Purple Trading
Weltrade
VS
Higher Rated
Purple Trading
Capital at risk · T&Cs apply
Choosing between Purple Trading and Weltrade depends on your trading style, preferred markets, and budget. Purple Trading is headquartered in Limassol, Cyprus. Weltrade has the longer track record, established in 2006, 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
Weltrade
Purple Trading is the better choice overall, scoring 3.5/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Weltrade offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Purple Trading
3.5 vs 3.2
Lowest Fees
Weltrade
0.2 vs 0 pips
Regulation
Purple Trading
2 vs 1 licences
Min. Deposit
Tied
$25 vs $25
Purple Trading
Weltrade
Purple Trading
Weltrade
Lower feesPurple Trading holds licences from FCA, CySEC. Weltrade is regulated by FSA.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Purple Trading additionally covers Stocks. Weltrade adds Crypto.
On spreads, Weltrade is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at Purple Trading.
Purple Trading supports MT4, MT5, cTrader. Weltrade offers MT4, MT5. Both brokers are available on MT4, MT5.
Purple Trading requires a minimum deposit of $25, while Weltrade sets a minimum deposit of $25. Both are suitable for traders with moderate starting capital.
BrokerRank scores Purple Trading at 3.46/5 and Weltrade at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Purple Trading leads overall with a clear advantage.
Purple Trading scores higher overall on our independent rating system. Purple Trading holds a 3.5/5 rating vs Weltrade's 3.2/5. 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 Weltrade starts at 0 pips. Check the fees section above for a full breakdown.
Purple Trading requires a minimum deposit of $25. Weltrade requires $25.
Purple Trading is regulated by CySEC, FCA, while Weltrade holds licences from FSA.
Purple Trading supports MT4, MT5, cTrader. Weltrade supports MT4, MT5.
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.