IM
VSPP
IC Markets vs PU Prime (2026): Which Is Better?
Licences, spreads, leverage, minimum deposit and features compared side by side. Our pick: IC Markets (9.2/10).
| IM | PP | |
|---|---|---|
| Our score | 9.2/10 | 8.7/10 |
| Founded | 2007 | 2015 |
| Minimum deposit | $200 | $20 |
| Max leverage | Up to 1:1000 | Up to 1:1000 |
| Spreads | From 0.0 pips + $7 round-turn (Raw) · from 0.8 pips (Standard) | From 0.0 pips (Prime/ECN) · from 1.3 pips (Standard, no commission) |
| Platforms | MT4, MT5, cTrader, TradingView | MT4, MT5, PU Prime App, WebTrader |
| Copy trading | Yes – IC Social, ZuluTrade, Myfxbook | Yes – PU Social & copy trading |
| Licences | ASIC, CySEC, SCB, FSA | FSCA, CMA, FSA, FSC |
| Available in | ~229 countries | ~226 countries |
| Best for | Scalpers, EA / robot traders, cTrader users | Learning with cent accounts, bonus hunters |
| Visit Site | Visit Site |
Why choose IC Markets
- Raw spreads from 0.0 pips with deep liquidity
- MT4, MT5, cTrader and TradingView
- Tier-1 regulation from ASIC and CySEC
- Built for EA and scalping strategies
Why choose PU Prime
- $20 Cent account to practise with real money
- Copy trading and social trading apps
- Negative balance protection
- Regular deposit promotions
Verdict
IC Markets is an Australian-founded true-ECN broker known for raw spreads from 0.0 pips, lightning-fast execution and the widest platform choice in the industry — MT4, MT5, cTrader and TradingView. It is a favourite of scalpers and automated (EA) traders worldwide.
PU Prime (Pacific Union) offers a low-cost $20 Cent account, MT4/MT5, copy trading and regular promotions, regulated by the FSCA in South Africa along with international licences. It is a great choice for new traders who want to start small.
IC Markets edges ahead in our rating, but many traders open both accounts and use each for what it does best.
Frequently asked questions
Which is better, IC Markets or PU Prime?
Both are excellent. IC Markets scores slightly higher in our rating. Choose IC Markets for: scalpers, ea / robot traders, ctrader users. Choose PU Prime for: learning with cent accounts, bonus hunters.
Which has the lower minimum deposit, IC Markets or PU Prime?
IC Markets: $200. PU Prime: $20.
How are IC Markets and PU Prime regulated?
IC Markets: Regulated by ASIC (Australia), CySEC (Cyprus), SCB (Bahamas) and FSA (Seychelles). PU Prime: Regulated by the FSCA (South Africa), FSA (Seychelles) and FSC (Mauritius), with a UAE CMA licence for introduction and promotion.