Read our Alvexo Review to find out whether this Broker is a scam or not .Launched as recently as 2014 , Alvexo has already firmly established itself as one of the most popular Forex currency and CFD trading systems. It’s worth noting from the outset of our review that this is a legitimate and fully regulated company. The Alvexo company is registered in Cyprus and overseen by that country’s local Securities and Exchange Commission. The Alvexo project was started and now continues to be maintained by industry leading professionals, that look to deliver a quality trading service to investors of all size . Will this qualify as a broker free from scams . Lets figure out !
Features Of Trading With Alvexo , Ultimate Review !!
The Alvexo mission statement is very clear. They believe that the future of investment is going to be increasingly led through private concerns, with individuals taking greater control over how their capital performs. Rather than be empowered exclusively to control a client’s capital, Alvexo see the future of Forex brokerage services being based upon suggestion rather than taking action themselves. Naturally this leaves the final decision in the hand of the investor.
Understanding that there’s many people interested in taking part in Forex/CFD trading but don’t have much in the way of specialist knowledge, the Alvexo website doubles up as an extensive educational resource too. Clearly our review finds the intention as rather than just expecting their clients to blindly trust their signals, there’s also an expectation that the trader will participate on a more hands-on role than that offered by most rival services. This being said Alvexo broker doesn’t compromise on the number of exchanges and shares available to their investors – although access to these does vary according to which account type the client opts for.
There are four different tiers of account membership with Alvexo website – Classic, Gold, ECN or Prime. The minimum amount required to get started trading varies considerably – as to do the benefits and trading advantages on offer. Classic is geared very much towards starter investors who are looking to use a platform (more below) to enact live Forex trades as they learn how trading works. Gold is by far and away the most popular tier, offering considerably more favorable spreads as well as a host of other advantages. ECN and Prime are geared very much towards industry professionals and offer a range of additional specialist support features.
Our review observes that alongside these different qualities of account there are a few other excellent features of the Alvexo project. They offer a very highly regarded internal dispute resolution mechanism (very rare) alongside genuinely hands on trading assistance and customer support. Quite clearly this is a professional outfit that maintains a team who really do understand the intricacies of this style of trading. Online feedback suggests that their customer support is excellent, and operates in several languages.
The Alvexo Platforms With Features :
No matter what level of account they sign up for, our Alvexo review finds that all traders with this broker have access to three different forms of trading platform. The base Alvexo trading software is the ever popular MetaTrader 4 which is never a bad thing. For those yet to use MetaTrader 4, this software firmly puts the client in control. It can be configured to be as straightforward or complex and the client wishes, making it a universally solid choice for services such as Alvexo. MT 4 offers comprehensive technical indicators, superb charting packages, immediate trading response alongside a variety of means of trading execution.
For maximum convenience users can opt for WebTrader whereby there’s no need to even download any software to get trading with Alvexo. All business can be conducted directly via the Alvexo website, which offers real time quotes, and one click high speed order execution. It’s intuitively designed and as would be expected features world class security measures.
Last but not least there is also the Alvexo mobile app. Given how the company vision projects traders taking more control over their investments, it should come as no surprise to hear that plenty of effort has been put into this software. It’s one of the best trading apps that we have yet to review, offering all the features of the main site. Trading remains completely live, and just as fast with investors having access to all aspects of their portfolio. The Alvexo app is compatible with all major mobile operating systems.
Deposits and Withdrawals
As would be expected from an internationally focused service, all major debit and credit cards are accepted as ways to fund and service any level of Alvexo account. Also they don’t levy any charge for deposits or withdrawals, but advise their clients to check with their bank/service provider for any potential transaction fees. There’s no evidence from any review that any existing clients have encountered any issues when dealing with Alvexo, with most reporting a fast and efficient service.
Bonus and Promotions
Alvexo offer a variety of bonuses that are primarily geared towards new investors. Note that these do vary in frequency with certain promotions not always being available, and are much more generous to new traders signing up for their senior range of products. Classic account holders receive little in the way of bonus funds to play with. At time of writing the current offer is a Power Bonus for eligible account holders of up to $5000, as well as a refer a friend project that carries a $300 immediate bonus.
Our Alvexo Review observed that their Training Academy is a very high quality resource, offering an extensive range of videos, tutorials and seminars on how to get started trading. Be aware that access to the more advanced material is limited to premium account holders only, and this level of investor also has much more hands-on practical guidance via blogs and even live chat services. It’s recommended that all users take advantage of the free trial/demo of the software before investing. This advice isn’t specific to Alvexo – it’s just standard good practice when looking into any Forex service.
Quite clearly this is why the Gold service is the most popular account type. While the information and assistance provided to Classic members isn’t by any means poor, the standard really improves at the post-introductory stages. The elite accounts for professional traders are basically provided with the same level of support as would be expected from any Forex brokerage service. Overall it’s very impressive and does tie in nicely with the Alvexo ethos.
Is Alvexo Forex Broker A Scam?
It should be pretty clear from this Alvexo review that in no sense whatsoever that this is a scam. This is a legitimate signals business that is not only legally regulated, but also has fostered a very good reputation with existing clients. Remember that competition in Forex style online trading is fierce, and companies that are outed as being scams or even just mediocre will quickly fall off the radar. On the other hand those who perform well such as Alvexo can grow very rapidly indeed.
Review Conclusion : Alvexo Broker is Not a Scam !
Our Alvexo Review observed that this is a quality example of a company that understands what it’s clients want. Firstly, the security of total regulation and protection of all invested funds. Secondly, access to industry leading software and comprehensive advice and guidance. Finally the assurance that their broker isn’t a scam – which clearly Alvexo most certainly is not. For those with $2500 or more then this is a solid and reliable choice.
The only downside is that while the spreads on offer are very impressive, the lowest level introductory offering really isn’t as good as it might be. However this criticism can be levied at almost all serious brokers and is hardly unique to Alvexo Broker so you cannot call it a scam . Plus for a site that claims to take it’s educational support seriously, there’s no FAQ section, which is somewhat of an oversight as per our review . Hope Our Alvexo Review gave u a deeper understanding of pros and cons of this broker .