“PFD offers an educational section featuring a Forex Glossary and a Forex Introduction article.”
PFD offers an educational section featuring a Forex Glossary and a Forex Introduction article. The glossary covers popular trading terminology such as Carry Trade, Fill Price, Hedging, Leverage and more, and is ideal for new clients who are beginning their trading journey. The ‘Forex Introduction’ article is also informative and detailed, and covers a range of topics such as ‘What is Foreign Exchange?’ and ‘How do people make money from Forex trading?’. However, they are text heavy.
“PFD provides clients a simple trading offering across Forex, Commodities and Index markets using the globally recognised MetaTrader 4 platform.”
From our observations, PFD provides clients with a simple trading offering across Forex, Commodities and Index markets through the globally popular MetaTrader 4 platform. Clients can open a PFD Trading account for commission-free trading or a PFD Plus and PFD ProPlus account for commission-based trading.
There is also an option for money managers to open a MAM account and take advantage of the FIX API for direct access to markets with the best prices and conditions. The broker does offer low commission trading and very competitive spreads.
Is PFD regulated?
Yes, by the New Zealand Financial Markets Authority (FMA).
Where is PFD based?
PFD is based at Level 8, Swanson House,12- 26 Swanson St., Auckland Central 1010, New Zealand.
How does PFD make money?
PFD makes money mainly through commissions, spreads and swaps on certain asset classes.
How do I deposit in PFD account?
Funds can be deposited into a trading account via credit and debit cards, bank wire transfers and more.
What is the min. deposit for PFD?
There is no minimum deposit.
How do I withdraw money from PFD?
Withdrawals can be made from PFD via credit and debit cards, bank wire transfers and more.
What is the max leverage in PFD?
How do I open an account with PFD?
An account can be opened at the click of a button on the PFD website and can be done in just a few steps.
Does PFD use MetaTrader?
Yes, MetaTrader 4.
“Pacific Financial Derivatives (PFD) Limited is authorised and regulated by the New Zealand Financial Markets Authority (FMA), and offers clients the ability to trade across multiple Forex and CFD markets through the globally recognised MetaTrader 4 platform.”
Pacific Financial Derivatives (PFD) Limited was founded in 1999 and has been regulated by the New Zealand Financial Markets Authority (FMA) since 2015. The broker is also part of the Financial Dispute Resolution (FDR) scheme.
Clients can choose from three account types called PFD Trader, PFD Pro, and PFD ProPlus. The PFD Trader account offers commission-free trading with competitive spreads whereas the PFD Pro and PFD ProPlus are commission-based but offer the tightest spreads. MAM, Islamic and demo accounts are also available and the maximum leverage is high at 1:300.
Trading is available on the globally popular MetaTrader 4 platform and as such clients can also take advantage of FIX API and the MetaTrader marketplace to access thousands of additional trading tools, automated strategies and copy trading services.
The broker accepts various deposit and withdrawal methods including debit/credit card, bank wire, Poli and more. There is also multilingual customer support 24/5 via phone, email, live chat and Skype.
- FMA regulated.
- Commission-free trading available.
- Very competitive spreads
- Can trade on MetaTrader 4.