Plexytrade bought out LQDFX in 2024 and moved a lot of the employees over to Plexy. The service has been seamless, and they support mobile Metatrader 4 which is awesome. They have been super easy to work with. Crypto in/out only. Takes USA clients.

My experience with PlexyTrade has been similar to that of other brokers offering 500:1 leverage, but without the excessive commissions. While spreads do increase with volume, I haven't noticed anything out of the ordinary. I've successfully withdrawn $600 and haven't encountered any issues. However, I am concerned that a friend was unable to create an account, and I couldn't even set up a demo account. This raises red flags, suggesting that they may be limiting the number of trading accounts on their servers, but I'd rather that be the case than a problem with funding.

Every winning position was eroded by slippage until my account balance turned negative My experience with this broker ended with heavy personal losses caused by their practices, not the market.