General Information & Regulation
Alvexo.com (“Alvexo”) is operated by HSN Capital Group Ltd which is regulated as a securities dealer by the Financial Services Authority of Seychelles with License Number SD030 located at HIS Building, Office 5, Providence, Mahe, Seychelles. Alvexo is an online broker, offering forex trading, indices trading, commodities trading, precious metal trading services though popular MT4 trading platform.
Market Instruments
Alvexo provides investors with popular trading products in the financial market, mainly foreign exchange, indices, precious metals, commodities, CFDs, etc.
Alvexo Minimum Deposit
To meet different investors' investment needs and experience, four different types of accounts are listed on Alvexo platform : Classic (minimum deposit of 500 Euros), Gold (minimum deposit of 10,000 Euros), Prime (minimum deposit of 50,000 Euros), and Elite (minimum deposit required to consult customer service). The amount is just too high. There are many brokers require much less initial deposit.
Alvexo Leverage
Leverage for those trading in Europe is capped at 1:30. Clients operating under FSA regulations can utilise higher leverage, up to 1:300. Leverage should be utilised only when traders understand the risks involved
Alvexo Spreads & Commissions
The spreads on the Classic account start at 2.9 pips for EURUSD, 0.9 pips for XAUUSD, and 0.07 pips for Brent Crude. The spreads on Gold accounts start from 2.2 pips for EURUSD, 0.7 pips for XAUUSD, and 0.05 pips for Brent Crude Oil. The spreads on the Premium account start at 1.8 pips for EURUSD, 0.55 pips for XAUUSD, and 0.04 pips for Brent Crude Oil. The spreads for Black accounts start from 0.1 pips for EURUSD and 0.01 pips for Brent Crude oil. The commission for Forex and precious metals on ECN Gold account is $18 per lot, crude oil is $20 per lot, stocks are traded at 2.5 cents per share, and the commission for trading AEX index is €100 per lot.
Alvexo Trading Platform
Alvexo offers traders the world's most popular and secure M4T trading platform with navigation windows and multiple order types available through desktop, mobile, and tablet interfaces, with 30 technical indicators and 9 timelines, fully customizable for more specific strategy trading. Also available is Alvexo Web Trader, a faster, clearer, and smarter web browser-based trading platform. Traders can also download the trader's mobile app from the App Store and GooglePlay for flexible trading.
Alvexo Deposit & Withdrawal
There are various payment methods that are enabled as the transfer option to the live trading accounts, these funding methods including popular Credit and Debit Cards, selection of electronic payments and Bank Transfers. Alvexo minimum deposit requires as a start 500$, which is defined by Classic Account conditions, yet the amount is also defined by the account type traders choose. Besides, Alvexo deposit fee charges are free that are applied to most of the funding methods. There are no withdrawal charges as well, however, make sure to check with their payment provider as there are some internal fees that might appear by the payment providers.
Trading Hours
Clients can access trading platforms 24/7. However, trading in certain products is subject to respective market opening times. Trading out of hours can bring with it less trading volume and wider spreads.
Customer Support
Customer support is easily accessed via the live chat function, located in the bottom right of the screen. Alternatively, the contact telephone number is +35725030482. Alvexo customer service team is friendly, helpful, and responds quickly to queries.
