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maxco Company

  

Maxco Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Maxco Company, officially known as PT Maxco Futures, was founded in 1990. Originally, it operated under the name Panin Investment Department before rebranding to Maxco Futures in the 2000s. The company has established itself as a reputable broker in the financial services sector, focusing on forex and contract for difference (CFD) trading.

  

Parent Company/Ownership Structure

  Maxco operates as an independent entity within the financial services industry. While it has strategic partnerships, including affiliations with the Panin Group, it functions as a standalone brokerage firm.

  

Headquarters Location

  The headquarters of Maxco is situated in Central Jakarta, Indonesia, at Panin Bank Centre, JL. Jend. Sudirman Kav - 1, Senayan, Jakarta 10270.

  

Global Business Scope

  Maxco provides its trading services primarily to clients in Indonesia and globally. It offers a wide range of financial instruments, including forex, metals, futures, and stocks, catering to both individual and corporate clients.

  

Main Regulatory Bodies

  Maxco is regulated by the Indonesian Commodity Futures Trading Regulatory Agency (Bappebti). The company holds the following licenses:

  • Futures brokerage license number: 931/Bappebti/PN/8/2006
  • Membership certificate from Jakarta Futures Exchange (JFX): SPA B-057/BBJ/12/03
  • Membership certificate from Indonesian Derivatives Clearing House (KBI): 01/AK-KBI/PN/XI/2006

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2. Company History and Development

  

Key Milestones

  • 1990: Maxco was established, initially as part of the Panin Group.
  • 2006: The company received its regulatory license from Bappebti, marking a significant step in its operational legitimacy.
  • 2000s: Transitioned from Panin Investment Department to Maxco Futures, expanding its service offerings.

  

Business Expansion Journey

  Over the years, Maxco has expanded its offerings to include over 70 financial instruments, including various forex pairs, commodities, and stock CFDs. The firm has also developed multiple trading platforms to enhance user experience.

  

Customer Base Growth

  Maxco has attracted a community of over 3,000 traders, reflecting its growing reputation in the trading community. The firm has focused on providing premium services to empower its clients in their trading and investment endeavors.

  

Platform Development History

  Maxco has developed several trading platforms, including:

  • WebTrader: A browser-based platform for easy access.
  • Mobile Trading App: Allows trading on the go.
  • MetaTrader 4 (MT4): A widely used platform that supports automated trading and offers various analytical tools.

  

Important Awards or Recognitions Received

  While specific awards were not mentioned in the available data, Maxco's long-standing presence and regulatory compliance contribute to its credibility in the financial services sector.

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3. Trading Services Offered

  

Forex Trading Options

  Maxco offers a diverse range of forex trading options, providing access to over 70 currency pairs, including major, minor, and exotic pairs. This variety allows traders to engage with multiple market opportunities.

  

Stock Trading Options

  The company facilitates trading in various stock instruments, allowing clients to invest in shares of notable companies. This feature enhances the trading portfolio available to Maxco's clients.

  

CFD Trading Products

  Maxco provides CFD trading on various assets, including commodities, indices, and stocks. This allows traders to speculate on price movements without owning the underlying assets.

  

Other Financial Instruments

  In addition to forex and stocks, Maxco offers trading in precious metals such as gold and silver, as well as futures contracts on commodities like oil and indices.

  

Special Services or Unique Advantages

  Maxco distinguishes itself with several unique advantages:

  • High Leverage: Offering leverage up to 1:500, enabling traders to amplify their potential gains.
  • Competitive Commission Structure: A commission of $1 per lot for trades, which is relatively low compared to industry standards.
  • Diverse Payment Options: Clients can deposit and withdraw funds via bank transfers, ensuring secure transactions.

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Detailed Regulatory Information

  Maxco is regulated by the following bodies:

  • Bappebti: The primary regulatory authority for futures trading in Indonesia.
  • Jakarta Futures Exchange (JFX): Membership provides additional regulatory oversight.
  • Indonesian Derivatives Clearing House (KBI): Ensures compliance and safety in trading activities.

  

  Maxco operates under Indonesian law, with its legal entity structured as PT Maxco Futures. It adheres to local regulations while providing services to international clients.

  

Client Fund Protection Measures

  Maxco ensures client fund protection by maintaining segregated accounts for client deposits. This practice safeguards clients' funds from operational risks associated with the brokerage.

  

Countries/Regions Served

  While primarily serving Indonesian clients, Maxco also caters to a global clientele, providing access to its trading platforms and services to traders around the world.

  

Compliance History

  Maxco has maintained compliance with regulatory requirements since its inception. The company has not reported any significant compliance issues or complaints, reflecting its commitment to regulatory adherence.

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5. Competitive Landscape

  

3-5 Main Competitors

  Maxco operates in a competitive environment with several notable competitors, including:

  • FXTM (ForexTime): Known for its robust trading platforms and educational resources.
  • IC Markets: Offers low spreads and a wide range of trading instruments.
  • Exness: Recognized for its flexible leverage options and fast execution speeds.

  

Positioning in the Industry

  Maxco positions itself as a reliable and regulated broker, focusing on providing competitive pricing and a user-friendly trading experience. Its long-standing reputation and regulatory compliance enhance its standing in the industry.

  

Market Differentiation Factors

  Maxco differentiates itself through:

  • Regulatory Compliance: Being regulated by Bappebti adds a layer of trust for clients.
  • Diverse Trading Instruments: Offering a wide range of financial products attracts various types of traders.
  • User-Friendly Platforms: The availability of multiple trading platforms caters to both novice and experienced traders.

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  In conclusion, Maxco Company has established itself as a reputable broker with a solid regulatory framework and a diverse range of trading services. With its focus on client empowerment and continuous innovation, Maxco remains a key player in the financial services industry in Indonesia and beyond. For more information about Maxco's offerings and services, learn more.