Comparison of Alvexo and Zulutrade
| Feature | Alvexo | Zulutrade |
|---|---|---|
| Broker | ||
| Year Founded | 2014 | 2007 |
| Broker Type | STP | Social |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | SFSA | HCMC |
| Platforms | Alvexo WebTrader, Mobile | ZuluTrade Web Trader, MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬈ High | ⬊ Low |
| Maximum Leverage | 1:400 | 1:500 |
| Minimum Deposit | $500 | $1 |
| Base Currencies | USD, EUR | USD, EUR, GBP, JPY, CHF |
| Funding Methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, crypto deposits (via supported brokers) |
| Inactivity Fee | Tiered up to $2 500/mo after 30 days idle | ✔ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | - | Investor Compensation Fund (ICF) |
| Protection Size | - | €20000 |
| 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, Cryptocurrencies, Commodities, ETFs |
| Review | Alvexo Review | Zulutrade 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 Zulutrade
Zulutrade is a social trading platform that connects investors with signal providers across multiple brokers. Users can follow and automatically copy top-performing traders, with advanced filtering tools, risk metrics, and portfolio management. Regulated in Europe and Japan, Zulutrade offers support for both retail and professional clients through brokers such as AAAFx and others, integrating with MT4, MT5, and ZuluTrade WebTrader.
Pros
- Wide range of signal providers with performance metrics
- Supports multiple brokers including AvaTrade, IC Markets, and Tickmill
- Regulated in EU with investor protection
- Advanced risk management and portfolio tools
- Mobile apps and web trader interface available
Cons
- Performance depends heavily on selected signal providers
- Complex fee structure (volume-based commissions from follower accounts)
- Limited educational materials compared to some competitors
- Copy-trading requires careful manual optimization
- Some brokers may have limited asset coverage
Alvexo & Zulutrade Regulation
| Feature | Alvexo | Zulutrade |
|---|---|---|
Companies | HSN Capital Group Ltd | FINVASIA Group company, ZuluTrade International Limited, ZuluTrade Group of Companies |
Countries | Seychelles | Cyprus, Greece |
Regulators | SFSA | HCMC |
Investor Protection | - | Investor Compensation Fund (ICF) |
Investor Protection Size | - | €20000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Alvexo | Zulutrade |
|---|---|---|
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 | ZuluTrade Account |
| Min Deposit | $10 000 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 2.2 | 0.4 |
| Fee | No | No |
| Max Leverage | 1:200 | 1:500 |
| Stop Out | 35% | 20% |
| Margin Call | 75% | 50% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | Alvexo | Zulutrade |
|---|---|---|
Base currencies | USD, EUR | USD, EUR, GBP, JPY, CHF |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards, PayPal, Apple Pay, Google Pay, Skrill | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, crypto deposits (via supported brokers) |
Inactivity fee | Tiered up to $2 500/mo after 30 days idle | |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Alvexo | Zulutrade |
|---|---|---|
Trading Platforms | Alvexo WebTrader, Mobile | ZuluTrade Web Trader, MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | - | 5 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | low |
Trading Assets
| Asset | Alvexo | Zulutrade |
|---|---|---|
Currencies | 58 | 70 |
Indices | 15 | 15 |
Stocks | 330 | 1000 |
Cryptocurrencies | 22 | 20 |
Bonds | 2 | 0 |
Metals | 5 | 4 |
Energies | 5 | 3 |
Soft Commodities | 4 | 5 |
ETFs | 12 | 50 |
Education and Analytics
| Feature | Alvexo | Zulutrade |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Alvexo | Zulutrade |
|---|---|---|
Email | support@alvexo.com | support@zulutrade.com |
Phone | +41449746327 | +302130117499 |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | ||
TikTok | — | TikTok |
Reddit | — |
Which Broker is Better?
After comparing Alvexo and Zulutrade, Zulutrade 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.