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Alvexo.com Review: Genuine or Fraudulent Trading Platform
Is Alvexo.com to be trusted? Or is Alvexo.com unreliable? Because we are concerned about the financial safety of our readers, we did an extensive research and made a review on Alvexo. Please read our review before you decide if you should throw your time, expectation, and money into this trading platform.
What Is Alvexo.com?
Alvexo is a trading platform which claims to be “a Real Broker for Real Traders”. They are owned and operated by VPR Safe Financial Group Limited. Alvexo.com trades CFDs on over 450 assets ranging from forex, stocks, commodities, indices, and cryptocurrency.
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Alvexo is located on www.alvexo.com. They accept payments made through Mastercard, Maestro, VISA, Skrill, and Neteller. Alvexo claims to have, at the moment, 650,000 registered traders. Their contact information, as written on their website, is:
Address: HIS Building, Office 5, Providence Mahe, Seychelles
Phone: +24825030482
How Does Alvexo.com Work?
Alvexo claims to combine a two-pronged approach that is at the forefront of technological and platform innovation to deliver what traders need most – long term trading satisfaction. They have different trading packages: MetaTrader 4, WebTrader, and Trading Apps for android and iOS devices. The supposed assurance and profitability of trading with alvexo would be attractive to any trader. But is alvexo.com to be trusted?
Alvexo.com uses a very neat and well-designed website layout, with a good and believable user interface, giving it a convincing feel. Alvexo has different trading account types for different income earners, the least starting at €500.
What We Found about Alvexo.com!
Alvexo claims to be a legally regulated and registered company and this was confirmed. However, we are aware that getting a verified company registration credential is not a guarantee of authenticity. Their platform is supervised and regulated by:
- The Cyprus Securities and Exchange Commission (CYSEC)
- HSN Capital Group Limited
The other things we found out about Alvexo which made us suspect Alvexo.com should be a reliable trading platform are:
- Alvexo has good certifications.
- The site is secure with SSL encryption and strong DDoS protection.
- We found nothing about them being a fraudulent platform.
- Alvexo.com has been running for a long time, therefore has promise of reliability.
Verdict!
Alvexo.com, despite seeming reliable, should as well be approached with caution. As there is always a risk factor in any trading, and also a possibility of loss. Never forget to invest with money you can afford to lose.
There are many untrustworthy trading websites on the internet promising get rich quick options. Most people attracted by these “too good to be true” ROIs from these sites have invested their money expecting profit but lost everything in the end. You do not have to become one of them to learn from their experience. It is unfair to fall victim to fraud and lose the money you earned from honest work. Fact checking should be a priority before you throw in money into any online trading scheme.