How to open Plexytrade's Bonus Trading Account? | List of Promotions, Account Types and more

Plexytrade is an established trading platform known for offering a comprehensive range of services to enhance the trading experience for both new and seasoned traders. It provides robust trading platforms like MT4 and MT5, supporting complex trading strategies with fast execution through Straight Through Processing (STP). The platform ensures the security of client funds through segregated accounts and offers negative balance protection.

Plexytrade offers a 120% deposit bonus to new and existing clients, applicable to the first three trading accounts, with the exception of PAMM accounts. This bonus is available for deposits starting at $200, and the maximum bonus per account is $24,000. To convert the bonus for withdrawal or trading, clients must meet a volume requirement of 100,000 units round turn on Forex and Metals, with each standard lot traded contributing $6 towards the bonus.

The bonus offers transparency with no hidden fees, is withdrawable after meeting volume requirements, and provides an instant credit following a qualifying deposit. Plexytrade supports this bonus with a user-friendly client portal where progress can be tracked, ensuring clients can manage their bonuses effectively. This promotional feature aims to boost the trading volume and effectiveness of Plexytrade’s clients, enhancing their overall trading potential.

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What is Plexytrade?

Plexytrade is a distinguished provider in the field of financial trading, offering a comprehensive and intelligent suite of services tailored to enhance the trading experience for both novice and seasoned traders. This platform is built on a foundation of decades of industry expertise, driven by a team of Fintech professionals committed to delivering exceptional service quality and market accessibility.

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Trading Platforms and Execution Details

At the core of Plexytrade’s offerings are the advanced trading platforms MT4 and MT5. These platforms are renowned for their ability to support complex trading strategies and provide a robust trading environment. Plexytrade employs Straight Through Processing (STP) for all trades, ensuring that orders are executed quickly and accurately, without interference from a dealing desk and free from requotes. This setup is ideal for strategies that rely on fast execution, such as scalping and high-frequency trading.

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Security Measures and Fund Safety

Plexytrade places a high priority on the security of client assets and personal data. To safeguard clients’ investments, all funds are held in segregated accounts, separate from the company’s operating funds. This ensures that clients’ investments are not used for any other purpose. Additionally, Plexytrade offers negative balance protection, which shields traders from losing more money than they have deposited, resetting the balance to zero in cases where market volatility causes the account to go negative.

The platform adheres to strict data security protocols to protect personal and financial information. Plexytrade utilizes top-tier encryption technologies to secure data transfers and maintains a secure infrastructure to prevent unauthorized access. Compliance with the General Data Protection Regulation (GDPR) ensures that they handle all personal data according to the highest standards of privacy.

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Diverse Trading Instruments and Conditions

Plexytrade provides access to over 100 trading instruments across various asset classes including currencies, stocks, indices, metals, and energies. Traders can benefit from competitive conditions such as raw spreads starting from 0.0 pips and leverage up to 1:2000, which allows them to amplify their trading positions significantly. The absence of commission on stocks and indices trading is another cost-effective feature that enhances trading profitability.

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Enhanced Customer Support and Educational Resources

Understanding the importance of support, Plexytrade offers comprehensive customer service with a team available 24/5 to assist with any trading queries or issues. In addition to technical support, Plexytrade provides a wealth of educational resources, including webinars, tutorials, and articles designed to help traders develop their skills and knowledge.

Learn how to trade with PlexyTrade

Exclusive Tools and Promotional Offers

Plexytrade enriches its service offering with various tools and promotions intended to give traders an edge. These include a free low-latency Virtual Private Server (VPS), which is crucial for automated trading solutions that require fast and reliable execution. The platform also offers a 120% cash bonus to new traders, providing them with additional trading capital. Demo accounts are available, allowing traders to test their strategies in real market conditions without any financial risk.

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Account Registration and Flexible Funding Options

The registration process at Plexytrade is streamlined and can be completed within a minute, allowing traders to quickly embark on their trading journey. Flexible account funding options are available, with zero deposit fees, which reduces the overall cost of trading. The platform supports a variety of payment methods, ensuring that traders can fund their accounts conveniently and securely.

