low
PU Prime is a forex broker located in the Seychelles, regulated by the Seychelles Financial Services Authority (SFSA).
PU Prime accepts clients from all over the world, excluding US, Singapore, China and some other regions.
Forex broker offers the following underlying assets for trading.
| 50+ Currency Pairs | Based on major and minor world currencies. |
| 20+ Indice CFDs | Based on baskets of different blue-chip stocks, US Dollar Index and Volatility Index. |
| 5 Metal CFDs | Based on Gold, Silver, Platinum, Palladium and Copper. |
| 5 Energy CFDs | Based on Crude Oil (WTI, Brent), Gasoline, Gasoil and Natural Gas. |
| 7 Soft CFDs | Based on Cocoa, Coffee, Soybean, Sugar, Orange Juice, Cotton, Wheat. |
| 6 Bond CFDs | Based on US, UK and German government securities. |
| 500+ Stock CFDs | Based on shares of US, UK and EU companies. |
| 50+ ETF CFDs | Based on exchange-traded funds containing various tradable assets. |
| 1 Interest Rate CFD | Based on Euribor. |
PU Prime (PUPrime) is a forex broker established in 2015 and headquartered in the Seychelles, a popular offshore jurisdiction where forex brokers are only lightly regulated by the government.
As an offshore forex broker, PU Prime is able to offer terms and trading conditions that are much more flexible than most fully regulated brokers. For instance, clients of this broker have access to trading leverage as high as 1:1,000 on the most liquid trading pairs, and the broker offers a simpler account registration and ID verification process than traditional onshore brokers do.
Worth noting about PU Prime is also that this broker is one of just a few forex brokers we have reviewed that has its own dedicated team of analysts that cover the market. This happens on a daily basis via video updates and blog posts in the “Market Insights” pages on the broker's website. Here, analysts cover major economic news events as well as walk traders through the market from a technical analysis perspective.
As far as trading instruments go, PU Prime should have most traders covered with its selection of more than 50 forex pairs, nearly all major stock indices, government bonds, interest rates and a wide selection of commodities. In addition, this broker also offers single stock CFDs from more than 500 companies listed in the UK, US and Europe, as well as a solid selection of exchange-traded funds (ETFs).
An interesting thing to look at when comparing forex brokers is what types of trading accounts they offer. For PU Prime, the selection is fairly straightforward, with five different accounts to choose from depending on how much capital is deposited:
– A Standard account with a minimum deposit of USD 50, commission-free trading, and spreads from 1.3 pips
– A Prime account especially designed for high-frequency traders, with a minimum deposit of USD 1,000, commissions of $3.5 per side per lot, and spreads from 0.0 pips
– A Pro account with a minimum deposit of $50, commission-free trading, and spreads from 1.3 pips
– An ECN account with a minimum deposit of USD 10,000, commissions of $1 per side per lot, and spreads from 0.0 pips
– A Cent account with a minimum deposit of USD 20, commission-free trading, and spreads from 1.3 pips
As usual, smaller traders will be better off trading with either the Standard or Cent accounts, which both offer commission-free trading in return for paying a wider spread. For traders with more capital, however, the ECN and Prime accounts, which offer smaller spreads with commissions on all trades, is the best option.
All instruments can be traded regardless of the account type. The maximum leverage of 1:500 remains the same on all account types except for the Pro account, which offers leverage all the way up to 1:1,000.
Moving over to the trading platforms, PU Prime is a fairly traditional forex broker in that it has chosen to focus on the MetaTrader 4 and 5 Windows-based trading platforms. These are both classic and well-known platforms among forex traders, known for their good analysis tools, custom technical indicators, and huge selection of trading algorithms (“Expert Advisors”), to name just a few things.
In addition, the broker offers the web version of MetaTrader for trading directly in the web browser, as well as a dedicated mobile trading app for Apple and Android phones.
To start trading with PU Prime, new users will need to deposit funds in a trading account. To do this, MasterCard, Visa, bank wire transfer, as well as several e-wallets are accepted. The broker did not accept crypto deposits at the time of this review.
Another nice benefit for traders in some countries is the ability to make bank transfers in local currencies to the broker. For now, this is available in Canada, South Korea, Vietnam, Indonesia, Malaysia, and the Philippines.
All in all, we are of the impression that PU Prime will continue to serve their clients well into the future, as it has done since being founded back in 2015. We like the broker's strong focus on trader education and market analysis, and hope to see even more of this added in the future.
I've been trading with PU Prime for a while now, and everything has been going well so far. Their MT5 platform works fast and is simple to use. I feel more or less confident about my trading journey now.
I find their copy trading service super helpful. I just follow top traders and watch my account improve. It saves me so much time and energy.
I found the Cent Account on PU Prime really helpful when I wanted to start small. It let me experience real trading without risking a lot. Their platform really caters to traders like me.
I trade pretty actively and every pip counts. PU Prime tight spreads, even when things get volatile, help me hold onto more profit. I've been pretty happy with the results so far.
I gave PU Prime app a shot, and now I use it almost daily. It's quick to open, doesn't lag, and never froze on me. I like how I can trust it while I'm out and about.
Great company with good trading services and products.
