PLEXY TRADE (STP)

✨ PLEXYTRADE REVIEW

☆ PLEXYTRADE AT A GLANCE

□ Forex Broker: PLEXYTRADE (merged with LQDFX)

□ Headquarters/License: St Lucia | Not regulated within the E.U. (Europeans are not allowed)

□ Customer Support: 24/5 via EMAIL | PHONE

□ Minimum Account / Funding Methods: 50 USD via Confirmo and Several Cryptocurrencies (at the time of the review)

□ Trading Leverage: 400:1 and higher

□ PLEXYTRADE Forex Pairs: 41 Forex pairs plus several CFD Trading Products

□ PLEXYTRADE Trading Platforms: MetaTrader-4 | MetaTrader-5 | MT4/MT5 WebTraders

□ Trading Spreads: 0.7 pip on EURUSD

□ Trading Commissions: $2-4 per full traded lot (Gold / Platinum Accounts)

□ PAMM/MAM Accounts: PAMM

□ Islamic Accounts: YES

□ Free Forex VPS: NO (VPS packages start from $50 monthly)

□ PLEXYTRADE Promotions: 120% Welcome Bonus (You can withdraw it)

» THE PLEXYTRADE WEBSITE

🔰 INTRODUCTION TO PLEXYTRADE

PlexyTrade is an offshore-based broker founded in 2024 following a merger with LQDFX. Headquartered in St. Lucia, the broker is not yet regulated in the EU. PlexyTrade claims to offer ECN processing on VIP and Gold accounts, with STP processing on other account types. Note that their funding methods are quite limited.

◘ CUSTOMER SUPPORT: Phone and Email

◘ WEBSITE LANGUAGES: English (ENG), Spanish (ES), Persian (FA)

💻 PLEXYTRADE TRADING PLATFORMS

PlexyTrade offers the classic MetaTrader platforms from MetaQuotes, along with MT4 and MT5 mobile trading apps for iOS and Android.

1. MT-4
2. MT4-5
3. WebTraders for both MetaTrader platforms

PLEXYTRADE MT4/MT5 Overview

Trade Forex, crypto, commodities, selected indices, and spot metals on MetaTrader-4 and MetaTrader-5:

• Welcomes algorithmic traders
• One-Click Trading
• Depth of Market
• Advanced Charts & Technical Analysis
• Negative Balance Protection

PLEXYTRADE Automated-Trading

• Fully allows Automated-Trading and Scalping
• The broker offers also PAMM accounts

» PLEXYTRADE FOREX TRADING

🪙 PLEXYTRADE FINANCIAL INSTRUMENTS

PlexyTrade offers a wide asset index, including 41 Forex pairs and many financial instruments through CFDs.

• Over 100 products in FX, Indices, Crypto, Commodities and Stocks
• 41 Forex Currency Pairs

🧑‍💼 PLEXYTRADE ACCOUNTS

◘ Trading Leverage 400:1 and higher

◘ Minimum Deposit: 50 USD (micro Account) and up to $10,000 (VIP Account)

◘ Account Currencies: PlexyTrade accounts may be opened in Euro and US dollar

◘ Funding Methods: Only Confirmo and Several Cryptocurrencies (at the time of the review)

⚙️ PLEXYTRADE PAMM ACCOUNTS

• Investors allocation being split by up to 0.0000001 in volume
• Performance and management fees are paid automatically

💰 PLEXYTRADE WELCOME BONUS

PlexyTrade offers an easy-to-track welcome bonus program. After making your first deposit, you can instantly claim a cash bonus.

• Up to $24,000
• Up to three (3) Trading Accounts per Client
• The bonus is available on all account types (excluding PAMM)
• The minimum deposit is $200
• You can withdraw the bonus, after meeting the minimum volume requirements (*)

(*) NOTE: Positions open for less than three minutes are not eligible for the volume requirement

🗐 PLEXYTRADE REVIEW KEY POINTS

PlexyTrade is a new broker founded in 2024 after merging with LQDFX. Headquartered in St. Lucia, PlexyTrade is not yet regulated in the EU and prohibits European traders. They claim to offer ECN processing on VIP and Gold Raw accounts, with STP processing on other account types. Customer support is available 24/5 via phone and email, with a dedicated account manager only for VIP accounts.

PlexyTrade’s asset index includes over 100 financial products across FX, Indices, Crypto, Commodities, and Stocks. Their currency index features 41 pairs, tradable on MetaTrader 4 and MetaTrader 5. Scalping, hedging, and EA trading are all allowed, and a VPS service is available at a low cost. PAMM accounts are also offered. Although unregulated, the broker states that clients’ funds are fully segregated, off the balance sheet, and cannot be used to repay creditors. PlexyTrade also offers Negative Balance Protection.

The minimum deposit to open an account is $50 for the Micro Account, while $300 is required for an ECN account, and $10,000 or more to open a VIP account. ECN accounts offer tighter spreads compared to Micro and Silver accounts. Funding methods are very limited, currently including only Confirmo and several cryptocurrencies. A 120% welcome bonus is available, withdrawable after meeting certain volume requirements. The bonus applies to all account types except PAMM, with a minimum deposit of $200 and a maximum bonus of $24,000.

Overall, PlexyTrade is a new, unregulated broker (merged with LQDFX), so caution is advised.

» VISIT THE PLEXYTRADE WEBSITE AND START TRADING

□ PLEXYTRADE.com Review

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