Purple Trading vs Spreadex 2026: Which Broker is Better?
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 vs Spreadex: Key Differences
Purple Trading
WinnerSpreadex
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Fees Comparison
Purple Trading
Spreadex
Regulation & Trust
Purple Trading holds licences from FCA, CySEC. Spreadex is regulated by FCA.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices, Commodities, Stocks markets.
Fees & Spreads
On spreads, Purple Trading is more competitive with EUR/USD spreads from 0.2 pips, compared to 0.6 pips at Spreadex.
Trading Platforms
Purple Trading supports MT4, MT5, cTrader. Spreadex offers Proprietary Web, Proprietary Mobile.
Minimum Deposit
Purple Trading requires a minimum deposit of $25, while Spreadex sets no minimum deposit. This makes Spreadex accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
Purple Trading
3.5/5
Choose Purple Trading if you want…
- Higher overall rating (3.5/5)
- Tighter spreads (from 0.2 pips)
- Higher leverage (up to 1:500)
- More regulatory licences (2)
Spreadex
3.4/5
Choose Spreadex if you want…
- 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 & Spreadex are available in
Frequently Asked Questions
1Is Purple Trading better than Spreadex?
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.
2Which has lower fees, Purple Trading or Spreadex?
Purple Trading offers spreads from 0.2 pips, while Spreadex starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Purple Trading vs Spreadex?
Purple Trading requires a minimum deposit of $25. Spreadex requires $0.
4Which broker is safer, Purple Trading or Spreadex?
Purple Trading is regulated by CySEC, FCA, while Spreadex holds licences from FCA.
5What trading platforms do Purple Trading and Spreadex support?
Purple Trading supports MT4, MT5, cTrader. Spreadex supports Proprietary Web, Proprietary Mobile.
6Can I use both Purple Trading and Spreadex?
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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