Do you want to know which is the better broker between Spreadex and PU Prime ?
In the table below, you can compare the features of Spreadex , 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 spreadex, 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:
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 contained in this article is for general information purposes only.
|Spreadex Review Summary in 10 Points|
|Registered Country/Region||United Kingdom|
|Market Instruments||indices, shares, forex, commodities, bonds, interest rates, exchange traded funds, options, and cryptocurrencies|
|EUR/USD Spread||0.6 pips|
|Trading Platforms||Online platform, Mobile trading, and TradingView|
|Customer Support||Live chat, phone, email|
Spreadex is a UK-based brokerage firm, established back in 1999 and focused on a financial trading service providing, as well spread betting and sports betting, through its maintained office in London. Spreadex first moved into the online market in 2006 when it launched its website. Spreadex is regulated by the Financial Conduct Authority (FCA, registration number 190941) in relation to the spread betting services it offers.
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. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
|• FCA-regulated||• No MT4/5 trading platform|
|• Offers a range of financial spread betting and trading services to retail and professional clients||• Limited deposit and withdrawal options compared to other brokers|
|• Operates within regulatory restrictions for leverage levels|
|• Offers a range of educational resources|
|• Multi-channel customer support|
|• Many years experience in the indus|
|• Quick account opening and easy to use platform|
There are many alternative brokers to Spreadex depending on the specific needs and preferences of the trader. Some popular options include:
FP Markets - for traders seeking access to a wide range of trading platforms, advanced charting tools, and competitive pricing across various financial markets.
LiteForex - for traders looking for user-friendly MetaTrader platforms, a variety of analysis tools, and a range of trading instruments to choose from.
Global Prime - for traders who prioritize institutional-grade execution, access to multiple trading platforms, and a focus on transparent and reliable trading conditions.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Spreadex appears to be a legitimate broker for individuals interested in trading. The company is regulated by the United Kingdom Financial Conduct Authority (FCA, No. 190941), which adds a layer of safety and transparency for investors. Additionally, the fact that Spreadex offers clients segregated bank accounts can further enhance safety and security for their funds.Having many years of experience in the industry can also be seen as a positive sign, as it suggests that the company has a solid track record and established reputation.
However, it is always recommended for traders to do their own due diligence and research any potential broker before investing funds. Reviews and feedback from other traders can be helpful in determining the safety and legitimacy of a broker, as well as checking for any past incidents of fraud or other issues. Additionally, testing out the available trading platforms and customer support options can help to determine if a broker is a good fit for your individual trading needs and preferences.
Spreadex offers a diverse range of over 15,000 tradable assets, covering a wide variety of markets and instruments. This includes popular markets such as indices, shares, forex, commodities, and bonds, as well as interest rates, exchange traded funds, options, and cryptocurrencies.
Index trading is a popular market on Spreadex, with access to indices such as the FTSE 100, S&P 500, and NASDAQ. This can provide traders with broad exposure to the performance of the overall market, as well as specific sectors or industries.
Forex trading is also available on Spreadex, offering access to the world's largest financial market by trading volume. With access to major and minor currency pairs, traders can take advantage of currency fluctuations and volatility to seek out profits.
Commodity trading is another popular option on Spreadex, with access to gold, silver, oil, and other commodities. This can provide traders with a way to hedge against inflation or geopolitical risks, as well as potentially profiting from market movements.
There seems only one single account available for all traders, which is the Standard account. To open a real account just with the minimum deposit of $1, which sounds a good opportunity for most traders to get started.
As a UK brokerage firm, Spreadex operates within regulatory restrictions for leverage levels. The maximum leverage offered to retail traders is 1:30 for major currency pairs and lower for other instruments. This limitation is in place to protect investors from significant losses and ensure responsible trading practices.
Professional traders, however, may have access to higher leverage ratios once their status is confirmed and specified conditions towards spread betting and trading services are met. This can provide experienced traders with the opportunity to increase their potential profits, but it should be noted that higher leverage also carries higher risk.
Overall, Spreadex's leverage offering is in line with regulatory restrictions and aims to promote responsible trading practices. Traders can still access a range of markets and instruments, but should be aware of the potential risks involved with higher leverages.
Spreadex offers variable spreads that can fluctuate throughout the day depending on market volatility. Major currency pairs such as EURUSD and GBPUSD have very low spreads of 0.6 and 0.9 pips respectively, which is competitive with other brokers in the industry. Spreads for minor and exotic currency pairs are comparable to most other brokers as well.
For all markets apart from shares, the fee is simply the spread between the buy and sell price. However, for shares, there is an interest rate charge applied to the total value of the stock. This fee typically amounts to 1.25%, but it can increase to 1.5% for smaller stocks and those with less liquidity.
There is no information available on any commissions charged by Spreadex. However, the competitive spreads and lack of hidden fees make Spreadex a potentially attractive option for traders looking to minimize their costs.
Below is a comparison table about spreads and commissions charged by different brokers:
|Broker||EUR/USD Spread (pips)||Commissions (per lot)|
Please note that this information may have changed since my last knowledge update, and it's always recommended to verify the latest details with the respective brokers directly.
Spreadex offers a range of trading platforms to cater to traders' different preferences and needs. The online platform is Spreadex's flagship trading platform, featuring a user-friendly interface and a range of tools and features. The platform allows traders to access all of Spreadex's tradable assets and markets, as well as providing access to a range of analysis tools and educational resources.
