About PURPLE TRADING
Company Overview
Purple Trading is a Cyprus-based forex and CFD broker established on 23 November 2018. The trading name is owned by L.F. Investment Limited, a company incorporated in Cyprus with registration number 329493. Its registered address is 11, Louki Akrita, CY-4044 Limassol, Cyprus.
The broker operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC) with license number 271/15. This authorisation allows it to provide investment services across the European Economic Area under the MiFID II framework.
Regulation and Safety
Purple Trading is regulated by CySEC, a Tier-1 regulator within the EU. As a Cyprus Investment Firm, it must comply with strict capital adequacy requirements, client money segregation rules, and the Investor Compensation Fund (ICF) coverage up to €20,000 per client. The firm is also subject to negative balance protection for retail clients.
Our review cross-checked the license against the CySEC public register, confirming that L.F. Investment Limited indeed holds license 271/15. No regulatory sanctions or adverse actions were found. This places Purple Trading in the low-risk category for regulatory compliance.
Account Types
The broker offers three account tiers: STP, ECN, and PRO. The STP account is designed for standard trading with spreads starting from 1.3 pips, while the ECN account features raw spreads from 0.3 pips plus a commission. The PRO account is aimed at professional clients with higher leverage limits and tailored conditions.
Minimum deposit requirements are not publicly disclosed on the website. Leverage varies by account type and client classification: retail clients are capped at 1:30 under ESMA rules, while professional clients may access up to 1:500 depending on the instrument.
Trading Platforms and Instruments
Clients can trade using MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both available for desktop, mobile, and web. The broker also offers a proprietary web platform for live and demo accounts. A wide range of instruments is available, including forex, indices, commodities, stocks, and futures.
The broker's social media presence includes Facebook, Instagram, LinkedIn, and YouTube, providing educational content and market analysis.
Target Audience
Purple Trading primarily targets retail and professional traders in Europe who seek a regulated broker with access to multiple asset classes. The availability of both MT4 and MT5 makes it suitable for algorithmic traders and those using expert advisors. The broker's background, founded by Czech and Slovak enthusiasts, may appeal to traders in Central and Eastern Europe.
With a focus on fair trading conditions and transparent pricing, the broker aims to serve traders who value regulatory protection and a stable trading environment over high-leverage offshore options.
Overview compiled by FXCanary from regulatory records and public data. full PURPLE TRADING review