Purple Trading vs InstaForex

Purple Trading vs InstaForex Comparison Table 2023
Purple Trading InstaForex
WINNER
InstaForex is the better broker
Not Yet Rated

Purple Trading is #12 in our CFD broker rankings.

4.1

InstaForex is #10 in our binary options broker rankings.

United States Flag Traders from US accepted
United States Flag 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.

InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.

Pros
  • Demo account
  • Full range of investments
  • MT4 and MT5 integration
  • Low minimum deposit
  • Wide range of payment methods
Awards
  • Best Forex Broker by International Investor Awards 2022
Promotions

Claim A 100% Deposit Bonus At InstaForex

Bonus
30% - 100% Welcome Bonus
Instruments
Stocks, Futures, CFD, Forex Forex, shares, indices, metals, oil and gas, futures, cryptos, binary options
Demo Account
Yes Yes
Minimum Deposit
$20 $/€1
Payment Methods
Bank cards plus international and local transfer solutions
Minimum Trade
0.01 lots 0.01 Lots
Regulator
CySEC, FCA BVI FSC
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
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 No
Mobile Apps
iOS & Android iOS and Android + browser based platform
Auto Trading
Yes
Copy Trading
No No
Copy Trading Platform
InstaForex offers a popular copy trading solution suitable for beginners.
Social Trading
Yes No
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
  • PLN
  • CZK
Stock Exchanges
Commodities
CFD Trading
Purple Trading supports CFD trading through MetaTrader 4 and cTrader on stocks, commodities, futures, forex and indices. Use leveraged CFDs to speculate on popular financial assets with tight spreads.
Leverage
1:30 Retail, 1:500 Professional 1:1000
FTSE Spread
1.7 Av. Floating 100 pips
GBPUSD Spread<
1.5 Av. Floating 0.6
Oil Spread
600 2 pips
Stocks Spread
Variable Floating, commissions as low as 0.01%
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 Go long or short on a range of major and minor currency pairs with tight spreads.
GBPUSD Spread
1.5 Av. Floating 0.6
EURUSD Spread
1.2 Av. Floating 0.2
EURGBP Spread
1.3 Av. Floating 0.5
Assets
59 1000+
Cryptocurrency
Crypto trading not offered InstaForex offer crypto CFD trading on leading tokens with very low fees.
Spread
From 0%
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • and50+more
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered InstaForex offers intraday and expiry binary options on gold and silver, currency pairs, plus stocks and shares.
Payout
Variable%
Expiry Times
1 minute - 1 month
Ladder Options
No No
Boundary Options
No No
More Comparisons
Purple Trading
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