fxcl markets
PUPRIME
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Overview
fxcl markets was founded in 2006 and is headquartered in Cayman Islands, while PUPRIME was established in 2015 and is based in Seychelles. fxcl markets holds licences including Financial Services Authority (FSA) number 1637, while PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd among others. fxcl markets serves 10,000+ clients worldwide; PUPRIME has 200,000+. The minimum deposit is $250 at fxcl markets and $50 at PUPRIME.
| Feature | fxcl markets | PUPRIME |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Regulation | Financial Services Authority (FSA) number 1637 | Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218 |
| Founded | 2006 | 2015 |
| Country | Cayman Islands | Seychelles |
| Clients | 10,000+ | 200,000+ |
Fees
Fees are a critical factor when choosing between fxcl markets and PUPRIME, directly affecting your bottom line as a trader. fxcl markets has a lower barrier to entry with a minimum deposit of $250 (vs $50 at PUPRIME). PUPRIME charges withdrawal fees while fxcl markets does not, giving fxcl markets an edge for frequent withdrawers. Overall, PUPRIME scores higher on fees in our assessment.
| Feature | fxcl markets | PUPRIME |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
fxcl markets offers MT4, MT5, cTrader, while PUPRIME supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. fxcl markets edges ahead on platform breadth and functionality in our scoring.
| Feature | fxcl markets | PUPRIME |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | No |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, WebTrader, PU Prime App, PU Social |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how fxcl markets and PUPRIME compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | fxcl markets | PUPRIME |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fxcl markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while PUPRIME supports 4 (bank transfer, credit/debit card, Skrill, Neteller). fxcl markets uniquely supports PayPal among the two brokers. fxcl markets scores higher on deposit and withdrawal flexibility.
| Feature | fxcl markets | PUPRIME |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fxcl markets and PUPRIME offer live chat support. Both provide phone support. Email support is available at both brokers. fxcl markets supports 8 languages and PUPRIME supports 1, giving fxcl markets broader global reach. Both brokers are comparable on support quality.
| Feature | fxcl markets | PUPRIME |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English |