1} Who is the broker
Trading name:
Alvexo
Domain(s):
– www.alvexo.eu (approved in EU)
– www.alvexo.fr (approved in EU)
– www.alvexo.de (approved in EU)
– www.alvexo.it (approved in EU)
– www.alvexo.com (offshore)
Legal entity:
VPR Safe Financial Group Limited
VPR Safe Financial Group UK Limited
HSN Capital Group Ltd
Jurisdiction(s):
Cyprus, United Kingdom, Seychelles
Location:
∆ 1, Agias Fylaxeos street, 3025 Limassol, Cyprus
∆ 1 Kings Avenue, London, United Kingdom, N21 3NA
∆ HIS Building, Office 5, Providence, Mahe, Seychelles
Regulated and supervised by:
Cyprus Securities and Exchange Commission (CySEC) – License number CIF 236/14
Financial Services Authority of Seychelles (FSA) – License Number SD030
Services offered:
Online trading and investment platform
Working through MetaTrader4
Forex, Commodities, Cryptocurrency, Indices
2} User opinion panel
We rely on our partners Broker-Forex and Forex Peace Army, as well as TrustPilot to gather user experience regarding a specific broker. We aim to put the light on unsatisfactory and inadequate experiences as misbehaviors on the broker’s end are prohibited when regulated by a financial authority.
“Unfortunate experience
Bad experience. I traded with Alvexo since 2017. I lost a lot by being inexperienced et uninformed, and that was on me. Recently I started to make profit. I was right away ‘warned’ that I was doing “scalping” and that it was an “illegal” practice. With no further information my profits from 4 years (but not the losses) were cancelled and Alvexo put in their pockets all of the funds on my portfolio : almost 8000 EUR. So I “relost” my money already lost with them in 2018. Unbelievable but true with Alvexo.“
https://fr.trustpilot.com/reviews/629fd0a00031539b6139043e
3} In relation to our Law Firm
Law firm Mikov & Attorneys has represented and accompanied numerous victims against this broker. We still are taking on cases involving Alvexo in Europe and are confident in our expertise in regard to out-of-court resolution of disputes involving this broker.
We successfully represented and advised about ten individuals who found themselves in a dispute with Alvexo. If you are trading with this broker and believe to be the victim of potential non-compliant or illegal practice, contact us.
If you are interested in learning more about this broker, check out the articles we published already:
Disclaimer:
The Financial Fraud Lawyers network aims to inform private investors (traders) of potential malpractices by Forex and CFD brokers. Our mission is to assist and protect traders when they encounter brokerage practices that go against their interests.
Our articles are intended to warn, share and inform the public about the legal risks of Forex and its players. Trading financial products and CFDs as well as investing on online platforms carry legal risks.
The article was written in good faith, based on public information and client testimonials valid at the time of publication. Our articles concern the protection of the interests of individuals on online investment platforms and are published in accordance with our right to inform the public about our activity. This article is not to be considered legal advice.