Mobile trading is available through Spreadex's mobile app, which is available for both iOS and Android devices. The app provides traders with a convenient and flexible way to access their accounts and trade on-the-go, with many of the same features and tools as the online platform.
Finally, Spreadex also offers integration with TradingView, a popular third-party charting software. This can allow traders to access advanced charting features and tools, as well as collaborate with other traders in the TradingView community.
Overall, Spreadex's range of trading platforms provides traders with a range of options to suit their individual needs and preferences, whether they prefer a desktop platform, mobile app, or third-party software integration.
See the trading platform comparison table below:
|Spreadex||Custom online platform, Mobile app|
|FP Markets||MetaTrader 4, MetaTrader 5, IRESS|
|LiteForex||MetaTrader 4, MetaTrader 5, WebTrader|
|Global Prime||MetaTrader 4, WebTrader, FIX API|
Spreadex accepts deposits and withdrawals via Credit Card, Bank Transfer, Cheque, and Direct Debit. However, it does not currently accept deposits from E-Wallets such as Moneybookers, Paypal, Neteller, Ukash, etc. Deposits made by debit card under £50 are subject to a £1 fee. Spreadex does not accept any third-party payments.
International bank transfers and bank transfers in currencies other than sterling will be subject to additional charges. The minimum withdrawal amount is £50 cleared funds on your trading ledger that is not being used to support the margin/NTR on any open positions. If the available amount is less than £50, you will only be able to withdraw the full amount.
Spreadex offers card withdrawals which you'll receive within 2 hours of your withdrawal being approved. However, some card issuers may be unable to accept funds through this method, and in such circumstances, payments back to these cards will take 2-5 days to be received. Bank transfers should be in your account within 2 working days.
Overall, Spreadex's deposit and withdrawal options are limited compared to some other brokers, but the available options are low-fee and relatively quick processing times. It is recommended for traders to carefully review the available deposit and withdrawal options to ensure they meet their individual needs and preferences before investing funds.
Spreadex offers a range of customer service options to cater to traders' needs and preferences. This includes live chat, phone support, and email support. The financial desk can be reached at +44 (0)1727 895 151 while general inquiries can be directed to +44 (0)1727 895 000. The email address for customer service is email@example.com.
Traders can also follow Spreadex on various social networks, including Twitter, Facebook, Instagram, YouTube, and LinkedIn. This can provide a convenient way to stay up-to-date on news and updates from the broker, as well as connecting with other traders and the Spreadex community.
|• Multi-channel support||• No 24/7 customer support available|
|• Live chat support||• No information on multilingual support for non-English speakers|
|• Social media presence on various platforms for easy communication and updates|
Note: These pros and cons are subjective and may vary depending on the individual's experience with Spreadex's customer service.
Spreadex offers a range of educational resources to support traders, including a video training center, account FAQs, charting FAQs, trading FAQs, and a financial spread betting glossary. These resources can provide traders with a solid foundation of knowledge and help them develop their skills and understanding of the trading markets and instruments.
The video training center offers a library of educational videos covering topics such as market analysis, technical analysis, and risk management. Traders can watch these videos at their own pace and access them at any time.
The account FAQs, charting FAQs, and trading FAQs provide answers to common questions and concerns that traders may have about using Spreadex's platform and services. These resources can provide guidance and clarity for traders who are new to the platform or may be experiencing technical issues.
Finally, the financial spread betting glossary provides definitions and explanations of key terms and concepts related to spread betting and trading. This can be a valuable resource for traders who are new to the industry or may be unfamiliar with some of the terminology and jargon used in trading.
Overall, Spreadex's educational resources can provide traders with a solid foundation of knowledge and help them develop their skills and understanding of the trading markets and instruments.
In conclusion, Spreadex is a regulated financial spread betting and CFD provider offering a range of trading instruments. With competitive spreads, a user-friendly online platform, and mobile trading capabilities, Spreadex aims to cater to traders' needs. As with any trading platform, it's essential to review the latest information, terms, and conditions to make an informed decision that suits your specific requirements.
|Q 1:||Is Spreadex regulated？|
|A 1:||Yes. It is regulated by United Kingdom Financial Conduct Authority (FCA, No. 190941).|
|Q 2:||At Spreadex, are there any regional restrictions for traders？|
|A 2:||Yes. The information on their website is not targeted at the general public of any particular country. It is not intended for distribution to residents in any country where such distribution or use would contravene any law or regulatory requirement.|
|Q 3:||Does Spreadex offer the industry leading MT4 & MT5？|
|A 3:||No. Instead, it offers Online platform, Mobile trading, and TradingView.|
|Q 4:||What is the minimum deposit for Spreadex？|
|A 4:||The minimum initial deposit to open an account is $1.|
|Q 5:||Is Spreadex a good broker for beginners？|
|A 5:||Yes. It is a good choice for beginners because it is regulated well and has many years experience in the industry, as well as offers various trading instruments with competitive trading conditions on multiple trading platforms.|
|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 spreadex and pacific-union are, we first considered common fees for standard accounts. On spreadex, 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.
spreadex is regulated by FCA. 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.
spreadex provides trading platform including -- and trading variety including --. pacific-union provides trading platform including STD ACCOUNT,PRIME ACCOUNT and trading variety including --.