Phillip Futures-Overview of Minimum Deposit, Spreads & Leverage
Extrait：Phillip Futures, regulated in Indonesia by ICDX and BAPPEBTI, is an online trading platform that provides access to Gold & Forex, US Stocks, Stock Indices, and Commodities via platforms like Nova 2.0, MetaTrader 5, and JAFeTS NOW. With a demo account option, they provide both individual and corporate accounts with a high minimum deposit of $500.
| Phillip Futures Review Summary | |
| Founded | 1975 |
| Registered Country/Region | Indonesia |
| Regulation | ICDX, BAPPEBTI |
| Market Instruments | Gold & Forex, US Stocks, Stock Indices, and Commodities |
| Demo Account | ✅ |
| Trading Platform | Nova 2.0, MetaTrader 5, and JAFeTS NOW |
| Minimum Deposit | USD 500 or equivalent |
| Customer Support | Tel: (021) 5790 6525 |
| Email: futures@phillip.co.id | |
Phillip Futures Information
Phillip Futures, regulated in Indonesia by ICDX and BAPPEBTI, is an online trading platform that provides access to Gold & Forex, US Stocks, Stock Indices, and Commodities via platforms like Nova 2.0, MetaTrader 5, and JAFeTS NOW. With demo accountS option, they provide both individual and corporate accounts with a high minimum deposit of $500.
Pros and Cons
| Pros | Cons |
|
|
|
|
| |
| |
| |
|
Is Phillip Futures Legit?
Phillip Futures has a Retail Forex License regulated by the Indonesia Commodity and Derivatives Exchange (ICDX) in Indonesia.
It also has another Retail Forex License regulated by BAPPEBTI in Indonesia with a license number of 69/BAPPEBTI/SI/9/2010.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Indonesia Commodity and Derivatives Exchange (ICDX) | Regulated | Indonesia | Retail Forex License | Unreleased |
| Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) | Regulated | Indonesia | Retail Forex License | 69/BAPPEBTI/SI/9/2010 |
What Can I Trade on Phillip Futures?
Phillip Futures offers trading in Gold & Forex, US Stocks (Apple, Tesla, Nike), Stock Indices (Micro E-mini US, FTSE Indonesia, FTSE China A50), and Commodities (Micro WTI Crude Oil, E-micro Gold, Soft).
| Tradable Instruments | Supported |
| Gold | ✔ |
| Forex | ✔ |
| US Stocks | ✔ |
| Stock Indices | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Phillip Futures offers two main account types: individual and corporate. A demo account option is also available.
| Account Type | Minimum Deposit | Documents Required |
| Individual | USD 500 or equivalent | ID Card (KTP) / Passport, Recent Photograph, NPWP (Tax ID), Last 3 months bank/credit card/utility/phone bill/saving book (relevant part)/employment letter/income statement |
| Corporate | USD 25,000 or equivalent | Latest Audited Financial Statements, Certificate of Incorporation/Registration, Memorandum and Articles of Association, Board Resolution or Power of Attorney, List of Authorized Signatories and List of Authorized Traders, Photocopies of ID/Passport of All Directors, Authorized Signatories & Shareholders |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Nova 2.0 | ✔ | PC, IOS and Android | / |
| MetaTrader 5 | ✔ | PC, IOS and Android | Experienced traders |
| JAFeTS NOW | ✔ | PC, IOS and Android | / |
| MetaTrader 4 | ❌ | / | Beginners |
Courtiers WikiFX
GTCFX
IronFX
FXCM
EC Markets
IC Markets Global
KVB
GTCFX
IronFX
FXCM
EC Markets
IC Markets Global
KVB
Courtiers WikiFX
GTCFX
IronFX
FXCM
EC Markets
IC Markets Global
KVB
GTCFX
IronFX
FXCM
EC Markets
IC Markets Global
KVB
Calcul du taux de change
