There is a virtual account for the purpose of demonstrating the features. It allows traders to try out platforms and strategies without taking any risks. Financial services are regulated by the Cyprus Securities and Exchange Commission . International operations of Alvexo are managed by HSN Capital Group Ltd, a subsidiary of the Seychelles Financial Services Authority . Negative balance protection is available at both branches, despite slight differences in plans and leverage rates.
Also, always consider Alvexo rollover or overnight fee as a cost, it is charged on the positions held longer than a day and may be checked directly from the platform. Each instrument has a different condition for overnight positions and may be presented for you as a fee or refund. Market Signal Point located at Marketsignalpoint.com is an offshore brokerage company with a lot of promises for forex traders .
Alvexo is a broker brand name of VPR Safe Financial Group Limited established in 2013. Alvexo signals are compiled twice daily & thoroughly researched for maximum precision. Access them on your PC or mobile device, or have them sent directly by SMS. Users caught spamming or abusing will be deleted from the site and prohibited from future registration at thatsucks.com and affiliates. We recommend staying within the range of good taste and respectful language to avoid any unpleasantness. My account was cancelled by compliance accusing me of abusing their system using Expert Advisor after I make profit on 6 trade within a week.
TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Alvexo have a choice of methods for depositing and withdrawing funds to and from your trading account. I would like to see them support some of the more popular digital wallets like FXTM do. I would also prefer if you could get access to all accounts with the same deposit. Otherwise, I don’t think it is fair that you need deeper pockets for better trading conditions.
Alvexo UAE User Experience
The broker is a registered Cyprus-based company and complies with financial regulations according to CySec and also holds a Cyprus license. Further, this broker does not offer money back guarantee which means trading on such platform is clearly a risk as your money cannot be refunded. Are you looking to read Market Signal Point reviews before trading?
The price charged to hold a given position from one trading day to the next. This charge is generally calculated, based on the country’s cash rate plus a small interest charge. The sum total value of all your positions https://forexbroker-listing.com/ in the market at any particular time. The very first day, a buyer of a share no longer obligated to a payment of the dividend the stock offers. A series of lower highs and lower lows in the cryptocurrency market.
- Alvexo is a highly regulatedbroker with a good reputation that provides flexible trading conditions, a variety of platforms, and pricing built into a spread or commission charge.
- Since the company’s founding in 2014, Alvexo has acquired customers in over 100 countries, and its growth has been explosive.
- These assets include commodities, equity, cryptocurrencies, and forex, which could be traded with minimum deposit.
The company is regulated by CySEC since 2014 but the exact date when Alvexo as a brokerage was launched is not known. I have been trading but was always burning my hands My experience with other ‘trainers’ on other trading platforms has been woefully discouraging. ScamBroker.com is a broker reviews website, and does not offer any investing advice or service.
Happy Alvexo.eu Customer
We do not present any investment advice or guarantees for the accuracy and reliability of the information. Lastly, Mobile App allows trading at any time with ease and convenience with all symbols and functions through full modification features covering your trading needs by any mean. Alvexo Overall Ranking is 7.8 out of 10 based on our testingand compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers. Meanwhile, there is no data on the broker’s acceptable funding methods. Any mathematical formulas used over the price and/or volume history of the market in an effort to determine the probable next move of any particular asset. A method developed to evaluate the value of a company relies on financial statements, PE ratios, future growth projections and company financial statements.
Trading CFDs and forex on this great platform are completely safe and secure. The Brokers is owned and operated by VPR Safe Financial Group Limited. The company provides financial services regulated by Cyprus Securities and Exchange Commission . The global operation of Alvexo is operated by HSN Capital Group Ltd under the regulation of Seychelles Financial Service Authority . Both arms provide negative balance protection, but the fund protection schemes and leverage rates somewhat vary.
Let us imagine for a moment if a trader has any questions about the platform’s features, fees, bonuses, or functionality. A trader who encounters this problem is advised to contact the customer support department of the broker, which will gladly assist them. A support staff member will generally respond quickly, is extremely responsive, and is efficient when it comes to dealing with problems when they arise. To comply with the regulatory requirements, Alvexo must also maintain its clients’ deposits in a separate bank account that is protected from negative balances. All assets are available to you whenever you sign up for the ECN VIP account.
