A pending buy order with the value placed above the market price. If the ask price reaches the specified level, a long position is opened. The amount of securities purchased at that price (lot size) will usually be specified alongside. Securities, currencies, commodities, derivatives, indices or any other trading/investment resource whose value may change. At Alvexo we combine a two-pronged approach that is at the forefront of technological and platform innovation to deliver what traders need most — long term trading satisfaction. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
A transaction that is immediately executed based on the asset value currently quoted in the platform. Money placed into an account as savings or as the principal on an investment to accrue interest or profit. In leveraged trading, a margin deposit is a portion of one’s total account reserves used as collateral when holding open a position. The extension of financial resources to be repaid at a later date. In foreign exchange trading, the transfer of positive interest differential in the investor’s favour to his/her account following a successful transaction (closing a position). Alvexo was founded in 2014 as a brand of VPR Safe Financial Group Limited, a CIF (Cyprus Investment Firm) company.
Account types available for traders on Alvexo
The second currency quoted in a currency pair, it is the currency for which one unit of base currency can be traded, and equal to the pair’s value. Used for informative purposes, a quote is an indication of what real market value equals. In Forex, ‘quote’ can also refer to bid and ask prices as they appear in a currency pair.
Financial volatility describes the price fluctuation of a financial instrument from its average price. Historical volatility computes this over a given time period, whereas implied volatility is the momentary measurement of the deviation. The foreign exchange market is global, decentralized and not bound by time constraints.
Alvexo Review – A Forex broker with hefty spreads and high initial deposit requirements
- At a glance you’ll be able to search assets using the top right magnifying glass or switch between your favourites watchlist, popular assets and your open positions.
- At Alvexo we combine a two-pronged approach that is at the forefront of technological and platform innovation to deliver what traders need most — long term trading satisfaction.
- A brokerage, bank or financial institution that quotes both buy and sell prices on financial instruments in which it participates, profiting from the price spread differential.
Investment brokers buy assets from clients who wish to close their positions, and sell the same assets to those who want to buy. The spread is measured in pips, and generally a smaller, or narrower, spread is more beneficial. There are fixed spreads, variable spreads and some that are a mixture of both.
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Customer support is limited only to email, phone, and an online form that can be found on the website in the “Contact” section. The broker provides phone number lists for different countries for convenience. The lack of a live chat is a serious downside for any brokerage firm as clients will need substantial time or undergo extra costs to contact the broker in case issues arise during trading. Support is available in several different languages including English, French, Spanish, etc. The website is also multilingual and supports 6 languages in total. These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency.
Gaps are defined as either full or partial, and either up or down. They can also be classified as breakaway, exhaustion, common or continuous. A type of investment based on regular and fixed payments by the borrower. A fixed-income security thus provides periodic payments (coupon) and (usually) the return of the principal upon the security’s maturity. Such securities generally offer a lower return on investment (ROI), since income is pledged.
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It is hard to avoid gaps if the market is extremely volatile or the broker’s provided price data is not of high quality, therefore we assume the broker does not offer negative balance protection. A pip is the basic unit of measurement for foreign exchange trading. One pip represents 1/10,000 of a point in every currency except the Yen, where it represents 1/100 of a point. Changes in price, spreads, lot sizes and more are measured in pips.
Technical analysis includes looking at graphs of prices and other indicators and identifying patterns (such as the head and shoulders pattern) to attempt to forecast future price moves. The monetary difference between a country’s import and export values. If positive, referred to as a surplus, if negative – a trade deficit. Identifying, assessing and prioritizing risks in order to maximize the potential benefits or gains of an investment and minimize potential damage or loss. Hedge fund managers will typically offset riskier investments with low-risk instruments or assets with matching derivatives.
A technical method for setting support and resistance levels based on Fibonacci ratio divisions of the distance between upper and lower levels on an asset’s price chart. The ratio sequence – named after the 12th century Italian mathematician – is obtained by adding two subsequent numbers to derive the next sequential number. The difference between the market price of a security and its face value, in this case, the price quoted in a company’s officially registered documents. The basic currency transaction is comprised of two currencies involved in a currency change – one being sold, the other being purchased. A currency pair’s value is measured by the base currency (the first one quoted) divided by the quote currency (the second), denoting how much of the latter is valued against a single unit of the former.
The point at which an investment aimed at generating revenue sees returns, equaling the cost of entering the investment. Investor behaviour, or a market, may be described as bearish when values begin to fall. A bearish belt hold refers to a candlestick pattern that characteristically forms towards the end of a ‘bullish’ market, signalling entry into a bearish market. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
National central banks in the Euro zone are shareholders in the ECB, alongside other financial institutions. With over 1,900 instruments traded, the European Exchange, run by the German Bourse, is the largest dealer of European derivatives in the world and one of the most technologically innovative. The permission given to a broker by an investor to buy or sell beyond the limits of a limit order, based on the broker’s perception of the trading environment. Closing out an existing position in a financial instrument with an opposing transaction. The price at which a security closes at the end of a trading session, remaining at that level until the commencement of trading on the following trading session. Contract for Difference; a derivative contract between a buyer and a seller, wherein the seller will pay the buyer the difference between an asset’s current value and its value at a defined closing time.
Trading platforms and mobile trading reviewed at Alvexo
- The permission given to a broker by an investor to buy or sell beyond the limits of a limit order, based on the broker’s perception of the trading environment.
- We suggest not proceeding with the registration process to avoid potential attacks and security breaches.
- Trading out of hours can bring with it less trading volume and wider spreads.
- Opening a transaction – initiating a transaction – that will later be closed, the relative prices at both points dictating profit or loss on that transaction.
- A position that becomes profitable if the market price of an asset falls.
These conditions are usually defined by a 20% move lower from highs over a specified period of time. The practice simulator is a great way for traders to try new strategies and platforms in a risk-free environment. The Alvexo trader is our new browser-based platform built to offer fast execution, advanced charting, and trading tools to satisfy the needs of both inexperienced and experienced traders. Get access to a vast range of popular eBooks on trading, financial markets, investing and much more from a leading education driven broker. The broker is licensed under the Seychelles Financial Services Authority.
Based on fundamental analysis, investors try and determine if an instrument’s market price is undervalued or overvalued relative to alvexo forex broker intrinsic value. The amount of funds held by a financial entity (or its net value) after all liabilities have been paid. In margin trading, the total amount deposited by an investor from which collateral against a trade is set aside. For active traders, in particular, the higher account tiers offer low trading fees and a wide range of financial instruments.