Score
Indonesia
|
5-10 years
| https://www.cfforex.com/
Website
Rating Index
MT4/5
White Label
CyberFutures-Demo
Influence
C
Influence index NO.1
Indonesia 2.90
MT4/5 Identification
White Label
IndonesiaInfluence
C
Influence index NO.1
Indonesia 2.90
Licenses
Single Core
1G
40G
1M*ADSL
Indonesia
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
cfforex.com Indonesia| CFForex Summary | |
| Founded | 2003 |
| Registered Country/Region | Indonesia |
| Regulation | BAPPEBTI |
| Market Instruments | Forex, gold, index, futures |
| Account Type | / |
| Demo Account | ✔ |
| Leverage | / |
| Spread | / |
| Deposit & Withdrawal | / |
| Trading Platform | MT4 platform |
| Minimum Deposit | / |
| Customer Support | Phone: (62) 21 522 1979Phone: +62 817-172-022 |
| Email: support@cfforex.com | |
CFForex was established in 2003 and is registered in Indonesia, under the strict regulation of the local authoritative regulatory authority, BAPPEBTI. This platform offers market trading instruments, including forex, gold, indices, and futures.
| Pros | Cons |
| MT4 platform available | Cryptos trading not avaliable |
| Regulated by BAPPEBTI | Deposit and Withdrawal not mentioned |
CFForex is regulated by the Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI), which is affiliated with the Ministry of Trade of Indonesia. It holds a Retail Forex License (license number: 439/BAPPEBTI/SI/VIII/ ). BAPPEBTI is responsible for overseeing the futures, forex, and commodity trading markets in Indonesia.
CFForex offers a wide variety of trading products across multiple fields such as precious metals, foreign exchange, and stock indices. In the precious metals category, there is gold traded in the form of XAU - USD. For foreign exchange, it includes regular forex trading as well as forex cross - rate trading. As for stock indices, the Hang Seng Index is available for trading. Additionally, there is the OLEIN product, and the Emas Fisik series which consists of different types of products, namely GOL, GOL100, and GOL250.
| Tradable Instruments | Supported |
| Precious Metals | ✔ |
| Foreign Exchange | ✔ |
| Stock Indices | ✔ |
| Stocks | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
This part of the information is not presented on the official website of CFForex.
This part of the information is not presented on the official website of CFForex.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, Mobile | Proficient |
| MT5 | ❌ |
This part of the information is not presented on the official website of CFForex.
The key advantages for me are that CFForex is regulated by well-established authorities like BAPPEBTI, JFX, and ICDX. This provides some level of security. Also, CFForex offers the MT4 platform, which I’m familiar with and enjoy using. They also provide a wide variety of trading instruments, including forex, gold, and stock indices.
CFForex is regulated by BAPPEBTI, JFX, and ICDX, which offers a sense of security for me. These regulatory bodies ensure that CFForex adheres to local trading regulations. As a trader, I feel more comfortable knowing that the broker is overseen by these authorities, which can protect my funds and ensure fair practices.
CFForex offers forex pairs, gold, stock indices, and futures, which I find appealing. I especially appreciate the variety of forex pairs and gold, as those are markets I’m actively interested in. However, they don’t offer stocks, ETFs, or bonds, so if I’m looking for those, I would need to consider other platforms.
Yes, CFForex offers a demo account, which I find very useful. Demo accounts are important for me to practice trading without risk and get familiar with the platform. I would definitely open a demo account first to test everything out before diving into live trading.
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