PU Prime review

Our rating

PU Prime scores 6.8 out of 10 on our table. That figure is an average of six things we assess, and it hides the shape of the broker: its strongest area is costs at 9.1, its weakest is education at 2.5. Whether that gap matters depends entirely on which of the six you were going to use.

Regulation and safety7.8/10

PU Prime lists its authorisations as Seychelles FSA (SD050); Mauritius FSC (GB23202672); South Africa FSCA (52218); UAE CMA (20200000388). Those are offshore authorisations. Offshore licensing is not a synonym for dishonest, but it does mean lighter reporting, higher permitted leverage and, usually, no compensation scheme - the trade is protection for flexibility.

The licence that matters to you is the one held by the entity that opens your account, and at a multi-entity broker that is decided by your country of residence. Its registration can be checked directly on the Relevant FSA/FSC/FSCA/CMA registers. It is a two-minute check and it is the only way to confirm that the firm taking your deposit is the firm named on the website.

Client money is held separately from the firm's own funds, with not publicly specified - so that if the business fails, client balances are not part of what its creditors can reach. Negative balance protection applies, so a gap through your stop cannot leave you owing the broker money.

No statutory compensation scheme stands behind it. If the firm fails, recovering client money is an insolvency process rather than a claim - which is the practical difference between an offshore licence and a tier-one one.

PU Prime does not accept clients from Includes United States, Singapore, China, Philippines, FATF-blacklisted countries and sanctioned regions. Restriction lists move, so confirm your own country before you spend time on an application.

What it costs to trade9.1/10

PU Prime advertises spreads from 0.0 pips. Commission is prime: $3.50/side, charged on top of the spread rather than instead of it - which is the normal arrangement on a raw account and the reason its quoted spread can be so low. Put the two together and a EUR/USD round turn works out at approx. 0.7 pips on Prime at a zero raw spread, which is the figure worth comparing against other brokers.

An advertised minimum is the best price a broker has ever quoted, not the price you will get. On our record its measured average on EUR/USD is 1.3 pips Standard; 0.0 pips Prime advertised average, and variable on GBP/USD. Spreads are variable, so they move with liquidity and widen around releases and the daily rollover.

Positions held overnight accrue a financing charge, which is irrelevant to a day trader and compounds for anyone holding for weeks. Currency conversion applies where your account and the instrument use different currencies, which is a charge worth avoiding by funding in the currency you actually trade.

There is no inactivity fee, so an account can sit funded and untouched without being eroded.

Platforms and tools8.5/10

PU Prime runs MetaTrader 4, MetaTrader 5, PU Web Trader, PU Prime App. Both MetaTrader versions are available, which matters more than it sounds: an expert advisor written for MT4 will not run on MT5, so a trader arriving with existing software needs the specific version it was written for.

Automation is supported: yes. There is API access (not a prominent standard retail feature) for anyone connecting their own software. Copy trading is available through yes, which is the alternative to writing rules yourself.

Charting runs to MT4/MT5 and proprietary-platform tools. Additional tools include MetaTrader 4, MetaTrader 5, Autochartist. On mobile: PU Prime App plus MT4/MT5.

Markets, leverage and execution7.9/10

PU Prime covers Forex, Shares, Indices, Commodities, Metals, ETFs, Bonds, Synthetic Indices. That comes to 1,000+ instruments in total. On the currency side specifically it lists 50+ pairs. Breadth is worth less than depth in the markets you actually trade - a hundred instruments priced well beats a thousand you will never open.

Leverage runs to 1:1000 on the entity that offers most. That does not improve your expected return; it lowers the deposit a given position requires, and shortens the move needed to close you out. Whatever the headline, the number that governs your position is the margin requirement on the specific instrument - it is always lower on shares and crypto than on major currency pairs.

Execution is account-dependent, routing orders to external liquidity rather than pricing them internally. Measured speed is ultra-fast execution advertised. Its servers sit in global trading infrastructure, which is what determines latency more than any software choice.

Order types available: market, limit, stop, stop-loss, take-profit, trailing stop and MetaTrader orders. Stops and limits are table stakes; what separates platforms is whether the ones you rely on are there and how quickly they can be modified once a position is open.

Accounts

Account types run to Standard, Prime, ECN, Cent, Prime Cent, Islamic, Demo. The minimum deposit is 20. The smallest position it will take is 0.01 lots, which is what actually governs how precisely you can size risk on a small account.

A demo account is available, which is the cheapest way to find out whether the platform suits you. Swap-free Islamic accounts are offered. Professional classification is available for clients who qualify, which lifts leverage caps and lowers the protections that come with retail status - a trade rather than an upgrade. Opening takes typically a few minutes, subject to verification.

Accounts can be denominated in 10 base currencies. Funding in the currency you trade removes a conversion charge from every position, which is a small saving repeated indefinitely.

Deposits and withdrawals

Deposits can be made by bank transfer, cards, e-wallets and numerous regional payment methods. They clear in method-dependent.

Withdrawals go out by bank transfer, cards, e-wallets and applicable original funding methods. Expect method-dependent. Check the withdrawal routes rather than the deposit ones. They are frequently not the same list, anti-money-laundering rules usually require funds to return the way they came, and the difference only becomes apparent at the point you want your money back.

Local payment methods include extensive regional options - which matters more than it looks if you are outside the broker's home market, since an international wire is slow and expensive compared with a domestic transfer.

Support and education5.0/10

Support runs 24/7. That is worth more than it sounds on a leveraged account: markets gap at inconvenient hours, and a position you cannot get help with is a position you carry until somebody answers. You can reach them by live chat, email, phone, Help Centre. Live chat typically answers in within minutes. Support is offered in multilingual.

Its education is substantial - educational articles, webinars, platform education and trading guides - which is the difference between a broker that will teach you and one that will simply take the deposit. Research output covers market analysis, news, Autochartist and trading insights.

The company behind the brand

The company behind the brand is PU Prime Limited, registered as 8426654-1, Seychelles entity. It operates from International; group operations include Seychelles, Mauritius, South Africa and UAE. It has been trading since 2015, so there is about 11 years of record to look at.

It is independently owned rather than part of a larger group. It is privately held, so its finances are not published the way a listed group's are. Headcount is in the Approx. 200-500 range.

You may also see it under PU Prime; formerly Pacific Union. Brands and legal entities rarely map one to one in this industry, and the name on the website is not always the name on the client agreement.