WikiFX Visited Forex Broker Alvexo in Cyprus

Broker: Alvexo

Address: 1, Agias Fylaxeos Street, KPMG Center, 2nd Floor, CY-3025 Limassol

Visited by: WikiFX team

Conclusion: the broker truly exists

Broker’s background information:

Alvexo, owned and operated by VPR Safe Financial Group Limited (a limited liability company), is a forex and CFD broker licensed by the Cyprus Securities and Exchange Commission (CySEC). Headquartered in Cyprus on 1 Agias Fylaxeos Street, Limassol, Alvexo offers CFDs in more than 450 types of assets, including forex, stocks, commodities, indices and cryptocurrencies.

Official website of Alvexo

Geographical location

Located on the southern coast of Cyprus, Limassol is the country’s second largest city. In recent years, Limassol has attracted many forex brokers to register their businesses here due to a regulation less strict than most western countries.

Alvexo’s address from regulatory information

On-the-spot investigation

According to the address from regulatory information, WikiFX team arrived at 1, Agias Fylaxeos Street and saw from distance the striking logo outside KPMG, the office building where Alvexo is located. Later, we also saw Alvexo’s logo at the main entrance when we got closer, We called Alvexo through the door phone, but the receptionist politely turned down our request to visit.

KPMG building

The logo of Alvexo

KPMG’s main entrance

Alvexo’s sign outside the building

Summary:

Per investigation, we confirm Alvexo’s office in Cyprus really exists. According to WikiFX App, both the STP license from CySEC and EEA license from FCA held by Alvexo are valid, and investors interested in this broker may find out more about it on WikiFX website or App.

Alvexo is rated at 7.03 on WikiFX App

Up until now, WikiFX has recorded the profiles of around 16,000 forex brokers, and by typing in a broker’s name on WikiFX App, investors can easily look up detail information and visit report of the broker.