Score
United Kingdom
|
10-15 years
| https://www.pfd-nz.com/en
Website
Rating Index
MT4/5
Full License
PFD-Real
Influence
D
Influence index NO.1
United States 2.68
MT4/5 Identification
Full License
United KingdomInfluence
D
Influence index NO.1
United States 2.68
LicensesLicensed Entity：PACIFIC FINANCIAL DERIVATIVES LIMITED
License No. 28944
Single Core
1G
40G
1M*ADSL
United Kingdom
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
WikiResearch pfd-nz.com United States
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Subramaniam VEERABAHU
Director
Start date
Status
Employed
PACIFIC FINANCIAL DERIVATIVES LIMITED(New Zealand)
Mark Wynon VICKERMAN
Director
Start date
Status
Employed
PACIFIC FINANCIAL DERIVATIVES LIMITED(New Zealand)
Joseph Wilhelmes VAN WIJK
Director
Start date
Status
Employed
PACIFIC FINANCIAL DERIVATIVES LIMITED(New Zealand)
| PFD Review Summary | |
| Founded | 2011 |
| Registered Country/Region | New Zealand |
| Regulation | FMA |
| Market Instruments | Forex, Metals, Oil, Commodities, CFDs, Indices, and Futures |
| Demo Account | ✔ |
| Leverage | Up to 1:300 |
| EUR/USD Spread | From 0.2 pips |
| Trading Platform | MT4 |
| Minimum Deposit | $0 |
| Customer Support | Live chat service |
| Phone: +64 9 6320129/100/121 | |
| Email: info@pfd-nz.com | |
| Address: Level 8, Swanson House,12- 26 Swanson St., Auckland Central 1010, New Zealand | |
| Regional Restrictions | United States |
PFD is a regulated New Zealand online broker founded in 2011, offering a wide range of markets including Forex, Metals, Oil, Commodities, CFDs, Indices, and Futures. It provides all around client support and the minimum deposit is $0.
| Pros | Cons |
| Various trading instruments | Regional restrictions |
| MT4 supported | Commission fees charged |
| Regulated by FMA | Deposit fees charged |
| Demo account available | |
| Live chat support | |
| Low minimum deposit of $0 |
| Regulatory Status | Regulated |
| Regulated by | Financial Markets Authority (FMA) |
| Licensed Institution | PACIFIC FINANCIAL DERIVATIVES LIMITED |
| Licensed Type | Straight Through Processing (STP) |
| Licensed Number | 28944 |
PFD offers brokerage services in Forex, Metals, Oil, Commodities, CFDs, Indices, and Futures.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Futures | ✔ |
| Metals | ✔ |
| Oil | ✔ |
| Options | ❌ |
| Bonds | ❌ |
Now there are three account types provided by PFD.
| Account Type | Minimum Deposit |
| PFDTrader | $0 |
| PFDPro | $0 |
| PFDProPlus | $1000 |
| Account Type | Leverage | Commissions | Spreads | Stop Out |
| PFDTrader | 1:300 | $0 | Competitive | 100% |
| PFDPro | 1:300 | $1 per lot | Tightest | 100% |
| PFDProPlus | 1:100 | $1 per lot | Tightest | 50% |
PFD offers MT4 now.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, web, mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
Traders can deposit and withdraw via wire transfer, Debit/Credit cards and E-Wallets. Deposit fees are charged: 2.7%+NZ$0.30 for domestic customers, 3.7%+NZ$0.30 for international customers.
Yes, there are commissions with PFD trading, especially with the PFDPro and PFDProPlus accounts. I would need to pay $1 per lot in commission when trading on these accounts. While this is relatively low compared to other brokers, it’s still something to consider when planning my trading strategies. If I’m an active trader, these commission fees could add up over time, and I’d want to ensure that I’m factoring them into my cost structure. On the PFDTrader account, there are no commissions, which is a pro for me if I’m just starting out or trading infrequently. However, I need to weigh the commissions with the other costs, like deposit fees, when deciding how to proceed with PFD investments.
