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


Visit 70.8% of retail CFD accounts lose money.	Visit 77.88% of retail CFD accounts lose money.
Overview
Libertex is a broker headquartered in Cyprus that operates since 1997 and offers trading in over 250 financial instruments.	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
European-based traders who are looking to trade forex and cryptocurrencies Traders who need to monitor their positions through mobile apps Long-term investors in equities	At the moment, no user category is best served by Alvexo
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 1 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
CySec (Cyprus.	CySec (Cyprus) FSAS (Seychelles)
The Good
Clean and user-friendly trading platform Advanced mobile app with news integration for iOS and Android Zero commission stock investing	Very simple and easy to use proprietary platform along with MT4 Trading Singals offered (untested)
The Bad
Doesn't support use of Expert Advisors (EA) Stock CFDs are limited to popular (blue chip) choices Weak regulatory framework	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
1997	2014
💳 Minimum Deposit Range
$100	500
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Paypal Sofort iDeal	Credit Card Debit Card Bank Transfer Neteller
💵 Account Base Currencies
4 - EUR, GBP, PLN, CHF	3 - EUR, USD, GBP
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY.	US, CA, SY, IR.
📊 STP Account
No	No
📊 DMA Account
Yes	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
374	443
Exchange Access
0	0
📙 Real Stocks
100	0
📙 Stock CFDs
100	337
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
52	54
📗 Commodities
0	0
📗 Commodities CFDs
17	13
📕 Indices
0	0
📕 Indices CFDs
18	15
📔 ETFs
0	0
📔 ETFs CFDs
10	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
73	22
📒 Bonds
0	0
📒 Bonds CFDs
0	2
📓 Options
0	0
📓 Options CFDs
4	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$20 minimum trade size	1 Share
📉 Minimum ETFs Trade Size
$20 minimum trade size	Unavailable
📈 Minimum Crypto Trade Size
$20 minimum trade size	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$20 minimum trade size	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$20 minimum trade size	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable	1 Bond
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
$20 minimum trade size	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	300
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	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
Yes	No
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
€10/month after 180 calendar days of inactivity.	$10 monthly after 3 months of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Depending on the service - up to 1%, 2% withdrawal fee on an inactive account.	None
💰 Commissions
None	None
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips	From 2.9 Pips to 14 Pips
📉 SP500
Dynamic - From 83 Pips	From 175 Pips to 100 Pips
📈 GOLD
Dynamic - From 25 Pips	From 90 to 50 Pips
📉 TSLA (Stock CFD)
Dynamic - From $4	From $1.91 to $1.41
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Unavailable
📉 BTC
Dynamic - From $205	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
Yes	Yes
📡 Webinars
No	Yes