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 2.0 out of 10, which we rate as Poor — below the 4.9/10 average for brokers that hold a verified licence. High-risk profile — proceed only with caution and small amounts.
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 carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.
Trust score breakdown
How is this calculated?Trust Score history
plexytrade currently scores 2.0/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- No unresolved complaints on record
- Live website and reachable support channels
- 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.
MetaQuotes registry
- Registration number
- 2023-00662
- Registered address
- Top Floor, Rodney Court Building, Rodney Bay, Gros-Islet, Saint Lucia
- Offices
- Montenegro
- Status (per MetaQuotes)
- Non-regulated
- Website
- www.plexytrade.com
- support@plexytrade.com
- Abuse reports
- compliance@plexytrade.com
- Phone
- +382 68043222
Company details come from the broker's listing in MetaQuotes' MetaTrader 5 directory. A MetaQuotes listing is not a regulatory licence; see the Regulation section above for verified licences.
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
High-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 2.0/10 — a high-risk 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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