PACIFIC UNION -Overview of Minimum Deposit, Spreads & Leverage

　　Basic Information & Regulation

　　PACIFIC UNION is a global multi-asset online trading service provider established in 2015 with representative offices or service centers in Australia, Spain, Malaysia, Seychelles, Canada, and Cyprus, offering traders worldwide over 200 trading products in currencies, precious metals, commodities, indices, stocks, and cryptocurrencies. PACIFIC UNION is currently regulated by Cyprus Securities and Exchange Commission ( Regulatory License Number: 342/17) and the Seychelles Financial Services Authority (FSA) offshore, with regulatory license number: SD050.

　　Market Instruments

　　Investors can trade popular financial instruments on this platform, including stocks, currencies (over 60 currency pairs), precious metals (gold and silver), commodities, indices, and cryptocurrencies.

　　Leverage & Accounts

　　Pacific Union has a total of two different types of accounts, namely Standard and Premium accounts. Besides, Islamic accounts are available for Muslim traders, and Pacific Union offers high leverage, which can lead to high returns but also means high risk. The maximum leverage is up to 1:500 for currencies and precious metals, 1:200 for commodities, 1:200 for index products, 1:20 for trading stocks, and 1:2 for cryptocurrencies.

　　Spreads & Commissions

　　The main spreads for the standard account are 1.3 pips on EURUSD, 1.7 pips on GBPUSD, 1.9 pips on EURGBP, 3.0 pips for gold, 1.9 pips for silver, 4.1 pips for West Texas Crude Oil Spot, 4.4 pips for Brent Crude Oil, 4.0 pips for West Texas Crude Oil Futures, 7.0 pips for S&P 500, 22.9 pips for ASX 200, 47.8 pips for Dow Jones 30, 0.34 pips for Apple stock 0.34 pips (fee of $6/per trade) and Amazon.com 10.98 pips ( a fee of $6/per trade). The premium account has 0.0 pips on EURUSD, 0.3 pips on GBPUSD, 0.4 pips on EURGBP, 0.8 pips on gold spreads, 0.4 pips on silver, 1.8 pips on West Texas crude oil spot, 2.1 pips on Brent crude oil, 1.7 pips on West Texas crude oil futures, 0.34 pips on Apple stock (commission of $6 per trade), and 10.98 pips on Amazon.com (commission of $6 per trade).

　　Trading Platform

　　Pacific Union offers traders the MT4, Webtrader, and MAM multi-terminal trading platforms. MT4 offers powerful market analysis, many available indicators and algorithmic trading features, security, stability, and operability. MAM is suitable for money managers or EA traders who want to execute orders in multiple accounts simultaneously by performing operations in a straightforward interface.

　　Deposit & Withdrawal

　　Pacific Union offers investors various convenient ways to deposit and withdraw funds, mainly VISA/MASTERCARD debit/credit cards, UnionPay debit/credit cards, Skrill & NETELLER e-wallets, with a processing time of 30 minutes for deposits and 1-2 business days for withdrawals. Bank wire transfer processing time is 3 business days, and the bank will charge a fee. The company does not charge any fees for this.