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BCR , PU Prime Broker Comparison

Do you want to know which is the better broker between BCR and PU Prime ?

In the table below, you can compare the features of BCR , PU Prime side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
BCR
8.62
Regulated
Under guarantee
15-20 years
ASIC,FSC
--
AA
B
582.5
141
141
147
1900
1900
1847
AA

EURUSD: -0.5

XAUUSD: 0.1

10
-1
14
AAA
9.76 USD/Lot
11.6 USD/Lot
A

Long: -5.22

Short: 0.74

Long: -32.4

Short: 16.2

A
0.9
21.6
ALPHA ,STANDARD ,SWAP-FREE
--
$500
1:400
0.0+
0.00
--
--
--
PU Prime
6.42
Offshore Regulatory
Under guarantee
--
--
--
2-5 years
FSA,FSCA
Bank transfer,MASTER,Neteller,Skrill,fasapay,VISA
A
AA
400
297
297
297
1156
1156
641
A

EURUSD: 0.5

XAUUSD: --

10
1
10
AA
16.58 USD/Lot
--
B
--

Long: -169.4

Short: 103.95

B
0.8
82.9
Cent,ECN,Standard,Prime,Pro
All Products
$20
1:500
From 1.3
0.00
--
0.01
--

BCR 、 PU Prime BrokersRelevant information

BCR BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of bcr, pacific-union lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

bcr
BCR Basic Information
Registered Country Australia
Founded 2008
Regulation ASIC, FSC (Offshore)
Tradable Assets Forex, CFDs on metals, commodities, indices
Account Types Standard, Advantage, Alpha, and Affiliate.
Demo Account Yes
Islamic Account Not specified
Maximum Leverage 400:1
Spreads From 3.0 pips
Trading Platforms MT4, MT5, WebTrader
Minimum Deposit $300
Payment Methods Bank transfer, MasterCard, Direct Debit, Visa, UnionPay, Fasapay, helpay2, NPAY, Skrill, Neteller, POLi, USDT
Customer Support 24/5 online chat, contact form, phone: +44 3300010590, email: info@thebcr.com, social media

General information

BCR is an Australian forex broker that was established in 2008 under the company name BACERA CO PTY LTD. The broker is regulated by ASIC (Australian Securities and Investments Commission) and offshore regulated by FSC (Financial Services Commission), ensuring compliance with financial regulations and providing a level of trust and security for traders.

BCR's home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

We will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• Regulated by ASIC • Limited Account Types
• Demo Account • Wide Spreads
• Commission-free • No 24/7 Support
• Advanced MT4 Trading Platform
• Various Market Research Tools

Pros:

Regulation: BCR is regulated by ASIC (Australian Securities and Investments Commission), which provides a level of security and trustworthiness for traders.

Demo Account: BCR provides a demo account, allowing traders to practice and test their trading strategies in a risk-free environment.

Commission-free: BCR offers commission-free trading for all account types.

Advanced Trading Platforms: BCR provides access to advanced MT4 trading platform, offering comprehensive charting tools, indicators, and automated trading capabilities.

Market Research Tools: BCR offers various market research tools, including economic calendars and market live, to help traders stay informed and make well-informed trading decisions.

Cons:

Limited Account Types: BCR only offers two account types, which could restrict options for traders with specific needs or preferences.

Wide Spreads: BCR offers spreads from 3.0 pips, while the industry average spread is just 1.5 pips.

Customer Support Availability: The availability of customer support might be limited outside of regular business hours, which could be inconvenient for traders in different time zones or those requiring immediate assistance.

Is BCR Legit or a Scam?

BCR operates within a well-regulated framework, authorized and regulated by respected financial authorities, including the Australian Securities and Investments Commission (ASIC, No. 328794) and offshore regulated by the Financial Services Commission (FSC, No. SIBA/L/19/1122) in the Virgin Islands.

regulated by ASIC
offshore regulated by FSC

This regulatory oversight ensures that BCR complies with stringent financial regulations, industry standards, and best practices. The ASIC and FSC play a crucial role in monitoring and supervising Doo Prime's operations, ensuring that the broker maintains transparency, ethical practices.

