Purple Trading vs FP Markets

Purple Trading vs FP Markets Comparison Table 2023
Purple Trading FP Markets
WINNER
Purple Trading is the better broker
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. FP Markets is a multi-asset broker offering a choice of trading platforms.
Awards
  • Best Global Forex Value Broker 2019 - Global Forex Awards
  • Best Quality of Trade Execution 2019 - Investment Trends
Instruments
Stocks, Futures, CFD, Forex Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$20 $100
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
CySEC, FCA ASIC, CySEC, ESMA
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
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 Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android Yes
Auto Trading
Yes
Copy Trading
No Yes
Copy Trading Platform
FP Markets Social Trading app allows for the straightforward mirroring of established traders with an easy-to-follow ranking system.
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
0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • CHF
  • PLN
  • CZK
  • THB
  • VND
Stock Exchanges
Commodities
CFD Trading
Purple Trading supports CFD trading through MetaTrader 4 and cTrader on stocks, commodities, futures, forex and indices. Trade thousands of CFDs across a range of markets with high leverage.
Leverage
1:30 Retail, 1:500 Professional 1:500 (Global), (1:30 UK)
FTSE Spread
1.7 1.64
GBPUSD Spread<
1.5 1.9 average
Oil Spread
600 0.04
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 Trade on dozens of forex pairs with low spreads.
GBPUSD Spread
1.5 1.9 average
EURUSD Spread
1.2 1.1 average
EURGBP Spread
1.3 1.7 average
Assets
59 60+
Cryptocurrency
Crypto trading not offered Trade a handful of leading cryptocurrency coins against the US Dollar.
Spread
Floating
Coins
  • ADA
  • BCH
  • BTC
  • DOG
  • DOT
  • EOS
  • ETH
  • LNK
  • LTX
  • XRP
  • SOL
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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