EasyMarkets
Purple Trading
VS
Higher Rated
EasyMarkets
Capital at risk · T&Cs apply
In this broker comparison, we delve into the offerings of EasyMarkets and Purple Trading, two prominent brokers based in Limassol, Cyprus. EasyMarkets, established in 2001, appeals to traders seeking a user-friendly experience with features like free guaranteed stop-loss and a low minimum deposit, although it offers wider fixed spreads. On the other hand, Purple Trading, founded in 2016, targets traders looking for low spread costs and advanced trading platforms like MT5 and cTrader, yet it charges a commission on trades. The key difference lies in EasyMarkets' focus on risk management tools versus Purple Trading's emphasis on competitive pricing and platform variety.
EasyMarkets
Purple Trading
| EasyMarkets | Purple Trading | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.5/5 |
| Min. Deposit | $25 | $25 |
| Spread from | 0.7 pips | 0.2 pips ✓ |
| Max Leverage | 1:400 | 1:500 ✓ |
| Regulation | CySEC, ASIC | CySEC, FCA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5, cTrader |
EasyMarkets is the better choice overall, scoring 3.6/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Purple Trading offers lower spreads (0.2 pips).
See full side-by-side comparison belowEasyMarkets
WinnerPurple Trading
EasyMarkets
Purple Trading
EasyMarkets
3.6/5
Choose EasyMarkets if you want…
Purple Trading
3.5/5
Choose Purple Trading if you want…
EasyMarkets scores higher overall on our independent rating system. EasyMarkets holds a 3.6/5 rating vs Purple Trading's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
EasyMarkets offers spreads from 0.7 pips, while Purple Trading starts at 0.2 pips. Check the fees section above for a full breakdown.
EasyMarkets requires a minimum deposit of $25. Purple Trading requires $25.
EasyMarkets is regulated by CySEC, ASIC, while Purple Trading holds licences from CySEC, FCA.
EasyMarkets supports Proprietary Web, Proprietary Mobile, MT4. Purple Trading supports MT4, MT5, cTrader.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.