Trading212 vs Alvexo, Who's Better?
Read our In-Depth Trading212 vs Alvexo Review - 2024 Update
This comprehensive analysis of Trading212 and Alvexo has been updated for 2024 by industry experts boasting significant financial experience across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Trading212 vs Alvexo does not apply to all countries as follows:
Trading212 Excluded Countries
Canada, United States of America, and Switzerland.
Alvexo Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Trading212 vs Alvexo
Each online trading platforms has a few ups and downs, so a complete analysis of Trading212 vs Alvexo should not be complete without adopting a fair assessment.
Compare Alvexo and Trading212 to understand just how these platforms compare to each other before you create an account. Performing a comparative analysis can put things in perspective in order that you're informed about what to expect.
So you are looking for an online trading platform and are choosing between Trading212 or Alvexo. Who should you choose?
This Trading212 vs Alvexo comparison contains the latest information so you can easily compare Alvexo against Trading212.
If you are a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the area of trading requires expert assessing skills and thorough knowledge. You will get adept at all the concepts of brokerage since you keep trading. For starters, you need to select the right broker who'll be transparent with you always.
In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. Trading212 and Alvexo are two such trading platforms which will take you and your investment into great heights. It is crucial that you compare Trading212 vs Alvexo before you trust them with your money.
Our Trading212 vs Alvexo comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Trading212 and Alvexo side by side.
Our entire Trading212 vs Alvexo Review covers everything you need to learn about trading with either Trading212 or Alvexo. A good broker can multiply your first investments and provide you positive profits. If you would like to make profits, you should trade with a broker service that aligns with your investing objectives.
There is no sure-fire way to ensure profits; therefore, you should carefully analyze your agent before you select them. It's a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.
Trading212 and Alvexo are both brokers that have forged their way successfully to the broker world. Within this review, we have attempted to collate a number of the important facets of both Trading212 and Alvexo. This review can allow you to understand whether either Alvexo or Trading212 is a good match for your own investments or not. We've tried to breakdown all of the qualities and fees for your convenience.
Benefits of Trading212 and Alvexo Compared
Trading212 has a minimum deposit of $1 while Alvexo offers a $500 minimum deposit.
Why smaller minimum deposits are good and how Trading212 and Alvexo compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Trading212 has around 10000 financial instruments whilst Alvexo has around 10000 financial instruments available.
The more financial instruments you can trade on the Trading212 and Alvexo trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of Trading212 or Alvexo.
Trading212 and Alvexo Contact Details
Being able to contact a broker through many ways is a sign of a professional broker. Trading212 and Alvexo have the following contact details and social medias that you can use.
Broker | Trading212 | Alvexo |
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Telephone Number | +357 25 030937 | |
info@trading212.com | support@alvexo.com | |
Address | 107 Cheapside, London EC2V 6DN | HIS Building, Office 5, Providence, Mahe, Seychelles |
Trading212 Twitter Account | Alvexo Twitter Account | |
Trading212 Facebook Page | Alvexo Facebook Page | |
Trading212 Instagram Account | Alvexo Instagram Account | |
Trading212 LinkedIn Page | Alvexo LinkedIn Page | |
YouTube | Trading212 YouTube Channel | Alvexo YouTube Channel |
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Alvexo and Trading212 Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing Trading212 and Alvexo will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Trading212 vs Alvexo - Awards
Broker | Trading212 | Alvexo |
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Awards |
Trading212 have won numerous industry awards over the years they have been operating as an online broker. We detail the most notable awards for Trading212 below.
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At the time of writing this Alvexo review, and despite Alvexo’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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Trading212 vs Alvexo - Frequently Asked Questions
Trading212 vs Alvexo - Headquarters And Year Of Founding
Trading212 was founded in 2006 and has its head office in UK.
Alvexo was founded in 2014 and has its head office in Cyprus.
What is the minimum deposit for Alvexo or Trading212
The minimum deposit for Trading212 is $1.
The minimum deposit for Alvexo is $500.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Trading212 and Alvexo are a good option.
Trading212 vs Alvexo - Regulation And Licencing In More Detail
Trading212 is regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC).
Alvexo is regulated by Australian Securities and Investment Commission (ASIC), licenced in Australia and Hong Kong for stockbroking and corporate finance activities, Financial Services Authority of Seychelles with License Number SD030.
Both Trading212 and Alvexo have a powerful set of rules for ensuring honest trading onto their individual platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy policies, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare Trading212 vs Alvexo Commission And Fees
Trading212 and Alvexo are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an internet broker isn't necessarily affected by the number of customers they have.
But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three types of fees for this objective.
The first sort of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In these cases, you're spending a spread, funding rate, or a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight prices are people that are billed when you maintain a leveraged position for more than daily.
Apart from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They are charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither Trading212 or Alvexo charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who regularly trade, such as daily or weekly trading.
However, non-trading fees charged by Trading212 and Alvexo are relatively higher. As a result, you're billed more for non-trading activities on your trading accounts, like withdrawal and deposits. These are not about the purchase and sale of assets.
This Trading212 vs Alvexo review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For Trading212 And Alvexo
What Languages Do Trading212 And Alvexo Support?
Being able to communicate easily with your online platform is a key part of comparing trading platforms to find your perfect broker. Not only for support but to ensure you understand everything on their website and inside their application as it is a key part of success when trading forex.
Here you will find the languages that both Trading212 and Alvexo support.
How Many Clients Do Trading212 and Alvexo Have?
Both Trading212 and Alvexo are well established with their customer base. It is important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients Trading212 and Alvexo are active on their platform
What Payment Methods Do Trading212 and Alvexo Accept?
Trading212 and Alvexo both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Trading212 and Alvexo
What Can You Trade With Trading212 and Alvexo?
Trading212 offers 10000 trading instruments and Alvexo offers 34.
Below you will find a full breakdown of what both Trading212 and Alvexo offer.
Trading212 Review
Trading212 vs Alvexo:
Table Of Contents
- Compare Trading212 vs Alvexo
- Benefits of Trading212 and Alvexo Compared
- Alvexo and Trading212 Mobile App Comparison
- Trading212 vs Alvexo - Awards
- Trading212 vs Alvexo - Frequently Asked Questions
- What is the minimum deposit for Alvexo or Trading212
- Trading212 vs Alvexo - Regulation And Licencing In More Detail
- Compare Broker Fees For Trading212 And Alvexo
- What Languages Do Trading212 And Alvexo Support?
- How Many Clients Do Trading212 and Alvexo Have?
- What Payment Methods Do Trading212 and Alvexo Accept?
- What Can You Trade With Trading212 and Alvexo?