Company Information

Get to know Purple

Founded in 2016, Purple Trading is a brand name for a group of brokerage entities that aim to provide fair, transparent, and high-quality trading conditions. The company operates on a Straight Through Processing (STP) and Electronic Communication Network (ECN) model, ensuring no conflict of interest with its clients. They offer access to a wide range of financial instruments, including Forex, indices, commodities, and share CFDs, through popular trading platforms like MetaTrader 4 and cTrader. The European branch is operated by L.F. Investment Limited, a Cyprus Investment Firm regulated by CySEC, while services for international clients are provided through other entities.

Industry

Forex Retail BrokerPRIMARY
Financial Banking
Financial Other Service

Software

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Contact

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Purple

N/A

Founded in

May 2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.