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Purple Group in South Africa — review, licence and costs
Score (3 of 6 axes scored)
shown, not ranked: only 40% of the weight has data, need 55%
- Safety20%100
- Track record10%75
- Platforms10%0
Numbered by weight: axis 1 counts for most.
Key facts (4 facts)
- Onboarding entity
- Purple Group Ltd
- Founded
- 2011
- Currencies
- ZAR
- Swap-free account
- conditional
Licence check
Open an account with Purple GroupThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards South Africa residents
- Purple Group Ltd
- Local standing
- JSE-listed group; FSCA-regulated activities via subsidiaries
- Licence as the register states it
- JSE-listed issuer (ticker PPE); regulated financial-services activities conducted through subsidiaries (e.g. First World Trader/EasyEquities FSP 22588). Purple Group itself is a holding company, not a client-facing FSP.
- Leverage for this entity
- Not a direct trading provider; subsidiaries offer unleveraged equities/ETFs (EasyEquities) and leveraged products via EasyTrader
- The firm behind it
- Formerly Purple Capital Ltd; incorporated 1998, renamed Purple Group Ltd Dec 2013; Johannesburg-based fintech group. Four units: EasyEquities, EasyTrader, EasyRetire, EasyAssetManagement. JSE-listed (PPE); returned to profit in FY2025 per press reports; ~210% 5-year share gain.
- What we hold against it
- Publicly-listed; historically loss-making before recent return to profit; no FSCA enforcement action against the group identified - not verified at review
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards South African residents enters the score.
Not a direct trading provider; subsidiaries offer unleveraged equities/ETFs (EasyEquities) and leveraged products via EasyTrader
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youJSE-listed group; FSCA-regulated activities via subsidiaries
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Accounts
Account types the broker names for this country: Not client-facing itself, group offers ZAR, TFSA, RA, offshore accounts via EasyEquities, retirement via EasyRetire. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where Purple Group sits in the South Africa base(103 brokers)
Round-turn cost, USD (80 of 103 priced)
Median 7 USD · range 1-20 · 23 of 103 brokers do not publish it
Minimum deposit, USD (49 of 103 priced)
Median 50 USD · range 0-1000 · 54 of 103 brokers do not publish it
Retail leverage (72 of 103 with a South Africa figure)
Median 1:500 · range 20-5000 · 31 of 103 brokers do not publish it
Withdrawal time published (103 brokers)
Payouts(2 methods)
| Method | Deposit, h | Fee, USD | Min, USD |
|---|---|---|---|
| EFT | 24 | 0 | 50 |
| instant EFT | 24 | 0 | 50 |
Deposit and withdrawal methods (2 methods · 2 local)
EFT, instant EFT, debit order (via subsidiary platforms)
- EFTlocal
- instant EFTlocal
- Account currency
- ZAR
- Fee declared
- 2 of 2 methods
- Withdrawal back to
- the funding method
Where it does not serve(1 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(10 platforms)
- EasyEquities
- EasyProperties
- EasyCrypto
- EasyTrader
- EasyRetire
- EasyAssetManagement
| Class | Count |
|---|---|
| EasyEquities | — |
| EasyProperties | — |
| EasyCrypto | — |
| EasyTrader | — |
| EasyRetire | — |
| EasyAssetManagement | — |
| Forex pairs | 135 |
| Shares | 153 |
| Commodities | 5 |
| Crypto | 5 |
— the broker does not publish this figure; it is not read as a zero and it is not scored.
Pros and cons(4 for and 4 against, each tied to a figure on this page)
- Authorised by the South Africa regulator in its own register
- Swap-free account available
- Safety 100 of 100, its strongest of 3 scored axes
- 6 platforms: EasyEquities, EasyProperties, EasyCrypto, EasyTrader
- Round-turn cost not priced: the pair of spread and commission is not published
- Withdrawal time not published
- Platforms 0 of 100, its weakest of 3 scored axes
- Not scored on reviews, round-turn cost, payouts: the broker publishes no figure we could read
Alternatives in South Africa(6 of 103 scored in South Africa)
- Round turn, USD
- 6ZA
- Min deposit, USD
- 20ZA
- Leverage
- 30 group
- Rank in this country
- #2
- Round turn, USD
- 8ZA
- Min deposit, USD
- 300ZA
- Leverage
- 200ZA
- Rank in this country
- #12
- Round turn, USD
- 6ZA
- Min deposit, USD
- 100ZA
- Leverage
- 300ZA
- Rank in this country
- #20
- Round turn, USD
- 4ZA
- Min deposit, USD
- 50 groupZA
- Leverage
- 400ZA
- Rank in this country
- #32
- Round turn, USD
- 6ZA
- Min deposit, USD
- 0 groupZA
- Leverage
- 2000ZA
- Rank in this country
- #3
- Round turn, USD
- 6ZA
- Min deposit, USD
- 0ZA
- Leverage
- 500ZA
- Rank in this country
- #34
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a South Africa score. Full methodology
| Axis | Weight | What is measured | Purple Group |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | — |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | — |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 100 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | — |
| Track record | 10% | Years since the firm was founded, from its own filings | 75 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 0 |
FAQ
- Does Purple Group accept residents of South Africa?
- Yes. JSE-listed group; FSCA-regulated activities via subsidiaries Onboarding entity: Purple Group Ltd
- Is Purple Group licensed to serve clients in South Africa?
- JSE-listed issuer (ticker PPE); regulated financial-services activities conducted through subsidiaries (e.g. First World Trader/EasyEquities FSP 22588). Purple Group itself is a holding company, not a client-facing FSP. Checked on 11.07.2026.
- Which trading platforms does Purple Group support?
- EasyEquities, EasyProperties, EasyCrypto, EasyTrader, EasyRetire, EasyAssetManagement. Instruments: Via subsidiaries: JSE shares, ETFs, offshore shares, crypto, fractional property, retirement products, asset management
- How can I withdraw money from Purple Group in South Africa?
- EFT, instant EFT, debit order (via subsidiary platforms)
- What account types does Purple Group offer?
- Not client-facing itself; group offers ZAR, TFSA, RA, offshore accounts via EasyEquities and retirement via EasyRetire
- Does Purple Group offer a swap-free (Islamic) account?
- Conditional.
Taxes for a South African resident(1 rule)
- SARS taxes residents on worldwide income.https://www.purplegroup.co.za/
Not tax advice. Check with SARS.