Pacific Financial Derivatives spreads are competitive and average at around 0.4 pips for major currency pairs like EUR/USD. Pacific Financial Derivatives do charge commission depending on what account a trader chooses with spreads from 0.0 pips.
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 Fees and spreads – 9 key points quick overview:
Pacific Financial Derivatives at a Glance- Fees and spreads – 9 key points quick overview:
- Pacific Financial Derivatives Fees and Spreads
- Pacific Financial Derivatives Additional Trading Fees
- Pacific Financial Derivatives Broker Fees
- Pacific Financial Derivatives Customer Reviews
- Pacific Financial Derivatives Pros and Cons
- Conclusion
- Frequently Asked Questions
Pacific Financial Derivatives Fees and Spreads
📍Traders with Pacific Financial Derivatives can expect the following spread list:
Pacific Financial Derivatives operates a No Dealing Desk model, which allows for access to the best spreads at the prevailing market price. The full spread list can be viewed on the broker’s website with live market prices.
Due to this NDD model, spreads are competitive and average at around 0.4 pips for major currency pairs like EUR/USD.
Commissions are also charged, which average $1 charged per side per lot on the PFDPro Account.
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 Additional Trading Fees
Pacific Financial Derivatives does charge deposit fees. There is a deposit fee of 3% on credit card payments, 3.4% plus a fixed fee on PayPal deposits, and a 1% transaction fee on Polipayments.
Pacific Financial Derivatives does not appear to charge withdrawal fees.
Pacific Financial Derivatives charges swap fees, also referred to as overnight fees, on positions held open overnight. These accrue as interest which can be either debited from or credited to the trader, depending on the nature of the position.
A swap-free account is offered by Pacific Financial Derivatives to traders of the Muslim faith, for whom this type of interest is prohibited by not Sharia law.
While Pacific Financial Derivatives does not charge any additional non-trading fees, such as inactivity fees or account maintenance fees, conversion fees will apply to traders depositing in currencies not accepted by the broker. Accepted deposit currencies consist of EUR, USD, and NZD.
Pacific Financial Derivatives Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution.
As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
As Pacific Financial Derivatives is not a spread betting broker, so spread betting fees will not apply.
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 |
| Low minimum deposit | Deposit fees are charged |
| No additional non-trading fees | Limited deposit currencies may lead to conversion fees for some traders |
| No withdrawal fees |
Conclusion
Pacific Financial Derivatives spreads are competitive and average at around 0.4 pips for major currency pairs like EUR/USD. Pacific Financial Derivatives do charge commission depending on what account a trader chooses with spreads from 0.0 pips.
You might also like: Pacific Financial Derivatives Review
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You might also like: Pacific Financial Derivatives Minimum Deposit
Frequently Asked Questions
Does Pacific Financial Derivatives charge any inactive fees?
Pacific Financial Derivatives does not charge any additional non-trading fees, such as inactivity fees or account maintenance fees
What spreads can I expect with Pacific Financial Derivatives?
Pacific Financial Derivatives operates a No Dealing Desk model, which allows for access to the best spreads at the prevailing market price. The full spread list can be viewed on the broker’s website with live market prices.
Due to this NDD model, spreads are competitive and average at around 0.4 pips for major currency pairs like EUR/USD.
Does Pacific Financial Derivatives charge a commission?
Yes. Commissions are charged on the PFDPro account at $1 per side per lot.
What are the costs of trading with Pacific Financial Derivatives?
Pacific Financial Derivatives Minimum Deposit is $1/R16,34.
Does spread betting cost apply to LQDFX?
Pacific Financial Derivatives does not offer spread betting and thus spread betting fees do not apply
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