This comparison guide helps individuals who struggle to choose between Alvexo and CMC Markets to locate the very best online broker for their trading and financial investment demands. It analyzes the main features of the two brokers alongside to aid users contrast their service and make an informed decision.
To aid customers choose the best broker between Alvexo and CMC Markets to discover the best-suited platform, listed below is a listing of broker’s benefits and drawbacks, followed by a comparison of their primary trading features, consisting of trading systems & tools, charges, mobile trading, down payment & withdrawal, properties, policy, and client assistance.
Alvexo vs. CMC Markets: Summary
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.
CMC Markets is a UK based online broker founded in 1989. It is regulated by three tier-one regulators including the FCA, ASIC and CIRO. Users can trade on over 12.500 tradable instruments including shares, forex and CFDs.
CMC Markets proprietary trading platform called Next Generation offers various advanced trading tools, an extensive education section and reliable trade execution.
CMC Markets charges low forex spreads from 0.7 pips (EUR/USD) and 0% commission. Additional bonuses and rebates for active traders makes CMC Markets a low cost broker.
CMC’s customer service is available by phone, email and live chat only 24/5 (from Sunday to Friday night).
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
Pros
- Low minimum deposit ($0)
- Low average spreads from 0.73 pips EUR/USD
- Fast and reliable trade execution
- Great research tools and educational materials
- Bonus and rebate program
Cons
- High stock trading fees
- Customer service availability is limited (24/5)
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)
Key features
- Competitive forex spreads
- MT4 Compatibility
- Access to 338 forex pairs and 9,000 shares
- Comprehensive market research tools
- Beginners and advanced trading features
- Competitive pricing
Alvexo vs. CMC Markets Comparison
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Alvexo
CMC Markets
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 400:1 | 500:1 |
| 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 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 10 EUR after 3 months | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | £10 |
| Forex (EUR/USD) | 1.8 | 0.7 pips |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 5.5 | 3.4 pips |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $500.00 | 0 |
| 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 | 58 | 330 |
| CFD Indices & Funds | 15 | 98 |
| CFD Stocks | 350 | 9500 |
| CFD Commodities | 12 | 100 |
| CFD Crypto | 24 | 0 |
| CFD Bonds | 2 | 50 |
| 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
Alvexo vs. CMC Markets Comparison Conclusion
The outcomes of our comparison of Alvexo vs. CMC Markets are wrapped up in the table below.
| Broker: | Best For: |
| Alvexo | Forex and CFD trading |
| CMC Markets | Forex and CFDs |
Picking the appropriate choice between Alvexo and CMC Markets can be difficult. Both on-line brokers have similarities however vary relating to trading instruments, systems & apps, guideline, deposit & withdrawals, and research and education and learning. Picking the most effective broker depends upon users’ trading & financial investment goals, private 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.