Purple Trading
Trading 212
VS
Higher Rated
Trading 212
Capital at risk · T&Cs apply
In the competitive landscape of online brokerage, Purple Trading and Trading 212 present distinct offerings tailored to different trading preferences. Purple Trading, with a rating of 3.46/5, appeals to experienced traders seeking advanced platforms like MT4, MT5, and cTrader, alongside high leverage of up to 1:500. In contrast, Trading 212, rated 3.57/5, is ideal for beginners and investors interested in commission-free stock trading and fractional shares, featuring a user-friendly proprietary platform and a low minimum deposit of just £1. The key difference lies in their target audience: Purple Trading caters to traders focused on forex and ECN execution, while Trading 212 is more suited for stock investors and those new to the trading scene.
Purple Trading
Trading 212
| Purple Trading | Trading 212 | |
|---|---|---|
| BrokerRank Score | 3.5/5 | 3.6/5 ✓ |
| Min. Deposit | $25 | $1 ✓ |
| Spread from | 0.2 pips ✓ | 0.5 pips |
| Max Leverage | 1:500 ✓ | 1:30 |
| Regulation | CySEC, FCA | FCA, CySEC |
| Platforms | MT4, MT5, cTrader | Proprietary Web, Proprietary Mobile |
Trading 212 is the better choice overall, scoring 3.6/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Purple Trading offers lower spreads (0.2 pips).
See full side-by-side comparison belowPurple Trading
Trading 212
WinnerPurple Trading
Trading 212
Purple Trading
3.5/5
Choose Purple Trading if you want…
Trading 212
3.6/5
Choose Trading 212 if you want…
Trading 212 scores higher overall on our independent rating system. Purple Trading holds a 3.5/5 rating vs Trading 212'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 Trading 212 starts at 0.5 pips. Check the fees section above for a full breakdown.
Purple Trading requires a minimum deposit of $25. Trading 212 requires $1.
Purple Trading is regulated by CySEC, FCA, while Trading 212 holds licences from FCA, CySEC.
Purple Trading supports MT4, MT5, cTrader. Trading 212 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.
Only 26% of Brokers Are Truly Fee-Free
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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.