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The app lets me keep the markets in my pocket at all time and take them with me wherever I go. Alvexo have a fast, clean and convenient online trading platform that runs directly in most modern web browsers without the need to download any additional software. Alvexo protects your data by ensuring platform integrity and client confidentiality via the use of the strictest safety protocols.
Five different account types are available at Alvexo, all these provide more than ideal trading conditions. For those who have the desire to get started in forex trading, you will be pleased to know that Alvexo has a large selection of currency pairs to trade. More than 58 pairs are included, among which there are major pairs such as EUR/USD and minor pairs such as NZD/JPY. Notably, Alvexo also offers a range of niche pairs for trading, including USD/SAR and USD/RON. 70.81% of retail investor accounts lose money when trading CFDs with this provider. As of today, Alvexo has introduced a new minimum account amount of $250 for its platform.
The Trustpilot Experience
The combination of these factors makes Alvexo one of the unique financial groups in the world. There is a wide selection of major indices in Alvexo in which investors may make investments in case they are interested in participating in index trading. You can choose from a broad range of indices that can be used to invest in countries such as Australia, Italy, France, and Japan. In addition, NASDAQ and other exchanges have multiple indexes that track U.S. technology stocks listed on the NASDAQ, namely the United States Tech100 index. Had bad service, struggled to get your money back or some other action which you believe isnon compliant?
We are committed to the fair handling of reviews and posts regardless of such relations. The glossary contains an A-Z of of popular trading terms along with an explanation of each. It can be very important to familiarise yourself with the most commonly used trading terminology. Alvexo have a collection of legal documents readily available for the public to download via their website.
Quite a decent broker.
They welcome all of your general and technical questions via an online form, telephone and email. The broker is headquartered in Cyprus with contact numbers in multiple countries to cater to different client’s geo-locations. I like how support is multilingual available in English, French, Portuguese, Italian, Russian & Arabic. The limited selection should suffice if you are just looking to trade a few major currency pairs, popular cryptos or stocks of large companies. For those of you who want more choice, IG have over 17,000 instruments. I don’t always want to switch on my laptop just for a quick glance at the markets.
Good evening, he accidentally downloaded a treding application, and every day I received several phone calls for 1 month, and I told everyone that I was not interested in this project and I closed it. Until Dimitris Lantzos appeared, he made me change my mind and most importantly made me to trust him and the company he works with. Innovative marketing tools to achieve the best audience and conversion rates.
The second phase includes certain form filling and a minimum cash deposit. Alvexo trading site was founded in 2014 under the ownership of VPR Safe Financial Group Ltd. The popular broker, Alvexo, is headquartered in Limassol, Cyprus, but has an office in Mahe, Seychelles. Alvexo’s website boasts more than 450 tradable assets and thousands of experienced traders worldwide, including France, the UAE, and Singapore.
As one of its most distinctive features, Alvexo has the ability to protect against negative balance because that is one of its most notable features. In addition, it is guaranteed that clients won’t lose more money than they invested in the platform since a money-back guarantee backs the platform. The holder of a cryptocurrency trade does not need to hold the asset, nor does a portfolio on an exchange need to be created. As well as this self-led learning there is also the opportunity to engage with a customer support representative that will be allocated to your account during on-boarding.
The academy is built to educate new clients on trading activity pattern, chart-based trading, how to comprehend daily analysis, and offer investment advice, to avoid the risk of losing real money. MetaTrader 4 is one of the most trusted and respected platforms preferred by most traders today. It is an extremely robust and feature-rich trading platform with welcoming functionality for new clients and advanced functionality to cater alvexo review to the requirements of the more advanced market participants. Although Alvexo provides an impressive range of financial markets and award-winning trading platforms, the broker company has not yet received any rewards. Alvexo offers a demo account that provides access to certain products. Still, the complete set of instruments is available only to those investors and other traders who complete the second registration phase.
How to Start Trading with Alvexo UAE
You can download the app from the App Store or Google Play Store for free, and it is compatible with both iOS and Android devices. 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 .
Alvexo is an independent broker that offers several different currency pairs and CFDs. They’re regulated by the CySEC and authorized and regulated by the Financial Conduct Authority . The company is based in Cyprus, but also has offices in Paris, France.
- I had a lot of free time so I thought of doing some trading for fun and see if I’m good at it.
