Purple Trading Review 2026

Trading Fees

There is no account opening fee on Purple Trading but you can expect deposit/withdrawal fees for wire transfers in some currencies as well as internal transfer fees. Transfer of funds between two accounts in the same currency is free but a maximum charge of 1% applies if the currencies are different. Beyond these, there are additional trading account fees to consider.

1. Raw Account Fees and Spreads

When you open an account on Purple Trading, you get their ECN account as the default account type. This account functions like what many brokers call a Raw account, meaning tight spreads sourced directly from liquidity providers, and commission-based pricing. With spreads starting from 0.3 pips and a commission that varies by account status, I find this account type well-suited to scalpers and intraday traders who prioritize tight pricing. Entry-level clients (Starter status) pay $10 per lot in commission, which reduces to $8 per lot at Standard status and $5 per lot at Prime and VIP status. Status is earned through a combination of deposit size and active trading history, so the effective cost improves over time. That said, even at the lowest tier, the total trading cost is higher than the industry leaders. For a frequently traded pair like EUR/USD, their 0.70 pip spread is higher than IC Markets’s 0.01 pips and Eightcap’s 0.06 pips. Similarly, their spread for cross-currency pairs exceeds what competitors offer.

RAW Account Spread Comparison	EUR/USDAUD/USDAUD/JPYEUR/GBPEUR/JPYGBP/USDUSD/JPYUSD/CADUSD/SGD	EUR/USDAUD/USDAUD/JPYEUR/GBPEUR/JPYGBP/USDUSD/JPYUSD/CADUSD/SGD	EUR/USDAUD/USDAUD/JPYEUR/GBPEUR/JPYGBP/USDUSD/JPYUSD/CADUSD/SGD	EUR/USDAUD/USDAUD/JPYEUR/GBPEUR/JPYGBP/USDUSD/JPYUSD/CADUSD/SGD	EUR/USDAUD/USDAUD/JPYEUR/GBPEUR/JPYGBP/USDUSD/JPYUSD/CADUSD/SGD
	0.70	0.60	0.80	0.60	0.90
	0.10	0.10	1.00	0.30	1.20
	0.01	0.02	0.50	0.27	0.30
	0.00	0.20	0.20	0.10	0.20
	0.00	0.00	0.10	0.30	0.00
	0.10	0.10	0.90	0.40	0.50
	0.53	0.56	1.00	0.66	1.06
	0.10	0.30	1.40	0.70	0.60
	0.90	0.13	0.17	0.14	0.14

Avg. spreads are taken from each broker's website and updated monthly. Last update on 1 June 2026

2. Standard Account Fees and Spreads

The STP account at Purple Trading is the Standard or commission-free account with costs incorporated into wider spreads starting from 1.3 pips. From my tests, spreads for this account type appear to be higher than most competitors. For example, their EUR/USD spread of 1.80 pips exceeds all listed competitors, with IC Markets offering the tightest spread at just 1.0 pips.

Standard Account Spreads	EUR/USDAUD/USDEUR/GBPGBP/USDUSD/JPYAUD/JPYEUR/JPYUSD/CADUSD/SGD	EUR/USDAUD/USDEUR/GBPGBP/USDUSD/JPYAUD/JPYEUR/JPYUSD/CADUSD/SGD	EUR/USDAUD/USDEUR/GBPGBP/USDUSD/JPYAUD/JPYEUR/JPYUSD/CADUSD/SGD	EUR/USDAUD/USDEUR/GBPGBP/USDUSD/JPYAUD/JPYEUR/JPYUSD/CADUSD/SGD	EUR/USDAUD/USDEUR/GBPGBP/USDUSD/JPYAUD/JPYEUR/JPYUSD/CADUSD/SGD
	1.80	1.60	1.40	1.90	2.00
	1.10	1.10	1.30	1.20	1.30
	1.00	1.00	1.27	1.20	1.10
	1.20	1.30	1.30	1.50	1.10
	1.13	1.01	1.71	1.66	1.12
	1.24	1.44	1.38	1.42	1.59
	1.40	1.60	1.40	1.60	1.80

Avg. spreads are taken from each broker's website and updated monthly. Last update on 1 June 2026

3. Managed Account

Purple Trading also offers a Managed Account for investors who prefer a hands-off approach. Rather than executing trades directly, clients invest from as little as EUR 100 into strategies run by professional traders through the PurpleZone client portal. Available products include passive ETF portfolios and dynamic investment strategies, with access determined by an initial investment questionnaire. Fees are strategy-dependent and structured as a performance fee charged on gains above a high-water mark, a one-off front fee on capital committed, and an ongoing management fee. This account type suits investors who want exposure to the markets without managing day-to-day trading themselves.

