Alvexo Forex Broker


Alvexo-Broker Review

Alvexo is a Forex and CFD broker founded in 2009 in Cyprus which is fully regulated by CySEC and allows to trade with currency pairs (Forex), precious metals and CFD on stock indices, stocks and commodities. It is a market maker broker which offers fixed spreads in all its trading accounts and platforms. This company offers various types of accounts and trading platforms (including Metatrader) with different features designed for traders with different profiles.

Alvexo also offers ECN accounts, in which this broker provides its customers direct market access and does not become their counterpart in their transactions. In this way, there are no conflicts of interest between Alvexo and the client which can trade with total transparency since it has access to the broker´s liquidity providers (in this case the broker acts as an intermediary between the client and the market).

Type of broker

Alvexo is a Market Maker/ECN Forex broker.


This broker is registered and regulated by CySEC (Cyprus Securities and Exchanges Commission, License No.: 136/14) of Cyprus.

Country of origin

The headquarters of this broker are located in Cyprus, in Europe.

Trading Instruments

The clients of Alvexo are able to trade with the following financial instruments:

  • Forex market: 46 currency pairs in the spot market, from the major pairs such as the EUR/USD, USD/JPY and GBP/USD to other less common and trader like the USD/MXN, USD/NOK and EUR/DKK. 
  • Precious metals: Gold and silver in the spot market, two of the most important commodities on the market. 
  • Contracts for Difference: CFDs based on the following financial instruments: 
    • Agricultural commodities, including coffee, corn and wheat. 
    • Energy commodities, including crude oil (Brent and WTI) and natural gas. 
    • Metals like copper. 
    • The main stock market indices, such as the S&P 500, Nasdaq 100, Dow Jones, CAC 40 and FTSE 100 among others. 
    • Stocks of the US Market: More than 200 of the most important shares in the stock markets of United States, such as IBM, Apple, Google, GM, Intel, Facebook and others. 
    • Stocks of the European Markets: More than 200 of the most important stocks in Europe’s stock markets such as Airbus, Adidas, Bayer, BMW, Fiat and Gazprom among others. 

-The trading conditions for CFDs depend on the underlying asset (market) and market conditions at the time of the transaction.

Trading Accounts

This company offers four types of trading accounts with features designed for clients with different profiles. These accounts have the following characteristics:


Classic accounts

Basic package suitable for all traders
Gold accounts

Provides improved market monitoring and better trading conditions
ECN Accounts

ECN direct trading conditions for professional traders
Premium accounts

Premium package ideal for maximum efficiency trading

-Minimum Deposit: $500

-Minimum trade size: 0.01 lots

-Spreads: From 3.3 pips

-Leverage: Up to 1: 300


-Minimum Deposit: $2500

-Minimum trade size: 0.05 lots

-Spreads: From 2.2 pips

-Leverage: Up to 1:300

-Daily access to the Dealing Room

-1 to 1 Support

-Access to economic calendar (SMS)


-Minimum Deposit: $5000

-Minimum trade size: 0.05 lots

-Spreads: From 0.0 pips

-Leverage: Up to 1:300

-Daily access to the Dealing Room

-1 to 1 Support 1 to 1

-Access to economic calendar (SMS)

-Direct access to the Dealing Room


-Minimum Deposit: $10,000

-Minimum trade size: 0.25 lots

-Spreads: From 1.8 pips

-Leverage: Up to 1:300

-Daily access to the Dealing Room

-1 to 1 Support

-Access to economic calendar (SMS)

-Direct access to the Dealing Room

-Free trading signals (SMS)

-Technical analysis reports

*For all these accounts there is an Islamic version.

Demo Accounts

Yes, with no limit of time.

Trading Platforms

Alvexo offers two trading platforms which allow to trade with all instruments offered by this broker. The features of these applications are the following: 

Metatrader 4
This downloadable platform is based on Metatrader 4, the most used application of its type in the Forex industry. Metatrader 4 offers a lot of features including advanced charts with multiple time frames (from 1 minute to 1 month), dozens of built-in technical indicators, advanced trading tools, different types of orders, a fast execution and a user-friendly and customizable interface. It also allows the creation, evaluation and execution of automated trading systems called Expert Advisors, based maninly on technical analysis.

Alvexo Webtrader: This is a web based trading platform designed by the company. This application is based on the Sirix platform, which is used by a wide variety of brokers today. It has several tools and functions for the trader such as updated market prices, one click trading, various orders types, advanced price charts, direct deposit of funds, direct integration with the user’s Facebook profile in such a way that he/she can receive updated information about the positions closing and others. In addition, it has a social trading tool that, among other things, allows to follow and copy in real time the transactions performed by other traders of Alvexo, which is known as copytrading (see features of this service below).

-Platforms for mobile devices: Alvexo offers several applications that allow the trader to access their account and trade from any modern mobile device such as smartphones (Android & iOS) and tablets. Through these platforms it is possible to review the account status, open and close trading positions, place pending orders such as stop loss or limit orders, review the updated market quotes and verify the history of the transactions performed. They also have price charts and analysis tools.

Alvexo Social Trading Service

Alvexo has a social network for traders that can be accessed by all customers of this broker. This social network can be integrated directly into the trading account of all its members and even to the Alvexo Webtrader trading platform. Among other functions, it allows to get in touch with traders around the world who have an account with Alvexo, including professional traders, so that you can exchange knowledge and ideas regarding the market. Likewise, the client has the possibility to follow any transaction carried out by any member of this social network and even copy these trades directly and in an automated way in its own trading account, through the platform Webtrader. 
Through this automated trading solution, any investor can use trading signals generated by traders that he selects according to their performance, to perform trades in the market. In this case, the gains obtained can be substantial if the most profitable traders are selected.

Payment Options

The trader can deposit and withdrawal funds through Bank Wire Transfer, Credit Cards (the most important), Skrill and CashU.

Main Advantages of Alvexo
  • Alvexo is a fully regulated broker from Cyprus.
  • This broker offers ECN-type accounts, which provide direct market access, so that the trader makes transactions with a Non Dealing Desk order execution under real market conditions. 
  • Access to up-to-date market news through its website. 
  • This company has a social network for traders which allows to contact traders from around the world who have an account with Alvexo and at the same time allows to follow and even copy transactions of the most successful traders of this broker. 
  • Free education on the market and trading in general through its website, which focuses on the following aspects: Forex trading for beginners, Forex trading for advanced traders, trading strategies and tutorials on the use of the Metatrader 4 platform.
  • An introductory tutorial for beginning clients who lack experience in the Forex market.
  • Customers have access to market reports. 
  • Access to a trading signals service
  • Various market analysis tools, including an economic calendar.
  • Alvexo offers the possibility to earn money by promoting its services through an affiliate program called Investing Affiliate.

Main Offers of Alvexo
  • Due to the regulations of CySEC, Alvexo no longer offers deposit bonuses. 

Other Categories of this broker
  • Gold Broker.
  • Silver Broker.
  • Oil Broker.
  • CFD Broker.
  • Metatrader 4 Broker.


Company Alvexo belongs to VPR Safe Financial Group Limited
Minimum account size $500 for the Classic account.
Minimum lot size 0.01 lot.
Maximum Leverage* Up to 1:300.
Fixed or variable spreads from 0.0 pips for the major currency pairs like the EUR/USD.
Demo account Yes, with no limit of time
Link to the website Alvexo Website
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