Pacific Financial Derivatives Review
PFD is in business since 1999 and a regulated broker since 2005. PFD is one of the very few NZ licensed brokers. The Financial Markets Authority (FMA) regulates capital markets and financial services in New Zealand and provides better outcomes for all New Zealanders.
Being a licensed broker, PFD follows stringent laws e.g., segregation of investors' funds, maintenance of adequate capital etc. Traders' dealings with PFD are subject to oversight and monitoring by a regulated body whose aim is to protect the interest of investors. These safeguard investors' funds at the hands of a regulated broker. When it comes to transparency and fairness in dealings, PFD tops the list.
PFD is connected with about a dozen liquidity providers and for that matter enjoys deep liquidity during all trading sessions. From a processing stand point, PFD is a NDD broker. PFD' hosting is at the key datacenter in Equinix NY4, USA to offer low-latency and best liquidity to its clients.
Popular ac types are PFDTrader, PFDPro & PFDProPlus. PFDProPlus is unique that it allows swap net out on the top of all other features of PFDPro - tightest spreads bundled with positive slippage, competitive trading terms and no restriction trading strategy. Net out swaps mean accurate swap values calculated for summarised unhedged position. PFD offers Free FIX API, as well as MAM account types.
Typical Spread on Majors
EUR/USD | 0.5 |
GBP/USD | 1.0 |
USD/JPY | 0.5 |
- Company Info
Headquarters | Auckland, New Zealand |
Type of Broker | NDD |
Founded | 1999 |
Regulated By | Regulated By FMA (New Zealand) |
Offices In | New Zealand |
Supported Languages | English, Chinese, Vietnamese, Hindi |
ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
Account Currencies | AUD, EUR, USD, NZD, GBP, JPY |
Minimum Deposit | $0 |
Traders from USA Allowed | No |
Clients Funds Segregated | Yes |
Interest on Margin | No |
Islamic Accounts | Yes |
Islamic Account Restrictions | Anyone |
ECN / STP Accounts Offered | Yes |
Commission on STP or ECN | $1/100K per side (PFDPro and PFDProPlus accounts) |
VIP Accounts Offered | No |
Mini Accounts Offered | Yes |
PAMM / MAM Solutions | Yes |
API Solutions | Yes |
Mobile Trading | Yes |
Web Based Trading | No |
Funding Methods | Wire Transfer, Skrill, China UnionPay, Neteller |
Withdrawal Methods | Wire Transfer, Skrill, China UnionPay, Neteller |
- Platform Details
Platforms Offered | MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 Android, MetaTrader 4 iOS |
NO of Pairs | 70 |
Pricing Digits | 5 |
Trade off Charts | Yes |
One-click Execution | Yes |
Email Alerts | No |
Mobile Alerts | No |
Trading Server Time | GMT + 2 |
Demo Account Expiry | 15 Days |
VPS Offered | No |
- Trading Details
Dealing Desk | No |
Maximum Leverage | 300:1 |
Minimum Contract Size | 0.01 |
Execution | Market Execution |
Hedging | Yes |
Scalping | Yes |
Scalping Restrictions | No |
Option of OCO | No |
Option of FIFO | No |
Liquidity Providers | 11+ |
Negative Balance Protection | No |
- Additonal Instruments
CFD's | Yes |
Metals | Yes |
Oil | Yes |
Indices | Yes |
Pacific Financial Derivatives Reviews
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