Pu Prime Review

 

Based in Mahe, Seychelles, PU Prime (Pacific Union) launched in 2015 as an online trading broker, offering traders attractive trading conditions. These include low spreads starting at 0.0 pips, zero-commission accounts, rapid trade execution speeds, a variety of payment options, adaptable account types, and the ability to leverage up to 1:500. Additionally, they provide multilingual support five days a week. Traders can choose between the popular and user-friendly MT4 and MT5 platforms, available for desktop, web, and mobile use, with a minimum deposit requirement of just $50 and free demo accounts. Islamic traders can also benefit from swap-free accounts.

In addition to a robust selection of trading products and services, PU Prime offers a wealth of trading tools and educational resources designed to encourage savvy trading decisions. They are committed to welcoming clients from around the world, regardless of their trading experience or skill level. For those who lack the time or knowledge to trade independently, social trading signals and managed accounts are available. No matter your interests or style, PU Prime has something for everyone.

Markets
PU Prime ensures smooth access to global financial markets, allowing you to trade forex, indices, commodities, metals, stocks, shares, and cryptocurrencies.

Platforms
Traders at PU Prime can utilize both the MT4 and MT5 trading platforms. While MT4 debuted in 2005 with a suite of helpful trading tools, MT5 followed in 2010, boasting even more advanced features. Both platforms, developed by the renowned MetaQuotes software company, come equipped with various built-in features like charting tools, market indicators, scripts, expert advisors, and advanced risk management capabilities.

MT4 and MT5 are accessible as desktop applications for Windows and Mac computers, as well as mobile apps for Android and iOS devices. There’s also a web version that runs smoothly on most modern browsers such as Chrome, Safari, Firefox, and Edge, requiring no additional software installation.

In addition to MT4/MT5, clients can download the proprietary PU Prime mobile trading app, which allows you to manage your account on the go.

MetaTrader 4
Widely favored by forex and CFD traders globally, MetaTrader 4 is user-friendly, making it a go-to platform for beginners. Its intuitive and customizable interface makes it a powerful tool packed with features for in-depth market analysis and strategy development. MT4 is recognized as the industry benchmark for forex trading, known for its speed, convenience, and stability.

• Multiple chart timeframes and types
• Supports various order types, including instant, pending, and limit orders
• Technical indicators and graphical objects for market analysis
• Automated trading with expert advisors (EAs)
• Strategy tester for back-testing EAs
• Custom trading tool creation via the MQL4 programming interface
• Price alert notifications through SMS, email, and platform pop-ups
• Free to use on desktop, web, and mobile

PU Prime MT4 Platform
MetaTrader 5 serves as the successor to MT4. While one might assume the newer platform has gained more popularity, many traders remain loyal to MT4 due to their familiarity. Most forex brokers offer MT4, whereas only a select few, including PU Prime, support MT5.

The PU Prime MT5 platform is significantly more powerful, allowing trading across forex, stocks, indices, commodities, and cryptocurrencies under highly competitive conditions. MT5 offers additional trading tools and features, such as extra technical indicators, more drawing objects, a multi-currency strategy tester, and a built-in economic calendar for fundamental analysis, among others. It stands as one of the most sophisticated trading platforms available.

The PU Prime MT5 platform allows for live price streaming on desktop, web, and mobile, with comprehensive market pricing. You can also engage in community discussions through the embedded MQL5 chat feature, connecting with fellow traders for tips and strategies. Best of all, the MT5 platform is completely free to use!

PU Prime MT5 Platform
PU Prime Mobile Trading App
The PU Prime mobile app, designed for Android and iOS devices, features an elegant user interface and advanced tools for a top-notch trading experience right at your fingertips. The app provides efficient trading tools for market analysis on the go, with reliable execution speeds at competitive prices across a selection of over 200 trading instruments spanning six asset classes. Traders can execute trades with low spreads and commissions while enjoying flexible leverage.

Managing multiple accounts is made easy through the app, which also delivers global market news and offers 24/5 dedicated customer support. Additionally, you can access market analysis from analysts, along with articles and streaming videos directly within the app.

MAM/PAMM
PU Prime’s MAM/PAMM account solutions allow money managers to control all their accounts from a single, easy-to-use interface, providing flexible and automated money management for professional traders. MAM stands for Multi-Account Manager, while PAMM refers to Percentage Allocation Management Module, allowing fund managers to oversee multiple accounts from their own accounts without needing to establish an investment fund.

API Connectivity
With PU Prime’s API connectivity, you can create custom trading tools and algorithmic strategies using APIs. The API offers innovative and secure technology for deep liquidity, competitive pricing, and reliable execution with minimized latency.

