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Alvexo

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5.2
(15 Reviews)

Founded: 2014 Min Deposit: 500 USD

Headquarters: Seychelles Max Lev: 1 : 300

Score
Business Scope
5.3
Trading Cost
5.1
Trading Platforms
5.5
Support
5.4
Licence Status

subject to 2 regulations

CySEC 236/14
Seychelles FSA SD030
Authorised
Authorised
Contact
+248 25030482
support@alvexo.com
https://www.alvexo.com/
STP Broker
Multi-regulation
Multilingual Support
Scalping Restriction
Trading Education Program
Trading Signals Provided
Islamic Account
Multiple Account types
Low Commission
High Leverage
Broker News Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Broker News

CySEC Revokes Suspension of Alvexo's CIF License 2023-10-25
Alvexo's license was initially suspended by CySEC on August 22, 2022
CySEC Announces €100,000 Settlement With Alvexo Parent VPR 2021-03-31
The Cyprus Securities and Exchange Commission(CySEC) announced Tuesday that it has reached a settlement agreement with VPR Safe Financial Group Ltd, holding a Cyprus Investment Firm (CIF) license.

Deposit and Withdrawal

5.1

Score

No Data
No Data

Company and Service

5.7

Score

multilingual support

Features

Multilingual Support
Profile
Headquarters Address
HIS Building, Office 5, Providence, Mahe, Seychelles
Founded 2014
Broker Type
STP
Credit Profile No information
Trading Platforms
MT4
Mac,  Windows,  iOS,  Android
Contact
No Data
Others
Website Language
Arabic,  English,  French,  German,  Italian,  Portuguese,  Spanish
Customer Service By
Phone,  Email,  Facebook,  Twitter,  Instagram,  LinkedIn,  Youtube
Supported Language
Arabic,  English,  French,  German,  Italian,  Portuguese,  Spanish

Related Complaints

Q&A Complaints

هل منصة الفكسو تطلب مبلغ ضريبي على الحساب ؟

Abdul Aziz Alonaizi
Saudi Arabia
2024-10-19
ANSWER Dear Investor,We understand the distress and frustration this issue may have caused you. I have forwarded your inquiry to my colleagues dedicated to this issue, and they will work diligently to assist you.We would like to highlight that any communication between you and Alvexo should be through officially recognized channels. Therefore, we have cause to believe that the URL and email address mentioned in your previous message may be phishing attempts. The entire conversation, particularly the demand for an additional tax fee, strongly suggests potential fraud.Please do not respond to these communications unless you can verify they are from Alvexo through official channels.
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Alvexo Complaint

Eman
United Arab Emirates
2024-09-21
ANSWER Dear Investor,We understand the distress and frustration this issue has caused you. If your account is registered under the Seychelles Financial Services Authority (FSA Seychelles) license, we advise you to file a complaint with the FSA Seychelles.However, please note that offshore financial regulators like the FSA Seychelles may not offer the same level of protection as top-tier regulators such as the Financial Conduct Authority (FCA). This is why we always recommend trading with brokers regulated by top-tier authorities.We also encourage you to file a complaint on our platform at BrokersView Complaint. Our dedicated team will thoroughly review your case and work diligently to help you find a possible solution.
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Overall Score

5.2
15 Reviews

Cost 5.1

Platforms 5.5

Deposit & Withdrawal 5.1

Customer Support 5.4

Indicates the average level of Brokers

Keywords for selection

15 Reviews Clear filter

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Fernandino Mesquita
0-6 months Vietnam
Alvexo cancelled my account for accusing me of using Expert AdvisorAfter I made profit from 6 trade within a week. Don't be the next victim like me.My account was cancelled as below:Pursuant to the Company's monitoring procedures and examination of your trading account, we have reasonable grounds to believe that you have been abusing the Company's Terms & Conditions since your trading activity pattern indicates that your trading was performed with the assistance of an expert advisor. Further to the above, in accordance with Sections 15.2 and 26.4 of the Terms & Conditions, the Company shall terminate the business relationship with immediate effect. In this respect, kindly note that all open positions will be closed (if any) and no additional profits will be released to you, whilst as a gesture of goodwill, the Company shall not recall any profits already withdrawn from your trading account. Finally, we would like to notify you that the Company shall not accept the opening of any new trading accounts nor the referral of any new Clients. We apologise for any inconvenience caused. Best regards, Compliance DepartmentHSN Capital Group Ltd
2023-10-27
Reply
Azman
0-6 months Netherlands
I have invested 1000 USD.. I have lost some. But until now they wont pay me my remaining amount which is around 200USD. Even they dont reply to my emails. I wont recommend it to anyone. Dont invest with them
2023-10-19
Reply
omar Kaleem
1-3 years Classic Account Netherlands
Security is a priority at Alvexo, and it shows. Their robust security measures and regulatory compliance give me confidence that my funds and personal information are well-protected.
2023-09-15
Reply
Mihai Piranditta
0-6 months Classic Account Seychelles
Impressed with Alvexo's user-friendly platform and exceptional customer support. Their educational resources helped me gain valuable insights into forex trading. Highly recommend for both beginners and experienced traders.
2023-09-12
Reply
Ryan Dulovec
7-12 months Classic Account Nigeria
I've been disappointed with Alvexo's trade execution. Delays and slippage have negatively impacted my trading outcomes and overall experience.
2023-09-08
Reply
Alexandra Ershova
0-6 months Classic Account Thailand
It's a great platform. I enjoy a lot. As of now I use as a game.Learning and observing how stocks and currency goesup and down. I still didn't make any deposits because |don't have any mastercard.
2023-09-05
Reply
Chris Kolek
Cote d'Ivoire
Competitive pricing is a strong point of Alvexo. The low spreads and transparent fee structure have significantly contributed to maximizing my returns.
2023-08-30
Reply
Sang Ceron
Billings
The educational resources at Alvexo are impressive. Their webinars and market analysis have deepened my understanding of trading strategies and market trends.
2023-08-28
Reply
Fanis Theoklitou
Not used yet Classic Account Panama
I can't praise Alvexo's customer support enough. Their team is responsive, knowledgeable, and always ready to assist with any issues I encounter.
2023-08-24
Reply
Leigh Woods
0-6 months Classic Account United Arab Emirates
I traded with other brokers before Alvexo and felt quite stressful then as the customer manager constantly asked me to large my trading volume. I have not has such an undelightful experience in Alvexo. They did not push me for higher amounts. I just learn and trade at my owm pace. Plus, my account manager is patient and professional.
2023-04-13
Reply

1-10 of 15 comments

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.