Purple Trading Review 2026

Item: Purple Trading
Rating: 5.9
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: July 04, 2026

Top Brokers Overview — United States

Visit the site anyway

Min. deposit $500
Fees 6 /10
Account types 6.1 /10
Regulation 9 /10

5.9 /10

Moderate risk

Purple Trading User Reviews 4.0
Commissions and Fees 6.0
Regulation and Safety 9.0
Account Types 6.1
Deposit and Withdrawal 5.3
Markets and Tradable Assets 5.3
Trading Account Opening 6.0
Customer Support 6.7

Purple Trading Pros & Cons

Support for trading different asset classes.
Available minimum deposit size.
CySEC license and regulation by authoritative EU commissions.
Ability to earn passive income through PAMM accounts and invest in ETFs.
Availability of MetaTrader 4 and cTrader trading platforms.
Tight spreads on both ECN and STP accounts.
No deposit, withdrawal, or account maintenance fees.

High leverage is available only to professional clients.
The broker does not cooperate with traders from outside the EU.
There are no contests or bonuses.

TU Expert Verdict

Purple Trading demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

Top-5 Brokers Traders Prefer

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Trading.com USA

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OANDA

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FOREX.com

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Purple Trading User Reviews

Score:

4 /10

47 total

5-star

0%
4-star

0%
3-star

21%
2-star

55%
1-star

23%

I chose Purple Trading to start because of the educational materials and demo account. The minimum deposit of $500 isn’t the lowest, but it comes with European regulation and the option to copy successful traders’ deals through PAMM. Support responds quickly to questions.

I pay close attention to spreads and platform options, which is why Purple Trading caught my interest with support for MetaTrader 4 and cTrader, as well as EUR/USD spreads starting from 0.1 pips. I work with ECN accounts and see the benefits of no account maintenance fees and support for PAMM accounts. The minimum lot is 0.01, and the margin requirements (Stop Out at 20%) suit my trading style. The only downside is the limited selection of instruments, but the affiliate program is genuinely effective.

I chose Purple Trading because of its support under European jurisdiction, as well as its bonus programs and copy-trading options. It’s important that the broker has been operating since 2012, and its security level is rated 9 out of 10 by Traders Union. There are no fees for deposits or withdrawals, PAMM accounts work properly, and active traders benefit from a flexible status system.

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Commissions and Fees

Score:

6 /10

The trading and non-trading commissions of Purple Trading have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No inactivity fee

Deposit fee applies
Withdrawal fee applies

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Purple Trading with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Purple Trading’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Purple Trading Standard spreads
	Purple Trading	ZForex	OANDA
EUR/USD min, pips	0.3	0.1	0.1
EUR/USD max, pips	0.5	0.4	0.5
GPB/USD min, pips	0.3	0.2	0.1
GPB/USD max, pips	0.7	0.6	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

Purple Trading RAW/ECN spreads
	Purple Trading	ZForex	OANDA
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	5	7	3.5
EUR/USD avg spread	0.1	0.1	0.15
GBP/USD avg spread	0.1	0.15	0.2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Purple Trading. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Purple Trading Non-Trading Fees
	Purple Trading	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0-0.5	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0-0.5	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0-15
Inactivity fee ($, per month)	0	0

Is Purple Trading Safe?

Score:

9 /10

Purple Trading has a safety score of 9/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection
Track record over 14 years

Strict requirements and extensive documentation to open an account

Purple Trading Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
CySec	Full Name Cyprus Securities and Exchange Commission	Country of regulation Cyprus	Investor Protection Fund Up to €20,000	Regulation Level Tier-1

Purple Trading Security Factors
Foundation date	2012
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

6.1 /10

Purple Trading offers the following account options: Demo, Standard, ECN/Raw spread.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Standard account with balanced trading conditions
Low minimum deposit
Tight spread ECN account

Micro lots are not available
No Cent account

Purple Trading account types vs top competitors
	Purple Trading	ZForex	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	Yes	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	Yes	Yes
VIP	No	No	No
Managed	No	No	No

Purple Trading accounts trading conditions

Purple Trading offers three accounts: ECN, STP, and Pro. Every trader who meets the requirements of deposit size, balance, and trading days can obtain one of the four statuses, such as Starter, Standard, Prime, and VIP. The higher the status, the lower the spreads on STP and commission per lot on ECN. To get Starter status you have to deposit from €100 to €1,000; Standard is from €1,000 to €20,000; Prime is from €20,000 to €60,000; and VIP is more than €60,000. To get the loyalty level Standard, you have to have actively traded for at least 6 months; for Prime, for at least 12 months; and for VIP, for at least 24 months.

