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Home -
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Plexytrade -

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Plexytrade

Saint Lucia | 1-2 years |
Suspicious Regulatory License | MT4 Full License | High potential risk

https://plexytrade.com

Website
Open Account Time Machine

Rating Index

MT4/5 Identification

MT4/5

Full License

PlexyTrade-Demo

United Kingdom
MT4
9

Influence

B

Influence index NO.1

Netherlands 6.36

MT4/5 Identification

MT4/5 Identification

Full License

9
Server Name
PlexyTrade-Demo MT4
Server Location United Kingdom

Influence

Influence

B

Influence index NO.1

Netherlands 6.36
Surpassed 19.40% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+382 68 04 3222
support@plexytrade.com
https://plexytrade.com
Top Floor, Rodney Court Building, Rodney Bay Gros Islet, Saint Lucia

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-07-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic Information

Registered Region
Saint Lucia
Operating Period
1-2 years
Company Name
Plexy Trade Ltd.
Customer Service Email Address
support@plexytrade.com
Contact Number
+38268043222
Company Website
https://plexytrade.com
Account
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Company Summary
News
Comment
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Website

plexytrade.com
104.26.10.196
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Company Summary

Plexytrade Review Summary
Founded2016
Registered Country/RegionSaint Lucia
RegulationNo Regulation
Market InstrumentsForex pairs, Indices, Stocks CFDs, Commodities, Cryptocurrencies
Demo Account/
LeverageUp to 1:2000
SpreadStarting from 0 pips
Trading PlatformMT4, MT5, TradeLocker
Minimum Deposit$50
Customer SupportTel: +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.

Plexytrade's homepage

Pros and Cons

Pros Cons
MT4 and MT5 availableLack of regulation
Low to zero commissionsNo 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.

No license
Domain information

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❌
What Can I Trade on Plexytrade?

Account Type

Plexytrade offers four account types: Micro, Silver, Gold Raw, and Platinum.

Account TypeMicro Silver Gold RawPlatinum
Available Base CurrenciesUSD, EUR
Minimum Deposit$50$300$300$10,000
Maximum Leverage1:20001:5001:400
SpreadFrom 0.7 pipsFrom 0.0 pips
FX Commission❌$2 ($4 round turn) per lot$1 ($2 round turn) per lot
Micro Lot Trading✔
Max Lot Size Per Order55080
EAs / Scalping / Hedging / News Trading Allowed✔
Stop Out level20%
Min Stop Distance0
7-day Swap-free❌✔
Free Funding✔
VPS Available✔
Negative Balance Protection✔
Personal Account Manager❌✔
Account comparison

Leverage

Plexytrade offers high leverage up to 1:2000.

Account TypeMicroSilverGold RawPlatinum
Maximum Leverage1:20001:5001:5001:400

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.

FeatureMicro AccountSilver AccountGold RawPlatinum
SpreadFrom 0.7 pipsFrom 0.0 pips
FX Commission (per lot)0$2 ($4 round turn)$1 ($2 round turn)
7-day Swap-free❌✔

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Windows, macOS, iOS, Android, WebBeginners
MT5✔Windows, macOS, iOS, Android, WebExperienced traders
TradeLocker✔Windows, mobile/

Deposit and Withdrawal

Plexytrade requires a minimum deposit of $50 for Micro Accounts.

Deposit Options

Deposit Options Minimum DepositDeposit Fees Deposit Time
CONFIRMO50 USD/EUR0Instant
Crypto
Deposit

Withdrawal Options

Withdrawal Options Minimum Withdrawal Withdrawal Fees Withdrawal Time
CONFIRMO15 USD/EUR/1-2 business days
Crypto75 USD/EUR/
Withdrawal

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • MT4 Full License
  • MT5 Full License
  • High potential risk

News

Plexytrade: Something You Need to Know About This Broker

Exposure Plexytrade: Something You Need to Know About This Broker

Plexytrade is a relatively new entrant in the forex trading market, having been operational for less than a year. The broker is registered in Saint Lucia and offers a wide array of market instruments, including forex, indices, commodities, cryptocurrencies, and stocks. However, it is important to note that Plexytrade currently operates without any valid regulatory oversight.

2024-07-11 17:18

User Reviews 2

All (2) Positive (1) Neutral (1)
FX2303352174
Within 1 year
Neutral
ehh
My experience with PlexyTrade has been similar to that of other brokers offering 500:1 leverage, but without the excessive commissions. While spreads do increase with volume, I haven't noticed anything out of the ordinary. I've successfully withdrawn $600 and haven't encountered any issues. However, I am concerned that a friend was unable to create an account, and I couldn't even set up a demo account. This raises red flags, suggesting that they may be limiting the number of trading accounts on their servers, but I'd rather that be the case than a problem with funding.
02-05

United States
robin2018
1-2 years
Positive
Plexytrade Acquires LQDFX in 2024: Smooth Transition, Enhanced Mobile Trading Experience
Plexytrade bought out LQDFX in 2024 and moved a lot of the employees over to Plexy. The service has been seamless, and they support mobile Metatrader 4 which is awesome. They have been super easy to work with. Crypto in/out only. Takes USA clients.
2024-06-19

United States
No more
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