Score

5.26 /10
Average

SFI

Indonesia

1-2 years

Regulated in Indonesia

Retail Forex License

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Regulatory Index4.94

Business Index4.12

Risk Management Index9.17

Software Index4.44

License Index4.94

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SFI · Company summary

Straits Futures Review Summary
Founded2022
Registered Country/RegionIndonesia
RegulationBAPPEBTI
Market InstrumentsListed Derivatives, OTC Derivatives, Foreign Exchange, Structured Products, Physical Commodities
Demo AccountAvailable
Trading PlatformsStraits Quick Trade and CQG Desktop
Customer SupportTel:+6221 5010 3599; +62 21 5050 8877
Email: cs@straitsfutures.id
Live Chat: 7/24 Automated Service

Straits Futures' Information

Straits Futures, a company regulated by BAPPEBTI, offers a comprehensive range of trading products and services, including listed and OTC derivatives, foreign exchange, structured products, and physical commodities. Its services span trade execution, clearing and custody, OTC broking, commercial hedging, trading technology, and managed futures.

Straits Futures homepage

Pros & Cons

ProsCons
RegulatedLimited Information
Educational Resources AvailableLack of Multiple Account Types
Various Trading Products

Pros:

Regulated: Straits Futures operates under the supervision of BAPPEBTI (Indonesia's Commodity Futures Trading Regulatory Agency), adhering to the most stringent regulatory standards while safeguarding investor interests.

Educational Resources Available: Straits Futures offers a variety of educational materials, including Market Insights, Regulatory Updates and Video Tutorials.

Extensive Instruments: Straits Futures offers a wide range of trading instruments, including Listed Derivatives, OTC Derivatives, Foreign Exchange, Structured Products and Physical Commodities.

Cons:

Limited Information: Straits Futures' limited disclosure of trading commissions, leverage rates, and spreads creates inconvenience for users seeking clarity on potential costs and effective margin trading strategies.

Lack of Multiple Account Types: Straits Futures does not offer multiple account types, limiting options for users with different trading needs and preferences.

Is Straits Futures Legit?

Straits Futures is a regulated entity, holding a Retail Forex License from BAPPEBTI (Indonesia's Commodity Futures Trading Regulatory Agency),with a License No.:43/BAPPEBTI/09/2015. In addition, it is a Futures Broker Member of the Jakarta Futures Exchange (JFX) and a Broker Clearing Member of the Indonesia Derivatives Clearing House (KBI). This ensures compliance with regulatory standards, enhancing its credibility and safety for users.

Regulated by BAPPEBTI

Market Instruments

  1. Listed Derivatives: Straits Futures provides clients with connectivity and infrastructure to a suite of exchange traded products. Straits Futures is also a clearing member of all 4 exchanges under CME Group - CME, CBOT, NYMEX and COMEX and also a member of the Dubai Mercantile Exchange.
  2. OTC Derivatives: Straits Futures provide clients access to various OTC derivatives available on exchanges, such as soybeans, iron ore, and crude soybean oil.
  3. Foreign Exchange: Straits Futures provide a range of foreign exchange products including Spot and Forward FX (AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RUB, SEK, SGD, TRY, USD, ZAR), Non-Deliverable Forwards (CNY, IDR, INR, KRW, PHP, THB, TWD, MYR), Precious Metals (XAU, XAG, XPT, XPD), Commodity CFDs (Brent Crude, Crude Oil, Natural Gas), and Index CFDs (Major Market Indices).
  4. Structured Products: Straits Futures empowers clients with bespoke offerings by manufacturing and distributing Structured Products globally in Equities, Credit, Foreign Exchange, Commodities, and Funds. Their Hedging Solutions Offering includes tailored OTC products for commodity-based consumers and producers, allowing customized risk management.
  5. Physical Commodities: Users can trade physical commodities through Asia's Foremost Commodity Marketplace in Straits Futures. Experience secure and efficient transactions in physical commodities and commodity repos through their centrally cleared platform.

Trading Platforms

Straits Quick Trade: Straits Futures supports the Straits Quick Trade platform, allowing users to trade and arbitrage across various markets and products with ease. It supports global exchange products, displays real-time data, supports various order types, and can create arbitrage strategies. Available on desktop, browser, and mobile apps for both Android and iOS.

CQG Desktop: CQG Desktop, another offering, provides a suite of industry-leading platforms like CQG QTrader and CQG Mobile. It features real-time data, advanced charting, numerous order types, and integration with Excel.

Straits Quick Trade
CQG Desktop

Research & Education

Market Insights: Straits Futures offers daily updates with comprehensive analysis, market news, and expert commentary to keep clients informed about the latest market trends.

Regulatory Updates: Straits Futures provides clients with timely updates on regulatory changes and compliance requirements.

Video Tutorials: A broad collection of video tutorials is available, covering essential topics such as trading strategies, technical analysis, and market news.

Regulations
Insight

Customer Support

Straits Futures offers comprehensive customer support to its clients.

  • Telephone: For any inquiries, clients can dial +6221 50103599 or +62 21 5050 8877 and get assistance promptly.
  • Email: Straits Futures also offers email support atcs@straitsfutures.id.
  • Live Chat: For those seeking an immediate response, Straits Futures provides a live chat service available 24 hours a day, 7 days a week.
  • Address: PT Straits Futures Indonesia Gold Coast Office, Eiffel Tower, Level 1 Unit C Jalan Pantai Indah Kapuk Jakarta 14470, Indonesia.

    In addition, Straits Futures has set up office locations in three countries (Singapore, United States, China).

Contact Info
Contact info

Conclusion

In short, Straits Futures stands as a comprehensive financial services provider, offering an array of trading products. It is regulated by BAPPEBTI and provides diverse educational resources, making it a easy-to-use platform. However, there is no mention of the cost information. For more detailed information, you can consult through phone, email or website.

Q&A

Is Straits Futures suitable for beginners?

Yes, Straits Futures isgoverned by BAPPEBTI and provides various educational resources and guidance for beginners to trade.

What trading instruments are available at Straits Futures?

It provides Listed Derivatives, OTC Derivatives, Foreign Exchange, Structured Products and Physical Commodities.

What trading platforms does Straits Futures support?

It support Straits Quick Trade and CQG Desktop.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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