Brief informationAlvexo
The company positions itself as a regulated broker providing access to financial markets. The company offers traders basic trading instruments and customer support. The account holders can invest in over 400 assets, including currencies and CFDs, using a variety of modern trading platforms.
Alvexo summary
Date of foundation. According to the information provided, the company has been operating on the market since 2014.
Regulation. Alvexo is operated by HSN Capital Group Ltd, which regulated by the Seychelles Financial Services Authority with license number SD030.
Location. The company's office is located at the following address: HIS Building, Office 5, Providence, Mahe, Seychelles.
Contacts. To contact technical support, potential traders can use the feedback form or contact phone number. The Contact Us section provides a list of country-specific contact numbers.
Terminal. Broker provides its clients with access to the MetaTrader4 trading platform. The platform is available for desktop computers, mobile devices and tablets. The terminal offers 30 technical indicators and 9 timeframes, setting tools for more active trading on a specific strategy. In addition, a service for tracking graphs and charts is available.
Alvexo trading terms
To start working with this broker, a client should go through the registration process. A potential trader provides the following information: full name, email address and password.
Traders are provided with access to the following trading instruments: currency pairs, indices, commodities, cryptocurrencies, stocks. The company does not provide any information about bonuses and promotions. The company offers traders a section called "Trading Academy". A big amount of written content and videos is available. By clicking on the "Start training" button, the trader opens a new tab filled with articles and video tutorials.
Types of trading accounts
Potential traders are offered to use the following types of trading accounts:
- “Classic” account. According to the information provided, clients are required to make a minimum deposit of 500 EUR. They can trade in the following types of instruments: currency pairs, commodities, indices, cryptocurrencies. Spread size is 3.3 pips.
- “Gold” account. According to the information provided, clients are required to make a minimum deposit of 5,000 euros. They can trade in the following types of instruments: currency pairs, commodities, indices, cryptocurrencies. Spread size is 2.2 pips.
- “Prime” account. According to the information provided, clients are required to make a minimum deposit of 10,000 EUR. They can trade in the following types of instruments: currency pairs, commodities, indices, cryptocurrencies. Spread size is 1.8 pips.
- “ECN” account. According to the information provided, clients are required to make a minimum deposit of 20,000 EUR. Traders can trade in the following types of instruments: currency pairs, commodities, indices, cryptocurrencies, stocks and bonds. Spread size is 0.0 pips.
A separate type of account is “ECN VIP”. According to the information provided, clients are offered spreads in the size of 0.0 pips. Traders can trade in the following types of instruments: currency pairs, commodities, indices, cryptocurrencies, stocks and bonds. In addition, clients can execute transactions with European and US stocks. Novice traders are also provided with the opportunity to use a demo account.
Account replenishment and withdrawal of funds
Broker Alvexo does not provide information on deposits and withdrawals on its website. The absence of this critical section raises questions as for this company. Potential traders are advised to discuss the possibility of working with a financial expert.
The company representatives note that customer funds are kept in separate accounts. Transmittal of transactions is accompanied by the application of modern digital security measures.
Feedbacks about Alvexo
The founders of the company warn traders about the risks associated with CFD trading. An incorrectly analyzed situation in the financial market can lead to loss of funds. Potential clients are advised to consult with a financial expert. A highly qualified specialist will help pay attention to important nuances.
It is important for potential traders to be informed of the latest feedback from other clients regarding working with a new broker. You may have had experience with Alvexo. Write your feedback and rate the service from 1 to 5. By leaving a feedback, you participate in the rating of BrokerTribunal. The list of brokers will allow clients to pay attention to companies with optimal trading conditions.
