Purple Trading vs Moomoo

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

Purple Trading is #12 in our CFD broker rankings.

3.8

Moomoo is #10 in our 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.

Moomoo is an app-based stock broker that offers trading in US, Hong Kong and Chinese shares. Clients can get started with a sign-up bonus and $0 minimum deposit.

Pros
  • Low minimum deposit
  • Strong regulation
Cons
  • Few payment methods offered
  • Narrow range of investments
  • No MT4 integration
  • No copy trading
Awards
  • Best Trading Platform 2022 - Fintech Breakthrough
  • Best Active Trading App 2021 - Investing Simple
  • Best Trading Technology 2021 - Benzinga
  • Best Online Stock Brokers 2021 - Benzinga
Bonus
Get up to 15 free stocks worth up to $2000
Instruments
Stocks, Futures, CFD, Forex Stocks, Options, ETFs, ADRs, OTCs
Demo Account
Yes Yes
Minimum Deposit
$20 $0
Payment Methods
Minimum Trade
0.01 lots No minimum
Regulator
CySEC, FCA SEC, FINRA, MAS
Margin Trading
Yes Yes
Margin Rate
6.8
MetaTrader 4
Yes No
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 Yes
Mobile Apps
iOS & Android Yes (iOS & Android)
Copy Trading
No No
Social Trading
Yes No
Trade Signals
None
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 No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
Stock Exchanges
Commodities
CFD Trading
Purple Trading supports CFD trading through MetaTrader 4 and cTrader on stocks, commodities, futures, forex and indices. CFD trading not offered
Leverage
1:30 Retail, 1:500 Professional
FTSE Spread
1.7
GBPUSD Spread<
1.5
Oil Spread
600
Stocks Spread
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 Forex trading not offered
GBPUSD Spread
1.5
EURUSD Spread
1.2
EURGBP Spread
1.3
Assets
59
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