Rating Index

Pros

Competitive spreads starting from 0.0 pips on ECN accounts with low commission fees.

Wide range of over 1,000 CFD instruments across various asset classes including forex, commodities, and cryptocurrencies.

User-friendly trading platforms available, including MetaTrader 4, MetaTrader 5, and a proprietary mobile app.

Cons

Not regulated in the United States, which may raise concerns for U.S. traders regarding legal protections.

Reported issues with withdrawals and execution of stop-loss orders at times.

Limited educational resources and transparency in copy trading features, which may not cater well to beginner traders.

Pico Prime broker Accounts

PU Prime Account Type

PU Prime offers a variety of account types to cater to different trading styles and preferences. The available account types include:

Standard Account

Minimum Deposit: $50
Spread: Floating from 1.3 pips
Commission: No
Maximum Leverage: 1:1000

Prime Account

Minimum Deposit: $1,000
Spread: Floating from 0.0 pips
Commission: $3.5 per side/lot
Maximum Leverage: 1:1000

ECN Account

Minimum Deposit: $10,000
Spread: Floating from 0.0 pips
Commission: $1 per side/lot
Maximum Leverage: 1:1000

Cent Account

Minimum Deposit: $20
Spread: Floating from 1.3 pips
Commission: No
Maximum Leverage: 1:1000

Each account type is designed to meet the needs of various traders, from beginners to experienced professionals, allowing them to select the best option based on their trading volume, preferred instruments, and risk appetite.

PU Prime Broker Account Opening Process

The account opening process at PU Prime is straightforward and user-friendly. Heres how to get started:

Visit the PU Prime Website

Go to the official PU Prime website.

Click on "Sign Up"

Locate and click the "Sign Up" button on the homepage.

Fill in Personal Information

Provide required personal details such as name, email address, and country of residence.

Complete Additional Personal Information

Enter details like gender, date of birth, mobile number, and nationality.

Choose Account Type and Platform

Select your preferred account type, trading platform, and base currency.

Submit Verification Documents

Upload proof of identity (passport, driver's license, or government-issued ID) and proof of residence (utility bill or bank statement) to comply with KYC regulations.