Bullwaves vs PU Prime

Bullwaves or PU Prime – which is better for UK traders 2026? Compare Bullwaves and PU Prime in this detailed breakdown of their platforms, features and fees.

Bullwaves vs PU Prime Comparison Table 2026

Bullwaves	PU Prime
3.9	4.5
Bullwaves is ranked #33 among CFD brokers.	PU Prime is ranked #40 among CFD brokers.
Review	Review
Founded in 2024 and based in the Seychelles, Bullwaves is a broker exclusively using MetaTrader. It provides access to over 250 assets, encompassing forex, metals, indices, stocks, and ETFs. Traders have a choice of three account types: Classic, VIP, and Elite, tailored to suit varying levels of experience and financial capacity.	PU Prime operates as a forex and CFD broker, providing direct market access to forex, commodities, stocks, bonds, indices, and ETFs. It caters to traders of all levels with four account types: Cent, Standard, Prime, and ECN. Platforms include MetaTrader and the bespoke PU Prime app, designed for active trading.
Pros
Registering on the Bullwaves website and creating an account is straightforward and quick, typically completed in just a few minutes according to trials. Bullwaves has enhanced its portfolio by adding international equities, soft commodities, and ETFs. The range of FX assets has increased threefold. MT5 is now supported as MT4 is no longer available, offering traders a top-notch charting platform with superb backtesting features. Bullwaves introduces copy trading, enabling users to mimic traders' strategies with access to over 900 options. Benefit from tight spreads starting at just 0.01 pips. USDT transactions are supported alongside standard bank cards, bank transfers, and e-wallets. All three accounts provide trading without commission fees, allowing users to trade without additional costs other than the spread.	Prime and ECN pricing offers strong competition for active traders. Our tests show spreads significantly narrowing during liquid sessions, reaching around 0.0 pips. The platform range is robust. The PU Prime Web Trader and app offer user-friendly interfaces, intuitive order setup, and dynamic charts for swift trade execution. For short-term traders, there's an excellent set of tools, including margin and position sizing calculators, economic calendars, and robust technical insights from Autochartist. Over the years, PU Prime has enhanced its offerings by launching the PU Social app in 2022, obtaining ASIC approval for its Australian branch in 2025, and increasing its trading instruments by over 200, surpassing 1,000 in total.
Cons
Bullwaves operates outside of regulation in key markets. It holds a licence with the FSA, a 'red tier' regulator, indicating a lack of oversight from respected authorities to enforce robust financial standards. Customer support was dismal during our assessment. Contrary to their advertisement, there was no 24/7 chat service, and our email inquiries went unanswered. Bullwaves lacks educational and research resources, diminishing its attractiveness to novice traders, particularly when compared to leading firms like IG. Despite being a recent entry, the Bullwaves website features numerous non-functional links and placeholder text, undermining trust. A zero-spread trading account is unavailable, which may hinder experienced traders seeking to profit from minor price fluctuations.	Contacting customer support can be cumbersome and time-consuming. Recent tests revealed the need to navigate various chatbot menus, answer questions, and input contact details before speaking to an agent. The ECN account demands a $10,000 minimum deposit, preventing some active retail traders from accessing optimal pricing. These traders might incur higher costs on spreads and commissions with Prime, Standard, or Cent accounts. The internal market updates provide a brief overview but lack the depth required for in-depth strategy development or advanced analysis.
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
CFDs, Forex, Commodities, Stocks, Indices, ETFs	CFDs, Forex, Stocks, Indices, Commodities, Metals, Crypto, Bonds, ETFs
Demo Account
Yes	Yes
