Deposits held in the EU banks and smart withdrawal options

Your convenience for deposits and withdrawals is very important to us. Purple Trading offers different banks you can choose from in order to make your deposits (we do not accept cash deposits). In both cases, you can select between EUR, USD, GBP and CZK deposit bank accounts.

Security of deposits and insurance against bankruptcy

Within our regulation across the whole European Union, we are approved to provide innovative forex broker services. We are registered with all the local regulators such as FCA, BaFin, ACPR, AFM, CONSOB, KNF and more. Each and every one of our clients is listed separately within our partner bank and thus his deposits are linked with his own name and are insured up to 100,000 EUR against bank’s bankruptcy. All of the deposited funds of traders and investors are furthermore segregated from the company funds, which secures the safety of your whole deposited amount. Our company is also part of the Investors Compensation Fund.

Deposits and Withdrawals via wire transfer

The cheapest and most common way of deposits is via wire transfer. We understand our clients and their urgency of having the money available as soon as possible. That is why we process the withdrawal and deposit requests during one work day. For 100% security of your funds, it is possible to withdraw your funds only to the bank account from which we received the deposit. Bank details are automatically imported into PurpleZone after a deposit so you can apply for withdrawal at any time with just a few clicks.

Your Capital is at Risk.

WIRE TRANSFER FEES

SEPA Transactions up to 50,000 EUR

Incoming Transfers: 3.70 EUR on avg.

Outgoing Transfers: 3.70 EUR on avg.

SEPA Transactions above 50,000 EUR

Incoming Transfers: 11.10 EUR on avg.

Outgoing Transfers: 11.10 EUR on avg.

Foreign Transactions (SHA,BEN)

Incoming Transfers: 11.10 EUR on avg.

Outgoing Transfers: 11.10 EUR on avg.

Deposits and Withdrawals via credit/debit cards

Besides the bank wire you can also use credit or debit cards for deposits (Visa, MasterCard®). The limits range from 15 to 5,000 USD/EUR/GBP.

When making a deposit by a card over the limit of 2,000 USD/EUR/GBP it is necessary to fill out a form as a confirmation of the deposit before we can add the funds to your trading account. This document can be found after a deposit in PurpleZone, where you can upload it immediately, or we will ask you to confirm it by e-mail as soon as possible.

It is necessary to upload a card scan to complete the deposit. Scan can be attached during the process of depositing your funds. The scan copy should show only the name, expiration date, the first six and last four digits on the front, and signature on the back. For clients’ reassurance, all other details should be concealed. From the moment your card is approved, all your deposits will be reflected to your account automatically. However, please pay a close attention to correctly fill out your full name as the cardholder when making a deposit.

Instructions on how to correctly make a deposit can be found in your client zone, the PurpleZone.

Deposits from Prepaid cards are not accepted.

FEES FOR CREDIT CARD DEPOSITS

For cards issued within EEA?: 1.59 % + 0.2 EUR/0.22 USD/5.4 CZK/0.19 GBP
For cards issued outside EEA?: 2.59 % + 0.2 EUR/0.22 USD/5.4 CZK/0.19 GBP
Your Capital is at Risk.