Plus500 vs Purple Trading 2026: Which Broker is Better?
In the "Plus500 vs Purple Trading" broker comparison, the key distinction lies in their platform offerings and target trader profiles. Plus500, established in 2008, is ideal for beginners seeking a straightforward, commission-free trading experience with its proprietary platform, covering over 2,800 instruments. In contrast, Purple Trading, founded in 2016, appeals to more seasoned traders who prefer using advanced platforms like MT4, MT5, and cTrader, benefiting from tighter spreads and ECN execution. While Plus500 offers a wider range of instruments, Purple Trading provides a lower minimum deposit and higher leverage, making it attractive for traders with smaller initial capital.
Plus500
Purple Trading
80% of retail CFD accounts lose money.
Plus500 offers CFDs only — CFDs on forex, indices, stocks, commodities & crypto. You trade on price movements and do not own the underlying assets. Maximum leverage up to 1:30 for retail clients; additional fees may apply.
| Plus500 | Purple Trading | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.5/5 |
| Min. Deposit | $100 ✓ | $25 |
| Spread from | 0.6 pips | 0.2 pips ✓ |
| Max Leverage | 1:30 | 1:500 ✓ |
| Regulation | FCA, CySEC, ASIC ✓ | CySEC, FCA |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, cTrader |
Plus500 is the better choice overall, scoring 4.0/5 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 belowPlus500 vs Purple Trading: Key Differences
Plus500
WinnerPurple Trading
Fees Comparison
Plus500
Purple Trading
BrokerRank Verdict
Who Should Choose Which?
Plus500
4.0/5
Choose Plus500 if you want…
- Higher overall rating (4.0/5)
- No per-trade commission
- More regulatory licences (4)
- More established (est. 2008)
Purple Trading
3.5/5
Choose Purple Trading if you want…
- Tighter spreads (from 0.2 pips)
- Lower minimum deposit ($25)
- Higher leverage (up to 1:500)
- More platforms (3 supported)
Also consider
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Both Plus500 & Purple Trading are available in
Frequently Asked Questions
1Is Plus500 better than Purple Trading?
Plus500 scores higher overall on our independent rating system. Plus500 holds a 4.0/5 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.
2Which has lower fees, Plus500 or Purple Trading?
Plus500 offers spreads from 0.6 pips, while Purple Trading starts at 0.2 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Plus500 vs Purple Trading?
Plus500 requires a minimum deposit of $100. Purple Trading requires $25.
4Which broker is safer, Plus500 or Purple Trading?
Plus500 is regulated by FCA, CySEC, ASIC, MAS, while Purple Trading holds licences from CySEC, FCA.
5What trading platforms do Plus500 and Purple Trading support?
Plus500 supports Proprietary Web, Proprietary Mobile. Purple Trading supports MT4, MT5, cTrader.
6Can I use both Plus500 and Purple Trading?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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BrokerRank Research
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Plus500
80% of retail CFD accounts lose money.