Alvexo Review 2023: pros and cons, main features, trading conditions

Since 2014, Alvexo, a CFD broker, has been offering services in six asset classes such as stocks, currencies, and more. Alvexo, owned by HSN Capital Group Ltd, operates under the regulation of the Seychelles Financial Services Authority.

In 2023, Traders Union revealed an Alvexo review, highlighting its European division, regulated by CySEC. The company’s comprehensive offerings cater to a global clientele.

Pros and cons of Alvexo

Traders Union scrutinizes both the significant benefits and potential drawbacks of their brokerage services.


  • Offers a diverse selection of trading instruments.
  • Besides the renowned MetaTrader 4 platform, clients can utilize Alvexo’s custom-developed WebTrader.
  • Extra services like Alvexo Plus, featuring Trading Central signals, webinars, and TV news, are available.
  • Robust educational offerings, encompass in-house Academy courses, professional webinars, and e-books.
  • Provides an extensive variety of deposit and withdrawal options.


  • Lack of PAMM or MAM accounts for passive investment options.
  • Customer support team responses can be notably slow.
  • Regulation stems from offshore jurisdictions.

Expert review of Alvexo

TU experts have undertaken a thorough examination of Alvexo, a seasoned CFD broker with a variety of accounts tailored to global clients. Key findings include:

  • Alvexo offers four account types: Classic, Gold, Prime, and Elite, each with a different minimum deposit, starting at €500 for a Classic account.
  • Trading conditions and spreads vary with the account type. A Classic account features a minimum spread of 2.9 pips, while an Elite account offers spreads as low as 0.1 pips, depending on negotiation.
  • Detailed spread, commission, and cost information for each instrument is available on the Alvexo website, particularly in downloadable PDFs under the Terms & Conditions and Legal Documents sections.
  • To find specific account terms, technical support is available, although responses can be slow.
  • Alvexo maintains virtual landline numbers in 14 different countries for customer convenience.

Analysis of the main features of the Forex Broker

TU analysts have conducted an extensive evaluation of Alvexo, and their scores across various categories are as follows:

  • Overall Score: 1.99 out of 10
  • Execution of Orders: 1.78 out of 10
  • Investment Instruments: 2.2 out of 10
  • Withdrawal Speed: 1.84 out of 10
  • Customer Support: 2.14 out of 10
  • Variety of Instruments: 1.62 out of 10
  • Trading Platform: 2.36 out of 10

Trading conditions for Alvexo users

TU analysis of Alvexo reveals the following:

  • Over 450 trading instruments are available for clients.
  • Both the classic MetaTrader 4 and the proprietary Alvexo WebTrader terminals are provided.
  • Four types of accounts are offered, each with its own unique features.
  • Depending on the account type, services such as one-on-one consultations, leverage up to 1:300, and Alvexo Plus services (including signals and training programs) are accessible.

Comparison of Alvexo with other Brokers

Traders Union compares Alvexo in-depth to other top brokerage companies on the market, carefully examining their features and product offerings.

  • RoboForex: Unlike RoboForex, which excels in automated trading solutions, Alvexo focuses more on offering diverse trading instruments and unique account types.
  • Pocket Option: Pocket Option specializes in binary options, whereas Alvexo provides a broader asset range including CFDs on various classes, appealing to traditional traders.
  • Tickmill: Tickmill offers low-cost trading with tight spreads; however, Alvexo provides more educational resources and account variety, making it suitable for beginners and advanced traders alike.
  • Exness: Exness boasts swift withdrawal speeds, whereas Alvexo stands out with its robust educational offerings and personalized account features.
  • AMarkets: While AMarkets offers PAMM accounts for passive investing, Alvexo does not, but it compensates with a wider variety of trading instruments and a proprietary trading platform.

Furthermore, when compared to City Index, a leader in spread betting and CFD trading, Alvexo provides an additional advantage with its custom-developed Alvexo WebTrader. This unique platform combined with a wide array of instruments bolsters its competitive position in the brokerage landscape.


Alvexo, with its diverse asset offerings, range of accounts, and proprietary trading platform, caters to a wide range of traders. However, potential investors should conduct thorough due diligence, considering some areas of concern like offshore regulation and customer support. For more in-depth reviews and comparisons, visit the Traders Union website.