Alvexo 

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Rated 1 out of 5 stars

Don't even bother creating an account as you will start getting cold called very aggressively as soon as you sign up, you'll be approached by a team of very pushy salespeople trying to get y... See more

Company replied

Rated 1 out of 5 stars

DON'T DEAL WITH ALVEXO BIG scam Unprofessional team Misleading/ manibulating information If you are dealing with Mohamad Wattad you are at high risk to lose all your money !!! They st... See more

Company replied

Rated 3 out of 5 stars

OK, so 4 months of trading indices and shares with this broker and here are my conclusions.... Pros- Reliability and fairness. platform is user friendly and works well, lots of assets to choo... See more

Company replied

Rated 4 out of 5 stars

It’s a pity that the broker doesn’t provide some of the most habitual trading platforms. However, I am still enjoying the custom web trade quite as much. I think for newcomers in the forex industr... See more

Company replied

Company details

  1. Currency Exchange Service

About Alvexo

Information provided by various external sources

Alvexo is a Regulated Global Investments Brokerage. We specialize in global financial markets and enhance the trading experience of our customers by utilizing leading trading systems.

Founded by a team of industry veterans, we empower the knowledge of our users with regular news updates, market analysis and a complete educational section - always updating with the latest guides and trends.

Alvexo is also available and fully supported in:


Contact info

All reviews

(675)

1 review in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Very bad compliance department

Very bad compliance department. I had a case to deposit money as usual and then I can’t withdraw my money. I did contact the compliance department and no reply since 3days till now. They are thieves. Their customer service support also don’t reply. So keep your money with you and don’t enter a battle that you will certainly lose.

August 25, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Madam,

Thank you for taking the time to write a review about Alvexo.

In regards to your comments, please note that the Compliance department already communicated with you and your request has been processed.

In case you need further clarifications, please send an email at compliance.hn@alvexo.com with your registered email or account number and we will revert back to you in due time.

Best Regards,

Compliance Team

Rated 5 out of 5 stars

Supportive, detailed and patient

Mario ch was very supportive patient and detailed.
Very happy to get started with a broker that really cares. Worth giving them a try.

August 25, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir/ Madam,

Thank you for your great review!
We are happy that you have chosen Alvexo as your financial broker.
We work very hard to offer the best possible service and assistance to our clients.

With Sincere Regards,
Alvexo Team

Rated 1 out of 5 stars

Very bad selling team

Very bad selling team. They advertise free training, which I followed up from a link to see what it means. That snowballed quickly into loads of follow up calls, telling me at the end that I fit into their category of people who always find an excuse not to invest, and why did I answer their phone the first time, as I'm wasting their time.
Extraordinary pushy to get you into their platform, and when confronted with the huge amount of bad reviews, they answer " if you go to a restaurant, and it has bad reviews, but you like the food, the reviews don't matter". What ?!? Spoke nice to me, even joked, until I said I'm not interested, and then, true colours came out : You should have not answer the phone if you're not going to join, wasting people's time!
From my point of view, stay away, just another company which makes money from onboarding as many clients as possible. Or it could be a scam, in which case it's even worse.

August 24, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,

Thank you for taking the time to write a review about Alvexo. In regards to your comments, kindly be informed that we could not detect you on our database.

To this extend, in case you have an account with us, please send us an email at compliance@alvexo.eu with your registered email address or account number, in order to be able to investigate the matter further.

Best Regards,
Compliance Team

Rated 1 out of 5 stars

Total crap

Total crap, never paid my earnings, based on the IP location when I was at my worksite abroad. Agressive talking and insisting on transfer more money. Never ever. Surprised how they got 3.4 stars😂😂😂

August 13, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,

Thank you for taking the time to write a review about Alvexo. In regards to your comments, we are very sorry to hear that you have had a bad experience with Alvexo.
To this extend, kindly be informed that we will further investigate the matter and we will revert back to you in due time.

Best Regards,
Compliance Team

Rated 1 out of 5 stars

Possible Fraud? Perhaps. But certainly avoid Alvexo.

This is the worst experience I've ever had in customer service, and I'm seriously concerned it's simply a facade of a major fraud.

