Markets in Turmoil - is this a potential for profit?

The beginning of 2020 has left a big scar on financial markets. The prices are currently on the same levels where we have seen them in 2008 and crude oil got to its lowest historical minimum since the Gulf wars in 1991. It’s obvious who to blame in this case, it’s the current coronavirus pandemic that caught the whole world unprepared and that is currently testing our ability to act as a one man, as a cohesive society.

However, similar to some people who react to the current state of events by panicking, so does the market react by its increase in volatility. Many traders and investors perceive this as a potential not only for buying but mostly for speculating. Because with brokerage companies (including Purple Trading) you can actually speculate on the market going both upwards or downwards. There are a few dozens of currency pairs, selection of stock indices (SP500, NASDAQ, DAX, etc.), as well as previously mentioned commodities like oil, at your disposal.

Why do we offer Express registration?


The variable in the case of volatile markets is time and that’s mostly due to the high pace with which the new potential opportunities for trading are constantly appearing. The ability to act in the fastest manner possible can be the aspect that differentiates traders who just made the trades of their lifetime from the ones who would rather not speak about it. In Purple Trading, we are aware of that and that¨s why our traders can count on the express registration process and the possibility to trade on the very same day.

Your capital is at risk.

Why trading with Purple Trading?

Express registration

Thanks to a precise set of internal processes, our back-office department is able to process increased amount of registrations. That means that any applications sent to us during working days and accompanied by valid documents needed for a successful opening of a trading account are processed on the very same day. Traders who will finish registration on Monday morning now have the opportunity to trade the American session of the same day.

Instant Deposits

After your trading account is opened, it’s time for depositing your financial funds. But deposits can, in some cases, take even several working days and trading opportunities are meanwhile slipping between your fingers. Purple Trading guarantees the processing of payment card payments (VISA, Mastercard) within a few minutes. On top of that, this method is completely free of charge and the minimum deposit amount is 20 €. You can learn more about our payment methods in this article.

Your capital is at risk.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.60 % of retail investors lose their capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.