Purple Trading vs LHV 2026: Which Broker is Better?
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 | 3.5/5 ✓ |
| 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 (3.5/5) and LHV (3.5/5) are closely matched. LHV has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowPurple Trading vs LHV: Key Differences
Purple Trading
LHV
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Fees Comparison
Purple Trading
LHV
Lower feesRegulation & Trust
Purple Trading holds licences from FCA, CySEC. LHV is regulated by FCA, Finantsinspektsioon.
Markets & Assets
Both brokers offer access to Indices, Stocks markets. Purple Trading additionally covers Forex, Cfd, Commodities. LHV adds Etf, Crypto.
Fees & Spreads
On spreads, LHV is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at Purple Trading.
Trading Platforms
Purple Trading supports MT4, MT5, cTrader. LHV offers Proprietary Web, Proprietary Mobile, LHV Broker.
Minimum Deposit
Purple Trading requires a minimum deposit of $25, while LHV sets no minimum deposit. This makes LHV accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
Purple Trading
3.5/5
Choose Purple Trading if you want…
- Higher leverage (up to 1:500)
- More market types (6)
LHV
3.5/5
Choose LHV if you want…
- Tighter spreads (from 0 pips)
- No per-trade commission
- No minimum deposit
- More established (est. 1999)
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 & LHV are available in
Frequently Asked Questions
1Is Purple Trading better than LHV?
Purple Trading (3.5/5) and LHV (3.5/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
2Which has lower fees, Purple Trading or LHV?
Purple Trading offers spreads from 0.2 pips, while LHV starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Purple Trading vs LHV?
Purple Trading requires a minimum deposit of $25. LHV requires $0.
4Which broker is safer, Purple Trading or LHV?
Purple Trading is regulated by CySEC, FCA, while LHV holds licences from Finantsinspektsioon, FCA.
5What trading platforms do Purple Trading and LHV support?
Purple Trading supports MT4, MT5, cTrader. LHV supports Proprietary Web, Proprietary Mobile, LHV Broker.
6Can I use both Purple Trading and LHV?
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.
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