I created an account and submitted my documents for verification, then funded the account with an amount of money that was credited instantly. I soon after received a call from an agent named "Fatima" who further transferred the call to someone she called "Doctor" and named "Samir" who took some 20 minutes trying to convince me of transferring a good sum of money to benefit from benefits dedicated to exclusive clients.

I next read the many reviews here that really worried me and decided to withdraw my money, only to receive an email that "in order to proceed with the withdrawal request, the account has to be verified" and "in order to complete the verification procedure" I need to "reply back to this email forwarding the 2 page of your passport were the expire date is written" which I exactly did, immediately; only to receive a notification on the app that their compliance department reviewed and rejected it.. and asked me to resubmit!

It's really weird and suspicious that they have no problem accepting the funds without account verification, yet a refund cannot be processed without it!

Big warning to everyone: be careful. Be. Careful.

August 12, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,

Thank you for taking the time to write a review about Alvexo.

We would like to highlight that we are a duly regulated Investment Firm abiding by the regulatory requirements of our competent authority.

Therefore, in response to your review, kindly note that according to the Company’s Terms and Conditions (“Company’s T&Cs”) that you already accepted by your registration with the Company, the Company has a right to request additional information and/or documentation in order to be satisfied that the Client’s dealing with the Company, including but not limited to withdrawals are legitimate and/or for any reason to comply with the Company’s regulatory obligations.

However, your withdrawal was already processed on 13th of August 2021 and according to the Company’s T&Cs, the Company will pay the amount to you within 4 to 7 Business Days from the date of your request, if all the requirements have been satisfied.

If you need any further clarifications regarding your withdrawal request, please contact the Finance Department of the Company.

Best Regards,
Compliance Team

Rated 5 out of 5 stars

Good experience with Alvexo

I have a good experience in forex trading and I am dealing with so many companies and I lost above 300,000 $ with scammers people and companies but when I am starting with alvexo especially with Mr.Mouaz Mehmeet I got good profits because he is professional and He is the best for me, he is teaching advising helping all the time, I am really honest on my talks because I am comfortable to deal with him , soon I will increase my wallet amount in alvexo by deposit good money.

July 5, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,
Thank you for your great review!
We are happy that you have chosen Alvexo as your financial broker.
We work very hard to offer the best possible service and assistance to our clients.
With Sincere Regards,
Alvexo Team

Rated 1 out of 5 stars

Some how stole my information

Do Not Trust these crooks with your money!
Look at ALL the other Negative reviews rather than their fake ones!

Some how stole my information, called me & wouldn't leave me alone when I said I don't consent to this phone call. Unprofessional, scheming, money grabbers. Stay clear of this Scum!

Reply to your response.
NO! I didnt Ever consent to you having my details! You're embarrassingly inept customer service skills just prove my point further! Your employee wouldnt leave me alone when I told them I didnt want to continue with the conversation but kept pushing & now youre calling me a liar!

Stay Away from these Scum Scammers!!!

June 24, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,

As a regulated institution, we wish to inform you that we comply with the relevant GDPR regulation and guidelines. As such, we do not collect information unless those are necessary in order to provide our services, not do we share data to any third parties, as demonstrated on the Company’s Privacy Policy. If you were called, it means you have entered your data giving your expressed consent to be contacted.

However, should you wish to unsubscribe, please send an email to compliance@alvexo.com and we will make sure you will not be contacted again in the future.

Thank you
Compliance Department

Rated 1 out of 5 stars

this company big scam

June 19, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,

Thank you for taking the time to write a review about Alvexo. In regards to your comments, kindly be informed that you can send us an email at compliance@alvexo.com with your registered email address or account number, in order to be able to assist you accordingly.

Best Regards,
Compliance Team

Rated 1 out of 5 stars

I won't raccoons it to any one in…

I won't raccoons it to any one in Europe that want to start trading very basic no much tools and the support it reaches you after long wait and they even not really good with customer support or service few words so they appear still professional but won't give you the help you need or make you happy at the end of the day its like telling you this is your problem

June 3, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,

Thank you for taking the time to write a review about Alvexo. In regards to your comments, kindly be informed that we could not detect you on our database.
To this extend, in case you have an account with us, please send us an email at compliance@alvexo.eu with your registered email address or account number, in order to be able to assist you accordingly.