Additionally, BCR's practice of keeping segregated client funds means that client money is kept separate from the company's own funds. This can offer an additional layer of security for traders, since in the event of a company bankruptcy, these funds would not be treated as recoverable assets by general creditors of the company. This practice is common among regulated brokers as it provides more protection for traders' investments.

Market Instruments

Forex, CFDs on metals, commodities, indices... BCR allows clients to access 300+ trading markets. Therefore, both beginners and experienced traders can find what they want to trade on BCR.

This includes prominent global forex currency pairs, allowing for trading in the foreign exchange market.

forex

They also offer CFDs on metals, which may include precious metals like gold and silver, as well as industrial metals.

metals CFDs

In addition, traders can access CFDs on commodities, from energy sources like oil and gas to agricultural products.

commodities CFDs

This is extended to indices, tracking performance of groups of shares in a particular market or sector.

indices CFDs

However, cryptocurrencies are currently unavailable.

This extensive offering enables traders to diversify their portfolios and engage in different markets based on their investment preferences and strategies.

Account Types

Apart from demo accopunts, BCR offers four live account types: Standard, Advantage, Alpha, and Affiliate. All account types provide leverage up to 400:1, a 50% stop-out level, micro-lot trading (0.01), and access to single stock CFDs, except for the Alpha account. The minimum deposit requirements range from $300 USD for the Standard and Advantage accounts to $3,000 USD for the Affiliate account. Spreads start from 1.2 pips for the Advantage account, with the Alpha account offering zero spreads. Additionally, the Advantage account charges a $3 USD commission per lot per side. The lot size per transaction is capped at 20 for all account types.

account-types

How to Open an Account?

Here are four specific steps to open an account with BCR:

Step 1: Visit the BCR official website: Go to the BCR website using a web browser on your computer or mobile device. Navigate to the account opening section: Look for the “Join Now” button on the website on the homepage.

click on Join Now button

Step 2: Fill out the account application form: Click on the account opening button/link, and you will be directed to an online form. Provide the requested information, including your full name, contact details (such as phone number and email address), and password.

fill in required info

Step 3: Submit identification documents: As part of the account verification process, BCR may require you to provide identification documents. These documents may include a copy of your passport or national ID card, proof of address (such as a utility bill or bank statement), and any other documents requested by the broker.

Step 4: Review and agree to the terms and conditions: Before finalizing your account creation, carefully read through the terms and conditions provided by BCR. Make sure you understand and agree to all the terms before proceeding. If you have any questions or concerns, you can contact their customer support for clarification.

Leverage

BCR provides traders with maximum levearge up to 400:1.

leveraage

Leverage, in simple terms, is a tool that enables traders to control a larger position in the market with a smaller amount of capital. It can be a valuable tool for experienced traders who understand its risks and benefits. By using leverage, traders can potentially generate higher returns on their investments.

However, leverage is a double-edged sword. While it can enhance profits, it can also magnify losses. Traders should exercise caution and implement effective risk management strategies when utilizing leverage. It is crucial to have a thorough understanding of the market and the associated risks before engaging in leveraged trading.

Spreads & Commissions

BCR provides traders with a variety of options when it comes to spreads and commissions, catering to different trading needs and preferences. The Standard account offers a zero-commission trading environment, allowing traders to execute trades without incurring any additional charges. Spreads for the Standard account start from 8.0 pips.

For those seeking even tighter spreads, the Advantage account is available. With spreads starting from 3.0 pips and no commissions, this account offers enhanced trading conditions for traders looking to optimize their trading strategies and minimize their trading costs.

Spreads and commissions vary on the trading symbol, more details can be found in the screenshot below.

Spreads & Commissions

Trading Platforms

BCR provides traders with a versatile trading platform that encompasses the renowned MT4 (MetaTrader4) platform as well as a user-friendly webtrader. The MT4 platform is highly regarded in the industry for its robust features and comprehensive tools, empowering traders with advanced charting capabilities, technical indicators, and a wide range of order types to suit their trading strategies. With MT4, traders can analyze market trends, execute trades with precision, and effectively manage their positions.

