FBS
Purple Trading
VS
Higher Rated
FBS
Capital at risk · T&Cs apply
In the FBS vs Purple Trading broker comparison, the key difference lies in their target audience and trading conditions. FBS, with a rating of 3.88/5, appeals to high-leverage traders seeking low entry barriers, offering leverage up to 1:3000 and a minimum deposit of just $1, making it particularly popular in Asia, Africa, and Latin America. In contrast, Purple Trading, rated 3.46/5, is more suited for traders prioritising regulatory oversight and ECN execution, with its FCA regulation and availability of the cTrader platform, albeit with a higher minimum deposit of $25 and a maximum leverage of 1:500. Each broker caters to different trader needs, from high-risk strategies to those seeking a more regulated trading environment.
FBS
Purple Trading
| FBS | Purple Trading | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.5/5 |
| Min. Deposit | $1 ✓ | $25 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:3000 ✓ | 1:500 |
| Regulation | CySEC, ASIC, FSCA ✓ | CySEC, FCA |
| Platforms | MT4, MT5, Proprietary Mobile | MT4, MT5, cTrader |
FBS is the better choice overall, scoring 3.9/5 vs 3.5/5 on BrokerRank's independent rating. On fees, FBS offers lower spreads (0 pips).
See full side-by-side comparison belowFBS
WinnerPurple Trading
FBS
Lower feesPurple Trading
FBS
3.9/5
Choose FBS if you want…
Purple Trading
3.5/5
Choose Purple Trading if you want…
Similar strengths to FBS — compare below.
FBS scores higher overall on our independent rating system. FBS holds a 3.9/5 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.
FBS offers spreads from 0 pips, while Purple Trading starts at 0.2 pips. Check the fees section above for a full breakdown.
FBS requires a minimum deposit of $1. Purple Trading requires $25.
FBS is regulated by CySEC, ASIC, FSCA, while Purple Trading holds licences from CySEC, FCA.
FBS supports MT4, MT5, Proprietary Mobile. 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.