BDSwiss
Purple Trading
BDSwiss vs Purple Trading
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
BDSwiss and Purple Trading are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. BDSwiss, founded in 2012 and headquartered in Limassol, Cyprus, is regulated by CySEC, FSA and offers spreads starting from 1.1 pips with a minimum deposit of $10. Purple Trading, established in 2016 in Limassol, Cyprus, holds licenses from CySEC, CNB with spreads from 0.0 pips and a $500 minimum deposit. In our hands-on testing across 8 scoring categories, BDSwiss scored 7.6/10 overall compared to Purple Trading's 7.6/10, making it the stronger pick for most traders. That said, Purple Trading holds its own with lower trading costs and stronger regulation, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
BDSwiss scores 7.6/10 overall vs 7.6/10 for Purple Trading — a 0.0-point difference.
- 💵
BDSwiss requires just $10 to start, while Purple Trading needs $500 — BDSwiss is 50x more accessible.
- 🖥️
BDSwiss runs on MT4, MT5, BDSwiss App, while Purple Trading uses MT4, MT5, Purple Trading App — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Trading Costs: Purple Trading scores 8.0 vs 7.0 for BDSwiss — a 1.0-point difference.
Our Verdict
BDSwiss
Score: 7.6/10 · Wins 2 categories- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
- You prefer a low minimum deposit ($10)
Purple Trading
Score: 7.6/10 · Wins 3 categories- You want lower spreads and trading fees
- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
BDSwiss takes the lead with an overall score of 7.6/10 compared to 7.6/10, winning in 2 out of 8 scoring categories. BDSwiss stands out for better customer support and smoother deposits & withdrawals, while Purple Trading fights back with lower trading costs and stronger regulation.
Detailed Verdict
After testing both brokers with real accounts, BDSwiss comes out ahead with a 7.6/10 overall rating, winning 2 out of 8 categories. Its strongest area is Customer Service where it scores 8.0/10. BDSwiss holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Purple Trading is not without merit — it scores 7.6/10 overall and excels in Regulation & Trust (8.5/10), winning 3 categories. Traders who value lower trading costs or stronger regulation may find Purple Trading the better fit. For a complete breakdown, read our full BDSwiss review and Purple Trading review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Purple Trading wins by 1.0 points
Purple Trading wins by 1.0 points
Purple Trading wins by 0.5 points
BDSwiss wins by 0.5 points
BDSwiss wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.6/10 ✓ | 7.6/10 ✓ |
| Min Deposit Lower is better | $10 ✓ | $500 |
| Max Leverage | 1:500 | 1:30 |
| Spreads From | 1.1 pips | 0.0 pips |
| Platforms | MT4, MT5, BDSwiss App | MT4, MT5, Purple Trading App |
| Regulation | CySEC, FSA | CySEC, CNB |
| Founded Older track record highlighted | 2012 ✓ | 2016 |
| Markets | 250+ ✓ | 250+ ✓ |
Fees & Costs
When it comes to trading costs, Purple Trading has the edge with a score of 8/10 versus 7/10 for BDSwiss. BDSwiss offers spreads starting from 1.1 pips, while Purple Trading starts from 0.0 pips. The minimum deposit at BDSwiss is $10, compared to $500 at Purple Trading. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
BDSwiss scores 7.5/10 for platforms compared to 7.5/10 for Purple Trading. BDSwiss provides MT4, MT5, BDSwiss App, while Purple Trading offers MT4, MT5, Purple Trading App. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. BDSwiss is regulated by CySEC, FSA (Tier 1), while Purple Trading holds licenses from CySEC, CNB (Tier 1). BDSwiss scores 7.5/10 and Purple Trading scores 8.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, Purple Trading leads with 7.5/10 compared to 7/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. BDSwiss and Purple Trading both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
BDSwiss offers 24/5 Live Chat, Email, Phone and scores 8/10, while Purple Trading provides 24/5 Live Chat, Email, Phone with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
BDSwiss scores 8/10 for deposits and withdrawals, while Purple Trading scores 7.5/10. BDSwiss accepts Bank Transfer, Credit Card, Skrill, Neteller, and Purple Trading supports Bank Transfer, Credit Card, Debit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. BDSwiss requires a minimum deposit of $10 versus $500 for Purple Trading. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose BDSwiss if you...
- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
- You prefer a low minimum deposit ($10)
Choose Purple Trading if you...
- You want lower spreads and trading fees
- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is BDSwiss better than Purple Trading?
BDSwiss scores higher overall (7.6/10 vs 7.6/10), winning 2 of 8 categories. However, Purple Trading is stronger in lower trading costs and stronger regulation. The best choice depends on what matters most to your trading style.
Which has lower fees, BDSwiss or Purple Trading?
Purple Trading scores higher for trading costs. BDSwiss offers spreads from 1.1 pips with a $10 minimum deposit, while Purple Trading starts from 0.0 pips with $500 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is BDSwiss safe to trade with?
BDSwiss is regulated by CySEC, FSA and scores 7.5/10 for regulation. Purple Trading is regulated by CySEC, CNB with a score of 8.5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, BDSwiss or Purple Trading?
BDSwiss scores 7.5/10 for platforms. BDSwiss offers MT4, MT5, BDSwiss App, while Purple Trading provides MT4, MT5, Purple Trading App. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for BDSwiss vs Purple Trading?
BDSwiss requires a minimum deposit of $10, while Purple Trading requires $500. BDSwiss has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.