Pacific Broker is a forex broker that claims to have been registered on its official website since September 25, 2019. The company primarily provides forex trading services to investors, and its headquarters address is undisclosed. Pacific Broker does not offer services to jurisdictions where it may violate local laws or regulations.
Corporate Registration and Regulatory Status:
According to information on its official website, Pacific Broker claims to have been established in 2010, with a stated address at Kemp House, 152 - 160, City Road, London, United Kingdom. However, the company has not disclosed its corporate registration and regulatory information. A search on the Companies House website in the United Kingdom reveals a company with the same name, PACIFIC BROKER LIMITED. It was established on September 25, 2019, with a registered address at PO Box 4385, 12226112 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff, CF14 8LH, and a registration number of 12226112. No regulatory information was found for Pacific Broker, indicating that the broker is currently unregulated.
Account Opening:
Pacific Broker's official website currently does not support the registration of new accounts. Users can only log in to existing accounts.
Account Types:
Pacific Broker offers users five different types of real trading accounts: MINI Account, STANDARD Account, SVIP Account, EA Account, and SSVIP Account.
- MINI Account: Minimum deposit of 1 USD, maximum leverage of 1:1000, 0% stop-out level, and a floating spread starting at 0.5 pips.
- STANDARD Account: Minimum deposit of 10,000 USD, maximum leverage of 1:500, 0% stop-out level, and a floating spread starting at 0.3 pips.
- SVIP Account: Minimum deposit of 30,000 USD, maximum leverage of 1:300, 0% stop-out level, and a floating spread starting at 0.1 pips.
- EA Account: Minimum deposit of 100 USD, maximum leverage of 1:1000, 0% stop-out level, and VPS support.
- SSVIP Account: Minimum deposit of 100,000 USD, maximum leverage of 1:100, 0% stop-out level, and team and signal support.
Trading Platform:
The broker claims on its official website to provide users with the MT4 trading platform. However, upon investigation, no broker named Pacific Broker is found to offer the MT4 platform. Additionally, a search on their website shows that the MT4 platform is not available.
Deposit and Withdrawal:
Pacific Broker's website states that it supports deposits and withdrawals through methods such as bank wire transfer, NETELLER, OКРАУ, Perfect Money, Skrill, VISA, MasterCard, and others.
Contact Information:
Users can contact Pacific Broker for customer support services through phone at +44 9153758643, email at support@pacific-fx.com, and the online contact form on the broker's official website.
Summary:
Traderknows advises investors that Pacific Broker is a platform with unclear corporate registration information and has not obtained authorization and effective regulation from any official financial regulatory authority in a jurisdiction. It is recommended that investors steer clear of this platform when choosing a trading platform and opt for platforms with transparent registration and regulatory information and a good reputation to avoid unnecessary financial losses. As of now, Pacific Broker is marked as "suspected of fraud" on Traderknows.
