Purple Trading vs FIBO Group
Purple Trading | FIBO Group |
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3.5
Purple Trading is #14 in our CFD broker rankings. |
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Not Yet Rated
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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 the CySEC. Purple Trading also offers a good selection of account types to suit different traders, including beginners, pros and passive investors. |
FIBO Group is a dual-licensed forex broker offering multiple trading platforms. |
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." | |
Pros | |
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Cons | |
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Instruments | |
Stocks, Futures, CFD, Forex, Crypto | Forex, CFDs, cryptos, spot metals |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $50 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
CySEC | CySEC, FSC BVI |
Margin Trading | |
Yes | No |
STP Account | |
Yes | No |
ECN Account | |
Yes | No |
DMA Account | |
Yes | No |
MAM Account | |
Yes | Yes |
PAMM Account | |
Yes | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Mobile Apps | |
iOS & Android | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Yes |
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 |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
Yes | |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
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. | Speculate on the financial markets with a range of CFDs. |
Leverage | |
1:30 (Retail), 1:500 (Pro) | 1:1000 |
FTSE Spread | |
1 (ECN) | 3.5 |
GBPUSD Spread | |
0.00004 (ECN) | 0.5 |
Oil Spread | |
0.03 (ECN) | $0.08 |
Stocks Spread | |
Variable | Variable |
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. | Trade dozens of online currencies with competitive leverage rates. |
GBPUSD Spread | |
0.00004 (ECN) | 0.5 |
EURUSD Spread | |
0.00004 (ECN) | 0.3 |
EURGBP Spread | |
0.00005 (ECN) | 0.5 |
Assets | |
59 | 60+ |
Currency Indices | |
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Cryptocurrency | |
Trade crypto and USD cross pairs. | |
Spread | |
Floating | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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More Comparisons | |
Purple Trading vs |
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