Comparison of Alvexo and CMC Markets
| Feature | Alvexo | CMC Markets |
|---|---|---|
| Broker | ||
| Year Founded | 2014 | 1989 |
| Broker Type | STP | MM |
| Dealing | A-book | B-book |
| Execution | Market | Market |
| Regulation | SFSA | FCA, BaFin, FMA, KNF, FSAN, CNMV, CIRO, ASIC, NZ FMA, MAS, DFSA |
| Platforms | Alvexo WebTrader, Mobile | MetaTrader 4 (MT4), CMC Markets |
| Spread | ⬈ High | ⬊ Low |
| Maximum Leverage | 1:400 | 1:30 |
| Minimum Deposit | $500 | $1 |
| Base Currencies | USD, EUR | USD, EUR, GBP, AUD, CAD, NOK, NZD, PLN, SEK, SGD |
| Funding Methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Bank Wire, Credit Card, Debit Card, PayPal |
| Inactivity Fee | Tiered up to $2 500/mo after 30 days idle | $15 per month after 12 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | - | UK Financial Services Compensation Scheme (FSCS) |
| Protection Size | - | £85 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✖ | ✖ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✖ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, Commodities, Cryptocurrencies, Bonds | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities |
| Review | Alvexo Review | CMC Markets Review |
About Alvexo
Founded in 2014, Alvexo is a multi-asset CFD broker regulated by the Seychelles FSA. Traders get 450+ instruments across FX, stocks, indices, commodities and crypto, plus a proprietary WebTrader and full-featured mobile app. Four live account tiers (Classic to Elite) offer progressively tighter spreads and higher leverage. Education is a key focus: Alvexo Plus delivers daily signals, webinars and market commentary. Despite strong education and platform choice, entry costs are steep: the Classic account starts at $500 and spreads from 2.9 pips; meaningful price-quality improvements demand deposits of $10 000+. A $100 inactivity fee kicks in after one month, and overall pricing is less competitive than top-tier STP brokers.
Pros
- 450+ tradable instruments and multi-asset coverage
- Rich education and daily trading signals
Cons
- High minimum deposits for better pricing
- Wide spreads on Classic account
- Monthly inactivity fee after 1 month
- Offshore FSA licence
- No cent or PAMM/MAM accounts
About CMC Markets
CMC Markets is a well-established forex and CFD broker founded in 1989, renowned for its robust trading platforms, competitive spreads, and extensive range of tradable assets. With a global presence and regulation in top-tier jurisdictions, the broker caters to both beginners and experienced traders. CMC Markets offers access to forex, indices, commodities, cryptocurrencies, and shares, supported by advanced tools and educational resources to enhance trading experiences.
Pros
- Regulated by top-tier authorities, including the FCA and ASIC
- Comprehensive range of tradable instruments across multiple asset classes
- Intuitive and feature-rich proprietary trading platform, Next Generation
- Competitive pricing with tight spreads and no commission on most trades
- Exceptional educational resources and market research tools
Cons
- Does not offer services to U.S. clients due to regulatory restrictions
- Trading fees can be higher for less active traders
- Limited deposit and withdrawal methods compared to other brokers
Alvexo & CMC Markets Regulation
| Feature | Alvexo | CMC Markets |
|---|---|---|
Companies | HSN Capital Group Ltd | CMC Markets UK plc, CMC Markets Germany GmbH, CMC Markets Canada Inc, CMC Markets Asia Pacific Pty Ltd, CMC Markets NZ Limited, CMC Markets Singapore Pte Ltd, CMC Markets Middle East Ltd |
Countries | Seychelles | United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates |
Regulators | SFSA | FCA, BaFin, FMA, KNF, FSAN, CNMV, CIRO, ASIC, NZ FMA, MAS, DFSA |
Investor Protection | - | UK Financial Services Compensation Scheme (FSCS) |
Investor Protection Size | - | £85 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Alvexo | CMC Markets |
|---|---|---|
Market Maker Account | ||
| Account Name | Classic | CFD |
| Min Deposit | $500 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 2.9 | 0.7 |
| Fee | No | No |
| Max Leverage | 1:100 | 1:30 |
| Stop Out | 40% | 50% |
| Margin Call | 75% | 80% |
STP Account | ||
| Account Name | Gold | — |
| Min Deposit | $10 000 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 2.2 | — |
| Fee | No | — |
| Max Leverage | 1:200 | — |
| Stop Out | 35% | — |
| Margin Call | 75% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | Alvexo | CMC Markets |
|---|---|---|
Base currencies | USD, EUR | USD, EUR, GBP, AUD, CAD, NOK, NZD, PLN, SEK, SGD |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Bank Wire, Credit Card, Debit Card, PayPal |
Inactivity fee | Tiered up to $2 500/mo after 30 days idle | $15 per month after 12 months |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Alvexo | CMC Markets |
|---|---|---|
Trading Platforms | Alvexo WebTrader, Mobile | MetaTrader 4 (MT4), CMC Markets |
Execution Speed | - | 0 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | low |
Trading Assets
| Asset | Alvexo | CMC Markets |
|---|---|---|
Currencies | 58 | 336 |
Indices | 15 | 99 |
Stocks | 330 | 10099 |
Cryptocurrencies | 22 | 336 |
Bonds | 2 | 71 |
Metals | 5 | 19 |
Energies | 5 | 45 |
Soft Commodities | 4 | 58 |
ETFs | 12 | 1200 |
Education and Analytics
| Feature | Alvexo | CMC Markets |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Alvexo | CMC Markets |
|---|---|---|
Email | support@alvexo.com | clientmanagement@cmcmarkets.co.uk |
Phone | +41449746327 | — |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter |
Which Broker is Better?
After comparing Alvexo and CMC Markets, CMC Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.