Best Regards,
Compliance Team

Rated 5 out of 5 stars

I have had such a great experience with…

I have had such a great experience with Alvexo since joining in about 6 months. As for my accounts manager, Michalinia; she is simply the best anyone can have. Her dedication to duty , patience and knowledge is superb.

I am very happy with their services.

May 20, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,
Thank you for your great review!
We are happy that you have chosen Alvexo as your financial broker.
We work very hard to offer the best possible service and assistance to our clients.
With Sincere Regards,
Alvexo Team

Rated 5 out of 5 stars

ive been dealing with alvexo since 1…

ive been dealing with alvexo since 1 year, alvexo is a great company with an efficient customer service, my account manager is MOUAZ MEHMEET, i really appreciate the way he deal with me regarding all trading concerns as deposit or withdrawal or bonuses, i advice everyone who would like to trade, to join this professional company and to ask for MOUAZ MEHMEET, for his experienced and efficient and high level customer service he provide
they deserve 5 stars and all my respect
thank you

May 18, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,
Thank you for your great review!
We are happy that you have chosen Alvexo as your financial broker.
We work very hard to offer the best possible service and assistance to our clients.

With Sincere Regards,
Alvexo Team

Rated 1 out of 5 stars

They are unprofessional

They are unprofessional, spammers and even after repeated requests i still keep getting emails and annoying silent calls- i assume it is them as they refuse to remove mydetails. Have reported to UK ICO office for data privacy violation. Avoid them

May 17, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,

Thank you for taking the time to write a review about Alvexo. In regards to your comments, kindly be informed that we could not detect you on our database.
To this extend, in case you have an account with us, please send us an email at compliance@alvexo.eu with your registered email address or account number, in order to be able to assist you accordingly.

Best Regards,
Compliance Team

Rated 1 out of 5 stars

I opened an joint account on the…

I opened an joint account on the understanding that my stepson was going to run it. I was sick and tired of them contacting me and not once did they contact my stepson. We didn’t even trade. I opened the account with £501 and because of been messed around, I decided to retrieve my money which took ages to get . They charged me £142.55 to get my money back. Live chat is useless and no phone number to contact. Absolutely fuming,

May 13, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,

Thank you for taking the time to write a review about Alvexo. In regards to your comments, please note that we do not charge any fees on withdrawal, however individual banking institutions may charge transfer fees.
As such, it is possible that the mentioned amount was charged by your banking institution for fees or conversion rates and not from our side.
To this extend, please send us an email at compliance@alvexo.eu with your registered email address or account number for any further clarifications you may have.

Best Regards,
Compliance Team

Rated 1 out of 5 stars

Withdrawal

Awful experience it started off good they are so eager to set you up and get your account verified and take a deposit , however when it comes to withdrawing the money which should take 3-5 working days they do not even make any acknowledgment that you have requested your money to be withdrawn , they also have no direct contact number but they will make sure they call you everyday talking to you about trades and they’ll send you emails everyday etc ... but soon as you request your money back it’s like they forget your number exists. Only acknowledgment you get is when you cancel your withdrawal to re request it again they confirm it’s been cancelled which is just a joke. Now you have the hassle of trying to contact them with no direct number , the live chat bots do not work they repeatedly tell you to wait 5 minutes whilst they find an agent , never known it be this hard to withdraw money with a broker by far the worst when it comes to getting your money back.

April 16, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,

Thank you for taking the time to write a review about Alvexo. In regards to your comments, kindly be informed that we could not detect you on our database.
To this extend, in case you have an account with us, please send us an email at compliance@alvexo.eu with your registered email address or account number, in order to be able to investigate the matter further.

Best Regards,
Compliance Team

Rated 5 out of 5 stars

Really great company

I was contacted by many different trading companies who I found to be very pushy nearly to the point of bullying. However one day I was called by a girl named Eva she explained who she was, she put no pressure on me at all, she allowed me time to do all the checks. Mario became my account manager, he was exceptionally patient and kind even when i didn't listen. His method of education one to one was excellent it really helped me to understand how things worked. I continue to work with Mario and wouldn't have problem in recommending as an accounts manager.

April 8, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Valued Client,

It is always pleasant to read the opinion of a satisfied Alvexo user!

