PU Prime, founded in 2015 as Pacific Union and rebranded around 2020, is a low-cost, feature-rich offshore CFD broker. Its appeal is genuine on price and access: a $20 cent account, cheap ECN pricing (raw spreads plus about $2 round-turn commission), MT4, MT5 and a large copy-trading ecosystem. But it carries an unusually long list of regulator warnings - from the UK FCA, France’s AMF, Denmark’s FSA and the Philippines SEC, plus an IOSCO alert - and a persistent trail of withdrawal and profit-confiscation complaints. It added an ASIC licence in 2025, but most international clients still land on the offshore Seychelles entity. Handle with real caution.
Best for: Cost-sensitive traders who want a very cheap cent or micro account for small-stakes trading or copy trading, are outside the many restricted countries, and fully understand they will likely be on the offshore Seychelles entity. Not suitable for anyone who prioritises regulatory protection, US, Chinese, Indian, Philippine or Singaporean residents (blocked), or traders holding meaningful capital.At a Glance
Pros
- Very low entry: a $20 cent account and $50 standard account make it highly accessible for beginners
- Among the cheapest ECN pricing reviewed - raw spreads plus about $2 round-turn commission on the ECN account
- Broad platform and social range: MT4, MT5, WebTrader, mobile app and a large copy-trading and social ecosystem
- No deposit or inactivity fees, with the first international wire each month free
- Added an ASIC (Australia) licence in 2025 - a real, if recent, credibility step
- Wide instrument range of 1,000+ CFDs with strong share and crypto coverage
Cons
- An unusually long list of regulator warnings: the UK FCA, France’s AMF, Denmark’s FSA and the Philippines SEC, plus an IOSCO alert
- Most international clients are onboarded under the offshore Seychelles entity - the weakest protection tier, with no statutory compensation
- A persistent trail of withdrawal-delay, blocked-withdrawal and profit-confiscation complaints
- Aggressive deposit-bonus terms that can complicate withdrawals
- The cheapest ECN account requires a $10,000 minimum; standard spreads are only mid-market
- No TradingView or cTrader, and a confusing Pacific Union corporate-name history
Rating Breakdown
Full Review
PU Prime review: quick verdict
This PU Prime review covers pricing, access, platforms and — most importantly — the regulatory warnings you should understand before depositing. Founded in 2015 as Pacific Union and rebranded to PU Prime around 2020, it is a low-cost, feature-rich offshore CFD broker with genuine appeal on price, but a significant safety footnote. Compare it against safer options on our broker reviews hub.
Is PU Prime safe? Regulation and warnings
This section matters more than the pricing. PU Prime added an ASIC (Australia) licence in 2025, and holds FSCA (South Africa) and FSC Mauritius authorisations, but the default entity for most international clients is PU Prime Limited in Seychelles — the weakest protection tier, with no statutory compensation. More concerning is the list of regulator warnings: the UK FCA (warning last updated April 2026), France’s AMF blacklist, Denmark’s Finanstilsynet, the Philippines SEC, and an IOSCO investor alert. Individually these are unauthorised-solicitation notices typical of offshore brokers marketing into regulated markets; collectively, four-plus regulator warnings is more than most offshore brokers carry and warrants real caution.
Account types, spreads and platforms
On price and access, PU Prime is genuinely strong. A Cent account opens from $20 and a Standard account from $50, making it one of the most accessible brokers around. The ECN account offers raw spreads plus about $2 round-turn commission — among the cheapest reviewed — though it requires a $10,000 minimum, and the Prime account ($1,000 minimum) sits between the two. Standard and Cent spreads (around 1.3 pips) are only mid-market. Platforms cover MT4, MT5, a browser WebTrader and a mobile app, plus a large copy-trading and social ecosystem; there is no TradingView or cTrader, and no inactivity fee.
Markets and execution
The range spans 1,000+ CFD instruments: roughly 54-65 forex pairs, 29+ indices, 20+ commodities, hundreds of share CFDs (via MT5), 50+ crypto CFDs, ETFs and bonds. Execution is an STP/ECN model with scalping and EAs permitted, and free VPS is available on promotion.
Deposits, withdrawals and the complaint pattern
Funding covers around 14 methods including cards, e-wallets, local transfer and crypto, with the first monthly wire free. But the recurring, well-documented theme is withdrawals: complaints across Trustpilot, Forex Peace Army and community forums describe delays, blocked or rejected withdrawals with little explanation, and profit confiscation, often tied to KYC disputes or bonus conditions. Combined with the regulator warnings, this is the single biggest reason to keep any exposure small and withdraw frequently.
Final verdict
PU Prime earns a 3.0/5. It is a genuinely cheap, accessible and feature-rich broker, and the 2025 ASIC licence is a step forward — but an offshore-default structure, an unusually long list of regulator warnings and a persistent withdrawal-complaint trail mean it is suitable only for small, risk-aware accounts, if at all. Traders who prioritise safety should look to a better-regulated broker; compare our Pepperstone review or IG review.
Trading forex and CFDs carries a high risk of losing money rapidly due to leverage. PU Prime has been named in warnings by several regulators and onboards most international clients under an offshore entity with no compensation scheme; confirm your entity and the latest terms directly before depositing. This is educational content, not financial advice.
Who Is It Best For?
Cost-sensitive traders who want a very cheap cent or micro account for small-stakes trading or copy trading, are outside the many restricted countries, and fully understand they will likely be on the offshore Seychelles entity. Not suitable for anyone who prioritises regulatory protection, US, Chinese, Indian, Philippine or Singaporean residents (blocked), or traders holding meaningful capital.
Frequently Asked Questions
Is PU Prime safe and regulated?
PU Prime added an ASIC (Australia) licence in 2025, but most international clients are onboarded under the offshore FSA Seychelles entity, which offers the weakest protection and no statutory compensation. Given multiple regulator warnings and a recurring withdrawal-complaint pattern, we would treat it as suitable only for small, risk-aware accounts.
Has PU Prime been warned by regulators?
Yes, several. PU Prime (also known as Pacific Union) has been named in warnings from the UK FCA, France’s AMF, Denmark’s Finanstilsynet and the Philippines SEC, and appears in an IOSCO alert. These are largely unauthorised-solicitation notices typical of offshore brokers, not confirmed fraud findings, but the sheer number is a genuine concern.
What is the minimum deposit at PU Prime?
The minimum deposit is $20 on the Cent account and $50 on the Standard account. The cheapest ECN pricing requires a $10,000 balance, and the Prime account starts at $1,000.
Does PU Prime have withdrawal problems?
There is a persistent, well-documented trail of complaints about withdrawal delays, blocked or rejected withdrawals with little explanation, and profit confiscation, alongside aggressive bonus terms. Many are KYC or dispute-related, but the volume and consistency are notable, so use small stakes and withdraw regularly.
Does PU Prime accept US clients?
No. PU Prime does not accept US clients, and also restricts China, India, the Philippines, Singapore and FATF-listed jurisdictions. Traders there should treat this review as educational only.
