PU Prime is an award-winning CFD broker offering clients access to diverse markets and products such as forex, commodities, indices, shares, and bonds. With its commitment to providing a world-class trading environment for customers, PU Prime offers low spreads, top-tier execution, professional 24/7 service, in a safe and regulated trading environment.
The journey of PU Prime has been marked by rapid expansion and notable achievements. In 2020, the broker elevated the trading experience with the launch of its proprietary mobile app, introducing a powerful and intuitive 360-degree trading interface. The continuous pursuit of excellence earned PU Prime prestigious recognition, including the esteemed title of Best Forex Trading App 2023 by ADVFN.
Pros and Cons
Pros
- Low Cost Trading Conditions
- Diverse Account Type Offering
- Fast Execution
- Proprietary Mobile Trading App
- Proprietary Social Trading App
- Technical and Fundamental Analysis Tools
- Advanced Charting Tools
- Institutional Offerings
- 24/7 Multi-Lingual Support
Cons
- U.S. clients not accepted
Recommended For
PU Prime accommodates traders of all experience levels, whether novices or pros. The Cent account offers new traders a chance to practice strategies with a $20 investment. A wealth of educational tools includes the Trading Knowledge series that delves into trading fundamentals and psychology, covering forex, CFDs, and more. Engaging video tutorials provide insights into global financial markets, while the trading blog shares tips and methods for success. Complimentary ebooks span topics from cryptocurrency to risk management, acting as comprehensive guides for navigating financial markets. A glossary elucidates common financial terms. With diverse product and support offerings, including various account types, PU Prime is well-equipped to cater to traders of all levels, ensuring it suits different trader needs, including institutional and high-net-worth individuals.
Regulated By
- Financial Sector Conduct Authority (South Africa)
- Financial Service Authority (Seychelles)
Top Features
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Product Range: PU Prime offers a diverse range of trading options including forex, indices, commodities, metals, shares, cryptocurrencies, ETFs, and bonds across six different account types.
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Trading Platforms: Choose from versatile platforms such as MetaTrader 4 and 5, WebTrader, and the innovative PU Social. The latter allows seamless trader copying, enabling you to replicate successful strategies effortlessly.
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PU Prime App: For those seeking a tailored trading solution, the PU Prime App is available on both App Store and Google Play. This comprehensive app offers advanced features like risk management tools, intuitive position control, and personalized analysis and reports.
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Analysis Provided: Stay informed with PU Prime’s insightful resources, including Daily Financial News, Technical Analysis, and Weekly Outlook. These resources provide valuable insights into the dynamic world of finance.
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Autochartist: Elevate your trading with Autochartist, a leading signal provider. Seamlessly integrated with MT4, it empowers traders of all levels with real-time market scans and rapid decision-making capabilities. Be alerted to new opportunities and developments as they arise.
Overview
- Type of Broker Non-Advisory/Executionary Broker
- Regulation & Licensing Financial Sector Conduct Authority (South Africa), Financial Service Authority (Seychelles)
- Clients Accepted from 30 Countries
- Assets Offered Forex, Indices, Spot Metals, Commodities, Shares, Bonds, Crypto, ETFs
- Platforms Available MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, PU Prime App, PU Social
- Mobile Compatibility iOS, Android
- Payment Types Accepted Bank Transfer, Mastercard, Visa, Neteller, Skrill, Bitcoin, FasaPay, And More
Account Types
Standard |
Prime |
|
Features |
Competitive Pricing, Low Minimum Deposit, Great Liquidity, Suitable For Most Traders |
Best For High-Frequency Traders, Ultra-Fast Execution, Fast Deposits/Withdrawals, Access To Great Market Depth |
Account Currencies |
USD, GBP, CAD, AUD, EUR, SGD, NZD, HKD, JPY |
USD, GBP, CAD, AUD, EUR, SGD, NZD, HKD, JPY |
Available Leverage |
Up to 1:500 |
Up to 1:500 |
Minimum Deposit |
$50 |
$1,000 |
Commission Per Trade |
$0 |
$3.5/lot per side |
Decimal Pricing |
Up to 5 |
Up to 5 |
Trading Instruments |
Forex, Indices, Spot Metals, Commodities, Shares, Bonds, Crypto, ETFs |
Forex, Indices, Spot Metals, Commodities, Shares, Bonds, Crypto, ETFs |
Min. Lot Size Per Trade |
0.01 |
0.01 |
Spreads |
From 1.3 |
From 0.0 |
Demo Account |
Yes |
Yes |
Swap/Rollover Free |
No |
No |
Copy Trading Support |
Yes |
Yes |
Islamic |
Cent |
