PACIFIC FOREX

Pacific Forex, operating under the domain pacific-broker.com, is a retail forex and CFD broker registered in the United Kingdom. The company was founded on 26 August 2021 and lists its office at Kemp House, 152 – 160 City Road, London. The broker targets primarily Thai-speaking traders, with its website available in Thai and English.

In FXCanary's assessment, this broker operates without any known regulatory licence from a major financial authority. This absence of regulation is a significant consideration for traders evaluating the safety of their funds.

Our records show no regulatory authorisation for Pacific Forex from any financial watchdog. The broker is not listed on the UK Financial Conduct Authority (FCA) register, nor does it hold a licence from other tier-1 regulators such as CySEC or ASIC. The company address in the UK is a virtual office provider, which is common among unregulated entities.

Without a regulatory licence, clients have no recourse to compensation schemes or independent dispute resolution. This places the burden of due diligence entirely on the trader.

Pacific Forex offers three account tiers: STANDARD (minimum deposit $10,000, leverage up to 1:500), SVIP (minimum deposit $30,000, leverage up to 1:300), and MINI (minimum deposit $1, leverage up to 1:1000). The leverage offered is high, particularly on the MINI account, which exceeds limits allowed by most regulated jurisdictions.

The minimum deposits range from as little as $1 to $30,000, catering to both retail and high-net-worth individuals. However, the high minimum on the STANDARD and SVIP accounts may limit accessibility for smaller traders.

The broker provides the MetaTrader 4 (MT4) platform, a widely used trading interface. According to its website, clients can trade over 35 instruments including forex pairs, indices, metals, commodities, and cryptocurrencies via CFDs. The range is modest but covers major asset classes.

We were unable to verify the specific spreads or execution quality, as these details are not publicly disclosed. The broker markets 'low spreads' but provides no concrete figures.

Pacific Forex claims that client funds are held in segregated bank accounts at regulated institutions and guarantees deposits. However, specific payment methods and processing times are not listed on the website. The lack of transparent information on funding and withdrawal procedures is a red flag.

Traders should exercise caution and verify directly with the broker before depositing.

The broker offers customer support in Thai and English, available 24 hours a day, 6 days a week. Support channels include LINE, Facebook, and email. The presence of local-language support suggests a focus on Thai traders.

Response times and quality could not be assessed as part of this review.

Pacific Forex is an unregulated broker based in the UK, offering leveraged trading on forex and CFDs. While its website appears functional and provides basic information, the absence of regulatory oversight and limited public data raise concerns. Traders considering this broker should be aware of the elevated risks, including potential loss of funds without legal protection.

Aggregated industry data shows no significant independent user reviews or complaints, which may indicate a small client base or recent operation. The broker’s risk score of 49/100 places it in a 'Guarded' category, highlighting the need for thorough due diligence.