Purple Trading
Skilling
VS
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Purple Trading
Capital at risk · T&Cs apply
In the competitive landscape of online trading, Purple Trading and Skilling stand out, each catering to different types of traders. Purple Trading, with its emphasis on ECN execution and low minimum deposit of $25, appeals to high-frequency traders and those starting with smaller capital, offering robust platforms like MT4, MT5, and cTrader. On the other hand, Skilling attracts traders interested in a wider array of instruments, including stocks and ETFs, with its proprietary Skilling Trader platform and offers copy trading features, albeit with a higher minimum deposit of $100 and lower leverage. A key distinction lies in their leverage offerings, with Purple Trading providing up to 1:500, ideal for experienced traders, while Skilling offers more conservative leverage up to 1:30, suitable for risk-averse or beginner traders.
Purple Trading
Skilling
| Purple Trading | Skilling | |
|---|---|---|
| BrokerRank Score | 3.5/5 ✓ | 3.5/5 |
| Min. Deposit | $25 | $100 ✓ |
| Spread from | 0.2 pips ✓ | 0.7 pips |
| Max Leverage | 1:500 ✓ | 1:30 |
| Regulation | CySEC, FCA | CySEC, FSA |
| Platforms | MT4, MT5, cTrader | Skilling Trader, cTrader, MT4 |
Purple Trading (3.5/5) and Skilling (3.5/5) are closely matched. Purple Trading has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowPurple Trading
WinnerSkilling
Purple Trading
Skilling
Purple Trading
3.5/5
Choose Purple Trading if you want…
Skilling
3.5/5
Choose Skilling if you want…
Purple Trading (3.5/5) and Skilling (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.
Purple Trading offers spreads from 0.2 pips, while Skilling starts at 0.7 pips. Check the fees section above for a full breakdown.
Purple Trading requires a minimum deposit of $25. Skilling requires $100.
Purple Trading is regulated by CySEC, FCA, while Skilling holds licences from CySEC, FSA.
Purple Trading supports MT4, MT5, cTrader. Skilling supports Skilling Trader, cTrader, MT4, Skilling App.
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.