Pacific Financial Derivatives- Minimum Deposit

Pacific Financial Derivatives Minimum Deposit is $1/R16,34. This is an extremely low minimum deposit requirement.

Pacific Financial Derivatives at a Glance

Overall Rating

• 4.0/5

Read Review

OPEN AN 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 Minimum deposit – 9 key points quick overview:

1. Pacific Financial Derivatives at a Glance
2. Pacific Financial Derivatives Minimum deposit – 9 key points quick overview:
3. Pacific Financial Derivatives Minimum Deposit
4. Pacific Financial Derivatives Deposit fees and deposit methods
5. A step-by-step guide to Pacific Financial Derivatives depositing the minimum amount
6. Pacific Financial Derivatives Customer Reviews
7. Pacific Financial Derivatives Pros and Cons
8. Conclusion
9. Frequently Asked Questions

Pacific Financial Derivatives Minimum Deposit

The minimum deposit amount required to open a broker account with Pacific Financial Derivatives is $1 /R 16,34, which is an extremely low minimum deposit requirement.

This low minimum deposit should present a low barrier of entry to most new and beginner traders. That said, it is generally recommended to maintain a minimum deposit of at least $100 in your account to avoid trading at a loss.

Pacific Financial Derivatives Deposit fees and deposit methods

Pacific Financial Derivatives offers the following deposit methods:

Visa and Mastercard

PayPal

PoliPayments

Bank wire transfer

In terms of deposit currencies, Pacific Financial Derivatives accepts only three account currencies, namely USD, NZD, and EUR. Traders depositing in smaller currencies, such as ZAR/Rand, will likely incur conversion fees.

In terms of deposit security, the broker complies with the new requirements for the handling of Derivatives Investor Money. These include the following:

Holding derivatives investor money on trust for the investor

Ensuring that derivatives investor money is paid promptly into a specified bank to a trust account

Derivatives investor money must be held separately from money held by or for the issuer or offer or on its own account

At least daily, reconciling the derivatives issuer’s records of the amount of derivatives investor money with the amount of money in the trust account

In terms of 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.

A step-by-step guide to Pacific Financial Derivatives depositing the minimum amount

Deposits can be made with Pacific Financial Derivatives using the following steps:

Step 1 – Log in

• Navigate to the Client Portal and log in to your account

Step 2 –Make the deposit

• Select the option to fund your account
• Provide your deposit amount and select your preferred deposit method. With the same method by which you make your deposits you will have to make your withdrawals.
• Confirm your deposit details and fund your account

Overall Rating

• 4.0/5

Read Review

OPEN AN 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 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

Conclusion

Pacific Financial Derivatives Minimum Deposit is  $1/R16,34. This is an extremely low minimum deposit requirement.

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Frequently Asked Questions

How do I make a deposit and withdrawal with Pacific Financial Derivatives?

Pacific Financial Derivatives offers the following deposit methods:

• Visa and Mastercard
• PayPal
• PoliPayments
• Bank wire transfer

Does Pacific Financial Derivatives charge withdrawal fees?

No, but the broker does charge deposit fees.

How long does it take to make a withdrawal?

Bank wire withdrawals are processed within 5 working days, while e-payments and credit cards are processed on the same day.

Are my deposits safe with Pacific Financial Derivatives?

Yes. The broker complies with the new requirements for the handling of Derivatives Investor Money. These include the following:

• Holding derivatives investor money on trust for the investor.
• Ensuring that derivatives investor money is paid promptly into a specified bank to a trust account.
• Derivatives investor money must be held separate from money held by or for the issuer or offer or on its own account.
• At least daily, reconciling the derivatives issuer’s records of the amount of derivatives investor money with the amount of money in the trust account.

Will I receive a bonus if I refer a friend or family to pacific financial derivatives?

Pacific Financial Derivatives does not currently offer referral bonuses to new or existing traders who make use of the products