Tiger Brokers
Purple Trading
VS
Higher Rated
Tiger Brokers
Capital at risk · T&Cs apply
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
WinnerPurple Trading
Tiger Brokers
Lower feesPurple Trading
Tiger Brokers holds licences from MAS, ASIC. Purple Trading is regulated by FCA, CySEC.
Both brokers offer access to Stocks, Indices, Cfd markets. Purple Trading adds Forex, Commodities.
On spreads, Tiger Brokers is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at Purple Trading.
Tiger Brokers supports Proprietary Web, Proprietary Mobile. Purple Trading offers MT4, MT5, cTrader.
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.
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.
Tiger Brokers
3.6/5
Choose Tiger Brokers if you want…
Purple Trading
3.5/5
Choose Purple Trading if you want…
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.
Tiger Brokers offers spreads from 0 pips, while Purple Trading starts at 0.2 pips. Check the fees section above for a full breakdown.
Tiger Brokers requires a minimum deposit of $0. Purple Trading requires $25.
Tiger Brokers is regulated by MAS, ASIC, while Purple Trading holds licences from CySEC, FCA.
Tiger Brokers supports Proprietary Web, Proprietary Mobile. Purple Trading supports MT4, MT5, cTrader.
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.