Purple Trading vs Global Prime

Purple Trading vs Global Prime Comparison Table 2023
Purple Trading Global Prime
WINNER
Purple Trading is the better broker

Purple Trading is #35 in our broker rankings.

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.

Global Prime is a multi-regulated trading broker offering 100+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100.

Pros
  • Full range of investments
  • Multiple account currencies
  • Multiple deposit methods
  • MetaTrader 4 integration
  • Good execution speed
  • Strong regulation
  • Copy trading
Cons
  • Clients from US and Canada are not accepted
  • No MetaTrader 5 integration
Instruments
Stocks, Futures, CFD, Forex Forex, indices, commodities, cryptocurrencies, shares, bonds
Demo Account
Yes Yes
Minimum Deposit
$20 AUD $200
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
CySEC, FCA ASIC, VFSC, FSA
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 No
Trading Central
No No
STP Account
Yes Yes
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 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
Yes
Copy Trading
No Yes
Copy Trading Platform
Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service.
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
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • SGD
Stock Exchanges
Commodities
CFD Trading
Purple Trading supports CFD trading through MetaTrader 4 and cTrader on stocks, commodities, futures, forex and indices. Buy and sell across the financial markets with leveraged CFD products.
Leverage
1:30 Retail, 1:500 Professional 1:200
FTSE Spread
1.7 0.84
GBPUSD Spread<
1.5 0.64
Oil Spread
600 1.6
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 Global Prime offers online trading on a long list of major, minor and exotics currencies.
GBPUSD Spread
1.5 0.75
EURUSD Spread
1.2 0.16
EURGBP Spread
1.3 0.85
Assets
59 48
Cryptocurrency
Crypto trading not offered Trade five top crypto coins against the USD.
Spread
Floating
Coins
  • BTC
  • BCH
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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