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We help you pick the best broker for your needs with our broker comparison tool. Select 2 brokers and see exactly what makes them different.
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Plexytrade
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OKX
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Founded in 2024 and based in Saint Lucia, Plexytrade is an ECN/STP broker for active traders. It offers four account types, crypto deposits and withdrawals, and leverage up to 1:2000. | OKX, established in 2017, is a respected cryptocurrency firm offering a wide range of products, including trading and NFTs. Traders have access to over 400 crypto tokens through OTC trading and derivatives. With a strong web platform, developer tools, and advanced charts, OKX is a popular choice for technical traders. | |
| Instruments | CFDs, Forex, Indices, Stocks, Commodities, Crypto | Spot, Futures, Swaps, Options, X-Perps |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $50 | 10 USDT |
| Trading Platforms | MT4, MT5, TradeLocker | AlgoTrader, Quantower |
| Payment Methods | Bitcoin Payments, Ethereum Payments | Apple Pay, Banxa, Bitcoin Payments, Credit Card, Ethereum Payments, Google Wallet, Mastercard, PayPal, Simplex, Visa, Wire Transfer |
| Minimum Trade | 0.01 | Variable |
| Regulator | FinCEN, VARA | |
| Account Currencies | USD, EUR | USD, EUR, GBP, INR, JPY, SGD, RUB, AED, SAR |
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| Mobile Apps | iOS & Android | Android & iOS |
| App Review | Plexytrade offers 100+ instruments through the MT4 and MT5 mobile apps instead of its own app. MetaTrader suits experienced traders but may be difficult for beginners. Deposits, withdrawals, and account management must be done on the Plexytrade website, limiting the mobile experience. | |
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| Margin Trading | ✓ | ✓ |
| Account Types | STP, ECN | |
| AI / Machine Learning | ✗ | ✓ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✓ | ✗ |
| Market Maker | ✗ | ✗ |
| P2P Trading | ✗ | ✓ |
| Spot Trading | ✗ | ✓ |
| Auto Trading | Expert Advisors (EAs) on MetaTrader | ✓ |
| Copy Trading | ✗ | ✗ |
| Social Trading | ✗ | ✗ |
| VPS Hosting | ✓ | ✗ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✗ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $0 | |
| Islamic Account | ✓ | ✗ |
CFD Trading | ||
Plexytrade provides an assortment of CFDs, letting you predict price movements of 15 indices, 48 US stocks, 3 commodities, 4 metals, and 5 cryptocurrencies. Also, their free margin calculator helps you determine the necessary amount needed to initiate and uphold leveraged positions in trading. | ||
| Leverage | 1:2000 | |
| FTSE Spread | 0.8 | |
| GBPUSD Spread | 0.8 | |
| Oil Spread | 5 | |
| Stocks Spread | 5 | |
Forex Trading | ||
Plexytrade offers the opportunity to trade in three types of forex pairs: major, minor, and exotic. They provide a high leverage of 1:2000 and low spreads starting at 0.0 - these features can be attractive to experienced traders seeking profits from small price movements. However, the platform's variety is restricted as they offer only 41 currency pairs, which is considerably less compared to the 100+ forex assets offered by IG. | ||
| GBPUSD Spread | 0.8 | |
| EURUSD Spread | 0.7 | |
| EURGBP Spread | 1.1 | |
| Assets | 40+ | |
Cryptocurrency Trading | ||
Plexytrade provides traders the opportunity to benefit from cryptocurrency market fluctuations. It offers leveraged trading in 5 well-known cryptocurrencies, including Bitcoin. Still, the limited selection of digital tokens falls behind top brokers such as Eightcap, which boasts over 100 crypto derivatives. | OKX provides an excellent range of over 400 tokens including Bitcoin and Ripple. You can purchase and sell tokens or engage in margin trading through perpetual swaps, options, and futures. OKX is renowned for its low costs, extensive token selection, and swift cryptocurrency transactions. | |
| Crypto Spread | 1.1 | Variable |
| Crypto Coins | BTC, ETH, LTC, SOL, XRP | 1INCH, AAVE, ACA, ACE, ACH, ADA, AERGO, AEVO, AGLD, AIXBT, ALCX, ALGO, ALPHA, AMP, ANIME, APE, API3, APT, AR, ARB, ARG, ARKM, ARTY, ASTR, ATH, ATOM, AUCTION, AVAX, AXS, BABY, BABYDOGE, BADGER, BAL, BANANA, BAND, BAT, BCH, BERA, BICO, BIGTIME, BIO, BLUR, BNB, BNT, BOME, BONE, BONK, BORA, BSV, BTC, BTT, CAT, CATI, CELO, CELR, CETUS, CFG, CFX, CHZ, CITY, CLV, COMP, CORE, CRO, CRV, CSPR, CTC, CTXC, CVC, CVX, CXT, DAI, DAO, DASH, DEGEN, DEP, DGB, DIA, DOGE, DOGS, DOT, DUCK, DYDX, EGLD, EIGEN, ELF, ELON, ENA, ENJ, ENS, EOS, ERN, ETC, ETH, ETHFI, ETHW, EURC, FET, FIL, FLM, FLOKI, FLOW, FLR, FLUID, FORTH, FXS, G, GALA, GAS, GEAR, GHST, GLM, GLMR, GMT, GOAT, GODS, GOG, GRT, HBAR, HMSTR, ICP, ICX, ID, ILV, IMX, INJ, IOST, IOTA, IP, IQ, JASMY, JOE, JST, JTO, JUP, KAIA, KAITO, KAS, KDA, KNC, KSM, LAT, LAYER, LDO, LEO, LINK, LOOKS, LPT, LQTY, LRC, LSK, LTC, LUNA, LUNC, MAGIC, MAJOR, MANA, MASK, MDT, MEME, MEMEFI, MENGO, MERL, METIS, MEW, MINA, MKR, MLN, MOODENG, MORPHO, MOVE, MOVR, NAVX, NC, NEAR, NEIRO, NEO, NMR, NOT, NULS, OAS, OKB, OKT, OL, OM, OMI, ONDO, ONE, ONT, OP, ORBS, ORDI, OXT, PARTI, PENDLE, PENGU, PEOPLE, PEPE, PERP, PHA, PI, PIXELS, PNUT, POL, POLYDOGE, POR, PRCL, PRQ, PSTAKE, PYTH, QTUM, RACA, RADAR, RAY, RENDER, RIO, RON, RPL, RSR, RSS3, RVN, SAFE, SAMO, SAND, SATS, SC, SCR, SD, SEI, SHIB, SKL, SLP, SNT, SNX, SOL, SONIC, SPURS, SSV, STETH, STORJ, STRK, STX, SUI, SUSHI, SWEAT, SWFTC, T, TAO, THETA, TIA, TON, TRB, TRUMP, TRX, TURBO, TWT, UMA, UNI, USDC, USDT, USTC, VET, VIRTUAL, W, WBTC, WIF, WLD, WOO, XCH, XEM, XLM, XMR, XRP, XTZ, YFI, ZEC, ZEN, ZK, ZRO |
| Crypto Lending | ✗ | ✓ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✓ |
| Auto Market Maker | ✗ | ✗ |