PU Prime Review

Active CFD and forex traders

ASIC FSCA FSC FSA CMA

Founded 2015 · Australia

Why investors choose this broker

Regulated by ASIC (Tier 1), FSCA (Tier 2) and multiple other bodies
1,000+ instruments including forex, stocks, ETFs, crypto and bonds
Raw spreads from 0.0 pips on Prime and ECN accounts
No deposit fees and no inactivity fees

Review summary

PU Prime is a multi-asset CFD and forex broker founded in 2015 offering 1,000+ instruments across MT4, MT5 and a proprietary web platform with copy trading.

Pros

Regulated by ASIC (Tier 1), FSCA (Tier 2) and multiple other bodies
1,000+ instruments including forex, stocks, ETFs, crypto and bonds
Raw spreads from 0.0 pips on Prime and ECN accounts
No deposit fees and no inactivity fees
Free demo account with up to $100,000 virtual funds
PU Social copy trading platform with 32,000+ strategy providers
MetaTrader 4 and MetaTrader 5 supported alongside proprietary web trader
Low minimum deposit of $50 for Standard accounts

Cons

ECN account requires $10,000 minimum deposit to access lowest commissions
One entity registered in St. Vincent and the Grenadines carries no regulation
$20 bank wire fee after the first wire transfer per month
Demo account expires after 60 days of inactivity
PU Web Trader does not support automated trading via Expert Advisors
No real stock investing - shares available as CFDs only
FCA has issued a warning against PU Prime (Seychelles) entity for UK clients

Company background

PU Prime is a forex and CFD broker founded in 2015. It operates through regulated entities in Australia (ASIC), South Africa (FSCA), Mauritius (FSC), Seychelles (FSA), and the UAE (CMA), and services clients in over 120 countries. The broker offers 1,000+ instruments across forex, stock CFDs, index CFDs, commodity CFDs, ETF CFDs, bond CFDs, and cryptocurrencies, alongside PU Social, a copy trading platform with over 32,000 strategy providers and 150,000+ copiers.

The broker expanded its regulatory footprint with a UAE CMA licence in February 2026. The UK Financial Conduct Authority has issued a consumer warning against the Seychelles-registered PU Prime entity operating without FCA authorisation for UK clients.

Fees and pricing

PU Prime offers four account types. Standard and Cent accounts have no commission with spreads from 1.3 pips. Prime accounts provide raw spreads from 0.0 pips with a $7 round-turn commission per lot. ECN accounts offer raw spreads from 0.0 pips with a $2 round-turn commission per lot, but require a $10,000 minimum deposit. Overnight swap rates apply to leveraged positions and are tripled on Wednesdays to cover weekend costs.

Deposits are free. PU Prime reimburses the bank handling fee for the first wire transfer withdrawal each month; additional wire withdrawals that month carry a $20 handling fee. No inactivity fee is charged.

Regulation and safety

PU Prime operates through five regulated entities. PU Prime Trading Pty Ltd is authorised by ASIC in Australia under AFSL 410681, a Tier 1 licence. PU Prime (PTY) Ltd is authorised by the FSCA in South Africa under FSP 52218. PU Prime Ltd holds a licence from the FSC in Mauritius under GB23202672. PU Prime Limited is authorised by the FSA in Seychelles under SD050. PU Prime Financial Services L.L.C is authorised by the CMA in the UAE. A sixth entity, PU Prime LLC, is registered in St. Vincent and the Grenadines and carries no regulatory oversight. Client funds are held in segregated accounts at major banks, separate from company operating funds.

Platform experience

PU Prime supports MetaTrader 4 and MetaTrader 5 on desktop, web, and mobile, offering the full range of charting tools, indicators, and Expert Advisor support on both. The proprietary PU Web Trader is powered by TradingView and provides a modern interface with real-time charts and economic data, though it does not support automated trading via Expert Advisors. The PU Prime mobile app is available on iOS and Android and integrates access to all account types including PU Social copy trading. A free demo account loaded with up to $100,000 in virtual funds is available across all platforms, though demo accounts expire after 60 days of inactivity.

Pros and cons

PU Prime's main strengths are its ASIC and FSCA regulation, wide instrument range of 1,000+ assets, raw spread accounts starting from 0.0 pips, absence of deposit and inactivity fees, and a copy trading platform. The main drawbacks are the $10,000 minimum for the lowest-commission ECN account, the presence of an unregulated entity in St. Vincent and the Grenadines, a $20 fee on bank wire withdrawals beyond the first each month, and the fact that shares are available as CFDs only rather than real stock ownership.

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Trading fees & commissions

Standard accounts carry no commission with spreads from 1.3 pips; Prime accounts offer raw spreads from 0.0 pips with a $7 round-turn commission per lot; ECN accounts offer raw spreads from 0.0 pips with a $2 round-turn commission per lot. Deposits are free and PU Prime does not charge withdrawal fees except a $20 handling fee on bank wire withdrawals beyond the first free wire per month.

