Building an investment portfolio can take time and effort but having the right tools at your disposal makes a big difference. PU Prime is one such trading platform designed to give you more insight into your portfolio.
You’ll find plentiful resources to monitor and trade forex, indices, commodities, cryptocurrencies, and more. Let’s take a closer look to see if PU Prime is a good fit for you.
Quick Summary
- PU Prime is a robust trading platform with extensive analysis tools.
- You’ll find plenty of opportunities to trade and monitor a variety of assets.
- Although available in 120 countries, it’s unavailable to U.S.-based traders.
PU Prime Details | |
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Product Name | PU Prime |
Min Investment | From $20 to $10,000 |
Commissions | From $0 to $3.50 per side |
Investment Type | Forex, Indices, Commodities, Spot Metals, Shares, Bonds, Cryptocurrencies, ETFs |
Promotions | First Deposit Cash Back, Deposit Bonus |
What Is PU Prime?
PU Prime is an online broker that has been available since 2015. In that time, the platform has grown to provide multilingual services to 120 counties across the globe. PU Prime provides traders with access to FX, Commodities, Indices, Share, CFDs, and Bonds, but it isn’t available to make trades in the U.S.
As of October 2022, the PU Prime boasts over 200,000 registered accounts, 12+ billion in trades per day, and 19 offices around the world. The approximately 200 support specialists can help clients solve issues in 18 languages.
What Does It Offer?
PU Prime offers access to more than 800 tradable instruments within a secure trading environment. Here's a closer look at some of the main services it offers.
Robust Trading Platform
PU Prime offers a trading platform in multiple formats with robust features.
PU Social is an innovative app that allows you to easily log in and replicate the trading actions of other successful traders. PU Social is accessible on both Google Play and the Apple App Store, enabling you to access the strategies of thousands of proven traders.
Additionally, PU Prime provides access to Meta Trader 4 and 5, along with WebTrader. Traders can explore various financial markets, utilize Expert Advisors (EAs) for automated trading, access a wide range of indicators and risk management tools, and more.
Wide Range Of Assets
While building an investment portfolio, many choose to diversify with different kinds of assets. When you work with PU Prime, monitoring multiple types of assets is easy.
You’ll be able to monitor and trade on the following markets:
- Forex
- Indices
- Metals
- Commodities
- Shares
- Cryptocurrencies
- ETFs
- Bonds
As an investor, having access to a range of assets in one place is convenient.
Analysis Tools At Your Disposal
PU Prime offers its own unique market insights. Traders can access daily financial news, Technical Analysis, and a Weekly Outlook to gain further understanding of the financial industry and its fluctuations.
But the technical analysis tools are what you'll likely get the most value from. Access to expert analysis is designed to help you identify patterns and spot trends throughout your trading journey.
Autochartist
The Autocharist feature helps traders seize opportunities identified by PU Prime. It’s a top-class signal provider that can help you monitor where the market trends are heading. Within the technical analysis tool, powerful programs monitor market trends in real-time to spot trading opportunities. What's more, PU Prime's customers get free access to Autochartist.
With the Autochartist handling the deep research into a trade, you can focus on making trades. Plus, you can set up real-time alerts about trading opportunities.
PU Social
PU Prime includes a copy trading element through PU Social. Within PU Social, you’ll have the option to follow top traders and learn from others. You can log in and copy other traders' moves using one convenient app. The app allows you to set an auto-copy function, seizing the same opportunities as experienced traders.
If you're confident in your own trading abilities, you might share your own trading strategies. In some cases, PU Prime may pay you a commission for sharing your strategy.
Are There Any Fees?
PU Prime offers several different account types to suit your trading style and your budget. Here’s a look at the fees involved with each.
