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Plexytrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-06 17:40

Abstract:  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 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

Related broker

No Regulation
Plexytrade
Company name:Plexy Trade Ltd.
Score
1.95
Website:https://plexytrade.com
1-2 years | Suspicious Regulatory License | MT4 Full License | MT5 Full License
Score
1.95

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