PU Prime is a forex and CFD brand. It names companies licensed in the Seychelles (FSA), Mauritius (FSC), South Africa (FSCA) and Australia (ASIC), and PU Prime LLC, registered in Saint Vincent and the Grenadines without a financial licence, as well as an introduction-only company in the UAE and service companies in the UK and Cyprus. Its Australian company, PU Prime Trading Pty Ltd, was named Admirals AU Pty Ltd until January 2025. Companies House names Jingjing Wang as controlling the brand’s UK payment services company.
Research-based assessment This profile has not completed TTI’s on-site verification and 30-day platform review. How TTI verification works
| Regulator | Licence | Legal entity | Register status | Source |
|---|---|---|---|---|
| Financial Services Authority Seychelles (FSA) | SD050 | PU Prime Limited | Authorised Checked 26 Oct 2026 | Register entry for PU Prime Limited (opens in a new tab) 2 |
| Australian Securities and Investments Commission (ASIC) | AFSL 410681 | PU Prime Trading Pty Ltd | Authorised Checked 26 Oct 2026 | Register entry for PU Prime Trading Pty Ltd (opens in a new tab) 3 |
| Financial Sector Conduct Authority (FSCA) | FSP 52218 | PU Prime (Pty) Ltd | Authorised Checked 26 Oct 2026 | Register entry for PU Prime (Pty) Ltd (opens in a new tab) 4 |
| Capital Market Authority (CMA) | 20200000388 | PU Prime Financial Services LLC | Authorised Checked 26 Oct 2026 | Register entry for PU Prime Financial Services LLC (opens in a new tab) 5 |
Each licence was matched on the regulator’s own register on the date shown. Unverified claims are listed under Regulation and legal entities.
PU Prime’s Seychelles, Australian, South African and UAE licences match their regulators’ records; we could not check the Mauritius licence, for which the site gives two different numbers. The agreement it publishes for the Mauritius company is that of PU Prime LLC of Saint Vincent and the Grenadines, which holds no financial licence although the site calls it authorised. That agreement and the South African one say payments for trading are not client money and make negative balance relief discretionary, and the Seychelles agreement has no segregation or negative balance terms, while the home page says client funds are safely segregated and insured through Lloyd’s for up to USD 1 million. Australian clients of PU Prime Trading Pty Ltd have client trust accounts, negative balance protection and AFCA; other clients can take disputes to the Financial Commission, a private body. No compensation scheme applies. Companies House names Jingjing Wang as controlling the UK payments company; who owns the client-facing companies is not stated. Italy’s Consob ordered PU Prime’s sites to stop serving Italian investors in September 2026, and regulators in the UK, Canada, France, Denmark, Japan, India and Malaysia list the brand as unauthorised in their markets.
The four licences we could check are current, with no suspension or restriction shown.
Australian clients can go to AFCA. Other clients can escalate to the Financial Commission, which lists PU Prime as an active member since 16 July 2024, although its page does not say which companies are covered.
PU Prime’s complaint policy gives a contact address, acknowledgement within 48 hours and a reply within 21 calendar days, and the Australian policy a written reply within 30 calendar days.
The deposit and withdrawal policy says withdrawals are generally processed within 24 hours, arrive in 1 to 7 business days and go only to the depositing account, the funding page lists methods, times and limits, and the fees page says the first international bank withdrawal each month is free and later ones cost 20 units of the account currency.
Each company’s client agreement can be read without an account; we read the international ones from archived copies because the site refuses automated requests.
Reduced the enforcement dimension by 10 points (moderate severity, 0.1 years before the review).
Reduced the enforcement dimension by 2 points (low severity, 0.5 years before the review).
Reduced the enforcement dimension by 2 points (low severity, 0.6 years before the review).
Reduced the enforcement dimension by 2 points (low severity, 2 years before the review).
Reduced the enforcement dimension by 2 points (low severity, 1.8 years before the review).
Each dimension is scored from its criteria, then weighted. Dimensions without enough evidence are left out and the remaining weights are rescaled. Open a dimension to see every criterion, our rationale and the sources.
Whether the firm’s licences exist, are current and cover what it offers.
Client-facing entities appear on the regulator’s register 12345
We matched PU Prime Limited on the Seychelles FSA’s list, PU Prime Trading Pty Ltd in ASIC’s licensee data (AFSL 410681), PU Prime (Pty) Ltd on the FSCA’s register (FSP 52218) and PU Prime Financial Services LLC on the UAE register. We could not check the Mauritius licence, and PU Prime LLC of Saint Vincent and the Grenadines holds no licence we could find.
