Purple Trading
Tiger Brokers
VS
Higher Rated
Tiger Brokers
Capital at risk · T&Cs apply
In the broker comparison between Purple Trading and Tiger Brokers, the key difference lies in their market focus and platform offerings. Purple Trading, with its comprehensive suite of platforms including MT4, MT5, and cTrader, appeals to forex and CFD traders who value ECN execution and a low minimum deposit, although it offers fewer instruments than top competitors. Conversely, Tiger Brokers targets stock traders, particularly in the Asia-Pacific region, with its proprietary platforms and access to major markets like the US, Hong Kong, Singapore, and Australia, offering fractional shares and low commissions. While Purple Trading is suited for traders seeking high leverage and diverse trading platforms, Tiger Brokers is ideal for those focused on stock trading within the Asia-Pacific markets, albeit with limited forex and CFD options.
Purple Trading
Tiger Brokers
| Purple Trading | Tiger Brokers | |
|---|---|---|
| BrokerRank Score | 3.5/5 | 3.6/5 ✓ |
| Min. Deposit | $25 | $0 ✓ |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:4 |
| Regulation | CySEC, FCA | MAS, ASIC |
| Platforms | MT4, MT5, cTrader | Proprietary Web, Proprietary Mobile |
Tiger Brokers is the better choice overall, scoring 3.6/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Tiger Brokers offers lower spreads (0 pips).
See full side-by-side comparison belowPurple Trading
Tiger Brokers
WinnerPurple Trading
Tiger Brokers
Lower fees
Purple Trading
3.5/5
Choose Purple Trading if you want…
Tiger Brokers
3.6/5
Choose Tiger Brokers if you want…
Tiger Brokers scores higher overall on our independent rating system. Purple Trading holds a 3.5/5 rating vs Tiger Brokers's 3.6/5. 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 Tiger Brokers starts at 0 pips. Check the fees section above for a full breakdown.
Purple Trading requires a minimum deposit of $25. Tiger Brokers requires $0.
Purple Trading is regulated by CySEC, FCA, while Tiger Brokers holds licences from MAS, ASIC.
Purple Trading supports MT4, MT5, cTrader. Tiger Brokers 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.