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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 On2021-01-11
Registered Country/RegionSeychelles
RegulationOffshore Regulated
Market InstrumentsForex, Precious Metals, Indices, and Commodities
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformMT4 and MT5 (Web, Windows, MAC, Android, and iOS)
Min Deposit$500
Customer SupportEN: +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.

Purple Trading Seychelles

Pros and Cons

Pros Cons
Spreads as low as 0.0 pipsOffshore regulation
Leverage up to 1:500High leverage risk
cTrader, MT4, and MT5 availableDeposit 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.

FSA
FSA

What Can I Trade on Purple Trading?

Tradable InstrumentsSpecific InstrumentsSpread Level
ForexMajor Currency Pairs (e.g., EURUSD)As low as 0.0 pips
Precious MetalsGold (XAUUSD)0.0 pips
IndicesDAX Index0.7 pips
S&P 500 (SP)0.5 pips
CommoditiesCrude Oil (WTI)0.03 pips

Account Type

Account Type StandardRAW
Minimum deposit$500$500
Spread from1.0 pips0.0 pips
CommissionsZoreZore
Leverageup to 1:500up to 1:500
Minimum lot size0.010.01
Margin call level50 %50 %
Stop out level20 %20 %
Hedging | Scalping | EAsAllowedAllowed

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 InstrumentsMaximum Leverage Ratio
Forex (e.g., EURUSD)1:500
Gold/Indices1:100
Crude Oil1:20

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Web, Windows, MAC, Android, and iOSBeginners
MT5✔Web, Windows, MAC, Android, and iOSExperienced Traders
cTrader✔Web, Windows, MAC, Android, and iOSAll

Deposit and Withdrawal

MethodFeePlatform Processing Time
DepositSEPA Payment (EUR)Free1 business day; Bank Settlement Time: 1–2 business days
Credit Card (Visa/Mastercard)FreeInstant (1 business day for first deposit)
SticpayFreeInstant
International Wire TransferFree3–5 business days
WithdrawalCredit CardFree1 business day; Synchronized with bank processing: 3–10 business days
SticpayFree1 business day
Other MethodsFreeConsistent with the deposit process

Copy Trading

Traders can use the built-in copy trading function on the MT5 platform to automatically follow the strategies of experienced traders.

LeverageBrokerCurrency PairDealerForex tradingForex Broker

Related broker

Offshore Regulated
Purple Trading
Company name:AXSE Brokerage Ltd
Score
5.77
Website:https://www.purple-trading.sc/
5-10 years | Regulated in Seychelles | Retail Forex License | MT5 Full License
Score
5.77

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