Account types:

Account Type	Description
STP	is a Direct Market Access Account, which allows you to trade all available currency pairs and CFDs, except CFDs on cryptocurrencies. The minimum deposit is 100 USD/EUR. The size of the spread depends on the status obtained. The broker offers spreads from 1.6 pips for Starter and Standard; from 1.4 pips for Prime; and from 1.1 pips for VIP status.
ECN	is an account with spreads from 0.5 pips and supports cryptocurrency trading via MT4. Like the STP account, it requires a minimum deposit of 100 USD/EUR. The commission per lot for traders with Starter and Standard statuses is $10; for Prime, it’s $8; and for VIP, it’s $5.
PRO	is an account that only clients with a Professional status can open. Professional traders have the opportunity to trade with increased leverage. The maximum leverage is provided on currency pairs. The exact amount depends on the total balance of the trading account. With a balance of up to €10,000, the leverage is up to 1:500; from €10,000 up to €100,000, it’s 1:200; and over €100,000, it’s 1:100.

The broker allows testing the trading conditions and the platform's functionality using free Demo accounts with conditions identical to those of the real accounts.

Purple Trading is an STP broker which aims at meeting the demands of every trader, regardless of their experience and capital available.

Deposit and Withdrawal

Score:

5.3 /10

Purple Trading received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

Purple Trading provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Low minimum withdrawal requirement
Bank card deposits and withdrawals
Bank wire transfers available
Minimum deposit below industry average

BTC not available as a base account currency
Limited deposit and withdrawal flexibility, leading to higher costs
BTC payments not accepted

What are Purple Trading deposit and withdrawal options?

Purple Trading provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire.

Purple Trading Deposit and Withdrawal Methods vs Competitors
	Purple Trading	ZForex	Plus500
Bank Wire	Yes	No	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	No	Yes	No

What are Purple Trading base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Purple Trading supports the following base account currencies: USD, EUR, GBP, CZK, PLN.

What are Purple Trading's minimum deposit and withdrawal amounts?

The minimum deposit on Purple Trading is $500, while the minimum withdrawal amount is $0. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Purple Trading’s support team.

Markets and Tradable Assets

Score:

5.3 /10

Purple Trading offers a limited selection of trading assets compared to the market average. The platform supports 142 assets in total, including 60 Forex pairs.

Indices trading
60 supported currency pairs
Crypto trading

Bonds not available
Futures not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by Purple Trading with its competitors, making it easier for you to find the perfect fit.

	Purple Trading	ZForex	Plus500
Currency pairs	60	50	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	142	80	2800
Stocks	Yes	Yes	Yes
Commodity futures	Yes	Yes	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	Yes	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products Purple Trading offers for beginner traders and investors who prefer not to engage in active trading.

	Purple Trading	ZForex	Plus500
Bonds	No	No	No
ETFs	No	No	Yes
Copy trading	No	Yes	No
PAMM investing	Yes	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

6 /10

We successfully registered an account with Purple Trading in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Purple Trading is $500.

The onboarding procedure works as expected, although there is room for improvement in speed and simplicity.

Fully online account opening process
Low minimum deposit requirement

Account approval may require extra time depending on the documentation.
Registration process may take longer than expected

Purple Trading account opening
	Purple Trading	ZForex	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$500	$10	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	20	8	5
KYC time (days)	2	1	3

Is Purple Trading available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

To start trading with Purple Trading, you need to register on the company's website and create a member’s area. To do this, follow the steps below:

Go to the Purple Trading website and click Open Account.
In the registration form, enter your first name, last name, email address, country, and phone number.
Select your account currency.
Log in to your member’s area using your email and password.
Functions of the member's area:
- Opening a new trading account.
- Making a deposit.

