About company:

Pacific Union, which was launched in 2015, offers online brokerage services to clients in more than 120 countries. Today, there are over 130,000 active trading accounts, and the multilingual services cater to a global clientele. Customers are served 24 hours a day by a staff of 200 people that work out of 14 offices across the world.

The broker employs a no-dealing-desk strategy, which results in higher pricing, less downtime, and more liquidity depth. The Cyprus Securities and Exchange Commission and the Seychelles Financial Services Authority have both approved and regulated PU.

Trading platform

The MetaTrader 4 and MetaTrader 5 terminals are available from the company. Both are well-known systems that can be downloaded for free on PCs and desktops. Users may trade immediately through all major web browsers without having to download software, thanks to the broker’s Web Trader interface. Features of the platform include:

web trader

• Windows, MAC, and Linux are all supported.
• There are three types of charts.
• 9 timeframes
• One-click trading
• Real-time quotes
• Online support 24/5.
• 30 technical indicators.
• Reliable data protection
• Expanding Market Depth
• supports all types of trading operations.
• Netting and hedge accounting systems
• 24 graphic objects for technical analysis

Mobile trading

The broker has released a new native mobile software that can be downloaded for free on both iOS and Android smartphones. Investors can access all trading capabilities while on the go thanks to the simple, user-friendly design and powerful functionality. Trading reports, high-speed execution, world market news, multiple account administration, and 24/7 customer service are all accessible. Mobile applications for MetaTrader 4 and MetaTrader 5 are also available. Wherever you are, you can access all of the desktop platform’s trading capabilities, analytical tools, and customizable charts and charts.

Products

The firm offers over 200 assets for trading in global markets:

• Energy, agriculture, and precious metals are examples of commodities.
• Indices
• Forex: more than 30 currency pairs
• 6 popular digital currency/US dollar pairs in cryptocurrency
• Stocks: Trade CFDs on some of the world’s leading companies.

Fees

The Prime solution provides the most competitive quoted spreads from key liquidity sources. Spreads can be as low as 0 pips during exceptionally liquid periods. Major currency pairings, such as EUR/GBP and USD/CAD, were available for 1.9 and 0.4 pips on the Standard and Prime accounts, respectively. On the Prime account, gold was offered at 3 pips vs. 2 pips. On the broker’s website or in the trading platform interface, you may find a comprehensive list of spreads per instrument.

On a standard account, no commission is paid on any transactions. On a prime account, most trading instruments have a $3.50 per side fee.

Leverage

Leverage is determined by the magnitude of the initial investment and the size of the deal. The greatest leverage possible is 1:500. Because this is such a high ratio, risk management methods should be used while employing it. The greater the deal size an investor can manage, the higher the leverage employed. Below is a list of the several types of leverage that are available.

• 100% margin is required, with a leverage of 1:1 available.
• Margin of 10% is required, with a leverage of 1:10 available.
• Margin of 2% is required, with a leverage of 1:50 available.
• A 1% margin is required, with a leverage of 1:100 available.
• The required margin is 0.2%, and the available leverage is 1:500.

Deposits

The company offers traders a variety of deposit choices as well as numerous base currencies. Broken says no fees are charged by Broken for any deposit methods, although third-party fees may apply. A $50 minimum deposit is required, with various maximum deposit limitations. The following are the best deposit options:

• UnionPay-CNY only, maximum limit of 50,000 CNY, processed within 30 minutes.
• Fasapay-US $/Indian Dollar only, $75,000 transaction per day, instant processing.
• Cryptocurrencies-BTC/USDT only, instant processing
• Local payments-processing within 1 hour
• Bank transfer: all currencies, processing time 2-5 business days.
• Instant Processing of Credit/Debit Cards
• Electronic payments include Skrill/Neteller in all currencies with instant processing.

Withdrawals

The majority of withdrawal options are free, although some may charge a modest fee. This is not a commission established by the broker but rather by a third party. Neteller, for example, imposes a 2% transaction fee on all withdrawals. Withdrawals from Skrill are subject to a 1% charge.

The minimum withdrawal amount is $40 for all methods, while the maximum amount varies based on the method. Withdrawals under $100 are subject to a $20 or comparable processing charge. Withdrawals via bank transfers take the longest time to complete, ranging from two to five business days.

The processing time of credit/debit cards and electronic payments varies based on the issuer’s or receiving bank’s processing time.

Demo account

The website offers a free sample account in over ten different base currencies. These accounts are a great opportunity to practice your execution, learn about the platform’s capabilities, and test strategies without risking your own money.

On the MT4 or MT5 trading terminals, traders may access up to $100,000 in virtual money and observe real-time trading conditions and pricing. You can start a paper trading account with a leverage of up to 1:500.You must first register in order to establish an account by using a simple online registration form. Please keep in mind that these accounts will expire after 60 days.

Regulation

The Cyprus Securities and Exchange Commission and the Seychelles Financial Services Authority have complete supervision of the company. Negative balance protection and separate consumer money are among the primary benefits given by top-tier regulators such as the FCA.

Your capital will be safeguarded in the event of a business failure. Furthermore, the broker employs renowned financial institutions to offer clients the best interbank liquidity and maintains strict corporate governance standards.

Additional features

The company provides a number of analytical tools as well as instructional resources. This contains daily news, market reports, and technical analysis of instruments. Market research is also offered through daily video updates.

The instruction is diverse; themes are appropriate for novices, but there are also advanced materials for the more seasoned. Trading psychology, risk minimization, an introduction to the markets, and comprehending indicators are just a few of the topics covered. Supporting video information, as well as visual tutorials on essential subjects, is also available.

It’s also fantastic to see industry experts hosting online seminars, as well as a variety of handy resources like an economic calendar, currency converter, and keyword dictionary.