Thank you for your feedback. Don't hesitate to watch informative market tutorials and webinars and learn more with our trading educational tools.

Regards,
the Alvexo team

Rated 1 out of 5 stars

Zero stars if available

Zero stars if available. They call you 20 times a day from Ireland or Cyprus and when you unsubscribe you still get bombarded with rubbish. Stay clear is my advice.

March 29, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,

Thank you for taking the time to write a review about Alvexo. In regards to your comments, we are very sorry to hear that you have had a bad experience with Alvexo.

To this extend, please send us an email at compliance@alvexo.com with your registered email address or account number, in order to be able to investigate the matter further.

Best Regards,
Compliance Team

Rated 1 out of 5 stars

Time Wasters

They have 100 different phone numbers and will constantly call you on every single one until you block them all. I’m still getting calls at silly hours from them.

March 25, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,

Thank you for taking the time to write a review about Alvexo. In regards to your comments, we are very sorry to hear that you have had a bad experience with Alvexo.

To this extend, please send us an email at compliance@alvexo.com with your registered email address or account number, in order to be able to investigate the matter further.

Best Regards,
Compliance Team

Rated 1 out of 5 stars

quite annoying they are and keep…

quite annoying they are and keep calling in the last few months I have been receiving calls from them only to hang up as soon I pick the phone. scammers and spammers

March 8, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir,

Thank you for taking the time to write a review about Alvexo. In regards to your comments, kindly be informed that we could not detect you on our database.
To this extend, in case you have an account with us, please send us an email at compliance@alvexo.com with your registered email address or account number, in order to be able to investigate the matter further.

Best Regards,
Compliance Team

Rated 1 out of 5 stars

An honest Alvexo review!

My experience with Alvexo has been mixed. To be honest, the service they provide with prompt calls and responses is good.

But the following are the serious problems I faced with the platform:

1. Platform limitations - you cannot change Stop loss / take profits overnight or during market closed time period. This is a serious issue as, if the markets open with a gap down one is faced with a massive loss!
Even though you know the markets are to open down you cannot do anything so safeguard yourself! I find that ridiculous as most other platforms, allow changes in stop loss and take profit for overnight positions.
This means, ideally one should not be looking at carrying any position beyond the day or you are taking uncharted levels of risk which can literally wipe your entire account balance off!

2. Lack of instruments - the platform has limited number of instruments.

3. They keep pushing you for higher amounts for “getting access to certain instruments”
Which I find fishy.

4. The level of service and soft speech of the representatives vanishes as soon as you show you don’t agree with a point they make. And when you initiate the withdrawals, the relationship takes steep downturn!
It’s like a hard ugly breakup 😂

5. No ownership of advice. They claim they do not provide advice on stocks, but provide enough push over calls and emails that you get the “HINT” of the idea.
Which is fine till it works, but if it doesn’t, of course this is “Not an advice”

6. Higher costing - as compared to most other brokers offering similar or better equipped platforms to trade on CFDs.

Few positives:
1. Very prompt in account opening process.
2. Some agents who manage the opened
accounts are prompt and revert quickly.

I am in process of withdrawing the balances from the platform. Will update on the time taken and about the smoothness of the process once it is completed.

February 15, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir/ Madam,

Thank you for taking the time to write a review about Alvexo. In regards to your comments, we are very sorry to hear that you have had a bad experience with Alvexo.
To this extend, please send us an email at compliance@alvexo.com with your registered email address or account number in order to investigate the matter further and we will revert back to you in due time.

Best Regards,
Compliance Team

Rated 1 out of 5 stars

Worst customer service ever

Worst customer service ever ! No responds to emails, account manager contact you once per week with no follow up on the pending positions, i lost all my equity because of their negligence.

February 15, 2021
Unprompted review
Alvexo logo

Reply from Alvexo

Dear Sir Harake,

Thank you for taking the time to leave a review about Alvexo. In regards to your comments, we are very sorry to hear that you have had a bad experience with Alvexo.
To this extend, kindly be informed that according to our investigation your account manager was following up with you on a regularly base. In case you need any further assistance please send us an email at compliance.hn@alvexo.com with your registered email address or account number, in order to be able to investigate the matter further and we ensure you that we will follow up your inquiries and revert back to you in due time.

Best Regards,
Compliance Team

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