Permissions cover the services offered 23456789
ASIC’s licence covers dealing in and making a market in derivatives for retail clients, as the Australian PDS describes, and the FSA lists the Seychelles company as a securities dealer. But the FSCA approves the South African company only for advice and intermediary services while its agreement presents it as the broker clients trade with, PU Prime LLC offers CFDs without a licence, and we could not see the Mauritius company’s permissions. The UAE company is licensed and presents itself only as an introducer and promoter.
Regulatory claims on the website are accurate 1234561011
The footer says PU Prime LLC is registered and authorised by the Saint Vincent and the Grenadines FSA and its risk disclosure says it is authorised and regulated there, while its own agreement states that the SVG FSA does not regulate, supervise or license margin FX and CFD issuers. The regulation page gives the Mauritius licence as C119023096 in its FAQ and GB23202672 elsewhere. The FSA, ASIC, FSCA and UAE licences match the registers; we could not confirm the Mauritius licence.
Clients can tell which regulated entity serves them 112131415
The footer and legal page name each company and its regulator, and the Australian site says PU Prime Trading Pty Ltd issues the products to Australian clients. But the site does not say which international clients sign with the Seychelles, Mauritius or Saint Vincent company, the agreement published as the Mauritius company’s is PU Prime LLC’s, and the Seychelles company is listed twice under slightly different names.
Criteria and their weighting are explained in the methodology.
Whether you can find out who owns and runs the firm.
Legal entity details are published 11216171819
The footer and documents give names, registration numbers and addresses for the Seychelles, Saint Vincent, South African, Australian, UK and Cyprus companies, matching GLEIF, ABN Lookup and Companies House, but no company number for PU Prime Ltd of Mauritius, and the Seychelles company’s office number differs between the footer and its agreement.
Ultimate ownership can be identified 51819
Companies House registers Jingjing Wang as holding 75% or more of the shares of P.U.P. Integrated Services Limited, the UK payments company, and the UAE register names her as board member of PU Prime Financial Services LLC. We found nothing that names the owners of the companies that serve clients; GLEIF reports no consolidating parent for the Seychelles, South African and Australian companies.
Group structure is explained 12021
PU Prime calls itself a trading name of several entities authorised to use its brand, the Australian hedging policy calls PU Prime Limited a related body corporate and the Seychelles documents call PU Prime (CY) Limited the Seychelles company’s representative and distributor, but the site does not explain how the companies are owned or related.
Directors or senior managers are identified 251822
The FSA lists Christos Avgoustinos and Ziyi Su as accredited representatives of the Seychelles company, the UAE register names Jingjing Wang as board member of the UAE company with Yew Jun Boon as manager, and Companies House names Georgios Efstathiou as director of the UK payments company. PU Prime names no directors or senior managers of its client-facing companies.
Criteria and their weighting are explained in the methodology.
What protects client money if something goes wrong.
Client money segregation is disclosed 67816
The Australian company holds client money in client trust accounts, though its PDS says money there can be used to meet other clients’ payment obligations. The Saint Vincent and South African agreements put money in a segregated account only when the law requires it and say payments for trading are not client money, and the Seychelles agreement contains no segregation terms.
Retail clients have negative balance protection 67816
Australian retail clients have negative balance protection. The Saint Vincent and South African agreements leave relief for a negative balance to the company’s discretion and exclude abnormal market conditions, and the Seychelles agreement makes clients pay any debit balance on demand.
An investor compensation scheme applies 8232425
No investor compensation scheme covers clients of the Australian, Seychelles, Mauritius, Saint Vincent or South African companies. The Financial Commission’s fund only pays its own awards, up to €20,000 per client, if a member fails to pay, and we did not see the Lloyd’s policy the site describes.
Withdrawal terms are disclosed 262728
The deposit and withdrawal policy says withdrawals are generally processed within 24 hours, arrive in 1 to 7 business days and go only to the depositing account, the funding page lists methods, times and limits, and the fees page says the first international bank withdrawal each month is free and later ones cost 20 units of the account currency.
Criteria and their weighting are explained in the methodology.
Regulator warnings, enforcement actions and final legal findings on record.
Starts at 100 and loses points for each substantiated adverse finding by severity and age. Allegations, complaints and clone warnings never count. Total deducted: 25 points.
Warning lists and enforcement records have been searched 29303132
We searched CySEC, FCA, CVM, KNF, CNMV, Consob, ASIC and FSCA records, the warning lists of the AMF, Danish FSA, SFC and Canadian regulators and the Indian, Malaysian and Japanese lists, and ran web searches. We found the Consob order and the warnings recorded here.
Consob orders PU Prime’s sites to stop offering investment services in Italy 29
8 Sept 2026. Reduced the enforcement dimension by 10 points (moderate severity, 0.1 years before the review).
FCA warns that PU Prime / Pacific Union (Seychelles) Limited is not authorised in the UK 30
10 May 2023. Reduced the enforcement dimension by 1 points (low severity, 3.5 years before the review, counted at half weight).
