Website: www.alvexo.eu Min. Deposit: $500 Leverage: 1:30 Trading Platforms: Alvexo WebTrader, MT4 Regulation: FSA, CySEC Headquarters: Cyprus Founded: 2014

Regulatory Licenses:

• VPR Safe Financial Group Ltd – CySEC (HE 322134)
• HSN Capital Group Ltd – FSA Seychelles (SD030)

In a Snapshot

• Instruments: Forex, Indices, Commodities, Cryptocurrencies (CFDs)
• EUR/USD Spread: 1.5 pips
• Demo Account: Available
• Base Currencies: EUR, GBP, USD
• Education: Text & Video Strategy Courses
• Customer Support: 24/5

What is Alvexo? Alvexo is a Cyprus-based forex and CFD broker known for its regulatory transparency and diverse trading solutions. Operating under CySEC and FSA licenses, Alvexo caters to a global client base with offices in several countries. The broker offers both the popular MT4 and a proprietary WebTrader platform, backed by a comprehensive educational suite and market research tools. Despite the strong regulatory foundation, it’s worth noting that the offshore entity may present varied protections.

Pros and Cons Pros:

• Regulated by CySEC (EU) and FSA
• Offers MT4 and user-friendly WebTrader
• Strong educational and market research content
• STP and ECN account types with competitive spreads
• Multiple account types, including Islamic accounts

Cons:

• No 24/7 customer support
• High minimum deposit ($500)
• Offshore entity has lower regulatory safeguards

Is Alvexo Safe? Yes. Alvexo is licensed by CySEC in Europe and the FSA in Seychelles. It complies with MiFID regulations, segregates client funds, and follows industry best practices, making it a low-risk broker overall.

Leverage Leverage is capped at 1:30 for European traders due to ESMA regulations. However, clients under the Seychelles-registered entity can access leverage up to 1:500. Traders should use leverage cautiously, especially at higher ratios.

Trading Fees Alvexo fees vary depending on account type. The broker charges through spreads or commissions, with ECN accounts offering raw spreads plus per-trade fees. Overnight/rollover fees also apply, which can be positive or negative depending on the trade.

Alvexo received a favorable score of 8.3/10 for its fee structure based on a comparison with 500+ brokers. Fees are transparent and can be reviewed per asset on the platform.

Account Types Alvexo offers five account types: Classic, Gold, Prime, ECN Gold, and ECN VIP. Each account varies by spread, commission, and support level. Larger accounts get tighter spreads and premium services. Islamic accounts are available for Sharia-compliant trading.

Spreads Spreads start from 1.5 pips for Classic accounts and go as low as 0 pips for ECN VIP accounts (with commissions). For example, ECN Gold account traders pay around 18 points per trade on EUR/USD. Alvexo spreads are competitive when benchmarked against brokers like Pepperstone.

Deposits and Withdrawals Alvexo accepts deposits via credit/debit cards, bank wire, and select e-wallets. Minimum deposit is $500. Most deposit methods are free, and no withdrawal fees are charged by Alvexo. However, traders should check with their payment providers for internal charges.

Funding Score: 3.9/5

Trading Platforms Alvexo provides:

• MT4: Industry-standard with EA support, advanced charting, and multi-order execution.
• Alvexo WebTrader: No download needed, fast STP execution, real-time quotes.
• Mobile App: Full trading functionality with real-time alerts.

Platform Score: 4.05/5

Research and Education Alvexo excels in market research and education. Clients receive daily signals, market insights, and access to strategy content (basic to advanced) through texts and videos. Their signals claim up to 88% accuracy.

Education Score: 4.5/5

Customer Support Support is available 24/5 via live chat, phone, and email. The team is responsive and well-informed but only supports English and does not operate on weekends.

Support Score: 4.0/5

Conclusion Alvexo is a regulated and well-equipped broker suitable for both beginners and advanced traders. It supports MT4, provides excellent research, and has diverse account types including ECN and Islamic options. While it has a higher deposit threshold and limited customer support hours, its regulatory framework and trading tools make it a credible choice.

Recommended for:

• Forex and CFD Traders
• MT4 Users
• Copy Traders
• Scalpers & Hedgers
• Strategy-driven traders
• Traders needing educational support