Alvexo

Rating: 2.7 / 5

Alvexo, founded in 2014, is a fairly new Forex broker. Since then, this broker claims to have over 650,000 registrations, a rather impressive accomplishment, but one that we could not verify during this Alvexo review. Alvexo offers CFD trading in over 450 assets across five categories and claims that technology fulfills a vital role in its trading environment. This broker has a research department, hosts annual events, and provides traders with the MT4 trading platform on top of its proprietary WebTrader. Education is also highlighted in Alvexo’s approach to achieve long-term trading satisfaction. An unusual fact remains that this broker opted for an office in Paris, France, besides its headquarters in Limassol, Cyprus.

Alvexo Website Screenshot

Broker Details

Headquarters
Seychelles
Established
2014
Min Deposit
$500
Execution
Market Maker
Regulators
CySEC, FSA

Trading Costs & Spreads

EUR/USD
1.4 pips ($14.00)
GBP/USD
2.4 pips ($24.00)
Gold
$0.50
Bitcoin
$423.09
WTI Crude
$0.03

Platform & Features

Trading Platforms
MetaTrader 4, Proprietary platform, Web-based

Pros

  • Demo and Islamic Account
  • Choice of Trading Accounts
  • Choice of Platforms

Cons

  • Scant Information on CFD Products

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