PFD Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-01-08 21:46

Abstract：PFD is a regulated New Zealand online broker founded in 2011, offering a wide range of markets including Forex, Metals, Oil, Commodities, CFDs, Indices, and Futures. It provides all around client support and the minimum deposit is $0.

PFD Review Summary
Founded	2011
Registered Country/Region	New Zealand
Regulation	FMA
Market Instruments	Forex, Metals, Oil, Commodities, CFDs, Indices, and Futures
Demo Account	✔
Leverage	Up to 1:300
EUR/USD Spread	From 0.2 pips
Trading Platform	MT4
Minimum Deposit	$0
Customer Support	Live chat service
	Phone: +64 9 6320129/100/121
	Email: info@pfd-nz.com
	Address: Level 8, Swanson House,12- 26 Swanson St., Auckland Central 1010, New Zealand
Regional Restrictions	United States

PFD Information

　　PFD is a regulated New Zealand online broker founded in 2011, offering a wide range of markets including Forex, Metals, Oil, Commodities, CFDs, Indices, and Futures. It provides all around client support and the minimum deposit is $0.

Pros and Cons

Pros	Cons
Various trading instruments	Regional restrictions
MT4 supported	Commission fees charged
Regulated by FMA	Deposit fees charged
Demo account available
Live chat support
Low minimum deposit of $0

Is PFD Legit?

Regulatory Status	Regulated
Regulated by	Financial Markets Authority (FMA)
Licensed Institution	PACIFIC FINANCIAL DERIVATIVES LIMITED
Licensed Type	Straight Through Processing (STP)
Licensed Number	28944

What Can I Trade on PFD?

　　PFD offers brokerage services in Forex, Metals, Oil, Commodities, CFDs, Indices, and Futures.

Tradable Instruments	Supported
Forex	✔
Indices	✔
CFDs	✔
Commodities	✔
Futures	✔
Metals	✔
Oil	✔
Options	❌
Bonds	❌

Account Type

　　Now there are three account types provided by PFD.

Account Type	Minimum Deposit
PFDTrader	$0
PFDPro	$0
PFDProPlus	$1000

Leverage and Fees

Account Type	Leverage	Commissions	Spreads	Stop Out
PFDTrader	1:300	$0	Competitive	100%
PFDPro	1:300	$1 per lot	Tightest	100%
PFDProPlus	1:100	$1 per lot	Tightest	50%

Trading Platform

　　PFD offers MT4 now.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	PC, web, mobile	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

　　Traders can deposit and withdraw via wire transfer, Debit/Credit cards and E-Wallets. Deposit fees are charged: 2.7%+NZ$0.30 for domestic customers, 3.7%+NZ$0.30 for international customers.