Alvexo Review: Alvexo Forex Trading
Alvexo’s services include one of the top brokers with more than 650,000 registrations which is quite an impressive accomplishment compared to other brokers. The Alvexo offers CFD trading in more than 450 tradable assets across 5 categories. Worth mentioning that the technology used by this CFD broker fulfills an important role in the trading environment.
Market news and trends are published every week and other market updates such as daily and weekly reports. The built-in trading tools are compatible across multiple devices and offer a more robust trading experience. The software is designed to supplement the existing MetaTrader 4 platform, allowing traders to manage investment portfolios, perform technical analysis, and set necessarily real-time price alerts. Another popular award-winning trading platform offered by Alvexo is the Web Trader platform which requires no downloading. It is a web platform with a stable internet connection on every smart device. It has a clean and attractive layout and advanced tools to help traders respond instantly to market conditions.
The customer support team strives to resolve any complaints in a prompt and satisfactory manner, within 1 business day. Based on my experience, I have found them to be very helpful and would not hesitate to reach out to them in the future. There is a short online form to complete after which you will need to verify your email address. You will then need to upload a proof of identification such as a passport or drivers license and a proof of address such as a utility bill no more than 3 months old.
They provide a variety of account types along with a range of trading tools and trading academy. The company does not charge any fees for deposits and withdrawals, but it does charge commissions and spreads when trading tradable assets. In comparison to other foreign exchange brokers, Alvexo charges somewhat high fees.
The trading calculators include a currency convertor, profit calculator, margin calculator and pip calculator. I found them useful for performing basic calculations but they aren’t something that I would use on a regular basis. I think economic calendars are a vital tool and I often use them to see what is happening in the markets. I would prefer to have it included within the platform as I feel that this makes it much easier to check.
70.81% of retail investor accounts lose money when trading CFDs with this provider. Traders can deposit and withdraw money from Alvexo using a wide range of deposit and withdrawal options. However, if you would like to do so, you must log in to the trading account and select the deposit fund under the deposit activity section at the top of the dashboard.
One could suggest that if more of Alvexo’s traders used the brokerage’s trading signals, their overall client loss rate wouldn’t be sitting at 79 percent. As per our Alvexo review and research, we can say that the platform security measures include the standard security features used by many other brokers in financial markets. All trades are safely secured and encrypted with 256-bit RapidSSL encryption, protocols, and firewalls. The transactions at Alvexo are processed by the leading PCI-certified service and payment provider whereas the servers are situated in SAS-70 certified centers. It is important to ensure that the traders know how to use leveraged products and tools smartly since high leverage means capital is at risk. MetaTrader 4 is one of the most trusted and respected platforms preferred by most traders today.
The Prime account requires a €10,000 minimum deposit to receive a reduction in the minimum spread to 1.8 pips. All other trading conditions remain the same, except for an increase in the minimum lot size to 0.25 lots. The ECN Gold account is the first account where some equity CFDs are tradeable, but for a minimum deposit of €20,000. Spreads are listed as 0.0 pips on the account page, though information in other places on the site seem to contradict this information. The EUR/USD carries at 1.4 pips with a commission of $18 per lot with a minimum lot size of 0.05 lots. The ECN VIP account represents the sole account where all assets are available.
If you need to contact the Alvexo customer support or compliance department, you can do so through their live chat function that can be found at the bottom of the page. Also, on the company’s official website, there are contact numbers for the different branches, which can be found in the United Kingdom , France, Romania, Spain, South Africa, Italy, and Sweden. Alvexo Brokers has over 450 financial tools with thousands of registered traders worldwide, including the UAE, Singapore, and France. It’s time to mention some of the features offered by the platform with their respective analysis. If you need to contact Alvexo’s customer support or compliance department, you can do so easily through their live chat service that you can find at the bottom of the page. You can also find contact numbers for the various company branches on the official website, which are located in the United Kingdom , France, Romania, Spain, South Africa, Italy, and Sweden.
Alvexo Elite members can also receive life consultations as part of their membership. Keep in mind that you are not directly acquiring assets and securities if you don’t want to claim ownership. CySEC regulation is confirmed, and Alvexo provided the link to the regulation.