MT4

Deposit & Withdrawal

BCR provides its customers with a variety of payment options, catering to different banking preferences. The options available for depositing and withdrawing funds include Bank transfer, MasterCard, Direct Debit, Visa, UnionPay, Fasapay, helpay2, NPAY, Skrill, Neteller, POLi, and USDT. This selection gives traders a good deal of flexibility.

payment methods

In terms of withdrawal request processing, BCR operates a specific schedule. The cut-off time for processing on the same day is 10:00 AM. Requests submitted before this time will be processed on the same day, whereas requests submitted afterwards will not be processed until the following business day.

Additionally, BCR does not charge any fees for deposits or withdrawals. However, transactions between international banks might incur fees such as intermediary fees.

Deposit & Withdrawal details

Trading Tools & Education

BCR is dedicated to providing its clients with a comprehensive trading experience by offering valuable trading tools and educational resources.

Their economic calendar is a must-have tool for traders, allowing them to stay informed about important economic events that have the potential to impact the markets. Identifying these events can help with planning trading strategies.

economic calendar

Their glossary is an excellent educational resource, especially for beginner traders. It provides definitions for numerous terms used in trading, helping traders become familiar with industry jargon.

glossary

Additionally, BCR offers a 'Market Live' feature, which provides real-time updates about market conditions and trends.

Market Live

These tools, combined with their educational resources, assist traders in making informed decisions and understanding the complexity of the markets, which ultimately contributes towards a more efficient trading experience.

Customer Support

Customer support through multiple channels, including phone, email, contact form and online chat. This multi-channel approach ensures that traders have various options to reach out for assistance or inquiries.

By offering phone support, BCR allows traders to have direct communication with their support team, enabling them to receive real-time assistance and resolve any urgent matters.

Email support provides traders with a written record of their communication, allowing them to articulate their queries or concerns in detail and receive responses at their convenience.

Additionally, BCR's online chat support enables traders to have quick and direct interactions with a support representative. This live chat feature allows for instant messaging and real-time responses.

Below are the details about customer service.

Language(s): English, Chinese, Vietnamese, Japanese, etc.

Service Time: 24/5

Live chat, Contact Form

Email: info@thebcr.com

Phone: +44 3300010590

Social Media: Facebook, Twitter, Instagram, LinkedIn

Address: BCR Co Pty Ltd, Trident Chambers, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands.

contact details
contact form

Frequently Asked Questions (FAQs)

Q 1: Is BCR regulated well?
A 1: Yes. It is regulated by ASIC and offshore regulated by FSC.
Q 2: What assets can I trade with BCR?
A 2: Forex and CFDs on metals, commodities, and indices.
Q 3: Does BCR offer demo accounts?
A 3: Yes.
Q 4: Does BCR offer industry leading MT4 & MT5?
A 4: Yes. It supports MT4.
Q 5: What is the minimum deposit for BCR?
A 5: $300.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

pacific-union
Feature Detail
Registered Country/Region Australia
Found 2019
Regulation Regulated by CYSEC and FSA
Market Instrument Forex, Indices, Metals, Commodities, Shares, Cryptocurrencies, ETFs, and Bonds
Account Type Standard, Pro, Islamic, Cent and Prime
Demo Account Yes ($100,000 virtual capital)
Maximum Leverage 1:1000
Spread Vary on the account type
Commission Vary on the account type
Trading Platform MT4, MT5, WebTrader, or the PU Prime App
Minimum Deposit $20
Deposit & Withdrawal Method Bank Transfer, MasterCard, VISA, Neteller, Skrill, BTC/USDT, AliPay, FasaPAY, UnionPay
Educational Resources Webinars, eBooks, Video tutorials
Trading Tools Autochartist, Economic Calendar
Negative balance protection Yes

Overview of PU Prime

PU Prime is a forex and CFD broker that was founded in 2016 and is based in Australia. The broker offers a wide variety of trading instruments, including Forex, Indices, Commodities, Cryptocurrencies, Metals, Shares, Bonds, ETFs. PU Prime provides five different account types to cater to the diverse trading needs of its clients. These account types include Cent, Standard, Prime, Pro, Islamic, with each account offering different features and benefits such as minimum deposit requirements, spreads, and leverage.