Saskatchewan’s FCAA warns that PU Prime is not registered 38
27 Apr 2026. Reduced the enforcement dimension by 2 points (low severity, 0.5 years before the review).
Ontario Securities Commission warns that PU Prime is not registered in Ontario 31
27 Mar 2026. Reduced the enforcement dimension by 2 points (low severity, 0.6 years before the review).
On the Alberta Securities Commission’s investment caution list 39
10 Jul 2023. Reduced the enforcement dimension by 1 points (low severity, 3.3 years before the review, counted at half weight).
Québec’s AMF warns that Pacific Union Limited (PU Prime) is not authorised to solicit investors in Québec 40
8 Aug 2022. Reduced the enforcement dimension by 1 points (low severity, 4.2 years before the review, counted at half weight).
Listed on the AMF’s blacklist of unauthorised Forex websites 41
8 Nov 2024. Reduced the enforcement dimension by 2 points (low severity, 2 years before the review).
Danish FSA warns against trading with Pacific Union (Seychelles) Limited (PU Prime) 42
30 May 2023. Reduced the enforcement dimension by 1 points (low severity, 3.4 years before the review, counted at half weight).
Warned by Japan’s Financial Services Agency for soliciting derivatives business without registration 43
26 Dec 2024. Reduced the enforcement dimension by 2 points (low severity, 1.8 years before the review).
Named on the Reserve Bank of India’s alert list of unauthorised forex platforms 44
19 Nov 2025. Reduced the enforcement dimension by 2 points (low severity, 0.9 years before the review).
Listed on the Securities Commission Malaysia Investor Alert List 45
1 Jan 2022. Reduced the enforcement dimension by 1 points (low severity, 4.8 years before the review, counted at half weight).
Philippine SEC cease and desist order reported against Pacific Union LLC (PU Prime) 46
10 Jul 2025. Shown but not counted: it is not yet supported by a regulator, court or official record.
Criteria and their weighting are explained in the methodology.
How the firm handles complaints, and what independent records show.
Independent complaint outcomes show no adverse pattern 32
PU Prime has no UK company, so there are no Financial Ombudsman Service decisions, and we did not find published decisions of other dispute bodies.
Criteria and their weighting are explained in the methodology.
Whether costs, execution and risks are disclosed before you sign up.
Costs are disclosed before account opening 68162635
PU Prime publishes minimum spreads and commissions by account, the Islamic administration fees, deposit and withdrawal charges, and its Australian PDS sets out swaps and the conversion fee, but we found no swap rates for international accounts in a recent copy, and the Saint Vincent agreement says conversions are free while the Seychelles agreement allows a mark-up.
An order execution policy is published 81221
The Australian hedging policy names its hedge counterparties, FinPrime Group Limited and PU Prime Limited, and the PDS explains that the company is market maker and counterparty to every trade. The legal page publishes no order execution or conflicts policy for the Seychelles, Mauritius, Saint Vincent or South African companies.
Leverage and margin terms are disclosed 6782235
The accounts page gives leverage of up to 1:1000 with a 50% margin call and a 20% stop-out, but the Saint Vincent and South African agreements start margin calls at 100% and close positions at 50%. The Australian PDS applies ASIC’s retail leverage limits and a 50% close-out.
Criteria and their weighting are explained in the methodology.
Whether public claims hold up and the firm communicates openly.
Marketing claims are accurate and attributable 167102223
The home page says client funds are safely segregated and insured through Lloyd’s for up to USD 1 million, and the FAQ that negative balance protection eliminates the risk of owing money, while the Saint Vincent and South African agreements say payments for trading are not client money and make negative balance relief discretionary, and we did not see the insurance policy. The site calls PU Prime LLC authorised in Saint Vincent and describes PU Prime as reputable and legitimate, and many listed awards name no organiser.
An address and working contact channels are published 1245162236
PU Prime publishes an email address, a telephone number, live chat and each company’s address, and the UAE and Australian addresses match their registers, but the footer gives the Seychelles company Office 9A at CT House while its agreement and the FSA register give Office 1A, and the South African company appears at three addresses: Claremont in the footer, Ferndale on the about page and Sandown on the FSCA register.
Material changes are communicated 671637
The Seychelles agreement gives 30 days’ or two months’ notice of unfavourable changes and the Australian guide 30 days’ notice of fee increases, but the Saint Vincent agreement changes when a revised version is posted on the website, the South African one binds clients 10 days after notice or on their next order, and several agreements are undated.
Criteria and their weighting are explained in the methodology.
What our visit confirmed in person: a real, staffed office of the assessed entity, not a ghost address.
