GoFX vs PU Prime

GoFX or PU Prime – which is better for UK traders 2024? Compare GoFX and PU Prime in this detailed breakdown of their platforms, features and fees.

GoFX vs PU Prime Comparison Table 2024
GoFX PU Prime
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3.4
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4.2
GoFX is ranked #51 among CFD brokers. PU Prime is ranked #61 among CFD brokers.
GoFX is an unregulated CFD and forex broker that covers instruments from currency, stock, index, commodity and crypto markets. Traders can sign up to a variety of account types with deposits as low as $1 and will trade using the popular MetaTrader 4 platform. Exceptionally high leverage up to 1:3000 is offered on the standard account, while traders with the low-spread account can access leverage up to 1:1000. Pacific Union Prime is an FSCA and offshore-regulated multi-asset broker offering competitive fees and direct market access on forex, commodities, stocks, bonds and indices. The broker supports the popular MetaTrader 4 and MetaTrader 5 platforms and a proprietary mobile app. Fees vary by account type with no commission and spreads from 1.9 pips on the Standard account and $7 commission per lot and spreads from 0.4 pips on the Prime account.
Pros
  • Multi-asset trading
  • 24/7 customer service
  • Demo account with easy sign-up
  • Very high leverage up to 1:3000
  • Micro lot trading for those on a budget
  • Bonus incentives and loyalty program
  • MetaTrader 4 platform and mobile app
  • Low minimum deposit of just $1
  • Industry-recognized MT4 and MT5 platforms and mobile apps
  • Good range of assets with nearly 1000 instruments over six asset classes
  • Competitive fees with the Prime account spreads starting at 0.4 with a $7 commission
  • Safeguards clients with segregated funds and negative balance protection
  • PU Social app with copy trading capabilities
  • Demo account with virtual funds
  • Swap-free Islamic account
  • Multilingual customer service
Cons
  • No additional tools or trading features
  • No proprietary trading platform or mobile app
  • Weak regulatory oversight
  • No copy trading
  • No tier 1 regulatory oversight
  • Relatively high $40 minimum withdrawal and handling fee for withdrawals under $100
  • Standard account spreads are mediocre
Awards
  • Fastest Growing Broker 2021 - Forex Awards
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, Cryptos, CFDs on Stocks, Indices & Commodities Forex, Commodities, Cryptocurrencies, Stocks, Indices
Bonus
100% cashback up to $10,000
Demo Account
Yes Yes
Minimum Deposit
$1 $50
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSA FSA (Financial Services Authority of Seychelles), FSCA (Financial Sector Conduct Authority), SVGFSA (Financial Services Authority St Vincent & The Grenadines)
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
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
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
PU Social enables clients to mirror the positions and strategies of expert traders. The app is available on iOS and Android devices and features a social investing network with thousands of traders.
Social Trading
No Yes
Trade Signals
Yes (via MT4) None
VPS Hosting
No No
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
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • HKD
  • SGD
Commodities
  • Gold
  • Silver
  • Oil
  • Oil
  • Gold
  • Copper
  • Silver
  • Corn
  • Cocoa
  • Coffee
  • Cotton
  • Natural Gas
  • Orange Juice
  • Soybeans
  • Sugar
  • Wheat
CFD
Trade CFDs on forex, indices, stocks, commodities and cryptocurrencies with leverage up to 1:3000. Swap-free trading is available, and all account types trade with competitive spreads and are commission-free except the Go Pro account, which charges a $7 round-turn commission. PU Prime offers CFD trading on hundreds of shares, as well as indices, commodities, bonds and cryptocurrencies. The leverage available varies by asset, and spreads also vary greatly between instruments and account types with the tightest near zero and the widest in the hundreds of pips. Stock, index, commodity and bond CFDs are traded on the leading MT4 platform.
Leverage
1:3000 1:500
FTSE Spread
0.01 Not Available
GBPUSD Spread<
0.00001 From 0.5 pips
Oil Spread
0.01 From 1.6 pips
Stocks Spread
Variable Variable
Forex
Trade a small selection of 25 major and minor pairs. Spreads from zero on the pro account, micro-lot trading, and very high leverage make up for the limited range of currencies. The MetaTrader software is also a well-regarded platform for forex trading. PU Prime clients can trade 40+ forex pairs via the MT4 and MT5 platforms with dynamic leverage up to 1:500. Spreads start from near zero on Prime accounts, which also charge a $7 commission per lot, and a zero-commission Standard account with wider spreads is also available.
Assets
28 800+
GBPUSD Spread
0.00001 From 0.5 pips
EURUSD Spread
0.00001 From 0.2 pips
EURGBP Spread
0.00001 From 0.4 pips
Cryptocurrency
Trade tight-spread CFDs on BTC, LTC, ETH, DOGE, ADA and XRP paired with USD. This may be too small a range to satisfy many crypto traders, but it is a comparable offering to similar brokers. Pacific Union offers leveraged cryptocurrency trading against the US Dollar. Spreads are tight and updated in real-time. Traders can analyze crypto markets using powerful trading software.
Spread
0.0001 From 0.7 pips
Coins
  • BTC
  • ADA
  • ETH
  • LTC
  • DOG
  • XRP
  • BTC
  • BCH
  • ETH
  • LTC
  • EOS
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
GoFX PU Prime
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