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No Regulation
Score
1.42 /10
Danger
Pacific
2-5 yearsSuspicious Regulatory License
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.30
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-15
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
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 |
| 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 | ❌ |
| 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.
FAQs
Is Pacific safe?
No. It is not regulated, even FMA has disclosed its fraud activites.
Is Pacific a good for beginners?
No, it is unsafe.
Is Pacific good for day trading?
No. Information about Pacific like fees or processing time is limited.
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