Purple Trading vs Mega Trader FX

Purple Trading vs Mega Trader FX Comparison Table 2023
Purple Trading Mega Trader FX
WINNER
Purple Trading is the better broker

Purple Trading is #36 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.

Mega Trader FX is a multi-asset broker offering 1:500 leverage and deposit bonuses.

Bonus
20% deposit bonus up to $2,000
Instruments
Stocks, Futures, CFD, Forex Forex, CFDs, indices, precious metals, energies
Demo Account
Yes Yes
Minimum Deposit
$20 $0
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
CySEC, FCA CySEC
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
No No
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 No
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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android Yes
Auto Trading
Yes (EAs)
Copy Trading
No No
Social Trading
Yes No
VPS Hosting
No No
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
Stock Exchanges
Commodities
CFD Trading
Purple Trading supports CFD trading through MetaTrader 4 and cTrader on stocks, commodities, futures, forex and indices. CFD products are available on multiple financial markets.
Leverage
1:30 Retail, 1:500 Professional 1:500
FTSE Spread
1.7 Variable
GBPUSD Spread<
1.5 2.6
Oil Spread
600 Variable
Stocks Spread
Variable N/A
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 Online trading is available on major, minor and exotic FX pairs.
GBPUSD Spread
1.5 2.6
EURUSD Spread
1.2 1.9
EURGBP Spread
1.3 2.5
Assets
59 54
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