Purple Trading vs Exness

Purple Trading vs Exness Comparison Table 2023
Purple Trading	Exness
Review 3.5 Purple Trading is #15 in our CFD broker rankings.	Review 4.2
Traders from US accepted	Traders from US not accepted See available CFD brokers
Purple Trading is a legitimate forex and CFD broker with ECN and STP execution for a range of markets on two top commercial trading platforms. The broker is heavily regulated with authorization from both the CySEC and FCA. Purple Trading also offers a good selection of account types to suit different traders, including beginners, pros and passive investors.	Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 260,000 clients, several awards and reputable licensing, the broker is a respected global brand. Traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types.
Comment by Reviewer
"Purple Trading is a great fit for investors seeking a regulated broker with access to popular financial markets on the reliable cTrader or MetaTrader 4 platforms."	"Exness is an accessible broker for all experience levels, though beginners will appreciate the low entry requirements, social trading and round-the-clock support."
Pros
Trustworthy and regulated by the Cyprus Securities and Exchange Commission (CySEC) Access to MetaTrader 4 plus cTrader - both industry-leading platforms Good range of deposit and withdrawal methods including bank cards Currency indices with broader exposure to the forex market Loyalty programme for active traders with fee discounts Bespoke indicators to support forex trading on MT4 Excellent education for beginners including ebooks Free demo account	Accessible for beginners with low minimum deposits from $10 and flexible payment methods Social trading features plus comprehensive education covering a good selection of topics and markets A range of account types for all experience levels and requirements, including Cent, Pro and Raw spread solutions Top-tier licensing with the FCA and CySEC and strong reputation with over 10 years in business First brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes Highly competitive spreads from 0.1 pips and low commissions from $3.50 per side 24/7 multilingual customer support via telephone and email Local payments plus deposits in BTC and USDT
Cons
No MetaTrader 5 compatibility No cryptocurrency trading including Bitcoin Average customer support channels and wait times	No live chat support No bonus deals or promotions Country restrictions including the USA
Awards
	Most People-Centric Broker at Traders Summit 2022 Global Broker of the Year at Traders Summit 2022 Best Customer Support Award at Financial Markets Expo Cairo 2021 Premium Loyalty Program Award at Financial Markets Expo Cairo 2021 Most Innovative Broker at Dubai Expo 2021
Instruments
Stocks, Futures, CFD, Forex	Forex, metals, cryptocurrencies, energies, indices, stocks
Demo Account
Yes	Yes
Minimum Deposit
$20	$10
Trading Platforms
MT4 cTrader	MT4 MT5 TradingCentral
Payment Methods
Credit Card Debit Card Neteller Skrill Wire Transfer	Bitcoin Payments Boleto Credit Card Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	Variable
Regulator
CySEC, FCA	FSA, CySEC, FCA, FSCA, FSC, CBCS
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
Yes	No
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
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	Yes (iOS & Android)
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
Purple Trading enlists strategy providers to share their trading strategies with aspiring investors. The broker also CapitalGuard technology to cap excessive losses.
Social Trading
Yes	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
Inactivity Fee
$15
Islamic Account
No	Yes
Account Currencies
USD EUR GBP	USD EUR GBP CAD AUD NZD INR JPY ZAR MYR IDR DKK CHF HKD SGD AED SAR HUF NGN THB VND UAH
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Japan Exchange Group Nasdaq New York Stock Exchange S&P 500	CAC 40 Index France DAX GER 40 Index Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange
Commodities
Gold Oil Orange Juice Palladium Platinum Silver	Corn Gold Silver
CFD Trading
Purple Trading supports CFD trading through MetaTrader 4 and cTrader on stocks, commodities, futures, forex and indices. You can go long or short with up to 1:30 leverage, free deposits and competitive pricing.	Access up to 1:200 leverage on CFDs with fast platform execution. It is easy for new traders to get started with a low deposit of $10, plus helpful education guides via the Exness Academy.
Leverage
1:30 (Retail), 1:500 (Pro)	1:2000
FTSE Spread
1 (ECN)	Floating
GBPUSD Spread
0.00004 (ECN)	Floating
Oil Spread
0.03 (ECN)	Floating
Stocks Spread
Variable	Floating
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. Forex indices are also available offering a holistic view of popular currencies like the USD.	An impressive range of around 100 forex pairs are available with tight spreads from 0.1 pips. Choose between the advanced MT4 and MT5 platforms to access a suite of forex analysis tools.
GBPUSD Spread
0.00004 (ECN)	Floating
EURUSD Spread
0.00004 (ECN)	Floating
EURGBP Spread
0.00005 (ECN)	Floating
Assets
59	97
Currency Indices
USD EUR GBP JPY CAD AUD NZD CHF
Cryptocurrency
Crypto trading not offered	With over 30 cryptos on offer, traders have plenty of opportunities to access the digital asset market via desktop or mobile apps. Crypto deposits are also available making funding and trading seamless.
Spread
	Floating
Coins
	BTC LTC ETH XRP BCH SOL SNX UNI BAT DOT XTZ ADA BNB ENJ FIL DOGE COMP THETA AAVE LINK IOST CAKE MATIC HT MANA HBAR INCH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
More Comparisons
Purple Trading vs	Exness vs