Purple Trading
IG Group
VS
Higher Rated
IG Group
Capital at risk · T&Cs apply
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
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 belowOverall Rating
IG Group
3.5 vs 4.3
Lowest Fees
Purple Trading
0.2 vs 0.6 pips
Regulation
IG Group
2 vs 4 licences
Min. Deposit
Purple Trading
$25 vs $250
Purple Trading
IG Group
WinnerPurple Trading
IG Group
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.
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.
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.
Purple Trading requires a minimum deposit of $25. IG Group requires $250.
Purple Trading is regulated by CySEC, FCA, while IG Group holds licences from FCA, ASIC, MAS, SEC.
Purple Trading supports MT4, MT5, cTrader. IG Group supports Proprietary Web, Proprietary Mobile, MT4.
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
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
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.