For me, the legitimacy of a broker is heavily influenced by its regulation, and PFD being regulated by FMA makes me feel that it's a legit broker to trade with. As a trader, I need the peace of mind that my investments are being managed by a broker who adheres to industry regulations. PFD review shows that they have been in business since 2011, which adds to my confidence in their operations. The STP model ensures that there’s no conflict of interest between the broker and clients, and that’s something I look for. However, I do need to be aware of their deposit fees, which can be a downside. In my experience, when a broker charges deposit fees, it adds up over time, so this is something I would need to consider before making significant trades with PFD investments.
PFD fees are a crucial consideration for me. I see that they offer a low minimum deposit of $0, which is fantastic for new traders like me, but I also noticed that deposit fees apply. For domestic customers, the fee is 2.7% + NZ$0.30, and for international customers, it’s 3.7% + NZ$0.30. As someone who trades internationally, these fees can add up quickly, so it’s something I need to keep in mind. Additionally, there are commission fees on the PFDPro and PFDProPlus accounts, which would impact my profitability, especially if I’m making frequent trades. Even though the spreads are tight, I still need to account for these fees and commissions to better understand the total cost of trading with PFD investments.
PFD offers MetaTrader 4 (MT4) as its trading platform. From my experience, MT4 is a solid choice for traders like me who are looking for a platform with comprehensive charting tools, technical analysis, and automated trading options. As a beginner, I find MT4 to be user-friendly and accessible. However, I do wish PFD offered MT5, as MT5 provides additional features, such as more timeframes and improved order execution, which would be beneficial for me as I advance in my trading. Nevertheless, MT4 is still one of the most popular and reliable platforms, and it works well for my current trading needs.
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Mr. Rolex
Portugal
I deposited via card on this broker and after a few trades I immediately realized market manipulation and decided to withdraw my money, To my surprise they didn't follow AML rules and requested a different withdrawal method instead of returning my money to the card. This is a fraud broker and a money laundering. stay away
Exposure
kujyesun
Hong Kong
Pacific Finance scam our money on the ground of refund, freeze our account and ask you to pay.
Exposure
神经蛙9539
Hong Kong
Inducing to join a group to buy securities on the grounds of refunding tuition fees, and keep asking you to deposit on the ground of inappropriate operation. In the end, you are not allowed to withdraw money and use the risk control as an excuse, and you have to remit money before you can withdraw cash. I just beg you to return my principal, I beg you
Exposure
彭韵菲
Taiwan
The platform of Pacific Finance is quite good, and I have traded on it twice. Especially foreign exchange currency pairs are very good to trade, no additional commissions are charged, only spreads are charged. The execution speed of the order is also very fast, and the withdrawal is also very timely. This platform is a rare and reliable foreign exchange trading platform.
Positive
FX1037547299
Venezuela
So far I think that the service provided by this company is satisfactory for me. I can trade currencies, precious metals, commodities, etc. There are some transaction costs, but not too high, which is acceptable. After all, a forex trading company is not a charity.
Positive
FX3338312173
Hong Kong
I invested 3,000 US dollars and lost more than 1,700 US dollars, and there are more than 1,200 US dollars left, and the platform does not withdraw it. Working hard to save money to trade in foreign exchange. Not just the loss, they do not withdraw the remaining funds. Fraud platform.
Exposure
继续前行
Hong Kong
My friend has three accounts and none of these accounts have been allowed to withdraw funds.
Exposure
Resurgam·'
Hong Kong
The withdrawal was adopted. But customer service told me that the bank said I didn’t have enough turnover so I should pay 50,000 for three times to improve my turnover. The withdrawal was returned. Now I just want my principal back. My family has been ruined because of this thing. I will be sent to prison if I can’t get my principal back. I beg you to return my principal.
Exposure
FX3099448177
Hong Kong
I failed to withdraw my fund because of API abnormal. Once, my large amount of deposit was withheld by the facade website directly. All its certificate are fake. It is easy to establish a website by a foreign server.
Exposure
FX3998489464
Hong Kong
The withdrawal is unavailable because of abnormal account inspected by risk-management system.Once, deposited large amount of fund and it was all deducted by the website.This website is a facade without credit and certificates.Its registration is located abroad, as well as its server.Without regulation, it goes unpunished.
Exposure
一窍不通
Hong Kong
The website was disabled.
Exposure