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Alvexo -

Score

4.64 /10
Average

Alvexo

Cyprus

10-15 years

Regulated in Cyprus

Market Maker (MM)

Suspicious Scope of Business

United Kingdom European Authorized Representative (EEA) Revoked

High potential risk

http://www.alvexo.com

Influence

C

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Comparison

Quantity 4

Exposure

Open Account
Website

Score

Regulatory Index6.02

Business Index8.10

Risk Management Index0.00

Software Index5.42

License Index4.62

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Warning

SG MAS
2019-03-01
Investor Alert List
Alvexo

Broker Information

More

Company Name

VPR Safe Financial Group Limited

Company Abbreviation

Alvexo

Platform registered country and region

Cyprus

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 4
Previous Detection : 2025-06-03
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • United KingdomFCA (license number: 683301) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Survey

Danger

Alvexo

Cyprus

WikiFX Verification

Exposure

4 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Alvexo froze my account and asked for unfreezing fee.

Alvexo has frozen my account for many times and asked for unfreezing fee.

SHIYINIANCHENGNUO℡
2020-07-12 12:25
Scam

Alvexo modified clients’ account number to rip them off.

Alvexo modified clients’ account number to rip them off and then asked for margin.

SHIYINIANCHENGNUO℡
2020-07-23 22:12
Others

There system is freeze

Always this happen there system is not so good always freeze , I am afraid to lose my funds

Hemana
2023-04-05 14:16
Unable to Withdraw

The withdrawal is unavailable. Alvexo modified clients’ account and asked for unfreezing fee. After I did so, the withdrawal was still unavailable. I was asked to withdraw manually.

The withdrawal is unavailable. Alvexo asked for fund with varied excuses, keeping backing out!!

NIBUQUGOUJU，SHIJIEJIUMEIYOUAIMEI！
2020-07-12 20:42
Alvexo · Company summary
AlvexoReview Summary
Founded2015-01-28
Registered Country/RegionCyprus
RegulationRegulated
Market InstrumentsCommodities, Stocks, Cryptocurrencies, Bonds, and Indices
Demo Account/
LeverageUp to 1:400
SpreadFrom 0.1 pips
Trading PlatformAlvexo WebTrader, Mobile App
Min Deposit500 EUR/USD
Customer Support+24825030482
41449746327 (Switzerland)
2484671950 (Seychelles)
815050508506 (Japan)
Twitter, Facebook, Instagram, YouTube, LinkedIn
HIS Building, Office 5, Providence, Mahe, Seychelles.

Alvexo Information

Alvexo is an online trading broker operated by HSN Capital Group Ltd. The platform offers CFD trading on over 450 assets, covering currency pairs, stocks, indices, commodities, cryptocurrencies, and bonds. Its core services include web and mobile trading platforms that support multi-device access. Alvexo is a medium-risk, high-flexibility trading platform suitable for investors seeking diversified assets and high leverage.

Alvexo

Pros and Cons

Pros Cons
RegulatedHigh leverage risk
Multiple trading instrumentsPossible hidden costs (significant differences in spreads across account tiers)
Flexible accounts
Abundant educational resources

Is Alvexo Legit?

Alvexo is a legally operating brokerage firm. It is regulated by CYSEC with license number 236/14. However, its regulatory status with the FCA has been revoked.

CYSEC
FCA
regulated

What Can I Trade on Alvexo?

Tradable Instruments Supported
Commodities✔
Stocks✔
Cryptocurrencies✔
Bonds✔
Indices✔
ETFs❌
Mutual Funds❌

Account Type

Beginners can start with a Classic account and leverage educational resources to gain experience; professional traders prioritizing low latency and tight spreads may consider Prime or Elite accounts.

