Purple Trading
Spreadex
VS
Higher Rated
Purple Trading
Capital at risk · T&Cs apply
Choosing between Purple Trading and Spreadex depends on your trading style, preferred markets, and budget. Purple Trading is headquartered in Limassol, Cyprus, while Spreadex operates from St Albans, UK. Spreadex 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
Spreadex
| Purple Trading | Spreadex | |
|---|---|---|
| BrokerRank Score | 3.5/5 ✓ | 3.4/5 |
| Min. Deposit | $25 | $0 ✓ |
| Spread from | 0.2 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | CySEC, FCA ✓ | FCA |
| Platforms | MT4, MT5, cTrader | Proprietary Web, Proprietary Mobile |
Purple Trading is the better choice overall, scoring 3.5/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Purple Trading offers lower spreads (0.2 pips).
See full side-by-side comparison belowPurple Trading
WinnerSpreadex
Purple Trading
Spreadex
Purple Trading holds licences from FCA, CySEC. Spreadex is regulated by FCA.
Both brokers offer access to Forex, Cfd, Indices, Commodities, Stocks markets.
On spreads, Purple Trading is more competitive with EUR/USD spreads from 0.2 pips, compared to 0.6 pips at Spreadex.
Purple Trading supports MT4, MT5, cTrader. Spreadex offers Proprietary Web, Proprietary Mobile.
Purple Trading requires a minimum deposit of $25, while Spreadex sets no minimum deposit. This makes Spreadex accessible to traders with any budget.
BrokerRank scores Purple Trading at 3.46/5 and Spreadex at 3.35/5, 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…
Spreadex
3.4/5
Choose Spreadex if you want…
Purple Trading scores higher overall on our independent rating system. Purple Trading holds a 3.5/5 rating vs Spreadex'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 Spreadex starts at 0.6 pips. Check the fees section above for a full breakdown.
Purple Trading requires a minimum deposit of $25. Spreadex requires $0.
Purple Trading is regulated by CySEC, FCA, while Spreadex holds licences from FCA.
Purple Trading supports MT4, MT5, cTrader. Spreadex supports Proprietary Web, Proprietary Mobile.
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.