Purple Trading Account Types

Purple Trading offers a variety of account types tailored to different trading styles and preferences. The available accounts include:

• ECN Account:
• Spreads: From 0.3 pips.
• Commission: $5 to $10 per lot, depending on the trader's status.
• Suitable For: Intraday and scalping traders.
• STP Account:
• Spreads: From 1.3 pips.
• Commission: None; the cost is reflected in the spread.
• Suitable For: Position and swing traders.
• Managed Account:
• Provides access to various investment products, including ETF portfolios and dynamic investment strategies.
• Minimum investment starts at €100.
• Pro Account:
• Designed for professional traders with higher leverage options.
• Can be set up as either an ECN or STP account.

Each account type offers different trading conditions and is suited for various trading strategies. Clients can choose based on their experience level and trading goals.

Purple Trading Broker Account Opening Process

To open an account with Purple Trading, follow these steps:

• Complete the Registration Form:
• Fill out the online registration form available on the Purple Trading website.
• Submit Required Documents:
• Provide two valid official documents:
• A document proving identity (passport or ID card).
• A document confirming your residential address (utility bill or bank statement).
• Account Processing:
• Once the application and documents are submitted, Purple Trading will process your application within 1 working day.
• Receive Confirmation:
• You will receive an email confirming the opening of your new trading account, along with login details.
• Download the Trading Platform:
• Download either MetaTrader 4 or cTrader as per your preference.
• Log In and Start Trading:
• Use the provided login details to access your account and begin trading.

This streamlined process ensures that you can quickly start your trading journey with Purple Trading.

For more information, you can visit the Purple Trading website.