Leverage offered by PU Prime varies depending on the trading account chosen by the trader, ranging from 1:500 to 1:1000. The minimum deposit required to open an cent account with PU Prime is $20.

Spreads offered by PU Prime are competitive and vary depending on the account type and the instrument being traded. PU Prime offers both the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms to its clients, which is known for its user-friendly interface and advanced trading tools.

PU Prime offers a range of options for traders to get in touch with their support team, including phone, email, and live chat. Besides, they also provide educational resources and trading tools.

basic-info

Is PU Prime Legit?

PU Prime Limited is regulated by the Seychelles Financial Services Authority under a Retail Forex License. The license number is SD050. PU Prime Limited operates as an offshore regulated entity.

Additionally, PU PRIME (PTY) LTD is regulated by the Financial Sector Conduct Authority, while the regulatory status is exceeded regulation. The license number is 52218, and the effective date is 2022-03-11.

Is PU Prime Legit?
Is PU Prime Legit?

Pros and Cons

PU Prime offers several advantages for traders, including a wide range of tradable instruments, low spreads, high leverage, and user-friendly trading platforms. Additionally, PU Prime provides excellent customer support, educational resources, and a variety of account types to cater to different traders' needs. However, there are some potential downsides to consider as well. PU Prime charges high non-trading fees, which may be a deterrent for some traders. Additionally, the broker's minimum deposit requirements for some account types may be higher than what some traders are comfortable with.

Pros Cons
  • Regulated by CYSEC
  • Limited range of trading instruments
  • Multiple account types
  • No 24/7 customer support
  • Negative balance protection
  • No proprietary trading platform
  • Low minimum deposit
  • Limited bonuses and promotions
  • Competitive spreads and commissions
  • No guaranteed stop loss order
  • High leverage up to 1:1000
  • MetaTrader 4 & 5 supported
  • Mobile trading available
  • Multilingual customer support
  • Rich Educational and trading tools
  • Wide selection of payment methods

Market Intruments

PU Prime offers a diverse range of market instruments, including popular currency pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs.

In addition to forex, PU Prime also provides access to a variety of indices, such as the S&P 500, FTSE 100, and NASDAQ, allowing traders to diversify their portfolios and take advantage of global market movements. Commodity trading is also available with PU Prime, featuring popular options such as gold, silver, crude oil, and natural gas.

Cryptocurrency enthusiasts can trade popular digital assets such as Bitcoin, Ethereum, Litecoin, and Ripple. PU Prime also offers metal trading, allowing clients to trade silver and gold, as well as stock trading, including a variety of shares from top companies such as Amazon, Apple, and Microsoft.

Furthermore, PU Prime provides bond trading and access to exchange-traded funds (ETFs) to offer even more investment opportunities.

market-instruments
Pros Cons
  • Offers access to extensive trading instruments
  • The number of available instruments may be overwhelming for some traders
  • Provides access to various global markets through a single platform
  • Some of the less popular instruments may have wider spreads
  • Low spreads for major Forex pairs and other popular instruments
  • Higher spreads for some of the less liquid markets
  • Competitive leverage for Forex and CFD trading
  • High leverage can lead to higher risks and potential losses
  • Availability of various trading platforms, including MT4 and MT5
  • Limited options for traders who prefer other platforms
  • Daily market analysis and research provided by the broker
  • Limited educational resources for beginner traders

Account Types

PU Prime offers five different account types to cater to the diverse trading needs of its clients. The account types include Cent, Standard, Prime, Pro, and Islamic.

The Cent account is designed for beginner traders who want to start trading in small amounts. This account type has a minimum deposit requirement of just $20 and offers fixed spreads, making it an ideal choice for those who are new to trading.

The Pro account seems to be designed for traders who are just starting out in forex trading. This account type requires a minimum deposit of $50 and offers spreads from 1.3 pips.

The Standard account is the most popular account type and is suitable for most traders. It requires a minimum deposit of $50 and offers variable spreads. Traders can access a wide range of trading instruments, including forex, indices, commodities, and cryptocurrencies.

