Do you want to know which is the better broker between Matsui and PU Prime ?
In the table below, you can compare the features of Matsui , PU Prime side by side to determine the best fit for your needs.
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 matsui, 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:
|Company Name||Matsui Securities Co., Ltd.|
|Regulation||Regulated in Japan|
|Minimum Deposit||Not specified|
|Maximum Leverage||Not specified|
|Trading Platforms||Japanese Equity App, U.S. Stocks App, Investment Trust App, Forex App, Futures OP App, Netstock High Speed, FX Trader Plus|
|Tradable assets||Japanese stocks, US stocks, mutual funds, FX, futures/options, NISA/Tsumitate NISA, iDeCo, Japanese equities products, MMF, ETFs/REITs|
|Account Types||Not specified|
|Demo Account||Not specified|
|Customer Support||Email: email@example.com|
|Payment Methods||Netlink Deposit, Deposit Transfer, Time Deposit, Bank Transfer Deposit|
|Educational Tools||“Learn to Invest” program|
Matsui Securities Co., Ltd. is a regulated brokerage firm based in Japan. It holds a Retail Forex License and operates under the jurisdiction of the Kanto Local Finance Bureau. The company has been in operation for 15-20 years and has a good capital ratio, indicating its financial stability. Matsui Securities has established partnerships with various financial institutions, including NatWest, XTX Markets, Deutsche Bank AG, HSBC, Morgan Stanley, and others.
Matsui Securities offers a range of investment products and services. It provides access to the Japanese stock market, allowing investors to trade stocks listed on Japanese exchanges in real-time. Additionally, the company offers the opportunity to trade US stocks, mutual funds, foreign exchange, futures, options, NISA/Tsumitate NISA accounts, iDeCo retirement savings plans, Japanese equities products, money market funds, and ETFs/REITs.
To open an account with Matsui Securities, interested individuals can visit the company's website and follow the account opening process. The brokerage charges fees and commissions based on the specific trading services and products used. Deposit and withdrawal options are available through methods such as Netlink Deposit, Deposit Transfer, Time Deposit, and Bank Transfer Deposit.
Matsui Securities provides a range of trading platforms, including smartphone apps dedicated to Japanese stocks, US stocks, investment trusts, and forex trading. It also offers platforms for futures and options trading, as well as PC/tablet-based platforms for comprehensive trading features.
Overall, Matsui Securities Co., Ltd. is a regulated brokerage firm in Japan, offering a variety of investment options and trading services to investors.
Matsui Securities Co., Ltd is a financial institution that offers a range of investment services in Japan. While Matsui Securities has certain advantages, it also has some limitations to consider. On the positive side, Matsui Securities is regulated by the Financial Services Agency, ensuring compliance with financial regulations. Additionally, the company holds a Retail Forex License and provides access to Japanese and US stocks, facilitating diversification. Matsui Securities also offers tax-advantaged investment accounts, such as NISA and iDeCo, and various deposit and withdrawal options. However, it is important to note that the company has limited information available on its website and email address, and there is a lack of transparency regarding fees, commissions, and withdrawal details. The contact options are limited to email, and there is limited information about customer support. The company's trading platforms and capital ratio also have limited details. To summarize, while Matsui Securities offers certain benefits, prospective customers should carefully evaluate its limitations before making investment decisions.
|Regulated by the Financial Services Agency in Japan||Limited information available about the company's website and email address|
|Holds a Retail Forex License||No information provided about the expiry date of the license|
|Offers access to Japanese and US stocks||Lack of transparency regarding fees and commissions for different services|
|Provides tax-advantaged investment accounts (NISA and iDeCo)||Limited contact options (only email provided)|
|Wide range of Japanese equities products and trading services||No information about withdrawal fees and limits|
|Various deposit and withdrawal options||Limited details about the trading platforms offered|
Based on the information provided, Matsui Securities Co., Ltd. (松井証券株式会社) is regulated by the Financial Services Agency in Japan. It holds a Retail Forex License and is regulated under the jurisdiction of the Kanto Local Finance Bureau (関東財務局長(金商)第164号). The effective date of the license is September 30, 2007.
