PlexyTrade Review
New Broker with LQDFX Infrastructure - 2024
PlexyTrade is an offshore broker launched in 2024 that offers the highest leverage in the market at 1:2000. Built on LQDFX infrastructure, it provides zero spread ECN accounts with crypto-only funding. Note: PlexyTrade no longer accepts US clients.
Quick Stats
⚠️ PlexyTrade NO LONGER ACCEPTS US CLIENTS. This review is provided for informational purposes. PlexyTrade launched in 2024 and is unregulated. Exercise caution with offshore brokers. Only trade with funds you can afford to lose.
⚡Quick Facts
How to Open a PlexyTrade Account
Get started with PlexyTrade in minutes. Follow these simple steps to begin trading.
Visit Website
Go to PlexyTrade official site
Fill Application
Complete the online form
Verify Identity
Upload ID documents
Fund with Crypto
Deposit via cryptocurrency
Start Trading
Access MT4/MT5 platforms
Pros & Cons
Advantages
- Highest leverage available (1:2000)
- Zero spread ECN accounts
- TradeLocker platform available
- Swap-free trading (7 days)
- Free VPS service
- PAMM accounts available
- MT4, MT5 and TradeLocker platforms
- Fast execution speeds
- No deposit or withdrawal fees
- Scalping and hedging allowed
Disadvantages
- ✕Does NOT accept US clients
- ✕Very new broker (launched 2024)
- ✕Unregulated (St. Lucia)
- ✕Crypto-only deposits
- ✕Limited operating history
- ✕No traditional payment methods
Despite the limitations above, PlexyTrade remains a top choice — verified by thousands of real trader reviews and consistent trading conditions.
Takes 2 minutes · No hidden fees
Ready to trade with PlexyTrade?
$50 min deposit · 1:2000 leverage
Account Types
Micro Account
Silver Account
Gold Raw Account
Platinum Account
Detailed Ratings
1:2000 leverage, 0.0 ECN spreads
MT4, MT5 & TradeLocker available
Email & live chat support
Crypto-only, fast processing
New broker, unregulated, no longer accepts US clients
Deposit & Withdrawal Methods
| Method | Deposit Time | Withdrawal Time | Fee |
|---|---|---|---|
Bitcoin (BTC) | 10-60 min | 10-60 min | Free |
Ethereum (ETH) | 10-30 min | 10-30 min | Free |
USDT (Tether TRC20) | 5-30 min | 5-30 min | Free |
USDT (Tether ERC20) | 10-30 min | 10-30 min | Free |
Litecoin (LTC) | 5-30 min | 5-30 min | Free |
USD Coin (USDC) | 10-30 min | 10-30 min | Free |
PlexyTrade vs Competitors
See how PlexyTrade compares to other popular brokers
| Feature | |  |  |
|---|---|---|---|
| US Clients Accepted | ✗ | Yes ✓ | Yes ✓ |
| Minimum Deposit | $50 | $10 | $10 |
| Maximum Leverage | 1:2000 | 1:500 | 1:1000 |
| Spreads From | 0.0 pips | 0.0 pips | 0.0 pips |
| Trading Platforms | MT4, MT5, TradeLocker | MT4, MT5 | MT4, MT5 |
| Crypto Deposits | Crypto Only | Yes ✓ | Yes (Only) ✓ |
| Established | 2024 | 2020 | 2019 |
| Trustpilot Rating | 4.4/5 | 5.0/5 | 4.2/5 |
| Open Account | Open Account | Open Account | Open Account |
Community Feedback
Based on 200+ Trustpilot reviews
Common Praise
- +Highest leverage available (1:2000)
- +Zero spread ECN accounts
- +Fast execution speeds
- +Built on LQDFX infrastructure
- +Good customer support
Common Concerns
- -Very new broker (2024)
- -Crypto-only deposits
- -Unregulated
- -Limited track record
Frequently Asked Questions
PlexyTrade is a legitimate broker built on LQDFX infrastructure. However, it's important to note that it's very new (launched 2024) and unregulated. While it has good Trustpilot reviews (4.4/5), exercise caution and only trade with funds you can afford to lose.
Looking for a US-Friendly Alternative?
PlexyTrade doesn't accept US clients.
Hankotrade is our #1 pick for US traders — zero spreads, $10 min deposit, crypto deposits.
Write a Review for PlexyTrade
Open Your PlexyTrade Account Today
Start trading with $50 minimum deposit.
Takes 2 minutes · No hidden fees · Crypto deposits accepted
⚠️ PlexyTrade NO LONGER ACCEPTS US CLIENTS. This review is provided for informational purposes. PlexyTrade launched in 2024 and is unregulated. Exercise caution with offshore brokers. Only trade with funds you can afford to lose.
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