Independent broker review · Updated July 27, 2026

PU Prime: multi-asset CFD broker with a low entry point and MetaTrader platforms? My 2026 review

A low-cost, multi-asset CFD broker on MT4 and MT5, but with only offshore and international licences rather than CIRO registration in Canada.

4.2/5 HelloBrokers score Score breakdown ↓
Regulation3.0
Fees4.6
Platform4.4
Offering4.5
Client experience4.2

Our take

My take on PU Prime

PU Prime, a brand of the Pacific Union group launched in 2015, is a multi-asset CFD broker operating out of Mauritius. It pairs a low entry point, from $20 on the Cent account, with a catalogue of more than 1,400 instruments across forex, stock, index, ETF, commodity and crypto CFDs, all traded on MetaTrader 4 and MetaTrader 5 with copy trading.

For a Canadian trader the pricing and breadth are the draw, particularly the tighter ECN spreads. The trade-off is regulation. PU Prime operates through offshore licences (FSC Mauritius, FSA Seychelles) alongside ASIC and FSCA entities, and is not registered with CIRO, Canada's investment regulator, so accounts sit outside CIPF investor protection.

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 4 brokers in our comparison. A broker is judged on verifiable figures, not marketing promises.

4brokers compared on the same criteria
0.0 pipcosts modelled to the pip, not estimated
1×/monthpricing grids re-checked
$0the review stays free for you
Our scoring methodology →

The essentials

PU Prime at a glance

Key characteristics, verified on July 27, 2026.

Minimum deposit $50 CAD (Standard/ECN accounts), $20 (Cent account)
Regulation FSC Mauritius · FSA Seychelles · ASIC · FSCA
Demo account Unlimited and free
Withdrawal fees No broker withdrawal fee on most methods; currency conversion may apply
Deposit fees No deposit fee on most methods; swap charges apply on positions held overnight
Copy trading Available
Mobile apps PU Prime app and MetaTrader, iOS and Android
Founded · HQ 2015 · Mauritius (Pacific Union group)
Trustpilot 4.5 / 5 (1,267+ reviews)

Safety & regulation

Is your money safe?

PU Prime operates through several entities. Some are licensed offshore, by the Financial Services Commission (FSC) of Mauritius and the Financial Services Authority (FSA) of the Seychelles; others are regulated by ASIC in Australia and the FSCA in South Africa. Client funds are segregated as required by the relevant regulator, and the broker advertises negative balance protection. For investors in Canada the structure matters. None of these regulators is CIRO, the Canadian Investment Regulatory Organization, and none of these entities is overseen by the provincial securities commissions that make up the CSA. Accounts are not covered by CIPF. PU Prime serves Canadian clients cross-border, so the level of protection depends on the entity that holds your account and the recourse is lower than with a locally registered broker.

Operating entityPU Prime operates through offshore entities (FSC Mauritius, FSA Seychelles) and ASIC/FSCA entities; Canadian clients are served cross-border
Fund segregationClient accounts segregated as required by the relevant regulator
Negative balance protectionNegative balance protection advertised by the broker
Regulatory licenceNot registered with CIRO (Canadian Investment Regulatory Organization) and not covered by CIPF. PU Prime is supervised only by offshore and international regulators.

🔒 HelloBrokers safety score: 3.0 / 5

Fees & spreads

What does it really cost?

PU Prime runs two pricing models. The Standard account charges no commission, with spreads from about 1.5 pips on EUR/USD. The ECN account tightens spreads to about 0.2 pips against a per-lot commission. There is no deposit or withdrawal fee on most methods, though currency conversion can apply and swap charges accrue on positions held overnight.

For a Canadian resident, gains realised on a CFD account are generally taxable and you must declare them to the CRA yourself, since an offshore broker does not withhold Canadian tax. This is not tax advice.

Instruments & markets covered

Instruments & markets covered

PU Prime's catalogue exceeds 1,400 instruments: forex, plus stock, index, ETF, commodity and crypto CFDs, on MetaTrader 4, MetaTrader 5 and a proprietary web platform, with copy trading and swap-free accounts. An unlimited free demo lets you test the platform before funding.

It is important to understand that you are not buying real shares or ETFs here, only CFDs that track their price with leverage. This is a broker built for short-term, leveraged trading, not for building a long-term portfolio of directly held securities inside a registered account.

What PU Prime offers

Capabilities, in plain terms

Covered, partial or not covered. No spin.

  • Cash stocks / ETFs (direct ownership) ✗ No Available as CFDs only, no direct holding
  • Forex, indices, commodities (CFD) ✓ Yes 1,400+ instruments in total
  • Cryptocurrencies ~ Partial CFDs only, no wallet or direct holding
  • MetaTrader 4 and 5 ✓ Yes
  • Copy trading ✓ Yes
  • Demo account ✓ Yes Unlimited and free
  • Registered accounts (TFSA, RRSP) ✗ No
  • CIRO registration (Canada) ✗ No Offshore and international licences only
Offshore and international licences, not CIRO-registered. For a Canada-regulated broker, see our broker comparison.

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 a low entry point, a broad multi-asset CFD catalogue and competitive ECN pricing on proven MetaTrader platforms, which explains its strong Trustpilot standing and our score.

We list it as a reference rather than a HelloBrokers partner, so there is no affiliate link here. The point that weighs most in our assessment is regulation: PU Prime holds only offshore and international licences, is not registered with CIRO and offers no CIPF protection or registered accounts. If your priority is the safety of a Canada-regulated broker, a CIRO member is a better fit. PU Prime suits a trader who understands leveraged CFDs and accepts an offshore frame in exchange for pricing and breadth.

Frequently asked questions

FAQ PU Prime

Is PU Prime reliable?

PU Prime is regulated only by offshore and international authorities (FSC Mauritius, FSA Seychelles, ASIC, FSCA). It is not registered with CIRO in Canada and accounts are not covered by CIPF.

Why choose PU Prime?

For its low entry point, its broad catalogue of 1,400+ CFD instruments and its tighter ECN pricing on MetaTrader 4 and 5 with copy trading.

What are the fees at PU Prime?

The Standard account charges no commission but spreads from about 1.5 pips on EUR/USD; the ECN account tightens spreads to about 0.2 pips plus a per-lot commission. Swap charges apply on positions held overnight.

Who is PU Prime for?

Active CFD traders who want breadth and tight ECN pricing and who accept trading with an offshore-regulated broker rather than a CIRO member.

Is it easy to withdraw from PU Prime?

There is no broker withdrawal fee on most methods, though currency conversion may apply. Support is available 24/5 by email, live chat and phone.

Sources

  1. PU Prime account types and pricingpuprime.com, account and fee pages, consulted in 2026
  2. Offshore and international licencesFSC Mauritius, FSA Seychelles, ASIC (Australia), FSCA (South Africa)
  3. Trustpilottrustpilot.com, snapshot 2026 (4.5/5 across 1,267 reviews)

The author of this review

Who wrote this analysis?

Roch de Montesquieu

Roch de Montesquieu

Research Analyst · Fees, Data, Transparency

« A broker is judged on verifiable figures, not on marketing promises. The rest is spin. »

Roch de Montesquieu is a research analyst at HelloBrokers. A 2024 graduate of the University of Bath (Bachelor of Business Administration), he rounded out his studies with an exchange semester in finance and management at City University of Hong Kong — a chance to observe the practices of online brokers across three markets (UK, continental Europe, Asia).

Comparative analysis of broker feesExecution cost modellingCross-border benchmarking (Europe / Asia / Americas)Data analysis and pricing monitoring
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