Markets.com vs Alvexo

Markets.com vs Alvexo Comparison Table 2023
Markets.com Review 2023 Alvexo Review 2023
4.4
2
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Markets.com is a respected broker, offering multi-asset trading opportunities through CFDs or spread betting (UK only). Established in 2008, the brand has an impressive 4.3 million registered customers and is overseen by trusted regulators, including the FCA, ASIC and CySEC. 79.1% of retail accounts lose money.

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.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Comment by Reviewer
"We recommend Markets.com for active traders looking for a regulated broker with low fees and fast execution speeds of 82ms. We also think beginners will enjoy the in-house platform with its user-friendly interface, clear navigation and dynamic charts." "Alvexo will appeal to traders looking to speculate on popular financial markets through an easy-to-use web-based platform and mobile app."
Pros
  • Our team rate the easy-to-use platform with its modern design, powerful technical analysis and custom alerts
  • CFD and spread-betting opportunities on multiple asset classes including forex, stocks, ETFs, bonds and indices
  • Trusted broker with oversight from tier-one regulators including the FCA, CySEC and ASIC
  • Excellent educational content including podcasts, webinars and financial market videos
  • No deposit/withdrawal charges, account registration or order admin costs
  • Good customer support with responses in <1 minute during testing
  • Traders can access the MetaTrader 4 and MetaTrader 5 software
  • Low minimum deposit of $100
  • 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
Cons
  • Payment method restrictions in some countries
  • Traders in the US, Canada and Japan not accepted
  • Customer support is not available on the weekend
  • No automated trading capabilities
  • No copy trading software
  • No MetaTrader 4 platform available
  • Not available to clients from the US
  • Some bad customer reviews
  • High minimum deposit¬†
Awards
  • Best Trading Platform 2020 - FXScouts
  • Runner Up - Best FX Broker 2019 - DayTrading.com
  • Best Forex Provider 2017 - UK Forex Awards
  • Best FX Platform 2017 - UK Forex Awards
Instruments
CFDs on Currencies, Shares, Commodities, Indices, Crypto, FTFs and Bonds, Spread Betting (UK Only) CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$100 $500
Trading Platforms
  • Markets.com Web/App Platform
  • MT4
  • MT5
  • Own
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, CySEC, ASIC, FSCA, FSC CySEC
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No Yes
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
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android iOS & Android
Copy Trading
No No
Social Trading
No No
Trade Signals
Trading Insights Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • ZAR
  • SEK
  • NOK
  • DKK
  • PLN
  • CZK
  • AED
  • EUR
Commodities
CFD Trading
Markets.com offers an excellent variety of CFDs covering popular asset classes. Margin rates are competitive and the educational resources compare well to rivals and will appeal to beginners. 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.
Leverage
1:30 1:30
FTSE Spread
2 pips From 2.9 (Standard Account)
GBPUSD Spread
1.3 pips (var) From 2.9 (Standard Account)
Oil Spread
0.05 From 2.9 (Standard Account)
Stocks Spread
4 pips Variable
Forex Trading
Markets.com offers major, minor and exotic currency pairs available to trade as contracts for difference (CFDs) or spread betting (UK customers only). Spreads are competitive starting from 0.6 pips on the EUR/USD. 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.
Forex App

Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times.

GBPUSD Spread
1.3 pips (var) From 2.9 (Standard Account)
EURUSD Spread
0.70 pips (var) From 2.9 (Standard Account)
EURGBP Spread
1.0 pip (var) From 2.9 (Standard Account)
Assets
67 50+
Cryptocurrency
Open long or short positions 24/7 on 25+ popular digital currencies including Ripple, Bitcoin, Neo and Monera. We rate the feature-rich platform for analyzing crypto markets. Leverage is capped at 1:2 for EU traders. Crypto trading not offered
Spread
BTC 88.94 (USD), ETH 5 (USD)
Coins
  • BTC
  • BCH
  • DASH
  • ETH
  • LTC
  • XRP
  • TRON
  • BAT
  • NEO
  • ADA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Markets.com
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