Purple Trading review: Regulations, Platforms, Features and Ratings.

2.929 · 7 REVIEWS
Updated: May 5, 2022 · Purple-Trading.com  · Is this your company?

What is Purple Trading?

Purple Trading is a forex broker with MetaTrader 4, the top forex trading platform.

Purple-Trading.com offers over 60 forex currency pairs, gold, silver, bitcoin and other cryptocurrencies for your personal investment and trading options.

Please read Purple Trading Reviews below and share your live trading experiences with this broker.

Purple Trading

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 400:1
Minimum Deposit: $100
Established: 2015
Address: 11, Louki Akrita, CY-4044 Limassol, Cyprus
Customer Service: support@purple-trading.com, +420 228 884 711
Regional offices:
Regulations: CySEC #271/15
Prohibited countries:
Trading platforms: MT4, cTrader, PurpleZone
WebTrader: ✅ Yes
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (60+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (10+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
News Spike Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

PAMM: ✅ Yes
Deposit Methods: Bank Wire (Bank Transfer), VISA, MasterCard, Neteller, Skrill
Withdrawal Methods: Bank Wire (Bank Transfer), VISA, MasterCard, Neteller, Skrill

Live discussion

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Purple-Trading.com profile provided by Purple Trading, Sep 2, 2020

Purple Trading is a Forex broker with Czech roots, based on the pure STP model. This means no price re-quotes, no deliberate slippage, and other forms of price manipulation. Traders who will decide to join Purple Trading can experience trading with more than 60 currency pairs, as well as gold, silver, and stock indices. Apart from the industry’s standard (the MT4 platform), Purple enables their clients to trade on state-of-the-art trading platform - the cTrader. Any problems can be dealt with by calling their Polish-speaking customer care department.

#ForexBrokers #cTrader #STP

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2.929 · 7 REVIEWS
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Traders Reviews

Kyjov, Czech Republic,
Feb 7, 2022,
Registered user

TOP EU Broker (that I work for)

Service use: Other

Length of use: over 1 Year

Both ECN and STP account types available, good trading conditions. They also have a lot of quality FX trading strategies offer based on PAMM system - using some of them more then a year and very satisfied with the gain. Also their customer support care is super fast and pro-client!
 
Forex Peace Army
Review moderation team note
5 Star Rating removed.

This reviewer's account was accessed from inside the offices of Purple Trading on the same day the review was submitted.

Per FPA policy, the rating on this review has been set to Zero stars.
Canada, Canada,
Dec 22, 2021,
Registered user

Run by the scammers of The Funding Trader Program

Service use: Demo

Length of use: 0-3 Months

Stay away from this broker-business. Terrible spreads, high comission and low liquidity with spikes everywhere. The broker is run by the scammers behind the new prop firm named The Funded Trader Program. Not only this is a terrible broker, but the broker mt4 installation terminal have a trojan virus! Really digusting! I am going to shut them down like I did with the Trading Talent prop scam firm! For the scammers of The Funded Trader Program, MyFxBook can't lie!
 
Brno, Czech Republic,
Nov 9, 2021,
Registered user

Great education content and narrow spreads

Service use: Live

Length of use: over 1 Year

I trade with Purple 2 years and I really appreciate their narrow spreads and especially super fast execution. Moreover there is no conflict of interest since they are an STP broker. Trustworthy and fair broker.
 
BA, Slovakia,
Jan 11, 2018,
Registered user

Recommend

I think best execution between ECN brokers with EU regulation. I have very good experience.
  1 trader has found this review helpful
Carl,
Germany,
Jan 21, 2017,
Guest

Their trade execution is really lighting fast!!!

Their trade execution is really lighting fast!!! SUPER! Very nicely processed personal zone, where you have everything at your fingertips.

Overall, I definitely recommend.
 
Urum,
Skopje, Macedonia, The Former Yugoslav Republic of,
Jan 10, 2017,
Registered user

Good company - recommended

Good ECN broker. Taking good care of its clients, low spreads and a good price for the service. Fast technologies and stable software solutions. Recommended
 
Lukas,
Czech Republic,
Jan 4, 2017,
Guest

Quality broker with excellent (super fast) execution of trading orders.

Quality broker with excellent (super fast) execution of trading orders.

+ trading execution !!!
+ no spikes, re-quotes, Sl hunting etc... (pure STP/ECN)
+ helpfull support
+ good deposit security
+ great account zone + website

- max leverage 1:200 (but higher leverage as well is not needed)
 

Frequently Asked Questions

Is Purple-Trading a good broker?

Unbiased traders reviews on ForexPeaceArmy is the best way to answer if Purple-Trading is a good broker. https://www.forexpeacearmy.com/forex-reviews/13246/purple-trading-forex-brokers

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Additionally, we'd recommend to check recent Purple-Trading community discussions: https://www.forexpeacearmy.com/community/tags/purpletrading/

Is Purple-Trading regulated?

Purple Trading is a trade mark owned and operated by L.F. Investment Limited.

L.F. Investment Limited is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license. no. 271/15.

What is the minimum deposit for Purple-Trading?

The minimum deposit in Purple-Trading depends on the status of the trader.

  • Starter status is EUR100
  • Standard status is EUR1,000
  • Prime status is EUR20,000
  • VIP status is EUR60,001

What is the maximum leverage for Purple-Trading?

The maximum leverage offered by Purple-Trading depends on the category of the trader.

  • Retail trader is 30:1
  • Professional trader is 400:1