Company Summary
| Plexytrade Review Summary | |
| Founded | 2016 |
| Registered Country/Region | Saint Lucia |
| Regulation | No Regulation |
| Market Instruments | Forex pairs, Indices, Stocks CFDs, Commodities, Cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:2000 |
| Spread | Starting from 0 pips |
| Trading Platform | MT4, MT5, TradeLocker |
| Minimum Deposit | $50 |
| Customer Support | Tel: +382 68 04 3222 |
| Email: support@plexytrade.com | |
Plexytrade Information
Plexytrade is an unregulated broker offering trading on over 100 instruments, including forex, indices, stocks CFDs, commodities, and cryptocurrencies. It provides high leverage up to 1:2000, competitive spreads from 0 pips, and supports MT4, MT5, and TradeLocker platforms, with a minimum deposit of $50.
Pros and Cons
| Pros | Cons |
| MT4 and MT5 available | Lack of regulation |
| Low to zero commissions | No 7-day swap-free for micro account |
| Low minimum deposit |
Is Plexytrade Legit?
Plexytrade is an unregulated broker. The WHOIS search shows that the domain plexytrade.com was registered on June 09, 2016; updated on January 22, 2024; and will expire on June 09, 2027.
What Can I Trade on Plexytrade?
Plexytrade offers trading on over 100 assets, including forex pairs, Indices, Stocks CFDs, Commodities, and Cryptocurrencies.
| Tradable Instruments | Supported |
| Forex pairs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stock CFDs | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Plexytrade offers four account types: Micro, Silver, Gold Raw, and Platinum.
| Account Type | Micro | Silver | Gold Raw | Platinum |
| Available Base Currencies | USD, EUR | |||
| Minimum Deposit | $50 | $300 | $300 | $10,000 |
| Maximum Leverage | 1:2000 | 1:500 | 1:400 | |
| Spread | From 0.7 pips | From 0.0 pips | ||
| FX Commission | ❌ | $2 ($4 round turn) per lot | $1 ($2 round turn) per lot | |
| Micro Lot Trading | ✔ | |||
| Max Lot Size Per Order | 5 | 50 | 80 | |
| EAs / Scalping / Hedging / News Trading Allowed | ✔ | |||
| Stop Out level | 20% | |||
| Min Stop Distance | 0 | |||
| 7-day Swap-free | ❌ | ✔ | ||
| Free Funding | ✔ | |||
| VPS Available | ✔ | |||
| Negative Balance Protection | ✔ | |||
| Personal Account Manager | ❌ | ✔ | ||
Plexytrade offers high leverage up to 1:2000.
| Account Type | Micro | Silver | Gold Raw | Platinum |
| Maximum Leverage | 1:2000 | 1:500 | 1:500 | 1:400 |
Plexytrade Fees
Plexytrade offers competitive spreads starting from 0.0 pips on Gold Raw and Platinum accounts, charges zero FX commission on Micro and Silver accounts, and provides 7-day swap-free trading on Silver, Gold Raw, and Platinum accounts.
| Feature | Micro Account | Silver Account | Gold Raw | Platinum |
| Spread | From 0.7 pips | From 0.0 pips | ||
| FX Commission (per lot) | 0 | $2 ($4 round turn) | $1 ($2 round turn) | |
| 7-day Swap-free | ❌ | ✔ | ||
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, macOS, iOS, Android, Web | Beginners |
| MT5 | ✔ | Windows, macOS, iOS, Android, Web | Experienced traders |
| TradeLocker | ✔ | Windows, mobile | / |
Deposit and Withdrawal
Plexytrade requires a minimum deposit of $50 for Micro Accounts.
Deposit Options
| Deposit Options | Minimum Deposit | Deposit Fees | Deposit Time |
| CONFIRMO | 50 USD/EUR | 0 | Instant |
| Crypto |
Withdrawal Options
| Withdrawal Options | Minimum Withdrawal | Withdrawal Fees | Withdrawal Time |
| CONFIRMO | 15 USD/EUR | / | 1-2 business days |
| Crypto | 75 USD/EUR | / |
