PurpleTrading Review
Purple Trading is an innovative online broker offering industry-leading technologies for multi-asset trading. Clients can access direct-to-market STP or ECN execution models for a wide range of CFDs. This 2022 review will explore Purple Trading’s assets, platforms, minimum deposit requirements, sign-up and login processes, ESMA leverage cap restrictions and more.
This review has no affiliation to Purple Trading Seychelles. This brokerage operates as a separate entity owned by AXSE Brokerage Ltd.
Purple Trading Headlines
Purple Trading was established in 2016 and is owned and operated by L.F. Investment Limited, a licensed investment company regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker also adheres to European MiFID regulations, increasing transparency across the European Union’s financial markets. The broker aims to provide a fair trading environment using state-of-the-art technology.
Services can be executed via ECN or STP, providing fast order execution and competitive conditions that are reliable and great for investors, with no dealing desk (NDD) intervention. The broker utilises low latency connectivity using a range of liquidity providers and top-tier banks. Purple Trading consistently aims to deliver the best possible connection for clients with a vast liquidity pool, minimum slippage and lowest possible connection time. The broker’s trading server is located in London, with an execution speed of 100 milliseconds.
Trading Platforms
This Purple Trading review found that clients gain access to two online trading platforms: cTrader and MetaTrader 4 (MT4). Note, the broker does not currently offer the popular MT5 trading terminal. Both available platforms are compatible with all major web browsers or available to download to desktop, mobile and tablet devices. Features of the platforms include:
cTrader
- 26 tick charts
- Intuitive design
- 60+ technical indicators
- Automated trading systems feature
- Utilise direct STP/ECN market access
