
PU Prime
Multi-entity broker (ASIC/FSCA/FSA/FSC) — $20 min deposit, 4 account tiers, MT4/MT5/App.
CFD trading involves risk. 62.2% of retail investor accounts lose money when trading CFDs with this provider — this figure is set by the broker and updated periodically. This is an affiliate review.
HNL Growth Score
Based on independent research
✓ Highly Trusted
Our Rating Breakdown
Updated August 2026 · Independent analysis
Scores are based on independent research, live-account testing, regulatory analysis, and 12,000+ verified Trustpilot reviews — updated quarterly.
Pros & Cons
What We Like
- Low entry point — $20 minimum deposit (Cent account)
- ASIC-regulated entity available for Australian clients (Tier 1)
- FSCA-regulated entity available for South African clients (Tier 2)
- 4 account tiers to match different trading styles and budgets
- ECN account: from 0.0 pips + $1.00/lot/side — competitive for high-volume traders
- MT4, MT5 and a proprietary mobile app supported
- Negative balance protection for retail clients
- Swap-free (Islamic) accounts available
- Copy trading supported
- Operating since 2015 under multiple licensed entities
Watch Out For
- No single unified regulator — protections vary sharply by entity
- Most international clients are onboarded to offshore entities (FSA Seychelles / FSC Mauritius) with lighter oversight
- ECN account requires a $10,000 minimum — out of reach for most retail traders
- Standard/Cent spreads are wider (from 1.3 pips) with no commission-based alternative below $1,000
- Lloyd's insurance and fund-segregation claims are broker-published, not independently audited
- FCA, CySEC and Canadian provincial regulation are not part of the licence set
What Is PU Prime?
PU Prime is a multi-entity forex & CFD broker operating since 2015, licensed separately by ASIC (Australia), FSCA (South Africa), FSA (Seychelles) and FSC (Mauritius). Which entity onboards you depends on your country of residence, and that determines your leverage cap and client protections. Four account tiers (Cent, Standard, Prime, ECN) range from a $20 minimum deposit up to $10,000 for the tightest ECN pricing, with MT4, MT5 and a proprietary mobile app supported across the group.
Founded in 2015 and headquartered in Australia / Seychelles / Mauritius / South Africa, PU Prime has grown into one of the most trusted multi-asset brokers globally, serving Hundreds of thousands traders across 170+ countries. The broker holds regulatory licenses from ASIC (Australia), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius), achieving a Trust Score of 78/99 — placing it in the "Highly Trusted" category. Clients are further protected by Lloyd's of London indemnity insurance for up to $1M per claimant.
Regulation & Safety
Account Types & Fees
No deposit or withdrawal fees on any account. Swap-free (Islamic) accounts available in select regions.
Trading Conditions
Platforms & Tools
Deposits & Withdrawals
Community Reviews
Started on the Cent account with $20 to test my strategy live, then moved to Standard. Spreads are fine for casual trading. Support took a while to confirm my entity but got there eventually.
FSCA regulation gave me confidence to deposit. MT5 execution has been reliable and withdrawals via card came through in about 2 business days. Wish the ECN minimum was lower.
Being under the ASIC entity matters to me — 1:30 leverage cap is a fair trade-off for the protection. Platform choice (MT4/MT5) is solid, app is decent for checking positions on the go.
Frequently Asked Questions
Is PU Prime regulated and safe?
PU Prime operates under multiple separate regulatory licenses — ASIC (Australia, AFSL 410681), FSCA (South Africa, FSP 52218), FSA Seychelles (SD050), FSC Mauritius (GB23202672) — not one unified global license. No single regulator supervises the entire group. Which entity onboards you depends on your country of residence, and that determines your leverage cap and level of client protection. Confirm your entity and verify its current license status on the relevant regulator's own public register before funding.
What is the minimum deposit at PU Prime?
Just $20 for the Cent account — the lowest entry point across its four tiers. The Standard account requires $50, the Prime account $1,000, and the ECN account $10,000. The Cent account uses the same spread model as Standard but denominates balances and position sizes in USC (US Cents), useful for testing strategies with minimal capital exposure.
Which trading platforms does PU Prime support?
PU Prime supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus a proprietary PU Prime mobile app for iOS and Android. EAs and automated strategies are supported on MT4/MT5; specific restrictions by account type should be confirmed directly with PU Prime before deploying automated strategies on a live account.
What leverage does PU Prime offer?
Leverage depends on the entity that onboards you. Clients under the ASIC-regulated entity (Australia) are capped at 1:30 on major forex pairs — a regulatory requirement, not a broker choice. Clients under the FSA Seychelles or FSC Mauritius entities may access leverage up to 1:1000. Confirm which entity governs your account before assuming a leverage figure applies.
How much does it cost to trade on PU Prime's Prime and ECN accounts?
The Prime account charges $3.50 per lot per side ($7.00 round turn) plus a tighter spread from 0.0 pips. The ECN account charges $1.00 per lot per side (per PU Prime's official account types page; some secondary sources cite $1.50 — verify the current rate directly before opening the account) plus a similarly tight spread. Both cost less per lot than Standard for high-volume traders, but only once trading frequency is high enough to offset the fixed commission.
Does PU Prime offer negative balance protection and segregated funds?
PU Prime states that client funds are held in segregated accounts and that negative balance protection applies to retail clients and elective professional clients, per its fee-charges page. PU Prime also references Lloyd's of London insurance coverage up to $1,000,000 on its homepage. These are broker-published statements; no independent third-party audit confirming scope or eligibility was available in the sources reviewed — ask PU Prime directly to confirm in writing how these apply to your specific entity and account type.
Which PU Prime entity will hold my account?
It depends on your country of residence at signup. Australian clients are typically onboarded to the ASIC-regulated entity (PT Prime Global Markets Pty Ltd, AFSL 410681). South African clients may be onboarded under the FSCA-regulated entity (FSP 52218). Most other international clients are onboarded to PU Prime Limited (FSA Seychelles, SD050) or Prime Capital Group Limited (FSC Mauritius, GB23202672). Confirm the exact entity name shown on your account agreement and check it against that regulator's own public register.
Does PU Prime charge deposit or withdrawal fees?
E-wallet and card withdrawals are typically processed within 1–3 business days broker-side; bank wire withdrawals are typically 3–7 business days broker-side, plus additional bank processing time. PU Prime's guide states the first international wire transfer each month is free, with a fee applying to additional wire withdrawals within the same month. Confirm current fees and processing times directly with PU Prime before funding, as these are broker-stated policy targets, not guarantees.
Our Final Verdict
HNL Growth editorial team — August 2026
Overall Rating
PU Prime is not one broker with one regulator — it is a group of separately licensed entities, and which one holds your account depends on where you live. ASIC-onboarded clients (Australia) get Tier-1 oversight with a 1:30 leverage cap; most international clients are onboarded to the Seychelles (FSA) or Mauritius (FSC) entities, which carry lighter oversight but allow leverage up to 1:1000. Costs are competitive on the Prime and ECN tiers for high-volume traders, but the $10,000 ECN minimum puts it out of reach for most retail traders. Confirm which entity will hold your account before funding. As a Tier-1 regulated broker with ASIC + FSCA oversight, a competitive Raw ECN account starting from just $20, full MT4, MT5, PU Prime App platform suite, and zero deposit or withdrawal fees, PU Prime stands out as one of the best-value forex and CFD brokers in 2026 — especially for active retail traders who need tight spreads and reliable execution.
PU Prime