Pacific Financial Derivatives
About Pacific Financial Derivatives Company
Pacific Financial Derivatives is a reputable brokerage firm based in New Zealand, specializing in delivering top-notch brokerage services. The company is regulated by the Financial Markets Authority (FMA). It is worth mentioning that official documents, such as licenses and registration certificates, are not openly available on the official website pfd-nz.com.
Overview of Pacific Financial Derivatives
Pacific Financial Derivatives is under the ownership of a Japanese investor; however, specific details regarding this remain undisclosed. Information pertaining to the company’s proprietors and founders is kept confidential.
The company offers various communication channels for client interaction, including phone numbers with New Zealand area codes, email, online and Skype chats, a feedback form, as well as active accounts on Twitter and Facebook. Details regarding the support service’s schedule and communication mediums can be found in the “Operations/Contacts” section.
Trading Opportunities and Platforms at Pacific Financial Derivatives
Trading activities on the Pacific Financial Derivatives platform are facilitated through the widely-used MT4 terminal. Traders have the liberty to engage in transactions involving diverse financial instruments, such as currencies, precious metals, commodities including oil, CFD contracts, indices, and futures.
Furthermore, the broker’s website features an “Education” section that equips traders with trading-related information. Regrettably, only two out of three sections are provided in English.
Tariff Plans and Accounts Offered by Pacific Financial Derivatives
The company has curated three distinct tariff plans based on the MT4 platform – PFDTrade, PFDPro, and PFDProPlus. The minimum deposit amount is explicitly stated only for the third account, commencing from $1,000. The initial deposit amounts for the first two plans are not explicitly disclosed.
Pacific Financial Derivatives supports several currencies in which users can establish accounts, such as US dollars, New Zealand dollars, British pounds, Australian dollars, euros, and Japanese yen. Additionally, a demo account with a balance of $10,000 is available on the platform for educational purposes and strategy testing.
Account Funding and Withdrawal Procedures at Pacific Financial Derivatives
The “Operations/Deposit Funds” page showcases the available methods for account funding, including credit/debit cards, online banking, and bank transfers, along with corresponding commission rates. Nevertheless, the “Operations/Withdrawal Funds” section lacks detailed information regarding withdrawal conditions, minimum and maximum amounts, processing times, and other crucial specifics.
Final Thoughts
Despite its extensive experience in the financial markets, Pacific Financial Derivatives exhibits certain drawbacks such as inadequate translation, absence of official documents, and limited insights into financial transactions. It is advisable to peruse reviews about the company for a more comprehensive understanding.
This review has been prepared by the specialists at ExpertsReview.
I am deeply dissatisfied with Pacific Financial Derivatives due to their lack of transparency, poor customer service, and questionable trading practices.