Alvexo Review 2026
Regulated broker with real licence numbers.
Alvexo is a regulated CFD broker founded in 2014. It holds a CySEC licence under number 236/14.
The basics
Alvexo was founded in 2014 and is headquartered in Limassol, Cyprus. It is privately owned. The broker offers CFDs on 450 instruments across forex, indices, commodities, and crypto. All positions are contracts for difference — there is no real asset ownership.
MetaTrader is available on all account types. Copy trading is not offered.
| Founded | 2014 |
| Headquarters | Limassol, Cyprus |
| Instruments | 450+ |
| Platforms | MT4, MT5 |
| MetaTrader | Yes — MT4 and MT5 |
| Copy trading | No |
| Real stocks | No — CFDs only |
Is Alvexo safe?
CySEC-regulated brokers must keep client funds segregated, provide negative balance protection under ESMA rules, and contribute to the Investor Compensation Fund (ICF), which covers up to €20,000 per client.
| Regulator | Licence | Entity |
|---|---|---|
| CySEC | 236/14 ✓ | VPR Safe Financial Group Ltd |
You can verify the CySEC licence at www.cysec.gov.cy. The registration shows the entity name, authorisation status, and full permissions list. It takes under a minute.
Alvexo spreads
These are the typical spreads on Alvexo's standard account. Spreads vary by market conditions and account type. ECN or raw-spread accounts offer lower spreads in exchange for a per-trade commission.
| EUR/USD | 1.3 pips pips |
| GBP/USD | 1.6 pips pips |
| USD/JPY | 1.4 pips pips |
| Gold (XAU/USD) | 28c/oz |
| S&P 500 | 0.5pt |
Alvexo's EUR/USD spread of 1.3 pips pips is wider than ECN-first brokers but typical for a commission-free account.
Alvexo withdrawal fee and processing time
Fee: None. Alvexo does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Withdrawal requests must pass identity verification before processing. If your account is not yet fully verified (proof of identity and address submitted), expect additional delays. Verified accounts follow the standard processing times above.
Alvexo minimum deposit by entity
The minimum deposit depends on which Alvexo entity serves your country. Offshore entities often allow lower minimums but with less regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| VPR Safe Financial Group Ltd | CySEC 236/14 | $500 | 1:30 |
Alvexo vs RCM Capital Markets
| Alvexo | RCM Capital Markets | |
|---|---|---|
| Primary regulator | CySEC 236/14 | FCA 517765 |
| Min deposit | $500 | $500 |
| EUR/USD spread | 1.3 pips pips | 1 pips |
| MetaTrader | Yes | Yes |
| Instruments | 450+ | 200+ |
| Copy trading | No | No |
| Withdrawal fee | None | Varies |
Both brokers are regulated and legitimate. Alvexo suits traders who value MetaTrader and algorithmic trading. RCM Capital Markets is better for traders who prioritise tighter spreads.
Regulation — the numbers that matter
| CySEC | 236/14 — VPR Safe Financial Group Ltd |
Leverage for retail clients in the EU and UK is capped at 1:30 on major forex pairs under ESMA rules.
Pros and Cons
What works
- CySEC regulated — VPR Safe Financial Group Ltd
- MetaTrader 4 and 5 available
What does not work
- No copy trading
- No real stock ownership — CFDs only
- Inactivity fee: $10/month after 3 months
- Higher minimum deposit of $500
The verdict
Alvexo is a legitimate, regulated broker. The CySEC licence number 236/14 is verifiable on the public register. It is best suited for traders who want MetaTrader on a regulated platform. Rating: 4.0 out of 5.
Alternatives to Alvexo
If Alvexo does not fit your needs, these regulated alternatives are worth comparing:
Frequently asked questions
Is Alvexo safe?
CySEC-regulated brokers must keep client funds segregated, provide negative balance protection under ESMA rules, and contribute to the Investor Compensation Fund (ICF), which covers up to €20,000 per client. Alvexo holds CySEC licence 236/14, which is publicly verifiable on the official register.
What is the Alvexo minimum deposit?
The minimum deposit is $500. This applies to the main regulated entity. Some offshore entities may differ. See the entity table above for full breakdown.
What is the Alvexo EUR/USD spread?
The EUR/USD spread on Alvexo standard accounts is typically 1.3 pips pips. Spreads vary with market conditions. ECN or raw accounts offer lower spreads with a per-trade commission instead.
How long does Alvexo take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does Alvexo charge withdrawal fees?
None. Alvexo does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does Alvexo have MetaTrader?
Yes. Alvexo supports both MT4 and MT5 on all account types. This allows automated trading, custom indicators, and expert advisors.