VT Markets and PU Prime are two of the most-searched brokers in the UK, so a head-to-head matters. This comparison is written specifically for UK retail traders. We line up VT Markets (ASIC, SVGFSA, founded 2015) against PU Prime (CySEC, FSA, SVGFSA, founded 2016) across the criteria that actually move money: typical spreads on EUR/USD, commissions per round-turn, platform stability, deposit and withdrawal flow, education quality, mobile execution and FSCS-backed safety. Read the verdict at the bottom for a clear recommendation, or jump straight to the section that matters most to you using the on-this-page links.
We also review account types, deposit methods, mobile trading tools and overall value for UK traders, so the brokers featured here are not just competitive on paper, but genuinely practical for everyday use. Whether you are a beginner opening your first live account, a swing trader hunting tight overnight financing, or a high-volume scalper looking for raw spreads, this page distils 15+ data points into one decisive recommendation.
This gives you a quicker way to narrow the field before comparing the top-rated options in more detail. If you want the short version, jump straight to the rankings, methodology or FAQ below.
Quick Verdict
VT Markets offers better execution and tighter spreads for forex-focused traders. PU Prime offers broader market access with 800+ instruments and commission-free trading. Neither is FCA-regulated.
Choose VT Markets for:
Execution-focused forex traders, ASIC-regulation preference
Choose PU Prime for:
Multi-asset portfolio traders, beginners wanting commission-free accounts
At a Glance, VT Markets vs PU Prime
Two distinct propositions for UK traders. Below we surface the headline numbers, rating, deposit, leverage, EUR/USD spread, Trustpilot score and FCA status, before drilling into the full data table.
VT Markets
Min Deposit
$100
Max Leverage
1:500
EUR/USD
0.0-0.4 pips
Trustpilot
⭐ 4.6
Pros
- Fast execution, Sydney-based servers
- ASIC regulated
- Higher Trustpilot rating (4.6)
- Clean, modern platform design
- Competitive raw spreads
Cons
- $6/lot commission, higher than average
- $100 minimum deposit
- No FCA regulation
- SVGFSA secondary regulation is weak
PU Prime
Min Deposit
$50
Max Leverage
1:1000
EUR/USD
0.2-0.6 pips
Trustpilot
⭐ 4.2
Pros
- 800+ instruments, extensive range
- $50 minimum deposit
- 1:1000 leverage available
- Commission-free standard accounts
- Cent accounts for beginners
Cons
- Wider spreads on standard accounts
- No FCA regulation
- Newer broker (2016)
- Lower Trustpilot rating
VT Markets
⭐ 4.5/5Spreads from 0.0-0.4 pips · Min deposit $100 · 1:500 leverage · MT4, MT5, VT Markets App.
Full Comparison Table, 20 Criteria
Data measured April 2026Every metric that influences your bottom line, from raw spreads on the four most-traded majors, through commissions and overnight financing, to platform breadth and customer support. Highlighted cells indicate the better number on each row.
| Feature | | |
|---|---|---|
| EUR/USD Spread | 0.0-0.4 pips | 0.2-0.6 pips |
| GBP/USD Spread | 0.3-0.8 pips | 0.4-1.0 pips |
| USD/JPY Spread | 0.2-0.5 pips | 0.3-0.7 pips |
| XAU/USD Spread | 0.12-0.35 | 0.20-0.50 |
| Commission | $6/lot (Raw ECN) | None (Standard) |
| Min Deposit | $100 | $50 |
| Max Leverage | 1:500 | 1:1000 |
| Regulation | ASIC, SVGFSA | CySEC, FSA, SVGFSA |
| FCA Regulated | ❌ No | ❌ No |
| Platforms | MT4, MT5, VT Markets App | MT4, MT5, PU Prime App |
| Trustpilot | ⭐ 4.6 (3,500+) | ⭐ 4.2 (2,300+) |
| Withdrawal | 1-3 days | 1-3 days |
| CFD Loss Rate | 71% | 69% |
| Instruments | 300+ (Forex, CFDs, Indices, Commodities, Shares) | 800+ (Forex, Indices, Commodities, Stocks, ETFs, Crypto, Bonds) |
| Account Types | Standard STP, Raw ECN | Standard, Pro, Prime, Cent |
| Deposit Methods | Bank, Card, Skrill, Neteller, Crypto | Bank, Card, Skrill, Neteller, Crypto |
| Support | 24/5 Live Chat, Email | 24/7 Live Chat, Email, Phone |
| Copy Trading | ✅ Yes | ✅ Yes |
| Demo Account | ✅ Yes | ✅ Yes |
| Islamic Account | ✅ Yes | ✅ Yes |
Cost Example, 1 Standard Lot EUR/USD
We modelled the round-turn cost of trading one standard lot (100,000 units) of EUR/USD using each broker's typical London-session spread plus published commission. Lower bars mean cheaper trading for active UK clients.
Costs are indicative and depend on session, instrument volatility and account tier. Live spreads can be narrower during peak liquidity (London/NY overlap) and wider at the Asia open.
Regulation: ASIC vs CySEC
VT Markets holds ASIC regulation, Australia's top-tier financial regulator. PU Prime holds CySEC regulation from Cyprus. Both are considered reputable but neither holds FCA authorisation. ASIC is generally regarded as stricter than CySEC, giving VT Markets a slight regulatory edge. However, both also hold offshore licences (SVGFSA for VT Markets, FSA for PU Prime), and clients may be onboarded under these weaker jurisdictions.
Spreads & Commission Structure
VT Markets' Raw ECN account offers tight spreads from 0.0 pips but charges $6/lot, double Tickmill's rate. PU Prime's Standard account is commission-free with spreads from 1.3 pips. For casual traders executing fewer than 20 lots/month, PU Prime's commission-free model is simpler and possibly cheaper. For active traders, VT Markets' tighter spreads overcome the commission at higher volumes.
Instrument Range: 300 vs 800
PU Prime offers nearly 3x the instruments, including stocks, ETFs, bonds, and crypto CFDs. VT Markets covers 300+ instruments focused on forex, indices, and commodities. Multi-asset traders get far more options with PU Prime. The breadth includes niche instruments like soft commodities and government bonds that VT Markets doesn't offer.
Leverage: 1:500 vs 1:1000
PU Prime offers up to 1:1000 leverage through its offshore entity, while VT Markets caps at 1:500. For traders using high leverage strategies, PU Prime provides more flexibility. However, both are subject to 1:30 limits for EU/UK retail clients under their regulated entities.
Platform Experience
Both offer MT4 and MT5 with mobile apps. VT Markets' app has a cleaner, more modern design with faster loading times. PU Prime's app is functional but less polished. For web-based trading, both rely on MetaTrader's web terminal. Neither offers TradingView integration, which is a disadvantage compared to Vantage or Pepperstone.
Customer Support
PU Prime offers 24/7 support while VT Markets provides 24/5 coverage. PU Prime's extended support hours are better for weekend queries and account issues. Both offer live chat, email, and phone support in multiple languages. For traders who may need assistance outside market hours, PU Prime's 24/7 availability is a practical advantage.
PU Prime
⭐ 4.3/5Spreads from 0.2-0.6 pips · Min deposit $50 · 1:1000 leverage · MT4, MT5, PU Prime App.
CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with VT Markets. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with PU Prime. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
More Broker Comparisons
Explore More Guides
Comprehensive guides covering every aspect of forex broker selection in the UK.
Best Forex Brokers UK
FCA-regulated brokers independently tested with real money
FCA Regulated Brokers
Only FCA-authorised brokers for UK traders
Broker Comparisons
Side-by-side broker analysis
Best Brokers for Scalping
Raw spreads & sub-50ms execution for scalpers
Best Brokers for Day Trading
Tight intraday spreads tested by UK day traders
Best Brokers for Swing Trading
Low overnight swap rates for multi-day holds
Best Copy Trading Brokers
FCA-regulated platforms with verified track records
Best Brokers for Gold (XAU/USD)
Tightest XAU/USD spreads for UK traders
Senior Broker Analyst
9+ years experience · Speciality: Broker Reviews, Regulation, Trading Platforms
Sarah brings a wealth of knowledge from her 9-year tenure in the financial services industry, including roles at two FCA-regulated brokerages. She specialises in evaluating broker platforms, fee structures, and regulatory compliance. Her detailed broker reviews have helped thousands of UK traders find reliable, transparent trading partners. Sarah is a CFA Level II candidate and contributes regularly to industry publications on topics related to retail trading infrastructure.
View full profile →