PlexyTrade Account Types and Leverage Explained

What Trading Accounts Are Offered by PlexyTrade?

PlexyTrade offers four distinct live trading accounts designed to accommodate different levels of trading experience — from beginners to professional traders. The account types vary by minimum deposit, spreads, execution type, leverage, and commission model.

All accounts support MT4 and MT5, with access to over 100 financial instruments, including forex, indices, stocks, commodities, and cryptocurrencies. The maximum leverage available is up to 1:2000, with micro lot trading (0.01 lot) available across the board.

What Are the Features of Each PlexyTrade Account?

Below is a comparison of the four account types offered by PlexyTrade:

• Gold RAW and Platinum accounts offer raw spreads starting from 0.0 pips with commission per trade.
• Silver is the only mid-tier account with no commission yet offers swap-free status.
• Micro is geared toward beginners but lacks swap-free and RAW features.

Frequently Asked Questions about PlexyTrade Accounts

Which account is best for beginners?

The Micro account is best for new traders, with a low $50 deposit and simple cost structure.

What is the maximum leverage offered?

Up to 1:2000 leverage is available on the Micro account; other accounts offer 1:400 to 1:500.

Are swap-free (Islamic) accounts available?

Yes, Silver, Gold RAW, and Platinum accounts offer a 7-day swap-free option.

Does PlexyTrade charge trading commissions?

Gold RAW and Platinum accounts charge commission due to their 0.0 pip raw spreads.

Can I upgrade my account later?

Yes. Traders can request to upgrade their account by contacting support or increasing their deposit.

Are demo accounts available?

Yes. PlexyTrade offers demo accounts for users to test the platform risk-free.