Score

8.44 /10
Good

First State Futures

Indonesia  7-15 years Regulated in Indonesia Retail Forex License MetaTrader 4 MetaTrader 5 Regional Brokers JaFets Now US Stock Bluechips Stock

License Index9.19

Business Index6.56

Risk Management Index9.52

Software Index6.39

Regulatory Index9.17

Influence A+ Better than 72% brokers

License

BAPPEBTI Regulated

Badan Pengawas Perdagangan Berjangka Komoditi
18/BAPPEBTI/PN/3/2010

JFX Regulated

Jakarta Futures Exchange
SPAB-058/BBJ/01/04

KBI Regulated

Kliring Berjangka Indonesia
15/AK-KBI/PN/IV/2010

ICDX Regulated

Indonesia Commodity and Derivative Exchange
037/SPKB/ICDX/Dir/VIII/2010

ICH Regulated

Identitrust Security International Clearing House
48/SPKK/ISI-FSF/IX/2012

Segregated Account

IDR Bank Central Asia

PT First State Futures
010 008 7898

USD Bank Central Asia

PT First State Futures
010 180 6501

IDR Bank Mandiri

PT First State Futures
142 008 485 8686

IDR Bank CIMB Niaga

PT First State Futures
033 011 046 9002

IDR Bank BNI

PT First State Futures
5787 8888 88

IDR Bank Sinarmas

PT First State Futures
00 22 30 5678

Company Summary

General Information & Regulation

PT. First State Futures itself is a Futures Brokerage company that has been established since 2010. PT First State Futures has obtained a business license from the Ministry of Trade of the Republic of Indonesia through the Commodity Futures Trading Supervisory Agency (BAPPEBTI), with its regulatory license number 18/BAPPEBTI/PN/3/2010. PT. First State Futures is also a member of two Futures Exchanges in Indonesia, namely PT. Jakarta Futures Exchange (JFX), and PT. Indonesia Commodity and Derivative Exchange (ICDX).

Markets Instruments

Tradable financial instruments available on the FirstState-Futures platform include commodities, Indices, currency pairs.

Minimum Deposit

The minimum initial deposit requirement is not provided, unless traders log in their trading accounts. Most brokers would ask traders to deposit at least $500 to start trading.

Leverage

The maximum trading leverage offered by FirstState-Futures is up to 1:100. Some people may hold that this leverage is a little conservative. However, inexperienced traders are not advised to use too high trading leverage.

Spreads & Commissions

In terms of spreads, commissions or trading fees, FirstState-Futures does not make this part clear. Spreads on particular instrument are not disclosed.

Trading Platform Available

In terms of trading platform available, FirstState-Futures offers both MT4 and MT5 trading platform. First State Futures MetaTrader 4 can now be downloaded on devices powered by Android OS. It features a menu of trading orders, trading history, interactive charts and a wide selection of Android mobile devices. MT5 allows you to monitor and execute transactions anywhere and anytime. Trading can be done via your computer or smartphone. You can download the trading software versions of Windows, MacOS, IOS and Android.

Customer Services

The FirstState-Futures customer support team can be reached through email and live chat. Whats more, this broker is also on some social media platfrom, including Facebook, Twitter, Instagram, etc.

User Review

User Comment 4,85 stars
12 Comments

, written on a month ago
5
There is a free trading signal facility via telegram, hahaha it's really cool. There are 3 channels as I know, correct me if I'm wrong, but the top forecaster is peramal market.

, written on a month ago
5
Every day you get news bulletin updates, twice day and night. News updates and analysis is also quite complete on its website

, written on a month ago
5
Previously I wasn't sure about this broker, but this broker does not have requotes during the hectic market, they have a fast respond for every single transaction, even though it is an regulated broker in Indonesia.

, written on a month ago
5
Spreads are reasonable for legal Indonesian regulated broker, commission charges are also very cheap for self-investors. I don’t needed to use brokerage assistance services, so just use self-investors.

, written on a month ago
5
The head office is in Surabaya Jatim, so it's good if there is a problem and needs assistance, you can go directly to the head office. And the other reason is their chat support service has fast responses.

, written on a month ago
5
The WD process is an advantage at this broker because it is fast not until all day. Moreover, it is regulated by Bappebti and KBI so it is safe for us as customers.

, written on a month ago
5
During investing in first state futures, I was helped a lot by the workers and they gave a clear analysis👍

, written on a weeks ago
5
when yesterday withdrew funds in the first state futures, the process was fast and easy, just top!

, written on a month ago
5
During this time trading in the first state futures WD fund withdrawal process. very accountable. thank you yesterday for the WD process during the pamdemi. good job.

, written on a year ago
5
The consultant is good, the trading strategy is also good,

, written on a years ago
4.8

, written on a years ago
4.5

Broker Information

Company Name

PT. FIRST STATE FUTURES

Company Abbreviation

FSF, FirstState-Futures

Phone of the company

+6231 505-5599 ext 212

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Regulatory Status

Regulated

Platform registered country and region

Indonesia

Company address

    Jl. Sulawesi No. 48 Surabaya, Jawa Timur 60246 - Indonesia

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