Technology experts and market veterans came together to establish a forex broker that has unique features. Alvexo captures the attention of many traders. Here is why!
Who is behind the broker?
Safe Financial Group Limited established Alvexo in 2014. It is a company that operates in Cyprus. Though the company has existed for four years, it has managed to achieve a global presence.
It aims at providing you with good trading services and exposing you to global markets. CySEC regulates and licenses this forex broker. Alvexo offers No dealing desk and STP models to clients. You can access up to 40 currency pairs as well as assets such as indices, commodities, and stocks.
What trading platforms are available and supported?
Traders love the famous Metra Trader 4, and Alvexo avails this platform for you. It contains custom indicators and allows you to analyze the market. Unlike brokers that only offer one trading platform to traders, Alvexo includes additional platforms such as WebTrader. You can use this platform from any updated web browser. The two platforms are available on Apple iOS or Android operating systems.
What types of accounts are available?
The broker has three types of accounts to accommodate different levels of tradors. For new traders, you can start learning using the demo account which comes with virtual funds. Other accounts include classic, gold, ECN, and prime.
Spreads, Leverage, and commission
After making your initial deposit, you get additional features. For instance, the classic account has spreads that start from 3.3 pips and leverage of up to 1:30. The same account provides you with free trading signals and does not charge any commission. The gold account comes with dealing spreads that start from 2.2 pips. Fresh clients also get a welcome bonus after making the first deposit.
Deposit and withdrawal options
Alvexo provides numerous options when it comes to making deposits and withdrawals. You can use popular methods such as MasterCard, Visa, electronic wallets and bank wire transfers. To open a live account and start trading with Alvexo, you must make an initial deposit of $ 500.
Feel free to seek assistance from the broker’s agents via phone, email or fax. A set of professionals is on standby to help you find quick solutions to problems. They offer customer support in different languages. You can also learn a lot on trading from the tutorial videos and learning materials the broker provides.
- Numerous account types
Alvexo is a broker that caters to specific needs of different traders. You can join the available accounts according to your level of experience in trading. Each account type has specific features such as SMS capabilities, economic calendar, and technical analysis.
- Different platforms
Apart from the Meta Trader 4 platform, this broker provides traders with WebTrader which has unique features such as statistics, market alerts, and position management. You can access the platforms on different devices including portable ones.
- High commission rates and initial deposit
Every account apart from the classic type has a high rate of commission. The broker charges a certain amount as compensation for the services. You also pay a high deposit compared to other brokers.
Alvexo may be relatively new, but it has better trading conditions than some brokers that have existed for long. It provides you with decent trading platforms, multi-lingual customer support and educational resources. They offer customizable features to meet the specific tastes of traders. We wish they could lower the initial deposit amount and commission rates.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK