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  5. Alvexo

The Italian broker Alvexo was established in 2014 and is regulated by CySEC. Among the advantages of the broker is sms-signals for clients. The main focus of the company is investment services, however, it also provides Forex instruments, CFD, index, shares, and crypto trading. You may reach support center by phone or email. You may start trading with no less than 500 USD deposit. The maximum leverage is 1:30. The clients note that the company provides excellent and useful analytics. A demo account is available for your convenience

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  • Fouded

    2014

  • Min deposit

    500$

  • Min withdrawal

    250$

  • Withdrawal fee

    no

  • Inactivity fee

    10$ after 3 monthly inactivity

  • Min bet

    0.01 lots

  • Max. leverage

    1:300

  • Withdrawal of funds

    1-5 working days

  • Asset type

    Forex, Indices, Commodities, Shares, Crypto

  • Regulated

    CySEC, FSA

  • Deposit with credit card

    Visa, Mastercard, Maestro, Bank transfer, Local Bank Transfers

  • Depositing with electronic wallet

    Cash-U, v-pay, Qiwi

  • Withdrawal

    Visa, Mastercard, Maestro, Bank transfer, Local Bank Transfers, Cash-U, v-pay, Qiwi

  • Avalaible plamform

    MT4, Web, IOS, Android

  • Company registration

    Agias Fylaxeos Street, KPMG Center, 2nd Floor, CY-3025, Limassol

  • Contacts

    info@alvexo.com

    +35725023932

Pros

  • CySEC regulated

    5 different account types available

    Can trade via MetaTrader 4 or broker's proprietary Web and Mobile platforms

Cons

  • Large minimum account size for Forex ECN and Stocks

    Not available to US customers

    Wide spreads on some accounts

    Limited payment methods

    Commission on ECN accounts relatively high

    No robo trading

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