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120% Deposit Bonus Offered by Plexytrade
How to get Plexytrade’s 120% Deposit Bonus? Here is the full terms and conditions of the promotion.
Plexytrade
An international broker appreciated by traders for its remarkable precision in detail management, Plexytrade provides a safe, efficient, and above all, transparent environment. Created by professionals in the field, the broker operates on the highest standards of security, a feature highly sought after by traders who intend to trade without worrying about unpleasant issues, arising from hidden fees, unclear prices, withdrawal prohibitions, and more.
In addition to being clearly secure, the broker-managed environment offers traders the opportunity to invest in a wide range of products under advantageous and flexible conditions, using state-of-the-art tools and functions on the latest generation platforms (MT4 and MT5).
- Segregated Accounts.
- In compliance with prevailing regulations, trader funds will be held in segregated accounts separate from the company’s accounts.
- Fast and Efficient Payment Processing.
- Being aware of how essential it is to perform transactions safely and quickly, the broker has a wide list of flexible and protected payment methods. The trader can decide which among these is most suitable for their needs and make deposits – withdrawals at any time.
- Tier-1 Liquidity
- To ensure the best trading conditions and solid fund security for the client, the broker uses excellent liquidity providers, both institutional and retail.
- Negative Balance Protection
- A mandatory service offered by strictly regulated brokers, negative balance protection ensures that traders can’t lose more than what they’ve deposited into their account. And in case an account falls below zero, the broker will reset it at no additional cost, totally free.
- Excellent Trading Conditions.
- With instant deposits, trading commissions starting from zero, variable spreads starting from 0.0 pip, a max leverage up to 1:2000, security and execution speed without any intermediaries (STP), the trader will be able to trade at their best to take full advantage of any opportunity.
- Popular and Powerful Platforms.
- Definitely two of the most famous and efficient platforms in the world, MT4 and MT5 offer trading tools and functions at the forefront for high-performance trading.
- Flexible Accounts.
- The list of accounts offered by the broker has been carefully structured to allow traders of any level or need to find the most suitable option for their modus operandi.
- Promos and Advantageous Initiatives.
- The broker periodically offers traders the opportunity to access interesting promotional initiatives. Among many, the 120% Deposit Bonus is undoubtedly the most popular.
Visit the Official Plexytrade Site
120% Deposit Bonus
An attractive promo that offers traders the opportunity to receive withdrawable extra funds! The deposit promo launched by the broker allows traders to receive a 120% bonus on every deposit made up to a max of $24,000, which can be withdrawn if trading conditions are met.
Maximum transparency, no fees, or vague rules. A promo clear from every point of view: Request the promo, make the required minimum deposit, trade to meet the withdrawal requirements. Nothing could be simpler.
The promo works like this, it is compatible with all the accounts offered by the broker. The interested trader must hold a strictly verified account. To activate the promo, a minimum deposit of $200 is necessary. By participating in the initiative, the trader will receive 120% extra funds on every deposit made, up to a total of $24,000. Each trader can decide to activate the promo on a max of 3 different accounts.
The trader can use the extra funds to trade and will be able to withdraw them if the following trading conditions are met:
- During the promotional period, the trader must trade a total volume of 100,000 round turn units on Forex and metals
- To be considered valid for the calculation of the volume needed for withdrawal, each operation must be opened and closed for more than 3 minutes.
- The calculation that will allow knowing the total volume is as follows: Amount deposited / 6 = Number of eligible lots required.
Promotion | 120% Deposit Bonus |
---|---|
Minimum Deposit Required | $200 |
Withdrawal of Extra Funds | Available if conditions are met |
Withdrawal of Profits | Available at any time |
Compatible Accounts | Any offered account (except PAMM accounts) |
Maximum Bonus Amount | $24,000 |
Trading Restrictions | None |
Compatibility with Other Promotions Offered | None |
How to Access the Promo
To request the Bonus, the trader must (as already mentioned) hold a verified account and access the promo page on the official site.
Although the initiative is accessible to both existing customers and new registrants, the interested trader will need to open a new account to take advantage of the bonus.
To access the promo, just follow these steps:
- Visit the official Plexytrade site
- Open a new account
- Perform identity verification to activate the account.
- Access the promo by visiting the dedicated page and making the required minimum deposit.
Terms and Conditions
As with any other promo offered by the broker, the client must adhere to the regulations after reading them with extreme attention. Hereafter, a summary of the main rules and information concerning the 120% Deposit Bonus:
- It is necessary to remember that the extra funds resulting from the initiative will not be added to the balance or net equity of the participant until the trading conditions imposed are met. This procedure was created to mitigate risks from trading as much as possible.
- Each client will have the opportunity to activate the promo on three different accounts. If a trader is found violating this rule, all active promos will automatically be canceled.
- The extra funds resulting from the initiative cannot be transferred to other accounts.