However, there is no information available regarding the expiry date, website, or email address of Matsui Securities Co., Ltd. The company's address is located in Chiyoda-ku, Tokyo, at 1-4 Kojimachi. The phone number provided for the licensed institution is 0352160606.
Matsui Securities provides investors with access to the Japanese stock market, allowing them to trade stocks listed on Japanese exchanges through spot trading. This enables investors to buy and sell shares of Japanese companies in real-time, taking advantage of market movements.
In addition to Japanese stocks, Matsui Securities also offers investors the opportunity to trade US stocks. This means that investors can access major US stock exchanges and trade shares of American companies, providing diversification and exposure to international markets.
Matsui Securities offers mutual funds as an investment option. Mutual funds pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other assets. By investing in a mutual fund, investors can gain exposure to a wide range of securities, managed by professional fund managers.
FX (Foreign Exchange):
Matsui Securities facilitates foreign exchange trading, allowing investors to trade currencies. Foreign exchange trading involves buying and selling different currencies with the aim of profiting from fluctuations in exchange rates. This service provides opportunities for investors to engage in currency speculation and hedge against foreign exchange risks.
Matsui Securities offers futures and options trading. Futures contracts are agreements to buy or sell assets at a predetermined price and date in the future, while options contracts provide the right, but not the obligation, to buy or sell assets. These derivative instruments allow investors to speculate on price movements and manage risk in various financial markets.
Matsui Securities provides the NISA (Nippon Individual Savings Account) and Tsumitate NISA services. These are tax-advantaged investment accounts in Japan that encourage long-term investing by offering tax exemptions on capital gains and dividends. Investors can contribute to these accounts annually and invest in various financial products.
Matsui Securities offers the Individual Defined Contribution Pension (iDeCo) system. iDeCo is a retirement savings plan in Japan that provides tax advantages for individuals. It allows investors to contribute a portion of their income towards retirement and invest in a range of financial instruments, aiming to grow their retirement savings.
Japanese equities Products and trading services:
Matsui Securities provides a wide array of Japanese equities products and trading services. This includes offerings such as initial public offerings (IPOs) and public offerings (POs), which allow investors to participate in the primary market and buy shares of newly listed companies. Additionally, the company provides stock lending services, off-auction distribution, PTS (Proprietary Trading System) for alternative trading, and other services related to Japanese equities.
MMF (Money Market Funds):
Matsui Securities offers money market funds, which are low-risk investment vehicles that invest in short-term, highly liquid assets such as Treasury bills, commercial paper, and certificates of deposit. Money market funds provide investors with a relatively stable investment option and easy access to cash.
Matsui Securities offers exchange-traded funds (ETFs) and real estate investment trusts (REITs). ETFs are investment funds that trade on stock exchanges, tracking the performance of a specific index or sector. REITs, on the other hand, allow investors to pool their money to invest in a portfolio of income-generating real estate properties. These investment options provide diversification and exposure to different asset classes.
|Access to Japanese stock market||Limited information about the company's website and email address|
|Facilitates foreign exchange trading||No information provided about fees and commissions|
|Offers iDeCo retirement savings plan||Limited contact options (only email provided)|
|Provides NISA and Tsumitate NISA services||Limited information about the company's capital ratio and influence|
To open an account with Matsui Securities, you can follow these steps:
Visit the Matsui Securities website and click on the “口座開設(無料)account opening” link, which means “Account Opening (Free)”.
2. Depending on your customer type, choose the appropriate option. Matsui Securities offers account opening for private customers, minors, and corporate customers.
3. On the website, you can find a flowchart explaining the steps involved in the account opening process. This will give you an overview of the entire procedure.
4. If you are interested in opening a NISA account, there is a separate section where you can check the process specific to NISA accounts.
5. Prepare the necessary documents for account verification, such as your My Number verification documents and separate identity verification documents.
6. In Step 1 of the application process, you will be prompted to select the application method. Follow the instructions provided on the website.
