Independent broker review · Updated 20 July 2026
PU Prime: a CFD broker with aggressive ECN pricing and a broad catalogue, but no top-tier regulator and no UAE licence? My 2026 review
A CFD broker with aggressive ECN pricing and a broad catalogue, but no top-tier regulator: offshore licences only, not regulated in the UAE.
Our take
My take on PU Prime
Launched in 2015 as Pacific Union before becoming PU Prime, this CFD broker operates from Mauritius and the Seychelles under the licences of the Mauritian Financial Services Commission (FSC) and the Seychellois Financial Services Authority (FSA). The catalogue exceeds 2,000 instruments across forex, stocks and ETFs as CFDs, indices, commodities and cryptocurrencies, accessible from MetaTrader 4 and MetaTrader 5.
We list PU Prime as a reference, not as a recommended partner for the UAE: the broker is not regulated by the SCA, the DFSA or the FSRA, nor by any top-tier regulator such as the FCA. Its ECN pricing is competitive, but that has to be weighed against a regulatory framework that is markedly less protective than a locally regulated broker.
“Tight ECN spreads and a broad catalogue, but no top-tier regulator and no UAE licence behind the pricing promise. ”
— Roch de Montesquieu, Research Analyst · Fees, Data, Transparency
Why trust HelloBrokers?
This review is not a copy-paste of PU Prime's marketing page. We tested the platforms, modelled the cost of a typical trade down to the pip, and benchmarked PU Prime against the 7 brokers in our comparison. A broker is judged on verifiable figures, not marketing promises.
The essentials
PU Prime at a glance
Key characteristics, verified on 20 July 2026.
Safety & regulation
Is your money safe?
PU Prime, a brand of the Pacific Union group, operates under two offshore licences: the Financial Services Commission (FSC) of Mauritius and the Financial Services Authority (FSA) of the Seychelles. Neither of these jurisdictions is a top-tier regulator, and the broker holds no licence in the UAE: it is not authorised by the SCA, the DFSA in the DIFC or the FSRA in ADGM. Client accounts are segregated under the requirements of the Mauritian and Seychellois regulators, but this protection sits outside the scope of any UAE deposit guarantee. The broker announces negative balance protection, without public detail on exactly how it works.
🔒 HelloBrokers safety score: 2.0 / 5
Fees & spreads
What does it really cost?
PU Prime's pricing follows two logics. The Standard account has no commission, with spreads from 1.3 pips on EUR/USD. The ECN/Prime account reverses the formula: spreads from 0.0 pips, against a fixed commission of 3.50 USD per lot traded. On crypto CFDs, spreads start at 0.2%. Account opening and deposits are free, but an inactivity fee of 10 USD per month applies after 6 months without a transaction.
On withdrawals, only the first of each month is free: the rest bear the bank fees specific to the chosen payment method. An active trader who favours the ECN account can benefit from tight pricing, but an occasional user should watch the inactivity and withdrawal fees closely.
Instruments & markets covered
Instruments & markets covered
The PU Prime catalogue exceeds 2,000 instruments: more than 50 forex pairs, around 300 stocks as CFDs, about 50 ETFs as CFDs, around 20 indices, about 10 commodities and around 20 cryptocurrencies as CFDs. Everything trades on MetaTrader 4 and MetaTrader 5, complemented by a proprietary mobile app on iOS and Android, with copy trading to replicate third-party strategies.
Leverage runs up to 1:500 on forex, 1:100 on indices and commodities, and 1:20 on stocks, ETFs and cryptocurrencies as CFDs, depending on the client profile. An unlimited free demo account allows the platform to be tested before any real deposit, alongside Cent, Standard, ECN/Prime and Islamic (swap-free) accounts.
See instruments by class in detail
| Asset class | Count | Examples |
|---|---|---|
| Forex | 50+ pairs | Majors, minors and exotics |
| Stocks (CFD) | Around 300 | Main international stock exchanges |
| ETFs (CFD) | Around 50 | International index trackers |
| Indices | Around 20 | Main global stock indices |
| Commodities | Around 10 | Gold, silver, oil |
| Cryptocurrencies (CFD) | Around 20 | Bitcoin, Ethereum and the main altcoins, as CFDs only |
What PU Prime offers
Capabilities, in plain terms
Covered, partial or not covered. No spin.
