Our take on PU Prime after testing
Key trading conditions
The numbers that matter most when picking PU Prime.
What we like, what we don't
Honest assessment after evaluating against industry benchmarks.
- ASIC regulated (Tier-1 supervision)
- Scalping and Expert Advisor friendly
- Broad platform suite (5 options)
- Native copy trading available
- High leverage available on offshore entity
- No FCA regulation — UK clients miss FSCS protection
Who PU Prime is for — and who it isn't
Brokers aren't one-size-fits-all. Here's where PU Prime shines and where it falls short.
- Copy/social tradersBuilt-in tools to follow proven traders without manually executing each trade.
- High-leverage strategy tradersOffshore entities offer leverage up to 1:500+ for traders comfortable with the risk and reduced regulatory protection.
- Algorithmic and high-frequency tradersEA support, fast execution, and trading-friendly policies suit automated strategies and short-hold approaches.
- Complete beginnersLimited educational content means this broker assumes you already understand trading basics. Brokers like XTB or eToro offer friendlier onboarding.
- UK traders wanting FSCS protectionNo FCA licence means no Financial Services Compensation Scheme coverage. Consider FCA-regulated alternatives if account size matters.
- Risk-averse beginnersThe high leverage available on offshore entities can amplify losses as much as gains. Stick to lower-leverage regulated entities until experienced.
PU Prime at a glance
The essentials, scannable in seconds.
Everything you need to know
In-depth analysis across regulation, costs, platforms, accounts, funding, and support.
Regulatory structure
PU Prime operates under 4 regulatory licences:
- ASIC — Tier-1 regulator (highest jurisdiction)
- FSCA — Tier-2 regulator (intermediate)
- FSA — Tier-3 regulator (offshore)
- SCA — Tier-2 regulator (intermediate)
Notable: no FCA licence
PU Prime does not hold an FCA (UK) licence. UK traders therefore have no FSCS protection — which would cover up to £85,000 per client at FCA-regulated firms. For UK-based traders with substantial accounts, this is a meaningful consideration.
Track record
PU Prime has operated since 2016 (10+ years). Editorial assessment: medium-confidence on regulatory standing.
Cost structure
PU Prime cost structure depends on which account type you choose. The trade-off is generally between spread-only pricing (simpler, slightly higher implicit cost) and raw-spread plus commission (cheaper at higher volumes, requires per-trade math).
Standard account
Spread-only pricing with no commission. EUR/USD spreads typically average 0.8-1.5 pips during liquid sessions. Simpler for casual or lower-volume traders.
Other costs to know about
Overnight swap rates apply to positions held past daily rollover, based on currency-pair interest rate differentials.
Most reputable brokers don't charge deposit fees, withdrawal fees, or inactivity fees on active accounts. Check the funding terms for your specific entity at PU Prime.
5-platform support
PU Prime supports 5 platforms — choice affects available order types and execution model.
MetaTrader 4
The industry standard for forex retail. Full EA support, custom indicators, automated trading. Mature ecosystem of community-built tools.
MetaTrader 5
Newer MetaQuotes platform with additional asset classes, more timeframes, and improved backtesting. Recommended for newer accounts unless you have legacy MT4 EAs.
Account type options
PU Prime offers 4 live account types, all with a $20 minimum where applicable:
- Standard — Spread-only pricing with no commission. Most accessible.
- Prime — See broker site for details
- Cent — Trade in cents rather than dollars — useful for very small balances or beginners.
- Islamic (Swap-Free) — Available for clients meeting religious requirements. No swap charges.
Demo accounts
Demo accounts are available free of charge, typically with virtual balance and the option to reset on request. Useful for testing strategies before committing capital.
Deposit methods
E-wallet deposits are typically instant; card payments take 1-2 hours; bank wires 1-3 business days.
- Credit/debit cards (Visa, MasterCard)
- Bank wire transfer
- Neteller
- Skrill
- Cryptocurrency (Bitcoin, USDT, others)
Withdrawal speed and cost
Withdrawals are typically processed within 1-3 business days. Arrival times depend on method: e-wallets same day, cards 3-5 days, wire 1-3 days.
The same-method rule typically applies — withdrawals must go to the same source as deposits where possible. This is standard AML compliance, not broker-specific.
Basic support coverage
PU Prime support coverage is more limited than tier-1 alternatives. Email is the primary channel, with live chat available during peak hours.
Response times can be variable. For account-critical issues, traders may need to escalate through multiple channels.
PU Prime vs alternatives
How does it stack up against similar competitors?
PU Prime FAQ
Quick answers to the questions traders ask most.
Is PU Prime regulated?
Is PU Prime safe?
What's the minimum deposit?
What platforms does PU Prime support?
Does PU Prime support algorithmic trading?
How fast are withdrawals?
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