A Alvexo limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. Alvexo fees for Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs are listed below. Although Alvexo has a lot of good points Alvexo does not offer the below. TradingFinder.com assumes no responsibility for any potential losses or damages.
Education and research tools offered by Alvexo
- Non-trading fees also present a cost to clients, therefore, it is important that they are as low as possible.
- I’ve been trading with Alvexo for several months now and am satisfied with the leverage options they provide.
- The platform’s focus on education, strong customer support, and competitive spreads has helped it build a solid reputation in the online trading industry.
- Stocks are only available via CFDs, with a choice of approximately 450 titles, which remains limited compared to other brokers that exceed 1000 or 2000 references.
- Alvexo live chat support is a way for customers to obtain help from Alvexo through an instant messaging platform.
There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a Alvexo account.Ensure that Alvexo allows you to focus on the type of trading that you want to focus on. There are several methods through which you can deposit money into your Alvexo account. One can use a credit or debit card and Alvexo accepts payments from credit and debit cards provided by MasterCard and Visa.You can use PayPal, funding your Alvexo account using a personal PayPal account.
Although Alvexo is offering negative balance protection, there is a catch. The company does not apply this policy to clients who were trading during gaps or hedging with multiple accounts. It is hard to avoid gaps if the market is extremely volatile or the broker’s provided price data is not of high quality, therefore we assume the broker does not offer negative balance protection.
Email Support at Alvexo
When you fund money to Alvexo, money is in a segregated bank account that is separate from Alvexo company’s funds. As a regulated broker, Alvexo cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Alvexo. Instead, your Alvexo funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Alvexo. Also Alvexo is regulated in its local jurisdictions including major financial regulators like FSA (Financial Services Authority of Seychelles) (SD030).
Alvexo Review Conclusion
If you trade indices, you are able to give yourself exposure to the entire sector or even the economy – all the while only having to open one sole position. Alvexo is operated by VPR Safe Financial Group Ltd, a Cypriot company regulated by CySEC. The platform has been around since 2014 and has a headquarters in Limassol, Cyprus.
Otherwise, I’ll switch to Assurity Secure known for efficiency and a reliable fee system. I’ve heard about Alvexo from a relative and decided to sign up for a Classic account. Even though it’s the smallest solution with the brand, you get a lot of value for the amount deposited. Other users are satisfied with the security features of the platform.
Charting Tools
However, those looking for lower entry costs, tighter spreads, or a more competitive pricing structure might want to explore other brokers, especially top-tier STP options. The Alvexo broker has an impressive list of features and is a safe haven for traders looking to trade online. Its in-house analysts provide regular analysis and research reports on market trends. Alvexo broker is a safe haven for investors, and its deposit and withdrawal fees are entirely free. However, you should be aware that payment providers may charge you a fee for processing your deposits. In addition, withdrawal options may vary depending on your country of residence.
Also, on the company’s official website, alvexo review there are contact numbers for the different branches, which can be found in the United Kingdom (UK), France, Romania, Spain, South Africa, Italy, and Sweden. The support reps have full knowledge of all the issues or queries you may encounter about the platform or trading itself and provide answers promptly. It might be challenging for a particular caller because of the time difference and availability of reps that speak the same language as the one needing assistance. The form you have filled up will be sent to the company back-office, where human staff will check and verify your details to follow regulations. You would also need to send a copy of your driver’s license or any governmental ID and another document to show proof of your residence, which completes the process of verifying.
- Alvexo is an online broker that lets you trade a reasonable number of financial instruments with around 450 assets including CFDs on forex, stocks, commodities and cryptos.
- To get more extended access to these resources, traders have to upgrade to more advanced account types, with unlimited access only available to Elite account traders.
- On the flip side, a spread refers to the difference between the buying and selling cost.
- Alvexo offers five levels of real accounts (Classic, Gold, Prime, ECN, Elite) depending on your initial deposit, with evolving conditions (spreads, access to training, dedicated customer service, etc.).
It would not be a random call but is particularly tailor-made for your account and your experience level. The aim is to make you a more effective trader and make your set of skills better, instead of merely telling you instructions or answering your questions. You can open an account by applying online, which you can do by clicking the green “open account” link on the homepage.
I think it is good how each article goes into detail including screenshots for a clearer explanation. One of the areas that I think the broker really excels in, is education. You can get access to a wide range of educational materials in their dedicated trading academy, including trading guides and video tutorials.
Alvexo Account Types
Our goal is to equip you with the knowledge necessary to confidently use Alvexo trading tools, ranging from depositing and withdrawing funds to executing trades. Alvexo is quite diverse in the scope of its customer support service. For starters, the broker has a very diverse social media presence, operating on Facebook, Instagram, and Twitter, as well as Youtube and LinkedIn.