Is Pacific Union regulated? https://www.puprime.com/

By D., from United Kingdom, June 19, 2021 at 03:53 PM

Is pacific union regulated? Because they are regulated by Seychelles Financial Services Authority, not sure whether this is legit regulation. Just wanna get more confirmation from you guys

Answer: Hi D.,

Pacific Union is an offshore broker. We do not recommend traders to deal with the offshore brokers, Seychelles-based brokers included. The point is that Seychelles offers an easy process of financial or investment firm establishment, through a very low list of requirements, small budgets and what is more crucial with no strict supervision of the brokers’ operation or history. For that reason, offshore zones attract vast non-scrupulous or shady brokerages that aim to attract clients, to grab their funds and disappear.

Before investing with a new broker, make sure it is properly regulated. You can check our list of the Regulated Brokers and choose the one that fits your needs.

 

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