PU Prime Review

Minimum Deposit: $50 VISIT BROKER
Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

PU Prime Review

Summary

PU Prime (previously Pacific Union) is an online CFD trading and forex broker. The broker was launched in 2015 and currently operates from the Seychelles where they are authorised and regulated by the Seychelles Financial Services Authority (FSA).

PU Prime offers a good selection of over 200 CFD instruments for you to trade and provides its services in over 120 countries. You can start trading with just $50 and pay minimal costs in terms of tight spreads from just 0 pips, or choose to pay zero commission fees and get a spread mark-up instead.

In addition to very competitive trading conditions, the broker provides you with the popular and user-friendly MetaTrader trading platforms from MetaQuotes. You can trade manually, run automated systems and conveniently access your trading account across all of your devices.

If you are looking for a hands-off approach, then you can copy other traders’ portfolios via social trading integration. If you have a successful strategy that you want to share and earn commission from, other traders can copy you with MAM and PAMM accounts.

The broker provides excellent support to its clients via a dedicated support centre 24/5 and has the option of a free demo account if you want to give them a try to see if they can meet your needs before making a financial commitment.

7.8Expert Score
PU Prime Rating

Founded in 2015, PU Prime offer over 200+ financial products for you to trade on user-friendly platforms with very competitive conditions including tight spreads and low commission fees. They also provide copy trading solutions along with a generous variety of educational content and handy research tools.

Trading Products
7.5
Commissions and Fees
7.5
Platforms and Tools
8
Research and Education
8
Deposit and Withdrawal
8

PU Prime Review

Pros and Cons

PU Prime is an innovative broker with a good range of trading products and services that can cater to the needs of various traders. The broker offers user-friendly trading platforms and social trading via the popular ZuluTrade and MAM/PAMM accounts. You can get free access to plenty of educational content and research tools to help you on your trading journey, whilst customer support is easy to reach and quick to respond.

On the other hand, PU Prime is not regulated by a top-tier government regulatory authority. As a result, they do not accept clients from the US and several other countries. The brokers product portfolio only contains stock CFDs but not real stocks. The customer support team is only available 24/5 during weekdays and not on weekends. Finally, despite offering cryptocurrency trading, the broker does not offer cryptocurrencies as a payment option.

Pros
  • User-friendly MetaTrader platforms
  • Mobile trading app
  • 200+ financial instruments
  • Tight spreads & zero commissions
  • Swift execution speeds
  • Free trading signals
  • A small minimum deposit
  • Learning resources
  • Daily market analysis
  • Additional trading tools
  • Autochartist
  • Zulutrade
  • Virtual Private Server (VPS)
  • MAM & PAMM
  • Islamic accounts
  • Demo trading
  • Flexible account types
  • Responsive customer service
Cons
  • No US clients accepted
  • Not regulated by a top-tier regulatory authority
  • 24/5 customer support
  • No real stocks
  • No cryptocurrencies accepted as a payment option

PU Prime Review

Trading Products

PU Prime offers a decent choice of over 200 CFD instruments across several asset classes such as forex, indices, stocks, commodities, and cryptocurrencies. However, the broker does not offer real stocks, ETFs, options, or bonds to trade. I think there should be enough if you just want to trade forex, precious metals, cryptos and some popular stocks as CFDs. If you are looking for a greater variety, TMGM have a much larger selection of over 12,000 trading products in comparison.

PU Prime Instruments Summary

InstrumentsPU Prime
Forex
Stocks
Indices
Commodities
Cryptos
Optionsx
Bondsx
ETFsx
CFDs
PU Prime Instruments

PU Prime Review

Commission and Fees

Commission and Spread Fees

PU Prime provides flexible trading account types for all types of traders. All of the accounts let you trade with very low costs. Long-term traders can enjoy trading with zero commissions and decent spreads starting from 1.3 pips on a standard account. Short-term or day traders can take advantage of trading with zero spreads on a prime account, but you will need to pay a $7 commission fee on top which is more or less the industry average. You could potentially save some on commission fees with RoboForex as they charge $4 commission and also have zero pip spreads. In addition, PU Prime offers Islamic swap-free accounts for Muslim traders and cent accounts for those of you who want to get a feel for trading in a real environment with minimal investment.

