BrokAIr Reviews

Alvexo Review

Alvexo has been making waves in the online brokerage world with its unique approach to trading. But is its revolutionary approach too risky for investors?

Did you like this broker?

Alvexo is an online brokerage founded in Cyprus in 2014. It is a brand of VPR Safe Financial Group Ltd, a regulated investment firm with an active license from the Cyprus Securities and Exchange Commission (CySEC). Alvexo offers a range of trading services for its customers, including Forex, CFDs, and cryptocurrencies.

Pros

Cons

Founders:
Alvexo was founded by Yiannis Nicolaides in 2014. Nicolaides has over 15 years of experience in the financial services industry, having started his career with Bank of America Merrill Lynch. He is currently the CEO and Chairman of VPR Safe Financial Group Ltd, the company behind Alvexo.

Public Opinion

The public opinion of Alvexo is generally positive. Customers praise the broker for its customer service and transparency. On the other hand, some users have complained about slow withdrawal times. Overall, Alvexo has a good reputation among its customers.

Recent Newsworthy Events

Alvexo Launches New Trading Platform
In April 2020, Alvexo announced the launch of their new trading platform called Web Trader Pro. The platform is designed to provide an intuitive user experience while offering advanced features such as one-click trading and customizable charts. The company hopes that this new platform will help them become one of the top 5 global players in the online brokerage industry.

Alvexo's CySec Authorization Extended for Third Year
In March 2020, Alvexo announced that its CySEC authorization had been extended for another year. This marks the third consecutive year that the company's authorization has been renewed by CySEC. This is a testament to Alvexo's commitment to complying with all applicable regulations and providing a safe trading environment for its customers.