Both EBC and Puprime present very differently once you look past their headline ASIC association — one delivering on it clearly, the other with a specific well-documented gap.
Licensing: EBC delivers what Puprime’s brand only implies
EBC holds FCA and ASIC currently open to eligible clients, plus a named custodian bank (Barclays), per our overview. Puprime’s ASIC entity has stopped accepting new client registrations entirely, per its own overview — the widest documented licensing gap in this entire series.
Account structure: EBC is simpler and cleanly verified
EBC’s two accounts (Standard, Professional), per our comparison article, are easy to reason through with a real, calculable break-even point. Puprime’s four accounts include a $10,000 ECN tier that only pays off at high volume relative to its $1,000 Prime tier, per its own comparison article.
Which one fits which trader?
Given EBC’s currently-accessible dual Tier-1 licensing, named custodian bank, and simpler account structure, it holds a clear edge for most traders comparing the two directly.
Product range and entry cost
EBC offers over 200 CFDs across forex, indices, commodities, US stocks, ETFs, and digital assets on both of its two accounts, per our overview. Puprime’s four accounts focus primarily on standard forex and metals without a comparable expanded product range, making EBC the clearer choice for a trader wanting broader market access from day one.
A practical way to decide instead of guessing
Given EBC’s Standard account starts from just $50, testing it directly costs very little before deciding whether any specific feature or promotion at Puprime is worth weighing against EBC’s stronger overall structure.
Frequently asked questions
Is Puprime worth choosing over EBC for any specific reason? Only if a specific feature or promotion at Puprime suits your needs — on pure structural comparison, EBC holds the stronger position.
Does EBC’s Barclays custodian detail matter practically? Yes — it’s a concrete, independently verifiable detail rather than generic “segregated accounts” language.
Should you avoid Puprime entirely because of the ASIC closure? Not automatically — many traders in this series deliberately use similarly-tiered brokers with appropriate capital caps in place.
Leaning toward EBC‘s currently-accessible dual licensing? Standard is a reasonable starting point.
EBC currently has a welcome offer for new accounts for a limited time — terms may change, check directly when you register.
Forex and CFD trading involves leverage and carries a high risk of capital loss regardless of which broker you choose. This is not investment advice. Learn more at FXM680’s Forex Academy.