Plexytrade
Accepts traders from United States!
Established in 2024 and headquartered in Saint Lucia, Plexytrade is an ECN/STP broker. Geared towards active traders, it supports four account options, crypto deposits and withdrawals, plus very high leverage up to 1:2000 made possible by its unregulated status.
| Min. Deposit | $50 |
| Min. Trade | 0.01 |
| Mobile Apps | iOS & Android |
| Currencies | USD, EUR |
CFD
Plexytrade offers a modest selection of CFDs, providing opportunities to speculate on upward/downward price movements across 15 indices, 48 US stocks, 3 commodities, 4 metals, and 5 cryptos. The free margin calculator allows you to work out how much you need to put down to open and maintain leveraged positions.
| FTSE Spread | 0.8 |
| GBPUSD Spread | 0.8 |
| Oil Spread | 5 |
| Stocks Spread | 5 |
| Leverage | 1:2000 |
Forex
Plexytrade presents major, minor, and exotic forex pairs for trading, with leverage reaching 1:2000 and raw spreads starting from 0.0 - an enticing proposition for advanced traders seeking gains from minor price shifts. However, the downside lies in the limited selection, with only 41 currency pairs available, significantly fewer than the 100+ forex assets at IG.
| GBPUSD Spread | 0.8 |
| EURGBP Spread | 1.1 |
| EURUSD Spread | 0.7 |
| Assets | 40+ |
Cryptos
Plexytrade lets traders capitalize on the inherent volatility of the cryptocurrency market by offering leveraged trading on 5 popular cryptocurrencies, including Bitcoin. However, the threadbare offering of digital tokens seriously trails leading brokers like Eightcap with its 100+ crypto derivatives.
| Coins | BTC, ETH, LTC, SOL, XRP |
| Spread | 1.1 |