Brokers  /  PURPLE TRADING

PURPLE TRADING

Moderate risk
🇸🇨 Seychelles · 5-10 years · since 2021-02-24 · AXSE Brokerage Ltd
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41
Moderate risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • Registered in Seychelles (offshore, light oversight)
  • Withdrawal complaints in ~50% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing5535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints2412%
Offshore registration808%
Transparency (site/info/social)5310%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameAXSE Brokerage Ltd
Headquarters🇸🇨 Seychelles
Founded2021-02-24
Years operating5-10 years
Employees0
Official websitepurple-trading.sc
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods4 methods
Withdrawal methods4 methods
Instruments--
Registered address
Suite 4H, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSADerivatives Trading License (EP)SD041SeychellesOffshore Regulation

Account types · 2

AccountMax leverageMin. depositMin. spreadCommissionEA
RAW1:500$500from 0.0 $5 per side
Standard1:500$500from 1.0--

Review analysis AI

Across 4 recent Trustpilot reviews, 25% are 1–2 star. The single most common complaint is being unable to withdraw funds (2 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
United States2
Japan1
Australia1

Real user reviews

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About PURPLE TRADING

PURPLE TRADING is a forex and CFD broker based in Seychelles, with records dating to 2021-02-24. It reports oversight from FSA.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full PURPLE TRADING review