Conditions Account Types

Account Types

In Purple Trading, we offer several types of accounts depending on your approach to financial markets or your trading style. It doesn’t matter if you are a professional or leisure trader with scalping, intraday, or swing approach or even if you prefer investing over trading, at Purple Trading we’ve got you covered.

Open account

In Purple Trading, you can choose from these types of accounts:

ECN

Standard account for clients of Purple Trading. You will receive the standard ECN account automatically once you have opened a real account with us. It offers the lowest possible spreads directly from our liquidity providers and a modifiable commission per traded lot (see below). These qualities are what make the ECN account a common choice in the eyes of intraday and scalping traders.

STP

A secondary type of account in which you do not pay for the volume of trades executed, however, this is reflected on the spreads which are slightly widerthan in the ECN account. The STP account is potentially suitable for position/swing trading. Our clients can apply for an STP account via PurpleZone.

Investment account

This account serves as your link to the wide range of investment products that we offer to our clients. These include passive ETF portfolios, dynamic investment strategies created by professional traders, as well as their “mini” version which is more suitable for smaller investments because they can invest as little as 100 EUR. All these modern investment products can be found in your PurpleZone, depending on your investment questionnaire evaluation.

PRO Account

This account is proof that in Purple Trading, we welcome also professional traders. A professional account can be set up as an ECN or STP variant for those clients who meet the legislative conditions for obtaining the status of a professional client. Learn more about professional client status.

More about PRO

Account fees comparison table

* Commission varies according to trader's status (see table below).
** Depending on the preferred PRO account type, these values may correspond to the STP or ECN account values.
This table does not apply to trading CFD stocks and futures instruments as these have separate conditions for both spreads and commissions.
	STP	ECN	PRO
Commission	0	5-10 USD/lot*	Based on preference**
Spreads	From 1.3 pip	From 0.3 pip	Based on preference**
Trading approach	Swing	Intraday (scalping)	Based on preference**

In addition to account types, we also distinguish between types of trader statuses

Clients who take their trading seriously can achieve different trader status with us, which comes with lower spreads or commissions. If you identify as one of them, contact us for more information.


trader status	Standard	Prime	VIP
Commission (ECN account)	10 USD/lot	8 USD/lot	5 USD/lot
Spread discount (STP account)	0 pips	0.2 pips	0.5 pips

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What is the difference between STP and ECN account?

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STP account has no commission charged per trade, but there is a higher spread compared to the ECN account.
The spreads are lower for the ECN account - from 0.1 pip + fixed commission 10 USD / 1 round-turned-lot / trade. For lower trading volume, the commission is charged proportionately, e.g. 1 USD/0.1 lot/trade.

The first trading account that is automatically opened to a client is in ECN account type.
Commission and spread may be lower within our Trader Status loyalty program.

Types of accounts Fees comparison table Types of trader statuses