Tools
While the MetaTrader platforms come equipped with ample trading tools to cater to most traders’ needs, PU Prime goes above and beyond by providing additional tools to enhance the overall trading experience. Various standalone trading tools are available on PU Prime’s website to further enrich your trading experience, including Trading Signals, Currency Converter, Autochartist, ZuluTrade, VPS, and an Economic Calendar.

Economic Calendar
The economic calendar keeps you updated on the latest market news releases, a crucial aspect of fundamental analysis that can help you prepare for upcoming market movements. It displays the date and time of each release, along with its potential impact on various markets.

Currency Converter
This straightforward tool automatically converts one currency to another using the latest quotes, making it convenient to have on PU Prime’s website for quick conversions.

Autochartist
When it comes to advanced market analysis and trading signals, Autochartist stands out as a leader in automated financial market analysis. It employs sophisticated recognition algorithms to analyze live data, identifying chart patterns and key price levels across multiple instruments, including Forex currencies and CFDs.

ZuluTrade
ZuluTrade is a social trading platform that enables you to share and copy trading signals from other traders. With a database of traders whose performance can be filtered based on key statistics, you can choose traders to follow and replicate their trades in your PU Prime account. Keep in mind that while this feature can be beneficial, there are no guarantees regarding the effectiveness of these signals.

Virtual Private Server (VPS)
A Forex VPS is a great option for running your trading platform 24/7 without needing to keep your personal computer on. The VPS hosts your platform on its own remote machine, allowing you to check in whenever necessary. This is especially beneficial for traders using automated trading systems that require constant uptime or those with unreliable internet connections.

PU Prime offers a Forex VPS to clients who reach a specific trading volume each month, which sets them apart from many other brokers.

Education
PU Prime boasts a comprehensive selection of educational resources designed to help traders make informed decisions. These include learning articles, trading knowledge, video tutorials, e-books, glossaries, seminars, webinars, and market news to keep traders updated.

Technical Analysis
The technical analysis section provides professional insights on economic events, complemented by annotated screenshots to help traders understand market dynamics.

Trading Guides
PU Prime offers a wealth of trading guides, making it one of the top brokers for trader education. They provide free, detailed guides covering everything from market introductions to trading strategies and psychology.

Tutorial Videos
For visual learners, PU Prime’s tutorial videos cover essential topics to prepare you for online trading, including platform usage.

eBooks
Clients can access a range of free eBooks to deepen their understanding of the markets and trading at their own pace, showcasing PU Prime’s commitment to trader education.

Market Report
Market reports from PU Prime break down the latest releases, aiding in identifying potential market movements and trends.

Market Ahead
The “Market Ahead” section highlights significant upcoming market events, helping traders prepare for daily activities and generate trade ideas.

Trading Glossary
Familiarize yourself with common trading terminology using PU Prime’s trading glossary.

Seminars & Webinars
Occasionally, PU Prime hosts webinars and seminars, offering valuable opportunities for traders of all experience levels to enhance their market knowledge and skills.

Conclusion
Since its inception in 2015, PU Prime has established itself as a leading multi-asset brokerage, enabling traders to engage with over 200 financial instruments across six asset classes, including forex, stocks, indices, commodities, and cryptocurrencies. Clients enjoy free access to the robust yet user-friendly MT4 and MT5 platforms, available across desktop, web, and mobile.

The broker provides various competitive trading conditions to maximize trading potential, featuring spreads starting at 0.0 pips, competitive market quotes, rapid execution speeds, and low commission fees. With a minimum deposit of just $50 and the option for free demo accounts, PU Prime makes trading accessible to many.

Moreover, a plethora of trading tools, educational resources, and a professional customer support team are available to assist traders at any time. As a globally-focused online trading brokerage, PU Prime offers multilingual services across 120 countries and regions, while welcoming Muslim traders and operating under the regulation of the Financial Services Authority of Seychelles (FSA). The firm continually enhances its technology and strives to provide the optimal trading environment for its clients.

7.9 Markets
7.5/10 Platforms
8.0/10 Tools
8.0/10 Education

Pros

• User-friendly trading platforms and apps
• Good selection of forex currency pairs
• Highly competitive trading conditions
• Extensive educational resources
• Diverse range of trading tools
• Copy trading signals
• Free demo trading accounts
• 24/5 customer support

Cons

• Cannot accept USA traders
• Limited non-fx instruments

As a self-proclaimed Forex enthusiast, I dedicate my days to researching and testing everything related to forex. With years of experience in the forex industry, I’ve reviewed countless forex robots, brokers, strategies, courses, and more. I share my knowledge freely to help you navigate the exciting world of forex trading! Read more about me at https://findnomore.net.