Comparison of Alvexo and Nadex
| Feature | Alvexo | Nadex |
|---|---|---|
| Broker | ||
| Year Founded | 2014 | 2009 |
| Broker Type | STP | MM |
| Dealing | A-book | B-book |
| Execution | Market | Instant |
| Regulation | SFSA | CFTC |
| Platforms | Alvexo WebTrader, Mobile | Nadex Web Platform, NadexGo™ (iOS, Android) |
| Spread | ⬈ High | - N/A |
| Maximum Leverage | 1:400 | 1:1 |
| Minimum Deposit | $500 | $1 |
| Base Currencies | USD, EUR | USD |
| Funding Methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Debit Card, ACH Bank Transfer, Wire Transfer |
| Inactivity Fee | Tiered up to $2 500/mo after 30 days idle | $10 per month after 12 months of inactivity |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | Wire withdrawal $25 |
| Investor Protection | - | - |
| Protection Size | - | - |
| 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, Commodities, Indices, Cryptocurrencies |
| Review | Alvexo Review | Nadex 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 Nadex
Nadex (North American Derivatives Exchange) is the only US-based retail exchange offering fully regulated binary options, call spreads, and knock-out contracts. Regulated by the CFTC, Nadex matches orders on an exchange order book, so you trade directly with other participants rather than against the broker. Contracts are cash-settled at $0 or $100, ensuring strictly limited risk, and accounts can be opened with no minimum deposit. Since 2022 Nadex has been part of the Crypto.com group, aiming to expand access to innovative derivatives products while maintaining compliance with US regulations.
Pros
- CFTC-regulated US exchange
- No minimum deposit; $1 minimum contract size
- Transparent, low fees – $1 per side, capped at $50
- Proprietary web & mobile platforms with free real-time data
- Fixed-risk contracts eliminate negative balance risk
- Free unlimited demo account
Cons
- Available mainly to US residents; many states/countries restricted
- Only short-term binary products – no traditional spot FX or CFDs
- Wire withdrawals incur a $25 fee
- No MetaTrader or third-party algorithmic trading support
Alvexo & Nadex Regulation
| Feature | Alvexo | Nadex |
|---|---|---|
Companies | HSN Capital Group Ltd | North American Derivatives Exchange, Inc. (Crypto.com group) |
Countries | Seychelles | United States |
Regulators | SFSA | CFTC |
Investor Protection | - | - |
Investor Protection Size | - | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Alvexo | Nadex |
|---|---|---|
Market Maker Account | ||
| Account Name | Classic | — |
| Min Deposit | $500 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 2.9 | — |
| Fee | No | — |
| Max Leverage | 1:100 | — |
| Stop Out | 40% | — |
| Margin Call | 75% | — |
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 | ||
Binary Options | ||
| Account | — | Binary Options |
| Minimum Deposit | — | $1 |
| Option Types | — | Binary Options, Call Spreads, Knock-Outs |
| Minimum Stake | — | $1 |
| Payout | — | from 0% to 100% |
| Expiration Time | — | from 5 minutes to 24 hours |
Funding and Fees
| Feature | Alvexo | Nadex |
|---|---|---|
Base currencies | USD, EUR | USD |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Debit Card, ACH Bank Transfer, Wire Transfer |
Inactivity fee | Tiered up to $2 500/mo after 30 days idle | $10 per month after 12 months of inactivity |
Interest on margin | ||
Withdrawal fee | Wire withdrawal $25 |
Trading Platforms and Conditions
| Feature | Alvexo | Nadex |
|---|---|---|
Trading Platforms | Alvexo WebTrader, Mobile | Nadex Web Platform, NadexGo™ (iOS, Android) |
Execution Speed | - | 50 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | N/A |
Trading Assets
| Asset | Alvexo | Nadex |
|---|---|---|
Currencies | 58 | 11 |
Indices | 15 | 5 |
Stocks | 330 | 0 |
Cryptocurrencies | 22 | 18 |
Bonds | 2 | 0 |
Metals | 5 | 2 |
Energies | 5 | 2 |
Soft Commodities | 4 | 0 |
ETFs | 12 | 0 |
Education and Analytics
| Feature | Alvexo | Nadex |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Alvexo | Nadex |
|---|---|---|
Email | support@alvexo.com | customerservice@nadex.com |
Phone | +41449746327 | +1312-884-0100 |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter |
Which Broker is Better?
After comparing Alvexo and Nadex, Nadex 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.
More Comparisons
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.