We have not checked this firm’s office in person, so this dimension scores zero. We check offices through our on-site verification programme.
Real office at the stated address, not a ghost address
Office of the assessed entity
Staffed and operating
Criteria and their weighting are explained in the methodology.
What our on-site checks and 30-day platform testing found.
We have not completed an on-site assessment of this firm, so this dimension does not count and its weight is shared among the others.
Company identity
Regulatory claims
Office visit
Account opening
Platform usability
Costs and disclosures
Customer support
Deposits and withdrawals
Trading functions
Complaints process
Criteria and their weighting are explained in the methodology.
A brand can trade through several companies, each licensed in a different place with different protections. Check which entity your account would be with.
Financial Services Authority Seychelles (FSA) · Reference SD050 2
Securities dealer
Listed by the FSA as a securities dealer trading as PU Prime; the licence number is PU Prime’s own (the register shows none).
Financial Services Commission, Mauritius (FSC) · Reference GB23202672 1
Investment dealer
Stated by PU Prime; the FAQ on its regulation page gives a different number, C119023096. The FSC Mauritius website and register put automated requests through a bot check, so we did not read them.
No licence recorded for this entity.
Australian Securities and Investments Commission (ASIC) · Reference AFSL 410681 3
Dealing in and making a market in derivatives and foreign exchange contracts, general advice and custodial services, for retail and wholesale clients
Licence start date 19 January 2012, when the company was Admiral Markets Pty Ltd.
Financial Sector Conduct Authority (FSCA) · Reference FSP 52218 4
Category I: advice and intermediary services in derivative instruments
Authorised since 11 March 2022. The FSP register covers advice and intermediary services; we did not check the separate list of authorised over-the-counter derivative providers.
Capital Market Authority (CMA) · Reference 20200000388 5
Category 5 (arrangement and advice): introduction and promotion
The register shows the company, established on 13 June 2025, and its introduction and promotion licences as active but does not display a licence number; 20200000388 is the number PU Prime gives.
No licence recorded for this entity.
No licence recorded for this entity.
Warnings, enforcement actions, legal findings, allegations and complaint records are labelled separately. What each label means.
By resolution 24127 of 8 September 2026 Italy’s Consob ordered the cessation of the unauthorised provision of investment services to the Italian public through www.puprime.com, it.puprime.com and the partner site it.puprimepartners.com, with their client areas, which let Italian users open trading accounts and recruited introducers of Italian clients; Consob noted reported contact with Italian clients who had filed complaints. It announced the blocking of the sites on 10 September 2026.
On 27 April 2026 the Financial and Consumer Affairs Authority of Saskatchewan warned that PU Prime (puprime.com), which offers residents CFDs on forex, metals, indices, commodities, shares, ETFs and bonds, is not registered to trade or sell securities or derivatives in the province.
On 27 March 2026 the Ontario Securities Commission issued an investor warning that PU Prime, found at puprime.com and puprime.net, is not registered in Ontario to engage in the business of trading in securities.
The Reserve Bank of India’s Alert List, updated as on 19 November 2025, includes PU Prime (in.puprime.com) among entities that are neither authorised to deal in forex under the Foreign Exchange Management Act nor authorised to operate a forex trading platform in India. The list warns residents but does not allege fraud.
Fintech News Philippines reported on 10 July 2025 that in July 2025 the Securities and Exchange Commission issued a cease and desist order against Pacific Union LLC (PU Prime) for offering unregistered, leveraged trading services with deposit bonuses to the Philippine public without the required registration and licences. We could not access the SEC’s own order, so this finding rests on a press report and is not counted in the score.
On 26 December 2024 Japan’s Financial Services Agency warned PU Prime Limited, giving addresses at The Catalyst, Ebene, Mauritius, and CT House, Providence, Seychelles, for soliciting over-the-counter derivatives trading over the internet without registration in Japan under the service name “PU Prime”.
France’s Autorité des marchés financiers added www.puprime.com to its Forex blacklist on 7 April 2021, fr.puprime.net on 17 October 2022 and fr.puprime.online on 8 November 2024, as sites offering financial services or products without authorisation. We record the three entries as one finding, dated by the latest entry.
On 10 July 2023 the Alberta Securities Commission added PU Prime (puprime.com) to its investment caution list as a firm that is not registered to trade in or advise on securities or derivatives in Alberta.
On 30 May 2023 Denmark’s Finanstilsynet warned that PU Prime (www.puprime.com), promoted to Danish clients by finfluencers, has no authorisation to provide investment services in Denmark, so offering them breaches the Investment Firm Act and its Danish clients have no access to the Danish Financial Complaint Board or the Danish Guarantee Fund.
