Modern MT5 alternative to a New Zealand MT4 broker.
LHFX trades on MT5 with $3 per side commissions, a $10 minimum and 1:500 leverage. PF Derivatives is a long-running New Zealand FMA-licensed MT4 broker with a $5 minimum but lower 1:300 leverage and no crypto funding.
LHFX vs PF Derivatives at a glance.
| Feature | LHFX | PF Derivatives |
|---|---|---|
| Commission per lot | $3 per side ($6 round turn) | Commissions on PFD Pro, spread-only on PFD Trader (exact rate not publicly disclosed) |
| Minimum deposit | $10 | $5 |
| Typical EURUSD spread | Raw from 0.0 pips | Not publicly disclosed (Pro tight, Trader wider) |
| Maximum retail leverage | 1:500 | 1:300 |
| Platforms | MetaTrader 5 only | MetaTrader 4 only |
| Forex pairs / total instruments | 41 forex pairs, 144 total | Around 40 forex pairs, 53+ total |
| Execution model | STP/ECN | STP/ECN |
| Regulation | FSC Mauritius (GB23202204), FSCA South Africa (FSP 52816) | FMA New Zealand (Derivatives Issuer, Authorised Futures Dealer) |
| Crypto deposits and withdrawals | BTC, ETH, USDT and more | Not publicly disclosed |
| Islamic accounts | Yes, swap-free with holding fee after grace period | Not publicly disclosed |
The areas where LHFX offers a clear advantage over PF Derivatives.
LHFX offers up to 1:500 leverage. PF Derivatives caps retail leverage at 1:300.
LHFX is a direct MetaQuotes licensee on MT5. PF Derivatives is on MT4, which their own materials describe as 'aging'.
LHFX accepts BTC, ETH, USDT and other crypto for both deposits and payouts. PF Derivatives does not publicly support crypto funding.
LHFX publishes a flat $3 per side commission with raw spreads from 0.0 pips. PF Derivatives does not publicly disclose its Pro commission rate.
LHFX typically takes under 20 minutes on crypto withdrawals. PF Derivatives uses bank-based timelines.
PF Derivatives has genuine strengths. Here is where they come out ahead.
PF Derivatives has been live in New Zealand since 1999. That is 25+ years of operational history, well beyond most retail brokers.
PF Derivatives is licensed by the New Zealand Financial Markets Authority as both a Derivatives Issuer and an Authorised Futures Dealer.
PF Derivatives accepts deposits from $5. LHFX starts at $10. The difference is small but real.
PF Derivatives lists around 53 instruments versus 144 at LHFX. For traders who only want forex plus a handful of indices, that simplicity is a feature.
Moving from PF Derivatives to LHFX takes minutes, not days.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.
Open an LHFX account from $10 on MT5, with 1:500 leverage, crypto funding, and payouts typically under 20 minutes.