Plexytrade stands out as a premier trading platform offering a secure, efficient, and feature-rich trading environment. It combines advanced technological solutions with user-centric services, making it a top choice for traders aiming for a superior trading experience in the global markets.

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Plexytrade’s Cash Bonus Promotion

Plexytrade offers a 120% deposit bonus designed to significantly enhance the trading capacity of its clients. This promotional feature is aimed at both new and existing clients, offering a substantial boost to their trading efforts under clear and straightforward terms.

Overview of the 120% Cash Bonus

Eligibility and Conditions:

• The bonus is available for all new trading accounts, with the exception of PAMM accounts.
• A client can apply the bonus to a maximum of three trading accounts.
• The minimum deposit required to qualify for the bonus is $200.
• The maximum bonus that can be received per account is $24,000.

Withdrawal and Trading Conditions:

• The bonus becomes withdrawable or available for trading purposes once the trader meets the total volume requirement, which is 100,000 units round turn on Forex & Metals.
• Positions that are opened for less than three minutes do not count towards the volume requirement.
• Each eligible standard lot traded converts $6 or the equivalent in other currencies towards the bonus, making it progressively easier to reach the volume needed for bonus withdrawal.

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Steps to Receive the 120% Bonus

1. Register and Open an Account: Set up a new trading account with Plexytrade, which is straightforward and quick.
2. Deposit Funds: Make an initial deposit of at least $200. This deposit instantly credits the corresponding 120% bonus as a pending amount.
3. Trade and Meet Volume Requirements: Start trading and aim to meet the required trading volume to unlock the bonus. The bonus is calculated based on the amount deposited, with every standard lot contributing to the conversion of the bonus into withdrawable funds.

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Key Features of the Bonus

Transparency:

Plexytrade ensures that all conditions related to the bonus are clear and transparent. There are no hidden fees or complicated rules, making it easier for traders to understand how they can benefit and what is expected.

Withdrawable:

Once the trading volume requirement is met, the bonus can be withdrawn at any time or used for further trading, providing significant liquidity to traders.

Achievability:

The bonus is structured to be attainable, with a reasonable minimum deposit and trading volume requirements that align with typical trading activities.

Instant Credit:

The bonus amount is credited to the account immediately after the qualifying deposit is made, although it remains in a pending state until the trading volume requirement is fulfilled.

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Monitoring and Managing the Bonus

Clients can track their progress towards meeting the bonus requirements through the Plexytrade portal. This system updates the percentage of achieved conditions hourly, allowing traders to be continuously informed of their status. Additionally, transferring funds out of the account before the bonus terms are met may affect the progress of bonus conversion, emphasizing the need to plan withdrawals and transfers carefully.

This 120% deposit bonus by Plexytrade represents a robust incentive for traders to increase their trading volume and effectiveness, providing a significant financial enhancement under favorable conditions.

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Account Types of Plexytrade

Plexytrade offers a variety of account types designed to cater to different levels of trading experience, investment capacity, and trading needs. Each account type provides access to multiple financial markets and trading platforms, along with specific features tailored to enhance the trading experience.

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Micro Account

Target Audience:

This account is ideal for beginners or those new to trading, allowing them to start with lower volumes to gain familiarity with the market dynamics.

Features:

The Micro Account offers maximum leverage of 1:2000, allowing significant market exposure with a minimal initial deposit of $50. Spreads start from 0.7 pips, and there is no commission on FX trading. The maximum trade size is capped at 5 lots.

Additional Benefits:

Traders can engage in micro lot trading, which is crucial for risk management when starting. The account also includes features such as negative balance protection and free funding.

Open Plexytrade Micro Account

Silver Account

Target Audience:

Suitable for traders looking to trade higher volumes and who have a stronger appetite for market engagement.

Features:

The Silver Account starts with a minimum deposit of $300 and offers a reduced maximum leverage of 1:500 compared to the Micro Account. Like the Micro, it has spreads beginning at 0.7 pips and no FX commission. Traders can execute up to 50 lots per order.

