Purple Trading — MyVeridex Integration Guide
Connect your Purple Trading account to MyVeridex and track your trading performance with 30+ professional metrics — Sharpe ratio, Sortino ratio, Calmar ratio, max drawdown, R-multiple, expectancy, consistency score, and profit factor. Purple Trading supports MT4 and MT5 across 18 trading servers, all fully compatible with the MyVeridex read-only investor-password connection flow.
Why Purple Trading traders choose MyVeridex
Purple Trading's native platform gives you execution and a simple P&L history, but it stops short of the risk and performance analytics that prop firms, investors, and serious retail traders actually evaluate traders on. MyVeridex fills that gap without any EA, VPS, or broker-side setup.
- Risk-adjusted performance metrics — Sharpe, Sortino, Calmar, and R-multiple calculated from every closed Purple Trading trade. These are the exact metrics FTMO, FundedNext, and prop funds use to evaluate trader applications.
- Drawdown and consistency tracking — Real-time daily and max drawdown, consistency score across sessions, and rolling profit-factor windows. Critical for managing Purple Trading prop-firm accounts where breaching a daily loss rule ends the evaluation instantly.
- Trade journal and tagging — Attach notes, screenshots, setup tags, and emotion scores to each Purple Trading trade. Filter by setup to see which patterns actually make money on your account, not which ones feel lucky.
- Verified public profile — Generate a read-only link to your Purple Trading track record. Prop firms accept MyVeridex profiles as proof of consistent trading history. Also works for attracting investors or collaborating with other traders.
- Multi-account dashboard — Track multiple Purple Trading accounts (live, prop, demo) side-by-side with aggregate performance. See at a glance which account is actually profitable over your chosen window.
How to connect your Purple Trading account (2 minutes)
- In your Purple Trading terminal (MT4 and MT5), open Tools → Options → Server and locate your investor password. If you have never used it, request it from Purple Trading support or generate one in your account portal — every broker offers it free.
- Create a free MyVeridex account (7-day trial, no credit card). On the dashboard click Connect Account, select your platform, and pick Purple Trading from the broker list.
- Choose your Purple Trading trading server from the auto-populated list, then enter your account number and the investor password. On Purple Trading's MT5 server the investor-password handshake takes about 30 seconds; on MT4 it is the same flow.
- Your trades sync instantly. The first 30 days of history populate in about 2 minutes; your full account history follows over the next several minutes. All metrics update in real time as new trades close.
Frequently asked questions about Purple Trading on MyVeridex
Does MyVeridex officially support Purple Trading?
Yes. Purple Trading is fully tested on MyVeridex across MT4 and MT5 and 18 trading servers. The connection uses a direct investor-password handshake — no broker-side integration required, no approval needed from Purple Trading, no EA to install. If you can log into your Purple Trading investor account, MyVeridex can track it.
Is it safe to share my Purple Trading investor password?
Yes. The investor password is by design read-only — it allows a third party to view trades, balance, and equity but cannot place, modify, or close orders, and cannot withdraw funds. Even if the credentials leaked, no one could trade on your Purple Trading account or move money. MyVeridex encrypts credentials at rest and in transit.
Can MyVeridex place trades on my Purple Trading account?
No, never. MyVeridex is strictly a tracking and analytics platform. It reads closed trades and open positions for performance calculation, but it does not have the master password and cannot interact with the trading terminal. Your Purple Trading master credentials stay with you alone.
How much does it cost to track my Purple Trading account?
MyVeridex starts with a 7-day free trial, no credit card required. After the trial, paid plans begin at €9/month for one Purple Trading account with full feature access, and €19/month for up to ten accounts (ideal for traders running multiple Purple Trading prop-firm evaluations in parallel). There are no per-trade fees or data limits.
Does MyVeridex work for Purple Trading prop-firm or funded accounts?
Yes — prop-firm evaluation accounts are one of the most common MyVeridex use cases on Purple Trading. Many traders use it to monitor daily drawdown against prop-firm rules, watch consistency score in real time, and export a verified track record when they transition from evaluation to funded. Most prop firms permit external read-only analytics; check your specific firm's terms of service if you're unsure.
Do I need a VPS or Expert Advisor to connect Purple Trading?
No. Unlike traditional tracking tools (Myfxbook, FX Blue) that require you to install and maintain an Expert Advisor on a VPS, MyVeridex connects directly via your broker's investor password over the MetaTrader server. Zero installation on your side, zero VPS costs, zero EA crashes to debug.
Free tools for Purple Trading traders
Complement your Purple Trading tracking with MyVeridex's free calculators — no signup, no paywall:
- Pip calculator — pip value, profit/loss, and spread cost across 28+ pairs in your Purple Trading account currency
- Position size calculator — calculate exact lot size for any risk percentage, critical for staying within Purple Trading prop-firm daily loss limits
- Prop firm comparison — compare FTMO, FundedNext, TopStep, and other firms side by side to find the best evaluation structure for your Purple Trading strategy