eToro vs Purple Trading

eToro vs Purple Trading Comparison Table 2022
eToro Purple Trading
4.7
United States Flag Traders from US accepted
Not Yet Rated
United States Flag Traders from US accepted
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. eToro USA LLC does not offer CFDs, only real crypto assets available. 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.
68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Bonus
None None
Instruments
Stocks, CFD, Forex, Crypto, ETFs, REITs Stocks, Futures, CFD, Forex
Demo Account
Yes Yes
Minimum Deposit
$200 ($50 in US, $10 in UK) $20
Payment Methods
Apple Pay, Bitcoin Payments, BPAY, Debit Card, Diners Club, Dragonpay, JCB Card, Neteller, PayPal, Perfect Money, Rapid Transfer, Skrill, Swift, UnionPay, Venmo, Visa, Webmoney, Wire Transfer, Yandex Money Credit Card, Debit Card, Neteller, Skrill, Wire Transfer
Minimum Trade
$1 0.01 lots
Regulator
FCA, CySEC CySEC, FCA
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No Yes
AlgoTrader
Yes No
OmniTrader
No No
TradingView
No No
Autochartist
No -
eSignal
No -
Trading Central
Yes -
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
Yes No
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android and Windows iOS & Android
Auto Trading
Automate your trades via Copy Trading - Follow profitable traders. Open and close trades automatically when they do. -
Trade Signals
via Copy Trading -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Social Trading
Yes Yes
Copy Trading
Yes No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, JPY, CZK USD, EUR, GBP
Stock Exchanges
Australian Securities Exchange, Deutsche Boerse, Euronext, FTSE UK Index, Hong Kong Stock Exchange, Japan Exchange Group, Korean Stock Exchange, London Stock Exchange, New York Stock Exchange, Shanghai Stock Exchange, SIX Swiss Exchange Trading 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 EU 1:30 Retail, 1:500 Professional
FTSE Spread
1 pt 1.7
GBPUSD Spread
2 pips 1.5
Oil Spread
5 pts 600
Stocks Spread
0.24% 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
2 pips 1.5
EURUSD Spread
1 pips 1.2
EURGBP Spread
1.5 pips 1.3
Assets
50+ 59
Cryptocurrency
eToro lead the way in Crypto trading. The lowest spreads (from 1% for BTC), their own wallet service and the largest number of Cryptos to trade. FCA Regulated. Crypto trading not offered
Spread
BTC <1%, ETH 2%
Coins
BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM, EOS, NEO, ZEC, BNB, VET
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No -
Auto Market Maker
No No
68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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