Minimum Deposit
$250	$20
Payment Methods
Credit Card Debit Card Mastercard Neteller Visa Wire Transfer	AstroPay Credit Card Debit Card FasaPay Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FSA	ASIC, FSCA, CMA, FSA, FSC
Mobile Apps
iOS & Android	iOS & Android
Trading App
Bullwaves licenses the MT5 platform for iOS and Android. Although MetaTrader attracts seasoned traders, beginners may find the absence of a proprietary app disadvantageous, as specific apps typically offer simpler interfaces and a more gradual learning curve.	PU Prime offers a sophisticated app for Apple and Android users, featuring over 1,000 instruments. Enjoy spreads starting from 0.0 pips and commissions as low as $1 per side/lot with the ECN account—ideal for traders. The mobile platform includes dynamic charts, account management features, and integrated support.
iOS App Rating
4.8	4.8
Android App Rating
4.6	4.2
Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	No
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
Bullwaves introduces copy trading, allowing users to replicate trades from leading strategy providers. With access to over 900 strategies and competitive spreads starting at just 0.01 pips, traders can easily leverage expert insights.	PU Social allows clients to replicate expert traders' strategies. With over 6 million trades copied, 32,000 signal providers, and 150,000 copiers, it boasts a robust social investing community. Accessible via iOS, Android, and web platforms, users can select signal providers by returns, win rate, and risk profile.
Social Trading
Yes	Yes
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$10	$0
Islamic Account
No	Yes
Account Currencies
USD EUR GBP	USD EUR GBP CAD AUD NZD JPY HKD SGD
Commodities
Gold Silver Oil Gasoline Corn Cocoa	Oil Gold Copper Silver Corn Cocoa Coffee Cotton Natural Gas Orange Juice Soybeans Sugar Wheat Platinum Palladium Precious Metals
CFD
Bullwaves provides CFDs with leverage up to 1:500, enabling traders to capitalise on short-term price fluctuations. The range of CFDs, however, is somewhat restricted, encompassing 100 currency pairs, six indices, and two metals. While cryptocurrencies are absent, stocks and soft commodities are available.	PU Prime provides CFD trading across hundreds of assets, including stocks, indices, commodities, bonds, ETFs, and cryptocurrencies. Maximum leverage, now increased to 1:1000, varies per asset and region. Traders can choose between the intuitive mobile app or the reliable MetaTrader for trading. Useful tools, like profit, margin, and position size calculators, assist in planning short-term CFD trades.
Leverage
1:500	1:1000
FTSE Spread
Variable	23 (ECN)
GBPUSD Spread<
Variable	0.2 (ECN)
Oil Spread
Variable	2.2 (ECN)
Stocks Spread
Variable	4.2 (Amazon)
Forex
Bullwaves has enhanced its forex services, now offering over 100 major, minor, and exotic currency pairs through the advanced MetaTrader 5 platform. This platform features an impressive charting suite and backtesting tools.	PU Prime offers trading on over 65 forex pairs with flexible leverage up to 1:1000. Forex major spreads start at 0.0 pips on Prime and ECN accounts during liquid markets. Clients can access a currency heatmap and choose from dependable platforms and apps.
Assets
100+	65+
GBPUSD Spread
Variable	0.2 (ECN)
EURUSD Spread
Variable	0.2 pips (ECN)
EURGBP Spread
Variable	0 (ECN)
Currency Indices
	USD
Cryptocurrency
	PU Prime has expanded its cryptocurrency options, now providing over 65 pairs, both crypto-fiat and exclusive crypto. Trade on major currencies like Bitcoin and Ripple, alongside lesser-known, volatile tokens. Access trading 24/7 through PU Prime's four accounts, available on desktop, web, and mobile platforms.
Spread
	27.5 (BTC)
Coins
	BTC SHIB XLM SAND BCH TRX XRP ETH LTC NEO WLD DOGE ONE LRC ATOM NXPC SOL USDT TRUMP XTZ WIF HYPE ZEC ONDO ADA WLFI AVAX BNB ALGO DOT BERA UNI 1INCH BAT ETC SKY CRV CRO MKR EOS GRT OKB NEAR FIL LINK IOTA HBAR SUSHI
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Bullwaves	PU Prime
Review	Review
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