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


Visit 71% of retail CFD accounts lose money.	Visit 77.88% of retail CFD accounts lose money.
Overview
AvaTrade is a top-tier multinational broker with more than 7 financial regulators specialising in FX and options trading with their own proprietary platforms.	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.
Best For
New traders looking for a more advanced forex and options platform Experienced traders looking to take advantage of their fixed spreads Experienced traders looking to trade FX options	At the moment, no user category is best served by Alvexo
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 6 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) FFAJ (Japan) CBI (Ireland) IIROC (Canada) CySec (Cyprus) FSCA (South Africa) ADGM (United Arab Emirates) ISA (Israel)	CySec (Cyprus) FSAS (Seychelles)
The Good
AvaProtect feature for negative trades payback Great variety of platforms (proprietary ones, MT4 & MT5) Smooth platform experiences and easy account management Custom Options trading platform	Very simple and easy to use proprietary platform along with MT4 Trading Singals offered (untested)
The Bad
Lack of variety in stocks, ETFs and bonds Expensive inactivity fees No multi-chart tools High trade minimums in all assets except forex	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)
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
2006	2014
💳 Minimum Deposit Range
$100	500
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal	Credit Card Debit Card Bank Transfer Neteller
💵 Account Base Currencies
4 - USD, GBP, EUR, CHF.	3 - EUR, USD, GBP
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, BE, IR.	US, CA, SY, IR.
📊 STP Account
No	No
📊 DMA Account
No	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
863	443
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
626	337
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
55	54
📗 Commodities
0	0
📗 Commodities CFDs
27	13
📕 Indices
0	0
📕 Indices CFDs
33	15
📔 ETFs
0	0
📔 ETFs CFDs
59	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
17	22
📒 Bonds
0	0
📒 Bonds CFDs
2	2
📓 Options
0	0
📓 Options CFDs
44	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Variable - From 1 to 100 units	1 Share
📉 Minimum ETFs Trade Size
Variable - From 1 to 100 units	Unavailable
📈 Minimum Crypto Trade Size
Variable (eg: BTC 0.01, ETH 0.1)	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Variable (eg: 1 ounce of gold)	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
10 units	1 Bond
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
10,000 FX Option contracts	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	300
✍ 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
Yes	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	No
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
$50 per quarter after 3 months of inactivity.	$10 monthly after 3 months of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	None
Spreads
📈 EUR/USD
Dynamic - From 0.9 Pips	From 2.9 Pips to 14 Pips
📉 SP500
Dynamic - From 50 Pips	From 175 Pips to 100 Pips
📈 GOLD
Dynamic - From 34 Pips	From 90 to 50 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.92	From $1.91 to $1.41
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Dynamic - From $137.31	From $192.21
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
No	Yes
📡 Webinars
No	Yes