This parallel comparison helps users who need assistance choosing between AvaTrade and Alvexo to pick the perfect online broker for their trading and investment needs. It considers the common features of the two brokers shoulder to shoulder to help users compare their service and make an informed decision.
To help users select the optimal broker between AvaTrade and Alvexo to find the best-suited platform, below is a list of broker’s pros and cons, followed by a comparison of their main trading features, including trading platforms & tools, fees, mobile trading, deposit & withdrawal, assets, regulation, and customer support.
AvaTrade vs. Alvexo: Summary
AVATrade is a well trusted global online broker for forex and CFD trading. Their multi-asset trading platform and mobile trading app enable traders to access 1365+ tradable symbols overall, including 1200+ CFD’s, major currency pairs with low forex spreads and premium options.
Beside their proprietary platform AVAtradeGo and MetaTrader, AVAtrade has great selection of copy trading solutions including ZuluTrade, DupliTrade and AVAsocial.
Account opening is fast, deposits and withdrawals are free of charge. The minimum deposit is $100.
Choose AVAtrade if you are a beginner or semi advanced forex trader, looking to trade major forex currency pairs, options or CFDs as stocks, cryptos, indices or commodities with premium services.
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
- Low minimum deposit ($100)
- Fixed forex spreads from 0.9 pips
- Wide range of platforms and third party integrations (MT4, MT5, TradingView)
- Support for various trading styles (algorithmic, automated, copy trading)
- Intuitive mobile app
Cons
- Comparing others relatively few trading instruments are offered; offers Forex, CFDs and Binary Options
Pros
- Access to over 58 forex pairs and 450 CFDs
- Maximum leverage up to 1:300
- Intuitively designed mobile trading app and desktop trading platforms
- MetaTrader 4 integration
- Multiple account types with tiered trading fee discounts
- Islamic swap-free accounts
Cons
- High minimum deposit ($500)
- Trading signals aren’t as accurate as other signal providers
- MetaTrader 5 and Expert Advisors not supported
Key features
- Access to 1250 CFDs and 44 forex options
- Excellent copy trading features
- Advanced mobile trading app (AvaOptions)
- Industry average pricing
- Perfect for casual and advanced traders
- Access to the full meta trader suite
Key features
- Commission-free CFD trading
- Access to trading signals, trading strategies, and daily market analysis
- Cryptocurrency trading
- CySEC and FSA-regulated
- Competitive spreads (0,14 pips EUR/USD)
- Responsive customer support
AvaTrade vs. Alvexo Comparison
Select up to 3 Brokers
AVAtrade
Alvexo
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:400 | 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 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $50 after every 3 months and $100 after every 12 months | 10 EUR after 3 months |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.9 | 1.8 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 3.4 | 5.5 |
| Crypto | 0.35% | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | $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 | 55 | 58 |
| CFD Indices & Funds | 91 | 15 |
| CFD Stocks | 612 | 350 |
| CFD Commodities | 18 | 12 |
| CFD Crypto | 20 | 24 |
| CFD Bonds | 2 | 2 |
| Binary Options | 44 | 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
AvaTrade vs. Alvexo Comparison Conclusion
The results of our comparison of AvaTrade vs. Alvexo are wrapped up in the table below.
| Broker: | Best For: |
| AvaTrade | Forex, CFDs and Options |
| Alvexo | Forex and CFD trading |
Choosing between AvaTrade and Alvexo can be tough. Both online brokers have similarities but vary based on trading instruments, platforms & apps, regulation, deposit & withdrawals, and research and education. Selecting the best broker depends on users’ trading & investment goals, personal preferences, 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.