IC Markets vs PU Prime Comparison
Compare trading conditions, commissions and platforms of Forex brokers IC Markets and PU Prime. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - IC Markets or PU Prime?
Our pick: IC Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - IC Markets looks preferable to PU Prime.
IC Markets scored 4.7/5 and ranks 4 in our all Forex brokers list, whereas PU Prime has 4.4/5 and ranks 16.
This is not financial advice. See the full comparison below.
Who is IC Markets suitable for?
IC Markets is suitable for traders looking for low spreads and ECN accounts and the ability to scalp and use expert advisors.
Who is PU Prime suitable for?
PU Prime is suitable for beginners, active Forex/CFD traders, MT4/MT5 users, scalpers, and investors interested in copy trading.
Comparison Table of IC Markets and PU Prime
| Broker | IC Markets | PU Prime |
|---|---|---|
| Rating | 4.7/5 | 4.4/5 |
| Foundation Year | 2007 | 2015 |
| Regulated in Countries | Seychelles, Australia, Cyprus, Kenya | Mauritius, Seychelles, Australia, United Arab Emirates, South Africa |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | IC Markets Review | PU Prime Review |
IC Markets Review
IC Markets is a reliable and versatile broker that offers a wide range of services and tools for trading in the financial markets. The company provides impressive trading instruments, high-quality trading platforms, advanced analytical tools, and valuable education for traders of all levels.
IC Markets is likely most suitable for experienced traders who value deep liquidity, tight spreads, and advanced trading tools. Beginner traders can also benefit from the educational materials offered by the company, but they should be prepared for some additional expenses and a higher minimum deposit requirement.
Pros and Cons of IC Markets
Pros
- A wide range of trading assets.
- Low spreads.
- Variety of trading platforms.
- Quality educational materials.
- Efficient customer support service.
Cons
- High minimum deposit.
IC Markets is in the top 10 of the following ratings:
PU Prime Review
PU Prime is a versatile CFD broker that can suit a wide range of traders, from beginners to more experienced market participants. A low entry threshold, a demo account, a cent account, and educational materials make the broker accessible for getting started, while Prime and ECN accounts, MT4/MT5, VPS, and a wide selection of CFD instruments will appeal to active traders.
PU Prime is best suited for those who trade Forex and CFDs, use MetaTrader, are interested in copy trading, or want to combine self-directed trading with passive investment solutions.
Pros and Cons of PU Prime
Pros
- Reliable regulatory framework.
- Wide range of trading accounts.
- Over 1000 CFD instruments.
- MT4, MT5, WebTrader, the PU Prime App, copy trading, VPS, and rebates are available.
- Strong analytics and education section.
Cons
- On the Standard account, spreads are above the market average.
- The ECN account requires a high minimum deposit.
- No cTrader or TradingView integration.
PU Prime is in the top 10 of the following ratings:
Reliability
| Broker | IC Markets | PU Prime |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2007 | 2015 |
| Regulated in Countries | Seychelles, Australia, Cyprus, Kenya | Mauritius, Seychelles, Australia, United Arab Emirates, South Africa |
| Regulators |
IC Markets
IC Markets operates under the regulation of several jurisdictions, including ASIC in Australia, CySEC in Cyprus, and SFSA in the Seychelles, indicating a high degree of regulation.
PU Prime
PU Prime has a strong regulatory framework and additional protection mechanisms, but the level of safeguards depends on the jurisdiction through which the account is opened.
Pros
- Licenses from ASIC, FSCA, FSC, FSA, and the UAE CMA.
- Compensation fund up to €20 000.
- Funds insurance up to $1 000 000.
Account Opening
| Broker | IC Markets | PU Prime |
|---|---|---|
| Account Opening | 4.5/5 | 4.5/5 |
| Minimum Deposit |
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IC Markets
The account opening process at IC Markets is well-thought-out, transparent, and detailed, ensuring convenience and ease for clients. However, the high minimum deposit may deter many beginners.
PU Prime
Opening an account with PU Prime is simple and convenient: online registration, many account currencies, and a low deposit.
Pros
- Fast online registration.
- Minimum deposit from $20.
- 9 base account currencies.
Cons
- Withdrawals are available after address verification.
- There are several verification levels.
Account Types
| Broker | IC Markets | PU Prime |
|---|---|---|
| Account Types | 3.8/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
IC Markets
IC Markets' accounts are mainly aimed at experienced and professional traders.
Pros
- ECN accounts
- Ability to copy trades
- Access to VPS
Cons
- No cent accounts
- No fixed spread accounts
PU Prime
PU Prime's account types cover different scenarios: self-directed trading, strategy testing, copy trading, PAMM, and Islamic accounts.
Pros
- Standard, Prime, ECN, and Cent are available.
- Demo, Islamic, and PAMM accounts are available.
- Copy trading and a VPS program are available.
Commissions
| Broker | IC Markets | PU Prime |
|---|---|---|
| Commissions | 4.5/5 | 3/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 0.62 | 1.5 |
| Commission | per 1 lot$3.50 | per 1 lot$3.50 |
IC Markets
IC Markets has low commissions. Fees for transactions on ECN accounts and spreads are acceptable to most traders, and the absence of charges for deposits/withdrawals and account inactivity is a significant advantage.
PU Prime
PU Prime's fees are average: there are accounts with low costs, but the Standard account is somewhat expensive, and with low trading activity a withdrawal fee may apply.
