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Pacific Financial Derivatives Review: Is This Your Trusted Trading Firm?

Pacific Financial Derivatives Ltd Review

You may know by now that finding a reliable FX partner is crucial. Pacific Financial Derivatives LTD (PFD NZ) seems to be reliable and innovative. 

Let’s hop into the world of PFD NZ, understanding why it’s not just a broker but a strategic partner for traders. Keep reading our Pacific Financial Derivatives review for more! 

General information
Name: Pacific Financial Derivatives Limited 
Regulation status: Regulated by FMA
Warnings from Financial Regulators: No official warnings
Website link: pfd-nz.com
Active since 2011
Registered in Level 8, Swanson House,12- 26 Swanson St., Auckland Central 1010, New Zealand
Contact info: +64 9 6320129/100/121, [email protected], +64 9 6320100/121
Trading platforms: MT4, MetaTrader Multi Terminal, and FIX API 
The majority of clients are  New Zealand

Japan 

Australia

India

Customer support: Phone, email, chat
Compensation fund: No

Company Details: Safety and Regulation

Founded in 1999, Pacific Financial Derivatives Limited combines Japanese Trading Technology with New Zealand’s regulatory rules. We can say this is a plus! 

Approved as an Authorized Futures Dealer by FMA in 2011, PFD NZ offers a robust trading platform backed by years of expertise. We will talk about it further in this review. 

Legitimacy

Supervised by the FMA, PFD NZ sticks to rigid laws and standards. The FMA’s risk-based approach provides compliance with key legislation. 

It’s vital to know it includes the Financial Advisers Act 2008 and the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. Trading with pfd-nz.com means trading securely. This goes without saying! 

Trading Asset Options at PFD NZ

PFD NZ opens the door to many assets, including:

  • Forex, 
  • Metals, 
  • CFDs on Indices, and 
  • Commodities. 

With a huge selection of 49 currency pairs, including Major, Minor, and Exotic pairs, traders have many choices here. Competitive spreads and fast execution make trading swift and efficient.

Innovative Trading Software

PFD NZ’s user-friendly platforms redefine trading experiences. MetaTrader 4, MetaTrader Multi Terminal, and FIX API sound solid. 

MetaTrader 4 offers commission-free FX trading, competitive spreads, and diverse market access. This is the most popular trading terminal on the market! 

MetaTrader MultiTerminal simplifies managing multiple accounts, while FIX API provides direct access to core aggregation engines.

Tip: XProMarkets is another interesting trading company. But they also lack Tier 1 regulations.

PFD NZ: Conditions and Fees

This broker cares about transparency regarding fees. With a starting commission of $1 per side for specific accounts and variable spreads as low as 0.2 pips, trading becomes cost-effective. High leverage options up to 1:300 on PFD Trader accounts may sound nice, but be mindful of leverage. 

Leverage is a tool that makes financial markets accessible to many. It lets you buy or sell assets by paying only a fraction of the total cost, known as trading on margin. However, it has risks. Know that misusing leverage can lead to quick and significant losses. 

To protect traders, the EU and UK set a maximum leverage limit of 1:30. This means regulated brokers can’t offer higher levels like 1:100 or 1:500. It’s crucial for you to avoid brokers promising extremely high leverage to evade falling victim to scams.

Account Types They Offer

This FX company offers a selection of live trading accounts. Here’s a look at their unique account options:

PFD Trader Account:

  • Linked to the PFD MT4 trading platform, providing real-time global market access.
  • Modern interface with real-time charting and portfolio management.
  • Zero-commission trading, tight spreads, and leverage up to 1:300.

PFD Pro Account:

  • Tightest spreads with positive slippage on the PFD Pro platform.
  • Ideal for professional, speed, and news traders.
  • $1 per side/standard size lot commission and maximum leverage of 1:100.

PFD Pro Plus Account:

  • Institutional grade spreads with positive slippage and transparent commission-based pricing.
  • Net out swaps for accurate swap values on summarised unhedged positions.
  • $1 per side/standard size lot commission and maximum leverage of 1:100.

Islamic Accounts:

  • Swap-free accounts for those with specific trading system preferences.
  • No interest/swap charge on overnight positions, competitive spreads, and leverage up to 300:1.
  • Fast market execution, no trading restrictions, and dedicated 24/5 client support.

Multi Terminal Account:

  • A solid solution for account managers handling multiple accounts simultaneously.
  • A real-time trading platform for efficient management for both managers and investors.

MAM Forex Account:

  • Specifically designed for Money Managers, allowing quick trading block orders under a master account.
  • Automates trade allocations to multiple investor accounts, supporting many system trading methods.

Pacific Financial Derivatives wants to know that you have many options to choose from. With these accounts, traders have more alternatives to pursue their trading goals.

Withdrawals: Easy Transactions

PFD NZ simplifies transactions, offering many deposit options, including e-wallets, bank cards, POLipayments, and bank wire transfers

The process remains relatively straightforward. Withdrawals, initiated online or via a paper model withdrawal form, reflect PFD NZ’s commitment to hassle-free trading.

Note: Medco Finance Limited claims to operate from Colorado, US. This implies they must meet strict regulations due to their US base. However, there are many suspicions about their authenticity.

Customer Support – Available 24/7

Exceptional customer support defines this trading firm. With 24/7 availability through live chat, email, or phone, you receive prompt assistance. 

A dedicated technical support page gives us solid aid for account opening and terminal issues. This is another big plus! 

Reviews on Trustpilot

Pacific Financial Derivatives lacks trader reviews on Trustpilot. This may be suspicious for a regulated broker. As a matter of fact, many clients want to see reviews from other traders before choosing a company. So, this is definitely a drawback. 

Always go for those FX companies that have 4.5+ stars on Trustpilot. This will guarantee your safety.

Note: We must warn you that TheBTCPro is a shady trading company to stay away from. They may try to steal your funds. 

Can I Make Money From Online Trading?

Online trading holds huge potential, but informed decisions are key. We would like to offer free consultations and introduce our AI Analysis Bot, a revolutionary tool providing amazing predictions. 

You will get a 20-day free trial, inclusive of 5 FX analysis reports and 5 stock analysis reports monthly. This can truly provide you with invaluable insights.

Pacific Financial Derivatives Review Summary

As you can see, this firm offers a blend of tradition, technology, and transparency. But they do have some drawbacks. A lack of Tier 1 regulations and Trustpilot reviews is something to be concerned about. 

PFD NZ can be your solid companion in the world of online trading. But remember that there are many better options out there. To discover some of them, contact us for a free consultation today! We want to help you out! 

FAQs

Is Pacific Financial Derivatives Legit?

Yes, Pacific Financial Derivatives is legitimate and regulated by the Financial Markets Authority (FMA).

Does Pacific Financial Derivatives Offer a Demo Account?

Yes, this firm offers a demo account for us to practice trading.

How Much is Pacific Financial Derivatives’ Withdrawal Fee?

The fee ranges from 1% to 2.5%, depending on the method used.

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