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The WikiFX Score of this broker is reduced because of too many complaints!

Alvexo

Cyprus | 10-15 years |
Regulated in Cyprus | Market Maker (MM) | Suspicious Scope of Business | United Kingdom European Authorized Representative (EEA) Revoked | High potential risk

http://www.alvexo.com/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Argentina 4.61
Surpassed 46.40% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+248 25030482
support@alvexo.com
http://www.alvexo.com/
https://www.facebook.com/AlvexoTrading
The WikiFX Score of this broker is reduced because of too many complaints!
VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
2025-05-22
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
4

Basic Information

Registered Region
Cyprus
Operating Period
10-15 years
Company Name
VPR Safe Financial Group Limited
Abbreviation
Alvexo
Company employee
--
Customer Service Email Address
support@alvexo.com
Contact Number
+24825030482
Company Website

Hemana

Unverified

United Arab Emirates

Always this happen there system is not so good always freeze , I am afraid to lose my funds

Exposure

2023-04-05

十一年承諾℡

Unverified

Hong Kong

Alvexo modified clients’ account number to rip them off and then asked for margin.

Exposure

2020-07-23

你不去苟且,世界就没有暧昧!

Unverified

Hong Kong

The withdrawal is unavailable. Alvexo asked for fund with varied excuses, keeping backing out!!

Exposure

2020-07-12

Derekkk

Unverified

South Africa

Alvexo is so unreliable! I set a buy stop and sell stop order with 0.2 lot size on my $300 account. However, my sell stop was rejected with no money description. The market later went over 200 pips after my sell stop but it later filled in my buy stop during Tokyo session and I lost all my funds.

Neutral

2023-02-20

糖铃

Unverified

Singapore

With Alvexo, I started out with a "Classic" account and worked my way up to a "Prime" account. I thought that all three accounts I used helped me a lot.

Positive

2022-12-11

FX1023300450

Unverified

United Kingdom

Alvexo asks for so high minimum deposit, as high as 500 Euros, not friendly to most regular traders. Here I suggest that you should first open a demo account to test its trading platform, then start real trading. As for its benefits, Alvexo does offer a commission-free trading environment, only spreads calculated. Finally, you had better choose some other brokers who require lower initial capital.

Neutral

2022-11-18

十一年承諾℡

Unverified

Hong Kong

Alvexo has frozen my account for many times and asked for unfreezing fee.

Exposure

2020-07-12

7
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Official website

Website

alvexo.fr
35.241.4.52
alvexo.de
35.241.4.52
alvexo.com
35.241.4.52

Genealogy

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Relevant Enterprises

VPR SAFE FINANCIAL GROUP LIMITED(Cyprus)
Active
Cyprus
Registration No. HE322134
Established 2013-05-13
Related sources Website Announcement

Company Summary

AlvexoReview Summary
Founded2015-01-28
Registered Country/RegionCyprus
RegulationRegulated
Market InstrumentsCommodities, Stocks, Cryptocurrencies, Bonds, and Indices
Demo Account/
LeverageUp to 1:400
SpreadFrom 0.1 pips
Trading PlatformAlvexo WebTrader, Mobile App
Min Deposit500 EUR/USD
Customer Support+24825030482
41449746327 (Switzerland)
2484671950 (Seychelles)
815050508506 (Japan)
Twitter, Facebook, Instagram, YouTube, LinkedIn
HIS Building, Office 5, Providence, Mahe, Seychelles.

Alvexo Information

Alvexo is an online trading broker operated by HSN Capital Group Ltd. The platform offers CFD trading on over 450 assets, covering currency pairs, stocks, indices, commodities, cryptocurrencies, and bonds. Its core services include web and mobile trading platforms that support multi-device access. Alvexo is a medium-risk, high-flexibility trading platform suitable for investors seeking diversified assets and high leverage.

Alvexo

Pros and Cons

Pros Cons
RegulatedHigh leverage risk
Multiple trading instrumentsPossible hidden costs (significant differences in spreads across account tiers)
Flexible accounts
Abundant educational resources

Is Alvexo Legit?

Alvexo is a legally operating brokerage firm. It is regulated by CYSEC with license number 236/14. However, its regulatory status with the FCA has been revoked.

CYSEC
FCA
regulated

What Can I Trade on Alvexo?

Tradable Instruments Supported
Commodities
Stocks
Cryptocurrencies
Bonds
Indices
ETFs
Mutual Funds

Account Type

Beginners can start with a Classic account and leverage educational resources to gain experience; professional traders prioritizing low latency and tight spreads may consider Prime or Elite accounts.

Account Type ClassicGoldPrimeElite
Minimum Account size€ 500€ 10,000€ 50,000Call us
Spreads from2.9 pips2.2 pips1.8 pips0.1 pips
Leverageup to 100:1up to 200:1up to 300:1up to 400:1
Stop out levelup to 40%up to 35%up to 25%up to 15%
Minimum Deal size0.01 lot0.05 lot0.1 lot0.25 lot
Financial Instruments (CFDs)Currencies, Commodities, IndicesCurrencies, Commodities, IndicesCurrencies, Commodities, Indices, Bonds, StocksCurrencies, Commodities, Indices, Bonds, Europe & US stocks, Cannabis stocks
Alvexo Plus30 days45 days60 daysLifetime
account

Alvexo Fees

Alvexo offers floating spreads that decrease with account tiers. For example, the spread for the Elite account can be as low as 0.1 pips, while the Classic account starts from 2.9 pips.

spreads

Leverage

The Prime account offers a leverage of 1:300, while the Elite account provides a leverage of 1:400.

Trading Platform

The Alvexo WebTrader requires no download and supports multi-device browser access, while the Mobile App supports iOS and Android, offering features such as real-time market quotes and price alerts.

Trading PlatformSupported Available Devices Suitable for
Alvexo WebTraderWebAll
Mobile AppiOS and AndroidAll

Deposit and Withdrawal

Alvexo requires a minimum deposit of €500 (approximately RMB 4,000) and supports credit cards (VISA, Mastercard) as well as bank wire transfers.

For withdrawals, regular withdrawals take 4-7 business days, while bank wire transfers require 14 business days. When making a deposit, investors are required to submit proof of identity, proof of residence (within the past 6 months), and payment credentials (a copy of the bank card).

Keywords

  • 10-15 years
  • Regulated in Cyprus
  • Market Maker (MM)
  • Suspicious Scope of Business
  • United Kingdom European Authorized Representative (EEA) Revoked
  • High potential risk

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