Pacific Financial Derivatives (PFD) is a New Zealander broker since 1999. It offers 1:500 maximum leverage, NDD trading model and no restrictions on trading strategies such as news trading.
Pacific Financial Derivatives Company Information & Regulation
Pacific Financial Derivatives Ltd (PFD) has been a stalwart in the forex and CFD brokerage industry since its inception in 1999. Here's what you need to know about the company's background and regulatory status:
- Ownership: PFD is 100% owned by a Japanese investor with extensive experience in the derivatives industry, bringing a wealth of knowledge to the table.
- Regulation: The broker is fully regulated by the Financial Markets Authority (FMA) of New Zealand, a top-tier regulatory body that ensures strict oversight and investor protection.
- Client Fund Security: As per regulatory requirements, PFD segregates client funds, adding an extra layer of security for traders.
- Membership: PFD is a proud member of the Financial Service Provider Register (FSP 28944) and the Financial Dispute Resolution (FDR) scheme in New Zealand.
- Global Reach: While headquartered in Auckland, PFD caters to retail and institutional traders worldwide, with a notable exception being the United States.
Summary of Specifications
Let's break down the key specifics of Pacific Financial Derivatives to give you a clear picture of what this Forex Broker offers:
Broker | Pacific Financial Derivatives |
Account Types | PFD Trader, PFDPro, PFDProPlus |
Regulating Authorities | FMA |
Based Currencies | EUR, USD, NZD, AUD, GBP, JPY |
Minimum Deposit | $0 |
Deposit/Withdrawal Methods | VISA, MasterCard, PayPal, POLi, Bank Wire Transfer |
Minimum Order | 0.01 Lot |
Maximum Leverage | 1:500 |
Investment Options | Copy Trading, MAM Account |
Trading Platforms & Apps | PFD Trader (Implement of MT4) |
Markets | Forex, Indices, Commodities |
Spread | From 0.06 Pips in PFDTrader, From 0.2 Pips in PFDPro, From 0.1 Pips in PFDPlus |
Commission | $0 in PFDTrader, $1 in PFDPro and PFDPlus |
Orders Execution | Market |
Margin Call/Stop Out | 150%/100% |
Trading Features | 1:500 Maximum Leverage, Islamic Account, Fast Execution, Copy Trading, MAM Account, $0 Commission |
Affiliate Program | No |
Bonus & Promotions | No |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Indoor Meeting, Email, Phone Call, Skype, Live Chat |
Customer Support Hours | 24/5 |
PFD stands out with its low spreads and fast execution speeds, making it an attractive option for high-frequency traders and those employing scalping strategies.
The broker's use of the popular MetaTrader 4 platform, coupled with Expert Advisor (EA) functionality and FIX API support, caters well to both manual and automated trading styles.
Account Types: Full Comparison
Pacific Financial Derivatives offers three distinct account types, each tailored to different trading styles and experience levels. PFD Broker Accounts:
Specifics | PFDTrader | PFDPro | PFDProPlus |
Spread | From 0.6 Pips | From 0.2 Pips | From 0.1 Pips |
Swaps | Per trade | Per trade | Tightest |
Commission | $0 | $1 Per Trade | $1 Per Trade |
Maximum Leverage | 1:500 | 1:500 | 1:100 |
Margin Call | 150% | 150% | 100% |
Stop Out | 100% | 100% | 50% |
EA | Allowed | Allowed | Allowed |
Signal | Available | Available | Available |
Minimum Position Size | 0.01 Lot | 0.01 Lot | 0.01 Lot |
Minimum Deposit | 0 | 0 | $1000 |
Execution Type | Market | Market | Market |
All three account types operate on the robust MetaTrader 4 (MT4) platform, ensuring a familiar and feature-rich trading environment. Beside these accounts, PFD offers Islamic swap-free account which is designed for Muslim traders.
Advantages and Disadvantages
Like any broker, Pacific Financial Derivatives comes with its own set of pros and cons. Let's weigh them up:
Advantages | Disadvantages |
Regulated by New Zealand's FMA, ensuring a high level of oversight and investor protection | Some user reviews report issues with account access and fund withdrawal, hinting at potential customer service challenges |
Offers multiple account types, including Islamic accounts for Shariah-compliant trading | The range of trading instruments is somewhat limited compared to more extensive brokers |
Uses the popular and versatile MetaTrader 4 platform | Educational resources and market analysis tools are minimal, potentially challenging for novice traders |
No minimum deposit requirement, lowering the entry barrier for new traders | Very few trading platforms |
Multiple deposit and withdrawal options available for convenient fund management | - |
Sign Up & Verification Guide on Pacific Financial Derivatives: Complete Manual
Ready to start trading with Pacific Financial Derivatives? Here's a step-by-step guide to getting set up:
- Visit the PFD website and click on āOpen a live accountā button;
- Write your username, password and email to register;
- Receive your account username and activation link;
- Choose your preferred account type (PFD Trader, PFDPro, or PFDProPlus);
- Gather the necessary identification documents including valid government-issued photo ID (passport, driver's license) + Proof of address (recent utility bill or bank statement);
- Once approved, login to your account to complete online registration.;
- Fund your account using one of the available deposit methods (bank transfer, credit/debit card, e-wallets);
- Start trading!