- Spot stocks and ETFs ✗ No Available only as CFDs, with no direct ownership
- Forex, indices, commodities (CFD) ✓ Yes More than 2,000 instruments in total
- Cryptocurrencies ~ Partial Around 20 assets as CFDs only, with no wallet or direct ownership
- MetaTrader 4 and 5 ✓ Yes
- Copy trading ✓ Yes Via the PU Prime mobile app
- Demo account ✓ Yes Unlimited and free
- Islamic account (swap-free) ✓ Yes
- UAE regulation (SCA / DFSA / FSRA) ✗ No FSC (Mauritius) and FSA (Seychelles) licences only
Trading platforms
Trading platforms
-
MetaTrader 4
- Automated trading via Expert Advisors
- Compatible with the Cent, Standard and ECN/Prime accounts
- iOS/Android mobile app
-
MetaTrader 5
- Advanced automation via MQL5
- Market depth on certain instruments
- Multi-asset on a single account
-
PU Prime app
- Account management and order placement on mobile
- Built-in copy trading
- iOS and Android
Who this broker is for
Who this broker is for
-
Technical trader or scalper
The ECN/Prime account, with spreads from 0.0 pips and a fixed commission of 3.50 USD per lot, targets this profile, used to assessing an offshore regulatory framework with full awareness.
-
Beginner with a small budget
The Cent account, accessible from 20 USD, allows a start with limited capital, but without the safety net of a top-tier regulator.
-
UAE investor looking for regulatory security
This profile is better served by a regulated partner such as eToro or Pepperstone, which offer a more robust protection framework than the FSC and FSA licences of PU Prime.
Comparison
PU Prime vs the alternatives
The right choice depends on your profile. Here is how PU Prime stands against the brokers we feature.
① The HelloBrokers ranking
overall score /5 · click to read the review
The verdict
The verdict
PU Prime offers competitive ECN pricing and a broad catalogue of more than 2,000 instruments on proven MetaTrader platforms. That profile can appeal to a technical trader looking for tight spreads and willing to accept an offshore regulatory framework. The point that weighs most in our assessment is the absence of a top-tier regulator: the broker operates under FSC (Mauritius) and FSA (Seychelles) licences only, is not regulated by the SCA, the DFSA or the FSRA, and carries no UAE deposit guarantee. For an investor in the UAE who wants the security of a solid regulatory framework, we recommend eToro or Pepperstone instead, two partners better suited to a first account or regular use. You can compare the fully regulated options in our UAE comparator.
Our recommended alternatives
Our recommended alternatives
For most retail investors, these partner brokers are a better fit.
-
Accessible minimum deposit, copy trading built in, and crypto held in direct ownership for those who want to move beyond CFD-only exposure.
See eToro → -
A CFD and forex broker with strong regulatory oversight and tight spreads, better suited to a first account or regular use than an offshore-only broker.
See Pepperstone →
Frequently asked questions
FAQ PU Prime
Is PU Prime reliable?
PU Prime is not regulated by the SCA, the DFSA or the FSRA, nor by any top-tier regulator such as the FCA. The broker operates under the licences of the Financial Services Commission (FSC) of Mauritius and the Financial Services Authority (FSA) of the Seychelles, two offshore jurisdictions whose requirements sit well below those of a top-tier regulator.
Why choose PU Prime?
For the pricing of its ECN/Prime account, with spreads from 0.0 pips on EUR/USD and a fixed commission of 3.50 USD per lot, and for the breadth of its catalogue of more than 2,000 instruments. It can suit an experienced trader, provided they accept the absence of a top-tier regulator and any UAE licence.
What are the fees at PU Prime?
The Standard account charges no commission but applies spreads from 1.3 pips on EUR/USD. The ECN/Prime account reverses the logic: spreads from 0.0 pips plus a 3.50 USD commission per lot. An inactivity fee of 10 USD per month applies after 6 months without any operation, and only the first withdrawal of the month is free.
Who is PU Prime for?
A technical trader or scalper looking for tight spreads on an ECN account and willing to trade outside a top-tier regulatory framework. An investor in the UAE who wants the security of a locally regulated broker will prefer another option from our comparator.
Is it easy to withdraw from PU Prime?
The first withdrawal of the month is free; subsequent withdrawals bear the bank fees of the payment method used. Support is available Monday to Friday, by email, phone and online form.
Sources
- PU Prime, pricing schedule and account types — puprime.com, account and fee pages, accessed 2026
- FSC Mauritius licence — Financial Services Commission, Mauritius, PU Prime licence
- FSA Seychelles licence — Financial Services Authority, Seychelles, PU Prime licence
The author of this review
Who wrote this analysis?