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PU Prime

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Seychelles

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2015 (9 Years)

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This broker is currently unregulated.

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Company Information

Get to know PU Prime

Since being founded in 2015, PU Prime has grown into a world-leading online broker. The company offers over 200 products, whilst delivering an innovative trading facility for assets such as forex, indices, commodities, shares and cryptocurrencies. As a service-focused online brokerage, we provide multilingual services to 120 countries and regions.

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TrustFinance Intelligence Agency

Research date: Thg 11 28, 2024

PU Prime, an online forex trading platform, has received 12 industry awards for 2022 from well-known international organizations. The awards reflect best-in-class achievements under various criteria. The company has also made significant progress in global expansion plans, added new products, and launched promotions for customers. PU Prime serves over 200,000 customers in over 120 countries and provides support in 17 languages. The company is committed to staying at the forefront of technology in the financial markets.

PU Prime, an online forex trading platform, has received 12 industry awards for 2022 from well-known international organizations. The awards reflect best-in-class achievements under various criteria. The company has also made significant progress in global expansion plans, added new products, and launched promotions for customers. PU Prime serves over 200,000 customers in over 120 countries and provides support in 17 languages. The company is committed to staying at the forefront of technology in the financial markets.

The article discusses the top 10 investment platforms to try in 2023, highlighting their unique features and best for ratings. These platforms offer a variety of services, from low commission and customer support to innovative trading tools and international stock trading. Some platforms cater to beginners, while others focus on providing low-cost trading fees or free stock and ETF trading. The article also mentions the challenges in the investment space and how fintech solutions are offering alternative pathways to wealth creation. Overall, the marketplace for investment platforms is booming with a diverse range of options available.

The article discusses the top 10 investment platforms to try in 2023, highlighting their unique features and best for ratings. These platforms offer a variety of services, from low commission and customer support to innovative trading tools and international stock trading. Some platforms cater to beginners, while others focus on providing low-cost trading fees or free stock and ETF trading. The article also mentions the challenges in the investment space and how fintech solutions are offering alternative pathways to wealth creation. Overall, the marketplace for investment platforms is booming with a diverse range of options available.

The website provides a comprehensive guide on choosing the right online broker, highlighting the advantages and disadvantages of using online brokers. It emphasizes the importance of selecting a reputable and regulated platform, and provides tips on how to identify regulated online brokers. The article also lists key factors to consider when choosing an online broker, such as technology, customer service, research tools, withdrawal and deposit times, and fees and commissions. It concludes by advising readers to conduct thorough research before selecting an online broker.

The website provides a comprehensive guide on choosing the right online broker, highlighting the advantages and disadvantages of using online brokers. It emphasizes the importance of selecting a reputable and regulated platform, and provides tips on how to identify regulated online brokers. The article also lists key factors to consider when choosing an online broker, such as technology, customer service, research tools, withdrawal and deposit times, and fees and commissions. It concludes by advising readers to conduct thorough research before selecting an online broker.

The Reserve Bank of India (RBI) has identified 18 additional internet domains and one mobile application as illegal foreign exchange trading platforms. This increases the total number of identified providers to 75. These entities are not authorized to deal in foreign exchange under the Foreign Exchange Management Act (FEMA) and are also prohibited from operating electronic trading platforms for forex transactions. Despite issuing alerts, RBI cannot shut down these websites as they are registered overseas in countries where they are legal.

The Reserve Bank of India (RBI) has identified 18 additional internet domains and one mobile application as illegal foreign exchange trading platforms. This increases the total number of identified providers to 75. These entities are not authorized to deal in foreign exchange under the Foreign Exchange Management Act (FEMA) and are also prohibited from operating electronic trading platforms for forex transactions. Despite issuing alerts, RBI cannot shut down these websites as they are registered overseas in countries where they are legal.

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Summarization

PU Prime Review: Is PU Prime Broker Good?

Broker overview and general information

PU Prime is a broker that offers CFDs on a variety of assets, including Forex, commodities, stocks, and bonds, allowing investors to access trading quickly, access important information, create good trading strategies, and diversify risks well.


Licenses that brokers have obtained

If you ask whether PU Prime is good or not, you have to start by considering the license factor first, which has the following licenses:

  • Financial Services Authority (FSA Seychelles) License No. SD050 under PU Prime Limited.

  • Mauritius' Financial Services Commission (FSC) License No. GB23202672 under PU PRIME LTD.

  • Financial Sector Conduct Authority (FSCA) License No. 52218 under PU PRIME (PTY) LTD.


Products and services from brokers

Trading products

Brokers offer a wide range of investment products to suit all needs, covering Forex, metals, indices, commodities, stocks, ETFs and bonds.

  • Trade Forex: Access the world's largest financial market, with over $5 trillion traded every day. Trade Forex with PU Prime. Leverage up to 1:1000 allows traders to multiply their profits.

  • Stocks: Speculate on the price movements of hundreds of companies around the world. Commissions on US stocks are 0. Leverage is 1:20. Profit from both Buy and Sell without owning the stock.