On 10 May 2023 the FCA added PU prime / Pacific Union (Seychelles) Limited (puprime.com, puprime.net, puprime.org, puprime-uk.com) to its warning list as a firm that is not authorised and may be targeting people in the UK, noting that its clients have no access to the Financial Ombudsman Service or the FSCS. The warning was last updated on 20 April 2026 and was still published when we checked on 26 October 2026.
On 8 August 2022 Québec’s Autorité des marchés financiers warned that Pacific Union Limited, using puprime.com and the names Pacific Union Securities Limited and PU Prime, is not registered with it and is not authorised to solicit investors in Québec.
The Securities Commission Malaysia’s Investor Alert List includes “PU Prime” (www.puprime.com) for carrying on unlicensed capital market activities of dealing in securities. The list records the entry under the year 2022 without a specific date; we use 1 January 2022. The entry was still on the list when we checked on 26 October 2026.
Firms can respond to their profile and to any finding. No response has been published for PU Prime. How firms can respond.
| Review date | Result | Methodology | Status |
|---|---|---|---|
| 26 Oct 2026 | Trust score 64 out of 100 Mixed | 1.2 | Current |
No corrections have been made to this profile.
An archived copy, taken on 16 October 2026, of www.puprime.com. The home page says “Globally regulated, client funds safely segregated, and protected with independent dispute resolution plus Lloyd’s insurance coverage up to $1,000,000.” The footer names PU Prime Ltd (FSC Mauritius GB23202672, Suite 201, Level 2, The Catalyst, Ebene), PU Prime LLC (“registered and authorised by the St. Vincent and the Grenadines Financial Services Authority”, 271 LLC 2020, Euro House, Richmond Hill Road, Kingstown), P.U.P Integrated Services Limited (UK, 17424116, payment services, no regulated products), PU Prime Ltd and PU Prime Limited (both described as the Seychelles securities dealer licensed under SD050 at CT House, Office 9A) and PU Prime (CY) Limited (Cyprus, HE414308, payment and other services). The risk warning says losses can exceed deposits and gives no share of losing accounts. The footer links the PU Prime LLC privacy and data protection policies. puprime.com refused our automated requests with a Cloudflare check, so we read the copy kept by the Internet Archive.
Lists PU Prime Limited among licensed securities dealers at CT House, Office 1A, Providence, Mahe, trade name PU Prime, telephone +248 4373668, email info@puprime.com and website www.puprime.com. It lists Christos Avgoustinos as a securities dealer and Ziyi Su as a securities dealer representative accredited with PU Prime Limited. The register does not show licence numbers.
Lists AFSL 410681 held by PU Prime Trading Pty Ltd (ABN 63151613839), Sydney, from 19 January 2012, authorising it to deal in and make a market in derivatives and foreign exchange contracts, give general advice and provide custodial services to retail and wholesale clients.
The FSCA’s FSP search lists PU PRIME (PTY) LTD, a private company registered as 2021/675469/07, as an authorised financial services provider under number 52218 since 11 March 2022, physical address Norwich Place West, 2nd Floor, Sandown, Sandton, approved under Category I for advice and intermediary services in derivative instruments. It shows a compliance officer, Mr AJN Carstens, and no representatives or key individuals.
Lists PU Prime Financial Services LLC (CP-0001633) as active, established on 13 June 2025, at office 1209, floor 12, The Prime Tower, Business Bay, Dubai, with active licences for introduction and promotion. Jingjing Wang (China) is its board member; Yew Jun Boon is manager and head of the fifth category, Ziyi Su head of compliance and Ahmed Yousre Hares Motawea promotion manager. The register does not display a licence number.
An archived copy, taken on 23 March 2026, of the agreement of PU Prime LLC, “a company registered and authorised by the Saint Vincent and the Grenadines Financial Services Authority” under 271 LLC 2020, which adds that the SVGFSA “does not regulate, monitor, supervise or license margin FX and contract for different issuers”. Client money goes into a segregated account only when the law requires; payments for orders, margin or deposits are “not client money”, and such money may be passed to execution providers. A negative balance caused by a market gap may be credited at the company’s discretion, for private clients only and not in abnormal conditions. Margin call starts at 100% of required margin and positions are closed at 50%. PU Prime may amend the agreement by posting a revised version on the website, accepted by continued use. The dispute clause refers to a missing document. No fee is charged on currency conversions. Version December 2025 (we use 1 December). The site refused our automated requests, so we read the copy kept by the Internet Archive.
An archived copy, taken on 2 May 2026, of the undated agreement of PU Prime (Pty) Ltd (2021/675469/07), which it calls “a regulated broker company providing trading in financial and commodity-based derivative instruments”, authorised by the FSCA under FSP 52218. Its terms follow the Saint Vincent agreement: payments for trading are not client money, negative balance relief is discretionary, and the dispute clause refers to a missing document; amendments bind clients 10 days after notice or on their next order. Governed by South African law. The site refused our automated requests, so we read the copy kept by the Internet Archive.
