Accounts and eligibility
Sections ↑This profile centres on the EEA retail offer of L.F. Investment Limited in Cyprus. Choose an ECN or STP pricing model, then consider any fee-status upgrade. Professional classification, managed investing and the Seychelles website use separate conditions.[23][34]
Reference table01
Choose the CFD account
| Attribute | ECN | STP |
|---|---|---|
| How obtained | Default account after live registration | Request in PurpleZoneSource 1 |
| Spread headline | From 0.3 pip | From 1.3 pipsSource 2 |
| Standard-status FX commission | USD 10 per round-turn lot | No volume commissionSource 1 |
| Higher fee statuses | Prime: USD 8/lot; VIP: USD 5/lot | Prime: 0.2-pip spread reduction; VIP: 0.5 pipSource 2 |
| Account currencies | EUR, USD, CZK, GBP, PLN | EUR, USD, CZK, GBP, PLNSource 3 |
Process02
Opening essentials
| Item | What the applicant needs |
|---|---|
| Residency and age | The Cyprus website accepts the EEA subject to approval, excludes Belgium, and requires age 18 or the applicable legal age. Switzerland and the USA are expressly excluded.Source 23 |
| Identity | A valid colour passport or two-sided ID, showing the complete document edges.Source 4 |
| Address | Utility bill or bank evidence with name, actual residential address and date within six months; screenshots are not accepted.Source 4 |
| Application timing | The help page targets one working day after receiving a complete application and correct documents.Source 4 |
| Investment permissions | Managed strategies and ETF portfolios depend on questionnaire suitability; these are not automatically activated on every CFD account.Source 1Source 21 |
| Account-opening charge | The January 2026 fee document lists no account-opening fee.Source 25 |
At a glance03
Professional status is a separate decision
| Requirement or change | Detail |
|---|---|
| Eligibility test | Meet at least two of three criteria: relevant trading frequency, portfolio size and financial-sector experience; evidence is required.Source 12 |
| Trading experience | Average ten significant transactions per quarter over the previous four quarters, in the relevant market.Source 12 |
| Portfolio / work criteria | Financial-instrument portfolio above EUR 500,000; or at least one year in a relevant financial-sector role.Source 12 |
| FX leverage | Published balance tiers: up to EUR 10,000 at 1:500; up to EUR 100,000 at 1:200; EUR 100,000 and higher at 1:100. Confirm overlapping boundary treatment.Source 12 |
| Protection trade-off | The terms’ mandatory negative-balance correction is expressly for retail clients; do not assume all retail protections carry into professional status.Source 24 |
Products and market access
Sections ↑Availability04
What can be traded or invested in
| Market | Offer and ownership |
|---|---|
| Forex | More than 60 currency pairs as cash-settled CFDs, including core majors and regional crosses. Underlying currencies are not delivered.Source 6Source 31 |
| Metals and energy | Gold, silver, platinum, palladium and oil CFDs; instrument-specific sessions and margin apply.Source 7 |
| Indices | CFDs referencing major stock indices; dividend adjustments and overnight financing can affect returns.Source 8 |
| Shares | More than 100 share CFDs; this is price exposure rather than ownership or voting rights.Source 9Source 24 |
| ETF portfolios | A separate managed investment service holding securities through custody arrangements, with portfolio-specific allocations and costs.Source 21Source 27 |
| Crypto CFDs | The retail leverage page lists BTC, ETH, LTC and BCH contracts at 1:1.Source 11 |
Specifications05
Retail exposure limits
| Reference | Maximum leverage | Sizing reference |
|---|---|---|
| EUR/USD | 1:30 | One FX lot = 100,000 EURSource 11 |
| USD/JPY | 1:30 | One FX lot = 100,000 USDSource 11 |
| GBP/USD | 1:30 | One FX lot = 100,000 GBPSource 11 |
| Gold | 1:20 | Use the actual metal contract size in the platformSource 11 |
| WTI and Brent oil | 1:10 | Instrument-specific CFD unitsSource 11 |
| Share CFDs | 1:5 | Check the individual share’s marginSource 9 |
| FX minimum order | 0.01 lot | 1,000 base-currency unitsSource 3 |
Spreads, commissions and account costs
Sections ↑Pricing & charges06
Core published spread references
| Instrument | ECN average shown | STP Standard average shown |
|---|---|---|
| EUR/USD | 0.00006 in price = 0.6 pip | 0.00017 = 1.7 pipsSource 10 |
| USD/JPY | 0.006 in price = 0.6 pip | 0.017 = 1.7 pipsSource 10 |
| GBP/USD | 0.00007 in price = 0.7 pip | 0.00017 = 1.7 pipsSource 10 |
