✔️ Information reviewed and updated in April 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in Alvexo. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Alvexo and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitealvexo.eu
🏠 CompanyVPR Safe Financial Group Ltd
RegulatoryCySEC
📧 Email[email protected] - [email protected] - [email protected]
📈 LeadingMT4
📌 DirectionKPMG Center, Level 2, 1 Agias Fylaxeos Street, 3025 Limassol, Cyprus

⚠️ Alvexo is owned by VPR Safe Financial Group Ltd, the company is located in Cyprus, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. ⚠️

Account types

Now we will analyze the types of accounts that Alvexo offers, in this case, we observe that it offers 4 different types of accounts:

Account typeMinimum initial deposit
classical€ 500
Gold€ 10,000
Premium€ 50,000
Elite-

Information on the web

Alvexo website

Alvexo provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, charts, educational section, really not much more than this.

List of phone numbers

  • Cyprus: +35725030482
  • UK +442037699390
  • France: +33170702067
  • Romania: +40312295319
  • Spain: +34937370873
  • South Africa: +27105918888
  • Italy: +390294752724
  • Sweden: +46812111141
  • Germany: +493021783953

🚫 Final evaluation of Alvexo 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Alvexo.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about Alvexo:

Date Update – news
-No news at the moment

User Reviews

[democracy id = ”357 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with .

At the end of the review you will find customer comments.


How to Claim Money Scammed by Alvexo

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Alvexo

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report Alvexo?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Alvexo a scam – is it a scam?

Yes. We believe that Alvexo is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is Alvexo trustworthy?

No. Alvexo is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from Alvexo?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to Alvexo?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

36 comments on «Is Alvexo a scam? Opinions»

  1. JULY Reply

    Hi, I'm Julio, with these people, invest $1200 with an advisor, a certain Jesús, and one day he told me to invest that money in Cafe shares, I did, and after a few days everything was lost, I wrote to him and he replied to invest another $1200 to recover the above and since I did not do it, I was bad tempered and later he did not answer me again, I consider that they are scammers

    • Recommended-brokers.com Reply

      Hello JULIO, thanks for writing about Alvexo. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

    • Recommended Brokers Reply

      Hello Carl, the best thing is to gather the maximum number of data and experiences in this forum, so that we can obtain a lot of information about them and thus be able to close your business

      Greetings.

  2. Pablo Reply

    I was also contacted by Patricia Gómez and another motherfucker Claudio López, both of them were thieves trained to steal and steal and lie and get you to trust them and steal your money. Its only purpose is to steal the largest amount of money from you as quickly as possible.

    And why don't we all join in denouncing this gang of thieves?

    • Recommended Brokers Reply

      Hello Pablo, we must try to discover where they are really located, from where they are calling. Thank you for sharing your experience with Alvexo. This broker is not to be trusted, it is a SCAM, cancel everything and rescue your money, I don't think they will return it but you always have the option to rescue through our chat.
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      You can try to get your money back through the CHAT on this website or through this link:

      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      Greetings.

  3. Nestor Reply

    They send me emails to open an account from [email protected] website alvexo .eu

    but already seeing all these comments I will not deposit a penny. Thanks for the comments and warnings. Greetings

  4. MILU Reply

    Hi, well, I was filling in my card details, but I decided to look for more ... and thanks to your comments I did not make the deposit, in my case my name is a Colombian, and if the same comments that you made to me too. they should make more public in any case to this type of scam companies ..

    • Recommended Brokers Reply

      Hello Milu, thank you for writing, that is what we try, we want to make known all the brokers like Alvexo that SCAM to their clients.

      regards

  5. Recommended Brokers Reply

    Hello Jessica, your information and the decalogue about the most common traps and tactics of the Brokers that SCAM is very interesting, it should be learned by each investor and become a STANDARD, that is why we are convinced that your contribution when shared with All our readers will help avoid many frauds, scams and deceptions by brokers.
    For this reason we think it is of the utmost importance that all those affected by these brokers report it through our portal and expose the brokers who have scammed them by writing their experiences, whether good or bad and that in this way it can be uncovered from where the deceptions are committed, who is involved and that everyone knows about it.
    As you well know, we offer on our website the option of being able to RECOVER ALL or PART OF THE MONEY with a company that is specialized in it and that has proven to be very effective, those affected can speak in the CHAT that we have on the web or by reviewing this link: CLAIM YOUR MONEY, WE HELP YOU.

    Greetings.

  6. Hernán Reply

    Good morning I am Hernán 0rdoñez, what happened to Mr. José Luis Pertuz and almost the majority also happened to me. I was attracted to a publication of bit Coín, it was where they showed some people giving their successful testimonies regarding what they were doing to earn money easily and safely, due to the situation in which I found myself due to the pandemic crisis , I saw as an opportunity to earn money to cope with the situation, I gave my personal information such as email, cell number, name, etc. An hour later, Mrs. Patricia Gómez, an Argentine accent, contacted me, who spoke wonders of the company and gave me guarantees that my investment would be fruitful and that the risks of losing would be very low thanks to the experts who would be guiding me. Throughout the process, I told him that I knew absolutely nothing about this type of thing, he told me not to worry that it was the easiest thing in the world that even a 5-year-old could do it as if he were a professional. With all this talk that he threw me I got tangled up and fell like many. I made the investment of 250 USD, which was the amount I requested to open the account. While not making the deposit, he constantly called me, sent me emails, etc. After I made the consignment, he called me again and told me that from now on he would assign me to my account advisor and that he would be the one who would guide me throughout the process, indeed the next day the advisor called me, who said his name was Claudio López. , also an Argentine voice accent, he explained very quickly and with financial terms that I did not understand at all and when I told him to explain me better because I had no knowledge of the business, he responded with displeasure and with a tone of voice that was very inappropriate for me Afterwards he did not call again or answer the emails, neither he nor she, I started to rehearse on the Demo account, and when I had already learned a little about how to do it, I started to operate in real but there everything was different despite I was investing very minimal balances, the losses were exaggerated, that's where I felt scammed, I wanted to withdraw my remaining balance, which was 150 USD, but they did not allow it, arguing that in order to do so, I would have to trade and make twice as muchwhat there was so far, as who says you can never withdraw them because if it reached 300 USD then they would tell me that I would have to do 600 and thus something never ending while they steal your money. And they are so blatant that when my account was stolen they called me to suggest that I invest more money to recover what was lost. Anyway, they are the worst. Good series that they were prosecuted for scam and misleading advertising. That's my experience with the Alvexo thieves.

    • Recommended Brokers Reply

      Hello Hernán, thank you for sharing your experience with Alvexo. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      You can try to get your money back through the CHAT on this website or through this link:

      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      Greetings.

  7. mariangel Reply

    I was about to invest with them but seeing their comments it is clear to me that it is better not to do so

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