Additional Benefits:

It includes the benefits of micro lot trading, negative balance protection, and the option for swap-free trading up to 7 days, which can be particularly appealing to traders mindful of overnight fees.

Open Plexytrade Silver Account

Gold Raw Account

Target Audience:

This account is tailored for experienced traders who use aggressive strategies like scalping.

Features:

The Gold Raw Account provides ECN execution with ultra-tight raw spreads starting from 0.0 pips. It carries a commission of $2 per lot ($4 round turn) and allows for a trade size up to 50 lots. The minimum deposit is $300.

Additional Benefits:

This account supports advanced trading strategies such as EAs, scalping, hedging, and news trading, and also offers the benefits of negative balance protection and a swap-free option.

Open Plexytrade Gold Raw Account

Platinum VIP Account

Target Audience:

Designed for the most sophisticated and high-volume traders seeking personalized service.

Features:

The Platinum VIP Account requires a minimum deposit of $10,000 and offers the lowest leverage of 1:400, but compensates with the highest max lot size per order at 80. Spreads start from 0.0 pips with a very low commission of $1 per lot ($2 round turn).

Additional Benefits:

Traders in this category enjoy the services of a personal account manager, free yearly VPS for optimal trading execution, and all the advanced trading allowances like EAs and scalping.

Open Plexytrade Platinum VIP Account

Demo Account

Plexytrade also offers a demo account for all types of traders to practice trading without any financial risk. This is an excellent tool for beginners to get accustomed to the platform and for experienced traders to test new strategies.

Open Plexytrade Demo Account

Each account type at Plexytrade is structured to provide specific benefits and features tailored to different trader needs, ensuring that whether a trader is just starting or is highly experienced, they have access to appropriate tools and conditions to trade effectively in global financial markets.

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Financial Markets available on PlexyTrade’s platform

Plexytrade offers a robust and diverse selection of financial markets, catering to various interests and trading strategies. Here’s a detailed breakdown of each market segment available for trading through Plexytrade.

Forex Market – Forex Trading at Plexytrade

Plexytrade enables traders to access a broad range of currency pairs across major, minor, and exotic categories. With leverage up to 1:2000 and raw spreads starting from 0.0 pips, traders can engage in forex trading under highly competitive conditions.

Major Pairs:

These pairs involve the US dollar paired with other major currencies like the EUR, GBP, JPY, CHF, CAD, AUD, and NZD. They are the most traded globally, offering high liquidity and lower spreads.

Minor Pairs:

Also known as cross-currency pairs, these do not include the USD. They typically involve other major currencies like the Euro, British Pound, and Japanese Yen.

Exotic Pairs:

These pairs combine a major currency with a currency from an emerging economy. Exotic pairs are less liquid and more volatile, influenced significantly by economic factors in the emerging market.

Plexytrade’s forex trading is supported by STP execution, ensuring fast and reliable trade completion without requotes. The platform also supports 24/5 customer support to assist with any trading issues or queries.

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Indices Market – Trading Indices with Plexytrade

Plexytrade offers the opportunity to trade some of the world’s leading indices from top global stock markets. Trading indices allows traders to speculate on the performance of a basket of stocks, which can give insights into the health of specific sectors or overall economies.

Global Reach:

Trade popular indices like the S&P 500, NASDAQ, and others representing significant markets worldwide.

Commission-free:

Trading is executed without commission, making it cost-effective for traders.

Strategic Opportunities:

Indices provide a way to gain broad market exposure, helping diversify trading strategies and manage risks. They are particularly useful for speculating on economic performances without the need to analyze individual stocks.

Invest in Stock Indices

Stocks Market – CFD Trading on Stocks at Plexytrade

Plexytrade allows for trading Contract for Differences (CFDs) on stocks from the US and EU markets without the need to own the actual stocks. Traders can go long or short, profiting from both rising and falling markets.

Wide Selection:

Choose from 50+ major stocks across the US and EU markets, including tech giants and large-cap firms listed on the NYSE, NASDAQ, and AMEX.

Zero Commission:

Engage in stock CFD trading without the burden of commission fees, enhancing trading margins.