| Gold — XAUUSD | 0.54 in USD quote-price units | 0.64 in USD quote-price unitsSource 10 |
| WTI — USOIL | 0.049 in USD quote-price units | 0.059 in USD quote-price unitsSource 10 |
Pricing & charges07
Commission and financing details
| Charge | Scope |
|---|---|
| FX Standard ECN example | USD 10 for one round-turn standard lot; the account explanation gives USD 1 for a 0.1-lot round turn.Source 1 |
| Price-status upgrades | Standard, Prime and VIP change charges; the public page asks clients to request an upgrade and does not give a universal qualifying deposit threshold.Source 2 |
| Product-specific ECN commissions | The January 2026 schedule lists Standard-status USD 0.40 per lot for GER40, USD 2 for US30 and USD 0.20 for US500. These differ from its USD 10 FX/metals/energy column.Source 25 |
| Ordinary overnight holding | Swaps depend on direction and symbol. Forex and precious metals normally receive the three-day adjustment at Wednesday–Thursday midnight; other symbols at Friday–Saturday midnight.Source 11 |
| Dividends | CFD accounts receive a cash adjustment based on direction, size and relevant taxes; owning a share CFD does not confer shareholder rights.Source 25 |
| Internal currency transfer | Same-currency internal transfers are free. Cross-currency transfers use a market spot rate plus a fee up to 1%, with the result shown before confirmation.Source 5 |
Pricing & charges08
EUR/USD: a like-for-like Standard-status cost illustration
| Component — one 100,000-EUR lot, USD account | ECN Standard status | STP Standard status |
|---|---|---|
| Company-displayed average spread | 0.6 pip × USD 10 = USD 6 | 1.7 pips × USD 10 = USD 17Source 1Source 10Source 11 |
| Round-turn FX commission | USD 10 | USD 0Source 1Source 10Source 11 |
| Spread plus round-turn commission | USD 16 | USD 17Source 1Source 10Source 11 |
The illustrated difference is USD 1 per full-lot round turn at Standard status. A different realised spread or a Prime/VIP price status can change the comparison; the ECN label alone does not establish the cheaper account.[1][10][11]
Pricing & charges09
Dormancy and closure are different
| Event | Treatment |
|---|---|
| Dormant trigger | All trading accounts inactive for six months, or failure to provide updated identification/address evidence after requests.Source 24 |
| Quarterly fee | USD 15, EUR 15, GBP 15 or CZK 350; the fee is capped at the remaining free balance. A zero free balance incurs no charge and can lead to closure.Source 24 |
| Dormant access | Trading is disabled until reactivation is requested; withdrawing remaining funds is an alternative. The help page states that the first charge occurs on dormant classification.Source 5 |
| Voluntary deactivation | Email support from the registered address. Balance must be zero; processing can take up to five working days.Source 4 |
Platforms, execution and trading sessions
Sections ↑Platforms & products10
Platform choices
| Platform | Account use and tools |
|---|---|
| MetaTrader 4 | Desktop, mobile and web access, EAs and familiar chart/order tools; account-specific server and symbol naming matter.Source 14 |
| MetaTrader 5 | Windows, Mac, Android, iOS and web terminals; MQL5 automation, backtesting, hedging and economic-calendar tools.Source 15 |
| cTrader | Manual and automated trading, with C#/.NET-based development and backtesting tools.Source 16 |
| TradingView | Connect an eligible cTrader ECN account using the PurpleZone connection route and a TradingView login. It is not a separate custody account.Source 17 |
| PurpleZone | Client administration for deposits, withdrawals, internal transfers, account creation and managed-investment requests.Source 5 |
Specifications11
Execution and margin controls
| Control | What to expect |
|---|---|
| Execution model | The April 2025 policy describes agency transmission to liquidity providers, rather than the firm acting as the execution venue.Source 28 |
| Market and pending orders | Market, limit and stop orders are offered; the policy also lists stop-limit orders for cTrader. Slippage can occur when a trigger is reached.Source 28 |
| Strategies | The broker permits scalping, EAs/algo trading and hedging. Infrastructure and fill-quality claims are company descriptions, not an independent execution test.Source 18 |
| Margin warning / stop-out | Published levels are 100% and 50% respectively. Stop-out depends on account equity relative to required margin, not half of the cash deposit.Source 3Source 24 |
