Written by ForexBrokers.com
In this head to head comparison of Saxo vs PU Prime, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Saxo and PU Prime are both private brokers that are not listed on a stock exchange, but they differ sharply in background and oversight. Saxo was founded in 1992 and is also a bank, while PU Prime was founded in 2015 and is not a bank. Based on ForexBrokers.com ratings, Saxo’s Trust Score is 99 out of 99, which places it in the highly trusted range, while PU Prime scores 79, which falls into the average risk category.
In terms of regulation, Saxo holds 7 Tier-1 licenses and 1 Tier-2 license, giving it a much stronger regulatory profile. PU Prime holds 1 Tier-1 license and 2 Tier-2 licenses. For traders comparing online broker safety and regulation, Saxo stands out for its longer history, banking status, and much higher Trust Score, while PU Prime offers a more limited regulatory setup.
| Feature |
Saxo
|
PU Prime
|
|---|---|---|
| Year Founded | 1992 | 2015 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
Saxo comes out ahead on commissions and fees overall, earning a 5-star rating and ranking #8 out of 36 brokers for this category. Its pricing is especially strong for active, high-volume, and larger-balance traders, with forex trading generally commission-free and costs built into the spread. In November 2023, average EUR/USD spreads were 1.1 pips for Classic, 1.0 for Platinum, and 0.9 for VIP, while the lowest pricing is reserved for higher-tier clients. Saxo also waives custody fees for share trading if you opt into securities lending, and its Classic account now has a $0 minimum deposit for new customers.
PU Prime is more flexible in how it structures trading costs, but it ranks lower than Saxo at #22 out of 36 and holds a 4.0-star rating for commissions and fees. Its Standard and Cent accounts keep things simple by building costs into the spread with no separate commission, while its Prime and ECN accounts offer tighter starting spreads from 0.0 pips in exchange for commissions. For example, Prime charges $3.50 per side per standard lot, while ECN is cheaper at $1 per side per standard lot. This gives traders options depending on whether they prefer lower upfront deposits or lower trading costs.
In a head-to-head comparison, Saxo is the better pick for lower overall pricing if you qualify for its higher account tiers, especially Platinum or VIP. PU Prime may appeal more to beginners or traders who want to choose between spread-only pricing and commission-based pricing across account types, but its costs are less consistently competitive than Saxo’s. If your main goal is to keep commissions and fees as low as possible, Saxo has the edge.
| Feature |
Saxo
|
PU Prime
|
|---|---|---|
| Minimum Deposit | $0 | $50.00 |
| Average spread (EUR/USD) - Spread-only account | 1.0 | 1.3 |
| All-in Cost EUR/USD - Raw spread account | N/A | 0.9 |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Saxo offers a much wider range of investments than PU Prime, making it a stronger choice for traders who want more market access. Saxo provides 71,000 tradeable symbols and 192 forex pairs, while PU Prime offers 1,000 symbols and 55 forex pairs. Both brokers support forex trading as either a CFD or spot contract, and both offer cryptocurrency CFDs, but neither lets clients buy actual cryptocurrency.
Where Saxo stands out further is in direct stock investing. It lets clients buy exchange-traded securities on both U.S. and international exchanges, such as Apple and Vodafone shares, while PU Prime does not offer this. PU Prime does have copy trading, which Saxo does not, but for overall range of investments Saxo comes out ahead, earning 5 stars and a #3 ranking from ForexBrokers.com, compared with PU Prime’s 4.0 stars and #29 ranking.
| Feature |
Saxo
|
PU Prime
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 71000 | 1000 |
| Forex Pairs (Total) | 192 | 55 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Saxo and PU Prime both give traders the main basics for getting started and managing trades, including free demo accounts, desktop downloads for Windows, and web-based platforms. Both also let you trade directly from charts. The biggest difference is that Saxo offers its own in-house platform, while PU Prime does not. Saxo also does not support copy trading or MetaTrader 4 and 5, while PU Prime includes both MT4 and MT5, plus copy trading for users who want to follow other traders.
When it comes to platform quality, Saxo stands out with a 5-star rating for Trading Platforms and Tools and a #3 ranking out of 36 brokers from ForexBrokers.com. PU Prime is rated 4.0 stars and ranks #25 out of 36. In simple terms, Saxo may appeal more to traders who want a higher-rated platform experience, while PU Prime may be a better fit for those who prefer MetaTrader and copy trading options.
| Feature |
Saxo
|
PU Prime
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 64 | 87 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Saxo and PU Prime both make mobile trading easy to access, since each offers iPhone and Android apps, price alerts, trendline drawing, and auto-saving for chart drawings. Both apps are built for trading on the go, but Saxo has a clear edge for mobile charting and account syncing. Its watchlists update across mobile and web, while PU Prime does not offer this sync feature.