The Prime account is designed for advanced traders who require fast execution speeds and tight spreads. This account type requires a minimum deposit of $1,000 and offers ECN spreads starting from 0 pips. Traders can access a wide range of trading instruments, including forex, indices, commodities, and cryptocurrencies.

The Islamic account is designed for clients who require Sharia-compliant trading solutions. This account type offers swap-free trading and is available to clients of all levels.

Other account features include

  • Expert Advisors (EA) trading tool

  • Negative balance protection

  • Autochartist

  • Trading signals

  • Daily news update

  • Market analysis (daily live-broadcast)

  • Economic calendar

PU Prime accounts
account-types
Pros Cons
  • Competitive minimum deposit requirements across all account types
  • Higher spreads on Cent and Standard account types compared to Prime accounts
  • A wide range of account types with different features to suit various traders' needs
  • Limited leverage options on Cent and Standard account types compared to Prime and Pro
  • Islamic account option available for Muslim traders
  • Commission-based trading only available for Prime and Islamic account holders
  • Access to Autochartist for traders with Prime and Pro account types
  • No bonus or promotional offers available for any account types
  • No deposit fees for all account types and a range of deposit and withdrawal options available

How to Open an Account?

  • To open an account with this broker, you need to first visit their website and click on the “Live Account” button.

open-account
  • You will be required to fill out a registration form with your personal information, such as your name, email address, and phone number.

open-account
  • After completing the registration form, you will need to verify your identity by submitting some form of identification, such as a passport or driver's license. You may also be required to submit proof of address, such as a utility bill or bank statement.

  • Once your account is verified, you can proceed to make a deposit. The minimum deposit amount varies depending on the type of account you have selected. You can make a deposit using various payment methods such as bank transfer, credit/debit cards, and electronic payment systems.

  • Once your deposit has been processed, you can start trading using the trading platform provided by the broker. You may also be required to complete some additional steps such as setting up your trading account and configuring your account settings before you can start trading.

Leverage

PU Prime offers leverage of up to 1:500, which is a relatively high leverage compared to other brokers in the industry. The high leverage can be beneficial for traders who want to take larger positions with a smaller capital investment. However, it is important to note that high leverage also comes with high risk, as losses can exceed the initial investment. Therefore, traders should exercise caution and ensure they fully understand the risks involved before using high leverage. PU Prime also offers the option for traders to choose lower leverage levels based on their preference and risk tolerance.

Spreads & Commissions (Trading Fees)

Spreads and commissions, also known as trading fees, are the costs that traders incur when opening and closing positions on the market. PU Prime offers variable spreads starting from as low as 1.3 pips for its Cent, Standard, Pro and Prime account types. Additionally, this broker offers a zero-commissions trading environment on its Cent, Prime and Pro accounts. Islamic and Prime accounts charge a commission of $3.5 per lot per side.

account-types

Non-Trading Fees

Non-trading fees are the fees that brokers may charge their clients for services not directly related to trading, such as deposits, withdrawals, account inactivity, and currency conversion. Here is an overview of the non-trading fees of PU Prime:

Deposits: PU Prime does not charge any fees for deposits made through bank transfers, credit/debit cards, or e-wallets. However, clients should check with their payment providers for any fees they may charge.

Withdrawals: PU Prime does not charge any fees for withdrawals made through bank transfers or e-wallets. However, for withdrawals made through credit/debit cards, the broker charges a fee of 2% of the withdrawal amount, with a minimum of $5 and a maximum of $30.

Account Inactivity: If a client's account remains inactive for a period of 180 days, PU Prime will charge an inactivity fee of $15 per month until the account is reactivated or the balance is reduced to zero.

Currency Conversion: PU Prime charges a fee of 2% for currency conversions on deposits or withdrawals made in a currency different from the account's base currency.

Trading Platform

PU Prime offers two of the most popular trading platforms in the industry, MT4 and MT5. Both platforms are available for desktop and mobile devices and come with advanced charting tools, technical indicators, and a wide range of customization options. Traders can also use Expert Advisors (EAs) and algorithmic trading strategies through these platforms.

