Basic Information & Regulators
Purple Trading Was Established In 2016 And Is An Online Forex And CFD Broker. Purple Trading Is A True ECN/STP Broker That Provides Investors With Superior Trade Execution. Purple Trading Currently Holds A Pass-through License Authorized By The Cyprus Securities And Exchange Commission (license Number: 271/15).
Security Analysis
Purple Trading Is A Regional Broker And Currently Holds A Pass-through License From CySEC In Cyprus. Overall, A Trader Subject To A Level Of Regulation Like CySEC In Cyprus Will Be Safer And Able To Deter Money Laundering And Illegal Activities In The Market.
Financial Instruments
Purple Trading Offers Traders Popular Financial Instruments, Mainly Forex, Contracts For Difference, ETFs And Italian Stocks, Indices, Cryptocurrencies.
Leverage & Accounts
Purple Trading Offers Investors Three Different Account Types: Standard Account, ECN Account And Professional Account. The Leverage For Professional Account Is 1:400. The Leverage For Major Currency Pairs Is 1:30, The Maximum Leverage For Professional Clients Is 1:400, And The Leverage For Experienced Traders Is 1:100. The Trading Leverage For Minor Currency Pairs Is 1:20, Gold Leverage Is 1:20, Silver, Platinum And Palladium Leverage Is 1:10, US Crude Oil Leverage Is 1:10, UK Crude Oil Leverage Is 1:5, Index Products Leverage Is 1:20, And Cryptocurrency Products Leverage Is 1:5.
Spreads & Handling Fees
The Average Spread For EURUSD In ECN Accounts Is 0.24 Pips, Silver USD Is 0.018 Pips, Brent Crude Oil Is 0.04 Pips, And The Nasdaq Index Is 0.7 Pips. The Average Spread For EURUSD Is 0.5 Pips, EURGBP Is 0.9 Pips, And AUD-CAD Is 1.3 Pips. The Average Spread Of Gold USD In STP Account Is 0.34 Pips, Silver USD Is 0.028 Pips, Nasdaq Index Is 1.5 Pips, Brent Crude Oil Is 0.05 Pips, EUR USD Is 1.1 Pips, And EUR GBP Is 1.2 Pips.
Trading Platform
Purple Trading Provides Users With MT4 Trading Platform, As Well As MT4 Windows Version, MT4 Android Version And MT4 IOS Version For Users To Choose Flexibly. MT4 Is The World's Most Advanced Foreign Exchange Trading Platform, With Powerful Charting Functions And Data Analytics Tools, Able To Help Traders Develop Trading Strategies That Suit Them, Providing An Excellent Trading Experience For Trading.
Deposit And Withdrawal
Purple Trading Supports A Variety Of Convenient Deposit And Withdrawal Methods, Mainly Including Visa & MasterCard Credit Card, NETELLER & Skrill (subject To A 2% Deposit Fee), Polish Global Payment (subject To A 0.5% Fee, Up To A Fee Of EUR 100), Polish Domestic Payment, Etc. Users Who Withdraw Funds Through Visa & MasterCard Credit Cards Need To Pay A $7 Withdrawal Fee, 2% Withdrawal Fee Through NETELLER, And 1% Withdrawal Fee Through Skrill.
