Home page -> Comparison -> Alvexo vs RoboForex | Broker Comparison

Title Alvexo vs RoboForex | Broker Comparison

Rating
We do not Recommend Alvexo. Please choose another broker. Read Full Review
roboforex broker platform review
Rating
Take Me To Broker Read Full Review

Basic Information

Year Founded

First broker:

2014

Second broker:

Headquarters Location

First broker:

Cyprus + EU/UK offices

Second broker:

Publicly Traded (Entity or Parent)

First broker:

YES

Second broker:

Regulated?

First broker:

YES

Second broker:

Primary Regulator

First broker:

CySEC

Second broker:

Minimum Deposit

First broker:

$500

Second broker:

Fixed Spreads?

First broker:

NO

Second broker:

Trading Type

First broker:

ECN, STP

Second broker:

Commissions on Trades

First broker:

YES

Second broker:

CFD Loss Rate

First broker:

79% loss rate on CFDs

Second broker:

Maximum Leverage

First broker:

1:30

Second broker:

Currency Pairs Offered

First broker:

54

Second broker:

General Average Rating - 3 scale

First broker:

2,06

Second broker:

Background

Value

Score

Value

Score

Year Founded

First broker:

2014

2,0

Second broker:

Headquarters location + Offices

First broker:

Cyprus + EU/UK offices

2,0

Second broker:

Publicly traded?

First broker:

No

1,5

Second broker:

Size Measure

First broker:

Private - New - One arena

1,5

Second broker:

Summary Score

First broker:

1,75

Second broker:

Regulatory Compliance

Value

Score

Value

Score

Regulated or unregulated?

First broker:

YES

3,0

Second broker:

Primary regulator

First broker:

CySEC

2,0

Second broker:

Multiple compliance

First broker:

EU MiFID II only

2,0

Second broker:

Safety of Deposits

First broker:

Safe if EU, segegated accts

2,0

Second broker:

Summary Score

First broker:

2,25

Second broker:

Fees & Charges

Value

Score

Value

Score

Commissions, Fees & Charges

First broker:

Generally low fees/spreads

2,0

Second broker:

General

First broker:

Spreads vary by acct type

2,0

Second broker:

Spreads

First broker:

Vary but average or above

1,5

Second broker:

Summary Score

First broker:

1,83

Second broker:

Investment Products

Value

Score

Value

Score

Stocks - Breadth

First broker:

400+ shares

1,5

Second broker:

Forex - Breadth

First broker:

Average

2,5

Second broker:

Other: Comm, Crypto, Spread, CFD?

First broker:

No Crypto, No SB, CFDs

1,5

Second broker:

Summary Score

First broker:

1,83

Second broker:

Platform experience

Value

Score

Value

Score

MT4 or equivalant

First broker:

MT4

3,0

Second broker:

Proprietary options

First broker:

Alvexo Web Trader

2,5

Second broker:

Special Advanced?

First broker:

STP ECN array

2,5

Second broker:

Summary Score

First broker:

2,67

Second broker:

Special Features

Value

Score

Value

Score

Feature A

First broker:

STP ECN connected

2,5

Second broker:

Feature B

First broker:

Trading Signals 88% accurate

2,0

Second broker:

Feature C

First broker:

No guaranteed stops

1,0

Second broker:

Summary Score

First broker:

1,83

Second broker:

Research Tools/Guidance

Value

Score

Value

Score

Financial Commentary

First broker:

Daily commentary, news

2,5

Second broker:

Technical Anlaysis

First broker:

In-house economists

2,5

Second broker:

Other Guidance

First broker:

Senior Exec support

2,0

Second broker:

Summary Score

First broker:

2,33

Second broker:

Education Support

Value

Score

Value

Score

Basic Library

First broker:

Average

2,0

Second broker:

Webinars/Support

First broker:

Videos, manuals

2,0

Second broker:

General

First broker:

79% loss rate on CFDs

1,5

Second broker:

Summary Score

First broker:

1,83

Second broker:

Customer Support

Value

Score

Value

Score

Live Chat, Web, Tele, Offices

First broker:

YES

3,0

Second broker:

Responsiveness

First broker:

24/7 - Good customer ratings

2,5

Second broker:

FAQs? Quality?

First broker:

Extensive

2,5

Second broker:

Summary Score

First broker:

2,67

Second broker:

General Pros & Cons

Value

Score

Value

Score

Pro #1

First broker:

STP ECN Broker

2,5

Second broker:

Pro #2

First broker:

Fee spreads vary above avg

1,5

Second broker:

Pro #3

First broker:

Good trading signals

2,0

Second broker:

Con #1

First broker:

Limited scope - EU

1,5

Second broker:

Con #2

First broker:

No social trading

1,0

Second broker:

Con #3

First broker:

No guaranteed stops

1,0

Second broker:

Summary Score

First broker:

1,58

Second broker:

General Average Rating - 3 scale

General Average Rating - 3 scale

First broker:

2,06

Second broker:

Broker links

First broker: We do not Recommend Alvexo. Please choose another broker. Read Full Review
Second broker: Take Me To Broker Read Full Review

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