| Margin changes | Terms ordinarily require two business days’ notice for changed margin and permit application to existing positions; force-majeure changes can be immediate.Source 24 |
| MT4 symbols | Use the symbols enabled for the account’s pricing group; STP instruments carry the _stp suffix in the help instructions.Source 4 |
Trading & service hours12
Rollover interruption and session limits
| Situation | Operational effect |
|---|---|
| MT4 / cTrader daily interruption | The registration guide states 23:59–00:05:59 server time for non-crypto symbols; trading resumes at 00:06. New/amended positions and triggered instructions are unavailable during this interval.Source 4 |
| Market-specific hours | FX, commodities and shares have different trading sessions; check the platform symbol and current holiday notices.Source 6Source 7Source 9 |
| Price protection | Stop and take-profit orders are subject to executable prices and liquidity; a requested level is not a guaranteed fill during a gap.Source 28 |
Deposits, withdrawals and payment charges
Sections ↑Process13
Deposit routes
| Method | Broker fee | Broker and bank timing |
|---|---|---|
| Visa / Mastercard | Free | Instant, then provider minutes; a first card may need one business day for approvalSource 13 |
| CZK / PLN domestic bank | Free | Broker one business day plus bank 1–2 business daysSource 13 |
| EUR SEPA | Free | Broker one business day plus bank 1–2 business daysSource 13 |
| Other international transfer | 0.5%; minimum EUR 5, maximum EUR 100 | Broker one business day plus bank 3–5 business daysSource 13 |
Process14
Withdrawal routes
| Method | Broker fee | After the broker’s processing |
|---|---|---|
| Card return | Free | Broker one business day; bank 2–14 business daysSource 13 |
| CZK / PLN domestic or EUR SEPA | Free | Broker one business day; bank 1–2 business daysSource 13 |
| Other international transfer | 0.5%; minimum EUR 5, maximum EUR 100 | Broker one business day; bank 3–5 business daysSource 13 |
Process15
Payment rules to plan around
| Rule | Practical effect |
|---|---|
| Card limits | The funding page caps all cards together at EUR 60,000 per client over its stated 30-day/monthly period; withdrawals return no more than deposited by card.Source 13 |
| Funding ownership | The agreement requires client-name deposits and restricts third-party payments; use the approved method shown for the account.Source 24 |
| Own-account transfers | PurpleZone does not permit transfers to another person’s trading account.Source 5 |
| Managed-investment cash | A bank withdrawal cannot bypass a strategy or ETF exit. Wait for positions to close and the managed balance to become available.Source 26Source 27 |
Regulation and client protection
Sections ↑Protections & eligibility16
Protection under the Cyprus contract
| Area | Scope and limits |
|---|---|
| CySEC authorization | L.F. Investment Limited appears in the current licensed-firm list under 271/15, company 329493.Source 32 |
| Segregated client funds | Client money is held apart from operational money in EU-regulated banks. Segregation does not protect against trading losses.Source 19 |
| Retail negative balance | The client terms require a correction to zero if a retail client’s trading loss exceeds available funds.Source 24 |
| Investor compensation | For eligible claims, the ICF policy limits compensation to the lower of 90% of the covered claim or EUR 20,000, aggregated across accounts. Eligibility and exclusions apply.Source 29 |
| What compensation covers | The fund concerns an inability to return covered client assets/claims, not ordinary market losses or a guarantee of investment returns.Source 29 |
| Regulatory history | CySEC announced a paid EUR 150,000 settlement on 23 June 2025 for possible breaches concerning July 2021–1 October 2023, including conflicts, client information, tied agents and retail CFD restrictions.Source 33 |
| Seychelles boundary | AXSE Brokerage’s separate .sc offer is outside the EU framework and expressly has no investor-compensation scheme. Cyprus protections do not follow the brand worldwide.Source 34Source 35 |
Support, emergency orders and complaints
Sections ↑Process17
Contact and escalation
| Need | Official route |
|---|---|
| Existing clients | [email protected]; +420 228 884 711 or +357 25 123 977. Normal published hours: Monday–Friday, 08:00–16:00 CET.Source 20 |
| Emergency telephone | +420 228 881 245 is specifically labelled Emergency. Confirm the account and execution status when requesting help.Source 20 |
