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Pacific Financial Derivatives – PFD Review

Pacific Financial Derivatives – PFD Review

 

Every year many financial institutions come to the market, and very few of them could survive! Pacific Financial Derivatives Ltd is such a financial institution, which is relatively new and provides good service in the forex industry. So, if you are looking to try a new FX broker or want to boost your profitability, Pacific Financial Derivatives Limited can be your ultimate choice. Pacific Financial Derivatives (PFD) broker offers various trading solutions to its clients, including online trading platforms, automated systems, FX orders, and managed accounts. The firm also offers customized advice for individual traders to help them achieve their goals. This article will provide a comprehensive Pacific Financial Derivatives review so that you can easily understand the ins and out of PFD.

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What is Pacific Financial Derivatives?

Pacific Financial Derivatives Limited is a trading platform and brokerage service which is owned by a Japanese investor but registered in New Zealand. It works via Japanese advanced Trading Technology. Although the company came into action in 1999, the Financial Markets Authority approved PFD as an Authorized Futures Dealer in 2011.

PFD Offerings

Pacific Financial Derivatives (PFD) broker will get you access to numerous markets such as commodities, CFDs, spot oil, spot metals, foreign exchange, indices, futures, and more. PFD provides its service with excellent trading technology. This Auckland-based company offers high-end performance alongside a personal approach.

Pacific Financial Derivatives Regulations

PFD began its journey back in 1999 through the former "former Securities Commission as an Authorised Introducing Broker." However, it was then got accreditation as an Authorised Futures Dealer. Later in 2015, PFD registered with the Financial Markets Conduct under the 2013 act.

The FMA act 2013 helps to make financial markets fairer and more open for all. This is because the new law regulates banks, financial services firms, and credit unions to ensure they provide their customers with:

  • Fair assistance in good faith (meaning they can take appropriate action when faced with fraud)
  • Clear explanations of the products and services they offer, including information on the risk level involved
  • A sensitive relationship approach that is more responsive to customer needs.

In addition to the Act, the Treasury has also made a code of practice for banks and financial services firms. This means that these companies must follow the code whether or not they are regulated by FMCR. It is part of Fair Go, which is an overall economic plan that focuses on fairness and opportunity for all New Zealanders.

Under FMCR, customers have the right to dispute their service or treatment if they feel it has been unfair (similar to existing rights). A customer has a right to complain to the Financial Markets Authority (FMA) if they cannot resolve their issue with their broker. Hence, with the PFD, your investment will remain safe and secured.

Pacific Financial Derivatives (PFD) Review 2022 Quick Summary

🏢 HeadquartersNew Zealand
📆 Established1999
🗺️ RegulationFinancial Markets Authority (FMA), New Zealand
🖥 PlatformsMeta Trader 4 (MT4)
📉 InstrumentsFX, Spot Metals, Commodities, CFDs, Indices, Futures and Contracts
💳 Minimum Deposit$0
💰 Deposit MethodsCredit Card, PayPal, Bank Transfer
📱 Mobile TradingYES - MT4 Mobile terminal
🌍 Web TradingNO
💵Minimum Trade Size0.01
🎢 Maximum Leverage1:300
🌍 ECNYES
🤖 RobotsAll robots accepted - No restrictions
🎯 ScalpingAllowed - no restrictions
☎ Customer Support24/5

Pacific Financial Derivatives Regulations

The PFD Advantage

New Zealand is rated as high among the world's sovereign credits, which supports moderate fiscal prudence, moderate public indebtedness, and strong public institutions. On top of that, New Zealand unrestricted and classic business environment to compete with the aggressive world market. Besides, the political stability and the supportive business government will let you trade with Pacific Financial Derivatives Limited easily.

Pacific Financial Derivatives Review: Account Types

The Pacific Financial Derivatives Ltd account is an offshore company that offers a number of excellent investment opportunities. These include trading in currency, commodities, and various other markets like stocks, securities, and bonds. Read on to learn more about the Pacific Financial Derivatives Ltd account types.

PFDTrader

PFDTrader using the MetaTrader 4 is an account for online buying and selling foreign currencies and other instruments. It features access to 20,000 financial instruments on more than 100 markets globally, spanning across six continents. It functions as a unique, integrated trading platform that combines the functionalities of a powerful automated trading system with an advanced charting environment.

PFD released their trading account under the name PFDTrader MT4 (Meta Trader 4) to their customers since the beginning. It has been successfully used by most PFD clients for day-trading, short-term and long-term investing in financial markets. It is a leading online brokerage platform and is widely used across the world, including in Europe, Asia, and South America.

Benefits of PFDTrader

  • Spreads are highly competitive
  • Doesn't incur any commission for Forex
  • Access to robots, news trading scalping
  • Fastest execution
  • No minimum deposit to start trading with PFDTrader
  • No Dealing Desk (NDD)
  • You can trade metal, Forex, CFD from a single account.
  • You will get access to a large range of instruments.

PFDPro

The good thing about PFDPro is, you will get the tightest spread with no trading restriction policy. The tightest spread is the amount of points through which the bid and ask price are in agreement. The tightest spreads are generally found in high-volume currencies, often the US Dollar, Euro, Swiss Francs. When trading in these currencies, it may be advantageous to use the tightest spreads instead of your broker's standard spreads.

