Purple Trading

Written by How we review

Purple Trading is a well-regarded forex broker providing access to forex and CFD markets on popular platforms with straightforward pricing and practical tools. It operates via regulated entities and maintains clear trading conditions and responsive support.
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Key facts

7.5/10
Our rating
#150
Trust rank
2016
Founded
2
Licences
207
Countries accepted
HeadquartersCzech Republic
Broker typeECN, STP
RegulationCySEC; FSA
PlatformscTrader, MT4
InstrumentsCommodities, Forex, Indices
Fee levelLow

Updated

Pros

  • • ECN/STP no-dealing-desk execution
  • • Tight raw spreads
  • • MT4 and cTrader platforms
  • • Level II Depth of Market (cTrader)
  • • Supports EAs, hedging, and scalping

    • Cons

  • • ESMA leverage cap (max 1:30 for retail)
  • • No MetaTrader 5 (MT5) platform
  • • No guaranteed stop-loss orders (GSLO)
  • • Relatively limited product range vs multi-asset brokers
  • • Not available to U.S. clients

    • Key Features

  • • STP ECN no dealing desk execution with deep liquidity
  • • CySEC regulation segregated funds and negative balance protection
  • • MetaTrader 4 and cTrader with Level II depth of market
  • • Forex and CFD trading on indices and commodities
  • • Copy trading and multi account manager solutions
  • • VPS and low latency support for algorithmic trading scalping and hedging

    • Similar Brokers

    Where This Broker Ranks

    Purple Trading is not in the top 10 for any country or territory we rank yet. Each list shows the ten highest-rated brokers that accept clients there. How we rate brokers · All rankings by country

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

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    Frequently Asked Questions

    Purple Trading is an online broker for forex and CFD trading. You open an account, verify your identity, fund it, and place orders on supported platforms. Orders execute at available prices; slippage and partial fills can occur in fast markets. You control order types, position size, and risk settings. Education and research may be available, depending on your region. Review the legal documents and platform terms. This is general information, not financial advice.

    Regulation varies by entity and your country. You onboard with the company that serves your region. Client funds are usually kept in segregated bank accounts, separate from company money. Extra protections, such as negative balance protection, may depend on your classification and jurisdiction. Read the terms, key information documents, and risk disclosures to see what applies to you. Confirm the legal name, permissions, and contact details on the broker's site. This is general information, not financial advice.

    Typical costs include spread, commission, and overnight financing on leveraged positions. You may also face currency conversion costs, deposit or withdrawal processing fees, and an inactivity fee if you do not trade for a while. Actual charges depend on your account type, platform, instrument, and region. Current rates are listed in the fee schedule and contract specifications. This is general information, not financial advice.

    You can trade major and minor currency pairs and a range of CFDs, depending on your entity. Available markets may include indices, commodities, shares, and digital assets. Instrument lists, tick sizes, and trading hours vary by symbol. You place orders on industry‐standard third‐party platforms available on desktop, web, and mobile. Check the product disclosure and platform guides for details on features, order types, and costs. This is general information, not financial advice.

    You apply online, complete a suitability form, and upload proof of identity and address. Once approved, you fund your account using supported methods in your name. Withdrawals usually return to the original source to meet payment rules. Processing times depend on the method and compliance checks. Extra verification may be required before a payout. Fees and limits vary by region. Manage payments from the secure client area and keep your account details up to date. This is general information, not financial advice.

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