Minimum Deposit | Commissions/Fees | |
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Standard account | $50 | $0 |
Prime account | $1,000 | $3.50 per lot, per side |
Islamic account | $50 | No swap fees on overnight positions. |
Cent account | $20 minimum $1,000 maximum | $0 |
Pro | $50 | $0 |
ECN | $10,000 | $1 per side/lot |
While making trades, the spreads vary based on the asset. For example, you’ll find a spread between 0.023 and 0.008 on the Silver U.S. Dollar but a spread of 2.78 for a Bitcoin Cash coin.
How Do I Contact PU Prime?
If you want to get in touch with PU Prime, you can email info@puprime.com. Additionally, you can call +248 4373 105. You’ll be able to get a hold of someone over the phone any time of the day or night.
Overall, you should anticipate a pleasant experience with PU Prime. The company boasts high ratings on several platforms and is highly-awarded.
How Does PU Prime Compare?
PU Prime’s global reach makes it a strong option for anyone looking to invest while living outside of the U.S. The platform allows you to access tight spreads with rapid order execution. It also supports an extensive range of trading assets and premium features. With the help of PU Prime, you can manage your trading needs from around 120 countries. Unfortunately, you won’t have access to PU Prime if you live in the U.S.
However, PU Prime isn’t the only trading option. If you are looking for an app-based experience with a social element involved, the Public app is one option to consider. But keep in mind you won’t find an extensive number of trading tools and asset types available on Public.
If you are looking for a trading experience that comes with desktop functionality and extensive trading analysis tools, then consider Interactive Brokers.
Header | |||
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Rating | |||
Commissions | $0-$3.50 | $0 | $0 |
Min Investment | $20 to $10,000 | $0 | $0 |
Banking | |||
Cell | Cell |
How Do I Open An Account?
If you are ready to sign up with PU Prime, be prepared to provide details like your name, email, phone number, and country of residence. Depending on where you live, you may be required to provide additional information to finalize your account.
Also, don’t forget to gather the account details of your funding bank account. Although the exact amount you’ll need to transfer varies based on the type of account you choose, you’ll need to transfer at least $20 to get started.
Is It Safe And Secure?
PU Prime is regulated by the Financial Sector Conduct Authority (South Africa) and the Financial Service Authority (Seychelles). PU Prime ensures the safety of your trading account funds by holding them in segregated bank accounts with AA-rated financial institutions. Additionally, the security of your personal information is upheld through SSL technology and encryption, which are employed by PU Prime for processing registration information and payments, guaranteeing a high level of security.
Is It Worth It?
PU Prime is ideal for traders of all experience levels who want the opportunity to access tight spreads and fast order execution. It’s an excellent option for those looking to build an investment portfolio while living outside of the U.S. But if you live in the U.S., you’ll need to seek out another trading platform.
If you are looking for a free platform to build your investment portfolio, then check out the 5 best investing apps that are free.
PU Prime Features
Investment Type | Forex, Indices, Metals, Commodities, Cryptocurrencies, Shares, ETFs, Bonds |
Minimum Investment |
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Commissions |
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Customer Service Number | +248 4373 105 |
Customer Service Availability | 24/7 |
Customer Service Email | |
Mobile App Availability | |
Web/Desktop Account Access | Yes |
Other Notable Features |
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Trustpilot Rating | |
Promotions |
PU Prime Review
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Commissions and Fees
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Ease of Use
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Availability in the U.S.
Overall
Summary
PU Prime is a trading platform designed to give you more insight into your portfolio. You’ll find plenty of resources to monitor and trade forex, indices, commodities, cryptocurrencies, and more.
Pros
- Diverse Account Offerings
- Powerful Mobile App
- Advanced Charting Tools
- 24/7 Multi-Lingual Support
Cons
- Not available in the U.S.
- Could expand its regulatory coverage
Sarah Sharkey is a personal finance writer covering banking, insurance, credit cards, mortgages and student loans. She has written for numerous finance publications, including MagnifyMoney, Business Insider and ChooseFI. Her blog, Adventurous Adulting, helps young adults get a handle on their finances.
Editor: Claire Tak