Abstract: Universal Futures, based in Indonesia, has been around for 2-5 years and is regulated by BAPPEBTI and JFX. They focus on Futures contracts and Options, offering three types of accounts: Standard, Professional, and Micro, with a minimum deposit of $100. Clients can use a maximum leverage of 100:1 and enjoy competitive spreads starting from 0.5 pips. The trading platform is MetaTrader 4, known for being user-friendly. Deposits and withdrawals can be made through bank transfers, credit/debit cards, and e-wallets, making managing funds easy.
Aspect | Information |
Company Name | Universal Futures |
Registered Country/Area | Indonesia |
Years | 2-5 years |
Regulation | Regulated by BAPPEBTI and JFX |
Market Instruments | Futures Contracts and Options |
Account Types | Standard Account, Professional Account, and Micro Account |
Minimum Deposit | $100 |
Maximum Leverage | 100:1 |
Spreads | Staring from 0.5 pips |
Trading Platforms | MetaTrader 4 |
Demo Account | Yes |
Customer Support | Live chat, and Email. |
Deposit & Withdrawal | Bank Transfers, Credit/Debit Cards, and E-Wallets. |
Universal Futures, based in Indonesia, has been around for 2-5 years and is regulated by BAPPEBTI and JFX.
They focus on Futures contracts and Options, offering three types of accounts: Standard, Professional, and Micro, with a minimum deposit of $100. Clients can use a maximum leverage of 100:1 and enjoy competitive spreads starting from 0.5 pips.
The trading platform is MetaTrader 4, known for being user-friendly. Deposits and withdrawals can be made through bank transfers, credit/debit cards, and e-wallets, making managing funds easy.
Universal Futures holds two licenses.
Universal Futures is currently regulated by Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan in Indonesia, specifically holding a Retail Forex License with license number 13/BAPPEBTI/SI/03/2008. This regulatory status indicates compliance with the regulations set forth by the Indonesian authorities, ensuring that Universal Futures operates within the legal framework.
Universal Futures is also regulated by the Jakarta Futures Exchange and holds a Retail Forex License with the license number SPAB -156/BBJ/09/07. The Retail Forex License indicates that Universal Futures is authorized to engage in retail forex trading activities, subject to the regulations and guidelines set forth by the relevant regulatory bodies.
Pros | Cons |
Regulatory Compliance | Limited Trading Instruments |
Different Account Options | Potential for High Leverage Risk |
Competitive Spreads | Customer Support Availability |
MetaTrader 4 Platform | Limited Geographic Presence |
Flexible Deposit and Withdrawal Methods | / |
Pros of Universal Futures:
Regulatory Compliance: Being regulated by BAPPEBTI and JFX ensures that Universal Futures operates within established regulatory frameworks, supporting clients with a sense of security and trust.
Different Account Options: Offering Standard, Professional, and Micro accounts with varying minimum deposits and leverage levels appeals to a wide range of traders with different risk tolerances and capital sizes.
Competitive Spreads: Universal Futures provides competitive spreads, starting from as low as 0.5 pips, enhancing the cost-effectiveness of trading for clients.
MetaTrader 4 Platform: The use of MetaTrader 4 as the trading platform brings a user-friendly interface, advanced charting tools, and automation capabilities, enhancing the overall trading experience.
Flexible Deposit and Withdrawal Methods: Supporting bank transfers, credit/debit cards, and e-wallets for deposits and withdrawals offers clients flexibility and convenience in managing their funds.
Cons of Universal Futures:
Limited Trading Instruments: While specializing in Futures contracts and Options, the platform may have limitations for traders interested in a broader range of financial instruments.
Potential for High Leverage Risks: While the 100:1 maximum leverage provides opportunities for amplified returns, it also exposes traders to higher risks, necessitating caution and risk management.
Customer Support Availability: Depending on the availability of live chat and email support, traders may experience delays in receiving assistance, especially during high-volume periods.
Limited Geographic Presence: Universal Futures operating primarily in Indonesia might pose limitations for traders outside this geographic region. Expanding its presence for a more global audience could be an area for improvement to attract a broader clientele.
At Universal Futures, our market instruments primarily revolve around Futures contracts and Options, each offering distinct features for different trading preferences.
Futures contracts allow investors to buy or sell an asset at a predetermined price on a specified future date. This allows for effective risk management and the ability to capitalize on market movements.
Options, on the other hand, grant traders the right, but not the obligation, to buy or sell an asset at a predetermined price within a specified timeframe. This flexibility is particularly valuable, supplying strategic alternatives for hedging or taking advantage of market fluctuations.
Universal Futures supports a range of account types to suit the needs of traders.
The Standard Account requires a minimum deposit of $500, offering a conservative approach with a maximum leverage of 2:1. For those seeking more flexibility, the
Professional Account comes with a higher minimum deposit of $2,500. Still, it allows for a substantial maximum leverage of 100:1. The Micro Account, designed for accessibility, has a minimal deposit requirement of $100 and offers a moderate maximum leverage of 20:1.
