PU Prime

The Mauritius investment dealer licence of PU Prime Ltd was confirmed on the register, and the FSA Seychelles, the FSCA, the UAE Capital Market Authority and ASIC list group companies. The international site’s footer and copyright name PU Prime LLC, whose client agreement states that the St Vincent and the Grenadines regulator does not regulate or license it.

• StrengthPU Prime Ltd has been licensed by the FSC Mauritius as an investment dealer (full service dealer excluding underwriting) since 19 January 2024, and publishes its own client agreement.
• HighPU Prime LLC’s client service agreement states: “The SVGFSA does not regulate, monitor, supervise or license margin FX and contract for different issuers.” The puprime.com footer names this company, alongside the Mauritius company, as authorised to operate under the PU Prime brand, and the site’s copyright is held by PU Prime LLC.
• ObservationThe FSA Seychelles lists PU Prime Limited as a securities dealer trading as PU Prime, but no client agreement for it is published. The FSCA lists PU Prime (Pty) Ltd as an authorised financial services provider (FSP 52218), and the UAE Capital Market Authority lists PU Prime Financial Services LLC with introduction and promotion activities only.
• ObservationPU Prime Trading Pty Ltd holds Australian financial services licence 410681, current since 19 January 2012; the global LEI system records Admirals AU Pty Ltd and Admiral Markets Pty Ltd as other names of the company. PU Prime states that it serves only eligible Australian residents and does not cover services offered through puprime.com.

PU Prime names its contracting companies and their registration numbers, and they are identifiable on registers, but it does not disclose an owner or parent. No audited accounts or prudential disclosures were found for any group company.

• StrengthThe legal documentation page publishes separate client agreements for PU Prime LLC and PU Prime Ltd (Mauritius), and the help centre names each group company with its regulator and licence number.
• MediumNo owner is disclosed. PU Prime Limited (Seychelles), PU Prime (Pty) Ltd and PU Prime Trading Pty Ltd report to the global LEI system that no parent prepares consolidated accounts, and no audited accounts were found.

Clients of PU Prime LLC contract with a company no financial regulator supervises, and no compensation scheme applies to any company serving puprime.com clients. The LLC agreement includes a qualified segregation clause, and its negative balance relief is discretionary. The Financial Commission fund and an insurance policy that PU Prime cites are private arrangements.

• HighClients of PU Prime LLC have no statutory compensation scheme and no regulator oversees how their money is held. The LLC agreement provides for a segregated client account “when required by Law”, says client funds may be commingled in one account at a third-party institution, and states that segregation “does not fully protect the Client’s money from the risk of loss”.
• MediumUnder the LLC agreement, PU Prime “at its discretion, may credit the client’s account” after a negative balance caused by a market gap, for private clients who report it; exceptional market events are excluded. The Mauritius agreement contains no segregation or negative balance clause that we could find.
• ObservationPU Prime cites membership of the Financial Commission, whose fund covers unpaid Financial Commission judgments up to €20,000 per case, and a Lloyd’s insurance policy covering up to US$1,000,000 per client on PU Prime’s insolvency. Both are private arrangements; we did not review the policy.

Not assessed in a desk audit. Spreads, slippage and fill quality can only be measured with live accounts.

No enforcement action against PU Prime companies was found in the last eight years, in the Ontario tribunal, Brazil’s CVM sanctions data, the FSCA enforcement list or ASIC’s releases. Regulators in several countries have published warnings naming the brand as unauthorised.

• StrengthNo fine, settlement, sanctions case or licence action was found against PU Prime companies since October 2018.
• ObservationWarnings naming PU Prime as unauthorised have been published by the Ontario Securities Commission (March 2026), the FCA (2023 and 2026), the Danish FSA (2025), Japan’s Financial Services Agency (2024), Ukraine’s NSSMC (2024), the Alberta Securities Commission (2023) and Spain’s CNMV (2021), and PU Prime appears on the Reserve Bank of India’s Alert List and the Securities Commission Malaysia’s Investor Alert List. Under our methodology these warnings are recorded but not scored.
• ObservationPU Prime offers forex leverage of up to 1:1000 and deposit bonuses of 50% and 100%. Under our methodology offshore incentives are recorded but not scored where lawful.

Not assessed in a desk audit. Uptime, incident history and security controls require evidence from the firm or live monitoring.

No Great Place to Work certification was found. PU Prime reports the Dream Fund, an education programme launched in 2026 that supports children at five partner schools in Abuja, Nigeria.

• ObservationNo Great Place to Work certification was found in public sources.
• ObservationThe Dream Fund and its figures (five partner schools, 23 children) are reported by PU Prime itself; we found no independent reporting.