Tiger Brokers vs Purple Trading 2026: Which Broker is Better?
Choosing between Tiger Brokers and Purple Trading depends on your trading style, preferred markets, and budget. Tiger Brokers is headquartered in Singapore, while Purple Trading operates from Limassol, Cyprus. Tiger Brokers has the longer track record, established in 2014, 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.
Tiger Brokers
Purple Trading
| Tiger Brokers | Purple Trading | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.5/5 |
| Min. Deposit | $0 ✓ | $25 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:4 | 1:500 ✓ |
| Regulation | MAS, ASIC | CySEC, FCA |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, cTrader |
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 belowTiger Brokers vs Purple Trading: Key Differences
Tiger Brokers
WinnerPurple Trading
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Fees Comparison
Tiger Brokers
Lower feesPurple Trading
Regulation & Trust
Tiger Brokers holds licences from MAS, ASIC. Purple Trading is regulated by FCA, CySEC.
Markets & Assets
Both brokers offer access to Stocks, Indices, Cfd markets. Purple Trading adds Forex, Commodities.
Fees & Spreads
On spreads, Tiger Brokers is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at Purple Trading.
Trading Platforms
Tiger Brokers supports Proprietary Web, Proprietary Mobile. Purple Trading offers MT4, MT5, cTrader.
Minimum Deposit
Tiger Brokers requires no minimum deposit, while Purple Trading sets a minimum deposit of $25. This makes Tiger Brokers accessible to traders with any budget.
Overall Ratings
BrokerRank scores Tiger Brokers at 3.58/5 and Purple Trading at 3.46/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Tiger Brokers leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Tiger Brokers
3.6/5
Choose Tiger Brokers if you want…
- Higher overall rating (3.6/5)
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 2014)
Purple Trading
3.5/5
Choose Purple Trading if you want…
- Higher leverage (up to 1:500)
- More market types (6)
- More platforms (3 supported)
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 Tiger Brokers & Purple Trading are available in
Frequently Asked Questions
1Is Tiger Brokers better than Purple Trading?
Tiger Brokers scores higher overall on our independent rating system. Tiger Brokers holds a 3.6/5 rating vs Purple Trading's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Tiger Brokers or Purple Trading?
Tiger Brokers offers spreads from 0 pips, while Purple Trading starts at 0.2 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Tiger Brokers vs Purple Trading?
Tiger Brokers requires a minimum deposit of $0. Purple Trading requires $25.
4Which broker is safer, Tiger Brokers or Purple Trading?
Tiger Brokers is regulated by MAS, ASIC, while Purple Trading holds licences from CySEC, FCA.
5What trading platforms do Tiger Brokers and Purple Trading support?
Tiger Brokers supports Proprietary Web, Proprietary Mobile. Purple Trading supports MT4, MT5, cTrader.
6Can I use both Tiger Brokers and Purple Trading?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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