Comparison of Alvexo and NordFX
| Feature | Alvexo | NordFX |
|---|---|---|
| Broker | ||
| Year Founded | 2014 | 2008 |
| Broker Type | STP | STP, MM, ECN |
| Dealing | A-book | A-book, B-book |
| Execution | Market | Market |
| Regulation | SFSA | - |
| Platforms | Alvexo WebTrader, Mobile | MetaTrader 4 (MT4) |
| Spread | ⬈ High | ⬊ Low |
| Maximum Leverage | 1:400 | 1:1000 |
| Minimum Deposit | $500 | $10 |
| Base Currencies | USD, EUR | USD, BTC, ETH |
| Funding Methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, WebMoney, Dragonpay, AstroPay, TC Pay, FasaPay, Boleto, DOKU Wallet, Binance Pay, Ngan Luong, Help2pay, PayTrust88, Tether (USDT), USD Coin (USDC), Dai (DAI) |
| Inactivity Fee | Tiered up to $2 500/mo after 30 days idle | $10 after 12 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| 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, Cryptocurrencies, Stocks, Indices, Metals, Energies |
| Review | Alvexo Review | NordFX 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 NordFX
NordFX is an international forex and CFD broker established in 2008. It offers a wide selection of accounts, from fixed-spread entry-level accounts to commission-based ECN accounts with spreads from 0.0 pips. Traders can access more than 150 instruments, including forex pairs, cryptocurrencies, indices, stocks, metals, and energies. With leverage up to 1:1000 (1:100 for cryptocurrencies), NordFX provides flexible options for both retail and professional traders.
Pros
- Multiple account types including ECN Zero and Crypto accounts
- Leverage up to 1:1000 on forex
- CopyTrading platform integrated
- Free VPS available for active clients
Cons
- No regulation, no investor protection
- Limited range of stock CFDs compared to bigger brokers
- No weekend customer support
Alvexo & NordFX Regulation
| Feature | Alvexo | NordFX |
|---|---|---|
Companies | HSN Capital Group Ltd | NFX CAPITAL VU INC. |
Countries | Seychelles | Saint Lucia |
Regulators | SFSA | - |
Investor Protection | - | - |
Investor Protection Size | - | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Alvexo | NordFX |
|---|---|---|
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 | Pro |
| Min Deposit | $10 000 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 2.2 | 0.9 |
| Fee | No | No |
| Max Leverage | 1:200 | 1:1000 |
| Stop Out | 35% | 20% |
| Margin Call | 75% | 40% |
Zero Account | ||
| Account Name | — | Zero |
| Min Deposit | — | $500 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.0 |
| Fee | — | $7 per 1 lot |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 40% |
| Margin Call | — | 60% |
Fix Spread Account | ||
| Account Name | — | Fix |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Fixed |
| Execution | — | Instant |
| Min Spread | — | 2 |
| Fee | — | No |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 20% |
| Margin Call | — | 40% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | Alvexo | NordFX |
|---|---|---|
Base currencies | USD, EUR | USD, BTC, ETH |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, WebMoney, Dragonpay, AstroPay, TC Pay, FasaPay, Boleto, DOKU Wallet, Binance Pay, Ngan Luong, Help2pay, PayTrust88, Tether (USDT), USD Coin (USDC), Dai (DAI) |
Inactivity fee | Tiered up to $2 500/mo after 30 days idle | $10 after 12 months |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Alvexo | NordFX |
|---|---|---|
Trading Platforms | Alvexo WebTrader, Mobile | MetaTrader 4 (MT4) |
Execution Speed | - | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | low |
Trading Assets
| Asset | Alvexo | NordFX |
|---|---|---|
Currencies | 58 | 33 |
Indices | 15 | 4 |
Stocks | 330 | 68 |
Cryptocurrencies | 22 | 15 |
Bonds | 2 | 0 |
Metals | 5 | 2 |
Energies | 5 | 3 |
Soft Commodities | 4 | 0 |
ETFs | 12 | 0 |
Education and Analytics
| Feature | Alvexo | NordFX |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Alvexo | NordFX |
|---|---|---|
Email | support@alvexo.com | support@nordfx.com |
Phone | +41449746327 | +35725030262 |
Telegram | — | Telegram |
Facebook | — | |
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter |
Which Broker is Better?
After comparing Alvexo and NordFX, Alvexo 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.