Purple Trading vs IG Group 2026: Which Broker is Better?
Compare Purple Trading and IG Group side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Purple Trading
IG Group
| Purple Trading | IG Group | |
|---|---|---|
| BrokerRank Score | 3.5/5 | 4.3/5 ✓ |
| Min. Deposit | $25 ✓ | $250 |
| Spread from | 0.2 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | CySEC, FCA | FCA, ASIC, MAS ✓ |
| Platforms | MT4, MT5, cTrader | Proprietary Web, Proprietary Mobile, MT4 |
IG Group 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 IG Group: Key Differences
Purple Trading
IG Group
WinnerStill deciding between Purple Trading and IG Group?
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Fees Comparison
Purple Trading
IG Group
BrokerRank Verdict
Purple Trading scores 3.46/5 while IG Group scores 4.33/5 in our independent rating.
IG Group 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)
- Higher leverage (up to 1:500)
IG Group
4.3/5
Choose IG Group if you want…
- Higher overall rating (4.3/5)
- No per-trade commission
- More regulatory licences (4)
- More established (est. 1974)
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 & IG Group are available in
Frequently Asked Questions
1Is Purple Trading better than IG Group?
IG Group scores higher overall on our independent rating system. Purple Trading holds a 3.5/5 rating vs IG Group'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 IG Group?
Purple Trading offers spreads from 0.2 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Purple Trading vs IG Group?
Purple Trading requires a minimum deposit of $25. IG Group requires $250.
4Which broker is safer, Purple Trading or IG Group?
Purple Trading is regulated by CySEC, FCA, while IG Group holds licences from FCA, ASIC, MAS, SEC.
5What trading platforms do Purple Trading and IG Group support?
Purple Trading supports MT4, MT5, cTrader. IG Group supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both Purple Trading and IG Group?
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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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