- The trading instruments range offered by Alvexo includes CFDs, Stocks, Index, commodity and currencies along with newly launched feature at Alvexo the Cryptocurrencies trading.
- They provide a variety of account types along with a range of trading tools and trading academy.
- Market news and trends are published every week and other market updates such as daily and weekly reports.
- More specifically, Classic account holders have access to Alvexo Plus for 30 days with a personal consultation.
There are some additional trading tools to help with your day trading activities and you can choose from a variety of account types depending on the strategy you are using. I think the minimum $500 deposit is quite high when compared to many other brokers but they do have free demo accounts if you want to practice trading https://forex-reviews.org/ before making a financial commitment. Due to the fact that Alvexo is essentially a CFD platform, its commissions are deducted from the spread per asset. In addition to the Classic Account, there are also other account types with various spreads, but on the Classic Account, the spread can be down to as low as 2.9 pips.
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I have tested many brokers over the years and I didn’t find them to have the lowest spreads or commission fees. They hold client funds in segregated fiduciary bank accounts away from the company funds so that they cannot be used for any other purposes. These funds exist off the company’s balance sheet and cannot be used to pay back creditors in the unlikely event of default of the Company.
Market Instruments by Alvexo
Based on all these inputs, Alvexo will provide you its recommendation as to which account will best be suited for you with minimum deposit options. Alvexo platform will also advise you on the amount of money you should invest at the beginning. Founded in 2014, Alvexo is a regulated online trading broker that provides traders with a friendly trading experience and opportunities to learn and develop their skills. Let’s suppose a trader has any questions about the platform’s features, fees, bonuses, or functionality. Traders in this situation need to contact the customer support department of their broker, which will gladly assist them.
All of these accounts required a different amount of size to operate. Brokers also provide the demo account trading option on the creation of accounts—the following steps needed to be followed to register with the Alvexo trade system. Also, to add on for more information, it is advisable to contact their Alvexo team for more clarity on the account.
Capitalize on the support of real people by calling the customer service centre anytime you need them. 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. Alvexo comes with a Trading Academy, which is one of its best features with an abundance of videos and written content. To enjoy this feature, click on ‘Start Learning’ and select any video tutorials and articles.
Alvexo UAE Contact and Customer Service
In this Alvexo Broker review, we’ll take a moment to mention the best cryptocurrencies to buy that are available on the Alvexo Broker platform. A number of cryptocurrencies are available, such as ETH, BTC, LTC, XRP, and DASH. There are several cryptocurrencies that can be traded both in crypto and fiat formats. Alvexo’s platform also offers a fair-trading policy for Litecoin in addition to its Litecoin and Bitcoin currency pairs. Alvexo provides an extensive and engaging selection of educational materials. The ‘Academy’ section of the website provides articles, tutorials and analysis reports that cater to both new and experienced traders.
We thank you for having brought to our intention your concerns and for taking the time to write a review about Alvexo. We regret to hear that you have had a bad experience with our Company, whilst your comments have been duly taken into consideration. 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. This is normal part of the KYC procedure that online brokers conduct. Once the accounts team have verified your account, you will be able to fund it using any of the convenient deposit methods and you can then commence trading.
You can view previous, forecasted and actual results of each economic event. The calendar also includes filters to display the releases relevant to you. Economic releases are often used as part of a fundamental market analysis.
Alvexo has one of the best beginner-friendly user interfaces across all platforms. Unlike most top forex brokers present in the market, Alvexo has a notable Account Generator feature that helps users to decide what account type they wish to own. It asks them to enter certain data such as risk tolerance, investment style, experience level, skill set, and investment goals. Based on the answers, the broker makes recommendations on account types that best suit the investors and also suggests the number of investments made; thus, chances for safe trading increase.
This can help potential investors conduct due diligence and includes regulatory policy papers, covering risk, privacy and investment policies. Alvexo EU is a brand name of VPR Safe Financial Group Limited who are committed to protecting clients’ interests and security, in accordance with governing rules and guidelines. In regards to your comments, kindly be informed that we could not detect you on our database. Consequently, there are no reasons not to trust this broker to be a mediator between you and the market. I did not notice any violations or pitfalls.It seems that Alvexo is an honest and reliable company.
People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. They seem to put true effort into improving their customers’ understanding of the markets. Nothing out of the ordinary, but since they are exceptional in so many aspects, I guess they should also stand out in this aspect as well.