Score

1.51 /10
Danger

INTER PAN

Indonesia

5-10 years

Suspicious Regulatory License

High potential risk

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Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index7.03

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The IndonesiaBAPPEBTI regulation (license number: 427/BAPPEBTI/SI/VII/2004) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

INTER PAN · Company summary

General Information & Regulation

Inter Pan is one of the largest brokerage firms in Indonesia, established in 1989, dedicated to providing quality and efficient financial trading services and teaching resources to its clients. Inter Pan currently holds a retail foreign exchange license (license number: 427/BAPPEBTI/SI/VII/2004) from the Indonesian Commodity Futures Trading Regulatory Agency (BAPPPEBTI).

Market Instruments

Inter Pan offers investors a limited range of financial instruments, including five currency pairs ( USD/JPY, USD/CHF, EUR/USD, GBP/USD, AUD/USD), commodities, and indices.

Minimum Deposit

Inter Pan offers one standard account only, and the minimum deposit requirement is not fully disclosed.

Inter Pan Leverage

In terms of trading leverage, the maximum leverage level for forex trading is up to 1:100. Professional traders may think this leverage level is a little conservative. However, traders with unskilled trading accounts are not advised to use high trading leverage.

Spreads & Commissions

After testing a demo account, we learned that the fixed spread on EURUSD pair on the Inter Pan platform is 3 pips, much higher than the industry standard. Most brokers offer spreads between 1.1 and 1.5 pips on the EURUSD, and high spreads mean high trading costs.

Trading Platforms

Inter Pan offers traders the market-leading and widely acclaimed MT4 trading platform, the industry-leading trading platform chosen by 80% of traders worldwide. MT4 has powerful charting tools, a large number of custom market indicators, supporting for EA's, and automated trading to help investors get ahead in the financial markets.

Inter Pan Pros & Cons

Inter Pan Advantages Include:

1. MT4 trading platform

Inter Pan Disadvantages Include:

1. Fewer assets traded

2. One type of trading account only

3. High spreads

4. Unclear information about accounts & leverage

5. No deposits & withdrawals methods provided

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eezhou
more than one year
Almost defrauded by this hateful Indonesian broker. They calling me again and again sincerely asked me to make investment. But after I checked out its regulatory documents, I realize that they want to drag me into their trap.
Almost defrauded by this hateful Indonesian broker. They calling me again and again sincerely asked me to make investment. But after I checked out its regulatory documents, I realize that they want to drag me into their trap.
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2023-03-13 13:42
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