4. Swap-Free Account and Fees

If your trading strategy involves holding positions overnight, keep in mind that Purple Trading applies swap fees, which vary by currency pair. These costs can impact long-term profitability, so it’s worth factoring them into your trade planning.

Other Fees

Purple Trading charges a quarterly dormant account fee of 15 USD (15 EUR, 15 GBP, 350 CZK). Dividend adjustments may also be applied to your trading account. This will be based on the size of the dividend, the size of your position, applicable taxes, and trade type (buy or sell) for the specific instrument.

My Verdict On Purple Trading Spreads And Costs

Purple Trading’s ECN account offers spreads starting from 0.3 pips. At entry-level Starter status the commission is $10 per lot, giving a total round-trip cost of around $13 per lot on EUR/USD. That cost falls as clients progress to Standard ($8/lot) and Prime or VIP status ($5/lot). Even at the lowest commission tier the total cost is above the industry benchmark, where leading ECN brokers typically come in between $6 and $7 per round lot. Similarly, the STP account’s spread of 1.3 pips (equating to $13.00 per lot) is above the average spread of 1.1-1.2 pips for standard accounts. Therefore, in comparison to industry standards, Purple Trading’s trading fees seem to be on the higher side.

Trading Platforms

Purple Trading offers four trading platforms: cTrader, MT4, MT5 and TradingView. All four are available on desktop, mobile and tablet, and are compatible with major web browsers. Each platform supports automated and algorithmic trading. Alongside the platforms, the broker provides additional tools including Purple Indicators and Currency Indices to support technical analysis. The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform.

Trading Tools

In addition to the trading platforms above, the broker also provides some other useful trading tools, such as Purple Indicators and Currency Indices to assist in technical analysis. Purple Indicators Compatible with the MetaTrader 4 and cTrader, these indicators help beginner and advanced traders spot and react to an emerging market trend as quickly as possible. Among these, The Purple Bands indicator really stuck out for me because of its ability to detect overbought or oversold market conditions with up to 80% accuracy. This indicator provides valuable insights into potential trend reversals, allowing you to identify potentially profitable trading opportunities. Currency Indices These non-tradable indices serve as an indicator of the strength of a particular currency in the global market. With a currency index, you can get better insight into your price action analysis when trading Forex. TradingView TradingView is available directly through Purple Trading, connecting the platform’s charting and analysis tools to live trading execution. I found it particularly useful for monitoring multiple instruments and building Pine Script-based alerts and strategy signals. The platform’s social layer, where traders share analysis and ideas, adds a research dimension that MT4 and MT5 do not offer. TradingView supports CFD shares trading, whereas cTrader does not, making it the better choice for anyone who wants to trade shares CFDs alongside forex within the same platform environment. Mobile Trading App The cTrader Purple Trading mobile app is a great option for on-the-go traders. Available for both Android and iOS devices, the app is certainly not just a stripped-down version of the standard desktop trading platform. It’s packed with a bunch of advanced features, the most noteworthy being: Excellent Charting & Technical Analysis Tools The app gives you access to various chart types, 26 timeframes, and 60+ technical indicators to conduct in-depth market analysis. I liked how the price chart is interactive, letting me zoom, rotate horizontally, and add indicators. Of course it’s a big leap from what the desktop version offers but I found the mobile experience smooth, and it was easy to analyse trends Customisable Watchlists and Price Alerts The Favorite Markets allow you to group and monitor your preferred trading instruments for quick access. By tapping on a symbol within your watchlist, you can check its overview, access a simplified price chart, and execute buy or sell orders with your chosen trading volume. Moreover, you can set up price alerts for specific instruments to notify you when an asset reaches your predetermined price level so you never miss potential trading opportunities. Order Placement and Risk Management Placing buy or sell orders from your watchlist is easy with One-Click Trading. The app shows you important information about a trade before you confirm it, like the size of the position, the needed margin, and the possible loss. You can also set levels for stop-loss and take-profit, making risk management easy while on the go.

