Alvexo
justforex
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Overview
Alvexo was founded in 2014 and is headquartered in Cyprus, while justforex was established in 2010 and is based in UK. Alvexo holds licences including Australian Securities and Investment Commission (ASIC), while justforex is regulated by Financial Conduct Authority (FCA) among others. Alvexo serves 10,000+ clients worldwide; justforex has 1,000,000+. The minimum deposit is $500 at Alvexo and $250 at justforex.
| Feature | Alvexo | justforex |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Australian 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 SD030 | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F265 |
| Founded | 2014 | 2010 |
| Country | Cyprus | UK |
| Clients | 10,000+ | 1,000,000+ |
Fees
Fees are a critical factor when choosing between Alvexo and justforex, directly affecting your bottom line as a trader. justforex has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Alvexo). justforex charges withdrawal fees while Alvexo does not, giving Alvexo an edge for frequent withdrawers. Overall, Alvexo scores higher on fees in our assessment.
| Feature | Alvexo | justforex |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Alvexo offers MT4, cTrader, a proprietary platform, while justforex supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. justforex supports social and copy trading features, which Alvexo does not offer. Alvexo edges ahead on platform breadth and functionality in our scoring.
| Feature | Alvexo | justforex |
|---|---|---|
| MT4 | Yes | No |
| MT5 | No | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, cTrader, Mobile Apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Alvexo and justforex 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. Alvexo scores higher overall in education and research.
| Feature | Alvexo | justforex |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
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 justforex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). justforex uniquely supports Neteller among the two brokers. justforex scores higher on deposit and withdrawal flexibility.
| Feature | Alvexo | justforex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Alvexo and justforex offer live chat support. Both provide phone support. Email support is available at both brokers. Alvexo supports 2 languages and justforex supports 8, giving justforex broader global reach. Both brokers are comparable on support quality.
| Feature | Alvexo | justforex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |