Eightcap vs Purple Trading

Eightcap vs Purple Trading Comparison Table 2023
Eightcap Purple Trading
4.6
3.5

Purple Trading is #12 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Eightcap is a multi-regulated FX and CFD broker offering MT4 and MT5. The brand provides award winning trading platforms, zero commissions, free education and low spreads.

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.

Awards
  • Best Forex Broker 2023 - DayTrading.com
  • Best Cryptocurrency Broker 2023 - DayTrading.com
  • Best MT4/MT5 Broker 2022 - DayTrading.com
  • Best Global Forex MT4 Broker 2020 - Global Forex Awards
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Stocks, Futures, CFD, Forex
Demo Account
Yes Yes
Minimum Deposit
£/€/$100 $20
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
ASIC, VFSC CySEC, FCA
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No Yes
MAM Account
Yes 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
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Capitalise.ai & Expert Advisors
Copy Trading
No No
Social Trading
No Yes
Trade Signals
Cryptocrusher - signals for cryptocurrencies
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on popular indices, shares, forex, cryptos & commodities Purple Trading supports CFD trading through MetaTrader 4 and cTrader on stocks, commodities, futures, forex and indices.
Leverage
1:30 - 1:500 depending on local regulation 1:30 Retail, 1:500 Professional
FTSE Spread
1.2 1.7
GBPUSD Spread
1.0 but 0.0 on Raw Account 1.5
Oil Spread
0.03 600
Stocks Spread
$0.02 per share, per side ($4 per lot round turn) Variable
Forex Trading
Trade 40+ major, minor & exotic pairs with an award winning platform. Zero commission and tight spreads 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
1.0 but 0.0 on Raw Account 1.5
EURUSD Spread
1.0 but 0.0 on Raw Account 1.2
EURGBP Spread
1.0 but 0.0 on Raw Account 1.3
Assets
40+ 59
Currency Indices
  • USD
  • EUR
  • GBP
  • JPY
  • CAD
  • AUD
  • NZD
  • CHF
Cryptocurrency
Trade Bitcoin, major altcoins, cross pairs and indices. Eightcap delivers over 250 crypto backed derivatives Crypto trading not offered
Spread
From $0
Coins
  • BTC
  • ETH
  • XRP
  • ADA
  • DOGE
  • BNB
  • LTC
  • TRX
  • BCH
  • XRP
  • EOS
  • DOT
  • LINK
  • MATIC
  • SHIB
  • BSV
  • VET
  • AXS
  • NEO
  • SOL
  • XLM
  • UNI
  • DASH
  • AAVE
  • KSM
  • THETA
  • CAKE
  • SUSHI
  • ATOM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Eightcap
vs
Purple Trading
vs