Purple Trading Review

Purple Trading Review

Purple Trading, a broker under CySEC regulation, commits to providing a trading atmosphere characterized by transparency and integrity. Clients are given the option to select MetaTrader 4 or cTrader platforms while also having the opportunity to explore passive investment strategies.

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Purple Trading is a broker regulated by CySEC, which guarantees a trading environment founded on principles of openness and trustworthiness.

Purple Trading, a broker regulated by CySEC, pledges a trading environment based on transparency and integrity. They assure traders of fair trading conditions without stop-loss hunting, market manipulation, delayed execution, or excessive slippage. Traders can choose between MetaTrader 4 and cTrader platforms and also have access to passive investment strategies. Established in 2016 in Cyprus, Purple Trading has expanded with representative offices in the Czech Republic and Slovakia. Their offerings include trading various CFDs and currency pairs, which include forex pairs, indices, commodities, stocks, and futures.

About Purple Trading

Purple Trading, headquartered in Brno, Czech Republic, is a globally recognized broker. Established in 2016, the company is led by CEO David Varga. Purple Trading prides itself on providing traders with advantageous conditions, including tight spreads and minimal commission fees. Additionally, traders have the flexibility to choose from three distinct account types. The platform offers an extensive range of trading instruments, including forex pairs, indices, commodities, stocks, and futures. Above all, Purple Trading’s objective is to offer equitable business terms, cutting-edge technologies, and, most importantly, to be recognized as a trusted partner. They believe this is the key to success in the financial markets.

Account Types

Purple Trading provides a global opportunity for traders to select from a range of three distinct account types:

  • STP Account
    • Spreads starting at 1.3 pips
    • No restrictions on trading strategy (Scalping allowed)
    • No commission fees
  • ECN Account
    • Spreads starting at 0.3 pips
    • No restrictions on trading strategy (Scalping allowed)
    • Commission fees (5-10 USD per lot)
  • PRO Account
    • Spreads starting at 0.0 pips
    • No restrictions on trading strategy (Scalping allowed)
    • No commission fees

Trading Instruments

Purple Trading offers traders an extensive array of trading instruments, encompassing forex pairs, indices, commodities, stocks, and futures. This provides them with access to the world’s most widely traded and liquid financial markets, guaranteeing excellent trading opportunities seven days a week.

Trading InstrumentNumber of Trading Instruments
Forex59 Currency Pairs
Indices10 Indices
Commodities8 Commodities
StocksOver 100 Stocks
Futures18 Futures

Trading Platforms

Purple Trading offers two trading platforms that could be considered the most popular on a worldwide scale. These platforms are MetaTrader 4 and cTrader, which are all available as desktop and mobile trading platforms, allowing the trader high flexibility of available devices he can operate from.

MetaTrader 4

MetaTrader 4 stands as an advanced trading platform that has established itself as a standard tool for experienced Forex traders, facilitating trade execution even in the absence of an active device. It is characterized by its intuitive user interface, an extensive array of technical analysis tools for prognosticating market trends, live updates on currency prices, and a host of additional features. Noteworthy components of MetaTrader 4 encompass mobile trading capabilities, access to trading signals, and comprehensive financial market insights, all of which serve to elevate and enrich the overall Forex trading encounter. Furthermore, it provides support to traders in more than 30 languages globally, along with three distinct trade execution modes, instant execution, execution on request, and execution on the market.


cTrader represents a comprehensive trading platform solution tailored for forex and CFD traders. It encompasses an array of sophisticated features, including robust charting tools, advanced order options, level 2 pricing insights, customizable coding capabilities, and rapid entry and execution functionalities. With a stunning user interface, it is seamlessly integrated with cutting-edge backend technology, rendering it accessible across desktop, web, and mobile platforms. The underlying mission of cTrader is to provide a balance between simplicity and complexity, thereby catering to both novice and experienced traders. Moreover, it empowers traders to execute advanced order strategies while gaining a more comprehensive understanding of the intricacies underlying their trade placements.


Founded in 2016, Purple Trading is a broker subject to regulation by two global financial authorities:

  • CySEC – Cyprus Securities and Exchange Commission
  • ESMA – European Securities and Markets Authority

Purple Trading allows you to open a trading account with one or more of its authorized entities, contingent on your place of residence. This is an important factor for those considering an account with Purple Trading, as the level of investor protection and regulatory supervision can vary depending on the specific entity you choose.

Country of ClientsLegal EntityRegulatorProtection Amount
European UnionPurple Trading s.r.o.ESMA€100,000
EEA countriesL.F. Investment LimitedCySEC€20,000

Purple Trading provides a negative balance protection to all European customers.

Customer Support

Purple Trading ensures that its clients receive top-notch customer support through phone, email, and live chat. These avenues of assistance are available 24/5, ensuring help is at your fingertips no matter where you are in the world. Whether you prefer direct phone conversations, email support, or real-time live chat interactions, Purple Trading is dedicated to providing excellent customer support that aligns with your preferences.

  • Live Chat Support

Purple Trading provides exceptional live chat support, connecting you with a live agent who is dedicated to furnishing you with comprehensive information tailored to your needs.

  • Email Support

Purple Trading sets a high standard in delivering exceptional email support, prioritizing prompt responses to client inquiries. Rest assured, you can expect to receive a comprehensive reply within one business day of reaching out.

  • Phone Support

In addition, Purple Trading’s phone support is equally remarkable, assuring clients of swift resolutions to their inquiries. When you reach out, you can expect to have your questions addressed swiftly, showcasing their dedication to providing efficient and responsive customer service.

