According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $20
- MT4
- MT5
- WebTrader
- SVG FSA
- 1975
Our Evaluation of PU Prime
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
PU Prime is a moderate-risk broker with the TU Overall Score of 6.4 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by PU Prime clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
PU Prime is a CFD broker, which means its pool of trading instruments consists solely of contracts for difference. There are many CFDs available, grouped into seven categories. Considering the high leverage, there is significant profit potential. Costs are reduced due to the absence of trading commissions on some accounts, and in most cases, there are no fees for fund withdrawals. The broker has a copy trading service. Beginners receive decent bonuses at the start, and there is a standard referral program that can provide additional income. The wide choice of accounts and trading platforms personalizes the broker's offerings and expands traders' opportunities. The drawbacks of PU Prime are typical for most of the representatives in the segment.
Brief Look at PU Prime
PU Prime (Pacific Union) is a broker that allows trading in contracts for difference (CFDs) on hundreds of assets from the following categories: currencies, stocks, bonds, indices, commodities, metals, and exchange-traded funds (ETFs). New users receive a free demo account with a balance of 100,000 virtual dollars. Real accounts come in five types, differing in trading parameters and catering to traders of different levels. The minimum deposit is $20, and spreads are floating, starting from 0 or 1.3 pips depending on the chosen account. The maximum leverage is 1:1000. The broker's clients operate through MetaTrader 4, MetaTrader 5, and WebTrader trading platforms. The company also has a highly-rated mobile platform. In addition to active trading, traders can earn through a standard referral program and register in an integrated copy trading service. PU Prime offers attractive bonuses through five active programs. The broker provides free technical and fundamental analysis tools and news analytics. It also has an extensive educational system.
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- The minimum deposit is lower than the market average, and a free demo account and high-quality training ensure a low entry threshold.
- Traders can work with hundreds of assets with high leverage and no trading restrictions, resulting in high-profit potential.
- Narrow spreads combined with low commissions guarantee minimal trading costs.
- Traders can choose from five real account options, including an Islamic account with no swaps or interest charges.
- A wide selection of trading platforms, including mobile versions, allows traders to work comfortably in most conditions.
- The copy trading platform is transparent, fast, and features an intuitive interface.
- Customer support is available through the main communication channels, operates round the clock without interruptions, and has received numerous positive reviews.
- This broker only offers trading with CFDs.
- Apart from copy trading, the company does not provide other passive income options such as joint accounts, cryptocurrency staking, etc.
- Residents of Australia, Singapore, and some other countries cannot collaborate with this broker.
TU Expert Advice
Author, Financial Expert at Traders Union
PU Prime provides trading services with a focus on CFDs, offering access to a wide range of assets across currencies, stocks, indices, commodities, metals, and ETFs. The broker features five live account types, including the Cent account for beginners and the Islamic account catering to specific religious principles. With a minimum deposit of $20, traders can utilize MetaTrader 4, MetaTrader 5, and WebTrader platforms. High leverage up to 1:1000 and tight spreads enable potential profit maximization, while a demo account and educational resources support beginners.
Despite these advantages, the broker's exclusive focus on CFDs may not appeal to those seeking diverse asset types beyond derivatives. Additionally, PU Prime's regulatory oversight is limited to the SVG FSA, potentially deterring safety-conscious traders. Regional restrictions also limit its availability in Australia and Singapore. Consequently, PU Prime is more suited for traders seeking high leverage and trading CFDs but may not be suitable for those prioritizing diversified investments and robust regulatory oversight.
- You are looking for a broker with a low minimum deposit, below the market average, along with the provision of a free demo account. High-quality training is also available, ensuring a low entry threshold for traders.
- You seek a copy trading platform that is transparent, fast, and features an intuitive interface. Additionally, the broker offers leverage up to 1:1000.
- You are looking for a broker that provides trading options beyond CFDs, offering a more diversified range of instruments.
- You prefer a broker that is regulated by more than one authority, such as the FCA, ASIC, or CySEC, ensuring a higher level of regulatory oversight and security for your trades.