PFD Trading Platforms
Pacific Financial Derivatives offers a robust trading environment through its implementation of the industry-standard MetaTrader 4 (MT4) platform called PFD Trader.
PFD Trader (MT4):
- User-friendly interface suitable for both beginners and experienced traders;
- Real-time charting with a wide range of technical indicators and drawing tools;
- Customizable workspace to suit individual trading preferences;
- Advanced order types including stop-loss, take-profit, and trailing stops;
- Automated trading capabilities through Expert Advisors (EAs).
By leveraging the power and flexibility of MetaTrader 4, PFD ensures that traders have access to a comprehensive suite of tools and features to execute their trading strategies effectively.
How Much Are the Commission and Spreads on Pacific Financial Derivatives?
Understanding the cost structure is crucial when choosing a forex broker. Here's a breakdown of Pacific Financial Derivatives' spreads and commissions across their account types:
Fees | Trader | Pro | ProPlus |
Spread | From 0.6 Pips | From 0.2 Pips | From 0.1 Pips |
Commission | $0 | $1 Per Trade | $1 Per Trade |
PFD's spreads are generally lower than industry averages, making it an attractive option for traders focused on minimizing costs. The broker's fast execution speeds (averaging under 50ms) further enhance the appeal for scalpers and day traders.
What Deposit & Withdrawal Options Are Available at PFD?
In Pacific Financial Derivatives review we discovered that they offer a variety of deposit and withdrawal options to cater to their global client base. PFD Funding Methods:
- Credit/Debit Cards: VISA, MasterCard
- E-wallets: PayPal
- Local Payment Solutions: POLi (for Australia and New Zealand)
- Bank Wire Transfer: Available in multiple currencies (USD, NZD, GBP, AUD, EUR, JPY)
Remember, as a regulated broker, PFD adheres to strict anti-money laundering (AML) policies. Always use accounts in your own name, matching the details on your trading account. For large withdrawals or any issues, don't hesitate to contact PFD's customer support team for assistance.
Copy Trading & Investment Options
Pacific Financial Derivatives offers a range of investment options, including copy trading and MAM (Multi-Account Manager) accounts.
Copy Trading
- Allows investors to automatically replicate trades of experienced traders;
- Ideal for beginners or those with limited time for market analysis;
- Diverse pool of strategy providers to choose from;
- Real-time copying of trades with adjustable risk settings.
MAM Accounts
- Designed for professional money managers and institutional clients;
- Allows management of multiple client accounts simultaneously;
- Flexible allocation methods (percentage, lot, equity);
- Detailed reporting and performance tracking.
Does Pacific Financial Derivatives Offer Any Bonuses?
As of our latest Pacific Financial Derivatives review, it does not offer any trading bonuses or promotions. This approach aligns with many regulated brokers who have moved away from bonus schemes due to regulatory constraints and a focus on transparent, fair-trading conditions.
Customer Support
Pacific Financial Derivatives LLC (PFD) is a well-established financial derivatives broker that prides itself on providing round-the-clock (Monday to friday) customer support through various channels. Support:
- Email: info@pfd-fx.com
- Skype: pacific.f.d
- Live Chat: Available 24/5
- Indoor Meeting: Euro House, Richmond Hill Road, P.O. Box 2897, Kingstown, St. Vincent and the Grenadines
What Countries Are Banned to Use PFD Services?
While PFD is a globally accessible broker, it's important to note that they may have restrictions on clients from certain countries due to regulatory requirements.
Pacific Financial Derivatives Restricted Countries:
- Afghanistan
- Congo Republic
- Cote dāIvoire
- Eritrea
- Guinea Bissau
- Iran
- North Korea
- Lebanon
- Liberia
- Libya
- Myanmar
- Somalia
- Sudan
- Syria
- Tajikistan
- Yemen
- USA
- Zimbabwe
Trust Scores & Reviews
Trust and reputation are crucial factors when choosing a forex broker. Pacific Financial Derivatives has received mixed reviews from traders, with a current rating of 3.2/5 (15+ reviews) on ForexPeaceArmy and it has no rating in Trustpilot.
Pacific Financial Derivatives (PFD) is a well-established forex broker with a strong focus on providing fast execution speeds (NDD) and competitive trading conditions such as $0 commission.
Its regulation by New Zealand's FMA adds a layer of credibility and security for traders. However, the broker's offerings are somewhat limited compared to some competitors, particularly in terms of tradable instruments [only 70+ assets available to trade] and educational resources.
As of our latest āPacific Financial Derivatives reviewā, PFD seems best suited for experienced forex traders and those engaged in high-frequency trading who prioritize execution speed and low costs.
TradingFinder Expert Conclusion and final words
Pacific Financial Derivatives (PFD) offers spot and futures trading for over 70 assets. Beside these, you are able to use copy trading and MAM account with spreads start from 0.1 pips. But, it has only one trading platform [PDF Trader as an implement of MT4.]