PU Prime vs TeleTrade Comparison
Compare trading conditions, commissions and platforms of Forex brokers PU Prime and TeleTrade. 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 - PU Prime or TeleTrade?
Our pick: PU Prime
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - PU Prime looks preferable to TeleTrade.
PU Prime scored 4.4/5 and ranks 16 in our all Forex brokers list, whereas TeleTrade has 3.6/5 and ranks 64.
This is not financial advice. See the full comparison below.
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.
Who is TeleTrade suitable for?
This broker is ideally suited for experienced traders who value narrow spreads and a variety of financial instruments. Beginners may find it difficult due to the lack of extensive educational materials.
Comparison Table of PU Prime and TeleTrade
| Broker | PU Prime | TeleTrade |
|---|---|---|
| Rating | 4.4/5 | 3.6/5 |
| Foundation Year | 2015 | 2000 |
| Regulated in Countries | Mauritius, Seychelles, Australia, United Arab Emirates, South Africa | Saint Vincent and the Grenadines |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | PU Prime Review | TeleTrade Review |
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:
TeleTrade Review
TeleTrade represents a comprehensive solution for traders looking for tight spreads, a variety of financial instruments, and quality customer support. It benefits experienced traders who can fully utilize the extensive analytical tools. However, beginners may find it challenging to get started without a wide range of educational materials.
If you are ready to undertake an intensive self-learning journey or possess ample experience, this broker can offer you all the necessary conditions for successful trading.
Pros and Cons of TeleTrade
Pros
- Tight spreads.
- A wide range of deposit and withdrawal methods.
- Diversity of financial assets.
- An extensive set of analytical tools.
- Quality customer support.
Cons
- High commission on ECN and NDD accounts.
- High swaps.
- Long withdrawal request processing time.
- Lack of educational materials other than articles.
Reliability
| Broker | PU Prime | TeleTrade |
|---|---|---|
| Reliability | 5/5 | 3/5 |
| Foundation Year | 2015 | 2000 |
| Regulated in Countries | Mauritius, Seychelles, Australia, United Arab Emirates, South Africa | Saint Vincent and the Grenadines |
| Regulators |
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.
TeleTrade
TeleTrade is a relatively reliable broker, especially considering its long-standing market experience.
Pros
- Long-term market history.
- A large client base worldwide.
Cons
- No regulation by stricter authorities (FCA, ASIC, BaFin).
Account Opening
| Broker | PU Prime | TeleTrade |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
|
|
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.
TeleTrade
The registration process with TeleTrade broker is extremely convenient and fast. Minimal field input and the ability to log in from the main page simplify the start in trading.
Account Types
| Broker | PU Prime | TeleTrade |
|---|---|---|
| Account Types | 5/5 | 3.5/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
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.
TeleTrade
The broker offers standard trading accounts with additional options such as "24% Bonus" and "Copy Trading". However, the absence of cent, fixed, and Islamic accounts narrows the choices for specialized traders.
Pros
- Additional income through "24% Bonus".
- The "Copy Trading" service for diversification.
- Loyalty program with bonus points.
Cons
- No accounts with fixed spreads.
- No cent accounts.
- No Islamic accounts.
Commissions
| Broker | PU Prime | TeleTrade |
|---|---|---|
| Commissions | 3/5 | 2.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.5 | 1.8 |
| Commission | per 1 lot$3.50 | per $1M turnover$8.00 |
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.
TeleTrade
The level of commissions can be considered average, making the broker's services suitable for various types of traders, but not ideal for all.
Pros
- Competitive spreads on the standard account.
- No withdrawal fees in certain cases.
Cons
- High transaction commission on ECN and NDD accounts.
- Above-average swaps on the standard account.
- Additional commission for account inactivity.
Deposit and Withdrawal
| Broker | PU Prime | TeleTrade |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Account Funding 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.
TeleTrade
The broker offers a variety of transaction methods, most of which are commission-free and with fast processing times.
Pros
- Wide selection of deposit and withdrawal methods.
- Most operations are commission-free.
- Instant fund crediting for most methods.
Cons
- Withdrawal requests can be processed for up to 7 business days.
- In some cases, a commission is charged for deposits and withdrawals.
Markets and Products
| Broker | PU Prime | TeleTrade |
|---|---|---|
| Markets and Products | 5/5 | 4.5/5 |
| Forex | 55 | 76 |
| Precious Metals | 8 | 17 |
| Energy Carriers | 7 | 4 |
| Soft Commodities | 7 | 7 |
| Indices | 32 | 26 |
| Stocks | 622 | 146 |
| ETF | 65 | - |
| Bonds | 7 | 3 |
| Cryptocurrency | 64 | 79 |
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.
TeleTrade
TeleTrade offers a wide range of financial instruments, making it attractive for various categories of investors.
Pros
- A large number of currency pairs.
- Wide selection of CFDs on metals and cryptocurrencies.
Cons
- Some brokers offer more CFDs.
Trading Platforms
| Broker | PU Prime | TeleTrade |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Trading Platforms |
|
|
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.
TeleTrade
TeleTrade provides excellent trading opportunities, offering two versions of the popular MetaTrader platforms.
Pros
- Support for MetaTrader 4 and 5, popular and reliable platforms.
- Availability on various operating systems and devices.
- Ability to use automated trading robots.
Cons
- Lack of proprietary platform or alternative to MetaTrader.
Analytics
| Broker | PU Prime | TeleTrade |
|---|---|---|
| Rating | 5/5 | 4/5 |
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.
TeleTrade
TeleTrade provides a good range of analytical tools, such as an economic calendar and technical analysis.
Pros
- Includes an economic calendar and updates news.
- Professional market reviews.
- Video analytics available.
Cons
- Lack of trading signals.
- Absence of calculators and technical analysis services.
Education
| Broker | PU Prime | TeleTrade |
|---|---|---|
| Rating | 5/5 | 2/5 |
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.
TeleTrade
The educational materials at TeleTrade are limited to articles only, which is not ideal for those seeking comprehensive education. The variety and depth of materials are severely limited.
Customer Support
| Broker | PU Prime | TeleTrade |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media | — |
Facebook
Twitter
LinkedIn
Instagram
YouTube
TikTok
TelegramPU 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.
TeleTrade
TeleTrade's technical support offers a wide range of communication channels and receives positive feedback from clients. Prompt response and quality consultation make this service one of the broker's strong points.
Comparisons of PU Prime and TeleTrade with other brokers
Conclusion
PU Prime stands out as the better overall pick, while TeleTrade trails on aggregate criteria.
PU Prime scored 4.4/5 and ranks 16 in our rating; TeleTrade has 3.6/5 and ranks 64.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: PU Prime or TeleTrade?
PU Prime comes out ahead by overall rank (score 4.4/5, position 16) versus TeleTrade (score 3.6/5, position 64).
Which broker is better for beginners: PU Prime or TeleTrade?
PU Prime 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) — PU Prime or TeleTrade?
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 PU Prime and TeleTrade?
PU Prime: MetaTrader 4, MetaTrader 5, PU Web Trader. TeleTrade: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with PU Prime and TeleTrade?
PU Prime: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. TeleTrade: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by PU Prime and TeleTrade?
PU Prime: Standard, Prime, ECN, Cent. TeleTrade: Standard, ECN, NDD, TeleTrade Invest. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by PU Prime and TeleTrade?
PU Prime: Skrill, Neteller, Bank Transfer, Visa, Mastercard. TeleTrade: Skrill, FasaPay, WebMoney, Swift, SEPA, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — PU Prime or TeleTrade — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
