Alvexo vs. FP Markets Comparison

This contrast guide helps customers who battle to select between Alvexo and FP Markets to find the very best online broker for their trading and financial investment needs. It examines the main features of the two brokers side by side to aid customers contrast their service and make an educated decision.

To assist customers select the appropriate broker between Alvexo and FP Markets to locate the best-suited platform, below is a checklist of broker’s benefits and drawbacks, adhered to by a comparison of their main trading features, including trading platforms & devices, costs, mobile trading, deposit & withdrawal, possessions, policy, and client support.

Alvexo vs. FP Markets: Summary

alvexo-logo

Alvexo is a forex and CFD broker based in the Seychelles. It is licensed by the ​​CySEC and is considered safe. Alvexo offers users access to 58 forex pairs and over 450 CFDs on shares, commodities, indices, and cryptocurrencies. Users can choose between three different platforms: a web based proprietary platforms and app and MT4 integration.

Alvexo trading fees are industry average compared to similar forex and CFD brokers like AvaTrade and Pepperstone. They charge an average spread of 0,14 pips on EUR/USD and no commission on CFD trades. The broker charges an inactivity fees of $10 per month after 3 months of inactivity.

Alvexo’s customer support is available through email (support@alvexo.com), phone (+24825030482), and live chat in Arabic and English.

FP Markets logo

FP Markets is a multi-asset broker regulated by two tier-one regulators (the CySEC and ASIC). It offers access to over 10,000 tradable symbols across a variety of markets including forex, shares, commodities, cryptocurrencies and CFDs. FP Markets charges low spreads from 0.1 pips (EUR/USD) on their cTrade and MetaTrader accounts without any commission. The broker also offers negative balance protection, up to 30:1 leverage and access to a free NY4 VPS server.

The minimum deposit at FT Markets is $100. Their customer service is available 24/7 by phone, email and live chat.

Pros

  • Access to over 58 forex pairs and 450 CFDs
  • Competitive spreads from 0.1 pips EUR/USD (Elite account)
  • Intuitively designed mobile trading app and desktop trading platforms
  • MetaTrader 4 integration

Cons

  • High minimum deposit ($500)
  • Trading signals aren’t as accurate as other signal providers
  • MetaTrader 5 and Expert Advisors not supported

Pros

  • Low minimum deposit ($100)
  • Low spreads from 0,0 pips EUR/USD
  • Compatibility with MT4, MT5 and cTrader
  • Free VPS server
  • Fast account opening

Cons

  • Only CFD and forex trading
  • Demo account is not unlimited

Key features

  • Access to 450 tradable symbols
  • MT4 Compatibility
  • Access to trading signals, trading strategies, and daily market analysis
  • Cryptocurrency trading
  • CySEC and FSA-regulated
  • Competitive spreads from 0.1 pips EUR/USD (Elite account)

Key features

  • Access to 10,000 tradable symbols (CFDs on forex, stocks, ETFs..)
  • Compatibility with MT4, MT5 and cTrader
  • MAM/PAMM accounts availability
  • Islamic account availability
  • Excellent copy trading features (Myfxbook Autotrade)
  • Wide range of advanced trading tools (Autochartist, Traders Toolbox)

Alvexo vs. FP Markets Comparison

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FP Markets logo

FP Markets

Open account Read review

75.31% of retail CFD accounts lose money

BROKER COMPARISON

alvexo-logo
FP Markets logo

Overall rating

3,1/5

4,3/5

Overall rating

3,1/5

4,3/5

Trading Platform & Tools

3.0

4.2

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 400:1 1:500
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

2.5

5.0

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 10 EUR after 3 months 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 1.8 $3 per lot per trade + 0 pips
Stocks & ETF 0 0.13 pips
CFD (Gold) 5.5 0.13 pips
Crypto 0 9.13 pips
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

3.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

2.1

3.1

See details
Minimum deposit (in UAE) $500.00 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.9

3.1

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 58 63
CFD Indices & Funds 15 14
CFD Stocks 350 9000
CFD Commodities 12 10
CFD Crypto 24 4
CFD Bonds 2 2
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

3.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.0

4.3

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.0

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Alvexo vs. FP Markets Comparison Conclusion

The results of our comparison of Alvexo vs. FP Markets are involved the table listed below.

Broker:Best For:
AlvexoForex and CFD trading
FP MarketsForex and CFD trading with low fees

Selecting the ideal selection between Alvexo and FP Markets can be challenging. Both on the internet brokers have similarities however differ concerning trading instruments, systems & applications, regulation, deposit & withdrawals, and research study and education. Choosing the best broker relies on users’ trading & financial investment objectives, specific preferences, and experience level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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