We aim to help you find the best broker according to your own needs. You can access real-time market quotes and price feeds, view charts and manage positions from the palm of your hands on both Android and iOS devices. The Alvexo app is freely available to download from the relevant app stores or directly from the website. Alvexo protects your data by ensuring platform integrity and client confidentiality via the use of the strictest safety protocols.
The customer support team strives to resolve any complaints in a prompt and satisfactory manner, within 1 business day. Based on my experience, I have found them to be very helpful and would not hesitate to reach out to them in the future. I respect how the broker puts such a strong emphasis on offering industry leading customer support to help you thrive.
- This can help potential investors conduct due diligence and includes regulatory policy papers, covering risk, privacy and investment policies.
- One section that is especially effective for enhancing your skill is the link on “Advanced Trading Strategies.” Here you learn about increasing your knowledge and abilities to a better degree.
- They could improve by adding support for some more currencies and also cryptos.
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Spreads start from 3.3 pips whilst there is zero commission charged. The minimum lot size required for this account type is 0.01. Account holders get 1 months free 1 on 1 support and access to trading signals/analysis.
Alvexo Reviews
That being said, the company’s proprietary platform is lacking extra features that make it stand out, and the lack of plugins for MT4 is unfortunate. Over 450 assets including Forex, indices, commodities, equities, and cryptocurrencies are available at Alvexo. The overall solid asset selection allows most retail traders to adequately diversify their portfolios, but the drawback to the asset selection is unacceptable spreads and commissions. Alvexo additionally executed a terrible task on listing available assets. While they are arranged by asset class, and a search bitbuy canada review function is present, the list only includes five assets, and traders need to scroll through a sometimes extensive list. Clicking on “View full details” opens a new tab and displays swap rates for the asset.
This company is a total scammed company you deposit your money but no way to withdraw. Alvexo offers the MT4 trading platform, as well as its WebTrader platform. The minimum trading size is listed as 0.01 lots, but dependent on account type; it is increased to as high as 0.25 lots.
Alvexo provides no information regarding deposits and withdrawals on their website which is highly unusual. The absence of this critical component presented the final piece to conclude that this broker operates a trading environment that should be avoided. Alvexo offers the MT4 trading platform without any third-party plugins.
The limited selection should suffice if you are just looking to trade a few major currency pairs, popular cryptos or stocks of large companies. For those of you who want more choice, IG have over 17,000 instruments. The glossary contains an A-Z of of popular trading terms along with an explanation of each. It can be very important to familiarise yourself with the most commonly used trading terminology. The signals I received were based on logical reasoning but they would require your own additional money management.
The website has an economic calendar that displays up to date listings of economic events, including the country impacted and level of impact. You can view previous, forecasted and actual results of each economic event. The calendar also includes filters to display the releases relevant to you.
Signals
You have to complete the second stage of the registration process so that you can use the full range of trading tools. However, the funds are refundable if you decide to change your mind and no use the platform anymore. If you worry that Alvexo may be one of those scam online trading platforms that you might see in the news, in truth, it’s not.
I would also prefer if you could get access to all accounts with the same deposit. Otherwise, coinbase exchange review I don’t think it is fair that you need deeper pockets for better trading conditions. Alvexo have a fast, clean and convenient online trading platform that runs directly in most modern web browsers without the need to download any additional software. You can just access it from any browser and login to your account. I like that it is available on all devices and is always up to date.
I think they could also improve by introducing the MetaTrader 5 platform and some more payment options. I would have liked to have the option to contact support over live chat. The minimum deposit is quite high at $500, considering brokers like Trade Nation let you get started with $500. Other than that, I think they can meet the basic needs of most retail traders. Alvexo are known for the education that they provide along with their service-oriented focus for all levels of traders. You can utilise a comprehensive selection of daily signals, market analysis, economic news, trading academy, webinars and seminars.
Alvexo Available Assets
This broker is a market maker and also profits from traders’ losses where it acts as the count-party to the positions taken. In addition to the plethora of indicators you get built-in the platforms, there is a decent selection of additional trading tools to improve your market analysis capabilities. You can also get access to trading signals and setup risk management. However, I think they could improve by implementing Trading Central and Autochartist. These are excellent tools which you can get through some other brokers such as Forex.com.
