Comparison of Alvexo and xChief
| Feature | Alvexo | xChief |
|---|---|---|
| Broker | ||
| Year Founded | 2014 | 2014 |
| Broker Type | STP | STP, ECN |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | SFSA | MISA, ASIC |
| Platforms | Alvexo WebTrader, Mobile | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬈ High | ⬊ Low |
| Maximum Leverage | 1:400 | 1:1000 |
| Minimum Deposit | $500 | $1 |
| Base Currencies | USD, EUR | USD, EUR, GBP |
| Funding Methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Bank Transfer, SEPA, Credit/Debit Card, Cryptocurrencies (BTC, ETH, LTC, BCH, DOGE, USDT, USDC, DAI), Skrill, Neteller, Volet, FasaPay, WebMoney, Perfect Money |
| Inactivity Fee | Tiered up to $2 500/mo after 30 days idle | ✖ |
| 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 | Forex, Metals, Energies, Indices, Stocks, Cryptocurrencies, CFDs |
| Review | Alvexo Review | xChief 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 xChief
xChief is an international multi-asset broker established in 2014 (formerly ForexChief). Regulated by MISA (Comoros) and ASIC (Australia), it offers MetaTrader 4/5, a mobile app, spreads from 0 pips, leverage up to 1:1000, cent accounts, PAMM/MAM, copy trading, a $100 no-deposit bonus and a welcome bonus up to $500.
Pros
- Low minimum deposit
- Tight spreads
- High leverage
- MT4/MT5 support and copy trading
- Up to $600 in combined bonuses
Cons
- Limited educational resources
- Customer support can be slow
- Bonus terms require high turnover
Alvexo & xChief Regulation
| Feature | Alvexo | xChief |
|---|---|---|
Companies | HSN Capital Group Ltd | xChief Ltd, xChief Pty Ltd |
Countries | Seychelles | Comoros, Australia |
Regulators | SFSA | MISA, ASIC |
Investor Protection | - | - |
Investor Protection Size | - | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Alvexo
HSN Capital Group Ltd
xChief
xChief Ltd, xChief Pty Ltd
Countries
Alvexo
Seychelles
xChief
Comoros, Australia
Regulators
Alvexo
SFSA
xChief
MISA, ASIC
Investor Protection
Alvexo
-
xChief
-
Investor Protection Size
Alvexo
-
xChief
-
Publicly Traded
Alvexo
xChief
Segregated Accounts
Alvexo
xChief
Guaranteed Stop Loss
Alvexo
xChief
Negative Balance Protection
Alvexo
xChief
Account Types
| Account | Alvexo | xChief |
|---|---|---|
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 | Classic+ |
| Min Deposit | $10 000 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 2.2 | 0.6 |
| Fee | No | No |
| Max Leverage | 1:200 | 1:1000 |
| Stop Out | 35% | 30% |
| Margin Call | 75% | 50% |
ECN Account | ||
| Account Name | — | DirectFX |
| Min Deposit | — | $50 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.3 |
| Fee | — | $5 per 1 lot |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 30% |
| Margin Call | — | 50% |
Zero Account | ||
| Account Name | — | xPRIME |
| Min Deposit | — | $2000 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0 |
| Fee | — | $6 per 1 lot |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
Cent Account | ||
| Account Name | — | CENT |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.9 |
| Fee | — | No |
| Max Leverage | — | 1:500 |
| Stop Out | — | 30% |
| Margin Call | — | 50% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Market Maker Account
Account Name
Alvexo
Classic
xChief
—
Min Deposit
Alvexo
$500
xChief
—
Lot Size
Alvexo
0.01
xChief
—
Spread Type
Alvexo
Floating
xChief
—
Execution
Alvexo
Market
xChief
—
Min Spread
Alvexo
2.9
xChief
—
Fee
Alvexo
No
xChief
—
Max Leverage
Alvexo
1:100
xChief
—
Stop Out
Alvexo
40%
xChief
—
Margin Call
Alvexo
75%
xChief
—
STP Account
Account Name
Alvexo
Gold
xChief
Classic+
Min Deposit
Alvexo
$10 000
xChief
$10
Lot Size
Alvexo
0.01
xChief
0.01
Spread Type
Alvexo
Floating
xChief
Floating
Execution
Alvexo
Market
xChief
Market
Min Spread
Alvexo
2.2
xChief
0.6
Fee
Alvexo
No
xChief
No
Max Leverage
Alvexo
1:200
xChief
1:1000
Stop Out
Alvexo
35%
xChief
30%
Margin Call
Alvexo
75%
xChief
50%
ECN Account
Account Name
Alvexo
—
xChief
DirectFX
Min Deposit
Alvexo
—
xChief
$50
Lot Size
Alvexo
—
xChief
0.01
Spread Type
Alvexo
—
xChief
Floating
Execution
Alvexo
—
xChief
Market
Min Spread
Alvexo
—
xChief
0.3
Fee
Alvexo
—
xChief
$5 per 1 lot
Max Leverage
Alvexo
—
xChief
1:1000
Stop Out
Alvexo