  • Indices: Trade CFDs on global indices, available for trading up to 23 hours a day, with indices like the US, FSTE 100 and Nikkei 225, and leverage up to 1:500.

  • Metals: Low cost, pay only 0.7 Pips and can adjust Leverage up to 1:1000 to multiply profits with Gold bars to Spot Gold for investors to choose to buy according to the rhythm of the market news.

  • Commodities: Take advantage of market volatility by speculating on a wide range of commodities such as crude oil and natural gas, with leverage up to 1:500 on Crude Oil CFDs on PU Prime.

  • ETFs: Diversify your trading. Spread your risk with exchange-traded funds (ETFs) across multiple markets including stocks, indices, commodities and bonds with the highest liquidity and leverage up to 1:33.

  • Bonds: Trade CFDs on debt instruments such as US Treasury bills, Euribor and German Bunds. Take leveraged positions without owning or taking delivery of the underlying asset.


Trading Platform

Investors can invest through 4 platforms as follows:

  1. PU Prime AppAccess to trade quickly, anywhere, anytime with the broker's own application that is easy to use and has trading tools to help investors at every step. With 24-hour service from the team, it can be used on both iOS and Android.

  2. MT4:MetaTrader 4A basic trading program suitable for all new investors. Easy to use, convenient, fast, the most convenient platform to start trading.

  3. MT5:MetaTrader 5A trading program for sophisticated investors, which is a highly popular platform and is a continuation of MetaTrader 4, with more detail and more trading tools, making MT5 a widely used trading platform.

  4. WebTraderIncrease convenience for investors by trading via web browser, eliminating the need to install complicated programs. Combine the MT4 and MT5 systems together to make trading more efficient.


Account Type Review

Investor account types are divided into 4 types: Standard, Prime, ECN and Cent accounts.

Standard Account

  • Minimum deposit $50

  • Spread starts at 1.3 Pips

  • Commission 0$

  • Maximum leverage 1:1000

  • Have an Islamic account

Prime Account

  • Minimum deposit $1000

  • Spread starts at 0.0 Pips

  • Commission 3.5$ per side/lot

  • Maximum leverage 1:1000

  • Have an Islamic account

ECN Account

  • Minimum deposit $10000

  • Spread starts at 0.0 Pips

  • Commission 1$ per side/lot

  • Maximum leverage 1:1000

  • No Islamic accounts

Cent Account

  • Minimum deposit $20

  • Spread starts at 1.3 Pips

  • Commission 0$

  • Maximum leverage 1:1000

  • Have an Islamic account


Deposit and Withdrawal Review

Supported deposit/withdrawal channels

  • International Banking Transfer

  • Electronic Wallet

  • CryptoCurrency

  • VISA

  • MasterCard

  • Local Bank Transfer

⚠️WARNING: There are negative reports of users talking about withdrawal issues where they did not receive their funds after months of requesting them, even after submitting all the required documents and evidence.


Advantages and disadvantages of PU Prime

strength

  • Wide range of tradable assets

  • Multiple trading platforms

  • There are 4 account types to choose from.

weakness

  • High minimum deposit compared to other brokers

  • Some account types have relatively high commission fees.

  • Delayed withdrawals

  • Customer support is slow to respond and cannot help with the issue.


Office location and contact channels

For foreign investors or Thai investors who want to invest with the broker, you can contact the customer service department 24 hours a day through this channel.

  • Email: [email protected] 

  • Website:https://th.puprime.com/

  • Facebook:https://web.facebook.com/puprime 

  • Instagram: https://www.instagram.com/puprime_official

  • X (Twitter):https://twitter.com/puprime

  • YouTube:https://www.youtube.com/@puprime

  • TikTok :https://www.tiktok.com/@puprime

  • LinkedIn:https://www.linkedin.com/company/puprime/

  • Supported languages:English, Polish, French, Italian, German, Russian, Spanish, Portuguese, Vietnamese, Malay, Indonesian, Chinese, Japanese, Korean, Thai

⚠️WARNING: There are negative user reports about slow response of customer support and inability to solve various problems, such as some users lost money in their trading account. When asking customer support, they did not get a clear answer as to where the money went.


Broker Overview Summary

Overall, the PU Prime broker is an interesting Forex broker, both in terms of a variety of trading assets and the PU Prime App, which is an application that supports customers, making it more convenient for investors. However, there is a significant disadvantage in terms of deposit and withdrawal channels, which are not clearly specified. However, from the survey, there were reports that users mentioned problems with slow withdrawals and lack of assistance from customer support. Therefore, it is necessary to check the information or reviews before deciding to invest.


Frequently Asked Questions about PU Prime

  1. What platforms can I trade Forex with PU Prime on?

answer: You can trade via PU Prime App, MetaTrader 4, MetaTrader 5 and WebTrader.

  1. How many types of accounts are there to choose from?

answer: There are 4 types of accounts to choose from: Standard, Prime, ECN and Cent accounts.

  1. What assets are available for trading?

answer: Providing trading services in assets, Forex, Metals, Indices, Commodities, Stocks, ETFs and Bonds.


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PU Prime Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide which broker suits your needs.

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