7. In Step 2, you will need to register your email address as part of the application process.
8. Once you complete Step 3, your email address registration will be considered completed, and the application process will be finished online. You will be able to start trading within as little as three days.
9. Alternatively, you can choose to apply by mailing the application form provided by Matsui Securities. In this case, the process may take around one week.
10. Matsui Securities will send you the necessary application form based on the information you have entered during the online application process.
Physical Trading: The commission for physical trading is determined by the total daily contract price of the exchange and PTS trading. The fee is fixed within certain ranges based on the total daily contract price, irrespective of the trading volume.
Japanese Stocks Spot Trading: The fees for spot trading and margin trading are determined by the total contract price for one day. The fees are fixed and do not depend on the trading frequency. There are different fee tiers based on the total contract price, ranging from 0 yen to 100,000 yen for individuals aged 26 and above.
Margin Trading: Margin trading fees depend on the total contract price for one day. There are different fee tiers based on the total contract price, ranging from 0 yen to 100,000 yen for individuals aged 26 and above. There are also specific commission systems for margin trading with a NISA account, trading less than one unit of shares, buying off-auction shares, and telephone transactions.
Improvement Success Fee: When the contract price improves, an improvement success fee is charged, which is calculated as 30% (33% including tax) of the improved contract price. There is no minimum commission for this fee.
IPO and PO: There is no purchase fee for IPO (Initial Public Offering) and PO (Public Offering/Secondary Offering). However, a fee will be charged at the time of sale.
Off-Auction Distribution: There is no purchase fee for off-auction distribution, but a fee will be charged at the time of sale.
Fractional Shares: A fee of 0.5% (0.55% including tax) of the contract price is charged for fractional shares. There is no minimum commission for this fee, and transactions over the phone have a different fee structure.
Profit and Loss Accounting Support Service: A fee of 2 times (2.2 times including tax) the contract price is charged for the Profit and Loss Accounting Support Service. The minimum fee is 4,950 yen (tax included).
US Stocks: Trading fees for US stocks are determined based on the contract price per trade. The fee is 0.45% (0.495% including tax) of the contract price, with a minimum fee of USD 0 and a maximum fee of 20 USD (22 USD including tax).
Mutual Fund: There is no purchase fee for mutual funds.
FX: There is no commission fee for FX trading.
Futures and Options Trading: Fees for futures and options trading vary depending on the specific contracts. The fees are calculated based on the contract price and range from 0.04% to 1.5% (including tax), with minimum fees ranging from 1,100 yen to 11,000 yen (tax included).
NISA/Tsumitate NISA: There is no trading commission fee for NISA and Junior NISA accounts. There is also no purchase fee for investment trusts within these accounts.
Telephone Transaction Fee: A fee is charged for each contract in telephone transactions. The fees vary depending on the type of transaction, such as Japanese stocks, improvement success fee, fractional shares, and futures and options trading.
|Transparent fee structure for physical trading, Japanese stocks spot trading, and margin trading||Lack of information about fees for specific types of transactions|
|No commission fee for FX trading||Limited details about fees for IPO and off-auction distribution|
|No purchase fee for mutual funds||Lack of information about trading commission fees for NISA and telephone transactions|
|Reasonable fee tiers based on the total contract price for various trading services||No information about fees for profit and loss accounting support service|
|No minimum commission for improvement success fee||Limited details about fees for futures and options trading|
Deposit and withdrawal options at Matsui Securities are available to investors through four different methods: Netlink Deposit, Deposit Transfer, Time Deposit, and Bank Transfer Deposit. These options allow for transactions without any additional charges.
Net Link Deposit is a service that facilitates real-time transfers from a bank account to a securities account. It can be accessed through various platforms such as the customer site, smartphone site, Japan stock app, and stock touch. The service is available during specified hours, and it supports transactions with multiple financial institutions including Japan Post Bank, Mizuho Bank, Bank of Mitsubishi UFJ, and Sumitomo Mitsui Banking Corporation.
