Alvexo Vs. FxPro - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 77.88% of retail CFD accounts lose money.	Visit 74.46% of retail CFD accounts lose money.
Overview
Alvexo is a Cypriot broker founded and regulated in 2014 that specialises in CFDs trading via MT4 and their proprietary trading platform. As of August 3rd 2022, Alvexo's CySec license is partially suspended making them unavailable in French territory.	FxPro is a regulated global brokerage firm offering a vast array of tradable instruments including CFDs on FX, Stocks, Crypto, Commodities, Indices, Energies and Futures.
Best For
At the moment, no user category is best served by Alvexo	Experienced traders looking for platform and accounts variety FX Traders looking for deep liquidity and fast execution under 14 ms
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 3 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FSAS (Seychelles)	CySec (Cyprus) ASIC (Australia) SCB (Bahamas) FSCA (South Africa)
The Good
Very simple and easy to use proprietary platform along with MT4 Trading Singals offered (untested)	Moderate asset offering (around 2,500+ instruments) Great plafform variety (FxPro Edge CFD, MetaTrader 4 & 5, cTrader)
The Bad
High minimum deposit without any benefits for the requirement Amongst the highest spreads we have seen for brokers in the same category Asset offering is low (below 500 instruments)	No real stocks or ETFs Proprietary platform is not user friendly
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2014	2006
💳 Minimum Deposit Range
500	$100
💰 Payment Methods
Credit Card Debit Card Bank Transfer Neteller	Visa Mastercard Bank Transfer Neteller Skrill Paypal
💵 Account Base Currencies
3 - EUR, USD, GBP	8 - EUR, GBP, USD, CHF, PLN, AUD, JPY, ZAR.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, CA, IR.
📊 STP Account
No	No
📊 DMA Account
No	Yes
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
443	2,261
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
337	2,100
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
54	70
📗 Commodities
0	0
📗 Commodities CFDs
13	11
📕 Indices
0	0
📕 Indices CFDs
15	29
📔 ETFs
0	0
📔 ETFs CFDs
0	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
22	30
📒 Bonds
0	0
📒 Bonds CFDs
2	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	21
Trading Experience
📈 Minimum Stock Trade Size
1 Share	$1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
1 Bond	Unavailable
📈 Minimum Futures Trade Size
Unavailable	$1,000 (0.01 Lots)
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
300	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
No	Yes
📺 cTrader
No	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
$10 monthly after 3 months of inactivity.	$15 after 12 months of inactivity plus $5 monthly thereafter.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	No commissions on MT4 & 5 ($45 per $1million USD traded on cTrader.
Spreads
📈 EUR/USD
From 2.9 Pips to 14 Pips	Dynamic - From 1.2 Pips
📉 SP500
From 175 Pips to 100 Pips	Dynamic - From 60 Pips
📈 GOLD
From 90 to 50 Pips	Dynamic - From 24 Pips
📉 TSLA (Stock CFD)
From $1.91 to $1.41	Dynamic - From $2.82
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
From $192.21	Dynamic - From $88
Research and Analysis
⭐ Watchlists
Yes	No
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
Yes	No
📡 Account Management
Yes	Yes
📡 Webinars
Yes	No