Purple Trading vs OCBC Securities 2026: Which Broker is Better?
Choosing between Purple Trading and OCBC Securities depends on your trading style, preferred markets, and budget. Purple Trading is headquartered in Limassol, Cyprus, while OCBC Securities operates from Singapore. OCBC Securities has the longer track record, established in 1986, 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
OCBC Securities
| Purple Trading | OCBC Securities | |
|---|---|---|
| BrokerRank Score | 3.5/5 ✓ | 3.3/5 |
| Min. Deposit | $25 | $0 ✓ |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:5 |
| Regulation | CySEC, FCA ✓ | MAS |
| Platforms | MT4, MT5, cTrader | Proprietary Web, Proprietary Mobile, iOCBC |
Purple Trading is the better choice overall, scoring 3.5/5 vs 3.3/5 on BrokerRank's independent rating. On fees, OCBC Securities offers lower spreads (0 pips).
See full side-by-side comparison belowPurple Trading vs OCBC Securities: Key Differences
Purple Trading
OCBC Securities
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Fees Comparison
Purple Trading
OCBC Securities
Lower feesRegulation & Trust
Purple Trading holds licences from FCA, CySEC. OCBC Securities is regulated by MAS.
Markets & Assets
Both brokers offer access to Forex, Indices, Stocks markets. Purple Trading additionally covers Cfd, Commodities. OCBC Securities adds Etf.
Fees & Spreads
On spreads, OCBC Securities 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. OCBC Securities offers Proprietary Web, Proprietary Mobile, iOCBC.
Minimum Deposit
Purple Trading requires a minimum deposit of $25, while OCBC Securities sets no minimum deposit. This makes OCBC Securities accessible to traders with any budget.
Overall Ratings
BrokerRank scores Purple Trading at 3.46/5 and OCBC Securities at 3.31/5, 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 overall rating (3.5/5)
- Higher leverage (up to 1:500)
- More regulatory licences (2)
- More market types (6)
OCBC Securities
3.3/5
Choose OCBC Securities if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 1986)
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 & OCBC Securities are available in
Frequently Asked Questions
1Is Purple Trading better than OCBC Securities?
Purple Trading scores higher overall on our independent rating system. Purple Trading holds a 3.5/5 rating vs OCBC Securities's 3.3/5. 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 OCBC Securities?
Purple Trading offers spreads from 0.2 pips, while OCBC Securities starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Purple Trading vs OCBC Securities?
Purple Trading requires a minimum deposit of $25. OCBC Securities requires $0.
4Which broker is safer, Purple Trading or OCBC Securities?
Purple Trading is regulated by CySEC, FCA, while OCBC Securities holds licences from MAS.
5What trading platforms do Purple Trading and OCBC Securities support?
Purple Trading supports MT4, MT5, cTrader. OCBC Securities supports Proprietary Web, Proprietary Mobile, iOCBC.
6Can I use both Purple Trading and OCBC Securities?
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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