I tried to open a DEMO account which I had to register and I can’t open a demo until I complete KYC, but anyway, they do separate CFD and forex in their back office, so it looks like regular spot forex trading
MY Bad 
Share CDFs
Trade stockes on NASDAQ, NYSE, ASX, HKE & LSE
But they don’t use CFD to describe forex trading as they do on their website
For sure. From the customer perspective of actually doing it, they’re identical.
The only difference is a mechanical one inside the broker: either currencies change hands between the customer and the broker or they don’t. The customer can’t possibly tell this by looking just at his end. Only the details inspected (or not!) by a regulator or an internal auditor can determine whether or not that has actually happened (and therefore whether or not it was a CFD).
I agree.
I’m just trying to profit off the fluctuation of the price without physically owning the asset, whatever they want to call it. 
They should update their email because I just requested a payout and it still mentions 48 working hours.
Let’s see how long does it really takes.
Yes, keep the thread updated on your withdrawal
Update: (London time)
So, speed was very good.
Cost is bad. Withdraw was in USDC.
Exchange rate at that moment was 1.00 but they charged 17 USD for a withdraw of only $1300 (from $1300 I only received USDC 1283). Gas fee was less than $0.60 so they are charging quite a lot for withdraws.
From the article you referenced on Benzinga comparing CFD’s and forex trading:
Q Can you trade forex without a CFD?
A Yes, you can trade forex without a CFD if you trade directly in the spot forex market. This approach means that you buy and sell actual currencies at their current market prices without using derivative contracts or leverage. [emphasis added]
This would tell me that even trading forex on a broker regulated in the U.S., such as OANDA, I must have been trading a CFD, because I was using leverage, and there was no way to arrange for OANDA to send me the Euro or whatever other currency I was “buying”.
FWIW trading on Ox Securities at least looks like trading forex with any broker. I have used Signal Start to copy a signal to my MT5 account there.
I am still with PlexyTrade with no issues, thus far.
Anyone else?
I am still with PlexyTrade with no issues, thus far.
My experience is the same. Haven’t needed to withdraw since the switch from LQDFX. I did make two deposits recently in USDC via Confirmo. The funds were credited to my account within minutes—almost immediately. Conversion charges were negligible.
This is one of the guys I follow, I was trading with LQDFX and so was he, he’s now with Plexytrade.
$18,000 Withdrawal - New Broker Plexy Trade
Good to hear. i will admit i was worried about the switchover.
Got to be honest that I originally thought, “oh no… dont’ be a scam alert video!” haha
That’s understandable because most of these videos are selling something. I don’t buy anything they sell and do not recommend anyone else buy anything they sell.
The thumbnail is actually quite funny lol 
I took everything I had there because withdraw costs are too high IMO.
(this post and some others following it)
That was a major problem when I was trading with them
6.5% withdrawal fee on stables is too bad, I’d be okay only up to 1%.
If we are still talking about withdrawing from Plexytrade, it makes a difference which “gateway” you choose. I would guess the high withdrawal fees were for using the “Crypto” gateway. Fees are much lower if you choose Confirmo.
Sorry I disagree. There are other brokers who charge much lesser in cryptos. Members have shared experiences in this thread recently.
Not just cheaper, I damn near get all the money that I requested even after I convert it to USD, No BS
