Higher Rated
Purple Trading
Capital at risk · T&Cs apply
Choosing between Purple Trading and InvestEngine depends on your trading style, preferred markets, and budget. Purple Trading is headquartered in Limassol, Cyprus, while InvestEngine operates from London, UK. Purple Trading has the longer track record, established in 2016, compared to InvestEngine which was founded in 2019. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Purple Trading
InvestEngine
Purple Trading is the better choice overall, scoring 3.5/5 vs 3.2/5 on BrokerRank's independent rating. On fees, InvestEngine offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Purple Trading
3.5 vs 3.2
Lowest Fees
InvestEngine
0.2 vs 0 pips
Regulation
Purple Trading
2 vs 1 licences
Min. Deposit
InvestEngine
$25 vs $0
Purple Trading
InvestEngine
WinnerPurple Trading
InvestEngine
Lower feesPurple Trading holds licences from FCA, CySEC. InvestEngine is regulated by FCA.
Both brokers offer access to Stocks markets. Purple Trading additionally covers Forex, Cfd, Indices, Commodities.
On spreads, InvestEngine is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at Purple Trading.
Purple Trading supports MT4, MT5, cTrader. InvestEngine offers Proprietary Web, Proprietary Mobile.
Purple Trading requires a minimum deposit of $25, while InvestEngine sets no minimum deposit. This makes InvestEngine accessible to traders with any budget.
BrokerRank scores Purple Trading at 3.46/5 and InvestEngine at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Purple Trading leads overall with a clear advantage.
Purple Trading scores higher overall on our independent rating system. Purple Trading holds a 3.5/5 rating vs InvestEngine's 3.2/5. 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 InvestEngine starts at 0 pips. Check the fees section above for a full breakdown.
Purple Trading requires a minimum deposit of $25. InvestEngine requires $0.
Purple Trading is regulated by CySEC, FCA, while InvestEngine holds licences from FCA.
Purple Trading supports MT4, MT5, cTrader. InvestEngine supports Proprietary Web, Proprietary Mobile.
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.