Alvexo vs Plus500

Alvexo vs Plus500 Comparison Table 2023
Alvexo Review 2023 Plus500 Review 2023
2
4.1
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Alvexo is a CySEC-regulated forex and CFD broker. Clients can trade currencies, commodities, indices and more with up to 1:30 leverage. The user-friendly web platform and mobile app offer intuitive charting and analysis tools, while the choice of account types will suit different trading styles and budgets.

Plus500 is a leading global broker with millions of registered traders and multiple awards. The company specializes in CFDs on its intuitive, proprietary platform and app. The broker holds multiple licenses from reputable regulators, including in the UK, Europe and Australia.

82% of retail CFD accounts lose money.
Comment by Reviewer
"Alvexo will appeal to traders looking to speculate on popular financial markets through an easy-to-use web-based platform and mobile app." "Plus500 is a great option for CFD traders seeking a trustworthy broker with extensive market access, low fees and a reliable trading platform."
Pros
  • Tiered account options for beginners through to experienced traders
  • Broad range of assets and markets including forex and stocks
  • ECN pricing with tight spreads on premium accounts
  • CySEC oversight improves the broker's trust rating
  • Intuitive web platform
  • No commissions and tight spreads on over 2,800 instruments across forex, shares, indices, commodities, options and ETFs
  • Premium service for professional traders with added benefits including external webinars, expert analysis and a dedicated client manager
  • ESG investing opportunities through a range of equities and indices, including the Global Warming Reduction Index
  • Unique +Insights feature offering real-time trading analysis to uncover trends and market sentiment
  • Excellent reputation with 24 million clients worldwide and licensed in multiple jurisdictions
  • Reliable 24/7 customer support via email, telephone, live chat and WhatsApp
  • Excellent risk management tools including guaranteed stop loss orders
  • Authorized by tier-one regulators including the FCA
Cons
  • No MetaTrader 4 platform available
  • Not available to clients from the US
  • Some bad customer reviews
  • High minimum deposit¬†
  • No MetaTrader 4 integration
  • $10 monthly inactivity fee
  • No copy trading
Awards
  • Best Overall Broker 2021 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Overall Broker 2019 - DayTrading.com
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options
Demo Account
Yes Yes
Minimum Deposit
$500 $100
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
0.01 Lots Variable
Regulator
CySEC FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA
Margin Trading
Yes Yes
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS, Android and Windows
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
$10
Islamic Account
Yes No
Account Currencies
  • EUR
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • CZK
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs on popular asset classes, including stocks, indices and commodities. You can go long or short on key financial assets with leverage in line with regulatory requirements. Commission-free CFDs span an excellent range of markets. Traders can go long or short on popular assets with variable leverage and competitive spreads.
Leverage
1:30 1:30
FTSE Spread
From 2.9 (Standard Account) 1.8
GBPUSD Spread
From 2.9 (Standard Account) 1.1
Oil Spread
From 2.9 (Standard Account) 0.04
Stocks Spread
Variable 0.08
Forex Trading
Trade dozens of forex pairs on the broker's in-house trading platform and mobile app. There is access to majors, minors and exotics with different pricing depending on your account type. Plus500 offers forex trading via CFDs with tight, variable spreads and an impressive range of over 70 currency pairs.
Forex App

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure, reliable and uncomplicated, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

GBPUSD Spread
From 2.9 (Standard Account) 1.1
EURUSD Spread
From 2.9 (Standard Account) 0.6
EURGBP Spread
From 2.9 (Standard Account) 1.4
Assets
50+ 70+
82% of retail CFD accounts lose money.
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