Invest in Stocks

Commodities Market – Commodity Trading at Plexytrade

Trading commodities with Plexytrade offers a way to diversify trading portfolios beyond traditional stocks and forex. Commodities traded include metals, energy, and agriculture products.

Metals:

Trade precious metals like gold and silver, which are often considered safe havens during economic uncertainty.

Energy:

Speculate on the price movements of oil and other energy commodities, which are highly influenced by geopolitical events and changes in supply and demand.

Agriculture:

Engage in trading agricultural commodities, affected by factors like climate change and population growth.

Invest in Commodities

Cryptocurrency Market – Crypto Trading at Plexytrade

The cryptocurrency market at Plexytrade offers the ability to trade on the price movements of popular digital currencies and crypto pairs through CFDs.

Volatility:

The crypto market is known for its rapid price movements, offering substantial trading opportunities to those who can manage the risk.

Cost-Effectiveness:

Trading crypto CFDs allows traders to speculate on price movements without the need for crypto wallets or dealing with blockchain technology-related fees.

Market Accessibility:

Trade leading cryptocurrencies with leverage, enhancing potential gains from small price movements.

Each of these markets at Plexytrade is supported by 24/5 customer service, sophisticated trading tools, and a commitment to providing a secure and efficient trading environment. This comprehensive market offering allows traders to engage in various trading activities, maximizing opportunities across different asset classes.

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Trading Platforms of PlexyTrade

Plexytrade provides its clients with robust trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), each available on both desktop and mobile devices. These platforms are designed to cater to a range of trading styles and preferences, offering a suite of features that enhance trading efficiency and flexibility.

Plexytrade MT4 Desktop

MetaTrader 4 (MT4) is recognized globally as the most popular online trading platform, particularly favored in the forex market. It provides a user-friendly interface that is easy to navigate, making it accessible for both beginners and experienced traders.

Functionality:

MT4 includes a variety of integrated trading tools and features, such as technical analysis capabilities, charts, and the use of Expert Advisors (EAs) which allow for automated trading.

Flexibility:

The platform can be downloaded to desktop devices, as well as accessed on smartphones and tablets. It supports trading not only in forex but also in other financial markets, providing traders with a comprehensive trading environment.

Efficiency:

With MT4, traders can execute multiple types of orders, benefiting from several execution modes to suit their trading strategy. The setup is quick and straightforward, intended to enhance the trader’s confidence and ability to respond swiftly to market movements.

Open Plexytrade MT4 Account

Plexytrade MT4 Mobile

MT4 Mobile extends the functionality of the desktop platform to mobile devices, supporting both iOS and Android operating systems. This mobile platform allows traders to manage their accounts and trade directly from their smartphones or tablets, ensuring they can stay connected to the markets anytime, anywhere.

MT4 Mobile is ideal for traders who need mobility without sacrificing the full functionality of the desktop platform. It includes features such as interactive charts, a full set of trading orders, and analytical tools.

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Plexytrade MT5 Desktop

MetaTrader 5 (MT5) is the advanced successor to MT4, designed to offer more tools, features, and assets. It is suited for traders looking for enhanced trading capabilities and faster execution speeds.

Advanced Features:

MT5 provides more technical indicators, graphical objects, and timeframes compared to MT4. It supports an unlimited number of charts and offers a multi-threaded strategy tester.

Market Depth and Economic Calendar:

These features are integrated directly into the platform, offering traders detailed market insight and important economic updates in real-time.

Diverse Trading Operations:

The platform supports a larger variety of order types and execution modes, along with an advanced financial trading system that includes separate accounting of orders and trades.

Open Plexytrade MT5 Account

Plexytrade MT5 Mobile

MT5 Mobile offers the enhanced features of the MT5 platform on mobile devices. This mobile version is designed to support active traders who require the flexibility to trade and manage their accounts from anywhere using their smartphones or tablets.

The MT5 mobile platform includes additional tools and features optimized for mobile, such as push notifications and chat functionalities, allowing traders to stay informed and connected with the trading community.

