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Site – ru.puprime.com
Pu Prime has been offering its services since 2015. The company claims to work with clients in 120 countries and regions, providing comfortable trading conditions on global financial markets. Among the key advantages of the broker are fast and reliable trade execution, low spreads (from 0.0 pips), and a personalized approach to each client. However, as with any broker, it is essential to thoroughly examine all aspects of its operations before starting cooperation.
Basic Information about Pu Prime
According to the information available on the official website (ru.puprime.net), Pu Prime is a trading brand of Pacific Union LLC. The company is registered in Saint Vincent and the Grenadines under registration number 271 LLC 2020. The broker also claims to hold a license from the Financial Sector Conduct Authority of South Africa (FSCA), license number 52218.
However, it should be noted that at the time of writing this article, the broker’s website did not provide official documents confirming its registration and licensing. This raises concerns about the transparency of the company’s operations and calls for further verification.
Services and Functionality
Pu Prime offers its clients the following features:
- Personalized Service: Each client is assigned a personal account manager, available through email, messaging apps, feedback forms, or by phone.
- Trading Platforms: The broker provides access to popular platforms MT4 and MT5, as well as its own app, PU Prime. All platforms are available in browser, desktop, and mobile versions, allowing traders to trade 24/7 from any device.
- Educational Materials: The company’s website features a comprehensive section with educational materials, including video tutorials, a trading blog, eBooks, and a glossary. These resources are helpful for beginners to understand the basics of online trading.
- Demo Account: To familiarize clients with the platform functionality and for practice trading, Pu Prime offers a demo account with virtual funds totaling $100,000.
- Copy Trading Feature: Clients who lack sufficient trading skills can take advantage of the automatic copy trading feature, copying the trades of professional traders.
- Affiliate Program: The broker offers participants in the affiliate program a reward of $150 for each referred client.
Risks and Doubts
Despite the wide range of services, there are several aspects of Pu Prime that raise concerns:
- Lack of Confirming Documents: The official website does not provide documents confirming the registration and licensing of the broker. This may suggest insufficient transparency in its operations.
- Multiple Domain Addresses: The company uses several domain addresses (puprime.com, puprime.net, pu-prime.com, and others), which can complicate the verification of its legitimacy and raise suspicions.
What to Do If You Encounter Problems?
If you have fallen victim to fraudulent activities by Pu Prime, it is essential to take immediate steps:
- Legal Assistance: Contact professional lawyers who can help gather evidence of fraud and file a lawsuit.
- Chargeback Procedure: If funds were transferred via credit cards, residents of the CIS and Europe can use the chargeback procedure to recover their money.
- Contact Law Enforcement: For residents of Russia, the process of recovering funds may be more complex. It is necessary to gather all evidence and file a police report to initiate an investigation.
- Consultation with a Lawyer: You can request a free consultation on specialized legal websites that can help clarify the situation.
Conclusion
Cooperating with Pu Prime requires thorough verification and a cautious approach. The lack of confirming documents and transparency in the company’s operations raises concerns.