Score

1.92 /10
Danger

PLSXA

United Kingdom

1-2 years

Regulated in United Kingdom

Common Business Registration

Suspicious Overrun

Medium potential risk

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Score

Regulatory Index1.25

Business Index4.41

Risk Management Index0.00

Software Index4.00

License Index1.25

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

PLSXA Limited.

Company Abbreviation

PLSXA

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 15503273)Common Business Registration Non-Forex License. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

PLSXA · Company summary
PLSXAReview Summary
Founded2024
Registered CountryUnited Kingdom
RegulationGeneral Registration
Market InstrumentsForex, Commodities, Indices
Demo Account
LeverageUp to 1:500
SpreadEUR/USD: 0.0 pip
Trading PlatformMT4
Min Deposit$100
Customer SupportOnline chat

PLSXA Information

PLSXA, part of PLSXA Limited, is a broker established in 2024 and headquartered in London, United Kingdom, regulated by the FCA. It currently offers products including currency pairs, commodities and indices to traders. In addition, it offers two types of accounts and it also supports the use of the MT4 platform, allowing traders to trade with 0 commissions and 0 spreads.

Pros and Cons

ProsCons
No commissions
Spread as low as 0 pips
Support MT4

Is PLSXA Legit?

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
Regulated Country
FCAPLSXA GLOBAL LIMITEDCommon Business Registration15503273General Registration
Regulated Authority

What Can I Trade on PLSXA?

You can trade on PLSXA: forex, such as EUR/USD,GBP/USD, GBP/USD, etc. Then there are commodities, both hard and soft; In addition, more than 15 index CFDS are traded.

Tradable InstrumentsSupported
Forex
Commodities
Indices
Stocks
Bonds
ETF
What Can I Trade on PLSXA?

Account Types

PLSXA offers two types of accounts-STANDARD ACCOUNT and ECN ACCOUNT. They all require a minimum deposit of $200.

Compare the two accounts. The difference is spread and commission. The minimum spread is from 1 pip for the STANDARD ACCOUNT and from 0.0 pip for the ECN ACCOUNT. The commission is $0 on the STANDARD ACCOUNT and $4 per round trade on the ECN ACCOUNT.

Account TypesSTANDARD ACCOUNTECN ACCOUNT
PlatformsPLSXAPLSXA
SpeedInstant ExecutionInstant Execution
Products250+ Currency pairs, Indices, Commodities, Share CFDs250+ Currency pairs, Indices, Commodities, Share CFDs
LeverageUp to 500:1Up to 500:1
Min SpreadFrom 1 pipFrom 0.0 pip
Commission$0 Commission$4 per round trade
Min. Deposit$200$200

PLSXA provides a simple and straightforward account opening procedure.

Account Types

PLSXA Fees

Given the account type, the lowest difference is supported from 0.0 pip. There is also no commissions .

In the forex pairs, the EUR/USD spread is 0.0, and the rest of the forex pairs are between 0.2 and 0.5. The spread for commodities ranges from 0.2 to 11.4. In addition, the spread of the index remained at 0.2 to 1.9.

PLSXA Fees
PLSXA Fees
PLSXA Fees

Trading Platform

The trading platform PLSXA offers is MT4, which traders can use on both desktop and mobile.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Desktop, MobileBeginner
MT5
Trading Platform

Deposit and Withdrawal

PLSXA supports Mastercard, VISA, NETELLER, Skrill and BANK TRANSFER.

Deposit and Withdrawal

User Reviews

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User comment

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Comments

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Goldish viewer
more than one year
Ease of navigation and the ability to customise my trading workspace user-friendly interface. what I like most is the transparent fee structure, with no charges for account, deposits, or withdrawals. reliable comprehensive trading platform.
Ease of navigation and the ability to customise my trading workspace user-friendly interface. what I like most is the transparent fee structure, with no charges for account, deposits, or withdrawals. reliable comprehensive trading platform.
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2024-07-19 16:57
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Arya Dimas Satria
more than one year
Heard this broker had lightning-fast execution and no commissions, so I gave them a shot. Totally true - execution is super speedy and no fees to worry about!
Heard this broker had lightning-fast execution and no commissions, so I gave them a shot. Totally true - execution is super speedy and no fees to worry about!
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2024-05-08 18:12
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