plexytrade Review — Overview
plexytrade is a forex & CFD broker based in Cyprus, established in 2016. On Trust Broker Hub it holds a Trust Score of 4.4 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
We could not verify any regulatory licence for plexytrade. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.
plexytrade provides access to Forex pairs, Indices, Stocks CFDs, Commodities. Published conditions include leverage up to 1:2000. No complaints are currently on record. Overall, plexytrade has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
plexytrade currently scores 4.4/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- No verified regulatory licence on record
- Always verify the licence directly before depositing
Regulation
No regulatory licence on record for plexytrade. Treat with caution and verify before depositing.
Trading conditions
| Instruments | Forex pairs, Indices, Stocks CFDs, Commodities, Cryptocurrencies |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:2000 |
| Typical spread | Starting from 0 pips |
| Platforms | MT4, MT5, TradeLocker |
| Demo account | / |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on plexytrade
A mixed risk profile
plexytrade does not hold a verified regulatory licence on record. Based in Cyprus, it has been operating for about 10 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 4.4/10 — a mixed profile.
- Long 10-year operating track record
- No complaints on record with us
- Supports MT4 & MT5 trading
- No verified regulatory licence on record — funds may lack protection
- Very high leverage available (1:2000) — amplifies risk
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
plexytrade — Questions & Answers
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