The tighter the spread you pay for a trade, the higher your returns will be because you are paying fewer commissions on smaller trades. This article will outline some reasons why you might want to use a tighter spread when trading Forex or other foreign exchange instruments.

Benefits of PFDPro

  • You will be able to swap and hedge net out at the same time, which is highly beneficial.
  • The positive slippage opportunity will provide you institutional-grade spread.
  • Competitive spreads.
  • No Dealing Desk (NDD)
  • Fast execution
  • There will be no restrictions on trading
  • Best for the system traders as well as professional traders.
  • You can trade metal, Forex, CFD from a single account.
  • You will get access to a large range of instruments.

PFDProPlus

This account provides all the exclusive features of the MetaTrader 4 platform. On top of that, PFDProPlus also offer accurate swaps, transparent commission structure, and institutional-grade spreads. The net out swaps, also called a rollover, is the fact that when a trader buys a currency pair and then sells it in a different time frame, thus re-buying the currency again, they will have to sell the current version of it. The transactions are based on interest rates and account for where the currencies are headed to. However, the trade is usually done over a 3 month period, but this can be altered depending on the trader's preference.

When a trader enters into a net out swap position (NOS), he or she is essentially swapping one currency for another and getting paid for it. In other words, a trader holding a net out swap position has effectively sold one currency and bought another. If a trader has gotten the US dollar (USD) and the EUR, he or she must exchange them back. If the trade was done in 4 months, then the trader would be buying back those 2 currencies in 4 months.

A net-out swap reduces risk as you are always able to convert your currency back to its original value. When you are in a net-out swap position, there is no risk of ending up with any cash at the end of your roll. You can never be in a position where you will not be able to convert your currency back to its original value.

The idea behind the net-out swaps is that large moves in the foreign exchange markets occur when a certain event occurs (like election day). If you want to make money on these moves, then you need to identify the right times and place trades at the right times.

Though this strategy is quite risky, you can use a hedging technique that will make your risk on any trade much lower. This should help you to avoid any large losses connected to this strategy.

Pacific Financial Derivatives Regulations

Benefits of PFDProPlus

  • PFDProPlus account allows to swap and hedge net out at the same time, which is highly beneficial.
  • Get the opportunity to have positive slippage and institutional-grade spreads.
  • The commission will be competitive
  • Quick execution
  • Non-Dealing Desk (NDD)
  • No restriction on trading
  • You can trade metal, Forex, CFD from a single account.
  • Access to a wide range of instruments.

Islamic Account

Pacific Financial Derivatives Limited Forex Islamic account offers traders an opportunity to trade and profit without contradicting the principles of Islam. This type of account is intended for Muslims, and like other Islamic investments, it must adhere to Sharia law.

Forex accounts adhere to the same principles as other types of Islamic investments; they cannot use any form of Interest (Riba) or gambling (Maisir). Interest is prohibited because it causes inequality in society, where the rich will get richer, and the poor will get poorer. Gambling, on the other hand, is often considered a sin within Islam because it creates addictive behavior that's hard to break away from.

Traders can't accept negative trading fees either. Usually, when Islamic accounts use margins, they take the favorable spreads offered by the broker, but they can't accept negative trading fees. The Islamic principle of not accepting loans (Riba) also prevents traders from using borrowed money to trade.

Instead, traders must carry their own capital in a Forex Islamic account. Traders may be able to borrow money for very short periods of time, as long as it's for a very small sum (up to $5K). This is an agreement between the Forex broker and the trader that requires a trader to pay Interest if he or she delays paying back the loan. Therefore, traders must be sure they plan their trades accordingly.

The amount of capital that's required depends on the trader's risk tolerance. Further, traders can calculate the amount of risk they are willing to take by calculating their desired monthly return. For example, if a trader wants $10,000 per month in profit, he could safely trade without any margin or lending money. On the other hand, if he wanted only $2,000 per month in profit, then he would need $20K in liquidity (the additional money borrowed from a Forex broker).

Traders who don't have enough capital can use an Islamic account to borrow money from Pacific Financial Derivatives Limited for up to five days at a time. There are two ways traders can borrow money. In a first way, a trader can receive one lump sum at the beginning of the month and use it to trade during the month. In this case, the trader would pay Interest when he or she paid back the loan at the end of the month.

Traders who prefer to borrow money as they need it can do this with a "Floating Rate." This is a line of credit from a broker that allows traders to borrow money whenever they want and pay Interest on it daily. They must pay back what they borrowed in its entirety by the end of every day or week, depending on an agreement between them and their broker.

However, Pacific Financial Derivatives (PFD) broker may offer both a Floating Rate and non-floating rates, where traders can borrow money for longer than one day. In this case, the trader would have to pay back the Interest on whatever he or she borrowed as well as the principal (the original amount) before the end of that time period.

Since Islamic accounts forbid Interest (Riba), some people consider them to be only for Muslims. However, since they forbid gambling and use of margin (Interest on borrowed money), they are also attractive to non-Muslims who are looking to trade in a way that's profitable while sticking to their religious principles.

