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FirstState-Futures Company, officially known as PT. First State Futures, was founded on October 27, 2009. It began its operations in Indonesia, providing a platform for trading various financial instruments, including commodities, currencies, and stocks. The firm has established itself as a reputable brokerage in the financial services industry, particularly in the Southeast Asian market.
FirstState-Futures operates as an independent entity and is structured as a for-profit organization. It is not a subsidiary of a larger parent company, allowing it to maintain autonomy in its operations and strategic decisions.
The company is headquartered in Surabaya, Jawa Timur, Indonesia, specifically at Jl. Sulawesi No. 48, Surabaya, 60246. This central location enables the company to serve clients across the Asia-Pacific region effectively.
FirstState-Futures primarily serves clients within Indonesia and the broader Southeast Asian region. However, it has aspirations to expand its services globally, catering to a diverse clientele interested in trading various financial instruments.
FirstState-Futures is regulated by several key bodies in Indonesia, including:
Since its inception, FirstState-Futures has achieved several significant milestones:
The company has consistently focused on expanding its product offerings and improving its trading platforms. Over the years, FirstState-Futures has diversified its services to include forex, commodities, and CFD trading, catering to the evolving needs of its clients.
FirstState-Futures has witnessed steady growth in its customer base, attributed to its user-friendly trading platforms and a variety of financial instruments. The company has successfully attracted both novice and experienced traders, enhancing its market presence.
The introduction of MetaTrader 4 and 5 marked a significant advancement in the companys trading capabilities. These platforms support various devices, allowing traders to access their accounts and execute trades seamlessly.
While specific awards or recognitions were not detailed in the available information, FirstState-Futures has been recognized for its regulatory compliance and commitment to providing a secure trading environment.
FirstState-Futures offers a wide range of forex trading options, including a substantial number of currency pairs. The precise number of currency pairs available is not specified, but the platform supports major, minor, and exotic pairs, catering to diverse trading strategies.
The company provides access to stock trading, allowing clients to invest in various equities. This service is designed to meet the needs of investors looking to diversify their portfolios.
FirstState-Futures also offers Contract for Difference (CFD) trading, enabling clients to speculate on price movements of various financial instruments without owning the underlying assets.
In addition to forex and stocks, FirstState-Futures provides trading in commodities such as gold, tin, palm oil, cacao, and coffee. The platform may also support trading in cryptocurrencies, although specific details were not provided.
One of the unique advantages of FirstState-Futures is its commitment to customer support and education. The company offers free educational resources, including market analysis and trading strategies, to help clients make informed decisions. Additionally, the platform provides a demo account for new traders to practice their strategies without financial risk.
FirstState-Futures is regulated by the following bodies:
As a registered entity in Indonesia, FirstState-Futures operates under Indonesian law and regulations. The company is structured to comply with all local regulatory requirements, ensuring transparency and accountability in its operations.
FirstState-Futures has implemented several measures to protect client funds, including segregated accounts to ensure that clients' funds are kept separate from the company's operational funds. This practice enhances security and builds trust with clients.
Primarily focused on the Indonesian market, FirstState-Futures aims to expand its services to other countries in the Asia-Pacific region and beyond, catering to a growing international client base.
While specific compliance history details were not provided, the company's regulatory status with Bappebti, JFX, and ICDX indicates a commitment to adhering to established trading standards and practices in Indonesia.
FirstState-Futures competes with several other brokerage firms in the region, including:
FirstState-Futures positions itself as a reputable and reliable broker in the Indonesian market, emphasizing regulatory compliance and a diverse range of trading options. The company aims to attract both novice and experienced traders through its educational resources and user-friendly platforms.
Key differentiators for FirstState-Futures include:
In conclusion, FirstState-Futures Company has established itself as a significant player in the Indonesian trading landscape, offering a comprehensive range of services, a commitment to regulatory compliance, and a focus on client education. As it continues to expand its offerings and improve its platform, FirstState-Futures is poised to remain a competitive force in the financial services industry.
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