| Non-platform instructions | The execution policy permits telephone, fax or email instructions to the brokerage department during working hours, subject to acceptance; delivery alone does not confirm execution.Source 28 |
| New enquiries | [email protected].Source 20 |
| Formal complaint | [email protected]; identify the account, events and any claimed financial loss, retaining supporting records.Source 30 |
| Complaint timetable | Initial resolution efforts: five working days; if unresolved, initial response at four weeks and target resolution within eight weeks.Source 30 |
| External escalation | The policy permits referral to the Cyprus Financial Ombudsman after an unsatisfactory final response or after eight weeks without one. Eligibility requirements still apply.Source 30Source 31 |
Managed strategies and ETF portfolios
Sections ↑Process18
Managed CFD strategies
| Feature | How it affects the investor |
|---|---|
| Service access | Managed and mini-strategy offers appear according to questionnaire permissions; the account page advertises mini-strategy investing from EUR 100.Source 1 |
| Fee layers | Spreads, execution commissions and swaps can combine with a strategy’s entry, management and performance fees; read the selected offer before connecting.Source 25 |
| Performance fee | The strategy terms use a profit high-water mark; the rate and any management/front fee are set in the individual offer.Source 26 |
| CapitalGuard | An equity drawdown control can disconnect and close trades when triggered. It is an execution feature, not capital insurance or a guaranteed exit price.Source 26 |
| Disconnecting | Submit through PurpleZone. Processing is within one business day; open/pending trades close at then-current prices and CapitalGuard is disabled. Exposure remains until processing.Source 26 |
| After disconnection | Outstanding management/performance fees can be retained before the remaining cash becomes freely transferable or withdrawable.Source 26 |
Process19
ETF portfolios use a separate timetable
| Item | ETF-specific treatment |
|---|---|
| Starting amount | The current ETF page advertises EUR 20; suitability approval and portfolio terms apply. This is not the minimum for every CFD or strategy account.Source 21 |
| Ownership and custody | The ETF addendum provides for securities held by the firm on the client’s behalf with third-party custody arrangements.Source 27 |
| Purchase batching | The linked addendum schedules ordinary ETF execution for the third Friday monthly, with a prior funding cutoff and holiday adjustments.Source 27 |
| Exit and cash access | Ordinary ETF disconnection completes on the third business day after the month’s last trading day; request timing affects when cash is available.Source 27 |
| Expedited request | The addendum permits requested immediate execution/disconnection for EUR 15 per ETF; confirm the arrangement before relying on it.Source 27 |
| Ongoing costs | Underlying fund expenses differ by ETF. Portfolio management or front fees, if specified, are additional; the January 2026 cost schedule identifies the separate layers.Source 25 |
Company and legal entities
Sections ↑Entities & regulation20
Entity and brand inventory
| Entity or milestone | Role |
|---|---|
| L.F. Investment Limited | Cyprus investment firm; registered office 11 Louki Akrita, CY-4044 Limassol. Current licence date is 6 April 2015 in the CySEC register.Source 32Source 23 |
| Purple Trading brand | The company history places the brand launch in 2016 after acquiring an existing investment firm; Purple Technology’s 2012 history is a different milestone.Source 22 |
| Purple Trading s.r.o. | Czech tied agent identified on the broker’s contact page; company number 06047033. It is not the Cyprus CFD issuer.Source 20 |
| LFA International Ltd. | Cyprus subsidiary, HE422638, disclosed as responsible for card processing; it is not presented as a separately licensed CFD provider.Source 23 |
| AXSE Brokerage Ltd. | Separate Seychelles securities dealer operating purple-trading.sc, licence SD041; listed at Suite 4H, Global Village, Jivan’s Complex, Mont Fleuri, Mahé.Source 35Source 34 |
- Headquarters
- Limassol, Cyprus
- Founded
- 2016 — Purple Trading brand launch
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
L.F. Investment Limited
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Cyprus Securities and Exchange Commission271/15 | Authorised | Checked 12 Oct 2026Current CySEC list: company 329493; licence date 6 April 2015. Main EEA CFD and portfolio-management contract.Source 32 |
Purple Trading s.r.o.
