Pacific Financial reviews

Pacific Financial_logo Pacific Financial 6/10 (votes 2395)

On-line since: 1999
Country of origin: New Zealand
Regulation: FSP
Payment options: Visa/MasterCard, JCB, American Express, China Union Pay, Neteller, Skrill
Minimum account size: $0
Minimum lot size: 0.01 lot
Leverage: 1:300
Spreads: floating

Pacific Financial Derivatives Ltd (PFD) is a Derivatives Issuer (DI) according to the Financial Markets Conduct Act 2013.

The company was founded in 1999 and was authorized as an introducing broker on the New Zealand Exchange and then it became its participant. In 2011, NZX stopped supervision and PFD was accredited as an authorized futures dealer. The firm is headquartered in Auckland, New Zealand. The financial market opens first at the New Zealand session.

Today the company renders global services in financial markets. Clients can trade currency pairs, metals, crude, commodities, CFDs, and indices.

PFD belongs to a Japanese investor that applied up-to-date Japanese technologies. The broker provides KiwiTrader, a new trading platform, that features an extended package for building charts and gives an opportunity to create user’s technical indicators. Scalping strategies cannot be employed in this platform. However, scalping can be carried out in MetaTrader 4 that is also available to the broker’s clients.

In the KiwiTrader platform, spreads for EUR/USD and USD/JPY make up zero pips, while a 1-pip commission is charged. In MT4, spreads for EUR/USD are 0.7 pips; and for USD/JPY, 0.6 pips. No commission is charged. The client support works 24/5.

Advantages of PFD:

  • narrow spreads;
  • fast execution;
  • built-in indicators of programming languages;
  • opportunity to test trading systems;
  • trading carried out directly on charts.

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Comments about broker

Serriah trader
review Pacific Financial
29-09-22

Be ware of Pacific Financial. I made losses few months ago. After few months stop trading at real account, they just cancel my account without any notice, all my balance in my account had gone. Later, they made my account be disable, so I lost everything. I was really shocked and it is the worst experience that I will never forget in my trading career. this broker took all my profit and my money $2000 which I traded.

Augustin trader
review Pacific Financial
21-12-21

I was not able to verify my trading account for a month. I find it unreasonable to ask for such amounts for minimum deposit. Today I tried to close some orders in profit, but the execution was delayed and closed only when the orders were losing, after this, I withdrawn immediately all my money. We have to be intolerant to these unethical and abusive brokers. Until now I never got my earnings for this month. This company denied my request for the second times.

Umang trader
review Pacific Financial
08-06-21

The company claims that they have fast execution of orders but this is not what I experienced. There is always a delay in the execution of my orders and often times, it ends up being an error. I wish the company could work on this issue.

Umang trader
review Pacific Financial
08-06-21

The company claims that they have fast execution of orders but this is not what I experienced. There is always a delay in the execution of my orders and often times, it ends up being an error. I wish the company could work on this issue.

Eapidly trader
review Pacific Financial
01-04-21

Pacific Financial is unbeaten brokerages that combine service, price and technological features around the world. Their KiwiTrader platform is outstanding, and slippage is also rarer; I got only one slippage, which was 24pips. About 3 months ago I was top up $1300 and every day on average I execute 20 trades still now every things is great.

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