Founded In 2016, Plexytrade Offers More Than 100 Trading Instruments, Multiple Markets Such As Forex, Commodities, Indices, Cryptocurrencies And Stocks. The Broker Offers Amateur And Experienced Traders Access To The MetaTrader 4 And MetaTrader 5 Systems. However, Despite This, Plexytrade Is Not Regulated, Which Puts Traders At Risk.

Pros And Cons

Pros: Up To 1:2000 Leverage, Liability Protection (split Accounts, Balance Protection, Etc.), Free VPS And PAMM Systems Free VPS And PAMM Systems

Cons: Unregulated Brokers, Higher Minimum Deposit Requirements For Platinum VIP Accounts ($10,000)

Is Plexytrade Legal?

As An Unregulated Broker, Plexytrade Is Not Under The Control Of Any Financial Regulator. For Traders, The Lack Of Regulation Means They Are At Increased Risk As There Are No Official Measures To Protect Their Funds.

What Can I Trade On Plexytrade?

Plexytrade Offers More Than 100 Trading Instruments On Various Markets. Traders Can Trade Forex, Commodities, Indices, Cryptocurrencies And Stocks.

Account Types

Plexytrade Offers Four Real Account Options: Micro, Silver, Gold Raw And Platinum VIP. The Broker Does Not Offer Islamic Accounts But Does Offer Demo Accounts.

Plexytrade Fees

Especially In Terms Of Raw Spreads And 0 Fees For Specified Instruments, Plexytrade Offers Reasonable Trading Fees Relative To Industry Standards.

Plexytrade Spreads And Commissions:

Spreads: From 0.0 Pips To 0.7 Pips.

Trading Platforms

Trading Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4 WebTrader, MT5 WebTrader

Deposits And Withdrawals

Plexytrade Does Not Charge Any Fees For Deposits Or Withdrawals.

Payment Method Confirmo Minimum Deposit $50/EUR Processing Time Instant

Payment Method Cryptos Minimum Deposit $50/EUR Processing Time Instant

Plexytrade Promotion

120% Cash Bonus With Deposits Starting From $200 Up To $24,000 For All Account Types.

Free VPS For Eligible Accounts With Low Latency Trading Conditions.

PAMM System That Allows Investors To Allocate Funds To Skilled Traders.

Demo Account, Free Demo Account For Practice Use

Customer Support

Plexytrade Offers 24/5 Customer Support Through Multiple Channels Such As Email And Phone. In Addition, It Also Offers Online Live Chatbots And Contact Forms. At The Same Time, It Also Has A Social Media Support Website.

Phone: + 382 68 04 3222

Email: Support@plexytrade.com

Live Chat: Available On Website

Social Media: Facebook, Twitter, Instagram

Physical Address: Dzordza Vasingtona No. 38, PD 232, Podgorica, 81000, Montenegro

Summary

For Traders Looking To Reduce Their Fees, Plexytrade's Commission-free Specific Account Makes It A Perfect Fit For Them. However, Especially For Its Platinum VIP Account, The Minimum Deposit Requirement Is Up To $10,000. Experienced Traders With Sufficient Funds Looking To Profit From Tight Spreads And Ample Trading Tools Will Find It Most Suitable.