Alvexo Fees Spreads and Commission vary according to the account type that the trader is using. Alvexo’s EUR/USD spread starts at 0.1 pips for Elite account holders, and favorable and trader-friendly fee charge structures are offered.
| 🔍 Accounts | 📒 Classic Account | 📒 Gold Account | 📒 Prime Account | 📒 Elite Account |
| 💳 Minimum Deposit | $500 | $10,000 | $50,000 | Call Us |
| 💳 ZAR | R7 550 ZAR | R151 000 ZAR | R 7 550 ZAR | - |
| 📊 Leverage | up to 300:1 | up to 300:1 | up to 300:1 | up to 300:1 |
| 📉 Spreads from | 2.9 pips | 2.2 pips | 1.8 pips | 0.1 pips |
| 🌐 Financial Instruments (CFDs) | Currencies, Commodities, Indices | Currencies, Commodities, Indices | Currencies, Commodities, Indices, Bond's, Stocks | Currencies, Commodities, Indices, Bond's, Europe & US stocks, Cannabis stocks |
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
Alvexo Fees Spreads and Commission Revealed – A Key 9-Point Quick Overview
- ✅Alvexo Overview
- ✅Alvexo’s Fees and Spreads
- ✅Alvexo ‘s Additional Trading Fees
- Alvexo ‘s Broker Fees
- Alvexo Customer Reviews
- Alvexo ‘s Pros and Cons
- Conclusion
- Disclaimer
- Frequently Asked Questions
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 FSA. 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.
Alvexo’s Fees and Spreads
Classic, Gold, and Prime members enjoy a commission-free structure. Commissions charged on other accounts will vary depending on the instrument being traded. Traders with Alvexo can expect the following spread list:
| 🔍 Accounts | 📒 Classic Account | 📒 Gold Account | 📒 Prime Account | 📒 Elite Account |
| 💳 Spreads from | 2.9 pips | 2.2 pips | 2.2 pips | 0.1 pips |
| Withdrawl Fees | ❌ No | ❌ No | ❌ No | ❌ No |
| 📉 Minimum Deal size | 0.01 lot | 0.05 lot | 0.1 lot | 0.25 lot |
Alvexo ‘s Additional Trading Fees
Alvexo does not charge deposit fees or withdrawal fees, however, third-party payment providers may charge a processing fee that is not covered by the broker, and which is beyond the broker’s control.
Unfortunately, Alvexo does not offer a swap-free account for traders of the Muslim faith, for whom such interest is strictly prohibited by Sharia law.
| 💰 Fees | |
| ⏱ Inacivity fee | $10/ R151 ZAR |
| 💳 Deposit fee | ❌ No |
| 📒 Swap free account | ❌ No |
Alvexo ‘s Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution. As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
As Alvexo is not a spread betting broker, spread betting fees will not apply.
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
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
Very bad no one answering my emails
– Seem
Alvexo ‘s Pros and Cons
✅ PROS | ❌ CONS |
| Commission-free trading available | High minimum deposit |
| Comprehensive educational resources | No Islamic Account is available |
| Tight spreads available on certain instruments | Not strrongly regulated |
| Wide range of tradable instruments |
You might also like: Alvexo Review
You might also like: Alvexo Account Types Overview
You might also like: Alvexo Demo Account – Step by Step
You might also like: Alvexo Minimum Deposit
You might also like: Alvexo Sign up Bonus
Conclusion
Overall, Alvexo provides a positive trading experience, which has been largely reflected in its reviews to date. The company was established by trading veterans which still manage its operations today, and the company’s highly regulated trading environment offers clients peace of mind.
The company’s STP/NDD brokerage model is fast and effective, and gives users access to multiple liquidity markets, meaning the risk of conflicts of interest for Alvexo is reduced as they act only as a facilitator rather than as a market maker.
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
What spreads can I expect with Alvexo accounts?
The EUR/USD spread starts at 3.3 pips for Classic account holders and goes as low as 0.4 pips with the ECN VIP option. Spreads on major indices such as the FTSE 100 start at 3.53 points for Classic accounts and 0.88 points for ECN VIP accounts.
Does Alvexo charge commission?
Classic, Gold and Prime members enjoy a commission-free structure. Commissions charged on other accounts will vary depending on the instrument being traded.
Does Alvexo charge inactivity fees?
Yes, Alvexo charges a $10 USD fee per month after a 3 month inactive period on your account.
Does Alvexo charge spread betting fees?
No, Alvexo does not charge spread betting fees?
Does Alvexo charge deposit and withdrawal fees?
No, Alvexo does not charge deposit or withdrawal fees; however, the relevant financial institutions may charge fees on the deposit and withdrawal methods used by traders.
Top 4 Brokers
