Purple Trading vs AvaTrade

Purple Trading vs AvaTrade Comparison Table 2023
Purple Trading AvaTrade
3.5

Purple Trading is #13 in our CFD broker rankings.

4.9
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

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.

Leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. AvaTrade offers multiple trading platforms, including MT4/5, Web Trader, Mobile App, Vanilla options and Social Trading. +1250 Financial Instruments, Educational content and multilanguage customer support active 24/7. 20% Welcome bonus available on allowed countries.

Awards
  • Best Overall Broker 2022 - DayTrading.com
  • Best Trading App 2021 - DayTrading.com
  • Best Forex Broker 2019 - DayTrading.com
Bonus
Welcome bonus 20% up to 10.000$
Instruments
Stocks, Futures, CFD, Forex Stocks, Options, CFD, Forex, Crypto, Volatility Index
Demo Account
Yes Yes
Minimum Deposit
$20 $100
Payment Methods
Minimum Trade
0.01 lots $.01
Regulator
CySEC, FCA CBoI, ASIC, FSA, FSCA, FSB
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No Yes
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
Yes Yes
MAM Account
No Yes
PAMM Account
No Yes
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
No Yes
Mobile Apps
iOS & Android iOS and Android
Auto Trading
Avatrader make auto trading easy with API integration into numerous platforms including MetaTrader4, Duplitrade and MQL5
Copy Trading
No Yes
Copy Trading Platform
Regulated across multiple jurisdictions, AvaTrade not only offers a proprietary platform, but also a selection of social and copy trading systems, including its own AvaSocial app, along with MetaTrader suites. There’s also the web-based platforms, DupliTrade and ZuluTrade, which are both easy-to-use and suit novices and experts alike.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Stock Exchanges
Commodities
CFD Trading
Purple Trading supports CFD trading through MetaTrader 4 and cTrader on stocks, commodities, futures, forex and indices. Leveraged CFD trading is available on popular financial markets with rates up to 1:400.
Leverage
1:30 Retail, 1:500 Professional 1:400
FTSE Spread
1.7 0.5 pt
GBPUSD Spread<
1.5 1.0 var
Oil Spread
600 0.02
Stocks Spread
Variable 0.13 Abv Market
Forex Trading
Purple Trading clients are in a great position to speculate on foreign exchange markets with over 60 major, minor and exotic currency pairs Avatrade offer 50+ currency pairs and their spreads are some of the best among any broker. They are regulated across 5 continents.
Forex App

AvaTrade provide AvaTradeGo for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The AvaProtect™ feature even adds another layer of risk protection. Rated 4.2* , it is one of the more popular trading apps. Download it today.

GBPUSD Spread
1.5 1.0 var
EURUSD Spread
1.2 0.7 var
EURGBP Spread
1.3 1.7 var
Assets
59 50+
Cryptocurrency
Crypto trading not offered Regulated in 5 continents, Avatrade offer a very secure way to access Crypto markets. They offer a great range of Crypto, very tight spreads, and 1:2 leverage. [Not available in Canada]
Spread
BTC 1% ETH 2%
Coins
  • BCH
  • BTC
  • BTG
  • ETH
  • LTC
  • XRP
  • EOS
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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