PU Prime Review Australia 2026

Verdict

PU Prime sits in the mid-tier of our 30-broker Australian shortlist. The trust profile is genuinely solid: an AFSL since 2011, a registered Sydney office on Castlereagh Street, AFCA membership, and a global regulatory footprint across Mauritius, South Africa and Cyprus. The Prime account spreads from 0.0 pips with a USD 7 round-turn commission are competitive without quite reaching the absolute lowest rung that IC Markets, Pepperstone and Fusion Markets occupy. The product range covers most of what an active multi-asset trader needs, and the proprietary PU Prime mobile app is a genuine option alongside MT4 and MT5.

The honest catch is brand recognition. PU Prime doesn’t carry the Australian household-name weight of CMC or Pepperstone, and its public review presence is thinner. For traders who care about a Sydney-registered ASIC broker with bilingual English-Mandarin support and Asia-region liquidity, it’s a reasonable pick.

Quick facts

Trading costs and fees

Prime (RAW) account spreads and commission

The Prime account is where active forex traders should start. EUR/USD pricing begins at 0.0 pips on the headline figure with a USD 7 round-turn commission per standard lot. Expressed as a total cost in pips at AUD/USD around 0.65, that comes out at roughly 1.0 pip equivalent on EUR/USD.

Standard (no-commission) account

The Standard account uses spread-only pricing. EUR/USD typically starts at 1.3 pips with no commission.

Other fees AU traders should check

• Overnight swap rates apply to positions held past 5 PM New York. Direction-dependent.
• Currency conversion fee applies if you trade an instrument denominated in a currency other than your base.
• Withdrawal fees are zero on most methods.

Trading platforms

PU Prime offers three platforms on the same account: MT4, MT5 and the proprietary PU Prime app.

MetaTrader 4

The classic forex retail platform and still the default for most active AU traders running expert advisors. PU Prime’s MT4 build connects to the Prime RAW pricing engine.

MetaTrader 5

The right choice if you want a wider asset range inside MetaQuotes’ platform, or you’re using newer EAs written for MT5.

PU Prime mobile app (proprietary)

The proprietary mobile app is the broker’s own build. It’s lighter than the MT4/MT5 mobile apps and easier to use for casual traders. One-tap deposit, push-notification price alerts, watchlists, and a cleaner order entry screen than MetaQuotes’ default.

TradingView

PU Prime’s native TradingView integration status needs to be verified before relying on it. If TradingView is critical to your workflow, confirm support directly with the broker.

Scalping and automated strategies

The Prime account’s RAW pricing model and standard MT4/MT5 EA support make PU Prime workable for scalping strategies. There are no advertised scalping restrictions. For a deeper look at scalping execution requirements, see our scalping platforms guide.

Trust and safety

Trust score: 7.5/10.

Regulation

PU Prime Trading Pty Ltd holds AFSL 410681 with the Australian Securities and Investments Commission. The licence has been continuously held since 21 June 2011, which is one of the longer ASIC tenures among the smaller-brand brokers in our coverage. The registered office at Suite 103, Level 1, 17 Castlereagh Street, Sydney NSW 2000 is a real operational address.

PU Prime’s broader corporate group also operates under:

• FSA, Mauritius
• FSCA, South Africa
• CySEC, Cyprus (verify)
• VFSC, Vanuatu (offshore wholesale)
• SCB, Bahamas (offshore wholesale)

ASIC issued a minor infringement notice to PU Prime Trading in 2024 relating to disclosure lapses. The matter was resolved without further action and the licence remains in force without conditions.

AU operating history and ownership

PU Prime’s AU entity has been continuously registered since 2011. The broader brand has a strong presence across the Asia-Pacific region. AU client volume is concentrated in the bilingual English-Mandarin segment, where PU Prime competes directly with TMGM and AACY Securities.

Public reviews

PU Prime carries a smaller TrustPilot footprint than the top-tier ASIC brokers. The score is generally positive, though the volume of reviews is lower than CMC, Pepperstone or IC Markets.

Account types and minimum deposit

Funding and withdrawals

Deposit methods (AU clients)

Withdrawals

$0 fee on most standard methods. PU Prime requires withdrawals to use the same method as deposit where possible.

Account opening

Fully online and AUSTRAC-compliant. The bilingual onboarding flow is a quiet strength here, especially for clients more comfortable in Mandarin.

Product range

PU Prime covers the standard CFD asset mix without going as deep as the multi-asset specialists.

• Forex: 70+ pairs including major and minor AUD crosses
• Indices: 20+ including ASX 200, S&P 500, NASDAQ, FTSE 100, DAX, Nikkei, Hang Seng
• Commodities: gold, silver, WTI, Brent, natural gas, agricultural softs
• Cryptocurrencies: major crypto CFDs (BTC, ETH, XRP, ADA, SOL). ASIC’s 2:1 retail cap applies
• Share CFDs: popular US, EU and AU equities
• ETFs: selected ETF CFDs

For traders who want 10,000+ share CFDs or direct ASX share investing, CMC Markets is the better fit.

Customer service

24 hours, Monday to Friday Sydney time. Closed on the weekend. Phone, live chat and email. Average live chat response in our testing: under 90 seconds during AU business hours.

Support languages: English, Mandarin, Vietnamese, Arabic, Spanish, Portuguese. The Mandarin support depth is genuinely strong.

Research and education

PU Prime’s research and education offering is more functional than market-leading.

• Daily market commentary
• Economic calendar
• Webinars (English and Mandarin streams)
• Beginner glossary and platform tutorials
• Trading Central feed (verify availability on AU entity)

How PU Prime compares to alternatives

If you value…	Consider
Tightest forex spreads	IC Markets or Pepperstone
Lowest commission	Fusion Markets
Mandarin / Asia-region client base	TMGM or AACY Securities
Broadest share CFD range	CMC Markets
Native TradingView	Pepperstone

Bottom line

PU Prime is a credible mid-tier choice for Australian traders who want an ASIC-regulated multi-asset CFD account with bilingual support. The Sydney registered office and 2011-vintage AFSL are genuine credibility markers; the Prime account pricing is reasonable; and the platform mix of MT4, MT5 and the proprietary mobile app covers the main use cases. The brand isn’t on the same level as CMC, Pepperstone or IC Markets, and the share CFD range isn’t as deep as the multi-asset specialists.

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