The web-based solution is available on any device with an internet browser while the interface is user-friendly and easy to navigate. Alvexo boasts over 450 tradeable instruments and has thousands of clients worldwide, from France to Singapore and the UAE. For a more in-depth look at Alvexo’s offerings, traders can visit the broker’s official website at alvexo.com. Alvexo is an online forex and CFD broker that has been operational since 2014. Owned by VPR Safe Financial Group Ltd., the brokerage is headquartered in Limassol, Cyprus, with an additional office located in Paris, France.
Alvexo Web Trading Platform
Position is opened (the trade is initiated), then closed (the trade is concluded). A position can be long (for an owned security) or short (for a borrowed security). Securities traded not through a centralized exchange but through a dealer or dealer network.
Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free. Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.
- One of the key factors that attest to Alvexo’s credibility is its regulation by the Cyprus Securities and Exchange Commission (CySEC).
- I’ve only been with Alvexo for a few months but so far I’m very happy with them, haven’t had any problems at all.
- Please ensure that you fully understand the risks and take appropriate care to manage the risk.
- The difference between the given interest and the base interest on an adjustable-rate mortgage, or 4.
- However, as with any financial decision, traders should conduct their own due diligence and carefully consider their risk tolerance before investing with any broker.
What is a stop loss order?
For beginners, I recommend high-quality training content on the broker’s website. Alvexo collects its fees from spreads, commissions, and client losses where it acts as a direct counter-party; this broker is a market maker. The best offerings by Alvexo are its daily market news, signals and trading academy, all of which are worth checking out.
This broker provides the following communication channels for its clients:
The Elite account offers all the best features and the lowest spreads from 0.1 pips. Unfortunately, there is no account with zero spreads and low commissions offered by Alvexo. Alexo Plus is available for Elite account users for free without time constraints like for other account types. All in all, Alvexo’s terms are not flexible in accommodating all kinds of traders but can be useful for professional traders with high initial investments. Alvexo is a Forex and CFD broker that is operated by HSN Capital Group LTD. The broker is regulated in Seychelles and offers trading services to international traders.
How can I learn more about day trading?
- A major indicator of U.S. economic health, Core Retail Sales figures are released in the middle of each month for the previous month.
- Economic data (usually macroeconomic) that indicate the health of an economy and its financial market.
- Resistance (and support) lines may indicate future price levels of interest, especially in the case of prices crossing them.
- Alvexo’s mobile trading platform is available for both Android and iOS and comes with several inbuilt features like daily signals, real-time alerts, risk management, a charting suite, etc.
- The broker allows customers to deposit and withdraw funds using VISA, MasterCard credit cards; VISA Electron, Maestro; or wire transfers.
Support is available in several different languages including English, French, Spanish, etc. The website is also multilingual and supports 6 languages in total. In addition to these main account types, Alvexo may offer other account options, such as demo accounts for practice trading and Islamic accounts that are compliant with Sharia law. Alvexo offers a range of account types designed to cater to the diverse needs and preferences of traders.
The foreign exchange market is global, decentralized and not bound by time constraints. A member of the exchange licensed to trade from the floor, or to access the exchange’s electronic trading system on his/her own behalf. The fill price is the execution price of a securities or commodities order, agreed upon by the buyer and the seller, once the transaction has been completed. With over 1,900 instruments traded, the European Exchange, run by the German Bourse, is the largest dealer of European derivatives in the world and one of the most technologically innovative. The basic currency transaction is comprised of two currencies involved in a currency change – one being sold, the other being purchased.
However, some currencies are not a result of this function, but rather are pegged to a certain value by a government that holds large reserves of the currency in question. Technical analysis is a technique that uses past values and volume of an asset to determine patterns for price activity in the future. This is different from fundamental analysis, as the latter tries to find an actual intrinsic value for an asset using inside data like corporate debt, rather than data generated by market activity. Technical analysis includes looking at graphs of prices and other indicators alvexo forex broker and identifying patterns (such as the head and shoulders pattern) to attempt to forecast future price moves. Volatility is an indication of investment risk, denoting uncertainty in an asset’s future price typically expressed in percentage form.
The EUR/USD is listed with a spread of 3.3 pips in the Classic account; this is reduced to 1.4 in its ECN account, but a commission between $13 and $18 applies. Commission charges for equity CFDs range between $0.025 and $0.015 per share, and certain assets are priced as high as $50 per lot. This broker is a market maker and also profits from traders’ losses where it acts as the count-party to the positions taken. Unlike an investor, who usually maintains possession of the instrument for the long-term, traders usually trade assets or derivatives at a faster rate, entailing higher transaction costs. In terms of its trading platforms, Alvexo offers its WebTrader web-based platform, a versatile and fully-functional mobile app, and the ability to use MetaTrader4, which is the industry standard.
They reflect consumer spending, excluding automobile and petrol sales, and assist in calculating price indices, economic activity and GDP. An opposing transaction to an existing position with the intention of closing (liquidating) the initial position. Investor behaviour, or a market, may be described as bullish when values are rising over a defined period of time. A bullish belt hold refers to a candlestick pattern that characteristically forms towards the end of a bearish market, signalling entry into a bullish one. A person (or agency) that arranges and/or negotiates a transaction between the parties to that transaction (buyer – seller), to be distinguished from an agent, who acts on behalf of one of the parties. The practice of buying shares in a company at a price that is lower than the price one paid in the past for the same share – decreasing the average entry price of held shares.
Where is Alvexo based?
The difference between the buy (bid) and sell (ask) prices – the moneychanger’s or broker’s profit. Realized gains and losses can be used in accountancy as an offset tool in calculating taxes owed on income. Unrealized (paper) gains and losses are profits and losses not realized, so long as the assets or derivatives are held and not executed, and used to calculate potential exposure to taxation. Opening a transaction – initiating a transaction – that will later be closed, the relative prices at both points dictating profit or loss on that transaction. In the event that usable margin falls below required margin, the broker’s system will begin to close positions. Financial volatility describes the price fluctuation of a financial instrument from its average price.
Charting Tools
Alvexo’s negative balance protection is a testament to the broker’s commitment to responsible trading practices and client protection. Traders should always use appropriate stop-loss orders, manage their position sizes, and never invest more than they can afford to lose. Alvexo offers five distinct account types, all of which has less-than-ideal trading conditions. The Classic account requires a minimum deposit of €500 and spreads start from 3.3 pips.
Although I have access to MetaTrader 4, I still chose their web platform – it doesn’t require installation and is suitable for quick work from any device. When a question arises, especially during transactions, it’s unacceptable to wait several hours for an answer. You get the impression that they don’t prioritize answers, but respond as they go along, which clearly spoils the overall experience. I hope they reconsider their approach to customer service, because if not, this is a great place to work. Alvexo is a moderate-risk broker with the TU Overall Score of 6.23 out of 10.