Plexytrade: account tiers, crypto funding and bonus conversion rules

Plexytrade markets an international forex and CFD service through Plexy Trade Ltd in Saint Lucia. This profile covers its English-language public offer checked on 20 October 2026. The site excludes the United States, United Kingdom, Canada, EEA, North Korea and Syria, alongside jurisdictions where access would breach local law. Its advertised straight-through processing and no-dealing-desk model are company descriptions, not independently measured execution findings.[2]

The image-based account matrix could not be extracted reliably. Exact FX commissions, selectable base currencies and minimum trade sizes remain unconfirmed. Demo access is advertised, but its expiry and starting virtual balance were not established.[3][1]

Corporate registration is disclosed; current financial-services permission was not independently matched for this entity.[13]

View full spreads & trading costs

The spread page exposes headings for typical spread, long/short swaps, contract size and leverage, but its instrument rows did not populate. Current EUR/USD, USD/JPY, GBP/USD, gold and oil quotations could not be verified from that grid. A round-trip example would require the selected account’s commission basis, a labelled spread unit and the relevant contract size; those inputs are incomplete.[8]

The account page advertises seven swap-free days on FX for Silver, Gold Raw and Platinum. This is a time-limited holding-cost concession, not permanent zero financing on every product or account.[3]

Normal FX swaps follow day seven; Micro is excluded. Platinum Islamic accounts may incur a nightly charge after 14 consecutive days; its amount was not established.[14]

Dormancy requires all three conditions: five months without financial transactions, five months without executed trades, and no open trades. The account is archived. Restoration through support costs 20% of its balance; this is a reinstatement charge, not a stated monthly inactivity fee.[14]

The agreement sets margin call at 50% and stopout at 20%, subject to change. It also permits leverage reduction or account conversion when balances are considered excessive; numerical balance bands are not supplied.[14]

Plexytrade advertises support for scalping, hedging, news trading and Expert Advisors. Those permissions do not make every strategy immune from the agreement’s abusive-trading provisions.[1]

Abuse provisions permit trade/profit reversals, restrictions and investigation-related withdrawal suspension. They include exploiting gaps or deliberately abusing negative-balance relief.[14]

The risk disclosure warns that repeating an unacknowledged order can create two transactions. An order already being executed cannot be cancelled or changed; a triggered pending order may leave only its attached stop-loss/take-profit available for modification. Stops can fill beyond their requested level. These restrictions matter during a connection failure, when the platform display may lag the server.[15]

Published server time is GMT+2 in winter and GMT+3 in summer. The session grid did not expose instrument-level opening times or daily breaks, so that server-clock convention should not be treated as a complete trading calendar.[9]

Full verification precedes a withdrawal request. The policy normally returns funds by the original payment method, with an alternative proposed when that is impossible. It describes next-business-day processing. Incorrect details can cause cancellation and require a fresh request. The broker advertises no withdrawal charge, but external bank, processor or wallet costs can remain. A disputed payment can also lead to withholding or deduction.[17]

For the 120% offer, a qualifying USD 200 transfer creates a USD 240 target, requiring 40 eligible standard lots at USD 6 per lot. The terms impose no expiry, but transfers out reduce conversion progress under a formula not fully specified. The example describes turnover required to unlock the award, not expected trading profit.[18]

PlexyPower participation and withdrawal requests use the specified support process. The broker can withdraw promotional eligibility or cancel credit/profits for abuse. Its start date is 1 December 2024 and the published terms run until further notice.[19]

Cashback requires opt-in and a new deposit of at least USD 250. The promotional allowance equals 50% of qualifying deposits, capped at USD 50,000 per client; it is initially neither trading equity nor cash. Conversion requires closed FX or XAUUSD/XAUEUR trades held at least five minutes. Earned sums become redeemable after month-end and enter the wallet as real money. Withdrawals reduce the unused allowance, and the terms restrict combining this programme with the 120% bonus or other promotions.[21]

The terms distinguish ordinary clients from those introduced by an introducing broker. The detailed rate grid is image-based and its IB figures were not established; the marketing-page rates above should not automatically be applied to introduced accounts.[21]

The legal footer identifies Saint Lucia company registration 2023-00662. That corporate registration is not evidence of a financial-services licence. No current firm-specific regulator authorisation was independently matched for this operating entity, so no verified licence or compensation entitlement is assigned here.[13]

Plexytrade says it separates client money and resets negative balances to zero without charging the client. The inspected protection page does not identify an insurance certificate, individual insured cap or shared policy limit. Its security language describes encrypted systems, rather than a verified guarantee against loss.[22]

The risk disclosure nevertheless makes clients liable for deficit balances. It also describes third-party holding arrangements, possible omnibus accounts and unsecured recovery if a custodian fails. The negative-balance promise and liability language are materially inconsistent; this profile does not treat the website assurance as an unconditional contractual debt waiver.[15]

The withdrawal policy requires complete client verification before a request can be submitted. It does not settle a specific cooling-off period after a password reset or account recovery. Check the actual portal requirements before relying on an urgent withdrawal.[17]

The company advertises 24/5 support, without a clearly stated service timezone on the inspected page. A normal support route is not a confirmed emergency dealing desk: no separate authenticated telephone-order procedure or guaranteed cancellation route was established.[2]

Online statements are available; annual funds-and-charges statements are supplied on request. Dispute posted transactions within two business days, confirming initial phone/email objections in writing.[14]

PAMM pools investor allocations under a manager’s trading decisions, with the manager setting terms and a percentage-based profit fee. The marketing page does not establish the full exit timetable, residual-position treatment or when a final performance fee becomes payable. Removing a manager’s future authority should not be assumed to close the underlying exposure immediately.[24]

The agreement caps Platinum PAMM leverage at 1:100.[14]

VPS fees are prepaid monthly. Failure to qualify for free service triggers paid billing, first from the wallet and then a trading account; insufficient funds can end service. Cancellation is permitted, but termination deletes the server and its data without a broker backup. The client must preserve configurations and records. Third-party hosting does not establish uninterrupted operation.[26]

The Trading Central Alpha Generation plugin supplies MT4/MT5 indicators for entries, exits and pattern analysis. The advertised eligibility threshold is a fresh USD 5,000 deposit after 18 December 2024 at noon server time. These are decision aids; the inspected description does not grant an autonomous AI service permission to trade the account.[27]

The current footer places the registered company at Top Floor, Rodney Court Building, Rodney Bay Gros Islet, Saint Lucia, and lists a physical office at Dzordza Vasingtona No. 38, PD 232, Podgorica, 81000, Montenegro. The office location does not itself confer a Montenegro financial permission.[2]

The legal directory links a 61-page account agreement for Plexy Trade Ltd. Its current financial terms were inspected, but a precise effective date was not established. A verified ownership change or client-transfer arrangement was not identified; another broker’s clients, liabilities or protections cannot be assigned to this company from the inspected evidence.[13]