Pacific

WikiFX | 2024-10-12 11:23

Abstract：Pacific was founded by Pacific Forex Asset Management in the USA 2-5 years ago. It offers various trading assets: Forex, CFDs, Binary Options, Cryptocurrencies, Indices, Metals and Stocks. Besides, the leverage is up to 200X. However, the minimum deposit is too high and it lacks regulation.

Note: Pacific's official website: https://pacificforexasset.io is currently inaccessible normally.

PacificReview Summary
Founded	2-5 years
Registered Country/Region	United States
Regulation	Not regulated
Market Instruments	Forex, CFDs, Binary Options, Cryptocurrencies, Indices, Metals and Stocks
Demo Account	/
Leverage	Up to 1:200
Min Deposit	$500
Customer Support	Email: info@Pacificforexasset.io
Customer Support	Address: 245 Grand Street, 2nd Floor, New York, 10002, United States

Pacific was founded by Pacific Forex Asset Management in the USA 2-5 years ago. It offers various trading assets: Forex, CFDs, Binary Options, Cryptocurrencies, Indices, Metals and Stocks. Besides, the leverage is up to 200X. However, the minimum deposit is too high and it lacks regulation.

Pros and Cons

Pros	Cons
Multiple trading assets	Not regulated
High leverage	High minimum deposit
	Lack transparency

Is Pacific Legit?

Pacific was registered in the USA, but FINRA shows no information about it. Even the FMA in New Zealand disclose it as a fraud. Traders should be cautious.

What Can I Trade on Pacific?

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Binary Options	✔
Cryptocurrencies	✔
Indices	✔
Metals	✔
Stocks	✔
ETFs	❌

Account Type

Pacific offers four account types: Bronze Plan, Silver Plan, Gold Plan and Diamond Plan. The demo accounts are not mentioned.

Account Type	Minimum Deposit	Duration
Bronze Plan	$500	14 days
Silver Plan	$2500	10 days
Gold Plan	$5000	10 days
Diamond Plan	$15000	8 days

Leverage

Pacific claims its leverage is up to 200X. Traders should be calm when trading because high leverage can get high returns and high losses.

Pacific Fees

The service charge varies depending on different accounts. Only the Bronze plan need 20% of total earned profit, and the other need 15%.

Customer Service

Contact Options	Details
Phone	❌
Email	info@Pacificforexasset.io
Support Ticket System	❌
Online Chat	❌
Social Media	❌
Supported Language	❌
Website Language	English
Physical Address	245 Grand Street, 2nd Floor, New York, 10002, United States

The Bottom Line

In conclusion, traders should think twice when choosing brokers. Pacific offers multiple trading assets which can make traders invest diversification. However, it is not regulated and the minimum deposit is too high.