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Rating Index
Pros
Low minimum deposit requirement of $20, making it accessible for beginners.
Wide range of trading instruments available, including CFDs on currencies, stocks, commodities, and indices.
Multiple trading platforms offered, including MT4 and MT5, providing flexibility for different trading styles.
Cons
Only CFD trading is available, limiting diversification options for traders.
Limited passive income opportunities beyond copy trading, with no options for joint accounts or cryptocurrency staking.
Some regional restrictions, preventing residents of certain countries, like Australia and Singapore, from using their services.
Pacific Union broker Accounts
Pacific Union Account Type
Pacific Union offers several account types tailored to meet the needs of different traders. Here are the main account types available:
- Cent Account
- Minimum Deposit: $20
- Spread: Starts from 1.3 pips
- Commission: None
- Leverage: Up to 1:500
- Currency: Only USD
- Ideal for beginners who want to trade with minimal risk.
- Standard Account
- Minimum Deposit: $50
- Spread: Starts from 1.3 pips
- Commission: None
- Leverage: Up to 1:500
- Currency: Multiple base currencies available.
- Suitable for casual traders looking for low entry costs.
- Pro Account
- Minimum Deposit: $50
- Spread: Starts from 1.3 pips
- Commission: None
- Leverage: Up to 1:1000
- Currency: Multiple base currencies available.
- Designed for more experienced traders seeking flexibility.
- Prime Account
- Minimum Deposit: $1,000
- Spread: Starts from 0 pips
- Commission: $3.50 per lot
- Leverage: Up to 1:500
- Currency: Multiple base currencies available.
- Best for professional traders who want the tightest spreads.
- Islamic Account
- Minimum Deposit: $50
- Spread: Starts from 1.3 pips
- Commission: $0 - $3.50 per lot
- Leverage: Up to 1:500
- Currency: Multiple base currencies available.
- Specifically designed for Muslim traders adhering to Sharia law.
- Demo Account
- Balance: $100,000 virtual funds
- Purpose: Practice trading without risk.
- Provides access to real market conditions for strategy testing.
Visit the Website: Go to the official Pacific Union website at puprime.com.
Select Account Type:
- Choose the type of account you wish to open (e.g., Cent, Standard, Pro, Prime, Islamic, or Demo).
- Fill in the Registration Form:
- Click on "Open a Live Account."
- Enter your personal information, including your name, email, and phone number.
- Upload Documents:
- Provide the front and back of your ID card and a proof of address document (e.g., utility bill).
- Submit Application:
- After filling out the form and uploading documents, submit your application.
- Verification:
- Wait for the verification process to be completed, which typically takes 1 working day.
- Receive Login Credentials:
- Once your account is verified, you will receive your login credentials via email.
- Deposit Funds:
- Fund your account using one of the available deposit methods.
- Start Trading:
- Download the trading platform (MT4 or MT5) and begin trading.
Pacific Union Broker Account Opening Process
Opening an account with Pacific Union is straightforward. Heres a step-by-step guide:
This process ensures that you can start trading efficiently and securely with Pacific Union.
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