PU Prime Journal
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PU Prime Profile
Website
Year
 2015
Country
 Seychelles
Branches
 13
Regulation
 FSA Seychelles
Registration
FSA Seychelles
Investor protection
Fund protection
 AA level bank insurance
Publicly traded
 no
Restricted in
Not serving
 х Afghanistan, American Samoa, Australia, Botswana, Cuba, Iran, Iraq, Lebanon, North Korea, Singapore, Somalia, Syria, US, US Virgin Islands 
Broker type
 MM, STP, DMA
Dealing book
 A+B hybrid book, A-book 
Tier
 3
Execution speed
 150 ms
LPs total
 22 
LPs quality
 Tier-1 Banks
LPs names
  ANZ, BNP Paribas, Bank of America, Barclays, Citibank, Commonwealth Bank, Goldman Sachs, HSBC, JPMorgan, Mizuho, NAB, Raiffeisen Bank, Santander, UBS
PU Prime Accounts
 STP
 DMA
 Minimum Deposit
 100 $
 1000 $
 Leverage
 500 : 1
 500 : 1
 Minimum Lot
 0.01 lots
 0.01 lots
 EURUSD spread
 1.3 pips
 0 pips
 Commission
 0 $/lotRT
 7 $/lotRT
 Volume
 100 lots
 100 lots
 Margin Call
 120 %
 120 %
 Stop Out
 50 %
 50 %
 Execution
 Market
 Market
 Spread
  floating
  floating
 Scalping
  yes
  yes
  Deposit & Fees
Deposit methods
 Bank Wire, Credit Card, Debit Card, Bitcoin, China UnionPay, FasaPay,  STICPAY, AstroPay
Base currency
 USD, GBP, CAD, AUD, EUR, SGD, NZD, HKD, JPY
Segregated accounts
 yes
Interest on margin
 no
Inactivity fee
after 3 months
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- Full listing profile: PU Prime broker profile
Is PU Prime safe?
- Investor protection: AA level bank insurance
- Regulation: FSA Seychelles
- Registration: FSA Seychelles
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is PU Prime trusted?
- Information transparency: sufficient ★★★ 
- Customer service: prompt, helpful ★★★★★ 
- PU Prime website: highly detailed, updated ★★★★★ 
- PU Prime popularity (by visitor count): average ★★★ 
How PU Prime works
8. We are the counterparty to all your trades. None of our products are listed on an exchange, nor can any rights, benefits or obligations be transferred to anyone else. While we undertake our obligation to provide you with best execution and to act reasonably and in accordance with our published terms of business, Margined Forex and CFDs opened on your account with us must be closed with us, based on our prices and on the terms and conditions that you have contracted with us.
http://www.puprime.com/pdf/0528/Risk_Disclosure.pdf?v=1613980797
14.2 The  Client  is  specifically  made  aware  that  in  certain  markets,  including  the foreign exchange markets, OTC foreign exchange options and CFD Contracts, Pacific Union Limited may act as a Market Maker.
14.5 Following execution of any position with a Client, Pacific Union Limited may at Pacific Union Limited’s reasonable discretion subsequently offset each such client position with another client position, or a position with one of Pacific Union Limited’s Counterparties or retain a proprietary position in the market with the intention to obtain trading profits from such positions.
13.3 If the Client, at any time during the Client relationship, has a negative cash-balance in any Account, Pacific Union Limited is entitled but not obligated to net between the Client's Accounts. The Client shall bear all the charges and any other costs associated with such netting in accordance with the Commissions, Charges & Margin Schedule.
14.5 Following execution of any position with a Client, Pacific Union Limited may at Pacific Union Limited’s reasonable discretion subsequently offset each such client position with another client position, or a position with one of Pacific Union Limited’s Counterparties or retain a proprietary position in the market with the intention to obtain trading profits from such positions.
13.3 If the Client, at any time during the Client relationship, has a negative cash-balance in any Account, Pacific Union Limited is entitled but not obligated to net between the Client's Accounts. The Client shall bear all the charges and any other costs associated with such netting in accordance with the Commissions, Charges & Margin Schedule.
http://www.puprime.com/pdf/0528/Client_Service_Agreement.pdf?v=1613980797
What execution method do you use?
All Pacific Union client’s orders are executed with No Dealing Desk intervention, this results in superior pricing that’s delivered faster, refreshes faster, has a greater depth of liquidity and experiences fewer outages.
Prime account shows the raw inter-bank spread received from our liquidity providers, average EUR/USD spread is 0.0 pips.
Are scalping and hedging allowed?
Pacific Union would not restrict trading methods including scalping in principle but abnormal transactions will be subject to corresponding financial regulations and supervision. We will have professional risk control and IT in the collection of data. Since transactions within the legal category are acceptable, so we do not restrict the transaction behaviour of customers within the legal limit.
Can I lose more than my initial deposit when trading Forex?
...You will be responsible for any negative balance in your trading account.
Do you offer negative balance protection?
Pacific Union offer negative balance protection.
All Pacific Union client’s orders are executed with No Dealing Desk intervention, this results in superior pricing that’s delivered faster, refreshes faster, has a greater depth of liquidity and experiences fewer outages.
Prime account shows the raw inter-bank spread received from our liquidity providers, average EUR/USD spread is 0.0 pips.
Are scalping and hedging allowed?
Pacific Union would not restrict trading methods including scalping in principle but abnormal transactions will be subject to corresponding financial regulations and supervision. We will have professional risk control and IT in the collection of data. Since transactions within the legal category are acceptable, so we do not restrict the transaction behaviour of customers within the legal limit.
Can I lose more than my initial deposit when trading Forex?
...You will be responsible for any negative balance in your trading account.
Do you offer negative balance protection?
Pacific Union offer negative balance protection.
https://www.puprime.com/support/help/faq/
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