PUPRIME vs First Trade, for 2024
Read our In-Depth PUPRIME vs First Trade Review - 2024 Update
Our PUPRIME vs First Trade review has been refreshed to reflect any changes for 2024 by knowledgeable insiders with considerable expertise in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of PUPRIME vs First Trade does not apply to all countries as follows:
PUPRIME Excluded Countries
Singapore, United States of America, Australia, Afghanistan, Albania, American Samoa, Belarus, Bermuda, Bosnia and Herzegovina, Botswana, Central African Republic, China, Cuba, Democratic Republic of the Congo, Egypt, Eritrea, Guinea Bissau, Iran, Iraq, Lebanon, Libya, Montenegro, Myanmar, Democratic Peoples Republic of Korea, Russian Federation, Serbia, Sierra Leone, Somalia, Sudan, Syrian Arab Republic, Tunisia, Ukraine, US Virgin Islands, Yemen, and Zimbabwe.
First Trade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare PUPRIME vs First Trade
All trading platforms will have certain advantages and disadvantages, and any comprehensive PUPRIME and First Trade review cannnot be complete without adopting a fair assessment.
Examine First Trade and PUPRIME in order to understand how these platforms compare with one another before you decide to make an account. Conducting a comprehensive comparison helps to put things into perspective in order that you're cognizant of what to expect.
So you are looking for a professional broker and are choosing between PUPRIME or First Trade. Who is better in 2024?
Our PUPRIME vs First Trade comparison contains the most recent information so you can easily compare First Trade against PUPRIME.
If you are a new entrant in the world of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You'll acquire adept at all the concepts of broker as you keep trading. For starters, you need to choose the ideal broker who will be clear with you constantly.
In this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. PUPRIME and First Trade are just two such trading platforms that will take you and your investment into great heights. It's crucial that you compare PUPRIME vs First Trade until you trust them with your money.
Our PUPRIME vs First Trade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust PUPRIME and First Trade side by side.
Our entire PUPRIME vs First Trade Review covers everything you need to learn about trading with either PUPRIME or First Trade. A fantastic agent can multiply your first investments and provide you favorable profits. If you would like to make profits, you should trade with a brokerage service that aligns with your investment objectives.
There is no sure-fire method to ensure profits; thus, you should carefully assess your agent before you choose them. It is a frequent misconception that all brokers are exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
PUPRIME and First Trade are both brokers which have found their way successfully to the brokerage world. In this review, we've attempted to collate a number of the vital facets of both PUPRIME and First Trade. This review will help you to know whether either First Trade or PUPRIME is a good fit for your own investments or not. We have attempted to breakdown all of the features and fees for your convenience.
Benefits of PUPRIME and First Trade Compared
PUPRIME has a minimum deposit of $50 while First Trade offers a $5 minimum deposit.
Why smaller minimum deposits are good and how PUPRIME and First Trade compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
PUPRIME has around 1500 financial instruments while First Trade allows you to trade around 1500 on their platform.
The more instruments you can trade on the PUPRIME and First Trade platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of PUPRIME or First Trade.
PUPRIME and First Trade Contact Details
Being able to contact your broker through many ways is a sign of a professional broker. PUPRIME and First Trade have the following contact details and social medias that you can use.
Broker | PUPRIME | First Trade |
---|---|---|
Telephone Number | +248 4671 948 | |
info@puprime.com | ||
Address | 9A, CT House, Providence, Mahe, Seychelles. | |
PUPRIME Twitter Account | First Trade Twitter Account | |
PUPRIME Facebook Page | First Trade Facebook Page | |
PUPRIME Instagram Account | First Trade Instagram Account | |
PUPRIME LinkedIn Page | First Trade LinkedIn Page | |
YouTube | PUPRIME YouTube Channel | First Trade YouTube Channel |
Find Out More |
|
|
First Trade and PUPRIME Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of PUPRIME and First Trade we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
PUPRIME vs First Trade - Awards
Broker | PUPRIME | First Trade |
---|---|---|
Awards |
PUPRIME have won a lot of industry awards over the time they have been running as an online broker. We show the most recognised awards for PUPRIME here.
|
At the time of writing this First Trade review, and despite First Trade’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
|
|
PUPRIME vs First Trade - Frequently Asked Questions
PUPRIME vs First Trade - Headquarters And Year Of Founding
PUPRIME was founded in 2015 and has its headquaters in Seychelles.
First Trade was founded in 2008 and has its head office in USA.
What is the minimum deposit for First Trade or PUPRIME
The minimum deposit for PUPRIME is $50.
The minimum deposit for First Trade is $5.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both PUPRIME and First Trade are a good choice.
PUPRIME vs First Trade - Regulation And Licencing In More Detail
PUPRIME is regulated by 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.
First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
Both PUPRIME and First Trade have a powerful set of rules for ensuring fair trading onto their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare PUPRIME vs First Trade Commission And Fees
PUPRIME and First Trade are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily influenced by the number of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three different types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In such cases, you're paying a spread, funding rate, or even a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight prices are people that are billed when you hold a leveraged position for more than daily.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your account. They are billed for operations like depositing money, not trading for lengthy periods, or withdrawals.
In general, neither PUPRIME or First Trade charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who often exchange, such as daily or weekly trading.
But, non-trading fees billed by PUPRIME and First Trade are relatively greater. As a result, you're charged more for non-trading actions on your trading account, like withdrawal and deposits. These are not related to the sale and purchase of resources.
This PUPRIME vs First Trade review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For PUPRIME And First Trade
What Languages Do PUPRIME And First Trade Support?
Being able to communicate easily with your trading broker is a key element when comparing brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key part of success when trading online.
Below you will find all the languages that both PUPRIME and First Trade support.
How Many Clients Do PUPRIME and First Trade Have?
Both PUPRIME and First Trade are well established with their customer base. It is really important to work with an online broker that is reputable and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers PUPRIME and First Trade are active on their platform
What Payment Methods Do PUPRIME and First Trade Accept?
PUPRIME and First Trade both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at PUPRIME and First Trade
What Can You Trade With PUPRIME and First Trade?
PUPRIME offers 1500 trading instruments while First Trade offers 101.
Below you will find a full breakdown of what both PUPRIME and First Trade offer.
PUPRIME Review
PUPRIME vs First Trade:
Table Of Contents
- Compare PUPRIME vs First Trade
- Benefits of PUPRIME and First Trade Compared
- First Trade and PUPRIME Mobile App Comparison
- PUPRIME vs First Trade - Awards
- PUPRIME vs First Trade - Frequently Asked Questions
- What is the minimum deposit for First Trade or PUPRIME
- PUPRIME vs First Trade - Regulation And Licencing In More Detail
- Compare Broker Fees For PUPRIME And First Trade
- What Languages Do PUPRIME And First Trade Support?
- How Many Clients Do PUPRIME and First Trade Have?
- What Payment Methods Do PUPRIME and First Trade Accept?
- What Can You Trade With PUPRIME and First Trade?