Many of our readers are keen to invest in financial markets such as stocks, foreign currency and CFDs. That’s why we’ve taken the time to review one of the latest online trading platforms to the marketplace. Alvexo was founded by a group of financial market veterans and hi-tech professionals and designed to provide a digital gateway to investments and trading online.
Alvexo.com is wholly regulated with the FCA (Financial Conduct Authority) and FSA and is a licensed foreign exchange broker and investment company boasting a CySEC license. The platform of this recognized CIF has been open to financial traders since the start of 2015, with the aim of educating new and experienced traders throughout today’s complex and volatile financial markets. Alvexo has quickly become a prominent trading platform in a highly competitive marketplace for several reasons which we will explore throughout this impartial review.
The Alvexo Trading Academy & Education
The Alvexo Trading Academy is a good starting point both for those just dipping their toes into the world of financial trading and experienced traders looking to enhance their potential. The Academy fuses online tutorials and articles that can be digested by users at their own pace. There are two distinct categories within the Academy: Forex Trading Basics, which teaches the basic tools and terms of foreign exchange and Advanced Trading Strategies, which provides fundamental and technical advice on how to develop your own profitable trading strategies.
As part of the Alvexo Trading Academy, you can also set up a free demo account that allows you to trade the financial markets live using demo money. During the 14-day demo, you’ll have the Academy to fall back on for accessible videos, texts and tutorials to help you better understand market behaviours. All Alvexo users benefit from free of charge twice-daily trading signals from its trading professionals. This is often a premium service with other trading platforms, so we appreciated seeing this available for free.
A plethora of assets to trade
What’s great about Alvexo is that it goes beyond the norm in terms of the assets available to trade on its platform. Traders with Alvexo are not just limited to trading forex pairs and nor do they have to trade contracts for differences (CFDs) on commodities, stocks and indices. They can also get involved with the digital gold rush of cryptocurrencies. Trading crypto assets is one of the most popular investment types in 2018 and Alvexo offers its traders the ability to trade CFDs in Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Litecoin (LTC).
Executing trades is made easy by the platform’s 24/7 client support and users can rest assured in the legitimacy of this regulated broker that is compliant with the latest CySEC.gov.cy legislation.
Some notable advantages
- Account Generator for custom made accounts.
- Focus and news, education and signals – if you love to read, you will love Alvexo.
- Active social and support channels – good online credibility.
Highly secure client accounts
For additional peace of mind, it’s important to note that Alvexo keeps all client deposits 100% separate from its own operating capital, segregated into fiduciary accounts. The platform also operates up-to-date 256-bit SSL encryption to provide industry standard privacy and security for its clients’ accounts and transactions.
We also ran a search with the phrase “Alvexo Scam” and the brand seems to have good scores and comments in terms of online reputation.
Optional integration with MT4
Alvexo is compatible with the world-leading trading platform, Metatrader4, which has been used by retail traders since its release in 2005. The software incorporates the major trading indicators and tools that industry professionals utilize daily. MT4 is also the safest trading platform on the market, with all data encrypted and kept private for the most secure financial trading experience.
Alternatively, Alvexo’s own web-based WebTrader platform is accessible from any computer, smartphone or tablet devices with a Wi-Fi or 4G connection. With real-time quotes, one-click trade execution and stop losses available, you can control your risk and take short-term trading opportunities with ease. Alvexo’s mobile app is also useful for keeping track of market moves on the go and is compatible with Android, iOS and Windows smartphones and tablets.
Competitive spreads and account types
The platform’s spreads vary depending on the account you open, with spreads as low as 0.1 per pip for those who sign up with the ECN account. However, leverage on forex currency pairs can extend up to 300:1 and 50:1 for some CFDs.
There’s no doubt that Alvexo has gone to great lengths to deliver a fine-tuned online trading experience for its clients. Every effort is made to ensure clients are well looked after and the platform operates a strict policy of transparency and trust, reinforced by its regulation with the CySEC ecosystem. The deposit amount is a bit high among other industry players, but overall, Alvexo is an excellent starting point for newcomers to financial trading and a competitive choice for experienced investors too.