Libertex
Purple Trading
VS
Higher Rated
Libertex
Capital at risk · T&Cs apply
In comparing Libertex and Purple Trading, traders will find distinct differences that cater to varied trading preferences. Libertex, with its zero spread trading and low $10 minimum deposit, is ideal for cost-conscious traders who prefer a commission-based model and a proprietary platform experience. On the other hand, Purple Trading appeals to traders seeking a more regulated environment, particularly those who value the oversight of both CySEC and FCA, and prefer the transparency of ECN execution on popular platforms like cTrader. While Libertex offers higher leverage up to 1:999, Purple Trading provides a more diverse platform selection, making it suitable for traders who prioritise regulatory compliance and platform flexibility.
Libertex
Purple Trading
| Libertex | Purple Trading | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.5/5 |
| Min. Deposit | $10 ✓ | $25 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:999 ✓ | 1:500 |
| Regulation | CySEC | CySEC, FCA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5, cTrader |
Libertex is the better choice overall, scoring 3.7/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Libertex offers lower spreads (0 pips).
See full side-by-side comparison belowLibertex
WinnerPurple Trading
Libertex
Lower feesPurple Trading
Libertex
3.7/5
Choose Libertex if you want…
Purple Trading
3.5/5
Choose Purple Trading if you want…
Libertex scores higher overall on our independent rating system. Libertex holds a 3.7/5 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.
Libertex offers spreads from 0 pips, while Purple Trading starts at 0.2 pips. Check the fees section above for a full breakdown.
Libertex requires a minimum deposit of $10. Purple Trading requires $25.
Libertex is regulated by CySEC, while Purple Trading holds licences from CySEC, FCA.
Libertex supports Proprietary Web, Proprietary Mobile, MT4, MT5. 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.
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
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71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.