All Share (J203) = 89 639
Rand / Dollar = 18.16
Rand / Pound = 23.52
Rand / Euro = 19.58
Gold (usd/oz) = 3 073.53
Platinum (usd/oz) = 989.39
Brent (usd/barrel) = 73.02
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Alvexo Demo Account

Alvexo Demo Account
 

Yes, Alvexo offers a Demo Account with various features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account. The Demo account interface is ideal for traders who want to learn to trade without incurring any risks or losses.

 

🔍 Broker Alvexo
Account Type 🌐 Demo Account
☑ Features 💰 $50000 of virtual currency
💻 Practise your investment strategies
⏱ Available: 30 days
🆓 Risk Free
📉 Identical to its live platform

 

Min Deposit

USD 500

Regulators

ASIC

Trading Platform

MT4, WebTrader, Proprietary Platform

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Choose your quick section of our Alvexo Demo Account below.

 

 Alvexo Demo Account Types Revealed – A Key 6 Point Quick Overview

  1. ✅Alvexo Overview
  2. How to set up an Alvexo Demo Account – Step by Step
  3. Alvexo Demo Account Features
  4. Alvexo Customer Reviews
  5. Alvexo Pros and Cons
  6. Frequently Asked Questions

 

Here is an overview of the Alvexo Demo Account as well as the features that are offered.

 

Alvexo Overview

 

Alvexo is an established broker that stands out for its education and service-oriented focus. Established in 2014, Alvexo is headquartered in Cypress but is regulated in Seychelles by the Financial Services Authority. Alvexo has managed to differentiate itself in the market by combining a two-pronged service approach that integrates both technological and platform innovation on an ongoing basis.

 

Alvexo’s commitment to maintaining innovative technology allows clients to achieve fast access to the world of financial markets on the ever-popular MetaTrader and other platforms, which feature advanced analytical tools and complete trading capabilities.

 

A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money. A demo account is also intended for beginners to get familiar with the various aspects of trading.

 

 

Alvexo Demo Account Overview

 

How to set up an Alvexo Demo Account – Step by Step

 

Opening a demo account with Alvexo will consist of the following steps:

 

  • Step 1 – Start the process

 

In order for the applicant to start the process, they can simply click on the “Open Account” button on the Alvexo homepage.

 

How to open an Alvexo demo account step 1

 

Step 2 – Complete Registration

 

The second step in the account registration process is to complete a short and simple registration form with a full name, email, and password. Once the registration form has been completed, the applicant can accept the privacy policy and click “Continue”.

 

How to open an Alvexo demo account step 2

 

Step 3 – Select Account Type

 

The third step in the account registration process is to select the type of account and fill in contact details in order to register a Demo account with Alvexo.

 

How to open an Alvexo demo account step 3

 

As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy. If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.

 

Alvexo Demo Account Features

 

The demo account from Alvexo provides a comprehensive practice environment. Users have access to $50 000 (R755 000 USD/ZAR at the time of writing) in virtual currency, free trading signals delivered via SMS, and real-time market data.

 

Traders will have access to the MetaTrader 4 platform, allowing them to test its various features against the trading conditions provided by the broker’s trading accounts. The demo account is available for 30 days.

 

🔍 Broker Alvexo
Account Type 🌐 Demo Account
☑ Features 💰 $50000 of virtual currency
💻 Practise your investment strategies
⏱ Available: 30 days
🆓 Risk Free
📉 Identical to its live platform

 

Alvexo Customer Reviews

 

Interesting platform with friendly…

Interesting platform with a friendly interface. I’ve been with Alvexo for a long time and I’m pretty happy with them, and I like the new features that have been added recently, although I haven’t tried them all yet – Christian Springer

IG 5 Star Review

Alvexo offers a very good customer

Alvexo offers a very good customer support, regulated broker, great trading platform with high speed and instant order execution. All these factors bode well to safely open a trading account with them, which by the way is a very fast and digital process. Try it. – James Mann

IG 4 Star Review

Very bad no one answering my emails

– Seem

IG 3 Star Review

 

Alvexo Pros and Cons

 

✅ PROS ❎ CONS
Access to MT4 platform on a demo accountDemo account only available for 30 days
Easy demo sign-up process
Free trading signals are available
Real-time market data supplied

 

Alvexo

 

Min Deposit

USD 500

Regulators

ASIC

Trading Platform

MT4, WebTrader, Proprietary Platform

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

You might also like: Alvexo Review

You might also like: Alvexo Account Types Overview

You might also like: Alvexo Fees and Spreads

You might also like: Alvexo Minimum Deposit

You might also like: Alvexo Sign up Bonus

 

Conclusion

 

Overall, Alvexo does offer a free demo account for beginners to start training in a 100% risk-free environment. A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money. A demo account is also intended for beginners to get familiar with the various aspects of trading.

 

Alvexo

 

Disclaimer

 

Alvexo – a brand name of HSN Capital Group Ltd is supervised and regulated as a Securities Dealer by the Financial Services Authority (FSA) of Seychelles. The FSA is established under the Financial Services Authority Act, 2013 and is responsible for the licensing, supervision, and development of the non-bank financial services industry of Seychelles.

 

HSN Capital Group Ltd, regulated as a securities dealer by the financial services authority of Seychelles with license number SD030 located at HIS Building, Office 5, Providence, Mahe, Seychelles. Trading Contracts for Difference (CFDs) involves a significant risk of loss that may not be suitable for all investors.

 

Before deciding to trade Contracts for Difference (CFDs), you should carefully consider your trading objectives, level of experience, and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure that you fully understand the risks and take appropriate care to manage the risk.

 

Please ensure you read our Terms and Conditions and Risk Disclosure Statement before making any operation on our trading platform, According to research in South Africa.

 

 

Frequently Asked Questions

 

 

Can I practice forex trading with Alvexo?

 

Yes, Alvexo offers a demo account that allows traders to practice forex trading without risking real money. The demo account provides access to the same trading platform and tools as a live account,

 

How long can I practice with the Alvexo demo account?

 

The demo account is available for 30 days.

 

Do I have to make a deposit to the Alvexo demo account?

 

No, the demo account is pre-funded with $50000 of virtual currency.

 

How do I open the Alvexo demo account?

To access the Alvexo demo account, you can follow these steps:

  1. Go to the Alvexo website.
  2. Click on the “Demo Account” button on the top right corner of the homepage.
  3. Fill in the required personal information such as your name, email address, phone number, and country of residence.
  4. Choose your preferred account currency.
  5. Answer the questions about your trading experience and financial background.
  6. Submit the form to create your demo account.

Once you have created your demo account, you will receive login credentials that you can use to access the trading.

4.5/5 - (25 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 22, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

Accordion Content

🏆 Top 4 Brokers

Account Minimum

$100

Pairs Offered

55+

Account Minimum

$1

Pairs Offered

240+

Account Minimum

$100

Pairs Offered

70+

Account Minimum

$0

Pairs Offered

50+

AvaTrade-Logo

Account Minimum

$15

Exclusive to SAShares Clients

Account Minimum

$1

Account Minimum

$100

Account Minimum

$0