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Alvexo vs Bullwaves

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick Alvexo leads on safety — winning 4 of 5 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Alvexo Forex
30/100 risk
🇸🇨 Seychelles
Read review →
Bullwaves
49/100 risk
🇸🇨 Seychelles
Read review →
Safety & Trust
Scam-risk score lower = safer
30
49
Verdict
Guarded
Guarded
Regulated
Yes
Yes
Licenses
2
1
Tier-1 regulators
1
0
Trustpilot score
2.3
3.7
Reviews collected
675
669
Exit risk lower = safer
Severe
Known clones
1
1
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$500
$100
Max leverage
1:400
1:500
Min spread (best acct)
from 0.1
from 0.1
Commission
Cost grade
Account types
4
3
Best for
Suits
Traders comfortable with higher risk and willing to test small payouts first, Those who value responsive live chat and fast account setup
Not for
Retail traders with limited capital, Risk-averse investors, Traders prioritizing reliable withdrawals
Traders prioritizing guaranteed withdrawal reliability, UK-based clients (negative reviews mention regulatory concerns), Traders with large profits expecting timely payouts
Products & Funding
Instruments
Currencies, Commodities, Indices, Bond's, Europe & US stocks, Cannabis stocks
350+
Deposit methods
--
Withdrawal
--
Execution
Speed
Slippage
Swap cost
Company
Founded
2018-11-21
2024-01-22
Headquarters
🇸🇨 Seychelles
🇸🇨 Seychelles
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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