PU Prime, a global online brokerage, has officially launched Australian operations through its ASIC-regulated entity PU Prime Trading Pty Ltd, holding AFSL number 410681. The announcement comes after the firm completed infrastructure buildout including local operations, dedicated Australian customer support teams, and compliance systems aligned with ASIC requirements.
The launch enables Australian traders to onboard directly through the ASIC-regulated entity, accessing PU Prime’s CFD products across forex, commodities, indices, shares, and bonds. Director Cristian Moreno emphasized the firm’s long-term commitment to transparent, compliant services under Australia’s regulatory framework.
Founded in 2015, PU Prime operates across over 190 countries with more than 40 million app downloads globally. The Australian expansion strengthens the broker’s multi-jurisdictional regulatory footprint as competition intensifies in the region’s retail trading sector.
FXnCO Insight
Australian traders gain another ASIC-regulated broker option, while competing platforms may face increased pressure on pricing and service quality as PU Prime enters the market with established global infrastructure.
Source: Finance Magnates