Fees

Item	Fee
Cfds	Spreads vary by instrument and account type; overnight swap fees apply to leveraged positions held overnight
Crypto	Available as CFDs; spreads vary
Margin	Overnight swap rates apply to leveraged positions; tripled on Wednesdays for weekend holdings
Account	No account opening or maintenance fee
Deposit	Free; third-party processing or currency conversion fees may apply
Inactivity	No inactivity fee
Withdrawal	Free for most methods; $20 bank wire handling fee applies after the first wire transfer per month

Trading platform & features

Platforms

MetaTrader 4
MetaTrader 5
PU Web Trader
PU Prime App
iOS app
Android app

Regulation and investor protection

PU Prime operates through entities regulated by ASIC in Australia, FSCA in South Africa, FSC in Mauritius, FSA in Seychelles, and CMA in the UAE. Client funds are held in segregated accounts at major banks separate from company funds.

Broker FAQs

Is PU Prime safe?

Is PU Prime a scam?

No. PU Prime is a regulated broker with ASIC and FSCA authorisation among other licences, and has operated since 2015. However, the UK FCA has issued a warning against the Seychelles-registered entity operating in the UK without FCA authorisation.

Is PU Prime regulated and by whom?

Yes. PU Prime is regulated by ASIC in Australia (AFSL 410681), FSCA in South Africa (FSP 52218), FSC in Mauritius (GB23202672), FSA in Seychelles (SD050), and CMA in the UAE. One entity in St. Vincent and the Grenadines is unregulated.

Does PU Prime keep client funds in segregated accounts?

PU Prime states that client funds are held in segregated accounts at major banks, separate from the company's own operating funds.

What happens to my money if PU Prime goes bankrupt?

Client funds are held in segregated accounts at major banks. The protections available depend on which regulated entity a client is onboarded to, as compensation scheme coverage varies by jurisdiction.

What products does PU Prime offer?

PU Prime offers over 1,000 instruments including forex pairs, stock CFDs, index CFDs, commodity CFDs, ETF CFDs, bond CFDs, and cryptocurrency CFDs.

Does PU Prime offer real stocks or only CFDs?

PU Prime offers shares as CFDs only. It does not provide direct ownership of real stocks or ETFs.

Does PU Prime offer crypto trading?

Yes. PU Prime offers over 59 cryptocurrency instruments as CFDs. These are not direct crypto ownership.

Does PU Prime offer forex trading?

Yes. PU Prime offers over 65 forex pairs across all account types, with raw spreads from 0.0 pips available on Prime and ECN accounts.

What does PU Prime charge for forex trades?

Standard and Cent accounts have spreads from 1.3 pips with no commission. Prime accounts have raw spreads from 0.0 pips with a $7 round-turn commission per standard lot. ECN accounts have raw spreads from 0.0 pips with a $2 round-turn commission per lot.

Is there a withdrawal fee at PU Prime?

PU Prime does not charge fees for most withdrawal methods. For international bank wire transfers, PU Prime reimburses the fee for the first withdrawal each month; additional wire withdrawals in the same month carry a $20 handling fee.

Does PU Prime charge an inactivity fee?

No. PU Prime does not charge an inactivity fee.

Does PU Prime charge a deposit fee?

PU Prime does not charge internal deposit fees. Third-party processing fees or currency conversion fees may apply depending on the payment method used.

Does PU Prime have a demo account?

Yes. PU Prime offers a free demo account loaded with up to $100,000 in virtual funds, available across MetaTrader 4, MetaTrader 5, and the PU Web Trader. Demo accounts expire after 60 days.

Does PU Prime have a mobile app?

Yes. PU Prime offers a mobile app available on iOS and Android, providing access to trading, account management, and PU Social copy trading.

Does PU Prime offer copy trading?

Yes. PU Prime operates PU Social, a copy trading platform with over 32,000 strategy providers and more than 150,000 copiers. It is accessible via the mobile app and web browser with a $50 minimum.

Is PU Prime good for beginners?

PU Prime offers a free demo account, a Standard account with no commission from a $50 minimum deposit, an educational library of 150+ articles, and a copy trading platform. These features may help beginners start trading with lower risk.

Is PU Prime good for long-term investing?

PU Prime focuses on CFD and forex trading rather than long-term investing. All shares and ETFs are available as CFDs only, with no real ownership, dividend rights, or tax-advantaged account types such as ISAs or SIPPs.

Bottom line

PU Prime suits users who want a well-regulated multi-asset CFD and forex broker with raw spread account options, copy trading, and a wide instrument range across MT4, MT5, and a proprietary platform. It may not suit users who want real stock ownership, the lowest commissions without a large minimum deposit, or FCA-regulated access from the UK.

PU Prime

Active CFD and forex traders

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Your capital is at risk. Other fees apply.