My Verdict On Trading Platforms

Purple Trading offers a solid range of platforms, providing the flexibility to choose the one that best suits your needs. Sadly, the mobile app feels lacking in terms of charting and response, especially when pitted against Plus500’s mobile app, which in my opinion, is the best in the market.

Is Purple Trading Safe?

I always prioritise safety and security when choosing a forex broker. In this case, Purple Trading is a moderate-risk broker based on its regulatory compliance, industry reputation, and customer reviews.

Trust Score

0

regulation

0

reputation

0

reviews

0

1. Regulation

Purple Trading is regulated by one tier-1 regulator and is owned and operated by L.F. Investment Limited (company registration 329493), a Cyprus Investment Firm. The company is authorised and overseen by the Cyprus Securities and Exchange Commission (CySEC) under licence number 271/15, allowing it to offer services across the European Economic Area. The offshore entity, AXSE Brokerage Ltd, is regulated by the Financial Services Authority of Seychelles (SFSA) under licence number SD041.

2. Reputation

Purple Trading recorded 96.1K total visits and a positive growth trend of 14.66% increase in traffic in the last three months leading up to January 2026. However, compared to SimilarWeb data from February 2026, when the platform recorded 154,760 visits, the current figures indicate a decline over the past year. In my opinion, this raises some questions about the broker’s long-term user retention and overall reputation. The table below highlights Purple Trading’s regional search interest in 2026

Country	2026 Monthly Searches
Italy	170
Poland	140
India	110
Japan	70
Germany	50
United Kingdom	40
United States	40
Cyprus	40
Netherlands	20
France	20
Brazil	20
New Zealand	10
Australia	10
Spain	10
South Africa	10
Canada	10
Pakistan	10
Mexico	10
Malaysia	10
Austria	10
Ireland	10
Colombia	10
Thailand	10
Argentina	10
Switzerland	10
Singapore	10
United Arab Emirates	10
Indonesia	10
Sweden	10
Nigeria	10
Uzbekistan	10
Philippines	10
Kenya	10
Greece	10
Bangladesh	10
Portugal	10
Turkey	10
Peru	10
Vietnam	10
Saudi Arabia	10
Sri Lanka	10
Hong Kong	10
Egypt	10
Morocco	10
Chile	10
Uganda	10
Dominican Republic	10
Venezuela	10
Ghana	10
Ethiopia	10
Cambodia	10
Tanzania	10
Algeria	10
Uruguay	10
Botswana	10
Jordan	10
Honduras	10
Mongolia	10
Ecuador	0
Taiwan	0
Costa Rica	0
Bolivia	0
Guatemala	0
Mauritius	0
Panama	0

2026 Average Monthly Branded Searches By Country

Italy	170 1st
Poland	140 2nd
India	110 3rd
Japan	70 4th
Germany	50 5th
United Kingdom	40 6th
United States	40 7th
Cyprus	40 8th
Netherlands	20 9th
France	20 10th

load full table

3. Reviews

On Trustpilot, the online forex broker has a rating of 3.4 stars. This suggests that they’re well-liked by their customers, who’ve posted several comments praising it for their competitive trading environment, responsive customer support and swift deposit/withdrawal methods. However, I’ve also come across some negative reviews about withdrawal issues and other problems that I think the broker needs to address to achieve higher satisfaction levels.

My Verdict On Trust With Purple Trading

Purple Trading is a trustworthy broker that offers a regulated trading environment with a solid reputation and positive customer feedback. Nevertheless, I think its mid-tier regulatory status and mixed reviews indicate potential areas for concern. As always, do your due diligence and carefully assess the broker before signing up.

Visit Purple Trading

Deposit and Withdrawal

Deposits and withdrawals are quick, secure, and can be easily managed with just a few clicks in the PurpleZone client area. Here’s a closer look at the deposit/withdrawal options available and the potential fees you may be charged.

What Is the Minimum Deposit At Purple Trading?

The minimum deposit requirement is $100, €100, or £100, depending on your chosen account currency. This amount is the same for both Purple Trading’s ECN and STP account types.

Account Base Currencies

Purple Trading offers trading accounts with base currencies in EUR, USD, GBP, CZK, and PLN. This gives you the flexibility to choose an account currency that aligns with your local currency or preferred trading asset, thus reducing recurrent conversion fees.

