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.

(c) Speed of Execution: The Company acts as an agent on the Client’s behalf. The Company does not execute the Client Order as a principal to principal against the Client, i.e. the Company is not the Execution Venue (as defined in Commission Directive 2006/73/EC implementing MiFID) for the execution of the Client’s orders. Therefore, the Company transmits Client Orders or arranges for their execution with the third party liquidity providers it is collaborating with.

When you engage in CFDs trading you are placing a trade in relation to movements of prices set by the Company. Prices quoted to you by the Company will include a spread, mark-up, or mark-down when compared to prices that the Company may receive or expect to receive if it were to cover transactions with you by a trade in the interbank market or with another counterparty.

The prices derive from the prices of the underlying assets/markets and come from the relevant liquidity provider. The Company has no control over movements in the underlying prices which may be volatile and unpredictable.