Pacific Union Review 2021
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| Pacific Union is a multi-asset broker offering trading via the MT4 and MT5 platforms. | ||
Pacific Union is broker that gives traders access to Forex, Commodities, Cryptocurrencies, Stocks, Indices. Traders that like the MetaTrader platforms can choose between both the MetaTrader4 and MetaTrader5 platforms at Pacific Union.
In terms of features offered to traders, Pacific Union has Demo Accounts, Islamic Accounts, Social Trading and Signals but is missing Auto Trading.
Cryptocurrency traders have a very decent number of coins to trade at Pacific Union, 6 in fact: BTC, BCH, ETH, LTC, EOS and XLM.
Careful traders will be reassured knowing that Pacific Union is licensed to offer trading services by several regulators, 3 in fact. Note, however, that the FCA here in the UK is not among the list of overseeing regulators. Careful traders might want the extra safety of going with an FCA-regulated broker.
Pacific Union Summary
Pacific Union is a multi-asset broker offering trading via the MT4 and MT5 platforms.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, Commodities, Cryptocurrencies, Stocks, Indices |
| Demo Account | ✓ |
| Min. Deposit | $50 |
| Min. Trade | 0.01 lots |
| Regulated By | Cyprus Securities and Exchange Commission (CySEC) and Seychelles Financial Services Authority (SFSA) |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✓ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✓ |
| Mobile Apps | iOS & Android |
| Auto Trading | ✗ |
| Trade Signals | None |
| Social Trading | ✓ |
| Copy Trading | ✓ |
| Islamic Account | ✓ |
CFD Trading
Trade CFDs on stocks, indices and commodities.
| Leverage | 1:500 |
|---|---|
| FTSE Spread | Not Available |
| GBPUSD Spread | From 0.5 pips |
| Oil Spread | From 1.6 pips |
| Stocks Spread | Variable |
Forex Trading
Pacific Union offers 30+ currency pairs, including majors such as EUR/USD and USD/JPY
| GBPUSD Spread | From 0.5 pips |
|---|---|
| EURUSD Spread | From 0.2 pips |
| EURGBP Spread | From 0.4 pips |
| Assets | 200+ |
Cryptocurrency Trading
Pacific Union offers leveraged cryptocurrency trading against the US Dollar.
| Spread | From 0.7 pips |
|---|---|
| Coins | BTC, BCH, ETH, LTC, EOS, XLM |
Payment Methods
Pacific Union accepts the following payment methods:
- UnionPay
- FasaPay
- Wire Transfer
- Credit Card
- Visa
- Mastercard
- Debit Card
FAQ
Is Pacific Union Safe?
Yes, most likely, as we gave Pacific Union a trust score of 50% in our review. The main negative factor in this score is that Pacific Union is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does Pacific Union Accept PayPal?
No, Pacific Union does not accept PayPal payments.
Is Pacific Union Halal?
Yes, Pacific Union does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does Pacific Union support?
With Pacific Union you can trade on 2 different platforms: MetaTrader 4 and MetaTrader 5.
Is Pacific Union Regulated?
Yes, Pacific Union is regulated by 3 different regulators: Cyprus Securities, Exchange Commission (CySEC) and Seychelles Financial Services Authority (SFSA).
The fact that Pacific Union is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.
Pacific Union vs Other Brokers
If you want to compare Pacific Union with other brokers, use the detailed comparisons below.
Pacific Union vs |
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| Pacific Union is a multi-asset broker offering trading via the MT4 and MT5 platforms. | ||