This contrast overview aids customers that struggle to select between Alpari and Alvexo to discover the most effective online broker for their trading and financial investment demands. It assesses the main features of both brokers alongside to assist users contrast their service and make a notified decision.
To assist customers select the ideal broker in between Alpari and Alvexo to locate the best-suited platform, below is a checklist of broker’s benefits and drawbacks, complied with by a contrast of their main trading features, consisting of trading platforms & tools, fees, mobile trading, down payment & withdrawal, possessions, law, and consumer support.
Alpari vs. Alvexo: Summary
Alpari is a financial brokerage company founded in 1998. The broker is not regulated, and is therefore not considered safe. Users have access to multiple assets including stocks (600 US stock CFDs), forex (46 + forex pairs), commodities and indices.
Alpari’s trading platform has over 60,000 users and is compatible with MetaTrader 4 and 5.
Alpari offers commission-free CFD trading and charges forex spreads from 1,2 pips EUR/USD. Traders can receive up to 20% cashback on paid spreads and commissions through Alpari’s loyalty program.
Alpari’s customer support is available by email (support@alpari.com), phone (+442 080 896 850), and via live chat in Arabic and English.
Alvexo is a forex and CFD broker based in the Seychelles. It is licensed by the CySEC and is considered safe. Alvexo offers users access to 58 forex pairs and over 450 CFDs on shares, commodities, indices, and cryptocurrencies. Users can choose between three different platforms: a web based proprietary platforms and app and MT4 integration.
Alvexo trading fees are industry average compared to similar forex and CFD brokers like AvaTrade and Pepperstone. They charge an average spread of 0,14 pips on EUR/USD and no commission on CFD trades. The broker charges an inactivity fees of $10 per month after 3 months of inactivity.
Alvexo’s customer support is available through email (support@alvexo.com), phone (+24825030482), and live chat in Arabic and English.
Pros
- Access to over 600 US stock CFDs and 46 forex pairs
- Commission-free CFD trading
- MetaTrader 4 and 5 compatibility
- Low (floating) spreads from 1,2 pips (EUR/USD)
- PAMM account availability
Cons
- Has a history of insolvency
- No valid trading licence
Pros
- Access to over 58 forex pairs and 450 CFDs
- Competitive spreads from 0.1 pips EUR/USD (Elite account)
- Intuitively designed mobile trading app and desktop trading platforms
- MetaTrader 4 integration
Cons
- High minimum deposit ($500)
- Trading signals aren’t as accurate as other signal providers
- MetaTrader 5 and Expert Advisors not supported
Key features
- Zero commission CFD trading
- Low minimum deposit ($100)
- Access to PAMM services
- Support for MetaTrader 4 & 5
- High-quality market analysis and research
- Over 600 CFDs and 46 forex pairs
Key features
- Access to 450 tradable symbols
- MT4 Compatibility
- Access to trading signals, trading strategies, and daily market analysis
- Cryptocurrency trading
- CySEC and FSA-regulated
- Competitive spreads from 0.1 pips EUR/USD (Elite account)
Alpari vs. Alvexo Comparison
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Alpari
Alvexo
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1000:1 | 400:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0-2% | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $5 after 6 months | 10 EUR after 3 months |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.4 | 1.8 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 3.3 | 5.5 |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $5.00 | $500.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 61 | 58 |
| CFD Indices & Funds | 20 | 15 |
| CFD Stocks | 600 | 350 |
| CFD Commodities | 8 | 12 |
| CFD Crypto | 0 | 24 |
| CFD Bonds | 0 | 2 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Alpari vs. Alvexo Comparison Conclusion
The outcomes of our contrast of Alpari vs. Alvexo are involved the table below.
| Broker: | Best For: |
| Alpari | Trading with multiple assets and PAMM investment services |
| Alvexo | Forex and CFD trading |
Selecting the appropriate selection between Alpari and Alvexo can be challenging. Both on-line brokers have resemblances yet differ concerning trading instruments, platforms & applications, guideline, down payment & withdrawals, and research study and education and learning. Choosing the best broker depends upon individuals’ trading & investment goals, individual preferences, and experience degree.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.