AXSE Brokerage Ltd

Purple Trading Seychelles is the trading name of AXSE Brokerage Ltd., a company registered in Seychelles. The official website is purple-trading.sc, and the firm operates as a Securities Dealer under the oversight of the Seychelles Financial Services Authority (FSA). The company's registration number is not published in our records, and the FSA register does not disclose licence numbers, so we cannot verify a specific licence reference.

Our review found that the broker positions itself as an elite forex and CFD provider, offering access to global markets through popular trading platforms. It is part of a broader Purple Trading brand, which also operates in other jurisdictions, but this entity is specifically the Seychelles-licensed arm.

AXSE Brokerage Ltd. is licensed by the Seychelles Financial Services Authority as a Securities Dealer. The FSA is the financial regulator for the Seychelles, an offshore jurisdiction known for lighter regulatory oversight compared to major financial centres like the UK or EU. This means client protections, such as compensation schemes, are limited.

We cross-checked the licence against the public register of the FSA, which lists the entity as licensed. However, the register does not publish licence numbers, so we cannot provide a specific reference. The broker's own terms and conditions mention a licence number, but we treat that as a claim rather than a verified fact.

Purple Trading Seychelles offers MetaTrader 4, MetaTrader 5, and cTrader, covering desktop, web, and mobile devices. These platforms provide access to forex, indices, commodities, and other CFD instruments. The broker also mentions support for TradingView and a proprietary platform in development.

According to its website, traders can use advanced charting tools, automated trading via Expert Advisors, and a range of technical indicators. The symbol list shows instruments such as the Australia 200 index, Brent crude oil, France 40, Germany 40, and Japan 225, with varying leverage and lot sizes.

The broker offers Raw and Standard account types, with spreads starting from 0.0 pips on raw accounts. Leverage is available up to 1:500, and the minimum lot size is 0.01. Negative balance protection is advertised, which is a risk management feature.

Accounts can be opened in multiple currencies, including USD, EUR, GBP, PLN, and CZK. The broker also provides demo accounts for practice. Specific minimum deposit requirements are not disclosed in our records, so we cannot confirm this figure.

Purple Trading Seychelles appears aimed at retail traders seeking high leverage and low spreads, particularly those comfortable with offshore regulation. The availability of multiple platforms and account currencies suggests a global client base.

However, the lack of verifiable independent reviews and the offshore regulatory status mean it may not suit risk-averse traders or those requiring strong investor protection. Traders should consider their own risk tolerance and experience level.