Alvexo Review
Alvexo is a broker brand name of VPR Safe Financial Group Limited established in 2013. Currently, the broker holds licenses from CySEC (Cyprus) and FSA (Seychelles).
Alvexo offers CFD instruments on Forex, Commodities, Indices, and Cryptocurrencies. Prime and Elite accounts holders also have access to Stocks and Bonds. Trading is done via popular MetaTrader 4 platform, Alvexo's proprietary web trader and a mobile app.
Additional features of this broker include a signal service, market news, educational content, trading blog, etc.
Please read Alvexo Reviews below and share live trading experiences with this broker.
Broker Details
Minimum Trade Size: | 0.01 |
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Maximum Leverage: | 300:1 |
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Minimum to Open Live: | $500 |
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Established: | 2014 |
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Address: | 1 Agias Fylaxeos St, 3025 Limassol, Cyprus |
Contact: | info@alvexo.com, +35725023932 |
Regional offices: | |
Regulators: | CySEC #236/14, FSA-S #SD030 |
Prohibited countries: |
Trading platforms: | MT4 |
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Web Trading: | ✅ Yes |
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Mobile Trading: | ✅ Yes |
ECN: | ✅ Yes |
Currencies: | (55+) |
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Cryptocurrencies: | (15+) Bitcoin, Litecoin, Ethereum |
CFD: | (375+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities |
Trading Conditions |
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EAs/Robots: | ✅ Yes |
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News Spike Trading: | ✅ Yes |
Deposit Methods: | Bank Wire (Bank Transfer), VISA, MasterCard, Skrill |
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Withdrawal Methods: | Bank Wire (Bank Transfer), VISA, MasterCard, Skrill |
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Alvexo.com (.eu) profile provided by david.al, Oct 17, 2017
Alvexo is a regulated global Investments brokerage. We specialize in global financial markets – offering the best possible trading environment. This includes advanced tools and the best customer support, so that our clients can invest in currency and CFD trading with the assurance and success of a market leader.
Founded by a team of market veterans & hi-tech professionals, we aim to provide the best prospects of success by offering comprehensive investment and trading services.
Alvexo is owned and operated by VPR Safe Financial Group Limited a limited liability company, recognized as a Cyprus Investment Firm (CIF), as defined by the Investment Services and Activities and Regulated Markets Law, 2007 and its amendments. The company is legally registered in accordance with the provisions of Cap. 113 under Reg. No. HE 322134 and licensed to provide investment and ancillary services, and/or to perform such investments as specified in its license, subject to the conditions stipulated by its authorizing agency, the Cyprus Securities & Exchange Commission (CySEC). Trade with Alvexo and enjoy the assurance of a regulated Forex Market Leader, committed to transparent pricing and cutting-edge execution.
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Traders Reviews

BIG scam Fraud
Unprofessional team
Misleading/ manibulating information
If you are dealing with Mohamad Wattad you are at high risk to lose all your money !!!
They started by convensing you to open an account to try trading
They give false information to feel that you are making profit to increase your capital
Once you reached your maximum, showing them you will not deposit more money , They will show you that you lost all your money !!!
At the beginning they claimed that you will trade only using 20% from your money but suddenly they will inform you that you lost it all!!!
Quite a decent broker.
deliberated offer
Flexible leveraging.
The rest of the conditions are more than affordable. The spread lowers with a higher amount of the initial deposit, as well as the choice of instruments widens. For example, my Prime account gives me an opportunity to trade single shares and bonds (CFDs). I also have free access to Alvexo Plus - a great solution for sophisticated market analysis and source of data. Platform choice is quite standard: MT4, WebTrader and Mobile app. My first withdrawal was processed rather quickly, so I have nothing to complain about so far.

Scam and Fake
Everything in this company is fake, starting from their marketing team, poor trained bad in communication with the clients and market makers, trying their best to let you lose your money, adding on that that they give you wrong signals.
so all in all i didn't depend on them as I am professional traders since 2015 with many brokers , but this is the worst experience i had with Alvexo
They Suspend my account with immediate action! until now I don't understand why and what was the reason. trying to emailing them, no response, keeping on ignoring me and they are holding my profits which is 36 411$... all what I received from their compliance dept. the below :
Compliance HSN <compliance.hn@alvexo.com>
Oct 26, 2020, 5:52 PM
to Alain.Baradhi
Dear Mr. Alain Baradhi,
RE: trading account number 8687862
Due to the following breach of the Company’s Terms and Conditions during your trading activities :
Paragraph 11. Prohibited Actions
11.2. Should the Client engage in any trading strategies with the objective of exploiting such misquotation(s) or act in bad faith (commonly known as ‘sniping’), or should the Company determine, their sole discretion, and in good faith, that the Client or any representative of theirs
trading on their behalf is taking advantage, benefitting, attempting to take advantage or to benefit of such misquotation(s) or that the Client is committing any other improper or abusive trading act, including without limitation the following
just to let you know this, I will not take it a good act from your side
first if you had Good Faith you could say we will be glad to do the remittance for the Profit balance in your account
and then will discuss a closure
but sure, you won't have the good faith as you are only frauders
So traders I hope the above is clear enough for you to be aware.
+ the below link for Cysec for who had face issues with them and need to raise a complaints...
https://www.cysec.gov.cy/en-GB/complaints/how-to-complain/ref/
Cheers,
Alain
professionals and honest
Initially, the company appoints one of its consultants, training the client on how to divide capital and manage risk
And he started all the equations in order to build the client well, I learned most of the important things in trading, I am a client of the company a year ago,
The withdrawal is fast and the service is excellent, and it is stronger than any other broker I entered in for years,, I made good profit
Special thanks to Mr. Mohamed Watad who trained me completely and keep following me all the time.

