PLEXYTRADE Review

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PlexyTrade is a new broker offering CFDs through MT4 and MT5, with tight spreads and over 100 financial instruments, including 41 Forex pairs, equity indices, commodities, and 8 cryptocurrency pairs.

■ Foundation: PLEXYTRADE was founded in 2024 (After a merger with LQDFX)

■ Headquarters: PLEXYTRADE is domiciled in St Lucia & Montenegro (physical base)

 ■ US/EU Residents: They forbid both US and EU traders –NO-

■ Swap-Free Accounts: -NO-

■ Regulated: PLEXYTRADE is not regulated -NO-

■ Client Bank Account Segregation: They claim that their client's funds are completely segregated, off the balance sheet. -YES-

■ Negative Balance Protection: -YES-

■ Website Languages: English, Spanish, and Persian

■ Customer Support: 24/5 via email

PLEXYTRADE REVIEW SUMMARY

■ Broker Type: Trading CFDs

■ Trading: Forex Currencies, Indices, Commodities, and Crypto

■ Platforms: MT4, MT5, and WebTrader

■ Trading Time Zone: GMT

■ Demo Account: -YES-

■ Min. Spread on EUR/USD: 0.7 pip plus $4.0 per full traded lot

■ Leverage: The Max trading leverage is 400:1 (VIP Account) and up to 2000:1 (Micro Account)

■ Scalping/Auto-Trading: Scalping and Automated trading are fully allowed

■ Minimum Account: $50 (Micro Account)

■ Fund Methods: Only Confirmo & Cryptocurrencies (at the time of the review)

🔗 Visit the PlexyTrade Website

 

💱 PLEXYTRADE TRADING ASSETS

PLEXYTRADE offers the following assets:

■ Forex Trading: 40+ Forex Pairs

■ Stocks & Indices: 50+ EU and US stocks

■ Commodities: Metals, Energies, Agricultural Commodities

■ Cryptocurrencies: 8 crypto pairs

PLEXYTRADE TRADING SPREADS

These are the spreads and trading commissions charged by PLEXYTRADE:

■ PLEXYTRADE minimum EURUSD spread is 0.7 pip, plus $4.0 per full traded lot {Swaps Long/Short: -$6.05/+$2.85}

■ PLEXYTRADE minimum USDJPY spread is 0.8 pip, plus $4.0 per full traded lot {Swaps Long/Short: -$1.38/+$1.38}

■ PLEXYTRADE minimum GBPUSD spread is 0.7 pip, plus $4.0 per full traded lot {Swaps Long/Short: -$2.33/+$0.97}

 

PLEXYTRADE TRADING PLATFORMS & MOBILE

Click the following slider to find information about their platforms.

 

PLEXYTRADE NEW ACCOUNT INFORMATION

Minimum Account: The minimum required deposit amount to open an account with PLEXYTRADE is 50 USD

	PLEXYTRADE ACCOUNTS
Minimum Deposit	50 USD (Micro Account) | $300 (Silver/Gold Account) | $10,000 (VIP Account)
Account Currencies	EURO | US DOLLAR
Minimum Trade Size	0.01
PlexyTrade Promotions	120% WELCOME BONUS (All Account Types)
Max Trading Leverage (Forex)	2000:1 (Micro Account) | 500:1 (Silver/Gold Account) | 400:1 (VIP Account)
	🔗 PlexyTrade Accounts

 

Deposit/Withdrawal Methods:

• Only Confirmo & Cryptocurrencies are available at the time of the review
• No Withdrawal fees

 

Welcome Bonus

Click the following slider to find information about their welcome bonus.

 

PLEXYTRADE CORPORATE INFORMATION

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⚖️ PLEXYTRADE REVIEW PROS AND CONS (According to competition)

PLEXYTRADE REVIEW PROS & CONS
PlexyTrade Review Pros (√)	PlexyTrade Review Cons (X)
√ 4 account types, including a VIP account, but also PAMM Accounts √ 50 minimum deposit √ Tight trading spreads and low trading commissions √ Over 100 instruments via MT4/MT5, including 40 Forex pairs, commodities, and cryptocurrencies  √ Scalping and Automated Trading allowance √ Free VPS (requires a 2,000 USD deposit) √ A welcome bonus (traders can withdraw it after meeting volume requirements)	X New Company, not Regulated X Not servicing US or EU traders X Not many funding methods (at the time of the review) X No phone or live chat support (at the time of the review)

 

 

🏁 PLEXYTRADE Review Conclusions:

Domiciled in St. Lucia, PlexyTrade was founded in 2024 following a merger with LQDFX. The broker offers a wide range of financial instruments—over 100—including 41 Forex pairs, equity indices, commodities, and 8 cryptocurrency pairs. PlexyTrade is not regulated, but they claim to provide client bank account segregation and negative-balance protection. Customer service is available 24/5 via email, with live chat support expected in the future.

PlexyTrade provides MetaTrader 4 and MetaTrader 5 across desktop and mobile platforms, fully allowing scalping and automated trading. Expert Advisors (EAs) are supported, and a free VPS is available for accounts with a $2,000 minimum deposit. Spreads are very tight, starting as low as 0.7 pip on EURUSD (Micro Account) and even lower on other account types. Account options include Micro, Silver, Gold, VIP, and PAMM accounts. The minimum deposit ranges from $50 (Micro Account) to $10,000 (VIP Account). Trading leverage can reach up to 2000:1 on Micro Accounts, with lower limits on other accounts. PlexyTrade also offers a demo account, trading calendars, and free educational resources.

Regarding promotions, in addition to the free VPS, there is a welcome bonus of up to $24,000/USD or EUR. The bonus is available to all account holders who deposit at least $200 and can be withdrawn after meeting specific trading volume requirements.

• Overall, the spreads are tight, and the broker offers many features for automated trading. However, since it is newly established, caution is advised with any new venture.

 

🔗 The PlexyTrade Website

 

 

■ PLEXYTRADE.com Review

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