Raku-Raku Transfer Deposit enables instant transfers and deposits to a securities account by establishing an account transfer contract with a partnering financial institution. This service can be accessed through the customer site, smartphone site, Japan stock app, and stock touch. The supported financial institutions include Mizuho Bank, Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Japan Post Bank. The transfer deposit limit ranges from 10,000 yen to less than 100 million yen.
For recurring deposits, investors can opt for the Regular Deposit service. This service automatically withdraws a specified amount from a linked financial institution account on the 27th of each month (or the next business day if it falls on a holiday) and deposits it into the securities account five business days later. Account registration for withdrawal needs to be completed at least 8 business days before the withdrawal date. Various platforms such as the customer site, investment trust customer site, and investment trust app support recurring deposits, and investors can choose from over 100 available financial institutions across Japan.
Bank Transfer Deposit allows customers to transfer funds from an ATM or a counter of a financial institution to a dedicated bank account specified by Matsui Securities. This method ensures secure transactions by utilizing the established banking infrastructure.
In terms of withdrawals, Matsui Securities offers two options. Withdrawals made after the next business day are free of charge, while instant withdrawals incur a procedure fee of 300 yen (including tax). The timing of reflection and withdrawal limits depend on the reception time and vary between next business day and immediate availability. The withdrawal minimum amount is 1,000 yen for withdrawals after the next business day and 10,000 yen or more for instant withdrawals. Customers can make up to 5 instant withdrawals per day, with a maximum limit of 2 million yen per day.
|Multiple deposit methods available (Netlink, Raku-Raku, etc.)||Limited information about withdrawal processing times and limits|
|Automatic recurring deposit option available||Instant withdrawals incur a procedure fee|
|No additional charges for deposit and withdrawal transactions||Limited details about the withdrawal minimum amount|
|Wide range of supported financial institutions||Limited number of instant withdrawals allowed per day|
Matsui Securities offers a range of trading platforms tailored to meet various investment needs. These platforms are designed to provide essential functions and features for trading. Let's explore each platform briefly:
JAPANESE EQUITY APP: Matsui Securities' Japanese Equity App is a smartphone application that focuses on Japanese stock trading. It offers users access to market price information, charts, news reports, order placement, stock search, corporate information, IPO information, shareholder benefits, and a personalized user page. The app boasts a user-friendly interface and comprehensive features, allowing users to gather information and execute trades with ease.
U.S. STOCKS APP: The U.S. Stocks App by Matsui Securities is dedicated to trading U.S. stocks. It provides real-time stock price information, charts, news reports, order placement, stock search, and a personalized user page. The app is designed to be easily understandable, making it suitable for users who are new to trading U.S. stocks. It ensures a confident trading experience with its user-friendly interface.
INVESTMENT TRUST APP: Matsui Securities' Investment Trust App offers all the necessary functions for investing in mutual funds. Users can access market price information, place orders, search for funds, and manage their investments through their personalized user page. The app allows beginners to start their investment journey with ease, as it enables investing in funds starting from 100 yen.
FOREX APP: The Forex App provided by Matsui Securities caters specifically to trading in the foreign exchange market. It offers market price information, charts, news reports, and order placement features. The app also includes a personalized user page for managing trades. Notably, it incorporates features like “Speed Order” for quick order placement and “Chart Speed Order” for placing orders while viewing the chart.
FUTURES OP APP: Matsui Securities' Futures OP App supports futures and options trading. It provides market price information, charts, news reports, order placement, stock search, and a personalized user page. The app is designed with an intuitive and user-friendly interface, allowing users to easily gather information and execute trades.
