B

Alvexo

7.2/10

Bittrex

6.4/10
10/10WinnerRegulation3/10
1/10FeesWinner6/10
8/10PlatformsWinner9/10
10/10Education & ResearchTied10/10
8/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

Alvexo was founded in 2014 and is headquartered in Cyprus, while Bittrex was established in 2010 and is based in South Korea. Alvexo holds licences including Australian Securities and Investment Commission (ASIC), while Bittrex is regulated by Securities and Exchange Commission (SEC) among others. Alvexo serves 10,000+ clients worldwide; Bittrex has 10,000+. The minimum deposit is $500 at Alvexo and $100 at Bittrex.

Alvexo wins this category
FeatureAlvexoBittrex
Min. Deposit$500$100
RegulationAustralian Securities and Investment Commission (ASIC), licenced in Australia and Hong Kong for stockbroking and corporate finance activities, Financial Services Authority of Seychelles with License Number SD030Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
Founded20142010
CountryCyprusSouth Korea
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alvexo and Bittrex, directly affecting your bottom line as a trader. Bittrex has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Alvexo). Neither broker charges withdrawal fees. Bittrex charges deposit fees; Alvexo does not. Overall, Bittrex scores higher on fees in our assessment.

Bittrex wins this category
FeatureAlvexoBittrex
Min. Deposit$500$100
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

Alvexo offers MT4, cTrader, a proprietary platform, while Bittrex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bittrex edges ahead on platform breadth and functionality in our scoring.

Bittrex wins this category
FeatureAlvexoBittrex
MT4YesYes
MT5NoYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, cTrader, Mobile AppsMetaTrader 4, cTrader Platform

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alvexo and Bittrex compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureAlvexoBittrex
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Alvexo accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill), while Bittrex supports 2 (bank transfer, credit/debit card). Alvexo uniquely supports PayPal and Skrill among the two brokers. Alvexo scores higher on deposit and withdrawal flexibility.

Alvexo wins this category
FeatureAlvexoBittrex
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Alvexo and Bittrex offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureAlvexoBittrex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese