Vantage
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74-89% of retail CFD accounts lose money.

Vs.

Alvexo
Visit

77.88% of retail CFD accounts lose money.

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

Updated Sep 18 2023

Visit

74-89% of retail CFD accounts lose money.

Visit

77.88% of retail CFD accounts lose money.

Overview

Vantage is a global broker operating since 2009. Initially based in Australia, Vantage is offering trading in forex, stocks, indices, commodities and cryptocurrencies.

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
  • Traders looking to hedge their FX positions (low fees)
  • Social traders looking to connect to popular copying services
  • Traders preferring mobile apps
  • At the moment, no user category is best served by Alvexo
Licenses

Financial
Licenses

Regulation

Unregulated

Top-tier Licenses

1

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)
  • VFSC - (Vanuatu)
  • CIMA (Cayman Islands)
  • CySec (Cyprus)
  • FSAS (Seychelles)
The Good
  • Low deposit requirements
  • Low non-trading fees
  • Good educational material, news feed and market analysis
  • Great mobile platform
  • Very simple and easy to use proprietary platform along with MT4
  • Trading Singals offered (untested)
The Bad
  • High stock CFD fees
  • Not all instruments are available on every trading platform
  • Doesn’t offer ETFs
  • 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
Inactive 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
2009 2014
💳 Minimum Deposit Range
$200 500
💰 Payment Methods
  • Bank Transfer
  • Debit / Credit Card
  • Cryptocurrency
  • Bitwallet
  • FasaPay
  • Neteller
  • Skrill
  • Union Pay
  • Credit Card
  • Debit Card
  • Bank Transfer
  • Neteller
💵 Account Base Currencies
9 - USD, EUR, GBP, AUD, CAD, HKD, NZD, JPY, SGD. 3 - EUR, USD, GBP
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

AF, AL, AS, AU, BY, BM, BA, BG, BI, CA, CF, CN, HR, CU, ER, GR, GU, IR, IQ, CI, JP, LB, LR, LY, ML, ME, MM, KR, PR, GN, GW, RO, SL, RS, SG, SI, SO, SD, ES, SD, SY, VE, YE.

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
289 443
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
210 337
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
40 54
📗 Commodities
0 0
📗 Commodities CFDs
20 13
📕 Indices
0 0
📕 Indices CFDs
13 15
📔 ETFs
0 0
📔 ETFs CFDs
0 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
6 22
📒 Bonds
0 0
📒 Bonds CFDs
0 2
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share 1 Share
📉 Minimum ETFs Trade Size
Unavailable Unavailable
📈 Minimum Crypto Trade Size
Unavailable $1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per commodity (eg: 1 ounce for gold) $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable 1 Bond
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 300
✍ Customisable Leverage
Yes 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
Yes No
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
None

$10 monthly after 3 months of inactivity.

💰 Deposit Fees

No for all methods, except the bank transfer. First one is free, subsequent in the same month are charged $20 or equivalent depending on the account currency.

None
💰 Withdrawal Fees
None None
💰 Commissions

Yes for ECN accounts -from $6 per lot per round turn.

None
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips From 2.9 Pips to 14 Pips
📉 SP500
Dynamic - From 30 Pips From 175 Pips to 100 Pips
📈 GOLD
Dynamic - From 36 Pips From 90 to 50 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread From $1.91 to $1.41
📈 XLK (ETF - CFD)
Unavailable Unavailable
📉 BTC
Unavailable From $192.21
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
No Yes
📡 Video Tutorials
No Yes
📡 Account Management
Yes Yes
📡 Webinars
No Yes