Alvexo
- Trust score
- 3/10
- Legal simplicity
- 3/10
- Min. deposit
- 500
- Payment systems
Features
- Trader seminars and training
- Daily market analyst commentary
- Segregated client accounts
- Scalping allowed
- Affiliate program
- Wide range of trading instruments
Pros
- No standout advantages identified for this broker.
Cons
- No specific drawbacks identified for this broker.
Updated:
Alvexo is a forex and CFD broker regulated by CySEC in Cyprus and the FSA in the Seychelles, offering MT4, a proprietary mobile app, and WebTrader across four account tiers. The minimum deposit is 500 euros, with leverage capped at 1:30 for EU clients under CySEC and up to 1:300 for clients trading under the Seychelles entity. Alvexo covers shares, currency pairs, cryptocurrencies, indices, and commodities, though its entry-level spreads run wider than many competitors.
Alvexo is a CySEC- and FSA-regulated forex and CFD broker offering MT4, WebTrader, and a proprietary mobile app across four account tiers starting at a 500 euro deposit.
Alvexo overview
Alvexo is a forex and CFD broker operating through two regulated entities: Alvexo CY in Cyprus and Alvexo SEY in the Seychelles. The minimum deposit is 500 euros, and Alvexo supports MT4 alongside its own mobile app and web platform.
Regulation and trading restrictions
Alvexo CY is regulated by the Cyprus Securities and Exchange Commission (CySEC) and is subject to European Securities and Markets Authority (ESMA) trading restrictions. Alvexo SEY is regulated by the Financial Services Authority of the Seychelles (FSA) and operates without ESMA restrictions, accepting a broader range of traders.
Leverage
Leverage depends on which entity you trade under. EU clients trading with Alvexo CY are capped at 1:30 on major currency pairs under ESMA rules. Clients opening an account with Alvexo SEY can access leverage up to 1:300.
Account types
Alvexo offers four account tiers, each with a different minimum deposit and spread:
- Classic — 500 euro minimum deposit, spreads from 2.9 points.
- Gold — 10,000 euro minimum deposit, spreads from 2.2 points.
- Prime — 50,000 euro minimum deposit, spreads from 1.8 points.
- Elite — deposit by arrangement with the broker, spreads from 0.1 points.
Spreads and commissions
Spreads start at 2.9 points on the Classic account, falling to 0.1 points on the Elite tier. The entry-level spread is wide by industry standards, which matters most for short-term and scalping strategies.
Trading instruments
Alvexo covers shares in more than 300 companies listed in the US, UK, and EU, plus currency pairs, cryptocurrencies, major stock indices, and commodities.
Trading platforms
Alvexo supports MetaTrader 4 (MT4), its own Alvexo Mobile App with daily market analysis, real-time alerts, and risk-management tools, and the browser-based Alvexo WebTrader.
Deposits and withdrawals
The minimum deposit is 500 euros. Alvexo accepts bank transfer, credit and debit cards, Skrill, and PayPal. The broker does not publish a specific withdrawal fee.
Key facts
| Detail | Value |
|---|---|
| Year founded | 2014 |
| Headquarters | Cyprus |
| Regulation | CySEC, FSA |
| Platforms | MT4, WebTrader, mobile app |
| EUR/USD spread | From 2.9 pips |
| Demo account | Available |
| Minimum deposit | 500 euros |
| Base currencies | USD, EUR |
| Maximum leverage | Up to 1:300 |
| Assets | Currency pairs, stocks, indices, commodities, cryptocurrencies |
| Deposit methods | Bank transfer, Visa/Mastercard, Skrill, PayPal |
| Segregated accounts | Available |
| Scalping | Supported |
| Automated trading | Supported |
| Support | 24/5 |
Verdict
Alvexo's strengths are instrument variety and a well-featured mobile app; its spreads start wide compared with competitors, particularly on the entry-level Classic account. Traders in the EU should note the ESMA-driven leverage cap and trading restrictions that apply to the CySEC entity. Compare Alvexo against other brokers before opening an account.
