PU Markets Ltd Deposit & Withdrawal

PU Markets Ltd is a UK-registered company, incorporated on 23 August 2023, and operating through the domain pufxmarkets.com. Our records show a single FCA licence on file — a Forex Execution License (STP) with licence number 146311 — but the status field is blank, and we could not verify the company's active regulatory standing. The company description notes that PU Markets Ltd was founded in 2022, though the registration date suggests 2023, and it is described as operating without regulatory oversight, which would be a serious concern for any trader.

We cross-checked the licence number against public registers and found no independent confirmation of active FCA authorisation. The FXCanary Scam Risk Score stands at 45/100, which we classify as 'Guarded'. This reflects two specific risk flags: withdrawal complaints appearing in roughly 200% of recent reviews, and no verifiable website or social-media presence. For a broker with no independent review record, these flags are particularly important — they are the only signals we have about real-world behaviour.

Our records do not list any specific deposit methods for PU Markets Ltd. The company description mentions a 'comprehensive trading platform' and 'competitive spreads', but it does not disclose payment channels, minimum deposit amounts, or processing times. This is a significant gap for a trader evaluating how to fund an account.

In the absence of official disclosure, we cannot confirm whether the broker supports bank transfers, credit/debit cards, e-wallets, or cryptocurrencies. We strongly advise any trader considering this broker to contact support directly and request a written list of accepted deposit methods, along with any associated fees. If the broker cannot provide clear, written confirmation, that itself is a red flag.

Withdrawal methods are equally undisclosed. The risk flag mentioning withdrawal complaints in a high proportion of recent reviews is the most concerning piece of evidence we have. While we cannot verify the specifics of those complaints — and we caution that they may be from a similarly named entity — the pattern is consistent with a broker that may struggle to return client funds.

For any trader, the ability to withdraw funds is the single most important feature of a broker. Without independent verification of PU Markets Ltd's withdrawal process, we cannot recommend depositing any amount you are not prepared to lose. If you do proceed, we strongly suggest testing the withdrawal process with a small amount early on, before committing larger sums.

Our records contain no information on deposit or withdrawal fees, nor on processing times. The company description mentions 'competitive spreads' and 'high leverage', but these are marketing claims, not verifiable facts. We have no data on whether the broker charges for deposits, withdrawals, or account maintenance.

In our experience, brokers that do not disclose fees often have hidden costs that appear only at the point of transaction. We advise traders to request a full fee schedule in writing before funding an account. If the broker cannot provide one, that is a warning sign. Remember, any fee that is not disclosed upfront is a fee you may end up paying.

The FCA licence on file — number 146311 — is a Forex Execution License (STP). In principle, an FCA-regulated broker must adhere to strict client money rules, segregation of funds, and access to the Financial Ombudsman Service and the Financial Services Compensation Scheme. However, we could not verify that PU Markets Ltd is currently authorised by the FCA, and the status field in our records is blank.

We strongly advise any UK trader to check the FCA register directly before depositing. If the firm is not listed as authorised, or if the licence is not active, then the protections that come with FCA regulation do not apply. The absence of verifiable regulatory status is a major risk factor, and we would treat any claim of FCA protection with caution until independently confirmed.

Given the lack of independent reviews and the undisclosed funding details, we recommend a conservative approach. Start with the smallest deposit the broker allows — but only after you have confirmed the minimum in writing. Use a payment method that offers some form of buyer protection, such as a credit card, if available. Avoid wiring large sums via bank transfer, as these are difficult to recover.

Test the withdrawal process early. Deposit a small amount, trade a little, and then request a withdrawal. This will give you a real-world indication of how the broker handles payouts. Keep detailed records of all transactions, including screenshots of deposit and withdrawal requests, and any email correspondence with support. If the broker delays or refuses a withdrawal, you will need this evidence.

Our web searches returned results for PU Prime, a different broker operating from puprime.com, which is regulated in Seychelles and South Africa. PU Prime is a well-known broker with a long track record, and it is not the same entity as PU Markets Ltd. We caution traders not to confuse the two — the similarity in name could be exploited by unscrupulous actors.

We found no evidence that PU Markets Ltd is a clone of PU Prime, and our records show zero impersonator sites. However, the name similarity is a reminder to always verify the exact domain and regulatory details before depositing. If you are contacted by anyone claiming to represent PU Markets Ltd, check the domain carefully and cross-reference with official records.

In FXCanary's assessment, PU Markets Ltd presents a high-risk funding environment. The lack of verifiable regulatory status, undisclosed deposit and withdrawal methods, and the withdrawal complaint flag combine to create a picture of a broker that we cannot recommend for serious trading. The 'Guarded' risk score reflects this uncertainty.

If you still choose to proceed, do so with extreme caution. Use only money you can afford to lose, keep deposits to a minimum, and test withdrawals early. The absence of independent reviews means you are relying entirely on the broker's own claims, which is never a sound basis for a funding decision. We will update this review as soon as independent evidence becomes available.