PU Prime Trading Pty Ltd (ACN 151 613 839) issues the CFDs and margin FX contracts as market maker and counterparty to every trade, accepts only Australian residents, applies ASIC’s retail leverage limits (30:1 for major currency pairs) and closes positions when equity falls below 50% of margin. Client money is held in client trust accounts, co-mingled with other clients’ money, and the PDS warns that it can be used to meet other clients’ payment obligations. Retail clients have negative balance protection: the company’s recourse is limited to the money in the account. The company is a member of AFCA. The PDS sets out spreads, commissions, swaps, swap-free fees and a currency conversion fee, and is undated.
Says PU Prime Financial Services LLC, a Dubai limited liability company (commercial licence 1514609) at Office 1209, The Prime Tower, Business Bay, is licensed by the UAE Capital Market Authority under licence 20200000388 (fifth category, arrangement and advice) for introduction and promotion only, does not trade, hold client funds or provide custody, and that trading services may be offered by other licensed PU Prime group companies.
An archived copy, taken on 15 February 2026. It shows four licences: FSA Seychelles SD050 (CT House, Office 1A), FSC Mauritius GB23202672, FSCA 52218 and UAE CMA 20200000388. Its FAQ says PU Prime is “a well-established and reputable CFD broker” and is regulated by the FSA (SD050), the FSCA (FSP 52218) and the FSC of Mauritius under “Investment Dealer License No. C119023096”. The footer adds PU Prime Trading Pty Ltd (ASIC AFSL 410681), the issuer for Australian clients onboarded through puprime.au. The site refused our automated requests, so we read the copy kept by the Internet Archive.
An archived copy, taken on 2 May 2026. It says PU Prime is the commercial name of PU Prime LLC, which “is authorised and regulated by the Financial Services Authority of St. Vincent and the Grenadines under number 271 LLC 2020”. The site refused our automated requests, so we read the copy kept by the Internet Archive.
An archived copy, taken on 2 May 2026. It publishes client service agreements, risk disclosures and privacy policies for the FSA (Seychelles), Mauritius, PU Prime LLC and South Africa companies, with a complaint policy, a deposit and withdrawal policy, an anti-money laundering policy, website terms and copy trading terms. No order execution or conflicts of interest policy is listed. The footer gives PU Prime Limited’s Seychelles registration number as 8426654-1. The site refused our automated requests, so we read the copy kept by the Internet Archive.
An archived copy, taken on 21 March 2026, of the document the legal page publishes as the Mauritius client service agreement. It names PU Prime LLC of Saint Vincent and the Grenadines (271 LLC 2020) as the contracting company, refers to SVG law and does not mention Mauritius, PU Prime Ltd or the FSC. Version December 2025. The site refused our automated requests, so we read the copy kept by the Internet Archive.
An archived copy, taken on 21 March 2026. It says PU Prime is the commercial name of PU Prime Ltd, authorised and regulated by the FSC of Mauritius under licence GB23202672, at Suite 201, Level 2, The Catalyst Building, Ebene. The site refused our automated requests, so we read the copy kept by the Internet Archive.
For Australian residents only. Names PU Prime Trading Pty Ltd, licensed under AFSL 410681, at Suite 103, Level 1, 17 Castlereagh Street, Sydney, and points clients to its PDS and target market determination. Its legal page publishes the PDS, financial services guide, retail and wholesale terms, complaints policy, hedging policy and deposit and withdrawal policy.
An archived copy, taken on 22 March 2026, of the agreement of PU Prime Limited, licensed by the FSA Seychelles under SD050 at CT House, Office 1A, Providence, Mahe, together with PU Prime (CY) Limited of Cyprus. It contains no client money segregation or negative balance protection terms; clients must pay on demand any sums needed to clear a debit balance. Currency conversions carry a mark-up set in a schedule. Changes not in the client’s favour need 30 days’ notice for commercial use and two months for private use. Complaints go to the account executive and then the compliance department; no external body is named. The agreement is undated. The site refused our automated requests, so we read the copy kept by the Internet Archive.
Active Australian private company (ACN 151 613 839) based in NSW 2000, ABN active since 21 June 2011. Entity name PU Prime Trading Pty Ltd since 25 January 2025; Admirals AU Pty Ltd from 29 September 2022 to 25 January 2025; Admiral Markets Pty Ltd from 21 June 2011 to 29 September 2022.
