Extracto:Based in Indonesia, RFX GARUDA BERJANGKA is ECN/ STP type of broker. It claims to offer forex trading via MT4. Both live accounts (minimum deposit $100) and demo accounts are provided. However, their license is regarded as fake clone and its website is not accessible.
Note: TRFX GARUDA BERJANGKA's official website: https://garudaberjangka.com/ is currently inaccessible normally.
Based in Indonesia, RFX GARUDA BERJANGKA is ECN/ STP type of broker. It claims to offer forex trading via MT4. Both live accounts (minimum deposit $100) and demo accounts are provided. However, their license is regarded as fake clone and its website is not accessible.
Pros | Cons |
MT4 provided | Inaccessible website |
Acceptable minimum deposit | Suspected fake clone license of BAPPEBTI |
Various types of accounts provided | Limited contact channels |
High spreads |
TRFX GARUDA BERJANGKA claims it is regulated by Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI). But now, the license has been regarded as fake clone one. Besides, its official website is not available. These can doubt the credibility of itself.
Regulatory Status | Suspicious clone |
Regulated by | Indonesia |
Licensed Institution | PT. LABA FOREXINDO BERJANGKA D/H PT. TRFX GARUDA BERJANGKA D/H GARUDA BERJANGKA PT. D/H ASIA PACIFIC FUTURES |
Licensed Type | Retail Forex License |
Licensed Number | 661/BAPPEBTI/SI/IV/2005 |
TRFX GARUDA BERJANGKA offers two live accounts --- Mini account for small traders and VIP Account for big traders. Besides, there are also demo accounts for training, and there are Swap Free, Segregated and Managed Accounts.
TRFX GARUDA BERJANGKA requires minimum deposit of $100, the maximum leverage of 1:500 and the spreads from 1.0 pips, which are higher than regular brokers.
In TRFX GARUDA BERJANGKA, the MetaTrader 4 platform is utilized. It also offers functions such as hedging, scalping, and web/mobile trading, along with news trading. Additionally, support for clients in Indonesia is provided.
TRFX GARUDA BERJANGKA accepts several currencies, including USD, EUR, and GBP. For transactions, clients can use payment methods such as Visa, Mastercard, bank wire transfer, Neteller, Skrill, and UnionPay for deposits and withdrawals.
TRFX GARUDA BERJANGKA only supports phone channel to contact.
Contact Options | Details |
Phone | +62 21-50217217 |
❌ | |
Support Ticket System | ❌ |
Online Chat | ❌ |
Social Media | ❌ |
Supported Language | ❌ |
Website Language | ❌ |
Physical Address | SOHO CAPITAL Office Building Lantai 16 Unit ( 1607 – 1609 ) Jl.Letjen S Parman Kav 28 Grogol, Petamburan, jakarta Barat Indonesia 11470 |
In conclusion, RFX GARUDA BERJANGKA is the broker with higher risks. Although it offers MT4, many accounts like other regular brokers, its license is suspected as fake clone and their official can not be accessible. Therefore, you can choose other brokers who regulated well.
Is TRFX GARUDA BERJANGKA safe?
No, because of its fake clone license and unavailable website.
Is TRFX GARUDA BERJANGKA a good for beginners?
No. Beginners can find another broker who are regulated well and more transparently.
What security measures does TRFX GARUDA BERJANGKA have in place to protect my funds and personal information?
No.