PU Prime vs Switch Markets

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

PU Prime vs Switch Markets Comparison Table 2026
PU Prime Switch Markets
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4.5
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3.8
PU Prime is ranked #40 among CFD brokers. Switch Markets is ranked #48 among CFD brokers.
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. 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
  • 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.
  • 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
  • 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.
  • 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
CFDs, Forex, Stocks, Indices, Commodities, Metals, Crypto, Bonds, ETFs CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities
Demo Account
Yes Yes
Minimum Deposit
$20 $50
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, FSCA, CMA, FSA, FSC ASIC
Mobile Apps
iOS & Android iOS & Android
Trading App
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
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4.8
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4.8
Android App Rating
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4.2
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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
Yes 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
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes - Equinix
Copy Trading
Yes Yes
Copy Trading Platform
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. Switch Markets provides low-cost trading services through the MetaTrader 4 platform, allowing traders to copy strategies efficiently.
Social Trading
Yes Yes
Trade Signals
MT4
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
$0
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
  • Platinum
  • Palladium
  • Precious Metals
  • Gold
  • Silver
  • Oil
  • Natural Gas
CFD
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. 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
1:1000 1:500
FTSE Spread
23 (ECN) 1.2
GBPUSD Spread<
0.2 (ECN) 0.5
Oil Spread
2.2 (ECN) 2.0
Stocks Spread
4.2 (Amazon) Variable
Forex
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. 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
65+ 60+
GBPUSD Spread
0.2 (ECN) 0.5
EURUSD Spread
0.2 pips (ECN) 0.1
EURGBP Spread
0 (ECN) 0.6
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. 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
27.5 (BTC) Variable
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
  • 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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