Czech RepublicSource 20
No separate licence entry is recorded in this panel.
LFA International Ltd.
CyprusSource 23
No separate licence entry is recorded in this panel.
AXSE Brokerage Ltd.
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Services Authority SeychellesSD041 | Authorised | Checked 12 Oct 2026AXSE and purple-trading.sc appear in the current FSA directory. Licence number is corroborated by the company; this is a separate international contract without the EU investor-compensation scheme.Source 35Source 34 |
Sources & further reading
- Account types and trader status Purple Trading · Accessed 12 Oct 2026
- Fees and commissions Purple Trading · Accessed 12 Oct 2026
- Trading conditions and account currencies Purple Trading · Accessed 12 Oct 2026
- Registration, first trades and account closure Purple Trading · Accessed 12 Oct 2026
- PurpleZone and dormant accounts Purple Trading · Accessed 12 Oct 2026
- Forex market access Purple Trading · Accessed 12 Oct 2026
- Commodity CFD access Purple Trading · Accessed 12 Oct 2026
- Index CFD access Purple Trading · Accessed 12 Oct 2026
- Share CFD access Purple Trading · Accessed 12 Oct 2026
- Published spreads, swaps and dividends Purple Trading · Accessed 12 Oct 2026
- Instrument leverage and pip conventions Purple Trading · Accessed 12 Oct 2026
- Professional-client classification Purple Trading · Accessed 12 Oct 2026
- Deposit and withdrawal schedule Purple Trading · Accessed 12 Oct 2026
- MetaTrader 4 platform Purple Trading · Accessed 12 Oct 2026
- MetaTrader 5 platform Purple Trading · Accessed 12 Oct 2026
- cTrader platform Purple Trading · Accessed 12 Oct 2026
- TradingView account connection Purple Trading · Accessed 12 Oct 2026
- Execution infrastructure and trading styles Purple Trading · Accessed 12 Oct 2026
- Client funds and retail negative balances Purple Trading · Accessed 12 Oct 2026
- Contacts and emergency telephone Purple Trading · Accessed 12 Oct 2026
- ETF portfolio service Purple Trading · Accessed 12 Oct 2026
- Company history Purple Trading · Accessed 12 Oct 2026
- Current legal documents and corporate disclosures Purple Trading · Accessed 12 Oct 2026
- Client Terms and Conditions v14 — 4 August 2025 L.F. Investment Limited · Accessed 12 Oct 2026
- Costs and Fees v3 — 13 January 2026 L.F. Investment Limited · Accessed 12 Oct 2026
- Terms for Strategies v10 — 30 May 2025 L.F. Investment Limited · Accessed 12 Oct 2026
- ETF addendum v4 — 12 February 2020 L.F. Investment Limited · Accessed 12 Oct 2026
- Order Execution Policy v15 — 25 April 2025 L.F. Investment Limited · Accessed 12 Oct 2026
- Investor Compensation Fund policy L.F. Investment Limited · Accessed 12 Oct 2026
- Client Complaints Policy L.F. Investment Limited · Accessed 12 Oct 2026
- FX CFD Key Information Document L.F. Investment Limited · Accessed 12 Oct 2026
- Current CySEC licensed-firm record for L.F. Investment Cyprus Securities and Exchange Commission · Accessed 12 Oct 2026
- CySEC settlement announcement — 23 June 2025 Cyprus Securities and Exchange Commission · Accessed 12 Oct 2026
- Purple Trading Seychelles entity and regulatory boundary Purple Trading Seychelles · Accessed 12 Oct 2026
- Seychelles capital-markets regulated-entities directory Financial Services Authority Seychelles · Accessed 12 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.