For PC/tablet: In addition to the mobile trading platforms, Matsui Securities also offers a computer-based platform called “Netstock High Speed” and the “FX Trader Plus” platform exclusively for Forex trading. These platforms provide features for checking exchange rates, charts, order placement, and analysis.
|Multiple specialized apps for different types of trading||Limited information available about platform features|
|User-friendly interfaces for ease of use||Lack of transparency regarding platform fees and charges|
|Access to real-time market price information, charts, and news reports||Limited customization options for personalized user experience|
|Order placement and stock search functionalities||Insufficient information about available analysis and research tools|
|Personalized user pages for managing investments and trades||Limited information about customer support and assistance|
|“Speed Order” and “Chart Speed Order” features for quick trading||No information about platform compatibility with different operating systems|
|Computer-based platforms for desktop and tablet users with additional features||Limited details about the platform's security measures and data protection|
Matsui provides a range of educational resources to support individuals who are interested in learning about investment and Japanese stocks. One such resource is the “Learn to Invest” program, which caters to beginners looking to understand the basics of investing. The program covers topics such as the fundamentals of Japanese stocks, the first installment investment process, and information about seminars that delve deeper into investment strategies. Another valuable resource offered by Matsui is the contribution of Mr. Takeuchi, who shares his expertise through the “Let's Learn about Investment” initiative. This initiative provides insights into various aspects of investment, including how to choose suitable stocks for investment. Matsui also emphasizes the importance of integrating investment knowledge into one's lifestyle, offering resources that demonstrate how to incorporate investment practices seamlessly. Additionally, the company introduces first-time shareholder benefits, enabling individuals to explore the perks of owning stocks for the first time. For those seeking information on specific brands or stores, Matsui provides resources that highlight the company names associated with various investment opportunities. Moreover, Matsui emphasizes the appeal of high dividend stocks, providing insights and guidance on how to identify these potential investments. Lastly, Matsui offers a Q&A section specifically tailored to investment beginners, providing a simple and comprehensive collection of commonly asked questions to support their learning journey.
Matsui Securities provides customer support services through different channels based on the account holders' status. For individuals who already have an account with Matsui Securities, they can enjoy free customer support by calling the dedicated hotline at 0120-953-006 or using IP phone at 03-6387-3666. The customer support service is available on weekdays from 8:30 to 17:00.
For those who do not have a Matsui Securities account, there is a separate hotline at 0120-021-906, and an alternative contact number for IP phone users at 03-6387-3601. This customer support service is also available on weekdays from 8:30 to 17:00.
To learn more about the stock trading consultation services provided by Matsui Securities, individuals can contact firstname.lastname@example.org for further information.
Matsui Securities Co., Ltd. is a regulated company in Japan, holding a Retail Forex License under the jurisdiction of the Kanto Local Finance Bureau. While it has a good overall score, there are some disadvantages to consider. The lack of available information regarding the expiry date, website, and email address raises concerns about transparency and communication. Additionally, the absence of specific details about fees and commissions may make it difficult for potential clients to assess the costs associated with trading. However, Matsui Securities provides a variety of market instruments, including access to Japanese and US stocks, mutual funds, foreign exchange trading, futures/options, tax-advantaged accounts, and Japanese equities products. The company offers a range of trading platforms, tailored to different investment needs. It is important for individuals considering Matsui Securities to conduct further research and carefully evaluate the available information before making a decision.
Q: Is Matsui Securities Co., Ltd. regulated？
A: Yes, Matsui Securities Co., Ltd. is regulated by the Financial Services Agency in Japan and holds a Retail Forex License.
Q: What is the capital ratio of Matsui Securities？
A: Matsui Securities has a great capital ratio, indicating its financial strength and stability.
Q: How many brokers does Matsui Securities compare to？
A: Matsui Securities compares to three brokers.
Q: What are the market instruments offered by Matsui Securities？
A: Matsui Securities offers Japanese stocks, US stocks, mutual funds, FX (Foreign Exchange), futures/options, NISA/Tsumitate NISA, iDeCo, MMF (Money Market Funds), and ETFs/REITs.
Q: How can I open an account with Matsui Securities？
A: To open an account with Matsui Securities, you can visit their website and follow the account opening process specific to your customer type. The process can be completed online or through mailing the application form.
