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


Visit Your capital is at risk.	Visit 77.88% of retail CFD accounts lose money.
Overview
Webull is a US-based broker that offers both real and leveraged products including Stocks, Crypto, Options, ETFs, and ADRs with zero commissions and no deposit minimums.	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
Novices who want to enter the world of investing Intermediate and advanced options traders Professional day traders and portfolio managers	At the moment, no user category is best served by Alvexo
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 0 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
HKMA (Hong Kong) FINRA (United States)	CySec (Cyprus) FSAS (Seychelles)
The Good
Trade any asset class from just $5 Easy-to-use investing app Fully extended trading hours	Very simple and easy to use proprietary platform along with MT4 Trading Singals offered (untested)
The Bad
No international clients at the moment No joint accounts	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
2017	2014
💳 Minimum Deposit Range
0	500
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill	Credit Card Debit Card Bank Transfer Neteller
💵 Account Base Currencies
1 - USD.	3 - EUR, USD, GBP
🗽 Available to U.S Citizens
Yes	No
❌ Restricted Countries
European Union, UK, CA, JP, IN, IR, MY, ZA, AU.	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
Equities	CFDs
Total Asset Offering
12,420	443
Exchange Access
5	0
📙 Real Stocks
10,000	0
📙 Stock CFDs
0	337
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
0	54
📗 Commodities
0	0
📗 Commodities CFDs
0	13
📕 Indices
0	0
📕 Indices CFDs
0	15
📔 ETFs
2,400	0
📔 ETFs CFDs
0	0
💸 Cryptocurrencies
20	0
💸 Cryptocurrency CFDs
0	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
$5 trade value	1 Share
📉 Minimum ETFs Trade Size
$5 trade value	Unavailable
📈 Minimum Crypto Trade Size
Varies per cryptocurrency	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
Unavailable	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Unavailable	$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
4	30
💪 Professional Leverage
Unavailable	300
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
No	No
📺 cTrader
No	No
💻 Web trader
No	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
Yes	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
None	$10 monthly after 3 months of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	None
Spreads
📈 EUR/USD
Unavailable	From 2.9 Pips to 14 Pips
📉 SP500
Unavailable	From 175 Pips to 100 Pips
📈 GOLD
Unavailable	From 90 to 50 Pips
📉 TSLA (Stock CFD)
Dynamic - Market spread	From $1.91 to $1.41
📈 XLK (ETF - CFD)
Dynamic - Market spread	Unavailable
📉 BTC
Unavailable	From $192.21
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
No	Yes
📡 Webinars
No	Yes