Pros
- There are cashback and rebate programs.
- No account inactivity fee.
Cons
- Wide spreads on the Standard account.
- A withdrawal fee of up to 5% is possible.
Deposit and Withdrawal
| Broker | IC Markets | PU Prime |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Account Funding Methods |
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IC Markets
IC Markets offers multiple options for depositing and withdrawing funds, but possible fees from banks and payment systems should be considered, along with some restrictions on withdrawal methods.
PU Prime
Deposits and withdrawals at PU Prime are convenient: many methods, often fee-free and with fast processing. However, withdrawals require full verification.
Pros
- Cards, cryptocurrencies, and e-wallets are available.
- 0% fees for many methods.
- Many operations are available 24/7.
Cons
- Full verification is required for withdrawals.
- A fee of up to 5% may apply with low trading activity.
Markets and Products
| Broker | IC Markets | PU Prime |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 61 | 55 |
| Precious Metals | 7 | 8 |
| Energy Carriers | 5 | 7 |
| Soft Commodities | 8 | 7 |
| Indices | 25 | 32 |
| Stocks | 2175 | 622 |
| ETF | 38 | 65 |
| Bonds | 10 | 7 |
| Cryptocurrency | 21 | 64 |
IC Markets
IC Markets offers various trading instruments, including currency pairs, CFDs on metals, energy resources, commodities, indices, stocks, bonds, and cryptocurrencies.
PU Prime
PU Prime offers a strong range of markets: Forex, stocks, indices, cryptocurrencies, ETFs, commodities, and bonds. The selection is suitable for diversification.
Pros
- Over 1000 CFD instruments.
- Stocks, ETFs, cryptocurrencies, and bonds are available.
Trading Platforms
| Broker | IC Markets | PU Prime |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Trading Platforms |
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IC Markets
IC Markets provides powerful and functional trading platforms suitable for various trader categories.
PU Prime
PU Prime's platforms are convenient and functional: MT4, MT5, WebTrader, and a mobile app with copy trading are available.
Pros
- MT4 and MT5 are available.
- A web platform is available without installation.
- The PU Prime App supports copy trading.
Cons
- No cTrader.
- No TradingView integration.
Analytics
| Broker | IC Markets | PU Prime |
|---|---|---|
| Rating | 5/5 | 5/5 |
IC Markets
IC Markets provides its clients with an extensive set of analytical tools and materials, which can assist them in successful trading in the financial markets.
PU Prime
PU Prime's analytics are strong: market reviews, Autochartist, a calendar, calculators, and a heat map for finding trade ideas are available.
Pros
- Regular market analysis.
- Autochartist is available.
- A calendar and calculators are available.
Education
| Broker | IC Markets | PU Prime |
|---|---|---|
| Rating | 5/5 | 5/5 |
IC Markets
IC Markets offers a wide range of educational resources, from interactive video lessons to webinars and podcasts, demonstrating care for their clients and a commitment to providing all the necessary resources for successful trading.
PU Prime
PU Prime's education is strong: an academy, webinars, videos, e-books, quizzes, and a community for practice are available.
Pros
- Materials for different levels.
- Videos, webinars, and books are available.
- Quizzes and the PU Community are available.
Customer Support
| Broker | IC Markets | PU Prime |
|---|---|---|
| Rating | 4.7/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Twitter
Facebook
Instagram
LinkedIn
YouTube
TikTok
TelegramIC Markets
IC Markets provides a variety of communication channels, ensuring support service accessibility for clients. Numerous client reviews indicate the support team's quick response and high professionalism.
Pros
- Positive reviews about professional support
- Multiple channels for support communication
- Support is available 24/7
Cons
- Only international call option is available
PU Prime
PU Prime support is convenient and available 24/7, but the quality of handling complex disputes can be inconsistent.
Pros
- Live chat, email, phone, and tickets.
- Support operates 24/7.
Cons
- Complex cases may be resolved slowly.
- Reviews sometimes mention complaints about disputed situations.
Comparisons of IC Markets and PU Prime with other brokers
Conclusion
IC Markets stands out as the better overall pick, while PU Prime trails on aggregate criteria.
IC Markets scored 4.7/5 and ranks 4 in our rating; PU Prime has 4.4/5 and ranks 16.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: IC Markets or PU Prime?
IC Markets comes out ahead by overall rank (score 4.7/5, position 4) versus PU Prime (score 4.4/5, position 16).
Which broker is better for beginners: IC Markets or PU Prime?
IC Markets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — IC Markets or PU Prime?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with IC Markets and PU Prime?
IC Markets: MetaTrader 5, MetaTrader 4, cTrader, TradingView. PU Prime: MetaTrader 4, MetaTrader 5, PU Web Trader. See the “Platforms” section for details and selection tips.
What markets can you trade with IC Markets and PU Prime?
IC Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. PU Prime: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by IC Markets and PU Prime?
IC Markets: Standard, Raw Spread cTrader, Raw Spread. PU Prime: Standard, Prime, ECN, Cent. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by IC Markets and PU Prime?
IC Markets: PayPal, Neteller, Skrill, Bpay, FasaPay, Klarna, Swift, SEPA, Visa, Mastercard, UnionPay, POLi, Rapidpay. PU Prime: Skrill, Neteller, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — IC Markets or PU Prime — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
