Completely beneficially owned by a single Japanese investor an active since 1998, Pacific Financial Derivatives Ltd (PFD) has been serving the Oceanic region and beyond through its online portal since 2005.
From its based in New Zealand, PFD and its highly experienced owner has strived to implement a number of advanced Japanese trading tools in order to the market as accessible as possible for traders.
Being a fully licensed company in New Zealand means PFD is regulated by and fully compliant with the Client Funds directive set out by the Futures Industry in 1999. This means that all each user’s money is kept in a segregated account away from the financial and trading assets for PFD.
PFD-NZ.com’s Special FX:
For experienced traders who now act as money managers the Multi Account Manager (MAM) feature at PFD is one that will be of particular interest. Specifically designed to help those with 10 or more sub trading accounts, this MetaTrader 4 plug-in allows users to execute block trades through a master account and automatically portion out the allocation of trades based on the equity of the sub accounts. Although not a feature many novice traders will be able to use, this option is great for those who are more entrenched in the Forex trading world.
Another standout feature of PFD’s interface is its custom designed Kiwi Trader. Designed to be a comprehensive yet simple to use trading platform, novice users will be able to access a range of features, such as advanced charts in-chart trading, in non-confusing environment.
Whether a user opts to use PFD’s own platform, Kiwi Trader, or the more established MetaTrader 4, they will be offered competitive conditions on accounts with and without spreads.
Kiwi Trader Gold Zero: Minimum account size is $1 and the minimum position size on this account is 0.01 lots. Spreads are fixed from 0 pips and one-way commission is charge at $10 per 1 standard lot (commission is only charged on profitable trades). Scalping is forbidden but Expert Advisors can be activated.
Leverage on this account is 1:500 and all currencies are quoted to five digits after the dot comma. Finally, margin call and stop-out levels are 100% and the minimum distance to stop/limit orders is five pips on five currency pairs.
Kiwi Trader Gold: Similar to the Gold Zero account, this option has a minimum account size of $1 and minimum position size of 0.01 lots. Spreads are fixed from 0.8 pips on major currency pairs and there are no commission charges. Scalping and Expert Advisors are allowed on this account and leverage is set at 1:500.
Each of the five currency pairs available will be quoted at five digits after the comma. Moreover, margin call and stop-out levels are 100% with a minimum distance to stop/limit orders of five pips.
PFD Trader (MT4): This account requires a minimum deposit of $1 and trading takes place at a minimum of 0.01 lots. Spreads are variable with typical rates starting at 0.6 pips with a minimum of 0.3 pips.
Additionally, scalping and Expert Advisors are permitted on this account; moreover, leverage of 1:100 on 28 currency pairs quoted to five digits after the comma is available.
PFD Trader: In much the same way each account operates at PFD, this option has a minimum deposit of $1 and trades start from a minimum of 0.1 lot. On top of this variable spreads are usually set at 0.6 pips with a minimum of 0.5 pips on major pairs.
Finally, leverage is available at a ratio of 1:100 across 30 currency pairs quoted to five digits after the comma.
(Additionally note: scalping and Expert Advisors are permitted on this account).