Alvexo Review, Is Alvexo SCAM Broker?
Alvexo Review, Is Alvexo SCAM Broker?February 22, 2018
Welcome to our official Alvexo Review and Broker Investigation
If you are searching the internet and asking yourself is Alvexo SCAM or legit then you have landed on the right page. Alvexo is owned and managed by VPR Safe Financial Group Limited in Cyprus. It is a Cyprus Investment Firm (CIF) which is supervised and regulated by the Cyprus Securities and Exchange Commission (CySEC). Their CIF registration and license number is 236/14 and company registration number HE 322134. Their address is 1, Agias Fylaxeos street,3025 Limassol, Cyprus
Most people like to trade on Alvexo using desktop version and mobile apps for both Android and iOS from here.
Alvexo is a fully regulated global investment brokerage specializing in providing trading arenas for the global financial markets with offices located at Limassol, Cyprus. Alvexo offers access to over 500 assets ranging from Currencies, Commodities, Future Indices, Stocks and Cryptocurrencies. Traders can access Alvexo’s vast range of products, support, education and news material in five languages; English, Arabic, French, German and Italian. The organisation adheres to CySEC (Cyprus Securities and Exchange Commission) regulation through VPR Safe Financial Group Limited.
Alvexo’s core distinguishing features are focus on customer education and the importance of knowledge acquisition as a critical factor l in developing and maintaining sound and reliable trading skills. As such, Alvexo is constantly engaged in tradining its clients the need to excel in trading via educational channels.
Alvexo traders have a choice of choosing between three different platforms: MT4: the trusted and world’s most popular platform. Sirix Web Trader: Alvexo’s official trader directly accessible with no download from the website. Mobile App: Trade from anywhere at any time on Android, iOS, Windows Mobile and tables.
There are four types of accounts available at Alvexo. These accounts offer various terms with the margins mainly dictated by the type of account and the amount funded. Alvexo also supports a demo account where users can practice trading strategies as presented by the broker.
Is Alvexo SCAM or Not?
Alvexo is not a scam broker. Payouts are prompt, expeditious, and can be wired or sent to an E-wallet of your choosing. These are not crooks who will steal your money and have obtained licenses in the UK and the rest of Europe via the FCA and CySec.
Classic: This is the most used account at Alvexo, although mostly by novice traders who are trying out for the first time the brokerage. The classic account operates under a minimum deposit of $250 with the smallest deal size set at 0.01 lots. The spread margins start at 3.3 pips. Traders of a classic account also enjoy leverage that maxes out at 300:1, free signals as well as a broad range of educational material is available.
Gold: While experienced traders are commonly associated with the gold account, others also express interest in higher payouts find it useful for their trading needs. An operating minimum of $2,500 is required to initiate a trade. The smallest deal size is set at 0.05 lots with spreads starting at 2.2 pips. Traders who use the gold account also benefit from Alvexo’s classic account features, while also getting an economic calendar.
ECN: This is primarily associated with direct trading and advanced users who find it necessary to achieve their trading objectives. An operating deposit of $5,000 is required to get you started with this account. The spread margins are set to start at 0.0 pips in addition to all benefits and features available from the gold account.
Prime: This is the premium account type at Alvexo and is mostly linked to semi-professional-to-professional traders who have the capability of depositing a minimum of $10,000 during their first trade. The minimum deal size is set at 0.25 lots with the spread margins starting at 1.8 pips. In addition to all features available from the gold and ECN accounts. Traders also gain access to technical analysis reports.
Alvexo’s state-of-the-art trading platform has allowed users to maximize the brokers trading methods to apply different trading strategies. Both beginners and expert users have the ability to optimize their return on investment through a training demo account and a list of beginner to advanced accounts that boast different tools and features.
There are weekly market reviews giving insights into market trends and financially relevant events, calculators, economic calendars and risk analysis tools that traders may use to achieve given trading objectives. The pip, margin and profit calculator have proven useful with the currency converter helping investors calculate the amount of money worth investing through a given account.
Trading signals are also a popular tool with traders that highly improves their trading potential by giving them additional trading ideas and trend indictors. Trading signals are used by those traders who would rather not spend time analyzing opportunities one by one and would rather get daily recommendations compiled by Alvexo’s market analysts.
Customer service is both amiable and professional. They offer courteous service in French, German, Arabic, and Italian.
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The Alvexo trading academy connects users with the broker by introducing educational videos among other trading courses before they embark on their first trade. A wide variety of topics are covered in the trading academy accommodating all levels of trading.
With an ever growing client base, Alvexo constantly integrates new technology and innovation to its user experience; recently attested by the launch of the Alvexo Trader platform. Filled with custom features to facilitate easy and fast trading at the click of a mouse. Resource-intensive improvements are added and updated on a regular basis to offer clients the best of what is available to the industry.
Alvexo Review Summary and Conclusions
The Alvexo SCAM-free brokerage offers a superior trading environment and is also fully regulated. Highly recommended. For additional updates and more scam reviews don’t forget to join our Facebook Page and YouTube channel.