Benefits of Pacific Financial Derivatives Ltd Islamic Account

  • No charges or Interest for overnight holding
  • The administrative fee is free for up to three days
  • Competitive spreads
  • Prompt execution
  • No restrictions on trading
  • 24/5 customer support
  • 300:1 leverage opportunity

Pacific Financial Derivatives Review: Trading Platform

PFD uses Meta Trader 4 Platform to provide its trading service. MetaTrader 4 is a trading platform for online trading with Forex, Commodities, Futures, and Shares. It is the world's most popular Forex trading platform for more than 185 countries.

Meta Trader 4, the most popular and preferred Forex trading platform among professionals and traders alike, has just been released with a slew of new features. If you are new to Meta Trader or looking to check out the Pacific Financial Derivatives Limited MT4 platformwe have compiled a guide on what Meta Trader 4 can do for you.

Pacific Financial Derivatives Mobile Trading Platform

Get access to your account from anywhere by downloading MT4 Mobile Trader Pro or MT4 WebTrader Mobile to your phone. With MT4 Mobile, you can monitor and manage your market positions, even as you move around. Look for growth opportunities on the Fly and Trade on your Smartphone or Tablet. Get updates in real-time on your Stock, Commodities, Forex, and Indices markets news feed. The latest version of MT4 Mobile offers a completely re-designed interface with Trading functionality that pulls info from multiple sources, including Forex brokers and stock exchanges in one location.

Pacific Financial Derivatives (PFD) broker Desktop Trading Platform

Trade at any hour of the day with 24-hour market access and watch live market data updates. Expert convenience is the focus in this release of MT4, which now has a professional look and feel. Re-built from the ground up to be easy to use, yet powerful enough for advanced traders. Thoroughly tested by a team of professional traders, it provides real-time data and alerts for better profitability as you trade more than 20 different instruments.

Online Trading

Go over the top with direct access to the financial markets through Pacific Financial Derivatives MT4 Cloud. The new version of MT4 features its own server that allows access from anywhere. It uses the latest security technology to avoid unauthorized access.

Meta Trader 4 is built for both desktop and mobile users, so why stop there? The next release of the platform will offer MT4 Cloud, an online version of Meta Trader 4. It provides users with an easy-to-use interface on the desktop that allows you to view your current trades and offers a full subscription to a real-time news feed that includes financial market data feeds from all over the world. The news feed includes data from multiple exchanges, including NASDAQ, CME, and NYSE (as well as many others).

Pacific Financial Derivatives (PFD) broker Trading Features

PFD provides an API feature allowing clients direct access to the market, ensuring the best price. Nevertheless, it is also available for the MAM accounts. On top of that, traders will get access to numerous additional tools alongside the strategies.

You lose less when you buy or sell your currency because the tight spread means there are fewer fluctuations, so you get a better idea of what your money will be worth before committing to the trade. When you trade on Forex, you are entitled to a commission, and this is determined by the size of the spread. The tighter the spread, the smaller your commission – and therefore, more likely it is that you will be able to trade.

PFD Review: Deposit Option

PFD offers several deposit options to run forex trading. The deposit options include VISA, Master Card, PayPal, Poli Payment, and Bank Wire Transfer. These methods will work from anywhere in the world.

Pacific Financial Derivatives Withdrawal Option

PFD offers two types of withdrawal, paper-based and online request. For the online withdrawal procedure, you will require to provide the MT4 account credentials, while the paper mode requires you to fill out an application. The paper mode is specially designed for overseas wire transfer.

PFD Review: Customer Support

Pacific Financial Derivatives customer support is one of the best to be found in the entire branch of financial service providers. They offer varied methods of communication, including live chat, phone calls, and even email support. Not only do you have multiple options for contacting them, but they are also available 24/5.

Pacific Financial Derivatives provides highly professional and personalized customer support that no other institution can compare with. It has been rated as the most informative and responsive customer support by numerous customers.

A great number of financial institutions promise to deliver excellent services. However, Pacific Financial Derivatives has truly changed the meaning of excellent customer support. They have proved that they do everything possible to keep their clients happy and satisfied. If you want a financial institution that is not only affordable but also provides top-notch services, then Pacific Financial Derivatives is the best choice for you. The company offers comprehensive services that no other company can match in terms of convenience and affordability.

PFD Review: Education Support

Pacific Financial Derivatives offers education on forex trading and its derivatives. They offer many different articles on Forex, from beginner to advanced. These articles and glossaries are accessible by anyone along with other supplemental materials. The reason for taking these courses is different for everyone, but all people should have a goal for why they are learning about forex trading. This could be something such as having more money to travel to new places, wanting a career in trading, or wanting to help others learn about becoming better traders.

Final Words

Pacific Financial Derivatives is a great investment possibility for those who have been looking for a venture to invest in. This company has been very successful with its investments and has seen some great returns as well as meeting its goals set out earlier. In all, there were no major flaws found in this Pacific Financial Derivatives review, and it would be worth your time to invest with them if you have the opportunity to do so.

 

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