PU Prime Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | MT4, MT5, WebTrader, PU Prime |
|---|---|
| 📊 Accounts: | Cent, Standard, Pro, Prime, Islamic, demo |
| 💰 Account currency: | USD, GBP, CAD, AUD, EUR, SGD, NZD, HKD, JPY |
| 💵 Deposit / Withdrawal: | Visa, MasterCard, Bank Transfer, Neteller, Skrill, Faspay; in some regions additional money transfer methods are available |
| 🚀 Minimum deposit: | $20 |
| ⚖️ Leverage: | Up to 1:1000 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,2 pips |
| 🔧 Instruments: | CFDs on currencies, shares, bonds, indices, commodities, metals, ETFs |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | No |
| ⭐ Trading features: | Free demo account, five real accounts including a swap-free account, narrow spreads and low commissions, a wide range of CFDs, high leverage, and a proprietary copy trading service. |
| 🎁 Contests and bonuses: | Yes |
In most cases, if a broker offers multiple account types, each account determines its own minimum deposit. This is exactly the case with PU Prime. To open a Cent account, $20 is sufficient. For a Standard, Islamic, or Pro account, a minimum deposit of at least $50 is required. However, for the Prime account, the minimum deposit is $1000. Trading leverage also varies depending on the account type. On all accounts except the Pro account, the leverage is 1:500. On the Pro account, it can be increased to 1:1000. The broker's customer support is the same for all accounts. It can be contacted via phone, email, or LiveChat. The support operates day and night, without breaks, but only on weekdays.
PU Prime Key Parameters Evaluation
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Trading Account Opening
To start collaborating with this broker, you need to visit its website and register. Verification of your personal data will also be required. After that, you can open a real account, deposit funds, download the preferred trading platform, and start trading. The experts at TU have prepared a step-by-step guide to registration and a detailed description of the features of the PU Prime user account.
Go to the broker's website at puprime.com. In the upper left corner, select “Personal”. In the upper right corner, choose your preferred language for the interface. Click on "Join Now".
Select “Live Account” (the demo account is opened similarly). Specify the country of your residence. Enter your first name, last name, email address, and phone number. Click “Submit”.
Choose the salutation option, then enter your first name, last name, email address, and phone number again. Specify your nationality, date of birth, and place of birth. You will also need to indicate the type and number of the document that can confirm your identity. Click "Next" and follow the on-screen instructions. Answer the questions and upload scans/photos of your supporting documents.
If for some reason you have interrupted your registration, there is a "Continue Application” button in the left menu. Click on it. Wait for the verification of the submitted documents to be completed. After that, you will gain full access to the user account. You can open/close accounts in the “Accounts” section, and there is a “Deposit Funds” button in the "Funds" section to add funds to your balance. Once you select the account conditions and deposit funds, download the trading platform and you can start trading. The distributions of all the trading platforms supported by PU Prime are available in the “Downloads” section.
Your PU Prime user account also provides access to:
The dashboard serves as the main menu and displays basic information about active accounts and trades, which can be further detailed. Frequently used features are also located here.
In the “Accounts” section, traders can open/close real and demo accounts. Detailed statistics and basic options are available for each account.
The “Funds” section is intended for depositing and withdrawing funds, as well as internal transfers. It also includes a transaction archive with the status of all operations.
The “Autochartist” section provides access to the corresponding features. Here, traders can explore selected markets using advanced analytical tools.
The “Downloads” section contains distributions of the MetaTrader 4 and MetaTrader 5 trading platforms. The broker's mobile platform can be downloaded from any digital store.
The “Contact Us” section lists all the relevant company contacts, as well as an office map. Tickets cannot be generated from the user account, only on the website itself.
There is also a “Profile” section. It displays the user’s statistics, and below it, there are buttons to change the password and log out.
Regulation and safety
PU Prime has a safety score of 4.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Track record over 50 years
- Not tier-1 regulated
- No negative balance protection
PU Prime Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 SVG FSA |
Financial Services Authority of St. Vincent and the Grenadines | St. Vincent and the Grenadines | No specific fund | Tier-3 |
PU Prime Security Factors
| Foundation date | 1975 |
| Negative balance protection | No |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker PU Prime have been analyzed and rated as Medium with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of PU Prime with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, PU Prime’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
PU Prime Standard spreads
| PU Prime | Pepperstone | OANDA | |
| EUR/USD min, pips | 0,7 | 0,5 | 0,1 |
| EUR/USD max, pips | 1,3 | 1,5 | 0,5 |
| GPB/USD min, pips | 0,7 | 0,4 | 0,1 |
| GPB/USD max, pips | 1,5 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
PU Prime RAW/ECN spreads
| PU Prime | Pepperstone | OANDA | |
| Commission ($ per lot) | 3,5 | 3 | 3,5 |
| EUR/USD avg spread | 0,2 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,2 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with PU Prime. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
PU Prime Non-Trading Fees
| PU Prime | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
The account type opened by the trader is of paramount importance. PU Prime accounts differ primarily in their minimum deposit requirements. In this regard, the Prime account is the most demanding, requiring a minimum of $1000 to start. The easiest account to open is the Cent account, which only requires $20. Zero spreads are only available on the Prime account, and it also incurs commissions. Islamic accounts also have fees, and their spreads start at 1.3 pips, just like on other accounts. Only USD can be held in the Cent account, while all base currencies are available on other accounts (see the table above). Thus, for beginners, it is easiest to open a Cent or Standard account. The Pro account has universal characteristics and is chosen by traders with different levels of expertise. As the name suggests, the Islamic account is swap-free and is designed for users who adhere to Islamic principles. It is also worth noting that trading gold, crude oil, and some other assets is only possible on a Pro account.