Exclusive: When Is Using a VPS & Trade Copier Beneficial?

Using VPS and Trade Copier services in financial market operations can prove highly beneficial in specific situations. Before going into specifics, it’s essential to first understand what a VPS and a Trade Copier actually are and the advantages they offer.


A VPS, short for virtual private server, is a system that houses the necessary software and data for operating an application or website. The term virtual indicates that it utilizes only a fraction of the underlying physical resources of the server, which are overseen by an external provider. Nevertheless, you have exclusive access to your allocated resources on this hardware.

When is Using a VPS Beneficial?

  • When trading with Expert Advisors (EAs)
  • When trading with multiple Brokers/Proprietary Trading Firms through a Trade Copier
  • When trading through a Mac device

Trade Copier

A trade copier is essentially a software tool employed to duplicate trades across numerous trading accounts. It stands out as the most convenient and effective method for simultaneously managing multiple trading accounts, allowing for the execution of identical trades across various trading platforms.

When is Using a Trade Copier Beneficial?

  • When trading with numerous Brokers
  • When trading with numerous Proprietary Trading Firms
  • When looking to spread risk between numerous trading accounts

Why should you connect a VPS and Trade Copier with numerous trading accounts?

As stated above, incorporating a VPS and Trade Copier into your trading activity can provide a wide range of advantages. For example, when pairing them with multiple trading accounts, you can strengthen the benefits they offer to an even larger extent.

Example of connecting five trading accounts, a VPS, and a Trade Copier

VPS (Forex VPS)Provides Low Latency & 24/7 Connection
Trade Copier (Local Trade Copier)Provides Connection Between The 5 Trading Accounts
Trading AccountAccount SizeAccount Type
Broker Account #1€5,000 AccountMaster Account
Prop Firm Account #1$100,000 AccountCopier Account
Prop Firm Account #2$50,000 AccountCopier Account
Broker Account #2$8,000 AccountCopier Account
Prop Firm Account #3$300,000 AccountCopier Account
Trading AccountAccount SizeRisk per Position
Broker (IC Markets)€5,000 Account2% per trade (€100)
Prop Firm (FundedNext)$100,000 Funded Account0.6% per trade ($600)
Prop Firm (Funding Pips)$50,000 Evaluation Account0.5% per trade ($250)
Broker (Pepperstone)$8,000 Account4% per trade ($320)
Prop Firm (The Funded Trader)$300,000 Funded Account0.8% per trade ($2,400)

By utilizing a VPS server, you’ll ensure yourself a consistently low latency and a robust connection, ensuring uninterrupted operation of your Trade Copier 24 hours a day, 7 days a week. When integrated into your network of trading accounts linked by a Trade Copier, this can lead to substantial improvements in your trading outcomes. This is because you will no longer need to manually execute trades across all your accounts. Instead, simply execute the trade on your Master account, and the Trade Copier will automatically replicate it across all the connected Copier accounts. By employing this approach and configuring specific risk parameters for each linked trading account, you can enhance your risk management for each position, regardless of the current balance available in any of your trading accounts.


Purple Trading offers its clientele a wide range of valuable educational resources. These include a demo account and numerous educational content, such as news, ebooks, a how-to trade section, and a frequently asked question section.

  • News

Purple Trading’s News section is a comprehensive resource that assists traders seeking valuable insights. It covers a spectrum of information, including general news, COT reports, insightful interviews, and in-depth swing overviews. This diverse range of content equips traders with the latest market trends, expert opinions, and strategic perspectives.

  • Ebooks

Purple Trading’s Ebooks section is a valuable source of educational resources designed to empower traders of all experience levels. It offers a selection of insightful ebooks covering a wide range of topics, from fundamental trading principles to advanced strategies. These materials are presented in an accessible and easy-to-understand format.

  • How To Trade

Purple Trading’s How To Trade section is a valuable resource for traders at every stage of their journey. It offers a collection of tutorials, guides, and practical tips covering a wide range of trading topics.

  • FAQ

Purple Trading’s FAQ section is a comprehensive resource designed to address common queries and concerns of traders. It provides clear and accurate answers to a wide range of questions related to trading, account management, platform features, and more. This section serves as a valuable reference for both beginners and experienced traders, offering quick access to essential information.


In summary, Purple Trading distinguishes itself as a top-tier Forex broker in the industry, leveraging the power of MetaTrader 4 and cTrader platforms. Their simple account opening process, coupled with competitive trading fees and zero-cost deposits and withdrawals, sets them apart from their competition. The availability of three distinct account types, along with narrow spreads and minimal commission fees, showcases their commitment to providing favorable trading conditions worldwide. Notably, their robust regulatory framework allows users to choose authorized entities based on their country of residence, adding an extra layer of security for those partnered with Purple Trading. Furthermore, their extensive range of free-of-charge educational resources, including sections like the news, ebooks, how to trade section, and the frequently asked questions section, underscores their dedication to empowering traders with essential knowledge. Purple Trading’s potential integration of VPS and Trade Copier services, in addition to offering negative balance protection for clients, further underscores their commitment to prudent risk management. In conclusion, Purple Trading emerges as a reputable broker dedicated to serving traders of all experience levels, solidifying its position as an excellent choice in the broker industry.

Purple Trading Review Details

Regulated by
Restricted Countries
Minimum Deposit
Withdrawal Method
Base Currencies
Trading Platforms
Company Location
Year of Incorporation
Customer Support
4.5 Overall Rating

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Purple Trading Review