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Purple Trading
Capital at risk · T&Cs apply
In comparing Purple Trading and Rakuten Securities, the key distinction lies in their regulatory environments and market focus. Purple Trading, regulated by CySEC and the FCA, appeals to traders seeking a broad range of markets with high leverage options, ideal for those interested in ECN execution and popular platforms like MT4, MT5, and cTrader. Conversely, Rakuten Securities, regulated by Japan's FSA, caters to traders who prioritise zero-commission trading in stocks and ETFs, especially within the Japanese market, and prefer a platform integrated with the Rakuten ecosystem. While Purple Trading is better suited for those looking for a low minimum deposit and versatile trading platforms, Rakuten Securities is favoured by traders who are comfortable with its Japan-centric offerings and proprietary platforms.
Purple Trading
Rakuten Securities
| Purple Trading | Rakuten Securities | |
|---|---|---|
| BrokerRank Score | 3.5/5 ✓ | 3.4/5 |
| Min. Deposit | $25 | $0 ✓ |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:3 |
| Regulation | CySEC, FCA ✓ | FSA |
| Platforms | MT4, MT5, cTrader | Proprietary Web, Proprietary Mobile, MarketSpeed II |
Purple Trading (3.5/5) and Rakuten Securities (3.4/5) are closely matched. Rakuten Securities has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowPurple Trading
Rakuten Securities
WinnerPurple Trading
Rakuten Securities
Lower feesPurple Trading
3.5/5
Choose Purple Trading if you want…
Rakuten Securities
3.4/5
Choose Rakuten Securities if you want…
Purple Trading (3.5/5) and Rakuten Securities (3.4/5) 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.
Purple Trading offers spreads from 0.2 pips, while Rakuten Securities starts at 0 pips. Check the fees section above for a full breakdown.
Purple Trading requires a minimum deposit of $25. Rakuten Securities requires $0.
Purple Trading is regulated by CySEC, FCA, while Rakuten Securities holds licences from FSA.
Purple Trading supports MT4, MT5, cTrader. Rakuten Securities supports Proprietary Web, Proprietary Mobile, MarketSpeed II.
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.