Fee Standard AccountPrime Account
Commission (per standard lot per side)$0$3.5
Spreads from1.30.0
PU Prime Fees

Deposit and Withdrawal Fees

PU Prime does not charge any deposit or withdrawal fee.

Inactivity Fees

PU Prime does not charge an inactivity fee if you have not conducted any trading activity for some time which is a big advantage that they have over the many brokers who do.

PU Prime Review

Platforms and Tools

PU Prime offers the user-friendly yet powerful MetaTrader 4 and MetaTrader 5 as its primary trading platforms. Both are well-known systems that can be downloaded for free on desktop and as trading apps for mobile devices. You may also trade directly through all major web browsers without downloading any software via the MetaTrader web platform.

MetaTrader 4

MetaTrader 4 (MT4) is a prominent trading platform that offers a good variety of trading tools and can be fully customised according to your preferences. The most well-known aspects of MT4 is that it is straightforward to use and has a short learning curve. This makes it a popular choice for new traders whilst it still provides more than enough robust features and functionality for professional traders. The platform has everything you will need to analyse the charts for trade opportunities and to manage positions from all of your devices including web, desktop and mobile. These are some of the MT4 platforms key features:

  • 3 chart types
  • 9 timeframes
  • One-click trading
  • Real-time quotes
  • Online support 24/5
  • 30 technical indicators
  • Charting objects
  • Market depth
  • All order types
  • Netting and hedging allowed
  • MetaQuotes marketplace
  • Automated trading with EAs
  • Available on Android and iOS devices
Pacific Union MT4 Platform
PU Prime MT4 Platform

MetaTrader 5

MetaTrader 5 is often considered to be one of the best trading platforms when it comes to CFDs. For trading forex, commodities, stocks, and hundreds of other derivative assets, MT5 offers a more complex multi-asset platform when compared to MT4. Whilst it does maintain a very similar look and feel to the MT4 platform, it has a lot more features and functionalities. This includes additional order types, more chart types and time periods, lots more indicators, an economic calendar and a multi-symbol strategy tester that utilises tick data for efficient back testing. Here are some of the main features of the MT5 platform:

  • 8 order types
  • 21 timeframes
  • One-click trading
  • Real-time news
  • Sophisticated trading tools
  • 80+ technical indicators
  • Market sentiment and economic calendar
  • Advanced order types
  • Customisable charts
  • 4 pending order types, including pending, stop and trailing stops
  • MetaQuotes marketplace
  • Available on Android and iOS devices
Pacific Union MT5 Platform
PU Prime MT5 Platform

WebTrader

PU Prime offers access to the versatile MetaTrader 4 and MetaTrader 5 WebTrader. The great advantage of this platform is that it can run in any web browser without needing to download or install any software. Therefore, you can access your account from any device and will always be using the latest version of the platform.

Pacific Union WebTrader
PU Prime WebTrader

Mobile App

In addition to the industry-standard MetaTrader platforms, with PU Prime you can trade worldwide markets using the broker’s customised trading software, designed to provide smooth market access and reliable transaction processing. The app’s distinctive design, polished user interface, and innovative features assist you in seizing opportunities and providing a smooth online trading experience. The PU Prime app is available to download for free from the appropriate app stores.

Pacific Union Mobile Trading App
PU Prime Mobile Trading App

API

PU Prime is dedicated to offering cutting-edge trading technology to its clients, and therefore provide a comprehensive suite of APIs to help you expand your trading capabilities. You may use an API connection to construct your own custom trading tools and algorithmic trading methods. If you are looking for a API connectivity with some of the latest technologies implemented for powerful direct to market trading, Global Prime are certainly worth consideration as an alternative.

MAM/PAMM

Multi-account management at PU Prime gives traders and fund managers the control they need to try and maximise efficiency. All of your accounts are easily accessible through a single user-friendly interface. This provides you with a convenient way to manage multiple accounts at once.

ZuluTrade

ZuluTrade is a well-known peer-to-peer social trading platform that helps today’s busy traders save time. The method is meant to be user-friendly, so you don’t need any prior trading knowledge to get started. You can automate your trading with highly personalised parameters and choose to copy other trading strategies. This might be a good option for you if you don’t have enough time to develop a solid trading strategy or if you don’t have enough expertise. ZuluTrade does integrate with quite a few other brokers, including Rakuten Securities. However, if you are on the lookout specifically for a social trading platform, then eToro is the industry leader when it comes to copy trading.

