PU Prime — where it wins, where it loses
PU Prime does not currently take a column outright against this field. No column in our set puts it behind the field. Priced across ten round-turn EUR/USD lots it comes 35 of 39 in this field.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
No column where PU Prime takes the field outright.
Loses on
No column in this set puts PU Prime behind the field.
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| FSA Seychelles | SD050 | Seychelles | Tier 3 | PU Prime Limited (reg. 8426654-1) | puprime.com |
| FSC Mauritius | GB23202672 | Mauritius | Tier 3 | PU Prime Ltd | puprime.com |
| FSCA | FSP 52218 | South Africa | Tier 2 | PU Prime (Pty) Ltd | puprime.com |
| ASIC | 410681 | Australia | Tier 1 | PU Prime Trading Pty Ltd (ABN 63 151 613 839; formerly Admirals AU Pty Ltd, formerly Admiral Markets Pty Ltd) | search-afsl.com |
Checkable
Facts the comparison runs on
On the record
- PU Prime's regulation page states it has been a regulated broker since 2015 and is overseen by the FSA (Seychelles), FSCA (South Africa), FSC (Mauritius) and CMA (UAE).
- PU Prime Limited holds FSA Seychelles Securities Dealer licence SD050 under registration number 8426654-1.
- PU Prime Ltd is stated in the group privacy policy to be an investment dealer authorised by the FSC of Mauritius under licence GB23202672.
- PU Prime (Pty) Ltd is a South African Financial Services Provider under FSCA FSP number 52218.
- PU Prime acquired Admirals' Australian unit in early 2025. The ASIC AFS licensee register shows AFSL 410681 — first issued on 19 January 2012 — now held by PU Prime Trading Pty Ltd, after the licensee was renamed from Admirals AU Pty Ltd on 25 January 2025 (licence record: https://search-afsl.com/PU+Prime+Trading+Pty+ltd/afs-licensee/410681; name history: https://abr.business.gov.au/AbnHistory/View/63151613839).
- PU Prime also names PU Prime LLC among its legal entities; that entity's jurisdiction and any registration number were not confirmed for this record.
- PU Prime's regulation page states the broker has been regulated since 2015 and lists FSA Seychelles licence SD050, FSC Mauritius licence GB23202672, FSCA South Africa FSP 52218 and CMA UAE licence 20200000388, with the FSA entity's registered address at CT House, Office 1A, Providence, Mahe, Seychelles (https://www.puprime.com/regulation/).
- PU Prime's account page lists four account types — Standard (USD 50 minimum deposit), Prime (USD 1,000), ECN (USD 10,000) and Cent (USD 20) — all with leverage up to 1:1000 and stated spreads from 1.3 pips on Standard and Cent (https://www.puprime.com/account-types/).
- PU Prime's FSA Client Service Agreement (clause 12) pledges client money and security to the broker as security for client liabilities, and its risk warning states clients 'can lose more than [their] invested capital' and 'may be required to make further payments'; the agreement contains no client-funds segregation or negative-balance-protection clause (https://www.puprime.com/pdf/0628/PU_Prime_FSA_Client_Service_Agreement_26.pdf).
- PU Prime's regulation-page FAQ lists an ASIC licence (licence no. 410681), although the page's main regulatory section does not name the Australian entity (https://www.puprime.com/regulation/).
| Trading since | 2015 |
|---|---|
| Base | Mahe, Seychelles |
| Minimum to open | not verified |
| Leverage cap | up to 1:1000 |
| EUR/USD | 1.30 pips |
| Terminals | MT4, MT5, PU Prime App, PU Web Trader |
| Account tiers | Standard, Prime, ECN, Cent |
| Markets | Forex, Metals, Indices, Commodities, Shares, ETFs, Bonds, Synthetic Indices |
| Record confidence | medium |
| Matchup-ready | no — too many gaps to run a fair head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- founded
- hq
- minDeposit
- maxLeverage
- spreadEurusd
- segregatedFunds
- negativeBalanceProtection
- publiclyListed
- PU Prime LLC jurisdiction and registration number
- accountTypes (names taken from secondary sources)
- headquarters
- negative balance protection
- minDeposit — varies by account type: USD 20 (Cent), USD 50 (Standard), USD 1,000 (Prime), USD 10,000 (ECN); no single figure.
- spreadEurusd — 1.3 pips is the 'From' figure on the Standard/Cent accounts, not a measured average and not explicitly labelled EURUSD; Prime/ECN advertise 'From 0.0 pips' (raw/commission).
- segregatedFunds — the FSA Client Service Agreement contains no client-funds segregation clause and instead pledges client security to the broker (clause 12); marketing pages claim fund protection, but the legal document does not state segregation. Left null.
- publiclyListed — no exchange listing, ticker or investor-relations page could be found for PU Prime; a private-company 'false' could not be sourced to a primary page. Left null.
- hq — the FSA entity's registered address (Mahe, Seychelles) was used; the group's regulation page also lists registered addresses in Ebene (Mauritius), Cape Town (South Africa) and Dubai (UAE) for its other entities.
- founded — 2015 is the broker's own 'regulated since 2015' statement on its regulation page, not an independently registry-verified date.
- legalEntities sourceUrls on puprime.com return HTTP 403 to plain curl (bot protection) but load via other fetch paths; none listed as dead.
Costs less
Who beats PU Prime on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.