Thank you for your great review!
We are happy that you have chosen Alvexo as your financial broker.
We work very hard to offer the best possible service and assistance to our clients.
With Sincere Regards,
Alvexo Team

THE BEST FOREX COMPANY

Thank you for taking the time to write a review about Alvexo.
Kindly note that we highly value Client feedback and we continuously want to act in the Clients’ best interest, thus, we are very pleased that you had a positive experience with Alvexo.
Best regards,
Compliance Department
HSN Capital Group Ltd

Alvexo cancelled my account for accusing me of using Expert Advisor
Pursuant to the Company's monitoring procedures and examination of your trading account, we have reasonable grounds to believe that you have been abusing the Company's Terms & Conditions since your trading activity pattern indicates that your trading was performed with the assistance of an expert advisor.
Further to the above, in accordance with Sections 15.2 and 26.4 of the Terms & Conditions, the Company shall terminate the business relationship with immediate effect.
In this respect, kindly note that all open positions will be closed (if any) and no additional profits will be released to you, whilst as a gesture of goodwill, the Company shall not recall any profits already withdrawn from your trading account.
Finally, we would like to notify you that the Company shall not accept the opening of any new trading accounts nor the referral of any new Clients.
We apologise for any inconvenience caused.
Best regards,
Compliance Department
HSN Capital Group Ltd

Thank you for taking the time to write a review about Alvexo.
Please note that, as already explained to you in detail, your account was suspended further to reasonable suspicions that you have been using an Expert Advisor which is in violation of the Company’s Terms and Conditions.
It should be highlighted that, despite the above, the Company has released to you a substantial amount of the profits earned from your trading activity, whereas the Company could have denied the release of such funds. Therefore, the Company has acted on your best interests.
Best regards,
Compliance Team

Huge big SCam
I have wrote a review earlier in 2019 and that was my start with alvexo
Its scaaaaaam
Do not trust them
And the app and signals and everything is scam
As I promised i will try them and confirm later what is the result
I lost all my money and everytime I win something they wont let me withdraw the money
Perfect scam
Sep 18, 2019 - 5 Stars I'm trading currencies and commodities with ALVEXO for almost 6 months
started with a continuous full training, explanation and support with Mr Mohamed Watad (proudly my account manager)
I started with around $ 2000 to trade currencies Which gave me good small results along with the training to trade independently with confidence. Small profits were expected due to the type of the account and equity level
Then to be able to trade commodities I have increased the account capacity gradually to $ 9200
And my account reached $ 12,140 with all the ups and downs
Nothing is perfect in life, please expect the ups and downs while trading. Since it is not only based on analysis and signals but also on news and unexpected occasions worldwide
It is simple to trade when the application is simple, fast, easy, continuous support from your account manager and patience but there are risks as well .
There are really good profit opportunities trusting the trend of the chart, analysis and experience of the account manager and yours
honestly I do expect more profits soon and the experience is really positive with alvexo
I didnt face any issues with withdrawals, it is done within 5 working days which is okay
Learning is happening and I can improve my skills with the guidance of Mr Watad
I almost fell into a trap of losing my account with a wrong trade but the strategy followed with my account manager resulted in a successful close of the trade and things are improving alot
Trades with alvexo are real and not a fake one, please have a realistic profit target with a realistic account type and good capacity that will enable a successful long term trading.
Keep an eye on the analysis and signals
Please note that I will be sharing another review of the results by the end of the year
I wish you all safe and successful trading
Many thanks to alvexo team and account manager
Noor Bader

Thank you for taking the time to write a review about Alvexo.
In regards to your comments, we are very sorry to hear that you have had a bad experience with Alvexo. We would like to highlight that Client satisfaction is of great importance and all feedback obtained from clients is taken into consideration in order to improve the services provided.
To this extend, please send us an email at compliance@alvexo.com with your registered email address or account number, in order to be able to investigate the matter further.
Best Regards,
Compliance Team

Poor marketing
So, what I would say is this, stay away from those brokers which keep calling you day and night that's unprofessional, I have been using IC Market for four years they have never called me unless I wanted to and contact them before.
Usually, cheap products needs to be marketed too much like this broker

We thank you for having brought to our intention your concerns and for taking the time to write a review about Alvexo. We regret to hear that you have had a bad experience with our Company, whilst your comments have been duly taken into consideration. Despite this, we wish to inform you that our Senior Account Executives receive extensive and ongoing training in order provide to our clients the quality of analytical services we offer in a professional manner.
Best Regards,
Compliance Team