Pacific Union ZuluTrade
PU Prime ZuluTrade

VPS

You can use a Virtual Private Server (VPS) with PU Prime’s dedicated servers to run automated trading systems 24/7, with the quickest possible connectivity. The VPS runs its own operating system but isn’t hosted on your computer, allowing your trading platform to function normally even while you’re not present. This can be a good option if you want to run trading robots around the clock without having your computer switched on. It is worth noting that you can get a free VPS from some other brokers including Switch Markets.

Pacific Union VPS
PU Prime VPS

PU Prime Platforms Summary

PlatformPU Prime
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTraderx
Proprietary
Desktop
Web
Mobile
Social Trading
Other
PU Prime Platforms

PU Prime Review

< class="mt0 mb10 font200" style="color:#111;"> Research and Education

PU Prime has an excellent collection of educational tools to assist beginners. When you visit the broker’s website, you’ll discover plenty of learning articles, trading guides, video tutorials, seminars, webinars, glossaries, market news and analysis, among the accessible resources. The broker excels in education and analysis, especially when compared to other brokers that lack trading knowledge. In addition, the extensive library of resources available demonstrates that the broker is concerned about its clients’ ability to make well-informed trading decisions.

Market Ahead

PU Prime Market Ahead can keep you updated on important market information. The market forecast is an excellent approach to be ready for the forthcoming trading day.

Video Tutorials

Master the fundamentals of online trading and the financial markets by watching PU Prime’s short and simple video courses. These lessons cover a wide range of topics, including various markets, trading methods, technical analysis, and more.

Pacific Union Tutorial Videos
PU Prime Tutorial Videos

Trading Knowledge

PU Prime’s educational content allows you to broaden your trading knowledge and enhance your abilities, allowing you to trade with more confidence. These trading tips cover many subjects, including trading, market analysis, risk management, and more.

E-Books

PU Prime’s free eBooks can help you improve your trading abilities. They will teach you the fundamentals of trading from analysing the charts to managing positions. Thus, whether you’re a newbie trying to learn the basics or an experienced trader looking for new methods, there’s an eBook for you.

Pacific Union E-Books
PU Prime E-Books

Technical Analysis

You never have to miss an opportunity with PU Prime technical analysts’ high-impact economic event coverage and expert commentary.

Trading Signals

PU Prime trading signals can help you become aware of possible setups that you may have otherwise overlooked.

Trading Glossaries

By using the trading glossaries given by PU Prime, traders learn the most relevant terminology and definitions.

Seminars

Seminars by the PU Prime team are presented regularly in many regions. It is a fantastic chance for financial enthusiasts to widen their trading horizons and interact with some of the industry’s specialists.

Webinars

Finance professionals host webinars to assist you get a better understanding of certain markets, products, and the various trading platform technologies.

Economic Calendar

The economic calendar from PU Prime keeps you up to date on the most recent and important market movements. You may examine the impending news releases and the past, anticipated, and actual market impact. An economic calendar is frequently used as part of any trading strategy’s fundamental research. There is also a handy economic calendar implemented within the MT5 platform which I find more convenient to access as it saves needing to constantly switch between windows.

Currency Converter

You can speed up your trade by utilising the currency converter, which allows you to convert between different currencies using actual exchange rates.

Autochartist

Autochartist is an excellent technical analysis tool that is simple to use. It is a sophisticated trading companion that provides market insight to traders of all levels. It analyses marketplaces in real-time and sends alerts to you when trading possibilities arise. You can take your trading to the next level by arming yourself with a powerful analytical tool and find trading ideas that you may have otherwise missed. The Autochartist plugin is compatible with the MetaTrader 4 trading platform.

Pacific Union Autochartist
PU Prime Autochartist

I think this is a superb tool if you want to find customised trading signals and don’t want to look at charts all day long. It can simultaneously analyse multiple instruments, charts and timeframes for you and send you a notification when there is a valid setup according to your preset parameters. You won’t find it available through many brokers, FXTRADING.com being another who do have it.

