Arnold Joseph 
1-2 years
What is the maximum leverage available with Purple Trading?
Broker Issues
Platform
Account
Leverage
Instruments
06-20
United States
WikiFX
Reply
Purple Trading offers a maximum leverage of 1:30 for retail clients, which is standard for brokers regulated under CYSEC. As a retail trader, I find this leverage to be sufficient for my needs, as it helps to manage risk effectively. However, for professional clients, Purple Trading offers a higher leverage of up to 1:500, which can be appealing for more experienced traders looking to take on larger positions. Personally, I prefer to trade with lower leverage, as it helps to reduce risk and avoid overleveraging. But I can see how higher leverage would be useful for professional traders, especially those who engage in short-term trading or scalping.
Similar Questions
What account types are available with DeltaStock?
Tricia54 
07-17
What is the maximum leverage with Strifor?
Karoline Hardy 
07-07
What can I trade with FXCC?
Ahmed Harb 
07-06
Is automated trading via Expert Advisors (EAs) available on Ok Forex Markets’ platforms?
RichN 
08-17
Does RFB offer a demo account?
webgalaxy 
06-30