CMC Markets vs Purple Trading

CMC Markets vs Purple Trading Comparison Table 2022
CMC Markets Purple Trading
4.7
United States Flag Traders from US not accepted
Not Yet Rated
United States Flag Traders from US accepted
CMC Markets is headquartered in London and listed on the LSE (FCA Regulated). It offers competitive spreads on a global range of assets via its Next Generation platform. Purple Trading is a regulated forex and CFD broker with ECN and STP execution for a range of markets on two top commercial trading platforms: MT4 and cTrader.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% (April-June 2022) of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Awards
No.1 Platform Technology 2022
No.1 New Tool 2022
No.1 Most Currency Pairs 2022
Best Trade Execution 2021
Best Forex Broker For Beginners 2021
Most Transparent Forex Broker Europe 2020
Best Trading Platform 2020
Best Trading App 2019
Best Customer Service 2018
Bonus
None None
Instruments
Indices and ETFs > CFDs, Spread Betting, Indices, Forex, Commodities, Stocks, ETFs, Treasuries, Custom Indices Stocks, Futures, CFD, Forex
Demo Account
Yes Yes
Minimum Deposit
£0 $20
Payment Methods
POLi Credit Card, Debit Card, Neteller, Skrill, Wire Transfer
Minimum Trade
0.01 Lots 0.01 lots
Regulator
FCA, MAS, ASIC, IIROC CySEC, FCA
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No -
eSignal
No -
Trading Central
No -
STP Account
No Yes
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS and Android iOS & Android
Auto Trading
Yes (via MT4) -
Trade Signals
- -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
Yes Yes
Copy Trading
No No
Islamic Account
No No
Account Currencies
USD, EUR, GBP, AUD, SEK, PLN USD, EUR, GBP
Stock Exchanges
Deutsche Boerse Australian Securities Exchange, Deutsche Boerse, Euronext, Japan Exchange Group, New York Stock Exchange
CFD
Purple Trading supports CFD trading through MetaTrader 4 and cTrader on stocks, commodities, futures, forex and indices.
Leverage
1:30 1:30 Retail, 1:500 Professional
FTSE Spread
1 pt 1.7
GBPUSD Spread
0.9 1.5
Oil Spread
3.0 600
Stocks Spread
.10% Var Variable
Forex
Purple Trading clients are in a great position to speculate on foreign exchange markets with over 60 major, minor and exotic currency pairs
GBPUSD Spread
0.9 1.5
EURUSD Spread
0.7 1.2
EURGBP Spread
1.1 1.3
Assets
300+ 59
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% (April-June 2022) of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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