Purple Trading
Tier-1 regulated multi-platform trading with leverage up to 1:500 across six asset classes.
- Min deposit
- $25
- Max leverage
- 1:500
- Spread from
- 0.2 pips
- Regulators
- CySEC, FCA
Purple Trading and KGI Securities serve very different types of traders, one built around MT4/MT5/cTrader flexibility, the other around proprietary tools and legacy brokerage experience. Our research gives Purple Trading the edge overall, though KGI Securities fights back hard on fees and accessibility. Here's the full breakdown.
Tier-1 regulated multi-platform trading with leverage up to 1:500 across six asset classes.
Zero minimum deposit and razor-thin spreads from a brokerage with nearly four decades of market history.
Same category, top-tier regulation, and it's currently accepting new traders.
See What Makes It DifferentCore features compared head-to-head.
| Feature | PT Purple Trading | KS KGI Securities |
|---|---|---|
| Overview | ||
| Rating | 3.5 / 5 | 3.3 / 5 |
| Founded | 2016 | 1988 |
| Headquarters | Limassol, Cyprus | Taipei, Taiwan |
| Regulation | CySEC, FCA | FSC, MAS |
| Fees & Limits | ||
| Min Deposit | $25 | $0 |
| Spreads From | 0.2 pips | 0 pips |
| Commission | $3/lot | $0.08/lot |
| Max Leverage | 1:500 | 1:5 |
| Platforms & Markets | ||
| Trading Platforms | MT4, MT5, cTrader | Proprietary Web, Proprietary Mobile |
| Markets Offered | Forex, Cfd, Indices, Commodities, Stocks, Crypto | Stocks, Etf, Indices, Forex |
Purple Trading
$25
KGI Securities
$0
Purple Trading
0.2 pips
KGI Securities
0 pips
Purple Trading
$3/lot
KGI Securities
$0.08/lot
Purple Trading
None
KGI Securities
None
Purple Trading
None
KGI Securities
None
Purple Trading is our recommended pick in this comparison, scoring 3.5/5 on our rating system versus KGI Securities's 3.3/5. Both brokers carry credible regulatory backing, but Purple Trading's broader platform suite, higher leverage ceiling, and wider market access make it the stronger all-around choice for most traders. KGI Securities remains compelling for cost-conscious beginners thanks to its $0 minimum deposit and tighter headline spreads, but it falls short on platform variety and leverage flexibility.
Purple Trading operates under CySEC and FCA oversight, two of the most respected tier-1 regulatory bodies in the retail trading world. This dual licensing structure gives traders strong recourse in case of disputes and ensures segregated client funds along with adherence to strict capital adequacy rules.
KGI Securities, in contrast, is regulated by the FSC and MAS. While MAS (Singapore) is a well-regarded regulator in the Asia-Pacific region, the overall regulatory weight leans slightly in favor of Purple Trading's European framework for traders prioritizing EU-style investor protections.
Both brokers avoid offshore-only licensing, which is a positive sign of legitimacy. However, our research specifically awards Purple Trading the edge for regulation given the FCA's reputation for rigorous enforcement and compensation scheme backing.
This is where KGI Securities genuinely shines. With spreads advertised from 0 pips and a commission structure as low as $0.08/lot, it's built for traders who prioritize raw transaction cost above all else.
Purple Trading counters with spreads from 0.2 pips and a flat $3/lot commission, which is still competitive but noticeably higher than KGI Securities on paper. Neither broker charges deposit or withdrawal fees, which is a welcome consistency across both platforms.
That said, headline spread figures don't tell the whole story. Purple Trading's pricing is bundled with broader market access and advanced charting tools, which may justify the marginally higher cost for active multi-asset traders.
KGI Securities requires no minimum deposit at all, making it exceptionally accessible to beginners or traders testing strategies with minimal capital at risk. This $0 barrier to entry is a genuine competitive advantage.
Purple Trading requires a modest $25 minimum deposit, which remains low by industry standards but is still a tangible hurdle compared to KGI Securities's zero-dollar entry point.
For traders with very limited starting capital, KGI Securities is the more welcoming option, a factor reflected directly in our 'Best for Beginners' award.
Purple Trading supports MT4, MT5, and cTrader, three of the most trusted and widely adopted platforms in retail trading. This gives traders flexibility in choosing automated trading, advanced charting, or algorithmic strategy tools depending on their preference.
KGI Securities relies on proprietary web and mobile platforms only. While these can be perfectly functional for straightforward stock and index trading, they lack the deep ecosystem of expert advisors, custom indicators, and third-party integrations that MT4/MT5/cTrader users enjoy.
For traders who value platform choice, automation capability, or familiarity with industry-standard software, Purple Trading is the clear winner in this category.
Purple Trading offers leverage up to 1:500, giving experienced traders significant capital efficiency when trading forex and CFDs. It also supports six distinct market categories: forex, CFDs, indices, commodities, stocks, and crypto.
KGI Securities caps leverage at a much more conservative 1:5, reflecting its focus on traditional stock and ETF brokerage rather than leveraged derivatives trading. Its market range covers stocks, ETFs, indices, and forex, which is narrower than Purple Trading's offering.
Traders seeking aggressive leverage and diversified asset exposure will gravitate toward Purple Trading, while conservative, long-term equity investors may find KGI Securities's lower leverage reassuring rather than limiting.
Purple Trading earns our recommendation as the stronger all-around broker, scoring 3.5/5 compared to KGI Securities's 3.3/5. Its combination of tier-1 regulation, flexible platform support, higher leverage, and broader market access makes it suitable for a wider range of trading styles.
KGI Securities, however, is far from a weak contender. Its $0 minimum deposit and ultra-tight spreads make it a genuinely excellent choice for beginners or cost-sensitive traders, especially those focused primarily on stocks and ETFs rather than leveraged forex trading.
Ultimately, the right choice depends on your priorities: choose Purple Trading for platform versatility and leverage, or KGI Securities for low-cost, low-barrier entry into the markets.
The bottom line — category winners and our final pick based on ratings.
Purple Trading edges out KGI Securities overall based on our expert rating score.
Highest Rated
Purple Trading
3.5 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.5/5).
Better for beginners
Stronger onboarding and educational resources.
Lower trading costs
More competitive spreads and baseline commissions.
Stronger regulation
Higher trust based on tier-1 regulatory oversight.
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.
Our #1 Pick Right Now: AvaTrade
Same category, top-tier regulation, and it's currently accepting new traders.