Search

For more information about PANPACIFIC Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Influence E

License

No license

PANPACIFIC Company

  

PanPacific Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  PanPacific Company, specifically Pan Pacific Capital Group Ltd., is a relatively new player in the online trading sector, having been established within the last 2 to 5 years. Despite its recent inception, the company has quickly garnered attention due to its wide range of trading services.

  

Parent Company/Ownership Structure

  PanPacific operates as an independent entity, with no clear indication of a parent company or overarching ownership structure disclosed in available resources. This lack of transparency can raise concerns among potential clients regarding the company's stability and governance.

  

Headquarters Location

  The company is registered in the United States, with its operational headquarters reportedly located in Roseville, California. However, conflicting information suggests a possible presence in Basel, Switzerland, which may indicate a complex operational structure.

  

Global Business Scope

  PanPacific offers trading services across various financial markets, including Forex, commodities, cryptocurrencies, and futures. Its global reach allows clients from multiple regions to access its services, although specific country restrictions are not clearly outlined.

  

Main Regulatory Bodies

  Currently, PanPacific is not regulated by any recognized financial authority. It has an unauthorized license from the National Futures Association (NFA) in the United States, which raises significant red flags regarding its legitimacy and client protection measures.

  Back to top

  

2. Company History and Development

  

Key Milestones

  PanPacific's journey began with its establishment, but it has faced scrutiny due to its lack of regulation. The company's timeline includes its operational launch and subsequent service offerings, but detailed milestones are sparse.

  

Business Expansion Journey

  Despite being a new entrant, PanPacific has expanded its service offerings to include a variety of trading instruments. However, the absence of a demo account and limited information on its website may hinder its growth trajectory.

  

Customer Base Growth

  The company's client base is still developing, with many traders wary of engaging with an unregulated broker. As such, significant growth in this area may be challenging without improved transparency and trust.

  

Platform Development History

  PanPacific uses its proprietary trading platform, Appglobaleasy, which is available on multiple devices. However, the lack of industry-standard platforms like MetaTrader 4 or 5 may deter experienced traders.

  

Important Awards or Recognitions Received

  As of now, there are no publicly available records of awards or recognitions received by PanPacific, which further emphasizes its nascent status in the industry.

  Back to top

  

3. Trading Services Offered

  

Forex Trading Options

  PanPacific offers a range of Forex trading options, although specific details about the number of currency pairs available are not disclosed. The trading platform supports leverage ratios ranging from 1:100 to 1:400, which can be appealing to traders looking for high-risk, high-reward opportunities.

  

Stock Trading Options

  Currently, there is no information indicating that PanPacific offers stock trading services. The company's focus appears to be primarily on Forex and other derivative products.

  

CFD Trading Products

  PanPacific provides access to Contract for Difference (CFD) trading, allowing clients to speculate on price movements of various financial instruments without owning the underlying assets. However, detailed product offerings are not clearly outlined.

  

Other Financial Instruments

  In addition to Forex and CFDs, PanPacific allows clients to trade cryptocurrencies, including popular options like Bitcoin and Ethereum. The company also offers commodities trading, although specifics on available commodities are not provided.

  

Special Services or Unique Advantages

  One of the few advantages highlighted by PanPacific is its flexible leverage options. However, the absence of a demo account and industry-standard trading platforms may limit its appeal to potential clients.

  Back to top

  

  

Detailed Regulatory Information

  PanPacific currently operates without any valid regulatory oversight. The NFA license it claims is unauthorized, raising concerns regarding its legitimacy and operational practices. Traders are advised to exercise caution when dealing with unregulated entities.

  

  The company is registered in the United States but lacks clear documentation on its legal entity structure. This lack of transparency can complicate client recourse in case of disputes.

  

Client Fund Protection Measures

  Due to the absence of regulation, there are no established client fund protection measures in place. This raises significant risks for traders, as their capital may not be safeguarded against potential company insolvency or malpractice.

  

Countries/Regions Served

  While PanPacific claims to serve a global clientele, specific country restrictions or a comprehensive list of regions served are not provided, leaving potential clients in the dark regarding availability.

  

Compliance History

  As a new and unregulated entity, PanPacific has no compliance history to report. This lack of oversight can be a significant deterrent for traders looking for reliable and trustworthy brokers.

  Back to top

  

5. Competitive Landscape

  

3-5 Main Competitors

  PanPacific faces competition from several established brokers, including:

  • FXOpen: Known for its wide range of trading instruments and competitive trading conditions.
  • LiteForex: Targets beginner traders with a user-friendly platform and educational resources.
  • FP Markets: Caters to experienced traders with robust trading environments and competitive pricing.

  

Positioning in the Industry

  PanPacific's positioning in the industry is precarious due to its lack of regulation and transparency. While it offers diverse trading instruments, these advantages are overshadowed by significant regulatory concerns.

  

Market Differentiation Factors

  The primary differentiation factor for PanPacific is its proprietary trading platform and high leverage options. However, the absence of industry-standard platforms and a lack of regulatory oversight may hinder its ability to attract a substantial client base.

  Back to top

  

Conclusion

  In summary, PanPacific Company presents a mixed picture for potential traders. While it offers various trading services and flexible leverage options, its lack of regulation, transparency, and established reputation raises significant concerns. Traders are advised to conduct thorough research and consider established, regulated alternatives before engaging with PanPacific.

  Learn more about PanPacific Company