Purple Trading
LHV
VS
Higher Rated
Purple Trading
Capital at risk · T&Cs apply
Choosing between Purple Trading and LHV depends on your trading style, preferred markets, and budget. Purple Trading is headquartered in Limassol, Cyprus, while LHV operates from Tallinn, Estonia. LHV has the longer track record, established in 1999, compared to Purple Trading which was founded in 2016. 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
LHV
| Purple Trading | LHV | |
|---|---|---|
| BrokerRank Score | 3.5/5 ✓ | 3.4/5 |
| Min. Deposit | $25 | $0 ✓ |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:5 |
| Regulation | CySEC, FCA | Finantsinspektsioon, FCA |
| Platforms | MT4, MT5, cTrader | Proprietary Web, Proprietary Mobile, LHV Broker |
Purple Trading is the better choice overall, scoring 3.5/5 vs 3.4/5 on BrokerRank's independent rating. On fees, LHV offers lower spreads (0 pips).
See full side-by-side comparison belowPurple Trading
LHV
WinnerPurple Trading
LHV
Lower feesPurple Trading holds licences from FCA, CySEC. LHV is regulated by FCA, Finantsinspektsioon.
Both brokers offer access to Indices, Stocks markets. Purple Trading additionally covers Forex, Cfd, Commodities. LHV adds Etf, Crypto.
On spreads, LHV 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. LHV offers Proprietary Web, Proprietary Mobile, LHV Broker.
Purple Trading requires a minimum deposit of $25, while LHV sets no minimum deposit. This makes LHV accessible to traders with any budget.
BrokerRank scores Purple Trading at 3.46/5 and LHV at 3.36/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Purple Trading leads overall with a clear advantage.
Purple Trading
3.5/5
Choose Purple Trading if you want…
LHV
3.4/5
Choose LHV if you want…
Purple Trading scores higher overall on our independent rating system. Purple Trading holds a 3.5/5 rating vs LHV's 3.4/5. 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 LHV starts at 0 pips. Check the fees section above for a full breakdown.
Purple Trading requires a minimum deposit of $25. LHV requires $0.
Purple Trading is regulated by CySEC, FCA, while LHV holds licences from Finantsinspektsioon, FCA.
Purple Trading supports MT4, MT5, cTrader. LHV supports Proprietary Web, Proprietary Mobile, LHV Broker.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.