Download Plexytrade MT5 Mobile App

Both MT4 and MT5 platforms provided by Plexytrade are equipped with necessary trading tools and resources to offer a flexible, efficient, and user-friendly trading experience across different devices and operating systems. These platforms ensure that traders at Plexytrade can engage with the markets effectively, with the capability to respond quickly to market changes and opportunities.

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Fund Deposit and Withdrawal at PlexyTrade

Plexytrade offers streamlined processes for both depositing and withdrawing funds, ensuring transactions are secure, efficient, and cost-effective. Here is a detailed explanation of the methods and safety measures implemented by Plexytrade to facilitate these financial transactions.

Deposits – How to Fund Your Account

To deposit funds into your trading account, follow these steps:

1. Log In: Access the Client portal on Plexytrade’s website.
2. Select Payment Method: Choose your preferred deposit method from the options available in the Deposit section.
3. Deposit Amount: Enter the amount you wish to deposit into your account.

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Payment Methods for Deposits

Plexytrade provides several payment methods, all designed to ensure security and convenience:

Confirmo:

This method allows deposits in USD or EUR with a minimum deposit requirement of $50. Plexytrade covers any fees associated with this method, and the processing time is instant.

Cryptocurrencies:

Similar to Confirmo, this method requires a minimum deposit of $50, with Plexytrade covering all associated fees. Deposits are processed instantly, allowing traders to react quickly to market movements.

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Withdrawals – Withdrawing Funds

Plexytrade facilitates withdrawals without any fees, which helps in reducing overall trading costs. The withdrawal process is designed to be straightforward and secure:

1. Access Client Portal: Log into your account through the Client portal.
2. Request Withdrawal: Initiate a withdrawal request by selecting the desired amount and confirming the transaction.

Withdrawals are processed using the same methods as deposits to ensure security and continuity.

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Security Measures

Segregated Accounts

Plexytrade ensures the security of client funds by holding them in segregated accounts. This means client deposits are kept separate from the company’s funds, which protects them from being used for any other purpose.

Secure Payment Processing

The platform employs advanced security protocols to safeguard payment processes. This includes encryption and other security measures to protect against unauthorized access.

Tier-1 Liquidity

Plexytrade partners with leading liquidity providers, ensuring that clients have access to the best market conditions and secure funding. This partnership also enhances the stability and reliability of financial transactions.

Negative Balance Protection

In the event of significant market volatility, Plexytrade offers negative balance protection. This safety feature ensures that if a client’s account balance goes negative due to trading activities, Plexytrade will reset the balance to zero at no additional cost to the client, protecting traders from debt.

By integrating these secure and flexible payment methods with robust safety measures, Plexytrade provides its clients with a reliable and efficient system for managing their trading funds. This system not only secures clients’ capital but also enhances their trading experience by minimizing financial risks and costs.

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Free VPS by PlexyTrade

Plexytrade offers a Virtual Private Server (VPS) hosting service that provides traders with enhanced trading capabilities by minimizing latency, ensuring smooth execution, and maintaining uninterrupted operation. This service is particularly valuable for traders who require a reliable and high-quality trading environment to execute their strategies effectively, especially when using automated trading systems like Expert Advisors (EAs) on MT4 and MT5 platforms.

Features and Benefits of Plexytrade VPS Hosting

Reduced Latency:

By hosting the VPS in a high-specification data center near Plexytrade’s trading servers, network latency is significantly minimized, allowing for faster execution of trades which is crucial for strategies dependent on speed.

Uninterrupted Operation:

The VPS ensures that trading operations can continue 24/7 without interruptions caused by connectivity or power issues that a home system might face.

Smooth Execution:

Traders experience smoother execution of trades, which can enhance the effectiveness of trading strategies, particularly those involving frequent trades.

Security and Reliability:

Operating on high-end servers with robust security measures, the VPS offers a secure environment for trading, reducing the risk of downtime and potential security breaches.

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VPS Packages and Pricing

Plexytrade provides three tiers of VPS services, each designed to meet different levels of trader requirements:

Silver VPS Package:

Includes 1GB RAM, 40GB hard disk, and pre-installed Windows OS and MT4/MT5 client. This package costs $50 per month but is free with a minimum deposit of $2,000 and a minimum trading volume of 8 standard round turn lots per month.

