MultiBank Group vs PURPLE TRADING
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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Safety & Trust
Scam-risk scoreⓘ lower = safer
20
✓10
Verdict
Low risk
Low risk
Regulatedⓘ
Yes
Yes
Licenses
✓8
1
Tier-1 regulatorsⓘ
✓4
1
Trustpilot score
4.3
—
Reviews collected
1051
—
Exit riskⓘ lower = safer
Severe
—
Known clonesⓘ
6
✓1
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$50
—
Max leverage
1:500
—
Min spread (best acct)
from 0.8
✓from 0.3
Commission
—
$5
Cost grade
—
—
Account types
2
✓3
Best for
Suits
Regulation-savvy traders seeking multiple licences, Traders who prioritise low spreads and fast execution, Clients in Asia-Pacific with local language support
European retail traders seeking CySEC regulation, Traders who prefer MetaTrader 4 or MetaTrader 5, Clients looking for multi-asset CFD trading (forex, indices, stocks, commodities)
Not for
Traders sensitive to withdrawal delays or denials, Those relying on bonus promotions, Traders looking for transparent profit payout policies
Traders outside Europe who require offshore regulation, High-frequency scalpers needing ultra-low spreads without commission, US clients (not accepted due to regulatory restrictions)
Products & Funding
Instruments
Currency pairs (major, minor, and foreign currencies), precious metals, commodities, stocks, indices, cryptocurrencies
--
Deposit methods
—
MASTER, VISA
Withdrawal
—
MASTER, VISA
Execution
Speed
—
—
Slippage
—
—
Swap cost
—
—
Company
Founded
2017-09-08
2018-11-23
Headquarters
🇨🇾 Cyprus
🇨🇾 Cyprus
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.