Pacific Financial Derivatives does offer a Demo Account. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.
Pacific Financial Derivatives at a Glance
| 🔎 Broker's Name | Pacific Financial Derivatives |
| 📍 Headquartered | New Zealand |
| 📅 Year Founded | 1991 |
| ⚖️ Regulating Authorities | FMA |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:300 |
| 💰 Minimum Deposit | $1 / R16,34 |
| 💳 Deposit Options | E-Wallets Credit/Debit Cards POLi Online Banking Bank Wire Transfer |
| 💳 Withdrawal Options | E-Wallets Credit/Debit Cards POLi Online Banking Bank Wire Transfer |
| 💻 Platform Types | MetaTrader 4 |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex Indices CFDs Precious Metals Oil Commodities Stocks |
| 👨💼 Languages supported on Website | English, Russian, Chinese, and Vietnamese. |
| 👥 Customer Support Languages | English, Russian, Chinese, and Vietnamese. |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 1
Regulators
FMA
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pacific Financial Derivatives Demo account – 8 key points quick overview:
Pacific Financial Derivatives at a Glance- Pacific Financial Derivatives Demo account – 8 key points quick overview:
- How to set up a Pacific Financial Derivatives Demo Account – Step by Step
- Pacific Financial Derivatives Demo Account Features
- Pacific Financial Derivatives Customer Reviews
- Pacific Financial Derivatives Pros and Cons
- Conclusion
- Frequently Asked Questions
How to set up a Pacific Financial Derivatives Demo Account – Step by Step
New clients who wish to open a demo account with Pacific Financial Derivatives can do so with the following simple steps:
Step 1 – Open Your Account
- Navigate to the Pacific Financial Derivatives official website
- Under the Accounts tab, click on the option to Open an Account
Step 2 – Fill out the form
- Under the Demo Account tab, click on the “Download PFD Trader Setup” button”
- Once you have downloaded the Wizard, you will be prompted through the setup process
- Following the successful setup, you will be able to start trading on the demo version
A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money.
A forex demo account is also intended for beginners to get familiar with the various aspects of trading.
As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy.
If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.
Min Deposit
USD 1
Regulators
FMA
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pacific Financial Derivatives Demo Account Features
📍 The demo account from Pacific Financial Derivatives provides users with the following practice features:
Live Buy & Sale Prices
Virtual Credit Of $10,000 By Default
Option To Select Higher Credit Amounts
Trade Online, 24-Hours A Day, 5 Days A Week.
Demo Account Expires In 15 Days
Option To Download Multiple Numbers of Demo Accounts
The demo account offers a simulated live market environment to allow for risk-free practice trading.
As such, users should keep in mind that operational capabilities when executing orders in a demo environment may be different from a live environment – expedited transactions, lack of rejected orders; and/or the absence of slippage.
Pacific Financial Derivatives Customer Reviews
I rarely take the time to write reviews but I’m seeing some negative ones here about PFD and felt I should speak up. I’m based in Ireland and have been with them for nearly two years. I’m full-time at the screens and barring one 30s gap during a quiet period, have seen nothing untoward in that time. People complain of slippage, varying spreads, and minor differences in the spot price, but they’re not being realistic. In a constantly flowing market, nothing stays static. And any broker offering static pricing is trading against your position, in fact. As for varying spot rates, there will always be minor differences between providers.
Many people complain too about spreads being high at 1.2 pips etc, and that’s just ridiculous. Trading is a business, and the spread is the cost of doing business. If the cost cannot be afforded then the business should cease operating.
One final comment, If you are suspicious of your broker then you have failed to carry out sufficient due diligence.
Sufficient due diligence means knowing the minute ins and outs of your broker’s business and its structure. Information that can be found but requires serious online digging.
Very good broker. lowest trading costs. (spread) . enough execution speed. Good customer service.
I have been with PFD for about 6 months. I decided to withdraw the balance of my account (under $1000) as I am giving up forex trading, to be honest, I suck at it. I submitted my application over the weekend and the money was credited to my NZ bank account on Monday. If you are an NZ-based trader this is the ONLY NZ-based forex company. I know I visited their building in Auckland. They also do not charge a wire fee to NZ banks.
Pacific Financial Derivatives Pros and Cons
| ✔️ Pros | ❌ Cons |
| Easy demo account sign-up process | The demo account expires after 15 days |
Conclusion
Pacific Financial Derivatives does offer a Demo Account. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.
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Frequently Asked Questions
What is the difference between a demo and a live trading account?
A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring both the broker’s offer and the trading platform.
A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
Does Pacific Financial Derivatives offer a demo account?
Yes, Pacific Financial Derivatives offers the option of a demo account to all new traders.
For how long is the demo account valid?
The demo account from Pacific Financial Derivatives expires after 15 days. This is somewhat shorter than many other demo accounts, which usually extend to at least 30 days of use.
Can traders from South Africa open a Pacific Financial Derivatives demo account?
Pacific Financial Derivatives also operates in South African markets, and one can easily open an account if one chooses to trade. However, it doesn’t allow you to open an account in ZAR.
Is Pacific Financial Derivatives a good option for beginners trading?
Pacific Financial Derivatives seems to have it all, such as good conditions for beginners
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