Incorporated on 27 August 2026, registered office c/o Greenwoods Legal Services Limited, Queens House, 55-56 Lincoln’s Inn Fields, London; nature of business market research. Director: Georgios Efstathiou. Person with significant control since 27 August 2026: Jingjing Wang (Chinese, resident in China), holding 75% or more of the shares, more than half but less than three quarters of the votes and the right to appoint directors. No accounts are due yet.
Records PU PRIME LIMITED (Seychelles, 8426654-1, created 29 August 2019, CT House, Office 9A), PU PRIME (South Africa, 2021/675469/07, 18 Cavendish Road, Claremont) and PU PRIME TRADING PTY LTD (Australia, 151 613 839, Suite 103, Level 1, 17 Castlereagh Street, Sydney, also known as Admirals AU Pty Ltd and Admiral Markets Pty Ltd). For each it reports no parent company, giving the reason that no parent consolidates it.
An archived copy, taken on 21 March 2026. It names PU Prime Limited (FSA SD050, CT House, Office 1A) and PU Prime (CY) Limited, which it says acts as the Seychelles company’s appointed independent representative and distributor. The site refused our automated requests, so we read the copy kept by the Internet Archive.
Explains that the company acts as market maker, does not hedge every client position and chooses hedge counterparties by financial standing, licensing and reputation. It names its current hedge counterparties as FinPrime Group Limited and PU Prime Limited, “a related body corporate”.
An archived copy, taken on 1 May 2026. It lists more than 40 awards from 2021 to 2026, many without the name of the organiser. Its FAQ says PU Prime has operated since 2015 and is “a legitimate trading platform”, gives PU Prime (Pty) Ltd’s address as 37 Harley Street, Ferndale, Randburg, offers leverage of up to 1:1000 on all accounts with a 20% stop-out, and says negative balance protection “eliminates the risk of owing money to the broker”. The site refused our automated requests, so we read the copy kept by the Internet Archive.
An archived copy, taken on 7 December 2025. It says PU Prime has partnered with Lloyd’s to insure eligible clients’ funds for up to USD 1,000,000 per client, at no cost, with cover that applies only if PU Prime becomes insolvent, and refers to an insurance policy for eligibility. We did not see the policy. The site refused our automated requests, so we read the copy kept by the Internet Archive.
An archived copy, taken on 7 December 2025. It says PU Prime is a member of the Financial Commission, an independent external dispute resolution organisation, whose compensation fund pays up to €20,000 per case only if a member does not comply with a Financial Commission ruling, and does not cover broker insolvency. The site refused our automated requests, so we read the copy kept by the Internet Archive.
The Financial Commission, a private dispute resolution organisation, lists PU Prime as an active member registered on 16 July 2024, with a compensation fund of €20,000 per client. The page does not say which PU Prime companies are covered. The fund only pays Financial Commission awards a member fails to pay; it is not a compensation scheme.
An archived copy, taken on 7 December 2025. Islamic accounts pay an administrative fee set by liquidity providers, shown in tables; there are no account opening, maintenance or deposit fees; the first international bank transfer withdrawal each month is free and later ones cost 20 units of the account currency; dividend adjustments and futures rollovers are explained. The site refused our automated requests, so we read the copy kept by the Internet Archive.
An archived copy, taken on 7 December 2025, listing the funding methods (local and international bank transfer, cryptocurrency, credit card, e-wallet) with their commissions, average times (international transfers 2 to 5 working days), minimum and maximum amounts and currencies. The site refused our automated requests, so we read the copy kept by the Internet Archive.
An archived copy, taken on 21 March 2026. Withdrawals require full identity verification, go back to the account used to deposit, are generally processed within 24 hours and arrive in 1 to 7 business days (bank wires 3 to 5); PU Prime charges no withdrawal fees, though banks may. The site refused our automated requests, so we read the copy kept by the Internet Archive.
Consob found that www.puprime.com redirected to it.puprime.com, which let users connecting from Italy register and open Standard, Prime, ECN and Cent accounts to trade shares, indices, currencies, commodities, ETFs, bonds and cryptocurrencies, that the partner site it.puprimepartners.com recruited introducers of Italian clients, that contact with Italian clients who had filed complaints had been reported, and that the sites refer to entities named PUPRIME and are not attributable to any firm authorised in Italy. It ordered the cessation of the violation of article 18 of the Consolidated Law on Finance through those sites and myaccount.puprime.com and myaccount.puprime.online. Consob announced the blocking of the sites on 10 September 2026.
First published on 10 May 2023 and last updated on 20 April 2026: PU prime / Pacific Union (Seychelles) Limited (puprime.com, puprime.net, puprime.org and puprime-uk.com, Seychelles and UK telephone numbers, and social media accounts) is not authorised by the FCA and may be targeting people in the UK; people who deal with it have no access to the Financial Ombudsman Service or the FSCS.
