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

ThinkMarkets is a global broker headquartered in Australia that offers real stocks and ETFs along with CFDs on stocks, etfs, commodities, indices and cryptocurrencies accompanied by their proprietary platform: ThinkTrader.

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.

• Passive investors looking to buy, hold or transfer real shares or ETFs from ASX
• Active traders looking to exploit their low spreads on CFDs
• MetaTrader 4 & 5 traders looking for a convenient offering

• At the moment, no user category is best served by Alvexo

• FCA (UK)
• ASIC (Australia)
• FSAS (Seychelles)
• FSCA (South Africa)

• CySec (Cyprus)
• FSAS (Seychelles)

• Possibility to invest in real stocks and ETFs or trade CFDs
• Proprietary platform ThinkTrader is smooth and user friendly
• Spreads are very competitive when compared to similar competitors

• Very simple and easy to use proprietary platform along with MT4
• Trading Singals offered (untested)

• Real stocks or ETFs are only from ASX (Australian Securities Exchange)
• Expensive stock trading commissions ($8 flat fee for ASX shares or ETFs)
• While their stock and ETFs offering is great, they lack variety in all other asset classes

• 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 fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

• 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.

• Visa
• Mastercard
• Neteller
• Skrill
• Bank Transfer
• Bitcoin (BTC)
• Ethereum (ETH)
• Tether (USDT)

• Credit Card
• Debit Card
• Bank Transfer
• Neteller

US, CA, SY, IR.

US, CA, SY, IR.

$10 monthly after 3 months of inactivity.

• For Standard account there are no commissions
• For Zero account there is a commission of $3.5 per lot round turn

For real stocks and ETFs investing, there is a flat fee of $8 per trade (in-and-out) or if the trade value is above $200,000 then a 0.05% fee per trade.