ThinkMarkets Forex Broker: Review and Customer Opinions

bad experience
account types

Will update you more abt my experience on the site. One of the most secure sites I traded in and I’ve worked with quite a few. They provided the support I needed as a beginner and the platform works easily.

calling

Moreover, you could expect some advanced https://forex-reviews.org/, like at least some calculators. They seem to put true effort into improving their customers’ understanding of the markets. Note that they can still improve in withdrawal speed. Nothing out of the ordinary, but since they are exceptional in so many aspects, I guess they should also stand out in this aspect as well. The only broker that provides traders with trading signals clients can rely on.

It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. First of all it’s rather big initial deposit requirement. 500 euros is not very affordable, especially for beginners.

What can you trade with ThinkMarkets?

Have no issues with it since I opened an account. Another user, Alex Bold, states that ThinkMarkets is a scam. The user has been trading for over a year with the company and everything seemed to be okay. However, for more than 3 months he has experienced terrible slippage and lost a lot of funds. According to Trustpilot, 54% of all reviews are “Excellent” and 20% are “Bad”. This is not a bad ratio, so we can suppose that the company is legit.

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Labeled Verified, they’re about genuine experiences. Thank you for taking the time to write a review about Alvexo. In regards to your comments, kindly be informed that we could not detect you on our database.

Although Alvexo’s web trader is finely…

Alvexo is a small broker registered in Seychelles, which is to say, it’s really unknown where they came from. Not a great start of a relationship, but they are generally legitimate, unlike so many other brokers. Barring the financial nonsense and occasional withdrawing problems, Alvexo is an alright experience.

Alvexo Plus section also has a bunch of theoretical material both for practical uses and to learn more about trading and investing. It’s usually some sort of guilt tripping to make you continue trading with them. Given that you already have to pay them a lot, it’s nothing less than extortion.

Alvexo Forex broker review: What features are there?

During several years, the company has also opened offices in South Africa, the UK, and the USA. Nevertheless, Canadian and American residents still cannot open an account with this broker. They publish them regularly, and the books usually cover the upcoming events for the respective months about which the books have been written. The older books only covered the yearly outlooks, and these are still being published, although the monthly projections are much more useful. Both are very helpful if what you want is an analytical and highly strategic approach to trading. This info goes well with the trading signals system.

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We are happy that you have chosen Alvexo as your financial broker. We work very hard to offer the best possible service and assistance to our clients. Please note that your opinion about Alvexo is valuable as we strive to provide our clients with the best possible services and support.

I got to know this company during the…

That isn’t exactly logical, but they must have their alvexo review to restrict people this way. This deal also opens up a bond trade for you, which is one of the key subtypes of the trading in CFDs. The blog and other informative material is another good feature that might brighten your day up.

The problem is that you won’t be able to do it right away, and you have to cough up some money before they allow you to, say, trade in stocks. We use dedicated people and clever technology to safeguard our platform. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. It’s so nice that Alvexo offers varied accounts that can fit any kind of trader, at any level of expertise. I started off with a Classic account and eventually upgraded all the way through to Prime account. I felt that all three accounts I used were very beneficial to me.

  • Alvexo is a Regulated Global Investments Brokerage.
  • All the profits were left on the account and the company refused to send the profits to the user.
  • However, the spreads are much wider than in other types because they cover for the fee absence.
  • However, in two years, the headquarters were moved to Melbourne, Australia.
  • However, the support specialists appeared to be unqualified and could not help with many issues.

The blog is a collection of articles written by the professionals about all sorts of trading topics. You can find a lot of new and useful knowledge here, but they are largely optional. The news is informative and can give you an idea of what’s on, but you’ll have to make conclusions for yourself. The economic events are a variety of what’s called an ‘economic calendar’ elsewhere. Here, the events are given days before they happen and the compilers actually try to predict how the specific events will affect the currencies. Which one to pick is up to you, it’s basically the choice between simplicity and effectiveness.

As a beginner in trading

Empirically speaking, the spreads are pretty high – at least 2.9 pips on the first account type. They are decreasing as you pay more, but they are still pretty high comparatively. And don’t forget you’ll still have to pay commission and transfer fees. Regretfully, Alvexo does not offer its services in Canada. This is likely because it is not regulated here, and cannot process payments.

The minimum deposit is not big, so you can test the service without losing a lot of funds if it appears to be uncomfortable. Although more and more people are talking about cryptocurrencies and trading, there still are a lot of companies that try to deceive their customers. Sometimes, it is almost impossible to tell the difference between a legit service and a fraud. That is why we have prepared a ThinkMarkets review. You can find it in the ‘news’ and ‘economic events’ sections.

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While it might be true, the complaint is highly relative, both in contrast to other personal experiences and to the other features on Alvexo . Given that a lot of reviews are strictly positive, Alvexo doesn’t always provide bad experience – just regularly. When this is true, you can justify the initial lack of something as a part of the learning curve. First you earn some money trading easy, and then go on to some harder products and more pro-grade tactics and instruments. They are an all-purpose broker, so it’s not just Forex. Here, you can invest into all sorts of products.