
PU Prime Review 2025
Why Trade With PU Prime?
"PU Prime is ideal for traders who want to trade with high leverage and low costs in a direct-market trading setup."
Detailed Ratings
Quick Facts
Pros
- Swap-free Islamic account
- The PU Social app enables copy trading functions.
- Protects clients with separate funds and protection against a negative balance.
- Recognized MT4 and MT5 platforms, along with mobile apps, are used in the trading industry.
- Wide variety of nearly 1000 trading instruments across six asset classes.
Cons
- There is no top-level regulatory supervision for trading.
- Standard account trading spreads are average.
- Withdrawals under $100 have a relatively high $40 minimum withdrawal and handling fee.
PU Prime is a well-regarded online broker providing over 800 instruments and copy trading. Let’s review its regulation, account types, fees, and customer support. Should you open a live account with PU Prime? Let’s find out.
Who Is PU Prime?
PU Prime is highly acclaimed, winning awards like Best Mobile Trading App in 2022 and Best Trading Account for Beginners in 2023. Trusted by over 400,000 traders, it provides nearly 1,000 products with competitive costs. The broker’s rapid growth stems from excellent customer service and accessibility. It offers 24-hour multilingual support with a 300-strong team. Using a no dealing desk model, PU Prime ensures superior pricing and liquidity. It is regulated by the FSCA in South Africa and the FSA in Seychelles.
Trading Platforms
Experience seamless trading with PU Prime’s mobile app. It’s easy to use and packed with features like full dealing functionality, account management, and comprehensive charting tools. Get trading insights, news, and analysis, all on your phone. Enjoy promotions and manage risks with tools like stop loss and take profit.
Switch to Web Trader for a flexible option compatible with major browsers on Windows, Mac, and Linux. It offers 24/7 support, real-time quotes, and secure trading operations. Dive into technical analysis with 30 indicators and 24 graphical objects.
Popular MetaTrader 4 and 5 platforms are also available. MT4 boasts quick access, one-click trading, and access to expert advisors (EAs) with 50+ indicators. MT5 steps it up with 8 order types, 21 timeframes, and advanced trading bots. Customize charts and enjoy real-time market news. Both platforms are free to download on desktops and mobile devices, placing powerful trading tools in your hands.
Overall, PU Prime delivers versatility with its variety of platforms, catering to both casual and experienced traders.
Products
PU Prime excels in offering nearly 1000 trading assets across global markets:
- Commodities – Trade energies, agriculture, and metals like gold
- Indices – Engage with global indices, including Dow Jones and Nasdaq
- Forex – Explore 40+ currency pairs like EUR/USD and USD/JPY
- Shares – Access CFDs of top firms such as Amazon and Tesla
- ETFs – Add variety with exchange-traded funds
- Bonds – Include sovereign bonds like US Treasury notes
Fees
PU Prime offers tight spreads with the Prime and ECN accounts, ideal for competitive trading. Direct quotes from major liquidity providers can result in spreads as low as 0 pips during liquid times. Prime account users find spreads around 0.4 pips for EUR/GBP and USD/CAD, while Gold is at 1.5 pips.
The Standard account has a 1.9 pips spread but no commission on trades. In contrast, Prime account trades incur a $7 commission per side, and ECN account trades have a $1 commission per side, though it requires a $10,000 deposit.
There are no inactivity, account opening, or deposit fees, adding to user-friendly trading. However, swaps apply on overnight positions. Check the broker’s website or platform for detailed spread info per instrument.
Leverage
PU Prime offers varying leverage based on your initial investment and trade size. Most accounts provide up to 1:500 leverage, while the Pro account can reach 1:1000. This high leverage allows for controlling larger trades, so it’s wise to use risk management strategies. Here’s a quick look at their leverage options:
- 100% margin required – 1:1 leverage
- 10% margin required – 1:10 leverage
- 2% margin required – 1:50 leverage
- 1% margin required – 1:100 leverage
- 0.2% margin required – 1:500 leverage
Mobile App
PU Prime shines with its user-friendly mobile app for iOS and Android, letting traders engage anywhere with full trading features and advanced functionality. Both MetaTrader 4 and 5 are available on mobile, offering desktop-like experiences with analytical tools and customizable charts. Enjoy swift execution speeds, global market news, multi-account management, and 24/7 customer support. Trading reports are also at your fingertips.
PU Social
PU Prime introduced a social trading app in 2022, available on the App Store and Google Play. Traders can follow top traders’ positions and strategies, making it appealing to those eager to learn about various assets and techniques.
The platform offers insights to help beginners choose the right Master Trader, including monthly returns and markets traded. It also allows traders flexible control over parameters, like position sizes and live orders.
Seasoned traders might find the PU Social app beneficial for earning extra income. Master Traders can earn through subscriptions or commissions on successful trades. Investors just need to hold a live account and download the app to begin.
