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Side-by-Side Comparison Independent Updated Oct 2, 2026

PrimeXBT vs Purple Trading 2026: Which Broker is Better?

In the "PrimeXBT vs Purple Trading" broker comparison, PrimeXBT stands out for its focus on cryptocurrency trading with Bitcoin-based margin accounts, appealing primarily to experienced traders seeking high leverage and low fees. On the other hand, Purple Trading attracts a broader range of traders with its regulation by CySEC and FCA, offering a versatile platform selection including MT4, MT5, and cTrader, which is ideal for those prioritising regulatory assurance and diverse asset options. While PrimeXBT offers a minimal deposit requirement and specialised crypto services, Purple Trading provides a more comprehensive trading environment with a wider array of instruments and higher leverage on non-crypto assets.

PrimeXBT

Purple Trading

Higher ratedPurple Trading logo

Purple Trading

3.5/ 5
Visit Purple Trading →Full review
VS
PrimeXBTPurple Trading
BrokerRank Score3.4/53.5/5 ✓
Min. Deposit$1 ✓$25
Spread from0.001 pips ✓0.2 pips
Max Leverage1:2001:500 ✓
RegulationFSACySEC, FCA ✓
PlatformsProprietary Web, Proprietary MobileMT4, MT5, cTrader
Quick VerdictBrokerRank recommends
Best for Beginners
PrimeXBTPurple Trading
Best for Low Fees
PrimeXBTPurple Trading
Best for Regulation
Purple TradingPrimeXBT
Best Overall
Purple TradingPrimeXBT
Quick Answer

Purple Trading is the better choice overall, scoring 3.5/5 vs 3.4/5 on BrokerRank's independent rating. On fees, PrimeXBT offers lower spreads (0.001 pips).

See full side-by-side comparison below

PrimeXBT vs Purple Trading: Key Differences

Feature

PrimeXBT

Winner

Purple Trading

Our Rating
3.4 / 5
3.5 / 5
Min. Deposit
$1
$25
Max Leverage
Spread From
0.001 pips
0.2 pips
Commission
$0.05/lot
$3/lot
Regulated By
FSA
Platforms
Proprietary Web, Proprietary Mobile
MT4, MT5, cTrader
Markets
Crypto, Forex, Cfd, Indices, Commodities
Forex, Cfd, Indices, Commodities, Stocks, Crypto
Founded
2018
2016
Headquarters
Seychelles
Limassol, Cyprus
Score
3 / 5
2 / 5

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Fees Comparison

Fee

PrimeXBT

Lower fees

Purple Trading

Spread From
0.001 pips
0.2 pips
Commission
$0.05/lot
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, Purple Trading is the superior choice due to its robust regulation under CySEC and the FCA, alongside its user-friendly platforms like MT4 and MT5. Professional traders might favour PrimeXBT for its high leverage options, particularly in cryptocurrency trading, and its advanced copy trading features. PrimeXBT wins on fees with significantly lower commissions at 0.05% per trade compared to Purple Trading's commission of $3.

Who Should Choose Which?

PrimeXBT

PrimeXBT

3.4/5

Choose PrimeXBT if you want…

  • Tighter spreads (from 0.001 pips)
  • Lower minimum deposit ($1)
Purple Trading

Purple Trading

3.5/5

Top pick

Choose Purple Trading if you want…

  • Higher overall rating (3.5/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (2)
  • More market types (6)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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4.3
FCA
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FxPro
4.1
FCA
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AvaTrade
4.0
MAS
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Plus500
4.0
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80% of retail CFD accounts lose money.

Both PrimeXBT & Purple Trading are available in

Frequently Asked Questions

1

Is PrimeXBT better than Purple Trading?

Purple Trading scores higher overall on our independent rating system. PrimeXBT holds a 3.4/5 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.

2

Which has lower fees, PrimeXBT or Purple Trading?

PrimeXBT offers spreads from 0.001 pips, while Purple Trading starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for PrimeXBT vs Purple Trading?

PrimeXBT requires a minimum deposit of $1. Purple Trading requires $25.

4

Which broker is safer, PrimeXBT or Purple Trading?

PrimeXBT is regulated by FSA, while Purple Trading holds licences from CySEC, FCA.

5

What trading platforms do PrimeXBT and Purple Trading support?

PrimeXBT supports Proprietary Web, Proprietary Mobile. Purple Trading supports MT4, MT5, cTrader.

6

Can I use both PrimeXBT 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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