Account Type ClassicGoldPrimeElite
Minimum Account size€ 500€ 10,000€ 50,000Call us
Spreads from2.9 pips2.2 pips1.8 pips0.1 pips
Leverageup to 100:1up to 200:1up to 300:1up to 400:1
Stop out levelup to 40%up to 35%up to 25%up to 15%
Minimum Deal size0.01 lot0.05 lot0.1 lot0.25 lot
Financial Instruments (CFDs)Currencies, Commodities, IndicesCurrencies, Commodities, IndicesCurrencies, Commodities, Indices, Bonds, StocksCurrencies, Commodities, Indices, Bonds, Europe & US stocks, Cannabis stocks
Alvexo Plus30 days45 days60 daysLifetime
account

Alvexo Fees

Alvexo offers floating spreads that decrease with account tiers. For example, the spread for the Elite account can be as low as 0.1 pips, while the Classic account starts from 2.9 pips.

spreads

Leverage

The Prime account offers a leverage of 1:300, while the Elite account provides a leverage of 1:400.

Trading Platform

The Alvexo WebTrader requires no download and supports multi-device browser access, while the Mobile App supports iOS and Android, offering features such as real-time market quotes and price alerts.

Trading PlatformSupported Available Devices Suitable for
Alvexo WebTrader✔WebAll
Mobile App✔iOS and AndroidAll

Deposit and Withdrawal

Alvexo requires a minimum deposit of €500 (approximately RMB 4,000) and supports credit cards (VISA, Mastercard) as well as bank wire transfers.

For withdrawals, regular withdrawals take 4-7 business days, while bank wire transfers require 14 business days. When making a deposit, investors are required to submit proof of identity, proof of residence (within the past 6 months), and payment credentials (a copy of the bank card).

News

NewsAlvexo Resumes Business As License Suspension Ends

In a noteworthy development, the Cyprus Securities and Exchange Commission (CySEC) has lifted the suspension on Alvexo's operating license, marking a significant turnaround for the broker amid regulatory challenges, and highlighting the regulatory authority's commitment to upholding compliance standards.

WikiFX
2023-10-25 17:00
Alvexo Resumes Business As License Suspension Ends

NewsCySEC Takes Action Against Ayers Alliance, BCS (Cyprus) for Non-Compliance

CySEC, the Cypriot financial market regulator, maintains its war on noncompliance, announcing enforcement action against two more regulated entities on Tuesday, Ayers Alliance Financial Group Limited and BrokerCreditService (Cyprus) Limited.

WikiFX
2022-04-20 11:51
CySEC Takes Action Against Ayers Alliance, BCS (Cyprus) for Non-Compliance

NewsIs Alvexo Broker Best For You?

Alvexo trading site was founded in 2014 under the ownership of VPR Safe Financial Group Ltd. The popular broker, Alvexo, is headquartered in Limassol, Cyprus, but has an office in Mahe, Seychelles. Alvexo website boasts more than 450 tradable assets and over thousands of experienced traders worldwide, including France, the UAE, and Singapore.

WikiFX
2022-01-11 13:53
Is Alvexo Broker Best For You?
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User Reviews

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User comment

6

Comments

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Derekkk
more than one year
Alvexo is so unreliable! I set a buy stop and sell stop order with 0.2 lot size on my $300 account. However, my sell stop was rejected with no money description. The market later went over 200 pips after my sell stop but it later filled in my buy stop during Tokyo session and I lost all my funds.
Alvexo is so unreliable! I set a buy stop and sell stop order with 0.2 lot size on my $300 account. However, my sell stop was rejected with no money description. The market later went over 200 pips after my sell stop but it later filled in my buy stop during Tokyo session and I lost all my funds.
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2023-02-20 10:21
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FAISAL 4259
more than one year
Never ever invest in ALVEXO they are biggest lier they don't support they do commitment of 30% bonus but they don't give u they don't guide u but always asking to bring 1000 dollars....don't invest with them at all they are equal to scammers as registered firm.
Never ever invest in ALVEXO they are biggest lier they don't support they do commitment of 30% bonus but they don't give u they don't guide u but always asking to bring 1000 dollars....don't invest with them at all they are equal to scammers as registered firm.
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2023-01-12 01:18
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