On this page, we review the purple trading broker; of course, you should note that you can use the services of this broker if you are a resident of the European Union region because the pure trading broker does not provide any services to other countries.
Broker name | Purple Trading |
Established year | 2016 |
Spread rate | average |
Central office | Prague, Czech and Limassol |
Regulation | CYSEC |
Minimum deposit | 100$ |
The easiest way to deposit and withdraw | Visa and MasterCard, Skrill |
Cent Account
Copy Trading
Spread Reduction Trick
Islamic Account
Permission To Trade Scalping
Purple Trading is the name of one of the active brokers in the forex market, which was founded and opened by a team interested in business from Czech and Slovakia. This broker has many advantages, such as online chat support and a copy trading system that traders can use.
The credibility of the purple trading broker can be considered at an average level and, of course, acceptable because this broker has five years of activity and regulation experience.
This broker has cysec regulation.
Purple trading broker has offices in Prague, Czech Republic, and Limassol, Cyprus.
Purple trading broker started its professional activity in 2016.
Profile / account name | VIP | Prime | Standard | Pro | ECN | STP |
---|---|---|---|---|---|---|
Minimum deposit for opening | 100$ | 100$ | 100$ | 100$ | 100$ | 100$ |
Spreads | 0.5 pip | 0.2 pip | 0 pip | Starting from 0 | Starting from 0.3 | Starting from 1.3 |
Commission | $5 per trade lot | $8 per trade lot | $10 per trade lot | $10 per trade lot | Starting at $5 per trade lot | 0 |
Maximum leverage | 1:500 | 1:500 | 1:500 | 1:500 | 1:500 | 1:500 |
Ability to trade currency pairs | Yes | Yes | Yes | Yes | Yes | Yes |
Ability to trade stocks and indices | Yes | Yes | Yes | Yes | Yes | Yes |
Possibility of digital currency trading | Yes | Yes | Yes | Yes | Yes | Yes |
Scalp permission | Yes | Yes | Yes | Yes | Yes | Yes |
Permission to use Expert | Yes | Yes | Yes | Yes | Yes | Yes |
As you can see in the table above, the purple trading broker has performed very well in terms of the variety of trading accounts and offers six different types of trading accounts to users, which we will examine in detail below.
You can open an Stp account in purple trading broker with a deposit of 100 dollars, one of the advantages of this account is that there is no commission, and its spread starts from 1.3 pips. Also, the maximum leverage that can be used in it is 1:500.
The minimum deposit to open an ECN account in the purple trading broker is $100. The maximum leverage that can be used in this account is 1:500, and the spread starts from 0.3 pips. It should be noted that the lowest commission in this account is 5 Dollars per trade lot.
To open a pro account in the purple trading broker, an amount of 100 dollars is required, this account has a commission of 10 dollars per lot trade, and its spread starts from 0; the maximum leverage factor that can be used in it is also 1:500.
The minimum deposit for opening a standard account in the Purple trading broker is $100. The maximum leverage or leverage factor that can be used in it is 1:500, and the spread of this account is from 0, and the broker charges $10 per lot of trade from traders. Receives a commission.
You can open a prime account in purple trading broker by depositing 100 dollars; the commission rate is 8 dollars per lot trade, its spread is 0.2 pips, and the maximum leverage factor that can be used in this account is 1:500.
You will also need to deposit 100 dollars to open a vip account in the purple trading broker. Traders can use the maximum leverage factor of 1:500 in this account, the spread of this account is also set at 0.5 pips, and the broker is 5 dollars per lot. Trade receives from traders.
If you want to open an account with the lowest amount of spread in the purple trading broker, the standard account will be a suitable and logical choice for you because the spread of this account is 0 pips.
Unfortunately, the purple trading broker does not have an Islamic account or an account without night swap.
You can open any accounts in purple trading broker by depositing $100.
You can use methods such as Visa and Mastercard, Skrill, Neteller, etc., to deposit and withdraw in purpletrading broker; of course, it should be noted that using some of these methods has a fee, which you can refer to this website. Broker, get more detailed information in this field.
Currently, according to the investigations carried out by the research team of our site, the purple-trading broker does not offer any bonuses to users.
To confirm your identity and open an account in the purple trading broker, you will need documents such as a passport, birth certificate, or any such identification documents. Of course, if you are a resident of countries outside the European Union, the possibility of authentication in this broker is not active for you.
Tradable and trading assets in purpletrading broker include some digital currencies, currency pairs, stocks and indices, commodities, and…
The trading platforms used in the purple trading broker include MetaTrader 4 and CTrader, which you can download through the links below.
Fortunately, the support of the copy trading system is one of the advantages of the purple trading broker that you can take advantage of.
Fortunately, our team’s research in the field of fraud or any bad and negative history regarding purple trading brokers during the years of activity has confirmed the working health of this broker, at least until today. Still, any cases in this field in the coming years will be reported on this page, which We will share with our audience.