Account types:
Usually, traders first open a demo account. On a demo account, they can trade without risk but also without profit. This allows them to explore the platform's capabilities and refine their strategies. Then, based on their preferences, the broker's client can switch to one of the real accounts and can open additional accounts as needed.
Deposit and withdrawal
PU Prime received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
PU Prime provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Minimum deposit below industry average
- Bitcoin (BTC) accepted
- Bank card deposits and withdrawals
- Bank wire transfers available
- Wise not supported
- PayPal not supported
- Limited deposit and withdrawal flexibility, leading to higher costs
What are PU Prime deposit and withdrawal options?
PU Prime provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT.
PU Prime Deposit and Withdrawal Methods vs Competitors
| PU Prime | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | Yes | No | No |
What are PU Prime base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. PU Prime supports the following base account currencies:
What are PU Prime's minimum deposit and withdrawal amounts?
The minimum deposit on PU Prime is $20, while the minimum withdrawal amount is $40. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact PU Prime’s support team.
Markets and tradable assets
PU Prime provides a standard range of trading assets in line with the market average. The platform includes 1000 assets in total and 45 Forex currency pairs.
- Copy trading platform
- 45 supported currency pairs
- Indices trading
- Crypto trading not available
- Futures not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by PU Prime with its competitors, making it easier for you to find the perfect fit.
| Pacific Union | Plus500 | Pepperstone | |
| Currency pairs | 45 | 60 | 90 |
| Total tradable assets | 1000 | 2800 | 1200 |
| Stocks | Yes | Yes | Yes |
| Commodity futures | Yes | Yes | Yes |
| Crypto | No | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products PU Prime offers for beginner traders and investors who prefer not to engage in active trading.
| Pacific Union | Plus500 | Pepperstone | |
| Bonds | Yes | No | No |
| ETFs | Yes | Yes | Yes |
| Copy trading | Yes | No | Yes |
| PAMM investing | No | No | Yes |
| Managed accounts | Yes | No | No |
Customer support
Technical support is essential for any company that works with an active client base. In the case of brokers, having such a structure is particularly critical because most traders sooner or later encounter challenges where they need help. The cause of the problem may be user inattention or a system glitch, even by the most powerful and reliable systems. In any case, a trader will seek qualified assistance. If the help provided is not prompt or sufficiently competent, the client may become disappointed with the platform and switch to a competitor. To prevent this from happening, PU Prime has established a strong technical support department that operates in multiple languages and provides consultations around the clock but only on weekdays. The communication channels are standard: telephone, email, and LiveChat. The chat is available on the website, in the user account, as well as in the broker's mobile application.
Advantages
- Users can contact support without being a broker's client
- Specialists are ready to respond 24/5
- The support team is multilingual and provides consultations on trading matters
Disadvantages
- Traders will not receive assistance on weekends
If you need consultation, want to clarify a trade related question, or have encountered a sudden issue, PU Prime support is ready to help you. To contact them, you can use the following options:
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For general inquiries, contact the call center;
-
Legal inquiries call center;
-
Email;
-
LiveChat - on the website, user account, and broker's app;
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Tickets on the website.
The broker is present on the following social platforms: Facebook, Twitter, LinkedIn, Instagram, YouTube, and TikTok, where you can also reach out to the support team. Subscribing to PU Prime's profile on at least one of these social networks is recommended to stay updated on analytical news and beneficial promotions.