Deposit Options and Fees

You can fund your account using your credit card (Visa, Mastercard) free of charge. Wire deposits are also accepted and cost nothing for EUR, CZK and PLN. Other currencies are charged a maximum of 0.5 % (min 5 EUR, max 100 EUR).

Withdrawal Options and Fees

Similarly, you can withdraw via wire transfer or by using the credit card used for deposit. Credit card withdrawals are free and wire withdrawals charge a maximum of 0.5 % (min 5 EUR, max 100 EUR) for all other currencies except EUR, CZK and PLN.

My Verdict On Funding With Purple Trading

Funding with Purple Trading is straightforward for most clients. Card deposits and transfers in EUR, CZK or PLN are free and process quickly. International transfers in other currencies carry a 0.5% fee capped at 100 EUR, which is worth factoring in if you are depositing from a non-European bank account. The absence of e-wallet options like Skrill, Neteller or PayPal is a gap compared to some competitors, though the available methods cover the needs of the majority of European clients.

Ease To Open An Account

I had no problems opening a trading account, and the process was fairly straightforward. The first step is to fill in your basic personal information, such as name, country of residence, and phone number. The next step involves filling in your account details and picking your account base currency followed by an Investment Questionnaire.

Finally, you’ll be required to complete a Know Your Customer (KYC) verification process where you’ll need to provide your identification documents e.g. driver’s license, ID card, or passport. Standard account holders may not receive a personal account manager, but you’ll have access to customer support and the PurpleZone client area for account management.

Product Range

Purple Trading offers more than 60 currency pairs including exotic currency pairs like GBP/ ZAR. You can also trade on 10 index CFDs and speculate on the development of stock indices of the biggest economies such as NASDAQ, DAX, and SP500. If you’re a commodity trader you’ll enjoy trading on oil, gold, silver, and other precious metals with prices directly from the interbank market. Additionally, you can trade 100 stocks of the world’s most renowned companies and futures contracts of select agricultural commodities, government bonds and indices.\

What Leverage Does Purple Trading Offer?

The maximum leverage for retail traders is 1:30 on major currency pairs, including EUR/USD and GBP/USD, and 1:20 on minor pairs. Professional clients can access higher leverage, though this is subject to a balance-based cap. Clients with account equity up to EUR 10,000 can use up to 1:500 on forex, those with equity up to EUR 100,000 are capped at 1:200, and those above EUR 100,000 are capped at 1:100. These thresholds are verified from the official professional-client page at purple-trading.com/professional-client/. Besides Forex, Purple Trading offers financial leverage across the other asset classes, including up to 1:20 for indices, 1:20 for commodities like gold, 1:10 for silver, 1:5 for stocks, and 1:10 for futures.

My Verdict On Range Of Markets And Leverage

The broker offers a decent selection of trading instruments with competitive leverage options. I’d like to see them add more products like ETFs and bonds, which can attract a broader range of traders looking to diversify their investment portfolios.

Customer Service

I found Purple Trading’s customer support responsive and professional for the most part, offering assistance through phone, email, and live chat. The live chat option is easily accessible by clicking the conversation logo at the bottom right.

However, their support is available only during regular office hours, Monday to Friday from 8:00 AM to 4:00 PM CET. These support hours may be inconvenient if you need assistance outside these times.

Research and Education

The Macroeconomic Calendar provided by the broker is a valuable research tool that offers real-time updates on significant economic events and data releases. It displays recent, expected, and current values for each event, enabling you to assess market impact effectively.

The Purple Academy handles everything related to education. It contains many articles and downloadable ebooks all completely free to access. They cover a wide range of topics from the absolute basics to specific trading strategies. The News keeps you updated on ongoing macroeconomic events and the behaviour of major players.

Final Verdict on Purple Trading

Purple Trading offers competitive trading conditions in a wide range of financial products on the popular cTrader, MT4, MT5 and TradingView terminals. Still, the broker’s high trading fees put it at a disadvantage for cost-conscious traders.

Additionally, the forex selection is decent but they still need to work on improving the broader asset offering. The same goes for their customer service and research and education section which only covers the basics while neglecting core topics like in-depth market analysis.

Overall, I found nothing strikingly wrong with the broker in my review, but it just lacks that extra spark that makes the top forex brokers stand out.

Visit Purple Trading