B
PUPRIME logo

PUPRIME

8.3/10
Xtrade logo

Xtrade

6.6/10
5/10RegulationWinner8/10
10/10FeesTied10/10
8/10PlatformsWinner9/10
10/10WinnerEducation & Research0/10
7.5/10WinnerDeposits & Withdrawals0/10
10/10SupportTied10/10

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Overview

PUPRIME was founded in 2015 and is headquartered in Seychelles, while Xtrade was established in 2003 and is based in Australia. 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 Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. PUPRIME serves 200,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $50 at PUPRIME and $1 at Xtrade.

PUPRIME wins this category
FeaturePUPRIMEXtrade
Min. Deposit$50$1
RegulationPacific 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 52218Cyprus Securities and Exchange Commission (CySEC)
Founded20152003
CountrySeychellesAustralia
Clients200,000+10,000+

Fees

Fees are a critical factor when choosing between PUPRIME and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $50 at PUPRIME). PUPRIME charges withdrawal fees while Xtrade does not, a notable advantage for frequent withdrawers. Xtrade charges deposit fees; PUPRIME does not. The two brokers are broadly comparable on fee structure.

Tied
FeaturePUPRIMEXtrade
Min. Deposit$50$1
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

PUPRIME offers MT4, MT5, a proprietary platform, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. PUPRIME supports social and copy trading features, which Xtrade does not offer. Xtrade edges ahead on platform breadth and functionality in our scoring.

Xtrade wins this category
FeaturePUPRIMEXtrade
MT4YesYes
MT5YesYes
cTraderNoYes
Windows AppNoYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, WebTrader, PU Prime App, PU SocialNot available

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how PUPRIME and Xtrade compare. PUPRIME runs regular live webinars; Xtrade does not. PUPRIME has a video library; Xtrade does not. PUPRIME publishes daily market commentary; Xtrade does not. PUPRIME integrates third-party research tools (Trading Central, Autochartist); Xtrade does not. PUPRIME maintains an archive of past webinars for on-demand viewing. PUPRIME scores higher overall in education and research.

PUPRIME wins this category
FeaturePUPRIMEXtrade
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. PUPRIME uniquely supports bank transfer and credit/debit card and Skrill and Neteller among the two brokers. PUPRIME scores higher on deposit and withdrawal flexibility.

PUPRIME wins this category
FeaturePUPRIMEXtrade
Bank TransferYesNot available
Credit CardYesNot available
PayPalNoNot available
SkrillYesNot available
NetellerYesNot available

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both PUPRIME and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. PUPRIME offers multilingual support. Both brokers are comparable on support quality.

Tied
FeaturePUPRIMEXtrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglishNot available