PU Prime Canada Review: Is It Regulated in Canada?

Canada check

PU Prime holds licences outside Canada but is not registered with CIRO or any provincial securities regulator. If it accepts you, your account will normally be opened with an offshore group entity rather than its better-regulated subsidiaries — so CIPF coverage, CIRO margin rules and OBSI complaint handling do not apply. Some Canadian forums report PU Prime accepting Canadian (including Alberta) residents through its Seychelles entity — confirm directly.

Canadian status

Not registered in Canada

Canadian entity

None — not registered in Canada

CIPF coverage

No

OBSI complaints

No Canadian ombudsman access

Accepts Canadians

Canadian eligibility unconfirmed

Licences abroad

FSA-SC(offshore)FSCAFSC-MU(offshore)

Founded

2015

Headquarters

Offshore group entities

Our take on PU Prime

PU Prime (Pacific Union) is an offshore MetaTrader broker often mentioned by Albertans who cannot access some CIRO dealers. That is understandable — but it means trading without Canadian protections.

PU Prime (Pacific Union) is frequently mentioned on Canadian forums, particularly by Albertans who can't access some CIRO dealers without accredited-investor status. It operates mainly through Seychelles and Mauritius licences. Before going this route, Albertans should check whether Interactive Brokers Canada or Questrade meets their needs with Canadian protections intact.

How PU Prime scores

Canadian protection carries 40% of the weight, so an unregistered firm can't outrank a registered one on price alone. See the full methodology.

Accounts, markets & platforms

Platforms

MT4, MT5

Markets

Forex (40+ pairs) · CFDs

Leverage

Offshore entities often advertise 100:1 to 500:1 or more

CAD / USD accounts

— CAD | — USD

Demo account

Available

Figures are taken from the broker's own disclosures at our last review (2026-09) and change often — always confirm on the broker's website. Spot an error? Tell us.

Verify PU Prime yourself

1. Look for the firm on CIRO's list of dealers it regulates.
2. Search the legal entity name in the CSA National Registration Search and check it is registered in your province.
3. Confirm CIPF membership in the CIPF member directory.
4. Search the CSA investor alerts for the brand name and any look-alike websites.
5. Make sure the account agreement you sign names the same legal entity — not an offshore affiliate.

Step-by-step guide: how to verify any broker in Canada →

Registered alternatives for Canadians

These firms are CIRO dealer members with CIPF-eligible accounts:

PU Prime: frequently asked questions

Canadian trader reviews

Reviews are submitted by readers and moderated by our editors for relevance and abuse. They are opinions, not verified facts, and never affect our score.