Purple Trading vs ForTrade 2026: Which Broker is Better?
Compare Purple Trading and ForTrade side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Purple Trading
ForTrade
| Purple Trading | ForTrade | |
|---|---|---|
| BrokerRank Score | 3.5/5 | 4.3/5 ✓ |
| Min. Deposit | $25 | $100 ✓ |
| Spread from | 0.2 pips ✓ | 1 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | CySEC, FCA | FCA, ASIC, CySEC ✓ |
| Platforms | MT4, MT5, cTrader | Proprietary Web, Proprietary Mobile, MT4 |
ForTrade is the better choice overall, scoring 4.3/5 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 belowPurple Trading vs ForTrade: Key Differences
Purple Trading
ForTrade
WinnerFees Comparison
Purple Trading
ForTrade
BrokerRank Verdict
Purple Trading scores 3.46/5 while ForTrade scores 4.25/5 in our independent rating.
ForTrade edges ahead overall, but Purple Trading may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
Purple Trading
3.5/5
Choose Purple Trading if you want…
- Tighter spreads (from 0.2 pips)
- Lower minimum deposit ($25)
ForTrade
4.3/5
Choose ForTrade if you want…
- Higher overall rating (4.3/5)
- No per-trade commission
- More regulatory licences (6)
- More established (est. 2013)
Also consider
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.
Both Purple Trading & ForTrade are available in
Frequently Asked Questions
1Is Purple Trading better than ForTrade?
ForTrade scores higher overall on our independent rating system. Purple Trading holds a 3.5/5 rating vs ForTrade's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Purple Trading or ForTrade?
Purple Trading offers spreads from 0.2 pips, while ForTrade starts at 1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Purple Trading vs ForTrade?
Purple Trading requires a minimum deposit of $25. ForTrade requires $100.
4Which broker is safer, Purple Trading or ForTrade?
Purple Trading is regulated by CySEC, FCA, while ForTrade holds licences from FCA, ASIC, CySEC, CIRO, DFSA, FSC.
5What trading platforms do Purple Trading and ForTrade support?
Purple Trading supports MT4, MT5, cTrader. ForTrade supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both Purple Trading and ForTrade?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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BrokerRank Research
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.
Higher Rated
ForTrade
Capital at risk · T&Cs apply