Account Type | Minimum Deposit | Maximum Leverage |
Standard | $500 | 2:01 |
Professional | $2,500 | 100:1 |
Micro | $100 | 20:01 |
Opening an account with Universal Futures is a straightforward process that can be completed online in a matter of minutes. Here's a breakdown of the steps involved:
Choose your account type: Universal Futures offers three account types, each tailored to different experience levels and trading needs.
Visit the Universal Futures website and click “Open Account.”
Fill out the online application form: The form will request your personal information, financial details, and trading experience. Be sure to have your identification documents (passport or ID card) and proof of address handy for uploading.
Fund your account: Universal Futures offers various deposit methods, including bank transfers, credit/debit cards, and e-wallets. Choose your preferred method and follow the instructions to complete the deposit.
Verify your account: Once your account is funded, you'll need to verify your identity and address. This typically involves submitting scanned copies of your ID documents and proof of address.
Start trading: Once your account is verified, you're ready to explore the Universal Futures trading platform and start making trades.
The maximum leverage of 100:1 offered by Universal Futures presents a valuable opportunity for traders seeking to optimize their capital efficiency and amplify their potential returns.
With this level of leverage, traders can control larger positions in the market with a relatively smaller amount of capital. This can enhance the profit potential, allowing traders to take advantage of market movements and capitalize on opportunities that may arise.
Universal Futures tailors its spread offerings to meet the specific needs of each account type.
For the Standard Account, traders can benefit from spreads ranging between 0.5-1 pip for some instruments and 1-3 pips for others.
The Professional Account provides even tighter spreads, varying between 0.4-0.8 pip and 1-2 pips for different instruments. For those utilizing the Micro Account, spreads are set at 1-2 pips for select instruments and 2-5 pips for others.
Account Type | Spreads | Spreads |
Standard | 0.5-1 pip | 1-3 pips |
Professional | 0.4-0.8 pip | 1-2 pips |
Micro | 1-2 pips | 2-5 pips |
Universal Futures takes pride in offering the widely acclaimed MetaTrader 4 (MT4) as the chosen trading platform.
With real-time market quotes, advanced charting tools, and a comprehensive suite of technical analysis indicators, MetaTrader 4 empowers traders to make informed decisions.
The platform supports automated trading through Expert Advisors (EAs), allowing for algorithmic trading strategies. Additionally, MT4's mobile compatibility ensures flexibility, enabling traders to stay connected and manage their portfolios on the go.
Universal Futures supports various methods for depositing and withdrawing funds, each with its own set of fees and processing times.
Bank transfers incur deposit fees ranging from $1-5, with withdrawal fees falling in the range of $10-25. Processing time for bank transfers is generally 1-5 business days.
Credit/debit card transactions come with fees between 1-3%, offering the advantage of instant or same-day processing.
E-Wallets, such as PayPal and Skrill, are also supported, with processing times typically taking 1-3 business days.
Universal Futures is dedicated to providing robust customer support through two key channels: Live chat and Email.
The live chat feature ensures real-time assistance, allowing clients to swiftly address queries, seek guidance, or resolve issues directly with our support team. This immediate and interactive option enhances the overall customer experience.
In addition, Email support offers a more formal and comprehensive avenue for communication, allowing clients to articulate detailed inquiries and receive thorough responses.
Universal Futures appears to have notable strengths, such as regulatory compliance, account options, competitive spreads, and the use of the widely recognized MetaTrader 4 platform. These factors contribute to a secure and user-friendly trading environment. However, there are identified challenges, including a somewhat limited range of trading instruments, potential risks associated with high leverage, and occasional concerns regarding customer support availability.
Traders should conduct thorough research and, if possible, engage with the platform through a demo account to assess its suitability for their specific needs.
Q: What types of accounts does Universal Futures offer?
A: Universal Futures offers three types of accounts: Standard, Professional, and Micro.
Q: What are the minimum deposits for each account type?
A: The minimum deposit for the Standard Account is $500, for the Professional Account is $2,500, and for the Micro Account is $100.
Q: What is the maximum leverage available for trading?
A: The maximum leverage varies for each account type, with the Standard Account having a maximum leverage of 2:1, the Professional Account at 100:1, and the Micro Account at 20:1.
Q: What trading instruments are available on Universal Futures?
A: Universal Futures primarily focuses on Futures contracts and Options as its market instruments.
Q: Which trading platform does Universal Futures use?
A: Universal Futures utilizes the MetaTrader 4 platform, known for its user-friendly interface and comprehensive features.
Q: What are the average spreads offered by Universal Futures?
A: The spreads vary depending on the account type and instrument, with competitive starting points such as 0.5 pips.
Q: How long does it take for deposits and withdrawals to be processed?
A: Processing times vary; bank transfers typically take 1-5 business days, credit/debit card transactions are instant or same-day, and e-wallets may take 1-3 business days.