Brokers  /  plexytrade

plexytrade

Severe risk
🇱🇨 Saint Lucia · 2-5 years · since 2024-05-20 · Plexy Trade Ltd.
Unregulated
Visit site ↗
3.2/5
★★★★★ ★★★★★
8 reviews ›
0
Licenses ›
2
Withdrawal issues ›
$50
Min. deposit ›
1:400
Max leverage ›
4
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: Platinum · $10,000Gold Raw · $300Silver · $300Micro · $50
▲ 25% positive▼ 50% negative
Independent ratingshow third parties score this broker
WikiFX2.05/10
Trustpilot3.2/5
Forex Peace Army3.591/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Saint Lucia (offshore, light oversight)
  • Withdrawal complaints in ~50% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints2412%
Offshore registration808%
Transparency (site/info/social)010%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal namePlexy Trade Ltd.
Headquarters🇱🇨 Saint Lucia
Founded2024-05-20
Years operating2-5 years
Employees0
Official websitemy.plexytrade.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods2 methods
Withdrawal methods2 methods
Instruments100+ products in FXIndicesCryptoCommodities and Stocks
Registered address
Top Floor, Rodney Court Building, Rodney Bay Gros Islet, Saint Lucia

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
Platinum1:400$10,000from 0.0$1✓
Gold Raw1:500$300from 0.0$2✓
Silver1:500$300from 0.7Zero✓
Micro1:2000$50from 0.7Zero✓

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.18)

Across 4 recent Trustpilot reviews, 50% are 1–2 star. The single most common complaint is being unable to withdraw funds (2 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
United States3
🇺🇸 US1

Real user reviews

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About plexytrade

plexytrade is a forex and CFD broker based in Saint Lucia, with records dating to 2024-05-20. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

On Trustpilot, plexytrade holds a real-user score of 3.2/5 across 1 reviews. Withdrawal problems appear 2 times — always test a small withdrawal first.

Overview compiled by FXCanary from regulatory records and public data. full plexytrade review