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/10

Pacific Union

Cyprus Cyprus | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://www.brightfxcapital.com/

Website

Rating Index

Contact

+357 22 007187
http://www.brightfxcapital.com/

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Cyprus
Operating Period
5-10 years
Company Name
Pacific Union group Ltd
Email
info@brightfxcapital.com
Contact Number
+357 22 007187
Verified Site
About Us
Wiki Q&A
Comment

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Review summary

Pacific Union Group Ltd, a brokerage established 5-10 years ago and registered in Cyprus, presents a severe risk warning to traders. The broker's regulatory status is 'Unverified', and a critical examination reveals it holds no valid, authoritative forex trading licenses from major global regulators such as the FCA, ASIC, or CySEC. Specifically, a reported Market Making License from CySEC is flagged as 'Unverified', meaning its legitimacy cannot be confirmed and it does not provide recognized client protection. This lack of verifiable oversight is the primary contributor to the broker's overall WikiFX score of 1.59, which reflects significant concerns. Operating with an entity without credible regulation entails inherent risks, including the absence of segregated fund protection and formal dispute resolution avenues. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-19)

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is Pacific Union safe to trade with?

Pacific Union presents a significant safety risk, as it lacks valid, verifiable forex trading licenses from any major global financial authority like the UK's FCA, Australia's ASIC, or its local regulator CySEC, resulting in the absence of standard client protection measures such as segregated funds or formal dispute resolution channels. This contributes to its overall low trust score of 1.59, highlighting a high-risk profile.

04-02
United States

What licenses does Pacific Union hold?

Pacific Union Group Ltd does not hold any verified licenses from mainstream financial regulators. The broker's only reported license—a Market Making License from the Cyprus Securities and Exchange Commission (CySEC)—is officially listed as 'Unverified', meaning its legitimacy and the associated client protections cannot be confirmed.

04-02
United States

What is the full company name of Pacific Union?

The broker operates under the full corporate name Pacific Union Group Ltd, which is registered in Cyprus and has been active for an estimated 5 to 10 years.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States
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