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Purple Trading -

Score

5.77 /10
Average

Purple Trading

Seychelles

5-10 years

Regulated in Seychelles

Retail Forex License

MT5 Full License

Global Business

Medium potential risk

Offshore Regulated

https://www.purple-trading.sc

Influence

D

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index3.92

Business Index6.88

Risk Management Index8.90

Software Index9.71

License Index3.92

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

AXSE Brokerage Ltd

Company Abbreviation

Purple Trading

Platform registered country and region

Seychelles

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2025-09-14
  • The Seychelles FSA regulation with license number: SD041 is an offshore regulation. Please be aware of the risk!

WikiFX Survey

Purple Trading

Seychelles

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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Purple Trading · Company summary
Purple Trading Review Summary
Registered On2021-01-11
Registered Country/RegionSeychelles
RegulationOffshore Regulated
Market InstrumentsForex, Precious Metals, Indices, and Commodities
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformMT4 and MT5 (Web, Windows, MAC, Android, and iOS)
Min Deposit$500
Customer SupportEN: +44 14 46 509 157
help@purple-trading.sc
Suite 3 Global Village, Jivans Complex, Mont Fleuri, Mahe, Seychelles

Purple Trading Information

Purple Trading Seychelles is an online broker headquartered in Seychelles, providing global traders with CFD (Contract for Difference) trading services for financial products such as forex, precious metals, indices, and crude oil. It supports mainstream trading platforms like cTrader and MetaTrader 4/5 (MT4/MT5), catering to traders with different experience levels.

Purple Trading Seychelles

Pros and Cons

Pros Cons
Spreads as low as 0.0 pipsOffshore regulation
Leverage up to 1:500High leverage risk
cTrader, MT4, and MT5 availableDeposit and withdrawal restrictions (credit cards unavailable for some users)
Negative balance protection

Is Purple Trading Legit?

The Seychelles Financial Services Authority (FSA) offshore regulates Purple Trading with the license number SD041.

FSA
FSA

What Can I Trade on Purple Trading?

Tradable InstrumentsSpecific InstrumentsSpread Level
ForexMajor Currency Pairs (e.g., EURUSD)As low as 0.0 pips
Precious MetalsGold (XAUUSD)0.0 pips
IndicesDAX Index0.7 pips
S&P 500 (SP)0.5 pips
CommoditiesCrude Oil (WTI)0.03 pips

Account Type

Account Type StandardRAW
Minimum deposit$500$500
Spread from1.0 pips0.0 pips
CommissionsZoreZore
Leverageup to 1:500up to 1:500
Minimum lot size0.010.01
Margin call level50 %50 %
Stop out level20 %20 %
Hedging | Scalping | EAsAllowedAllowed

Purple Trading Fees

For the Standard account, the spread for currency pairs starts at 1.0 pips, while the RAW account offers spreads as low as 0.0 pips. Commission is only charged for the RAW account, at $5 per side per trade (for example, a total of $10 for opening and closing a position).

Leverage

Trading InstrumentsMaximum Leverage Ratio
Forex (e.g., EURUSD)1:500
Gold/Indices1:100
Crude Oil1:20

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Web, Windows, MAC, Android, and iOSBeginners
MT5✔Web, Windows, MAC, Android, and iOSExperienced Traders
cTrader✔Web, Windows, MAC, Android, and iOSAll

Deposit and Withdrawal

MethodFeePlatform Processing Time
DepositSEPA Payment (EUR)Free1 business day; Bank Settlement Time: 1–2 business days
Credit Card (Visa/Mastercard)FreeInstant (1 business day for first deposit)
SticpayFreeInstant
International Wire TransferFree3–5 business days
WithdrawalCredit CardFree1 business day; Synchronized with bank processing: 3–10 business days
SticpayFree1 business day
Other MethodsFreeConsistent with the deposit process

Copy Trading

Traders can use the built-in copy trading function on the MT5 platform to automatically follow the strategies of experienced traders.

User Reviews

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User comment

6

Comments

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JaeelD
6-12months
Unable to withdraw more than what I've deposited. Over the years my investment has grown a decent bit, however, recently I've wanted to take some money out to fill up my lifetime ISA before the end of the tax year. I sold some stocks and tried to withdraw but discovered I can't withdraw above what I've invested? Asked the AI bot and it confirmed this. Is this true for anyone else? If this is true this seems really concerning which I have already taken some months trading already
Unable to withdraw more than what I've deposited. Over the years my investment has grown a decent bit, however, recently I've wanted to take some money out to fill up my lifetime ISA before the end of the tax year. I sold some stocks and tried to withdraw but discovered I can't withdraw above what I've invested? Asked the AI bot and it confirmed this. Is this true for anyone else? If this is true this seems really concerning which I have already taken some months trading already
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2025-09-08 01:24
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FX3060503694
0-3months
普段ではできないような金額でのトレードもでき、慣れたMT4やMT5が使用できるのでおすすめです
普段ではできないような金額でのトレードもでき、慣れたMT4やMT5が使用できるのでおすすめです
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2025-07-23 17:53
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