Rating Index
Pros
High leverage options up to 1:300, allowing traders to maximize potential gains.
Competitive spreads starting from 0.3 pips, making trading costs low for clients.
Regulated by the Financial Markets Authority (FMA) in New Zealand, ensuring a level of safety and transparency for investors.
Cons
Limited educational resources available, which may not support novice traders effectively.
Only one trading platform (MetaTrader 4) offered, limiting flexibility for traders who prefer different platforms.
Demo accounts expire after 15 days, which may not provide sufficient time for traders to practice before switching to a live account.
PFD broker Accounts
Pacific Financial Derivatives Account Type
Pacific Financial Derivatives (PFD) offers three different account types tailored for various trading needs:
- PFD Trader Account
- Minimum Deposit: $0
- Commission: None (commission-free trading)
- Spread: From 0.5 pips for EUR/USD
- Leverage: Up to 1:300
- Suitable For: Beginners and casual traders.
- PFD Pro Account
- Minimum Deposit: $0
- Commission: $1 per side/lot
- Spread: From 0.2 pips for EUR/USD
- Leverage: Up to 1:300
- Suitable For: Intermediate traders who require tighter spreads and are comfortable with commissions.
- PFD Pro Plus Account
- Minimum Deposit: $1,000
- Commission: $1 per side/lot
- Spread: From 0.1 pips for EUR/USD
- Leverage: Up to 1:100
- Suitable For: Professional traders looking for institutional-grade conditions.
- Visit the PFD Website:
- Go to the official PFD website.
- Choose Account Type:
- Select the desired account type (PFD Trader, PFD Pro, or PFD Pro Plus).
- Complete Registration:
- Fill in the online application form with your personal details, including your name, email address, and phone number.
- Submit Identification Documents:
- Provide necessary identification documents such as a government-issued ID and proof of address.
- Account Activation:
- After submission, wait for the account to be approved and activated. This process typically takes a short time.
- Fund Your Account:
- Deposit funds into your account using one of the available payment methods.
- Start Trading:
- Once your account is funded, you can begin trading on the PFD platform.
Pacific Financial Derivatives Broker Account Opening Process
To open an account with Pacific Financial Derivatives, follow these steps:
For more detailed information, please refer to the following sources:
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