IC Markets vs Purple Trading

IC Markets vs Purple Trading Comparison Table 2022
IC Markets Purple Trading
Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets. 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.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Awards
Best Overall Broker 2020 - DayTrading.com
Best Trading App 2020 - DayTrading.com
Bonus
None None
Instruments
Futures, CFD, Forex, Crypto, Volatility Index Stocks, Futures, CFD, Forex
Demo Account
Yes Yes
Minimum Deposit
$200 $20
Payment Methods
BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money Credit Card, Debit Card, Neteller, Skrill, Wire Transfer
Minimum Trade
0.01 Lots 0.01 lots
Regulator
ASIC, CySec, FSA CySEC, FCA
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
Yes Yes
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
Yes Yes
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
Yes No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android and Windows iOS & Android
Auto Trading
Yes, via EQUINIX NY 4 -
Trade Signals
Yes (Via Robot Feature) -
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No Yes
Copy Trading
Yes No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, CHF USD, EUR, GBP
CFD
Purple Trading supports CFD trading through MetaTrader 4 and cTrader on stocks, commodities, futures, forex and indices.
Leverage
1:500 1:30 Retail, 1:500 Professional
FTSE Spread
1 pt 1.7
GBPUSD Spread
0.5 pips 1.5
Oil Spread
1 pt 600
Stocks Spread
Variable
Forex
Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets. Great choice for serious traders. ASIC regulated. 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
0.5 pips 1.5
EURUSD Spread
0.1 pips 1.2
EURGBP Spread
0.5 pips 1.3
Assets
56+ 59
Cryptocurrency
IC Markets offer a diverse range of cryptos, with super small spreads. They also offer many cryptocurrencies not available elsewhere, without the need of a virtual wallet. Crypto trading not offered
Spread
BTC 0.4%, ETH 1%
Coins
BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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