Pacific Financial Derivatives (PFD) vs IQ Option

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, Pacific Financial Derivatives (PFD) currently holds a lower overall rating (2.6) compared to IQ Option (4.3). Pacific Financial Derivatives (PFD) has a lower minimum deposit, at 0.0. Both platforms offer their clients demo accounts, mobile trading, scalping. Traders should note that Pacific Financial Derivatives (PFD) offers a minimum lot size of 0.01 and a maximum lot size of 50.0, while IQ Option offers 1.0 and 20000.0. Pacific Financial Derivatives (PFD) offers a lower maximum leverage of 1:300, whereas IQ Option allows trading with up to 1:500.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
2.6/5 (6 reviews)
3/5
2.5/5
2.5/5
2.5/5
4.3/5 (25 reviews)
4.3/5
4.2/5
4.3/5
4.3/5
Minimum deposit ($) 0.0 10.0
Commission 0.0 0.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.01 1.0
Maximum lot size 50.0 20000.0
Spread Variable Variable
Broker type NDD Dealing Desk
Maximal leverage (1:?) 300 500
Availability NDD Dealing Desk
Regulation FMA (NZ) CySEC (Cyprus)
Trading Platforms MetaTrader 4 (MT4) Web Platform, Mobile Platform
Funding/Withdrawal methods Wire Transfer, Neteller, UnionPay, Skrill, Local Deposits, iDeal, Sofort Banking, Przelewy, Giropay, POLi Wire Transfer, Credit Card, Debit Card, Check, Online Check, WebMoney, cashU, Neteller, Skrill, FasaPay, Qiwi, Bitcoin, WeChat Pay, iDeal, Sofort Banking
Account Currency USD, GBP, EUR, JPY, NZD, AUD USD, GBP, EUR, ZAR, RUB
Languages English, Russian, Mandarin, Chinese English, Spanish, French, German, Portuguese, Italian, Greek, Russian, Chinese, Bangla, Polish, Indonesian, Thai, Arabic, Vietnamese, Dutch, Swedish, Urdu, Hindi, Czech, Latvian, Romanian
Country New Zealand Antigua and Barbuda
Trading platform(s) timezone New Zealand Antigua and Barbuda
Other trading instruments Indices, Commodities, Energies, CFDs Stocks, Options, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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