✔️ Information reviewed and updated in April 2024 by Eduardo López
IS Purple Trading RELIABLE? OPINIONS
CONTENT
- 1 IS Purple Trading RELIABLE? OPINIONS
- 2 ℹ️ BROKER DATA:
- 3 📞 LIST OF PHONE NUMBERS:
- 4 💰 DEPOSITS AND ACCOUNTS:
- 5 🌐 WEBSITE – WEBSITE:
- 6 ⭐ OPINION OF Purple Trading:
- 7 💬 WHAT TO THINK OF A COMPANY LIKE Purple Trading?:
- 8 📣 LATEST UPDATES:
- 9 ✔️ CLAIM MONEY FROM Purple Trading:
- 10 🚨 REPORT Purple Trading:
- 11 ❓ FAQS – FREQUENTLY ASKED QUESTIONS:
In this post I will analyze Purple Trading. Is the forex, indices, commodities, stocks and futures broker Purple Trading (with website purple-trading.com) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.
I will explain to you why I think Purple Trading is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!
ℹ️ BROKER DATA:
Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.
Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.
| Information | About the company |
|---|---|
| (I.e. Company | LF Investment Limited |
| ???? Direction | Mentions being located in Seychelles |
| 📄 Registration | SD041 |
| 🛡️ Regulapain | Mentions being regulated by SFSA |
| ️ ️ Phone | [email protected] |
| +420228884711 – +420 228 881 245 – +357 25 030 444 – + (248) 4322050 | |
| 🌐 Website | purple-trading.com |
| ???? Live Chat | Yes |
| 💳 Payment methods | Credit card, cryptocurrencies, Visa and MasterCard |
| ❓ Company type | forex broker, indices, raw materials, stocks and futures |
📞 LIST OF PHONE NUMBERS:
+420228884711 – +420 228 881 245 – +357 25 030 444 – + (248) 4322050
💰 DEPOSITS AND ACCOUNTS:
Here is a small analysis of the types of plans/accounts that Purple Trading offers; They are divided into 2 plans/accounts. Here is a table with a little more information about minimum deposits by type of plan/account.
| TYPE OF plans/accounts | MINIMUM INITIAL DEPOSIT |
|---|---|
| Standard | $500 |
| RAW | $500 |
🌐 WEBSITE – WEBSITE:
Below you will see the company's website and a small analysis about the website:
- Age of the website: the domain “purple-trading.com” was registered on September 20, 2019. 🚩
- The website mentions which company it belongs to, but I have not been able to find “LF Investment Limited” in the company records. I think it may be a fake company. 🚩
- The company mentions being regulated in Seychelles, but I believe this information is false. They try to pass themselves off as a regulated company. 🚩
⭐ Purple Trading OPINION:
After having carried out an analysis of the company, I have come to the following conclusions:
1) The company mentions being located in Seychelles, but I think they are trying to mislead about their location. I recommend extreme caution.
2) The company mentions being regulated by a very unsafe regulator such as Seychelles.
3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “purple-trading.com” was registered on September 19, 2019. It is very recent.
4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.
“To be honest with you I would not invest in this type of company: it falsely mentions being regulated in Seychelles. He mentions belonging to a company LF Investment Limited which apparently is a fake company. I honestly cannot recommend a company of this type.”
💬 WHAT TO THINK OF A COMPANY LIKE Purple Trading?:
Purple Trading is an investment broker that raises questions about its reliability due to its location and regulation in Seychelles. While it mentions being regulated and registered in this country, Seychelles is not known for having strict financial regulations, raising concerns about protecting investor funds and proper oversight of the platform.
The choice of Seychelles as a location could be seen as a tactic to circumvent stricter regulations in stronger financial jurisdictions, which could increase risks for clients who rely on the platform. The lack of proper regulation and location in a tax haven raise questions about Purple Trading's transparency and security for its users.
In short, the location and regulation in Seychelles raises questions about the reliability of Purple Trading as an investment broker. Investors should be cautious when considering this platform and may opt for alternatives that operate under stricter financial regulations for greater security and protection of their funds.
📣 LATEST UPDATES:
At the moment there are no updates.
✔️ CLAIM MONEY FROM Purple Trading:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can recover your capital.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT Purple Trading:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
Purple Trading is an investment broker that offers services in the foreign exchange market (forex), as well as indices, commodities, stocks and futures.
In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.
Purple Trading is a company that I consider UNTRUSTABLE. It has characteristics that make it a very unsafe company: be very careful.
If you have lost your money or been scammed, I recommend you try the capital recovery service.
If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.
This company is not serious. They just keep your money, don't do it, listen to me.
Hello Archie, Purple Trading is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.
They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).
When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.
If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you
Greetings.