PU Prime Research and Education Summary

ResourcesPU Prime
Market Analysis
Guides
Videos
Webinars
Autochartist
Trading Centralx
Economic Calendar
Other
PU Prime Resources

PU Prime Review

Deposit and Withdrawal

PU Prime offers a good range of flexible payment options for deposit and withdrawal, including wire transfers, credit/debit cards and electronic wallets. However, the broker does not accept or offer cryptocurrency transactions as a payment option at this time, but PaxForex do if that is something that you are looking for.

PU Prime Funding Summary

Payment MethodDepositWithdrawal
Wire Transfer
Credit/debit Card
Electronic Wallets
Cryptosxx
PU Prime Funding Options

PU Prime Review

Regulation and Safety

The Seychelles Financial Services Authority regulates PU Prime’s trading operations in the country. Other than that, no other government security exchange or authority authorise or regulates the broker. If you are looking for a broker that is regulated in multiple jurisdictions, then Markets.com are an option to consider.

PU Prime Regulation Summary

RegulatorPU Prime
ASIC (Australia)x
IIROC (Canada)x
CySEC (Cyprus)x
SFC (Hong Kong)x
JFSA (Japan)x
MAS (Singapore)x
FINMA (Switzerland)x
FCA (UK)x
CFTC (USA)x
Other (FSA)
PU Prime Regulators

PU Prime Safety

PU Prime is not listed on any stock exchange. Neither does it have a banking licence, nor does it disclose its financial statements publicly. Clients’ funds are always kept separate from the company’s capital and are given priority protection by the bank. They do not use the client’s funds for corporate operations under any circumstances. PU Prime does not accept clients from the US, Singapore, Australia, Cuba, Iran, and some other countries which you can see on their website.

PU Prime Review

Client Support

PU Prime’s multilingual customer service staff is standing by to assist you 24/5 during weekdays. They can be reached via phone, live chat, email, social media, or filling out an online form. However, I would prefer if they provided support on weekend like some brokers such as Hugo’s Way do. That being said, there is also an FAQ section in the help centre section of the website where you can get a quick answer to some common questions.

PU Prime Review

Conclusion

PU Prime is a Seychelles-based multi-asset broker. The broker gives you access to a good choice of financial products through sophisticated and user-friendly trading platforms with tight spreads, quick execution, cheap trading costs, and various payment options. To enhance the entire trading experience, a comprehensive set of trading tools and educational materials are also provided for new and seasoned traders alike. The broker is only regulated by Seychelles’ Financial Services Authority which may not be sufficient for some traders. If that is the case for you, then please feel free to browse our broker ratings for some alternative options. Other than that, I think they are certainly worth consideration and there is the option of a free demo account if you want to see what they have to offer without the risk.

Everything that you find on InvestingBrokers.com is based on information and data that is readily available from each broker that we have reviewed. We combine our 15+ years of industry experience with research, analysis and user feedback. This enables us to give an impartial and reliable broker rating. You can read more about our broker review process here.

PU Prime Review

FAQs

When was PU Prime founded?

PU Prime was founded in 2015.

Where is PU Prime located?

PU Prime is located in Seychelles.

Is PU Prime regulated?

PU Prime is regulated by the Seychelles Financial Services Authority.

What trading instruments does PU Prime offer?

PU Prime offers over 200 trading instruments over many asset classes such as forex, shares, commodities, indices, and cryptocurrencies.

What is the PU Prime minimum deposit?

PU Prime requires a minimum deposit of $50.

What trading platforms does PU Prime offer?

PU Prime offers MT4, MT5, and a mobile app.

What is PU Prime’s commission fee?

PU Prime charges a $7 commission per standard lot traded.

Does PU Prime charge an inactivity fee?

PU Prime does not charge an inactivity fee.

What are PU Prime’s spreads?

PU Prime offers variable spreads starting from 0.0 pip.

What funding options does PU Prime offer?

PU Prime offers wire transfers, debit/credit cards, and electronic wallets as funding options.

Does PU Prime offer demo trading?

Yes, PU Prime offers demo trading.

Does PU Prime offer Islamic accounts?

Yes, PU Prime offers Islamic accounts.

How do I contact PU Prime customer support?

You can contact PU Prime’s customer support 24/5 via live chat, phone, and email.
PU Prime Review
PU Prime Review
Minimum Deposit: $50
Richard Montana

Richard Montana

Richard has spent many years researching, testing, comparing and reviewing brokers. He has an extensive knowledge when it comes to understanding what to look for in a broker for trading and investing online.

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