Alvexo vs. Plus500 Comparison

This contrast overview helps customers who struggle to choose in between Alvexo and Plus500 to locate the very best online broker for their trading and financial investment needs. It assesses the highlights of the two brokers side by side to help customers contrast their service and make a notified choice.

To aid users choose the right broker between Alvexo and Plus500 to locate the best-suited system, listed below is a checklist of broker’s benefits and drawbacks, complied with by a comparison of their primary trading attributes, consisting of trading platforms & devices, costs, mobile trading, down payment & withdrawal, assets, guideline, and consumer assistance.

Alvexo vs. Plus500: Summary

alvexo-logo

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.

Plus 500 logo

Plus500 is a reputable CFD online broker licensed by the DFSA. They offer access to a wide range of assets including 2,800 CFDs on stocks & ETFs, cryptos, futures, forex, commodities, and indices. The Plus500 trading platform offers basic trading tools including Technical analysis charts, real-time quotes, quick buy and sell options from the same window and 3 order different types (market, limit stop order).

Plus500 trading fees are average compared to similar forex and CFD brokers. They charge an average spread of 0.8 pips (EUR/USD) without any commission. Plus500 charges non trading fees in the form of overnight fees, currency conversion fees, guaranteed stop order fees, and inactivity fees.

Plus500’s customer service is available 24/7 (even during the weekends and holidays) by phone, email, WhatsApp, and live chat.

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 ($100)
  • Competitive spread of 0.8 pips EUR/USD
  • Multiple order types and technical indicators
  • Excellent customer service
  • Negative balance protection
  • Intuitive mobile trading app

Cons

  • Relatively high fees compared to other brokers
  • Limited markets
  • Limited charting tools and features

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

  • Access to 3,000 CFDs
  • Beginner-friendly trading platform and mobile app
  • Low, floating spreads from 0.8 pips EUR/USD
  • Advanced (conditional) order types available such as GSOs and TSOs
  • Free unlimited demo paper trading account
  • Fast account opening

Alvexo vs. Plus500 Comparison

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Plus 500 logo

Plus500

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BROKER COMPARISON

alvexo-logo
Plus 500 logo

Overall rating

3,1/5

3,7/5

Overall rating

3,1/5

3,7/5

Trading Platform & Tools

3.0

3.3

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 300:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

2.5

3.5

See details
Withdrawal Fee 0
Deposit Fee 0
Inactivity Fee $10
Cost Per Trade 0
Cost Per Month 0
Forex (EUR/USD) 0.8 pips
Stocks & ETF 0
CFD (Gold) 7.2 pips
Crypto 0
Options 0
Conversion Fees
Misc. Fees
Overnight Fees

Mobile Trading

3.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

2.1

3.1

See details
Minimum deposit (in UAE) $100
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.9

2.9

See details
Shares 0
ETF & Funds 0
Crypto 0
Commodities 0
Indices 0
Options 0
Futures 0
Bonds 0
Forex 60
CFD Indices & Funds 430
CFD Stocks 1000
CFD Commodities 22
CFD Crypto 0
CFD Bonds 0
Binary Options 0
SWAPS 0
Saving Plans 0

Regulation

3.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.0

2.1

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.0

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Alvexo vs. Plus500 Comparison Conclusion

The results of our contrast of Alvexo vs. Plus500 are wrapped up in the table listed below.

Broker:Best For:
AlvexoForex and CFD trading
Plus500CFD trading and investing

Choosing the ideal option between Alvexo and Plus500 can be hard. Both on the internet brokers have resemblances yet differ regarding trading tools, systems & apps, policy, down payment & withdrawals, and study and education. Picking the very best broker depends upon customers’ trading & investment goals, individual choices, and experience level.

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.

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