Dated 27 March 2026: PU Prime, found at puprime.com and puprime.net, is not registered in Ontario to engage in the business of trading in securities.
On 26 October 2026 we searched CySEC’s 1,173 board decisions, the FCA’s list and warnings, the CVM’s declaratory acts, KNF’s lists, the CNMV’s warned-companies search, Consob’s resolutions and blocking notices, the Reserve Bank of India’s alert list (19 November 2025), Bank Negara Malaysia’s and the Securities Commission Malaysia’s alert lists, the Japan FSA’s list of warned unregistered firms (25 September 2026), the AMF, Danish FSA and SFC warning lists and the Canadian regulators’ alerts for PU Prime, Pacific Union and the company names, and ran web searches for actions by ASIC, the FSCA and others. We found the Consob order and the warnings and alert-list entries recorded here, and no ASIC, FSCA, CySEC, CVM, CNMV or SFC action.
An archived copy, taken on 21 March 2026. Complaints go in writing to the support team, are acknowledged within 48 hours and answered within 21 calendar days; a client who is not satisfied, or has no answer within 15 business days, can escalate to the Financial Commission within 45 days of the incident, whose decisions bind PU Prime. The site refused our automated requests, so we read the copy kept by the Internet Archive.
Adopted on 11 February 2025. Complaints are acknowledged and, if not resolved within 5 business days, answered in writing within 30 calendar days, with the right to escalate to the Australian Financial Complaints Authority.
An archived copy, taken on 7 December 2025. Standard (from 1.3 pips, no commission, USD 50 minimum), Prime (from 0.0 pips, USD 3.5 per side per lot, USD 1,000), ECN (from 0.0 pips, USD 1 per side per lot, USD 10,000) and Cent accounts, all with leverage of up to 1:1000, a 50% margin call and a 20% stop-out. The site refused our automated requests, so we read the copy kept by the Internet Archive.
An archived copy, taken on 1 May 2026. It offers live chat around the clock, an email address and the telephone number +248 4373 105, and a contact form, with no postal address of its own; the footer gives the companies’ registered addresses. The site refused our automated requests, so we read the copy kept by the Internet Archive.
Describes the services PU Prime Trading Pty Ltd provides under its licence, how it is paid, its dispute resolution process and AFCA, and promises at least 30 days’ notice of fee increases.
Dated 27 April 2026: PU Prime, which offers Saskatchewan residents forex, metals, indices, commodities, shares, ETFs and bonds mainly through CFDs, is not registered with the FCAA to trade or sell securities or derivatives in Saskatchewan. The alert applies only to the entity using puprime.com.
Added on 10 July 2023: PU Prime (puprime.com) is not registered to trade in or advise on securities or derivatives in Alberta.
An archived copy, taken on 20 July 2026: published on 8 August 2022, the AMF warns that Pacific Union Limited (puprime.com; other names Pacific Union Securities Limited and PU Prime) is not registered with the AMF and is not authorised to solicit investors in Québec. The live page blocked our request (Cloudflare), so we read the archived copy.
The AMF’s Forex blacklist includes www.puprime.com (added on 7 April 2021), fr.puprime.net (17 October 2022, page /frpuprimenet) and fr.puprime.online (8 November 2024, page /frpuprimeonline) as sites offering financial services or products without authorisation in France.
Published on 30 May 2023: PU Prime (www.puprime.com), marketed to Danish clients by Danish-speaking finfluencers, has no authorisation to provide investment services in Denmark and has not been notified by any foreign supervisor, so offering them breaches the Danish Investment Firm Act; its Danish clients have no access to the Danish Financial Complaint Board or the Danish Guarantee Fund.
Lists PU Prime Limited, with addresses at Suite 201, Level 2, The Catalyst Building, Ebene, Mauritius, and CT House, Offices 9A and 1A, Providence, Mahe, Seychelles, warned in December 2024 for soliciting over-the-counter derivatives trading over the internet without registration in Japan under the service name “PU Prime”. Other entries give the warning date as 26 December 2024 and note that FinPros Financial Ltd, OnEquity Ltd and TopFX Global Ltd. use the same CT House, Office 9A address.
Lists entities not authorised to deal in forex or operate forex trading platforms in India. Entry 71 is PU Prime, https://in.puprime.com.
Includes an entry dated 2022 for “PU Prime” (https://www.puprime.com/) for carrying on unlicensed capital market activities of dealing in securities.
Reports that in July 2025 the Philippine Securities and Exchange Commission issued cease and desist orders against Pacific Union LLC (PU Prime) and another entity, after its enforcement department found that PU Prime offered unregistered, leveraged trading services with deposit bonuses on investments of USD 50 to USD 10,000, in breach of sections 8 and 28 of the Securities Regulation Code.
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