PU Prime Payments
Deposits
PU Prime offers flexible deposit options with no broker fees, though third-party charges may apply. The broker provides a $20 rebate for such charges. A $50 minimum deposit is required, with various maximum limits available. Popular deposit methods include:
- UnionPay – CNY only, 50,000 CNY max, processes in 30 minutes
- Fasapay – USD/IND only, $75,000 daily limit, instant processing
- Cryptocurrencies – BTC/USDT only, no max limit, instant processing
- Local payments – Various currencies and limits, processes within 1 hour
- Bank Wire Transfer – All currencies, no max limit, 2-5 business days processing
- Credit/Debit Cards – VISA/MasterCard, all currencies, instant processing
- Electronic Payments – Skrill/Neteller/Bitwallet/Sticpay/Astropay/Fasapay, all currencies, instant processing
Withdrawals
Most withdrawal methods with PU Prime are free, but some involve small fees charged by providers, not the broker. For instance, Neteller has a 2% withdrawal fee, and Skrill charges 1%. The minimum withdrawal amount is $40, varying by method. Withdrawals below $100 incur a $20 handling fee or equivalent currency. Bank wire transfers take the longest, requiring two to five business days. Processing time for credit/debit cards and electronic payments varies based on card issuers or banks.
Demo Trading
PU Prime offers a free demo account in over 10 base currencies. This helps traders practice execution, explore platform features, and test strategies without risk.
With up to $100,000 in virtual funds, traders can experience real-time trading on MT4 or MT5 platforms. A leverage of up to 1:500 is available when you open a paper trading account. Sign-up is quick via an online form.
Remember, these accounts expire after 60 days.
Deals & Promotions
PU Prime offers enticing incentives like a $50 no deposit bonus and a 50% credit bonus up to $10,000. Since they aren’t regulated by a European Union authority, they face no promotional limits. Their refer-a-friend scheme allows traders to earn up to $150 per referral meeting the criteria. Remember to check bonus terms for any withdrawal restrictions before opening an account.
Regulation
PU Prime, formerly Pacific Union, is fully regulated by the Seychelles FSA, FSCA, and SVGFSA. It offers key benefits like negative balance protection and segregated client funds, similar to top-tier authorities. Your capital is safe even in rare insolvency cases. The broker ensures top interbank liquidity through leading financial institutions and conducts strict corporate governance audits.
PU Prime Regulators:
- FSA (Financial Services Authority of Seychelles)
- FSCA (Financial Sector Conduct Authority)
- SVGFSA (Financial Services Authority St Vincent & The Grenadines)
Additional Features
PU Prime shines with a variety of analysis tools and educational resources. They offer daily news, market reports, and technical analysis of instruments. You can also access market research through daily video posts.
Their educational content caters to both beginners and experienced traders, covering topics like trading psychology, risk management, market introductions, and indicators. Visual tutorials enhance these lessons with clear examples.
Online webinars led by experts add great value, and they provide useful tools like an economic calendar, currency converter, and keyword glossary.
Live Accounts
PU Prime’s Account Types
PU Prime offers five account types. The Standard account suits all traders with a low $50 minimum deposit. More experienced traders might prefer the Prime account, featuring low spreads and a $1000 minimum deposit. New traders testing strategies might find the Cent account appealing, with just a $20 minimum deposit.
Special accounts include the Pro account, offering up to 1000 times leverage on FX, gold, and oil trades. For high-volume traders, the ECN account provides raw spreads as low as 0.0 pips and costs $1 per side per lot. This account, however, requires a $10,000 minimum deposit. Islamic variations of Standard, Prime, and Cent accounts are also available, aligned with Sharia law, by charging an administrative fee for overnight positions.
Minimum deposits for PU Prime accounts are:
- Standard Account: $50
- Prime Account: $1000
- Cent Account: $20
- Pro Account: $50
- ECN Account: $10,000
Opening an account is simple. Just fill out an online form and provide identification for KYC compliance. You can also apply for a swap-free Islamic trading account, subject to brokerage approval, with associated administration fees for open positions.
Trading Hours
PU Prime offers 24-hour trading from Monday to Friday, but the schedule varies by instrument. Their server and chart times are set to GMT +2 or GMT +3 based on MT4 times. You can check full instrument timings and upcoming market holidays on their website.
Customer Support
PU Prime provides 24/7 customer support through live chat, an online contact form, a global address finder, email (info@puprime.com), and phone (+248 4671 948).
Security
PU Prime ensures top-notch security for traders. The trading area requires a password, and all personal data exchanged between your device and the platform is encrypted with SSL. Both MT4 and MT5 terminals offer secure login, trustable data privacy, and dual-factor authentication.
PU Prime Verdict
PU Prime provides a strong trading environment with direct market execution. Flexible leverage and low fees adapt to any trading strategy. Established platforms, diverse customer service, a demo account, and low minimum deposits are available. Although the regulator isn’t highly regarded, they offer negative balance protection and segregated client funds for client reassurance.
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