Updated September 29, 2026 · BrokerCue Editorial Team
OANDA vs PU Prime
Where OANDA and PU Prime differ
| Compare | ||
|---|---|---|
| Minimum deposit | $0Lower | $50 |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto, Bonds | Stocks, ETFs, Forex, CFDs, Metals |
| Regulators | FCA, CFTC | SIPC |
| Investor protection | FSCS up to GBP 85,000 | SIPC up to USD 500,000 |
| Maximum retail leverage | 1:30 | 1:1000 |
| Retail accounts that lose money | 72% | Not confirmed |
| Platforms | Not confirmed | MT4, MT5, PU Web Trader, PU Prime mobile App |
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Key differences
- OANDA scores higher overall: 9.5 vs 8.8.
- Regulators: only OANDA offers FCA, CFTC.
- Regulators: only PU Prime offers SIPC.
- OANDA is licensed in 1 more country.
- Minimum deposit is lower at OANDA: $0 vs $50.
- Markets: only OANDA offers Crypto, Bonds.
- Markets: only PU Prime offers Metals.
- Support channels: only OANDA offers Email, Phone.
- Support channels: only PU Prime offers Help centre.
- Features: only PU Prime offers Copy trading.
Our verdict on each
OANDA
OANDA fits traders who want to open an account without a minimum deposit and sit under regulators on both sides of the Atlantic. Its overall score is 8.4 with a cost score of 8.4, though the retail loss rate of 72% is a reminder that most balances do not survive the trading.
PU Prime
PU Prime is a US broker for beginners who want forex, CFDs and metals on MT4, MT5 or the PU Prime app, with copy trading and a demo account on the same platform. Its $50 entry sits above lighter $0 and $5 floors, and money is held under SIPC cover.
Score breakdown
| Area | OANDA | PU Prime |
|---|---|---|
| Cost | 9.7Higher | 8.7 |
| Offer | 9.3Higher | 9.2 |
| Trust | 9.5Higher | 8.6 |
Feature by feature
| Markets | OANDA | PU Prime |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | No |
| Bonds | Yes | No |
| Metals | No | Yes |
Licences and countries
| Country | OANDA | PU Prime |
|---|---|---|
| United States | CFTC 0325821 | SIPC SIPC member 3337 |
| United Kingdom | FCA 542574 | Not confirmed |
How they place
| Ranking | OANDA | PU Prime |
|---|---|---|
| Stock and ETF brokers | 51 of 471 | 182 of 471 |
| Forex brokers | 20 of 147 | 79 of 147 |
| Low-spread forex brokers | 18 of 145 | 77 of 145 |
| CFD brokers | 16 of 122 | 66 of 122 |
Every fact side by side
| Fact | OANDA | PU Prime |
|---|---|---|
| Features | Demo account, Mobile app | Demo account, Copy trading, Mobile appCovers more |
| Audience | Not confirmed | Beginners |
| Legal entity | OANDA TMS Brokers S.A. | TD PRIME SERVICES LLC |
| Headquarters | United States | Not confirmed |
| Founded | 1996 | Not confirmed |
| Support channels | Email, Phone | Help centre |
Where each stands against the rest
| Fact | OANDA | PU Prime | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | $50above the median | $25 |
| Retail accounts that lose money | 72%below the median | Not confirmed | 72.05% |
Median across 134 listed brokers.
Pros and cons
OANDA
Pros
- No minimum deposit: $0 means the account opens without putting money in first, and OANDA sits at the top of our minimum deposit ranking, ahead of Vantage and its $5.
- Regulated in Britain and the US: FCA and CFTC covers an FCA licence 542574 and a CFTC registration 0325821.
- UK balances sit under protection of FSCS up to GBP 85,000, which pays compensation if the firm cannot return the money.
Cons
- Support runs on email and phone only, which leaves anyone wanting a live chat desk looking at other brokers.
- A retail loss rate of 72% is no better than the site figure of 70.15%, so the risk sits at the sector norm.
- Retail leverage of 1:30 magnifies losses as quickly as gains, and a $0 entry point makes it easy to size positions too large.
PU Prime
Pros
- Covers forex, CFDs, metals, stocks and ETFs in one account (stocks, etfs and forex)
- Pick from MT4, MT5, PU Web Trader or the PU Prime mobile app (MT4, MT5 and PU Web Trader)
- A demo account and copy trading sit alongside the live accounts (demo account, copy trading and mobile app)
Cons
- The $50 entry is above the $0 and $5 starting points in this comparison
- Support runs through a help centre only, per help centre
- Retail trading losses run high across the site at 70.15%, so leverage of 1:1000 carries real risk
Who each suits
OANDA
Who it suits
- Traders who want to open an account and start small: the minimum deposit of $0 removes the barrier to funding later.
- Anyone who checks regulators before depositing, since FCA and CFTC and protection of FSCS up to GBP 85,000 are both on record.
- Forex traders who also want shares, ETFs, CFDs, crypto and bonds under one roof: stocks, etfs and forex.
Who should look elsewhere
- Futures traders, who get a longer list at eToro, where stocks, etfs and forex adds futures to the stocks, etfs and forex on offer here.
- Traders who want nothing beyond shares, ETFs, forex, CFDs and crypto, since CFI's stocks, etfs and forex covers that core without the bonds.
PU Prime
Who it suits
- Beginners building a first account on forex or CFDs
- Traders who want copy trading alongside manual deals
- Anyone happy to hold money with a US SIPC member rather than a UK or EU regulated firm
Who should look elsewhere
- CFI, if a $0 entry point matters more than US regulation
- eToro, if a wider market spread including crypto and futures fits a long term investor better
- Vantage, if a $5 floor suits a smaller first deposit
Questions about each
OANDA
What is the minimum deposit for an OANDA account?+
OANDA lists a minimum deposit of $0, so you can open an account without funding it and add money later. On our minimum deposit ranking that places OANDA at position 1 of 213 brands, well clear of the field. Vantage, by contrast, asks for $5 before trading starts.
How is my money protected if something goes wrong?+
UK clients sit under investor protection of FSCS up to GBP 85,000, the compensation paid if the firm cannot return the balance. The regulator behind that cover is named in FCA and CFTC, and the FCA licence number is 542574. US clients fall under the CFTC registration, 0325821, which is a separate arrangement.
PU Prime
What is the minimum deposit at PU Prime?+
The stated entry point is $50 for a new account. That sits above the $0 and $5 starting points in this comparison, so a first deposit has to be larger here than with either.
Is PU Prime regulated and is my money protected?+
Protection runs through SIPC up to USD 500,000, listed under SIPC. The membership is recorded as SIPC member 3337, so the holding company can be traced against a public register rather than a claim on the website.