For chart tools, Saxo provides 64 technical studies in its mobile app, compared with 14 at PU Prime, giving Saxo users more options for analysis on a phone or tablet. That difference shows up in independent ratings as well: Saxo is rated 5 stars and ranks #3 out of 36 brokers for Mobile Trading Apps at ForexBrokers.com, while PU Prime is rated 4.0 stars and ranks #27.
| Feature |
Saxo
|
PU Prime
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 14 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Saxo has a clear edge in market research, especially for traders who want access to high-quality information and analysis. It offers daily market commentary, news from top-tier sources such as Bloomberg, Reuters, and Dow Jones, plus Autochartist tools and an economic calendar. Saxo also stands out with a perfect 5-star research rating and a No. 1 ranking out of 36 brokers at ForexBrokers.com, making it a strong choice for traders who rely on market insight before placing trades.
PU Prime also provides daily market commentary, Autochartist tools, Trading Central research, and an economic calendar, so it does cover several useful research basics. However, it does not offer top-tier forex news, and it lacks some of the broader research features found at Saxo. With a 3.5-star research rating and no ForexBrokers.com ranking listed for this category, PU Prime is more limited overall for traders who want deeper market coverage.
| Feature |
Saxo
|
PU Prime
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | Yes |
| Trading Central | No | Yes |
| Client sentiment data | No | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner-friendly learning tools, Saxo and PU Prime both give new traders plenty to work with. Each broker offers forex and CFD education with at least 10 learning materials, runs online educational webinars at least once a month, and provides 10 or more beginner videos as well as 10 or more advanced videos. That means both platforms can help users build skills at different stages, from first-time basics to more experienced trading topics.
Even so, Saxo has the edge in overall education quality. It is rated 5 stars for Education and ranks #12 out of 36 brokers at ForexBrokers.com, while PU Prime is rated 3.5 stars and ranks #29. For beginners looking for the stronger mix of learning support, Saxo stands out as the better choice, though PU Prime still offers a useful set of educational resources.
| Feature |
Saxo
|
PU Prime
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Saxo is better than PU Prime. Saxo finished with an overall rank of #3, while PU Prime finished with an overall rank of #34.
Saxo is a multi-asset broker with brilliant research and a superb trading platform experience – as well as a stunning selection of over 40,000 securities.
| Feature |
Saxo
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PU Prime
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 79 |
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When comparing Saxo vs PU Prime for cryptocurrency trading, both online brokers offer cryptocurrency CFDs, but neither provides the ability to buy actual delivered cryptocurrency.
When comparing Saxo vs PU Prime, PU Prime offers more funding flexibility with ACH/SEPA transfers and Skrill support, while both brokers support bank wire transfers and neither offers PayPal or card-based deposit and withdrawal options.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Saxo | PU Prime | |
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| Trust Score | 99 | 79 | |
| Winner | check_circle | ||
| Review | Saxo Review | PU Prime Review |
| Broker Screenshots | Saxo | PU Prime | |
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| Broker Gallery (click to expand) |
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| Regulation | Saxo | PU Prime | |
|---|---|---|---|
| Trust Score | 99 | 79 | |
| Year Founded | 1992 | 2015 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Saxo | PU Prime | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Saxo | PU Prime | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | Saxo | PU Prime | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 71000 | 1000 | |
| Forex Pairs (Total) | 192 | 55 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Saxo | PU Prime | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.0 | 1.3 | |
| All-in Cost EUR/USD - Raw spread account | N/A | 0.9 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | ||
| Order execution: Market Maker | Yes |
| Funding | Saxo | PU Prime | |
|---|---|---|---|
| Minimum Deposit | $0 | $50.00 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| Trading Platforms | Saxo | PU Prime | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Saxo | PU Prime | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 64 | 87 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Saxo | PU Prime | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 64 | 14 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Saxo | PU Prime | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Saxo | PU Prime | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Saxo | PU Prime | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Saxo Review | PU Prime Review |
| Overall | Saxo | PU Prime | |
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| Trust Score | 99 | 79 | |
| Winner | check_circle | ||
| Review | Saxo Review | PU Prime Review |
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