Score

1.54 /10
Danger

Asia Trade Point Futures

Indonesia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Indonesia Retail Forex License Revoked

High potential risk

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Business Index7.25

Risk Management Index0.00

Software Index4.00

License Index0.00

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • IndonesiaBAPPEBTI (license number: 873/BAPPEBTI/SI/1/2006) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

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Asia Trade Point Futures · Company summary

Note: Asia Trade Point Futuress official site - https://asiatradefx.com is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Asia Trade Point Futures Review Summary
Company Name Asia Trade Point Futures
Registered Country Indonesia
Regulation BAPPEBTI (Revoked)
Market Instruments forex, commodities, and index futures
Spread 1.0 pips
Leverage N/A
Trading Platforms ATPF TRADER 4, jafets-Colt platform, J-Trader
Minimum Deposit Rp 10 million, about $700
Customer Support 24/5 Tel: +62 215277707, Email: online@asiatradefx.com, Live Chat; Social Media: Facebook, Instagram, Twitter
Company Address Jakarta, Jakarta Raya, Indonesia

What is Asia Trade Point Futures?

AsiaTrade Point Futuresis a Jakarta-based financial brokerage firm founded in 2004, offering foreign exchange, commodities, and index futures products to investors, and is a member of the Jakarta Futures Exchange (JFX), the Indonesia Commodity and Derivatives Exchange, and the Indonesia Clearing House.

Asia Trade Point Futures

Pros & Cons

Pros Cons
  • Multiple Customer Support Channels
  • Revoked BAPPEBTI License
  • Multiple Markets Instruments
  • Official Website Unavailable

Pros

  • Multiple Customer Support Channels: AsiaTrade Point Futures provides several channels for customer support including telephone, email, and social media. This could make it easier for clients to reach out with their queries or concerns.

  • Multiple Markets Instruments: Asia Trade Point Futures provides a wide range of instruments, such as forex, commodities, and index futures.

Cons

  • Revoked BAPPEBTI License: Asia Trade Point Futures currently only holds a revoked BAPPEBTI license, which increases risks for clients.

  • Official Website Unavailable: Asia Trade Point Futures's official website is currently unavailable which is unable to provide any further information.

Is Asia Trade Point Futures Legit or a Scam?

  • Regulatory Sight: Asia Trade Point Futures currently holds a revoked retail forex license from Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI, No. 873/BAPPEBTI/SI/1/2006).

Revoked BAPPEBTI license
  • User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

  • Security Measures: So far we haven't found any information about the security measures for this broker.

Markets Instruments

Asia Trade Point Futures provides a diverse range of financial products and services to cater to the needs of traders and investors. With a focus on forex, commodities, and index futures, the company offers opportunities for individuals and institutions to participate in various markets.

Spreads

Asia Trade Point Futures claims to offer spreads as low as 1.0 pips on EUR/USD and USD/JPY, which is lower than the industry standard 1.5 pips.

Trading Platform

Asia Trade Point Futures offers traders the ATPF TRADER 4, with desktop and mobile versions, as well as the jafets-Colt platform used by the Jakarta Futures Exchange and the J-Trader platform used by the Indonesian Derivatives and Commodities Exchange, rather than the MT4/MT5 trading platforms that are currently super popular.

Deposit & Withdrawal

Traders can deposit and withdraw funds from their accounts through any local Indonesian bank. For traders who have a “Client Area”, they can do so by selecting “Withdrawal” in the Client Area. For those who do not have a Client Area, they can do so by sending a withdrawal slip to the company by sending a flyer.

Customer Support

Asia Trade Point Futures offers comprehensive customer support to its clients. This includes being available 24 hours a day, 5 days a week. Clients can reach out to Asia Trade Point Futures through various channels.

  • Telephone: Clients can call their number +62 215277707 for any queries.

  • Email: The firm offers assistance through email atonline@asiatradefx.com.

  • Live Chat: Live chat is available for clients who prefer a quick and instant response.

  • Social Media: Asia Trade Point Futures also maintains a strong presence on Social Media.

Twitter: https://twitter.com/AsiaTradeFX

Facebook: https://www.facebook.com/asiatradefx/

Instagram: https://www.instagram.com/official.asiatradefx/

The company also provides its physical address, Jakarta, Jakarta Raya, Indonesia.

Conclusion

Asia Trade Point Futures Ltd is an unregulated broker posing a considerable risk for potential clients. While the firm offers a wide range of products and multiple customer support channels, its lack of valid regulation and function of its official website make due diligence imperative before investing.

Frequently Asked Questions (FAQs)

Question: What is the spread offered by Asia Trade Point Futures?

Answer: Asia Trade Point Futures offers a spread of 1.0 pips.

Question: Is Asia Trade Point Futures a well regulated broker?

Answer: No, their BAPPEBTI license is revoked.

Question: How much is the minimum deposit of Asia Trade Point Futures?

Answer: It requires a minimum deposit of Rp 10 million, about $700.

Question: What is the trading Platform offered by Asia Trade Point Futures?

Answer: ATPF TRADER 4, jafets-Colt platform, and J-Trader.

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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FX1222694463
more than one year
I haven't got the full impression yet. There is nothing special about its services. Standard terminal, and standard conditions. Regarding their educational resources, I have a positive opinion - any information about the market can be useful at certain stages.
I haven't got the full impression yet. There is nothing special about its services. Standard terminal, and standard conditions. Regarding their educational resources, I have a positive opinion - any information about the market can be useful at certain stages.
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2023-02-17 18:00
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1998
more than one year
This broker is nothing but a liar and a thief. Start with their customer support, keeping asking you to put your money here… secondly, no contents on its official website…just stay away…
This broker is nothing but a liar and a thief. Start with their customer support, keeping asking you to put your money here… secondly, no contents on its official website…just stay away…
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2023-02-15 13:35
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