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Purple Trading

Company L.F. Investment Limited
Website
Broker type ECN / STP
Minimum deposit 100 EUR
Regulations CySEC
Discount Loyalty program

Average rating

View ratings
9.5
Total average

9.5/10

Credibility ( 9 )
No problems with withdrawals. No suspicious practices.
Customer Service ( 9.5 )
Contact with the support. Deposit/withdrawal process. Reliability.
Offer ( 9.5 )
Level of spreads and commissions. Product Range.
Platform ( 10 )
Ease of use, fast execution, reliability.

Description

Purple Trading is a FX/CFD broker founded in 2019 roku. From the very beginning, it emphasizes transparency and honesty towards customers. It works in the STP/ECN model offering direct market access. For example, it also shares statistics on slippage, execution of orders or the spread over time (data here).

On the broker website you can also read his motto:

No price manipulations, no profit from your losses, just pure STP model.​

The company has registered with local national regulators such as the Financial Conduct Authority (FCA) in the UK, the Czech National Bank (CNB) in the Czech Republic, the National Bank of Slovakia (NBS), German Federal Financial Supervisory Authority (BaFin) and more. Purple Trading’s license also allows to offer Portfolio Management and Execution of Orders on behalf of the Client via PAMM. This has opened the door to offer ETF Portfolios, which are popular for automated passive investing and a variety of FX trading strategies which can be copied.

ForexRev Team

Specifications

Company L.F. Investment Limited
Website
Broker type ECN / STP
Leverage 1:30 (ESMA), up to 1:400 (PRO clients)
Minimum deposit 100 EUR
Negative balance protection Yes
Regulations CySEC
Trading platforms MT4, cTrader, PAMM
Payments Wire Transfer, Credit/Debit Cards, Neteller, Skrill
EUR/USD Spread From 0.1 pips
Min lot 0.01
Country Cyprus + tied agent offices in Czech Republic and Slovakia
Established in 2015
Number of instruments 75+
Discount Loyalty program

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Purple Trading - No warnings

Purple Trading - Reviews (2)

9.5
Partial ratings
Credibility:9
Customer Service:10
Platform:10
Offer:9

Really nice trading experiens. I am using them for 4 months now and everything looks good. Withdrawals without problem. Good spreads!

Plusses No plusses
Minors No minors
Posted on
9.5
Partial ratings
Credibility:9
Customer Service:9
Platform:10
Offer:10

Really tight spreads and very fast execution of trades. I hope that they will keep such conditions!

Plusses No plusses
Minors No minors
Posted on

Submit your own review

No problems with withdrawals. No suspicious practices.
Contact with the support. Deposit/withdrawal process. Reliability.
Level of spreads and commissions. Product Range.
Ease of use, fast execution, reliability.

 

I confirm that this review was written based on my own experience and was not solicited in any way by any broker.

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