FP Markets
Purple Trading
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
In the FP Markets vs Purple Trading comparison, key differences emerge in their target audiences and trading platforms. FP Markets, established in 2005, appeals to traders seeking competitive spreads from 0 pips and the integration of TradingView, making it ideal for advanced traders valuing comprehensive charting tools. Conversely, Purple Trading, founded in 2016, attracts beginners with its low minimum deposit of $25 and the availability of cTrader for ECN execution. Both brokers offer robust regulation, but their distinct features cater to diverse trading preferences.
FP Markets
Purple Trading
| FP Markets | Purple Trading | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.5/5 |
| Min. Deposit | $100 ✓ | $25 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | ASIC, CySEC | CySEC, FCA |
| Platforms | MT4, MT5, TradingView | MT4, MT5, cTrader |
FP Markets is the better choice overall, scoring 3.8/5 vs 3.5/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFP Markets
WinnerPurple Trading
FP Markets
Lower feesPurple Trading
FP Markets
3.8/5
Choose FP Markets if you want…
Purple Trading
3.5/5
Choose Purple Trading if you want…
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 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.
FP Markets offers spreads from 0 pips, while Purple Trading starts at 0.2 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. Purple Trading requires $25.
FP Markets is regulated by ASIC, CySEC, while Purple Trading holds licences from CySEC, FCA.
FP Markets supports MT4, MT5, TradingView, 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.