Abstract: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.
PLSXAReview Summary | |
Founded | 2024 |
Registered Country | United Kingdom |
Regulation | General Registration |
Market Instruments | Forex, Commodities, Indices |
Demo Account | ✅ |
Leverage | Up to 1:500 |
Spread | EUR/USD: 0.0 pip |
Trading Platform | MT4 |
Min Deposit | $100 |
Customer Support | Online chat |
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 | Cons |
No commissions | |
Spread as low as 0 pips | |
Support MT4 |
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
FCA | PLSXA GLOBAL LIMITED | Common Business Registration | 15503273 | General Registration |
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 Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Stocks | ❌ |
Bonds | ❌ |
ETF | ❌ |
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 Types | STANDARD ACCOUNT | ECN ACCOUNT |
Platforms | PLSXA | PLSXA |
Speed | Instant Execution | Instant Execution |
Products | 250+ Currency pairs, Indices, Commodities, Share CFDs | 250+ Currency pairs, Indices, Commodities, Share CFDs |
Leverage | Up to 500:1 | Up to 500:1 |
Min Spread | From 1 pip | From 0.0 pip |
Commission | $0 Commission | $4 per round trade |
Min. Deposit | $200 | $200 |
PLSXA provides a simple and straightforward account opening procedure.
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.
The trading platform PLSXA offers is MT4, which traders can use on both desktop and mobile.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, Mobile | Beginner |
MT5 | ❌ |
PLSXA supports Mastercard, VISA, NETELLER, Skrill and BANK TRANSFER.
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