Q: What are the fees and commissions associated with trading on Matsui Securities？
A: The fees and commissions vary depending on the type of trading. For example, Japanese stocks spot trading and margin trading have fixed fees based on the total contract price. FX trading has no commission fees. It is recommended to refer to Matsui Securities' fee schedule for detailed information.
Q: What deposit and withdrawal options are available at Matsui Securities？
A: Matsui Securities offers Netlink Deposit, Deposit Transfer, Time Deposit, and Bank Transfer Deposit options for transactions without additional charges.
Q: What are the trading platforms provided by Matsui Securities？
A: Matsui Securities offers various trading platforms, including the Japanese Equity App, U.S. Stocks App, Investment Trust App, Forex App, Futures OP App, as well as PC/tablet platforms like “Netstock High Speed” and “FX Trader Plus.”
Q: What educational resources does Matsui Securities provide？
A: Matsui Securities offers educational resources, including the “Learn to Invest” program, to support individuals interested in learning about investment and Japanese stocks.
|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)|
|Spread||Vary on the account type|
|Commission||Vary on the account type|
|Trading Platform||MT4, MT5, WebTrader, or the PU Prime App|
|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|
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.
PU Prime is a regulated broker that is authorized and licensed by two major regulatory bodies: the Cyprus Securities and Exchange Commission (CYSEC) and the Financial Services Authority (FSA) of Seychelles. As a regulated broker, PU Prime adheres to strict regulatory requirements.
Pacific Union Group Ltd, its Cyprus entity, is authorized and regulated by the Cyprus Securities and Exchange Commission (CYSEC) under regulatory license number 342/17.
Pacific Union (Seychelles) Limited, is authorized and regulated by The Seychelles Financial Services Authority (FSA) under regulatory license number SD050.
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.
|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|
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.
|Offers a wide range of trading instruments including Forex, Indices, Commodities, Cryptocurrencies, Metals, Shares, Bonds, ETFs||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|
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
Daily news update
Market analysis (daily live-broadcast)
|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|
To open an account with this broker, you need to first visit their website and click on the “Live Account” button.
You will be required to fill out a registration form with your personal information, such as your name, email address, and phone number.
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.
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 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.
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.
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.
Here is a table format for the comparison of trading platforms between PU Prime and other brokers:
|PU Prime||MT4, MT5|
|Legacy FX||MT4, Sirix|
|IC Markets||MT4, MT5, cTrader|
|FP Markets||MT4, MT5, IRESS, WebTrader|
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.
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.
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.
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.
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||Founding 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|
Q: Is PU Prime a regulated broker？
A: Yes, PU Prime is regulated by both CySEC and FSA.
Q: What trading instruments does PU Prime offer？
A: PU Prime offers a range of trading instruments, including forex, indices, commodities, cryptocurrencies, metals, shares, bonds, and ETFs.
Q: What account types are available at PU Prime？
A: PU Prime offers several account types, including Cent, Standard, Prime, Pro, and Islamic.
Q: What is the minimum deposit required to open an account with PU Prime？
A: 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.
Q: What is the maximum leverage offered by PU Prime？
A: PU Prime offers a maximum leverage of 1:000.
Q: What trading platforms are available at PU Prime？
A: PU Prime offers both the MT4 and MT5 trading platforms.
Q: What deposit and withdrawal methods are available at PU Prime？
A: 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.
Q: Does PU Prime offer educational resources for traders？
A: Yes, PU Prime provides educational resources such as video tutorials, a blog, e-books, and a glossary.
Q: What is Autochartist and does PU Prime offer it？
A: Autochartist is a tool that helps traders analyze market data and identify potential trading opportunities. PU Prime offers Autochartist to its clients.
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 matsui and pacific-union are, we first considered common fees for standard accounts. On matsui, the average spread for the EUR/USD currency pair is -- pips, while on pacific-union the spread is 1.5.
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.
matsui is regulated by FSA. pacific-union is regulated by CYSEC,FSA,FSCA,NFA.
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.
matsui provides trading platform including -- and trading variety including --. pacific-union provides trading platform including STD ACCOUNT,PRIME ACCOUNT and trading variety including --.