PU Prime vs Switch Markets

PU Prime or Switch Markets – which is better for UK traders 2025? Compare PU Prime and Switch Markets in this detailed breakdown of their platforms, features and fees.

PU Prime vs Switch Markets Comparison Table 2025
PU Prime Switch Markets
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4.2
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3.8
PU Prime is ranked #52 among CFD brokers. Switch Markets is ranked #51 among CFD brokers.
Pacific Union Prime, regulated by the FSCA and offshore authorities, is a multi-asset broker providing competitive fees and direct market access. It offers trading in forex, commodities, stocks, bonds, and indices. Traders can utilise the widely-used MetaTrader 4 and MetaTrader 5, as well as a bespoke mobile app. Fees differ by account type: the Standard account has no commission, with spreads starting from 1.9 pips, while the Prime account charges $7 commission per lot with spreads from 0.4 pips. Switch Markets is a multi-asset CFD brokerage regulated by ASIC and SVGFSA. The brand provides trading services on MT4 and MT5 platforms with leverage up to 1:500. It offers more than 2000 instruments and includes features like copy trading services and free VPS hosting.
Pros
  • Industry-acclaimed MT4 and MT5 platforms, along with their mobile applications.
  • A strong selection of nearly 1,000 instruments spans six asset classes.
  • The Prime account offers competitive fees, featuring spreads as low as 0.4 and a £7 commission.
  • Safeguards clients by keeping their funds separate and ensuring they cannot go into debt.
  • PU Social app with features for trading emulation.
  • Practice account with simulated capital.
  • Swap-free Islamic account
  • Multilingual customer service
  • Switch Markets provides a good selection of trading tools, such as a market sentiment heatmap, an economic calendar, and VPS access. I value the variety of forex calculators available.
  • I discovered 14 easy deposit methods and 5 base currencies. With average processing times of just 1 minute and 2 seconds, traders will find this particularly appealing.
  • I am impressed by the free access to HowToTrade's educational resources, community forum, and market analysis, all without requiring a deposit.
  • Traders can utilise the MetaTrader Trading Signals to mirror the actions of seasoned traders instantly.
  • The £50 minimum initial deposit for both account types is quite competitive relative to other brands.
Cons
  • No primary regulatory supervision.
  • For withdrawals below $100, there's a relatively steep minimum charge of $40 including a handling fee.
  • Standard account spreads are average.
  • I am somewhat worried that the international firm is governed by the SVGFSA, an offshore regulator known for offering minimal financial security to clients.
  • In my view, Standard account holders face relatively high spreads, averaging 1.5 pips for EUR/USD, which are not particularly competitive.
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, Commodities, Cryptocurrencies, Stocks, Indices CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities
Bonus
100% cashback up to $10,000
Demo Account
Yes Yes
Minimum Deposit
$50 $50
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC (Australian Securities and Investments Commission), FSA (Financial Services Authority of Seychelles), FSCA (Financial Sector Conduct Authority), SVGFSA (Financial Services Authority St Vincent & The Grenadines) ASIC
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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4.7
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4.8
Android App Rating
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3.5
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4.6
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Yes - Equinix
Copy Trading
Yes Yes
Copy Trading Platform
PU Social allows clients to replicate the strategies and positions of professional traders. The app, accessible on both iOS and Android platforms, features a social trading network with thousands of traders. Switch Markets provides low-cost trading services through the MetaTrader 4 platform, allowing traders to copy strategies efficiently.
Social Trading
Yes Yes
Trade Signals
None MT4
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • HKD
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • CHF
  • SGD
Commodities
  • Oil
  • Gold
  • Copper
  • Silver
  • Corn
  • Cocoa
  • Coffee
  • Cotton
  • Natural Gas
  • Orange Juice
  • Soybeans
  • Sugar
  • Wheat
  • Gold
  • Silver
  • Oil
  • Natural Gas
CFD
PU Prime provides CFD trading across a wide range of shares, indices, commodities, bonds, and cryptocurrencies. Leverage options differ depending on the asset, while spreads can range from nearly zero to several hundred pips, varying by instrument and account type. Trading for stocks, indices, commodities, and bonds takes place on the renowned MT4 platform. Switch Markets provides over 180 CFD instruments, offering leverage up to 1:500 and swift order execution in under 76 milliseconds. Commissions are competitive, at $7 per round turn for Pro account holders.
Leverage
1:500 1:500
FTSE Spread
Not Available 1.2
GBPUSD Spread<
From 0.5 pips 0.5
Oil Spread
From 1.6 pips 2.0
Stocks Spread
Variable Variable
Forex
PU Prime offers trading on over 40 forex pairs using the MT4 and MT5 platforms, with flexible leverage reaching up to 1:500. Prime accounts feature spreads starting close to zero, accompanied by a $7 commission per lot. Alternatively, traders can opt for a Standard account, which has no commission but offers wider spreads. The offering of over 60 major, minor, and exotic currency pairs is competitive, particularly with Pro account spreads starting at 0 pips. Seasoned traders can utilise leverage up to 1:500 on the widely-used MT4 platform.
Assets
800+ 60+
GBPUSD Spread
From 0.5 pips 0.5
EURUSD Spread
From 0.2 pips 0.1
EURGBP Spread
From 0.4 pips 0.6
Cryptocurrency
Pacific Union provides leveraged trading on cryptocurrencies against the US Dollar with competitive, real-time spreads. Traders have the advantage of utilising advanced software to examine crypto markets. Switch Markets offers just six crypto CFDs, but the available leverage of 1:3 is appealing. Additionally, deposit options include BTC, ETH, XRP, USDT, and USDTRC20, which is advantageous for traders.
Spread
From 0.7 pips Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • EOS
  • XLM
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
PU Prime Switch Markets
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