- The minimum deposit required to activate the promo is $200. Any deposits below this amount will not allow the client to access the promotional initiative.
- When the trader meets the volume requirements necessary to withdraw the bonus, they must send an email to customer service to expressly request the possibility of withdrawing the extra funds. Once the completion of the withdrawal requirements is verified, the broker will transfer the extra funds into the trader’s balance. Subsequently, it will be possible to trade or withdraw the funds at any time.
- The broker does not impose any time limit to meet the minimum volume requirements.
- The conversion percentage of the promo will be updated by the broker every hour. The client can know it by accessing their personal area.
- The progress percentage of the conversion will be penalized in case the funds are transferred from a trading account enabled for bonuses.
In case the interested trader would like to receive further information about the promo, they can contact the always available support team.
Accounts Compatible with the Offer
As mentioned, all the accounts offered by the broker are compatible with the offer (with the exception of PAMM-type accounts). To access the initiative, every trader must necessarily open a new account, request the bonus, and make the minimum deposit for activation.
Each account offered features characteristics compatible with a certain category of trader. Beginners, professionals, high-volume investment traders, day traders, and others can select the solution best suited to their needs and trade to the best of their abilities.
Following, a detailed overview of the accounts offered by the broker:
Characteristics | Micro Account | Silver Account | Gold Raw Account | Platinum VIP Account |
---|---|---|---|---|
Suitable for | Beginners who want to trade at low risk and zero fees | Traders of any level who prefer a standard approach to trading | Traders who adopt scalping techniques | Professionals with high-volume investments needing a high-performance environment |
Trading Platforms | MT4 – MT5 and Mobile App | MT4 – MT5 and Mobile App | MT4 – MT5 and Mobile App | MT4 – MT5 and Mobile App |
Execution | Market | Market | Market | Market |
Spread | Variable starting from 0.7 pip | Variable starting from 0.7 pip | Variable starting from 0.0 pip | Variable starting from 0.0 pip |
FX Commission (per lot) | Zero | Zero | $2 ($4 round trip) | $1 ($2 round trip) |
Minimum Deposit | $50 | $300 | $300 | $10,000 |
Maximum Leverage | 1:2000 | 1:500 | 1:500 | 1:400 |
Maximum Lot Size Per Order | 5 | 50 | 50 | 80 |
Available Markets | Over 100 products in FX, Indices, Cryptocurrencies, Commodities, and Stocks | Over 100 products in FX, Indices, Cryptocurrencies, Commodities, and Stocks | Over 100 products in FX, Indices, Cryptocurrencies, Commodities, and Stocks | Over 100 products in FX, Indices, Cryptocurrencies, Commodities, and Stocks |
EA – Scalping – Hedging – News Trading | Allowed | Allowed | Allowed | Allowed |
Stop Out | 20% | 20% | 20% | 20% |
Minimum Stop Distance | Zero | Zero | Zero | Zero |
7 Days No Swap | Not Available | Available | Available | Available |
Deposit Fees | Zero | Zero | Zero | Zero |
VPS | Available | Available | Available | Available |
Micro Lot Trading | Available | Available | Available | Available |
Negative Balance Protection | Active | Active | Active | Active |
Personal Account Manager | No | No | No | Yes |
Available Base Currency | USD – EUR | USD – EUR | USD – EUR | USD – EUR |
In case a trader wants to test the offered environment without committing funds, they can opt for opening a demo version of the selected account and trade using virtual funds at zero costs and without any risk.
Open a Real Account with Plexytrade
How to Open an Account
Opening a new account with Plexytrade is a simple, fast, and secure operation. In just a few minutes, the interested trader can sign up, choose the most suitable account, verify the provided data, and start trading.
To register, just perform the following very easy steps:
- First Step
- Visit the official site and click on the “Register” icon visible at the top right of the page. In the new screen, select “Real Account”. Fill in the form by entering: first name, last name, country of residence, phone number, email address, create a password. Click on “Continue”.
- Second Step
- In this step, continue the registration by entering in the new form: gender, date of birth, full address, city, state, postal code. Click on “Continue”.
- Third Step
- Provide information regarding the characteristics of the account to be opened: wallet currency, platform to use, account currency, type of account, max leverage to use. Flag the icons regarding terms and conditions, news about promos, privacy policy. Click on “Submit”. It is advisable to read the regulations carefully before accepting them to avoid unpleasant misunderstandings. Click on “Submit”. The broker will send a confirmation email. Copy the code and enter it in the appropriate space.
- Last Step
- To definitively activate the newly opened account, the trader will have to undergo a verification process to prove their real identity and country of origin. To proceed, they must send a clear front and back photo of a valid identification document (identity card, passport, driver’s license) and a recent utility bill (electricity, gas, internet) containing the complete address (which obviously must be identical to that entered in the first steps of registration). Once deemed suitable, the new client can make a first deposit, access the offered promo, and start trading.