—
xChief
30%
Margin Call
Alvexo
—
xChief
50%
Zero Account
Account Name
Alvexo
—
xChief
xPRIME
Min Deposit
Alvexo
—
xChief
$2000
Lot Size
Alvexo
—
xChief
0.01
Spread Type
Alvexo
—
xChief
Floating
Execution
Alvexo
—
xChief
Market
Min Spread
Alvexo
—
xChief
0
Fee
Alvexo
—
xChief
$6 per 1 lot
Max Leverage
Alvexo
—
xChief
1:1000
Stop Out
Alvexo
—
xChief
50%
Margin Call
Alvexo
—
xChief
100%
Cent Account
Account Name
Alvexo
—
xChief
CENT
Min Deposit
Alvexo
—
xChief
$1
Lot Size
Alvexo
—
xChief
0.01
Spread Type
Alvexo
—
xChief
Floating
Execution
Alvexo
—
xChief
Market
Min Spread
Alvexo
—
xChief
0.9
Fee
Alvexo
—
xChief
No
Max Leverage
Alvexo
—
xChief
1:500
Stop Out
Alvexo
—
xChief
30%
Margin Call
Alvexo
—
xChief
50%
Additional Features
Demo Account
Alvexo
xChief
VIP Account
Alvexo
xChief
Swap-Free Account
Alvexo
xChief
Copy Trading
Alvexo
xChief
VPS
Alvexo
xChief
PAMM/MAM Accounts
Alvexo
xChief
Funding and Fees
| Feature | Alvexo | xChief |
|---|---|---|
Base currencies | USD, EUR | USD, EUR, GBP |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Bank Transfer, SEPA, Credit/Debit Card, Cryptocurrencies (BTC, ETH, LTC, BCH, DOGE, USDT, USDC, DAI), Skrill, Neteller, Volet, FasaPay, WebMoney, Perfect Money |
Inactivity fee | Tiered up to $2 500/mo after 30 days idle | |
Interest on margin | ||
Withdrawal fee |
Base currencies
Alvexo
USD, EUR
xChief
USD, EUR, GBP
Deposit and withdrawal methods
Alvexo
Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill
xChief
Bank Transfer, SEPA, Credit/Debit Card, Cryptocurrencies (BTC, ETH, LTC, BCH, DOGE, USDT, USDC, DAI), Skrill, Neteller, Volet, FasaPay, WebMoney, Perfect Money
Inactivity fee
Alvexo
Tiered up to $2 500/mo after 30 days idle
xChief
Interest on margin
Alvexo
xChief
Withdrawal fee
Alvexo
xChief
Trading Platforms and Conditions
| Feature | Alvexo | xChief |
|---|---|---|
Trading Platforms | Alvexo WebTrader, Mobile | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | - | 10 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | low |
Trading Platforms
Alvexo
Alvexo WebTrader, Mobile
xChief
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Execution Speed
Alvexo
-
xChief
10 ms
Scalping
Alvexo
xChief
Expert Advisors (EAs)
Alvexo
xChief
Depth of Market (DOM)
Alvexo
xChief
Spread
Alvexo
high
xChief
low
Trading Assets
| Asset | Alvexo | xChief |
|---|---|---|
Currencies | 58 | 39 |
Indices | 15 | 10 |
Stocks | 330 | 100 |
Cryptocurrencies | 22 | 5 |
Bonds | 2 | 0 |
Metals | 5 | 2 |
Energies | 5 | 3 |
Soft Commodities | 4 | 0 |
ETFs | 12 | 0 |
Currencies
Alvexo
58
xChief
39
Indices
Alvexo
15
xChief
10
Stocks
Alvexo
330
xChief
100
Cryptocurrencies
Alvexo
22
xChief
5
Bonds
Alvexo
2
xChief
0
Metals
Alvexo
5
xChief
2
Energies
Alvexo
5
xChief
3
Soft Commodities
Alvexo
4
xChief
0
ETFs
Alvexo
12
xChief
0
Education and Analytics
| Feature | Alvexo | xChief |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Alvexo
xChief
Indicators
Alvexo
xChief
Robots
Alvexo
xChief
Signals
Alvexo
xChief
Autochartist
Alvexo
xChief
Expert Analytics
Alvexo
xChief
News Feed
Alvexo
xChief
Education Articles
Alvexo
xChief
Webinars
Alvexo
xChief
Seminars
Alvexo
xChief
Bonuses
| Bonus | Alvexo | xChief |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | — | 100%, up to $500 |
| Details | — | Learn More |
| No Deposit Bonus | ||
| Is available | ||
| Size | — | $100 |
| Details | — | Learn More |
Welcome Bonus
Is available
Alvexo
xChief
Size
Alvexo
—
xChief
100%, up to $500
Details
Alvexo
—
xChief
Contests
| Feature | Alvexo | xChief |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List | — |
|
Demo Contests
Is available
Alvexo
xChief
Contests List
Alvexo
—
xChief
- Gold WhaleStart Balance: $100 · Prize Pool: $5000 · Period: MonthlyLearn More
Customer Support
| Contact | Alvexo | xChief |
|---|---|---|
Email | support@alvexo.com | support@xchief.com |
Phone | +41449746327 | +6180936512 |
Facebook | — | |
LinkedIn | — | |
YouTube | YouTube | — |
Instagram | — | |
Twitter | — |
Email
Alvexo
xChief
Phone
Alvexo
xChief
Facebook
Alvexo
xChief
—
LinkedIn
Alvexo
xChief
—
YouTube
Alvexo
xChief
—
Instagram
Alvexo
xChief
—
Twitter
Alvexo
xChief
—
Which Broker is Better?
After comparing Alvexo and xChief, xChief 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.