FirstState-Futures Company Overview

　　

Founding Date and Background

　　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.

　　

Parent Company/Ownership Structure

　　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.

　　

Headquarters Location

　　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.

　　

Global Business Scope

　　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.

　　

Main Regulatory Bodies

　　FirstState-Futures is regulated by several key bodies in Indonesia, including:

• Bappebti (Badan Pengawas Perdagangan Berjangka Komoditi): The Indonesian Commodity Futures Trading Supervisory Agency.
• Jakarta Futures Exchange (JFX): A notable exchange where the company is a member.
• Indonesia Commodity and Derivatives Exchange (ICDX): Another exchange that oversees the companys operations.

　　

Company History and Development

　　

Key Milestones

　　Since its inception, FirstState-Futures has achieved several significant milestones:

• 2009: Company founded and began operations.
• 2010: Obtained regulatory licenses from Bappebti, JFX, and ICDX, establishing its credibility in the market.
• 2015: Expanded its trading platform offerings to include MetaTrader 4 and 5, enhancing user experience.

　　

Business Expansion Journey

　　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.

　　

Customer Base Growth

　　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.

　　

Platform Development History

　　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.

　　

Important Awards or Recognitions Received

　　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.

　　

Trading Services Offered

　　

Forex Trading Options

　　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.

　　

Stock Trading Options

　　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.

　　

CFD Trading Products

　　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.

　　

Other Financial Instruments

　　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.

　　

Special Services or Unique Advantages

　　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.

　　

Regulatory and Legal Background

　　

Detailed Regulatory Information

　　FirstState-Futures is regulated by the following bodies:

• Bappebti: Provides oversight for commodity futures trading in Indonesia.
• JFX: Ensures compliance with trading regulations in the Jakarta Futures Exchange.
• ICDX: Oversees the operations related to commodity and derivatives trading.

　　

Legal Entity Structure by Region

　　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.

　　

Client Fund Protection Measures

　　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.

　　

Countries/Regions Served

　　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.

　　

Compliance History

　　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.

　　

Competitive Landscape

　　

3-5 Main Competitors

　　FirstState-Futures competes with several other brokerage firms in the region, including:

• Or Finex
• AAA-Forex
• Wealth Orbit
• Market Pulse
• Mindvision Capital

　　

Positioning in the Industry

　　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.

　　

Market Differentiation Factors

　　Key differentiators for FirstState-Futures include:

• Regulatory Compliance: Strong adherence to local regulations enhances credibility.
• Educational Support: Offering free educational resources to clients sets it apart from many competitors.
• Diverse Product Offering: A wide range of financial instruments caters to various trading preferences.

　　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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