Phillip Futures-Overview of Minimum Deposit, Spreads & Leverage

Phillip Futures Information

Phillip Futures, regulated in Indonesia by ICDX and BAPPEBTI, is an online trading platform that provides access to Gold & Forex, US Stocks, Stock Indices, and Commodities via platforms like Nova 2.0, MetaTrader 5, and JAFeTS NOW. With demo accountS option, they provide both individual and corporate accounts with a high minimum deposit of $500.

Pros and Cons

Is Phillip Futures Legit?

Phillip Futures has a Retail Forex License regulated by the Indonesia Commodity and Derivatives Exchange (ICDX) in Indonesia.

It also has another Retail Forex License regulated by BAPPEBTI in Indonesia with a license number of 69/BAPPEBTI/SI/9/2010.

What Can I Trade on Phillip Futures?

Phillip Futures offers trading in Gold & Forex, US Stocks (Apple, Tesla, Nike), Stock Indices (Micro E-mini US, FTSE Indonesia, FTSE China A50), and Commodities (Micro WTI Crude Oil, E-micro Gold, Soft).

Account Type

Phillip Futures offers two main account types: individual and corporate. A demo account option is also available.

Trading Platform