MT4 is known for its stability, security, and user-friendly interface. It has a wide range of features that make it an ideal choice for both novice and experienced traders. On the other hand, MT5 is the newer version of the platform that comes with additional features and tools, including an economic calendar, more technical indicators, and a built-in strategy tester.

trading-platform

Here is a table format for the comparison of trading platforms between PU Prime and other brokers:

Broker Trading Platforms
PU Prime MT4, MT5
FBS MT4, MT5
Legacy FX MT4, Sirix
IC Markets MT4, MT5, cTrader
FP Markets MT4, MT5, IRESS, WebTrader

Autochartist

PU Prime offers the Autochartist tool to its clients, which is a powerful technical analysis tool that scans the market for trading opportunities based on chart patterns, Fibonacci patterns, and key levels. Autochartist also provides traders with an estimated probability of success for each opportunity and can be accessed through the MT4 and MT5 platforms.

Traders can use the Autochartist tool to identify trading opportunities and set up automated trading strategies based on their analysis. This tool can also be used to set up price alerts and receive notifications when a specific trading opportunity presents itself.

autochartist

Deposit & Withdrawal

PU Prime offers a variety of deposit and withdrawal methods to its clients. The available methods include bank wire transfer, credit/debit cards (Visa and Mastercard), electronic payment systems (Skrill, Neteller, Fasapay, Sticpay, Bitwallet, America Express, VLoad, AstroPay, and more), and local payment methods. PU Prime does not charge any deposit fees, and the minimum deposit amount varies depending on the account type, starting from $10 for the Cent account.

Withdrawals are typically processed within 24 hours, and there are no withdrawal fees for most of the methods. However, some third-party payment providers may charge a fee, which will be deducted from the client's account balance. PU Prime requires clients to withdraw funds using the same payment method that was used for depositing, up to the deposited amount. If the withdrawal amount exceeds the deposited amount, clients can choose a different withdrawal method. PU Prime also reserves the right to request additional documentation to verify the client's identity and protect against fraud.

deposit-withdrawal

PU Prime's Copy Trading

PU Prime's copy trading feature, facilitated through the PU Social app, can enhance the trading experience, especially for those new to the financial markets.

By using PU Social, users can easily select and follow master traders. This allows them to replicate the trading strategies and results of seasoned professionals directly in their own accounts. Simply choose a professional trader within the app, and start copying their trades to begin seeing similar results in your own trading activities.

This feature not only simplifies the learning curve but also provides a practical way to potentially increase trading success by leveraging the expertise of experienced traders.

PU Prime's Copy Trading

Customer Support

PU Prime provides customer support through multiple channels, including phone, email, and live chat. The customer support team is available 24/5, from Monday to Friday. They are responsive and knowledgeable, and can assist with various account-related inquiries such as account opening, funding, and technical issues with the trading platform. In addition, the broker has a comprehensive FAQ section on its website that covers a wide range of topics, including account types, trading instruments, trading platforms, funding, and more. Overall, PU Prime's customer support is considered to be of high quality, and the broker is dedicated to providing its clients with exceptional trading experience.

customer-support

Educational Resources

PU Prime offers a variety of educational resources for its traders. These resources include video tutorials, a blog, e-books, and a glossary. The video tutorials cover a wide range of topics, including basic trading concepts, technical analysis, and strategies for trading different financial instruments. The blog provides traders with up-to-date market news, analysis, and commentary. The e-books are designed to provide in-depth knowledge on specific trading topics, such as chart patterns and trading psychology. The glossary is a comprehensive reference tool that defines key terms and concepts used in trading.

educational-resources
educational-resources
educational-resources

Conclusion

Overall, PU Prime is a well-regulated Australian broker that offers a wide range of trading instruments, competitive spreads, and multiple account types to cater to the needs of different traders. The broker's MetaTrader 4 and 5 platforms are user-friendly and customizable, and the availability of Autochartist is a valuable addition to technical analysis. The educational resources provided by the broker are extensive, providing valuable information for both new and experienced traders.

However, there are also some drawbacks to consider. The minimum deposit required to open some account with PU Prime is relatively high, and the broker's non-trading fees can be quite steep. Additionally, the broker does not offer any bonuses or promotions to its clients, which may be a disadvantage for traders looking for incentives to trade.

