PUPRIME
sogotrade
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Overview
PUPRIME was founded in 2015 and is headquartered in Seychelles, while sogotrade was established in 2016 and is based in USA. PUPRIME holds licences including Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, while sogotrade is regulated by Financial Conduct Authority (FCA) among others. PUPRIME serves 200,000+ clients worldwide; sogotrade has 1,000,000+. The minimum deposit is $50 at PUPRIME and $250 at sogotrade.
| Feature | PUPRIME | sogotrade |
|---|---|---|
| Min. Deposit | $50 | $250 |
| Regulation | 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 | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F307 |
| Founded | 2015 | 2016 |
| Country | Seychelles | USA |
| Clients | 200,000+ | 1,000,000+ |
Fees
Fees are a critical factor when choosing between PUPRIME and sogotrade, directly affecting your bottom line as a trader. sogotrade has a lower barrier to entry with a minimum deposit of $250 (vs $50 at PUPRIME). Both brokers charge withdrawal fees. sogotrade applies inactivity fees on dormant accounts; PUPRIME does not. Overall, PUPRIME scores higher on fees in our assessment.
| Feature | PUPRIME | sogotrade |
|---|---|---|
| Min. Deposit | $50 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
PUPRIME offers MT4, MT5, a proprietary platform, while sogotrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. PUPRIME supports social and copy trading features, which sogotrade does not offer. sogotrade edges ahead on platform breadth and functionality in our scoring.
| Feature | PUPRIME | sogotrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | No | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, WebTrader, PU Prime App, PU Social | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how PUPRIME and sogotrade 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. PUPRIME scores higher overall in education and research.
| Feature | PUPRIME | sogotrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. PUPRIME accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while sogotrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). sogotrade uniquely supports PayPal among the two brokers. sogotrade scores higher on deposit and withdrawal flexibility.
| Feature | PUPRIME | sogotrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 PUPRIME and sogotrade offer live chat support. Both provide phone support. Email support is available at both brokers. PUPRIME supports 1 language and sogotrade supports 8, giving sogotrade broader global reach. Both brokers are comparable on support quality.
| Feature | PUPRIME | sogotrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |