Purple Trading vs Forex.com

Purple Trading vs Forex.com Comparison Table 2023
Purple Trading	Forex.com
Review 3.5 Purple Trading is #13 in our CFD broker rankings.	Review 4.5 Forex.com is #1 in our CFD broker rankings.
Traders from US accepted	Traders from US 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.	Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.
Awards
	Best US Broker 2020 - DayTrading.com Best US Broker 2019 - DayTrading.com Runner-Up - Best Forex Broker 2019 - DayTrading.com
Bonus
	No
Instruments
Stocks, Futures, CFD, Forex	Stocks, Futures, Options, CFD, Forex, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$20	$100
Payment Methods
Credit Card Debit Card Neteller Skrill Wire Transfer	ACH Transfer Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 lots	$1
Regulator
CySEC, FCA	CySEC, IIROC, NFA, CFTC, FCA, CIMA
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
No	No
cTrader
Yes	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
No	Yes
eSignal
No	Yes
Trading Central
No	Yes
STP Account
Yes	Yes
ECN Account
Yes	Yes
DMA Account
Yes	Yes
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	Yes
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
	Automated trading supported through platforms (MT4)
Copy Trading
No	No
Social Trading
Yes	No
Trade Signals
	SMART Signals
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 CHF
Stock Exchanges
Australian Securities Exchange Deutsche Boerse Euronext Japan Exchange Group New York Stock Exchange	DAX GER 40 Index FTSE UK Index Nasdaq S&P 500
Commodities
Oil Orange Juice Silver	Cotton Gold Livestock Oil Silver Soybeans
CFD Trading
Purple Trading supports CFD trading through MetaTrader 4 and cTrader on stocks, commodities, futures, forex and indices.	Go long and short on a range of popular financial markets
Leverage
1:30 Retail, 1:500 Professional	1:200
FTSE Spread
1.7	1 pt
GBPUSD Spread<
1.5	1.0 Var
Oil Spread
600	0.04 Var
Stocks Spread
Variable	0.1% (Min Commission Applies)
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.com are a leading FX broker. Offering a large range of currency pairs and some of the tightest spreads in the industry.
Forex App
	Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.
GBPUSD Spread
1.5	1.0 Var
EURUSD Spread
1.2	0.8 Var
EURGBP Spread
1.3	0.8 Var
Assets
59	80+
Cryptocurrency
Crypto trading not offered	Trade the major cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet required, just a trading account. Note, cryptos are not available in the US or Canada.
Spread
	BTC 1.4%, ETH 2%
Coins
	BTC BCH ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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