Also in the member’s area, the client can:

Open additional accounts.
Transfer funds between his own accounts.
Request a withdrawal of funds.
Generate reports on commissions deducted by the company.
Switch to and disconnect from the strategies of professional traders.
Review all open and closed positions as well as the effectiveness of the chosen strategy.
Track returns on ETF portfolios.

Customer Support

Score:

6.7 /10

Customer support at Purple Trading is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. Purple Trading provides basic support functionality but does not stand out in overall service performance.

Information

Support operators are available from 8:00 to 16:00 Monday to Friday (CET). Technical support is not available on weekends or holidays.

Prompt response through any form of communication
No registration is required to communicate with a live chat operator
Support is available in 6 languages

Works in 8/5 mode
Callback orders are not available

You can contact the support in the following ways:

by phone, listed in the Contact block;
through online chat on the website;
via email;
Through Facebook, LinkedIn, and Twitter.

The Contact section also contains an emergency phone number that can be used to call in case of problems with logging into a trading account or placing an order.

Contacts
Foundation date	2012
Registration address	Suite 3 Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles
Regulation	CySEC, BaFin, ESMA, SFSA Licence number: SD041
Official site	https://www.purple-trading.com/
Contacts	support@purple-trading.com help@purple-trading.sc +44 14 46 506 711, +44 14 46 509 157

Best Purple Trading Alternatives

zForex

7.9 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.5 /10

Regulation Tier-1

EUR/USD 0.5 pips

Trading.com USA

6.8 /10

Regulation Tier-1

EUR/USD 0.9 pips

OANDA

6.8 /10

Regulation Tier-1

EUR/USD 0.1 pips

FOREX.com

6.7 /10

Regulation Tier-1

EUR/USD 0.7 pips

Purple Trading Video Guides

FAQs

What regulation and investor protection measures does Purple Trading have in place?

Purple Trading is regulated by the Cyprus Securities and Exchange Commission (CySEC), a Tier-1 regulator, and participates in an investor protection fund that covers eligible clients up to €20,000. The broker has a safety score of 9/10, offers negative balance protection, and requires KYC verification, which together indicate a high security level according to the review.

How do Purple Trading account types differ in terms of minimum deposits, spreads, and leverage?

Purple Trading offers STP, ECN, and PRO accounts, each with a minimum deposit of 100 USD/EUR for STP and ECN, while the PRO account is available only to clients with Professional status. STP accounts provide spreads starting from 1.6 pips for Starter/Standard status and as low as 1.1 pips for VIP, while ECN accounts have spreads from 0.5 pips with commissions that decrease from $10 to $5 per lot as status increases. PRO accounts offer higher leverage on currency pairs, with maximum leverage up to 1:500 for balances up to €10,000, 1:200 for €10,000–€100,000, and 1:100 for balances above €100,000.

What do reviews and feedback say about overall user satisfaction with Purple Trading?

User satisfaction with Purple Trading is described as mostly negative, with a user satisfaction score of 4/10 based on 47 reviews. The rating distribution shows 0% 5-star and 4-star reviews, 21% 3-star, 55% 2-star, and 23% 1-star ratings, indicating that, according to user reviews, many clients report less favorable experiences.

How do users describe the account opening experience with Purple Trading in their feedback?

The review notes that an account with Purple Trading was successfully registered in about 20 minutes, and KYC verification was completed within 2 business days, with a minimum deposit of $500. The process is fully online and functional, but it is mentioned that registration and approval may take longer than some users expect, suggesting that feedback may highlight room for improvement in speed and simplicity.

What do comments and feedback reveal about Purple Trading customer support?

Customer support at Purple Trading operates Monday to Friday from 8:00 to 16:00 CET and can be reached via phone, online chat, email, and social networks, with an emergency phone number for urgent account issues. The review indicates that response times are moderate and service quality can vary, so comments and feedback suggest that while basic support needs are covered, the overall performance does not particularly stand out.