Contacts
| Foundation date | 1975 |
|---|---|
| Registration address | 9A, CT House, Providence, Mahé, Seychelles |
| Regulation |
SVG FSA
Licence number: SD050 |
| Official site | https://www.puprime.com/ |
| Contacts |
+248 4671 948, +248 4373 668
|
Education
A trader is successful when they earn profits. And to do that, it is necessary to accumulate practical experience and improve theoretical knowledge. This can be achieved by studying e-books and specialized articles, attending seminars and webinars, and working with current market analysis. Some brokers strive to assist their clients in this regard and offer educational materials. These materials can come in various formats, volumes, and usefulness, ranging from basic FAQs to comprehensive courses and even physical training centers. PU Prime does not have such centers, but the broker's educational system is characterized as one of the most comprehensive and extensive. The website includes a trader's glossary, e-books for users of different levels, basic and advanced video lessons, a trading blog with articles from experts, and current market analysis. Importantly, the education is not focused solely on beginners, and the provided information is equally beneficial for traders of all levels.
Overall. PU Prime offers everything a beginner trader needs. Before engaging in trading, it is recommended to familiarize oneself with the materials in the “Education” section. Experts particularly highlight the e-books published on the website, as the information in them is not only useful but also relevant to today's markets. Experienced traders can also explore the offered materials as they will undoubtedly find something valuable.
Comparison of PU Prime with other Brokers
| PU Prime | Bybit | Eightcap | XM Group | RoboForex | Kama Capital | |
| Trading platform |
MT4, MT5, WebTrader, Pacific Union | MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MetaTrader5 |
| Min deposit | $50 | No | $100 | $5 | $10 | No |
| Leverage |
From 1:500 to 1:1 |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:400 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | 10.00% | No |
| Spread | From 0 points | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points |
| Level of margin call / stop out |
120% / 50% | No / 50% | 80% / 50% | 100% / 50% | 60% / 40% | 20% / No |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | No | Yes | Yes |
Detailed review of PU Prime
The broker applies a proprietary technological stack and has a copy trading service and a proprietary mobile platform. Both solutions are actively supported and modified, have never been hacked, and demonstrate high stability. PU Prime uses virtual servers to ensure the platform’s performance and uninterrupted operation. Additionally, some standard solutions have unique options. For example, while the economic calendar is quite typical, the Autochartist tool possesses an expanded set of visualization tools, and the notification system is integrated into the broker's application. Thus, PU Prime lacks technical deficiencies, targets both novice and experienced traders, and strives to maintain a balance between different earning paths. However, there is a clear emphasis on active trading since passive earning options are essentially limited to copy trading. The referral program cannot be considered a solution for generating passive income because it requires a lot of work.
PU Prime by the numbers:
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There are 6 account types, including a demo account.
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There are 7 asset groups and hundreds of CFDs.
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Minimum deposit is $20.
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Minimum spread is 0 pips.
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Maximum leverage is 1:1000.
PU Prime is a universal CFD broker
All traders aim to work with platforms that provide the most attractive conditions. In addition to technical capabilities and trading costs, the assets pool also plays a significant role. Only CFD trading. There should be plenty of them so that traders can build a diversified portfolio and not limit themselves to strategic opportunities. PU Prime has hundreds of positions grouped into seven categories: currency pairs, stocks, indices, commodities, metals, ETFs, and bonds. This provides sufficient diversity for traders to earn freely using various trading methods. Considering the capabilities of the trading platforms offered and special tools for technical and fundamental analysis, the company's clients have everything they need for successful trading.
PU Prime’s analytical services:
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Copy trading. Traders can register on the service as a signals provider and additionally earn commissions from users who duplicate their trades, or as an investor to profit from the successful trading of more experienced colleagues.
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Autochartist. This comprehensive service is offered by only a few brokers. It includes an integrated system of market analysis tools and the resulting visualization. It supports various charts, indicators, and timeframes. However, it should be noted that Autochartist is only integrated into the MT4 trading platform.
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Economic calendar. A typical solution that visually displays events from the worlds of politics and economics that can affect the quotes of various assets. The calendar is available on the broker's website, it is free and can be used even without being a client of PU Prime.
Advantages:
The broker guarantees transparent operations, and all commissions and fees are known in advance. This means that traders always know exactly how much a specific trade or transaction will cost them.
The platform offers a wide range of additional tools, including various charts, analytical tools, and updated newsfeeds with expert commentary.
Traders have access to a pool of hundreds of CFDs. Traders can trade on their terms, hedge positions, scalp, transfer trades, and use bots.
The broker's mobile application is comparable in convenience and functionality to MT applications. Traders can use MT4, MT5, or WebTrader if they want more convenience.
The company's technical support is available through all major communication channels: call center, email, LiveChat on the website, and in the client's user account. Specialists work 24/5.
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