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Maxco Futures Company

  

Maxco Futures Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Maxco Futures Company, established in 1990, is a prominent futures brokerage firm based in Indonesia. Initially known as the Panin Investment Department, it transitioned to its current name in the 2000s. With over three decades of experience in the financial services industry, Maxco has built a reputation as a trusted broker in the region.

  

Parent Company/Ownership Structure

  Maxco Futures operates as a private entity under the legal name PT Maxco Futures. It is a strategic partner of the Panin Group, one of Indonesia's leading financial institutions, which enhances its credibility and operational capabilities.

  

Headquarters Location

  The company's headquarters is located in Jakarta, Jakarta Raya, Indonesia. This prime location positions Maxco at the heart of Indonesia's financial landscape, facilitating access to a diverse client base.

  

Global Business Scope

  Maxco Futures primarily serves clients within the Asia-Pacific region, particularly in Southeast Asia. The company offers a range of trading services that cater to both individual and institutional clients, positioning itself as a significant player in the regional financial markets.

  

Main Regulatory Bodies

  Maxco Futures is regulated by the Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti), which oversees commodity futures trading in Indonesia. Additionally, it is a member of the Jakarta Futures Exchange (JFX) and the Indonesian Clearing House (KBI), further establishing its regulatory compliance.

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2. Company History and Development

  

Key Milestones

  • 1990: Founded as Panin Investment Department.
  • 2005: Rebranded to Maxco Futures.
  • 2006: Recognized by Bappebti with the regulatory license number 931/Bappebti/PN/8/2006.

  

Business Expansion Journey

  Over the years, Maxco Futures has expanded its offerings to include a diverse range of financial instruments, catering to the evolving needs of traders and investors. The company has grown its product line to over 70 different trading options, including forex, metals, futures, and stocks.

  

Customer Base Growth

  Maxco Futures has steadily increased its customer base, attracting both retail and institutional clients. The firms commitment to providing first-class financial services and competitive pricing has contributed to its reputation and trustworthiness in the market.

  

Platform Development History

  Maxco has developed and refined its trading platforms, including the widely used MetaTrader 4 (MT4), to enhance user experience and trading efficiency. The platform supports various trading styles and strategies, accommodating the diverse needs of its users.

  

Important Awards or Recognitions Received

  While specific awards were not highlighted in the available information, Maxco's long-standing presence and regulatory compliance reflect its commitment to quality and service in the financial services industry.

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3. Trading Services Offered

  

Forex Trading Options

  Maxco Futures offers a wide array of forex trading options, providing access to numerous currency pairs. This includes major, minor, and exotic pairs, allowing traders to engage in global forex markets effectively.

  

Stock Trading Options

  The firm also provides stock trading services, enabling clients to invest in various publicly listed companies. This diversification allows investors to build balanced portfolios.

  

CFD Trading Products

  Maxco offers Contracts for Difference (CFDs), allowing traders to speculate on price movements of various assets without owning the underlying asset. This includes CFDs on indices, commodities, and forex.

  

Other Financial Instruments

  In addition to forex and stocks, Maxco Futures offers trading in commodities and metals such as gold and silver. While cryptocurrencies were not explicitly mentioned, the firms expansive product range indicates potential for future offerings in this area.

  

Special Services or Unique Advantages

  Maxco Futures distinguishes itself with competitive pricing, advanced trading platforms, and a focus on customer support. The firm offers rebate schemes for partners, daily payouts, and a sophisticated partner interface to maximize business opportunities.

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Detailed Regulatory Information

  Maxco Futures is primarily regulated by:

  • Bappebti: The Indonesian Commodity Futures Trading Supervisory Agency.
  • Jakarta Futures Exchange (JFX): Membership certificate number SPA B-057/BBJ/12/03.
  • Indonesian Clearing House (KBI): Membership certificate number 01/AK-KBI/PN/XI/2006.

  

  Maxco operates as a single legal entity, PT Maxco Futures, under Indonesian law. Its regulatory framework is designed to ensure compliance with local trading regulations and to protect investor interests.

  

Client Fund Protection Measures

  The firm maintains client funds in segregated accounts to ensure safety and security. This practice is a standard regulatory requirement that helps protect client investments in case of financial difficulties.

  

Countries/Regions Served

  Maxco Futures primarily serves clients in Indonesia and the broader Asia-Pacific region. Its strategic partnerships and regulatory compliance facilitate its operations within these markets.

  

Compliance History

  While specific compliance issues were not reported, the classification of Maxco under Bappebti indicates its commitment to adhering to local trading regulations. However, caution is advised due to reports labeling it as a "suspicious clone," suggesting potential regulatory concerns.

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5. Competitive Landscape

  

3-5 Main Competitors

  Maxco Futures faces competition from several key players in the financial services industry, including:

  • Security Bank Corporation: A major player in the banking and trading sector in the Philippines.
  • Es Pay: Another competitor in the Southeast Asian market, offering similar trading services.
  • Other Local Brokers: Various local brokers that provide forex and futures trading services.
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    Positioning in the Industry

      Maxco Futures positions itself as a reliable and experienced broker in the Indonesian market, emphasizing its regulatory compliance and extensive range of trading products. Its partnership with the Panin Group further solidifies its standing within the industry.

      

    Market Differentiation Factors

      Maxco differentiates itself through:

    • Regulatory Compliance: Adherence to local regulations ensures a level of trust among clients.
    • Product Variety: A wide range of trading instruments appeals to diverse trading strategies.
    • Customer Support: A strong focus on customer service enhances client satisfaction and retention.

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    Conclusion

      Maxco Futures Company stands as a significant player in the Indonesian financial services market, with a rich history and a commitment to providing quality trading services. While it offers a broad range of financial instruments and maintains regulatory compliance, potential clients should conduct thorough due diligence and remain aware of the associated risks in trading with any brokerage, especially those with a complex regulatory background.

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