Purple Trading Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-29 19:13

Abstract：Purple Trading Seychelles is an online broker headquartered in Seychelles, providing global traders with CFD (Contract for Difference) trading services for financial products such as forex, precious metals, indices, and crude oil. It supports mainstream trading platforms like cTrader and MetaTrader 4/5 (MT4/MT5), catering to traders with different experience levels.

Purple Trading Review Summary
Registered On	2021-01-11
Registered Country/Region	Seychelles
Regulation	Offshore Regulated
Market Instruments	Forex, Precious Metals, Indices, and Commodities
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0.0 pips
Trading Platform	MT4 and MT5 (Web, Windows, MAC, Android, and iOS)
Min Deposit	$500
Customer Support	EN: +44 14 46 509 157
	help@purple-trading.sc
	Suite 3 Global Village, Jivans Complex, Mont Fleuri, Mahe, Seychelles

Purple Trading Information

　　Purple Trading Seychelles is an online broker headquartered in Seychelles, providing global traders with CFD (Contract for Difference) trading services for financial products such as forex, precious metals, indices, and crude oil. It supports mainstream trading platforms like cTrader and MetaTrader 4/5 (MT4/MT5), catering to traders with different experience levels.

Pros and Cons

Pros	Cons
Spreads as low as 0.0 pips	Offshore regulation
Leverage up to 1:500	High leverage risk
cTrader, MT4, and MT5 available	Deposit and withdrawal restrictions (credit cards unavailable for some users)
Negative balance protection

Is Purple Trading Legit?

　　The Seychelles Financial Services Authority (FSA) offshore regulates Purple Trading with the license number SD041.

What Can I Trade on Purple Trading?

Tradable Instruments	Specific Instruments	Spread Level
Forex	Major Currency Pairs (e.g., EURUSD)	As low as 0.0 pips
Precious Metals	Gold (XAUUSD)	0.0 pips
Indices	DAX Index	0.7 pips
	S&P 500 (SP)	0.5 pips
Commodities	Crude Oil (WTI)	0.03 pips

Account Type

Account Type	Standard	RAW
Minimum deposit	$500	$500
Spread from	1.0 pips	0.0 pips
Commissions	Zore	Zore
Leverage	up to 1:500	up to 1:500
Minimum lot size	0.01	0.01
Margin call level	50 %	50 %
Stop out level	20 %	20 %
Hedging \| Scalping \| EAs	Allowed	Allowed

Purple Trading Fees

　　For the Standard account, the spread for currency pairs starts at 1.0 pips, while the RAW account offers spreads as low as 0.0 pips. Commission is only charged for the RAW account, at $5 per side per trade (for example, a total of $10 for opening and closing a position).

Leverage

Trading Instruments	Maximum Leverage Ratio
Forex (e.g., EURUSD)	1:500
Gold/Indices	1:100
Crude Oil	1:20

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Web, Windows, MAC, Android, and iOS	Beginners
MT5	✔	Web, Windows, MAC, Android, and iOS	Experienced Traders
cTrader	✔	Web, Windows, MAC, Android, and iOS	All

Deposit and Withdrawal

	Method	Fee	Platform Processing Time
Deposit	SEPA Payment (EUR)	Free	1 business day; Bank Settlement Time: 1–2 business days
	Credit Card (Visa/Mastercard)	Free	Instant (1 business day for first deposit)
	Sticpay	Free	Instant
	International Wire Transfer	Free	3–5 business days
Withdrawal	Credit Card	Free	1 business day; Synchronized with bank processing: 3–10 business days
	Sticpay	Free	1 business day
	Other Methods	Free	Consistent with the deposit process