PU Prime Launches Australian Operations Under ASIC Licence

PU Prime has launched its operations in Australia through its locally incorporated entity, PU Prime Trading Pty Ltd, which has been granted regulatory approval by the Australian Securities and Investments Commission (ASIC).

PU Prime Trading Pty Ltd holds Australian Financial Services Licence (AFSL) No. 410681, enabling the firm to offer services directly to Australian clients under ASIC's regulatory framework.

Following the granting of its ASIC licence, PU Prime has invested in the resources and infrastructure required to support Australian clients, including local operations, a dedicated customer support team, and systems aligned with regulatory requirements.

Cristian Moreno, Director, PU Prime

Cristian Moreno, Director, PU Prime commented:

"This launch marks the beginning of our long-term commitment to the Australian market. We will meet our obligations under the ASIC framework and deliver transparent and regulated services to our Australian clients,"

With the launch, Australian clients can now onboard directly through PU Prime's ASIC-regulated entity. The firm said the move expands access to its trading products and services while reinforcing its commitment to operating within established regulatory frameworks, further strengthening its global regulatory footprint.

Trading derivatives carries significant risk and is not suitable for all investors.

Wholesale clients could lose substantially more than their initial investment. When trading CFDs, clients do not own the underlying assets and have no rights to them. Past performance is no indication of future performance, and tax laws are subject to change. Individuals are advised to read the relevant legal documents and be fully aware of the associated risks before acquiring any financial products.

PU Prime was founded in 2015 and is a global fintech company and CFD broker offering regulated financial products across forex, commodities, indices, shares, and bonds. It operates in more than 190 countries and has recorded over 40 million app downloads.

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