PT
Purple Trading
3.5 / 5Score: 4 / 5
Low-cost, low-barrier trading with tier-1 regulation and three major platform choices.
- Min deposit
- $25
- Max leverage
- 1:500
- Spread from
- 0.2 pips
- Regulators
- CySEC, FCA
Reviewed by Experts Updated 10/25/2026
Purple Trading vs Equiti: Which Broker Wins in 2026?
Purple Trading and Equiti both hold reputable tier-1 regulation, but they differ sharply on cost and accessibility. Our research gives Purple Trading the edge overall with tighter spreads and a far lower entry barrier for new traders.
E
Equiti
3.2 / 5Score: 1 / 5
A commission-free, established broker built for traders who value simplicity and regulatory reach into the MENA region.
- Min deposit
- $500
- Max leverage
- 1:500
- Spread from
- 0.5 pips
- Regulators
- FCA, FSRA
Overall Winner
Purple Trading
Best for Beginners
Purple Trading
Lowest Fees
Purple Trading
Top Regulation
Purple Trading
Side-by-side comparison
Core features compared head-to-head.
| Feature | PT Purple Trading | E Equiti |
|---|---|---|
| Overview | ||
| Rating | 3.5 / 5 | 3.2 / 5 |
| Founded | 2016 | 2014 |
| Headquarters | Limassol, Cyprus | Amman, Jordan |
| Regulation | CySEC, FCA | FCA, FSRA |
| Fees & Limits | ||
| Min Deposit | $25 | $500 |
| Spreads From | 0.2 pips | 0.5 pips |
| Commission | $3/lot | None |
| Max Leverage | 1:500 | 1:500 |
| Platforms & Markets | ||
| Trading Platforms | MT4, MT5, cTrader | MT4, MT5 |
| Markets Offered | Forex, Cfd, Indices, Commodities, Stocks, Crypto | Forex, Cfd, Stocks, Indices, Commodities, Crypto |
Trading & non-trading fees
Min Deposit
Purple Trading
$25
Equiti
$500
Spreads From
Purple Trading
0.2 pips
Equiti
0.5 pips
Commission
Purple Trading
$3/lot
Equiti
None
Deposit Fees
Purple Trading
None
Equiti
None
Withdrawal Fees
Purple Trading
None
Equiti
None
Pros & cons
PT
Purple Trading
Pros
- Highly competitive spreads starting from 0.2 pips
- Accessible $25 minimum deposit ideal for newer traders
- Three trading platforms including the popular cTrader
- Strong dual tier-1 regulation via CySEC and FCA
- Zero fees on deposits and withdrawals
- Broad market access spanning forex, stocks, crypto, and more
- Higher overall independent rating at 3.5/5
Cons
- Younger company founded in 2016 compared to some competitors
- Charges a per-lot commission unlike some commission-free rivals
- Headquartered in Cyprus, which some traders may weigh differently than UK-based firms
- Leverage of 1:500 may encourage excessive risk-taking for inexperienced traders
E
Equiti
Pros
- No per-trade commission charges
- Longer operating history since 2014
- Reputable FCA and FSRA dual regulation
- Wide market coverage including forex, stocks, and crypto
- No fees on deposits or withdrawals
Cons
- Higher minimum deposit requirement of $500
- Wider spreads starting from 0.5 pips
- Limited to only MT4 and MT5 platforms
- Lower overall independent rating at 3.2/5
- Less accessible for traders with smaller starting capital
Our expert verdict
Editor's verdict
Overall winner Purple Trading
Lowest fees Purple Trading
Best regulation Purple Trading
Better for beginners Purple Trading
Purple Trading is our recommended pick in this matchup, earning a 3.5/5 on our independent rating versus Equiti's 3.2/5. It wins on cost efficiency (0.2 pip spreads vs 0.5 pips), accessibility ($25 vs $500 minimum deposit), and platform variety (MT4, MT5, cTrader vs just MT4/MT5). Equiti remains a credible alternative for traders prioritizing its specific dealing environment or commission-free pricing model, but for most traders — especially beginners and cost-conscious scalpers — Purple Trading delivers the stronger all-around package.
Regulation & Safety
Both brokers operate under credible, tier-1 regulatory frameworks, which is reassuring for traders who prioritize fund security above all else. Purple Trading is regulated by CySEC and the FCA, two of the most respected financial watchdogs in the retail trading space. Equiti counters with FCA and FSRA oversight, giving it a strong regulatory footprint as well, particularly for traders in the Middle East region.
Neither broker has a clear regulatory advantage in terms of raw jurisdictional strength, as both hold at least one FCA license alongside a secondary respected regulator. The deciding factor here often comes down to personal preference regarding jurisdiction rather than a meaningful difference in safety. Traders based in Europe may lean toward Purple Trading's CySEC coverage, while those in MENA markets may find Equiti's FSRA license more relevant.
On our proprietary scoring system, this category is essentially a split decision, though Purple Trading's slightly broader European regulatory presence nudges it marginally ahead for most Western traders.
Fees & Spreads
This is where the comparison becomes decisive. Purple Trading advertises spreads from just 0.2 pips alongside a transparent $3 per lot commission structure, making it highly competitive for active traders and scalpers who trade in volume.
Equiti takes a different approach, offering commission-free trading but with wider spreads starting from 0.5 pips. For lower-frequency traders, this zero-commission model might appear simpler, but it typically results in a higher effective cost per trade once spread markup is factored in.
