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

3.248 • 8 REVIEWS
Updated: Feb 20, 2024

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.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 400:1
Minimum to Open Live: $100
Established: 2015
Address: 11, Louki Akrita, CY-4044 Limassol, Cyprus
Contact: support@purple-trading.com, +420 228 884 711
Regional offices:
Regulators: CySEC #271/15
Prohibited countries:
Trading platforms: MT4, cTrader, PurpleZone
Web Trading: ✅ 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 Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

PAMM: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, Skrill
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, Skrill
* Please check broker website for more information
3.248 • 8 REVIEWS

Recent User Reviews of Purple Trading

Zvolen, Slovakia,
Nov 28, 2023,
Registered user

Hidden Hazards of High Spreads, Promises Unkept

Service use: Live Length of use: 6-12 Months
My experience with this trading platform has been nothing short of a nightmare. Their way of handling trades is highly unprofessional, with issues like increased spreads and random closures of positions without any valid reason. The Copytrading feature is also fraught with errors, and my complaints about these issues have been consistently ignored.
The only positive aspect is their advertising and educational content, which unfortunately doesn't mirror the actual service quality. They seem to use certain features like CapitalGuard more for their own financial gain rather than to assist their clients, often closing trades to their advantage.

The customer service is particularly appalling. They are non-responsive and indifferent to customer issues, even in instances where they acknowledge their own mistakes. The fact that they refuse to offer any compensation for their faults is evidence of their disregard for client welfare.

I strongly recommend against using this platform. The financial losses, coupled with the sheer amount of time and stress involved, are not worth it. There are many more reliable and customer-friendly trading platforms out there.
Poland, Poland,
May 31, 2022,
Registered user

Good STP broker, low spreads fast execution.

Service use: Live Length of use: over 1 Year
I have been trading with Purple for 1,5 year and I really appreciate their low spreads and lightning fast order execution thanks to the use of modern and stable software. As it is an ECN and STP broker and while the trader is trading they are only intermediaries - there is no conflict of interest, the broker does not earn on our losses. I never happened to notice any attempts of price manipulation. They also have high quality FX trading strategies based on the PAMM system giving the possibility to copy the transactions of professional traders. Customer service is fast and helpful. Withdrawals 3-5 days on wire transfer, on card 1-2 days. A recommendable honest broker.
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.
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


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

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.
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
Czech Republic,
Jan 4, 2017,

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