Alvexo Review

Alvexo Review

Alvexo is an established CySEC licensed Forex & CFD broker owned by VPR Safe Financial Group Limited. Alvexo is located at 1 Agias Fylaxeos Street, Limassol, 3025 Cyprus.

Their phone number in Cyprus is: +357 250 30937 and in the United Kingdom: +44 203 769 9390. Email for account verification is: compliance@alvexo.com.

Alvexo Review

The Forex Broker Alvexo offers investors the popular MetaTrader4 trading platform. They have available the desktop standalone version along with the web based and mobile versions.

They offer in total more than 60 assets for trading including all of the popular currency pairs, some stock market indexes, along with agriculture and energy commodities like Brent, Crude Oil, Corn, Coffee, Wheat and Sugar. Their website and customer support is available in English, Français, Arabic, German and Italian.

Alvexo Web Based Trading Platform
Alvexo Web Based Trading Platform

Maximum leverage on currency pairs is 400:1, and on commodities and indexes leverage is up too 100:1. The spreads vary from as low as 0 pips on ECN accounts, to 3.3 pips on the classic account. Trading on leverage is very risky, and new traders should make sure they fully understand the risks associated with using margin.

Minimum deposit for new accounts is only $500, and there are 4 different account types which offer various benefits, see here.

Alvexo Forex Brokers Account Types
Alvexo Forex Brokers Account Types

Alvexo License

When the Scam Broker Investigator reviews a Forex broker to see if they are a scam broker or a legitimate broker, we look to see if they have a valid license. The main reason investors always use a licensed and regulated broker is to be sure that your funds are safe and kept in segregated accounts.

Alvexo is licensed and regulated by CySEC in Cyprus, which is a member of the European Union. Their licensed number is: 236/14.

Compare Alvexo

Smart investors always research more than one broker before making a final decision. The various things to compare between brokers are their: Minimum Deposit, Commissions, Spreads and  Available Products for Trading.

24option is a popular broker, offering trading on Bitcoin & Ethereum, licensed by CySEC. Their minimum deposit is only $100, and their trading platform is easy to use, see here.

ForTrade is a broker that is licensed and authorised by FCA England. Investors enjoy using their customized trading software which is user friendly. Get a Free demo at: ForTrade.com.

Alvexo Open Account

If you are currently trading with Alvexo, please share your experience in the comments section below for new investors to know.

 

Alvexo Review

Alvexo Review

Alvexo is an established CySEC licensed Forex & CFD broker owned by VPR Safe Financial Group Limited. Alvexo is located at 1 Agias Fylaxeos Street, Limassol, 3025 Cyprus.

Their phone number in Cyprus is: +357 250 30937 and in the United Kingdom: +44 203 769 9390. Email for account verification is: compliance@alvexo.com.

Alvexo Review

The Forex Broker Alvexo offers investors the popular MetaTrader4 trading platform. They have available the desktop standalone version along with the web based and mobile versions.

They offer in total more than 60 assets for trading including all of the popular currency pairs, some stock market indexes, along with agriculture and energy commodities like Brent, Crude Oil, Corn, Coffee, Wheat and Sugar. Their website and customer support is available in English, Français, Arabic, German and Italian.

Alvexo Web Based Trading Platform
Alvexo Web Based Trading Platform

Maximum leverage on currency pairs is 400:1, and on commodities and indexes leverage is up too 100:1. The spreads vary from as low as 0 pips on ECN accounts, to 3.3 pips on the classic account. Trading on leverage is very risky, and new traders should make sure they fully understand the risks associated with using margin.

Minimum deposit for new accounts is only $500, and there are 4 different account types which offer various benefits, see here.

Alvexo Forex Brokers Account Types
Alvexo Forex Brokers Account Types

Alvexo License

When the Scam Broker Investigator reviews a Forex broker to see if they are a scam broker or a legitimate broker, we look to see if they have a valid license. The main reason investors always use a licensed and regulated broker is to be sure that your funds are safe and kept in segregated accounts.

Alvexo is licensed and regulated by CySEC in Cyprus, which is a member of the European Union. Their licensed number is: 236/14.

Compare Alvexo

Smart investors always research more than one broker before making a final decision. The various things to compare between brokers are their: Minimum Deposit, Commissions, Spreads and  Available Products for Trading.

24option is a popular broker, offering trading on Bitcoin & Ethereum, licensed by CySEC. Their minimum deposit is only $100, and their trading platform is easy to use, see here.

ForTrade is a broker that is licensed and authorised by FCA England. Investors enjoy using their customized trading software which is user friendly. Get a Free demo at: ForTrade.com.

Alvexo Open Account

If you are currently trading with Alvexo, please share your experience in the comments section below for new investors to know.

 

Reviewed by Scam Broker Reviews
  • Marvin

    Hello

    Is alvexo a regulated company or not are they good enough to do business with?

  • Igoris Bryzachinas

    I would like to share my story.
    Please stay away from this company Alvexo, I lost $25000 in total in 2 months my life is effected and health too. When I start with Alvexo I get 1 million promises, I will get support good training. I was introduce to the Antonios Hamdan account Executive Supervisor (biggest layer I ever see in my life) all he dose just keep asking you invest more to have more training time with him. 07.03.2017 I invest my first $2500 after many promises on 14.03.2017 invested $7500 to get Prime account, more time together. in one week I receive only few training and on the 22.03.2017 he force me to invest another $4000 to get at list twice per day training. Not even 1 per day training I receive. All trade was done together was 80% lost. So I start trading by my self. What lead me to catastrophic situation. He sow me doing mistakes and never fixed me up all he was telling keep open positions 3 times I requested Antonios to be change because, he always late to our appointment or didn’t call at all. I managed to change him by calling Alvexo to another account executive. My situation what so bad and I was force to invest another $11000. I follow every step account executive was giving me in 1 week I and up with $8000 and after another week I receive phone call to hage my positions, or my account will be close. Last week we suppose to have 2 appointment Wednesday and Friday 10:00AM on Wednesday I was ill so email what from Thursday I am available any time. No replay back no appointment on Friday 10:00AM. Only today when my account went to 0 I receive phone call blaming me in all situations what happen. Guys sorry for my English I been in stress and are lot effected by Alvexo unrespectable actions. All they interesting invest you as much as you can and loose all. I hope none will get in this situation I am right now. Please stay away from this company full of layers!!!

    • Alvexo Compliance

      We are very sorry that this has happened and you have had such an experience with Alvexo.

      We at Alvexo Financial Brokers work very hard to offer distinctive services to all our Client’s and as per our Company’s policy all complaints need to be submitted along with the complaints form and a reference number will be provided to the complainant within 5 business days.
      As a regulated company our Compliance Department has already provided you with the relevant reference number and as per our communication with you, your matter is currently being investigated in great detail with all the concerns you have raised.

      Should you have any enquiries, please do not hesitate to contact us.

      • Igoris Bryzachinas

        Just to let you know, investigation has been finished and I am happy with results. Alvexo has returned part of my money.

        • Ajay Shekhawat

          Does Alvexo explained why you had such a bad experience?
          Also did their compliance team followed your complain sensible and kept you advised?
          Will you again trade with Alvexo?