Broker Founded Year Regulation Minimum Deposit Spreads and Commissions Instruments Trading Platforms Funding Methods
PU Prime 2016 CySEC, FSA $20 Variable spreads from 0.0 pips Forex, Indices, Commodities, Cryptocurrencies, Metals, Shares, Bonds, ETFs MT4, MT5 Bank wire, Credit/debit card, Skrill, Neteller, Fasapay, Sticpay, Bitwallet, America Express, VLoad, AstroPay, and more
AvaTrade 2006 ASIC, Central Bank of Ireland, FSCA, FSA, FSC, BVIFSC $100 Variable spreads from 0.9 pips Forex, Indices, Commodities, Cryptocurrencies, Stocks, ETFs, Bonds MT4, MT5, AvaTradeGO, AvaOptions Credit/debit card, Bank transfer, PayPal, Skrill, Neteller, WebMoney
XM 2009 ASIC, CySEC, IFSC $5 Variable spreads from 0.0 pips Forex, Indices, Commodities, Cryptocurrencies, Metals, Stocks, Energies MT4, MT5 Credit/debit card, Bank wire transfer, Skrill, Neteller, WebMoney, and more
Pepperstone 2010 ASIC, FCA, DFSA, SCB $200 Variable spreads from 0.0 pips Forex, Indices, Commodities, Cryptocurrencies, Stocks MT4, MT5, cTrader Credit/debit card, PayPal, POLi, Bank transfer, Neteller, Skrill
IG 1974 ASIC, FCA $0 Variable spreads from 0.6 pips Forex, Indices, Commodities, Cryptocurrencies, Stocks, Bonds MT4, IG Web Platform, L2 Dealer, ProRealTime, APIs Credit/debit card, Bank transfer, PayPal, BPAY

FAQs

  • Question: Is PU Prime a regulated broker?

  • Answer: Yes, PU Prime is regulated by both CySEC and FSA.

  • Question: What trading instruments does PU Prime offer?

  • Answer: PU Prime offers a range of trading instruments, including forex, indices, commodities, cryptocurrencies, metals, shares, bonds, and ETFs.

  • Question: What account types are available at PU Prime?

  • Answer: PU Prime offers several account types, including Cent, Standard, Prime, Pro, and Islamic.

  • Question: What is the minimum deposit required to open an account with PU Prime?

  • Answer: The minimum deposit required to open an account with PU Prime varies depending on the account type chosen. The Cent account has a minimum deposit of $20, while the Prime account has a minimum deposit of $1,000.

  • Question: What is the maximum leverage offered by PU Prime?

  • Answer: PU Prime offers a maximum leverage of 1:000.

  • Question: What trading platforms are available at PU Prime?

  • Answer: PU Prime offers both the MT4 and MT5 trading platforms.

  • Question: What deposit and withdrawal methods are available at PU Prime?

  • Answer: PU Prime offers a range of deposit and withdrawal methods, including bank wire, credit/debit card, Skrill, Neteller, Fasapay, Sticpay, Bitwallet, America Express, VLoad, AstroPay, and more.

  • Question: Does PU Prime offer educational resources for traders?

  • Answer: Yes, PU Prime provides educational resources such as video tutorials, a blog, e-books, and a glossary.

  • Question: What is Autochartist and does PU Prime offer it?

  • Answer: Autochartist is a tool that helps traders analyze market data and identify potential trading opportunities. PU Prime offers Autochartist to its clients.

Are the transaction costs and expenses of bcr, pacific-union lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive bcr and pacific-union are, we first considered common fees for standard accounts. On bcr, the average spread for the EUR/USD currency pair is 0.0+ pips, while on pacific-union the spread is From 1.3.

Which broker between bcr, pacific-union is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

bcr is regulated by ASIC,FSC. pacific-union is regulated by FSA,FSCA.

Which broker between bcr, pacific-union provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

bcr provides trading platform including ALPHA ,STANDARD ,SWAP-FREE and trading variety including --. pacific-union provides trading platform including Cent,ECN,Standard,Prime,Pro and trading variety including All Products.

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