If you’re searching for a reliable Forex and CFD broker, you might have come across PU Prime. In this detailed PU Prime review, we’ll examine its features, trading conditions, fees, and overall reliability to help you decide if it’s the right broker for you.
PU Prime Overview
PU Prime (formerly known as PUPrime) is an online Forex and CFD broker offering trading services in currencies, commodities, indices, stocks, and cryptocurrencies. The broker is operated by Pacific Union Global Limited and is regulated by the Financial Services Authority (FSA) of Seychelles.
PU Prime aims to provide traders with competitive spreads, fast execution, and a user-friendly trading experience. But is it trustworthy? Let’s dive deeper.
PU Prime Pros and Cons
Before choosing any broker, it’s essential to weigh the advantages and disadvantages.
Pros:
✅ Regulated Broker – Licensed by the FSA (Seychelles).
✅ Multiple Trading Platforms – Offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
✅ Low Minimum Deposit – Start trading with as little as $50.
✅ Tight Spreads – Competitive pricing with low spreads.
✅ Multiple Account Types – Options for beginners and professional traders.
✅ Copy Trading & Social Trading – Allows users to follow expert traders.
Cons:
❌ Limited Regulation – Only regulated in Seychelles (not under stricter regulators like FCA or ASIC).
❌ No US or EU Clients – Restricted for traders in these regions.
❌ Inactivity Fees – Charges apply if an account is dormant for too long.
PU Prime Trading Instruments
PU Prime offers a wide range of tradable assets, including:
- Forex (Currency Pairs) – Major, minor, and exotic pairs like EUR/USD, GBP/USD, USD/JPY.
- Commodities – Gold, Silver, Oil, and more.
- Indices – Trade global indices such as NASDAQ, S&P 500, and FTSE 100.
- Stocks (CFDs) – Popular company stocks like Apple, Tesla, and Amazon.
- Cryptocurrencies – Bitcoin (BTC), Ethereum (ETH), and other major cryptos.
This variety allows traders to diversify their portfolios easily.
PU Prime Account Types
PU Prime offers three main account types to suit different trading styles:
- Standard Account
- Minimum Deposit: $50
- Spreads: From 1.0 pips
- Commission: No commission
- Leverage: Up to 1:1000
- Pro Account
- Minimum Deposit: $200
- Spreads: From 0.2 pips
- Commission: $3 per lot
- Leverage: Up to 1:500
- ECN Account
- Minimum Deposit: $1,000
- Spreads: From 0 pips
- Commission: $3.5 per lot
- Leverage: Up to 1:500
Each account type is designed for different trader levels, from beginners to professionals.
PU Prime Trading Platforms
PU Prime supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most popular trading platforms in the industry.
MetaTrader 4 (MT4)
- Best for Forex and CFD trading
- Advanced charting tools
- Automated trading with Expert Advisors (EAs)
- User-friendly interface
MetaTrader 5 (MT5)
- More advanced than MT4
- Supports more asset classes (stocks, futures)
- Better backtesting capabilities
- Economic calendar integration
Both platforms are available on desktop, web, and mobile (iOS & Android).
PU Prime Deposits & Withdrawals
PU Prime offers multiple payment methods for deposits and withdrawals:
- Credit/Debit Cards (Visa, Mastercard)
- Bank Wire Transfer
- E-Wallets (Skrill, Neteller, FasaPay)
- Cryptocurrencies (BTC, USDT, ETH)
Key Points:
✔ No deposit fees (but check with your payment provider).
✔ Withdrawal processing time: 1-3 business days.
✔ Minimum withdrawal: $20 (varies by method).
PU Prime Fees & Charges
Understanding a broker’s fee structure is crucial. Here’s what PU Prime charges:
- Spreads: From 0.0 pips (ECN account) or 1.0 pips (Standard account).
- Commissions: Only on Pro & ECN accounts ($3 – $3.5 per lot).
- Overnight Fees (Swap): Applied for holding positions overnight.
- Inactivity Fee: $10/month after 90 days of no trading.
PU Prime’s fees are competitive, but traders should be aware of swap and inactivity charges.
Is PU Prime Safe & Legit?
PU Prime is regulated by the FSA (Seychelles), which provides a basic level of oversight. However, it’s not as strict as FCA (UK) or ASIC (Australia).
Safety Measures:
- Segregated client funds (kept separate from company funds).
- Negative balance protection (prevents losses exceeding account balance).
- SSL encryption for secure transactions.
While PU Prime is not a scam, traders should be cautious due to its offshore regulation.
PU Prime Customer Support
PU Prime offers 24/5 customer support via:
- Live Chat (Fast response)
- Email ([email protected])
- Phone Support (Multiple countries)
Response times are generally quick, but some users report delays during peak hours.
Final Verdict
Who Is PU Prime Best For?
✔ Beginners – Low minimum deposit ($50) and easy-to-use platforms.
✔ Scalpers & Day Traders – Tight spreads and fast execution.
✔ Copy Traders – Social trading features available.
Who Should Avoid PU Prime?
❌ Traders in the US/EU – Not available due to restrictions.
❌ Those Prefer Stronger Regulation – Only regulated in Seychelles.
Overall Rating: 4/5
PU Prime is a solid broker for Forex and CFD trading, offering good trading conditions and multiple account options. However, its offshore regulation may be a concern for some traders.
FAQs About PU Prime
1. Is PU Prime a regulated broker?
Yes, PU Prime is regulated by the FSA (Seychelles).
2. What is the minimum deposit for PU Prime?
The minimum deposit is $50 for a Standard account.
3. Does PU Prime offer a demo account?
Yes, PU Prime provides a free demo account for practice.
4. Can I trade cryptocurrencies on PU Prime?
Yes, PU Prime offers BTC, ETH, and other major cryptos as CFDs.
5. What leverage does PU Prime offer?
Leverage goes up to 1:1000 (depending on the account type).
Final Thoughts: Is PU Prime Worth It?
PU Prime is a decent broker for traders looking for low spreads, multiple assets, and flexible account options. However, due to its offshore regulation, traders who prioritize safety might prefer brokers under stricter authorities like the FCA or ASIC.
If you’re okay with its regulatory status, PU Prime could be a good choice for Forex and CFD trading.
👉 Open a PU Prime Account Today!
Disclaimer: Trading Forex and CFDs carries a high level of risk. Always conduct your own research before investing.
