Purple Trading
Rating: 2.5 / 5Purple Trading is a CySEC-regulated STP/ECN broker promising fair-play trading without requotes, stop-loss hunting, market manipulation, delayed execution, or increased slippage. Traders get MT4 and cTrader, and Purple Trading offers passive investment strategies. I conducted an in-depth review to evaluate trading fees and the trading infrastructure. Does Purple Trading provide a competitive edge at the right price?
Purple Trading is a CySEC-regulated STP/ECN broker promising fair-play trading without requotes, stop-loss hunting, market manipulation, delayed execution, or increased slippage. Traders get MT4 and cTrader, and Purple Trading offers passive investment strategies. I conducted an in-depth review to evaluate trading fees and the trading infrastructure. Does Purple Trading provide a competitive edge at the right price?
Broker Details
- Headquarters
- Czech Republic
- Established
- 2015
- Min Deposit
- $100
- Execution
- ECN/STP
- Regulators
- CySEC
Trading Conditions
- Retail Loss Rate
- 74.80%
- Min Raw Spreads
- 0.3 pips
- Min Standard Spreads
- 1.3 pips
- Min Forex Commission
- $5.00 to $10.00 per 1.0 round lot
- Trading Hours
- CryptocurrenciesNot applicable - Not applicableForexMonday 00:06 - Friday 23:58CommoditiesMonday 01:00 - Friday 23:58European EquitiesMonday 10:00 - Friday 18:30US EquitiesMonday 16:30 - Friday 23:00
Accounts & Funding
- Funding Methods
- 4
- Deposit Fees
- Yes
- Withdrawal Fee
- Yes
Platform & Features
- Trading Platforms
- MetaTrader 4, cTrader
- Regulators Detailed
- Cyprus Securities and Exchange CommissionCountry: CyprusLicense: 271/15
Pros
- Education and research for beginner traders
- MT4 and cTrader platforms are available
- STP/ECN trading environment with fast order execution
Cons
- Expensive trading costs for most traders
- No cryptocurrency trading
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