Gold VPS Package:

Includes 2GB RAM, 50GB hard disk, and pre-installed Windows OS and MT4/MT5 client. The cost is $60 per month, or free with a $5,000 minimum deposit and a minimum trading volume of 12 standard round turn lots per month.

Platinum VPS Package:

This is the most robust offering with 4GB RAM, 100GB hard disk, and pre-installed Windows OS and MT4/MT5 client. It costs $110 per month but is available for free with a $25,000 minimum deposit and a trading volume of 20 standard round turn lots per month.

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Application and Eligibility

To apply for the VPS service, traders need to:

1. Log into their client portal.
2. Choose and apply for their preferred VPS package.
3. Ensure they meet the deposit and trading volume requirements for free service.

If the conditions for free service are not met, clients will be automatically transitioned to a paid service, with fees deducted from their trading account or wallet.

This structured approach allows Plexytrade to offer tailored solutions that cater to varying trader needs, ensuring that each trader can optimize their trading setup to match their strategies and trading frequency.

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How to open PlexyTrade’s Bonus account?

Opening an account and receiving PlexyTrade’s Bonus is a straightforward process designed to help you quickly start trading with additional financial leverage. Here’s how you can set up your account and qualify for the 120% deposit bonus:

Step 1: Register Your Account

1. Visit Plexytrade: Go to the Plexytrade website and find the registration section.
2. Complete the Registration Form: Enter your personal information, such as your name, email address, and phone number. This process is quick, usually taking about a minute.
3. Verify Your Identity: To comply with financial regulations, you’ll need to verify your identity. This usually involves uploading documents such as a government-issued ID and a recent utility bill or bank statement.

Register on Plexytrade

Step 2: Select Your Trading Account

Plexytrade offers different types of accounts to suit various trading needs and strategies:

• Micro Account: Suitable for beginners, requiring a minimum deposit of just $50.
• Silver Account: Ideal for traders ready to handle higher volumes, requiring a minimum deposit of $300.
• Gold Raw Account: Best for experienced traders focusing on strategies like scalping, also requiring a minimum deposit of $300.
• Platinum VIP Account: Aimed at high-volume traders, requiring a minimum deposit of $10,000.

Choose the account type that best matches your trading goals and deposit capacity.

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Step 3: Fund Your Account

1. Log In to Your Account: Once your account is set up and verified, log in to the Plexytrade client portal.
2. Make a Deposit: Choose a deposit method that suits you (Plexytrade offers several secure options). To qualify for the 120% bonus, ensure your first deposit is at least $200.

Make a deposit to Plexytrade Account

Step 4: Receive Your 120% Deposit Bonus

1. Automatic Credit: After your qualifying deposit, the 120% bonus will be automatically credited to your account in a pending state.
2. Start Trading: Begin trading with the deposited funds. The bonus becomes withdrawable or usable for further trading once you meet the volume requirement (100,000 units round turn on Forex & Metals).

Get a 120% Cash Bonus

Step 5: Trade to Meet Volume Requirements

Each standard lot you trade contributes $6 towards converting the bonus into real funds that can be withdrawn or traded. Ensure that positions are kept open for more than three minutes to qualify towards the volume requirement.

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Key Features of Plexytrade’s 120% Bonus

Transparency and Fairness:

There are no hidden fees or complex rules. Everything about the bonus, including how to convert it to cash, is clearly explained upfront.

Withdrawable:

Once the trading volume requirement is met, the bonus can be withdrawn at any time or used for further trading.

Monitor Your Progress:

Through the Plexytrade client portal, you can track how close you are to meeting the bonus conditions. This feature helps you manage your trades effectively to ensure you meet the required criteria.

By following these steps, you can efficiently set up your Plexytrade account, start trading, and take advantage of the 120% deposit bonus to boost your trading capacity significantly. This bonus not only enhances your trading volume but also extends your ability to explore various trading strategies.

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