|
Features |
No Swap Fees On Overnight Positions |
Minimizes Risk, Best For New Traders, Lets You Test Strategies In Preparation For High-Volume Trades |
Account Currencies |
USD, GBP, CAD, AUD, EUR, SGD, NZD, HKD, JPY |
USD |
Available Leverage |
Up to 1:500 |
Up to 1:500 |
Minimum Deposit |
$50 |
$20 |
Commission Per Trade |
$0-$3.5/lot per side |
N/A |
Decimal Pricing |
Up to 5 |
Up to 5 |
Trading Instruments |
Forex, Indices, Spot Metals, Commodities, Shares, Bonds, Crypto, ETFs |
Forex, Indices, Spot Metals, Commodities, Shares, Bonds, Crypto, ETFs |
Min. Lot Size Per Trade |
0.01 |
0.01 |
Spreads |
From 0.0 |
From 1.3 |
Demo Account |
Yes |
Yes |
Swap/Rollover Free |
Yes |
No |
Copy Trading Support |
Yes |
Yes |
Pro |
ECN |
|
Features |
Suitable For Experienced Traders. Offer Opportunities With 1:1000 Leverage. |
Access Quotes Directly From Tier-1 Liquidity Providers. Spreads As Low As 0.0 Pips. |
Account Currencies |
USD, GBP, CAD, AUD, EUR, SGD, NZD, HKD, JPY |
USD, GBP, CAD, AUD, EUR, SGD, NZD, HKD, JPY |
Available Leverage |
Up to 1:1000 |
Up to 1:500 |
Minimum Deposit |
$50 |
$10,000 |
Commission Per Trade |
N/A |
$1 per side/lot |
Decimal Pricing |
Up to 5 |
Up to 5 |
Trading Instruments |
Forex, Indices, Spot Metals, Commodities, Shares, Bonds, Crypto, ETFs |
Forex, Indices, Spot Metals, Commodities, Shares, Bonds, Crypto, ETFs |
Min. Lot Size Per Trade |
0.01 |
0.01 |
Spreads |
From 1.3 |
From 0.0 |
Demo Account |
Yes |
Yes |
Swap/Rollover Fee |
Yes |
Yes |
Copy Trading Support |
Yes |
Yes |
Trading Platforms
- PU Prime App
- PU Social
- WebTrader
- MetaTrader 4
- MetaTrader 5
Trading and Investment Tools
- One Click Trading Yes
- Trade off Charts Yes
- Email Alerts Yes
- Mobile Alerts Yes
- Stop Order Yes
- Market Order Yes
- Trailing Stop Order Yes
- OCO Orders Yes
- Limit Order Yes
- 24hr Trading Yes
- Charting Package Yes
- Streaming News Feed Yes
Compliance & Regulation
PU Prime is regulated by the Financial Sector Conduct Authority (South Africa) and the Financial Service Authority (Seychelles). For more information, see the FAQ section at the bottom of this article.
Fees & Commissions
- Rollover Fee Depends On Asset
- Margin Interest Depends On Asset
Pricing
Regarding commissions, PU Prime offers a fee structure that varies among its six account types. The Cent, Pro and Standard accounts have no charges, whereas the remaining two accounts entail fees ranging from $0 to $3.5 per side per lot. PU Prime takes pride in delivering appealing and economical trading conditions for clients of diverse sizes and experience. With access to Tier 1 liquidity, traders can confidently engage in transactions within a favorable trading environment.
Service Details
- Supported Languages English, Arabic, Italian, French, Spanish, Portuguese, Vietnamese, Indonesian, Korean, and More
- Customer Service Hours 24/7
- Email Response Time Within 24 Hours
- Telephone Orders No
- Personal Account Manager Yes
Reliability & Security
Rest assured, PU Prime safeguards your trading account funds in segregated bank accounts held with AA-rated financial institutions. This stringent separation guarantees the safety of your funds, even in the unlikely event of PU Prime’s insolvency. Additionally, PU Prime prioritizes your privacy by employing SSL technology and encryption for processing registration details and payments. This robust security approach maintains a high level of protection for your personal information.
User Experience
PU Prime has garnered acclaim for its attractive promotions, low deposit requirements, and competitive spreads. The brokerage places a significant emphasis on enhancing user interface and experience, not only on its website but also within its trading applications. This concerted effort ensures that clients enjoy a seamless and hassle-free trading experience.
Final Thoughts
Catering to traders of all experience levels, PU Prime stands out as an excellent choice. It provides access to tight spreads and rapid order execution. With advanced platforms, an extensive array of trading assets, and premium features, this broker caters to its numerous clients with excellence.
Contact Info
9A, CT House, Providence, Mahe, Seychelles
FAQs
Q: Who are PU Prime’s liquidity providers?
A: PU Prime collaborates with multiple liquidity providers to ensure optimal pricing and stability. Notable names in their provider list encompass Citibank, UBS, Barclays, JP Morgan, among others.
Q: Does PU Prime have its own account managers?
A: Indeed, PU Prime offers dedicated account managers. By reaching out through live chat and providing your email, contact number, and name, PU Prime will promptly arrange for an account manager to get in touch with you.
Q: Who owns PU Prime?
A: PU Prime is operated by PU Prime Ltd., a company regulated by the FSCA of South Africa under license number 52218. Additionally, PU Prime is authorized by the FSA of the Seychelles under license SD050.