Neither broker charges deposit or withdrawal fees, which is a welcome similarity that keeps account funding and cash-out straightforward on both platforms. However, when you calculate total round-trip trading costs, Purple Trading's tighter raw spread plus modest commission generally works out cheaper for frequent traders, while Equiti may suit those who value fee simplicity over raw cost minimization.
Minimum Deposit & Accessibility
Accessibility is one of the starkest differentiators in this comparison. Purple Trading requires just $25 to open a live account, positioning it as an extremely approachable option for beginners, students, or anyone wanting to test strategies with minimal capital at risk.
Equiti, by contrast, sets its minimum deposit at $500 — a twenty-fold difference. While this is not unusual for brokers targeting more serious or well-capitalized clients, it does create a meaningful barrier to entry for newer traders or those wanting to start small.
For traders prioritizing low-commitment entry points, Purple Trading is the clear winner in this category by a wide margin.
Trading Platforms & Markets
Purple Trading supports three major platforms: MT4, MT5, and cTrader. The inclusion of cTrader is particularly notable, as it appeals to algorithmic traders and scalpers who favor its advanced order execution and charting tools over the standard MetaTrader suite.
Equiti sticks to the more traditional MT4 and MT5 combination, which remains perfectly capable for the vast majority of retail traders but offers less platform diversity for those seeking alternatives.
Market access is broadly comparable between the two brokers, with both offering forex, CFDs, indices, commodities, stocks, and crypto. Neither broker holds a decisive advantage in asset range, so platform choice becomes the more relevant differentiator here.
Company Background & Reputation
Equiti has been in operation since 2014, giving it a two-year tenure advantage over Purple Trading, which was founded in 2016. Equiti is headquartered in Amman, Jordan, while Purple Trading operates out of Limassol, Cyprus — a well-known hub for forex brokerages.
Longevity can be a reassuring signal of stability, and Equiti's slightly longer track record may appeal to traders who weight company history heavily in their decision-making. That said, both brokers have had sufficient time to establish regulatory compliance and operational maturity.
Overall reputation, as reflected in our independent scoring, still favors Purple Trading due to its stronger combination of cost structure and accessibility outweighing Equiti's modest edge in company age.
Our Verdict
When weighing all factors — regulation, fees, accessibility, and platform choice — Purple Trading emerges as the stronger overall broker for most trader profiles in 2026. Its combination of tight spreads, low entry deposit, and broader platform support makes it especially compelling for beginners and active traders alike.
Equiti is not a poor choice by any means; it remains a legitimately regulated broker with a simple fee model and a longer operating history. Traders who specifically value Equiti's commission-free pricing or are already comfortable within its ecosystem may still find it a worthwhile option.
For the majority of traders comparing these two head-to-head, however, Purple Trading's lower costs and lower barrier to entry make it the more well-rounded and practical choice.
Verdict summary
The bottom line — category winners and our final pick based on ratings.
Editor's verdict
Purple Trading wins overall
Purple Trading edges out Equiti overall based on our expert rating score.
PT
Highest Rated
Purple Trading
3.5 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.5/5).
Purple TradingBetter for beginners
Stronger onboarding and educational resources.
Purple TradingLower trading costs
More competitive spreads and baseline commissions.
Purple TradingStronger regulation
Higher trust based on tier-1 regulatory oversight.
Purple Trading
Frequently asked questions
Based on our independent research, Purple Trading scores higher overall with a 3.5/5 rating compared to Equiti's 3.2/5. Purple Trading's advantage comes primarily from tighter spreads, a lower minimum deposit, and broader platform support. Your ideal choice still depends on your personal trading priorities, so review the full comparison breakdown above.
Purple Trading offers spreads starting from 0.2 pips plus a $3 per lot commission, while Equiti offers commission-free trading but with wider spreads from 0.5 pips. For most active traders, Purple Trading's total cost structure tends to work out lower once spread and commission are combined.
Purple Trading requires a minimum deposit of just $25, making it far more accessible to beginners and smaller-capital traders. Equiti requires a significantly higher minimum deposit of $500, which may be better suited to more established traders.
Both brokers maintain credible tier-1 regulation. Purple Trading is regulated by CySEC and the FCA, while Equiti is regulated by the FCA and FSRA. Neither broker holds a decisive safety advantage, though your regional preference may influence which regulatory framework matters most to you.
Purple Trading supports MT4, MT5, and cTrader, giving traders an extra platform option popular among algorithmic and scalping traders. Equiti supports only MT4 and MT5, which remain solid choices but offer less platform variety.
Yes, nothing prevents you from maintaining accounts with both brokers simultaneously. Many traders choose to diversify across multiple brokers to access different platforms, pricing structures, or regulatory protections.
Purple Trading is generally the better fit for beginners thanks to its low $25 minimum deposit and tighter spreads, which reduce the financial barrier and trading costs during the learning phase. Equiti's higher $500 deposit requirement may feel less approachable for those just starting out.
No, both Purple Trading and Equiti charge no fees for deposits or withdrawals, making fund management straightforward regardless of which broker you choose.
Both brokers offer broad market access including forex, CFDs, indices, commodities, stocks, and cryptocurrencies. Market range is comparable between the two, so platform features and cost structure are more likely to be deciding factors.
Equiti was founded in 2014, two years before Purple Trading launched in 2016. While Equiti's longer track record may appeal to traders who value company tenure, Purple Trading has still built a strong reputation and higher overall rating in our research.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.