Inter Pan

Overview of Inter Pan

Inter Pan is a trading company headquartered in Indonesia. Founded in 1989, the company offers a wide range of tradable assets, including Forex, Index, Commodity, and Multilateral instruments. Traders can choose from different account types, such as Live Account and Demo Account, providing flexibility for their trading needs. The company is regulated by BAPPEBTI, ensuring compliance with relevant regulations and providing a level of protection for traders.

Inter Pan provides access to popular trading platforms MT4 and MT5, which are user-friendly and offer a range of features for analysis and customization. Traders can benefit from free training resources on fundamental and technical analysis, as well as risk management, to enhance their trading skills and knowledge. The company offers customer support through various channels, including telephone, email, online chat, and social media.

Is Inter Pan Legit？

Yes, Inter Pan is regulated by the Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) in Indonesia. Its current status is regulated, and it holds the license number 427/BAPPEBTI/SI/VII/2004. Additionally, Inter Pan is also a member of the Indonesia Commodity and Derivatives Exchange (ICDX), with the license number 042/SPKB/ICDX/Dir/IX/2010. These regulatory bodies oversee and supervise the operations of Inter Pan to ensure compliance with relevant regulations and provide a level of protection for traders.

Pros and Cons

Inter Pan is a trading provider that offers both advantages and disadvantages for traders to consider. It is important to evaluate these factors based on individual preferences and requirements.

Trading Instruments

Inter Pan offers a diverse range of market instruments to cater to the trading needs of its clients. These instruments can be categorized into two main types: multilateral and bilateral.

In the multilateral market, Inter Pan provides access to the Jakarta Futures Exchange (JFX) and the Indonesia Commodity and Derivatives Exchange (ICDX).

JFX offers a variety of futures contracts, including:

- Gold Index Futures Contracts

- Arabica Coffee Contract

- Robusta Coffee Contract

- Cocoa Futures Contract

- Contracts for different sizes of gold, such as 5 grams, 10 grams, 25 grams, 50 grams, and 100 grams

- Futures contracts for 1 kilogram and 250 grams of gold

- Gold Scroll Contracts and Gold Index Scroll Contracts

ICDX offers a range of commodities and derivatives, including:

- Gold

- Palm Oil

- Foreign Exchange (Forex)

- Palm

- OTC (Over-the-Counter)

- Tin

- Crude Oil

In the bilateral market, Inter Pan offers Forex Index Commodity trading. This involves the exchange or trading of currencies and stock indexes.

For Forex trading, Inter Pan enables trading in various currencies, including:

- United States Dollar (USD)

- Euro (EUR)

- Great British Pound Sterling (GBP)

- Australian Dollars (AUD)

- Confederatio Helvetica Franc (CHF)

- Japanese Yen (JPY)

- Canadian Dollar (CAD)

- New Zealand Dollars (NZD)

Inter Pan also provides trading in stock indexes, such as KOSPI and DAX.

In addition to futures contracts, commodities, and Forex, Inter Pan facilitates trading in gold (XAU) and crude oil contracts based on the NYMEX market.

These market instruments allow traders to diversify their portfolios and take advantage of market movements. Inter Pan provides an online platform for convenient access to these instruments, enabling traders to execute their transactions efficiently.

Here is a comparison table of trading instruments offered by different brokers:

Account Types

Inter Pan offers different types of trading accounts to cater to the needs of its clients. One of the account types is the Live Account, which allows traders to engage in Forex&Gold, Index, and Commodity trading. With a Live Account, traders can access the real market and trade with real funds. This account type provides an opportunity for clients to participate in various financial markets, including foreign exchange, gold, and commodity markets. However, the deposit for opening a live account is not mentioned. It is recommended to inquire with customer support online.

In addition to Live Accounts, Inter Pan also offers Demo Accounts. Demo Accounts are designed for traders who want to practice their trading strategies or explore the trading platform without risking real money. With a Demo Account, traders can use virtual funds to simulate trading in real market conditions. It provides a risk-free environment for traders to gain experience, test strategies, and familiarize themselves with the trading platform before transitioning to Live Accounts.

How to Open an Account？

1. Visit Inter Pan website. Look for the “OPEN ACCOUNT LIVE” button on the homepage and click on it.

2. Select the account type and fill in detailed information on websites registration page.

3. Receive your personal account login from an automated email

4. Log in

5. Proceed to deposit funds to your account

6. Download the platform and start trading

Leverage

Forex trading typically offers leverage ratios of up to 100:1. This means that traders can control a position worth $500,000 with a capital of just $5,000. The use of leverage allows traders to potentially increase their profits as any gains they make are multiplied by the value of the contract, rather than the initial capital invested.

It is important to note that while leverage can enhance potential profits, it also increases the level of risk. Traders should exercise caution and have a good understanding of the risks involved before utilizing leverage in their trades. Proper risk management and a thorough understanding of leverage are essential for successful trading in the Forex market.

Spreads and Commissions (Trading Fees)

Inter Pan claims to have a very low spread due to the direct sourcing of product prices from global financial markets. Inter Pan offers two spread options for commodities and currencies. Traders who prefer high-speed transactions can benefit from spreads starting from 0 pips. For those who prioritize profit calculation, the fixed spread option is available.

In terms of commissions, the official website of Inter Pan provides limited information about it.

Non-Trading Fees

Inter Pan does not charge maintenance fees or distribution fees to its clients. However, traders should be aware that there may be other non-trading fees associated with their accounts, such as withdrawal fees, deposit fees, inactivity fees, or account closure fees. It is important for traders to review the terms and conditions provided by Inter Pan to understand the specific non-trading fees that may apply to their trading activities. By familiarizing themselves with the fee structure, traders can make informed decisions and manage their trading costs effectively.

Deposit & Withdraw Methods

Inter Pan offers multiple deposit and withdrawal methods for their clients. They provide a segregated account option for secure transactions. The available methods include:

1. BCA (Bank Central Asia): Clients can deposit and withdraw in Indonesian Rupiah (IDR) using BCA accounts. The account number provided is 035-311-6263. There is also an option for USD transactions with the account number 035-309-5096.

2. CIMB Niaga: Another option for IDR transactions is through CIMB Niaga, with the account number 001-01-89365-005.

3. XBNI (BNI Persero): PT. BNI (Persero), Tbk offers an IDR account option with the account number 3-8888-3333-8.

4. Manduri: PT. Bank Mandiri, Tbk facilitates IDR transactions with the account number 122-000-696-8450.

5. AeI (Artha Graha Internasional): Bank Artha Graha Internasional provides an IDR account option with the account number 108-0530-320.

These methods allow clients to conveniently deposit and withdraw funds from their Inter Pan accounts using various banks and currencies.

Trading Platforms

Inter Pan offers two trading platforms, MT4 (MetaTrader 4) and MT5 (MetaTrader 5). MT4 is available for personal computers running Windows and smartphones/tablets including iPhone and Android devices. MT5, on the other hand, can be accessed on personal computers running both Windows and Mac OS, as well as smartphones and tablets (iPhone and Android).

Metatrader is a widely used software application by traders worldwide. It allows traders to access online futures brokerage systems and provides them with tools and features for analysis. Metatrader is a popular choice among brokers, including Inter Pan, due to its user-friendly interface and versatility.

One of the advantages of using Metatrader is the ability to customize the platform with custom scripts such as custom indicators and expert advisors (robots) tailored to individual trading strategies. This flexibility allows traders to enhance their trading experience and implement their preferred trading methods.

Overall, Inter Pan provides traders with the option to choose between MT4 and MT5, offering them the convenience of trading on various devices and access to a range of features and customization options to suit their trading needs.

Here is a comparison table of trading platforms offered by different brokers:

Customer Service

Inter Pan customer support can be reached through various channels, including telephone at 0804 1123 123 / (021) 8067 9362, email at support@interpan.co.id, and online chat available on their website. Additionally, Inter Pan maintains an active presence on social media platforms such as Facebook, Instagram, Line, and Whatsapp, where traders can connect with their support team for assistance and inquiries. These multiple communication channels ensure that traders have convenient options to reach out to Inter Pan's customer support for any queries or assistance they may require.

Educational Resources and Community Support

Inter Pan offers free training and education resources to enhance traders' transaction skills and provide comprehensive knowledge about the futures market. They provide fundamental training covering topics like the introduction to fundamentals, the nature of news, and economic fundamental data. Additionally, they offer technical analysis training, including basic and complex indicators, as well as channels. Risk management is also emphasized, with a focus on understanding risk factors and minimizing risks. These educational resources reflect Inter Pan's commitment to supporting traders and equipping them with the necessary tools and knowledge to navigate the futures market effectively.

Conclusion

In conclusion, Inter Pan offers several advantages for traders, including regulatory compliance, diverse tradable assets, different account types, popular trading platforms, and free educational resources. However, there are also some disadvantages to consider, such as limited information on fees, the lack of bonus offerings, and the absence of specified minimum deposit requirements. Traders should carefully evaluate these factors based on their individual preferences and requirements before choosing Inter Pan as their trading provider.

FAQs

Q: Is Inter Pan a regulated trading company？

A: Yes, Inter Pan is regulated by the Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) in Indonesia. Additionally, Inter Pan is also a member of the Indonesia Commodity and Derivatives Exchange (ICDX).

Q: What tradable assets does Inter Pan offer？

A: Inter Pan offers a diverse range of tradable assets, including Forex, Index, Commodity, and Multilateral instruments. This allows traders to diversify their portfolios and take advantage of market movements in various markets.

Q: What trading platforms does Inter Pan offer？

A: Inter Pan provides access to the popular trading platforms MT4 (MetaTrader 4) and MT5 (MetaTrader 5). These platforms are user-friendly and offer a range of features for analysis and customization.

Q: Does Inter Pan provide educational resources for traders？

A: Yes, Inter Pan offers free training facilities and resources on fundamental and technical analysis, as well as risk management. These educational materials aim to enhance traders' skills and knowledge in the futures market.

Q: What deposit and withdrawal methods are available with Inter Pan？

A: Inter Pan offers multiple deposit and withdrawal methods, including BCA, CIMB Niaga, XBNI, Manduri, and AeI. These methods allow clients to conveniently deposit and withdraw funds using various banks and currencies.