Central Capital Futures (CCF) is a prominent financial services provider established in 2005. The company is headquartered in Jakarta, Indonesia, and operates as a private entity. Over the years, Central Capital Futures has built a reputation for offering trading services primarily in the forex and futures markets, catering to a diverse clientele that includes both retail traders and institutional investors.
Since its inception, Central Capital Futures has achieved several significant milestones, including becoming a recognized broker in Indonesia's competitive trading landscape. The firm is regulated by Bappebti (Badan Pengawas Perdagangan Berjangka Komoditi), the Indonesian government agency responsible for overseeing commodity futures trading. This regulatory oversight ensures a certain level of compliance and security for its clients.
Central Capital Futures operates under a retail forex model, providing access to various trading instruments, including forex pairs, commodities, and indices. The broker aims to facilitate trading for both novice and experienced traders, offering educational resources and analytical tools to support their trading activities.
Central Capital Futures is regulated by Bappebti, which oversees commodity futures trading in Indonesia. The regulatory license number is 881/Bappebti/SI/1/2006. While the broker is regulated, there are concerns regarding the robustness of this regulatory framework, and it is often described as a suspicious clone in various reviews.
The regulatory license is aimed at ensuring that the broker operates within the legal framework established for financial services in Indonesia. However, clients should be aware that the effectiveness of this regulation may not match the standards set by more stringent regulatory bodies in other countries.
Central Capital Futures maintains a policy of client funds segregation, meaning that clients' funds are held in separate accounts from the broker's operational funds. This practice is a standard measure to protect client assets in the event of financial difficulties faced by the broker.
The broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which are essential for preventing fraud and ensuring the integrity of the financial system. These measures include verifying the identity of clients and monitoring transactions for suspicious activity.
Central Capital Futures offers a range of trading products, primarily focusing on the forex market. The broker provides access to numerous currency pairs, including major, minor, and exotic pairs, allowing traders to engage in various trading strategies.
In addition to forex, Central Capital Futures offers Contract for Difference (CFD) products, which include:
The broker does not currently support trading in stocks, cryptocurrencies, or bonds, limiting its product offerings compared to some competitors. Central Capital Futures is known for its commitment to providing a diverse trading environment, but traders should be aware of the limitations in asset classes available.
The broker frequently updates its offerings and is open to introducing new trading instruments based on market demand. Retail trading services are complemented by analytical tools and resources aimed at enhancing the trading experience for clients.
Central Capital Futures supports the MetaTrader 4 (MT4) trading platform, which is widely regarded as one of the best trading platforms in the industry. MT4 is compatible with Windows, Android, and iOS devices, providing traders with flexibility in accessing their accounts from various devices.
The broker does not currently offer a proprietary trading platform, relying instead on MT4's robust features, which include:
Central Capital Futures utilizes a hybrid execution model, combining A-book and B-book strategies, which allows for a diverse trading experience. The broker's servers are located in Indonesia, ensuring that trades are executed with minimal latency.
The availability of an API for automated trading is also a feature that appeals to more experienced traders who wish to implement their trading strategies programmatically.
Central Capital Futures offers three distinct account types to cater to different trading preferences:
Mini Account:
Minimum deposit: $1,000
Fixed spreads starting from 3 pips
Commission: $50 per lot
Regular Account:
Minimum deposit: $10,000
Fixed spreads starting from 3 pips
Commission structure varies
Priority Account:
Minimum deposit: $50,000
Fixed spreads starting from 3 pips
Enhanced services available
Traders can open a demo account to practice their trading strategies without financial risk. The maximum leverage offered by Central Capital Futures is 1:100, allowing traders to amplify their positions. However, this also increases the risk of significant losses.
The broker has a minimum trading volume requirement, typically starting from 0.1 lots for the mini account, and the overnight fees are applicable based on the positions held.
Central Capital Futures provides several options for funding accounts, including:
The minimum deposit requirement varies by account type, with the mini account starting at $1,000. Deposits are generally processed promptly, but specific processing times may vary.
There are no significant deposit fees associated with funding accounts, but withdrawal methods may incur charges depending on the method chosen. Withdrawals can be made via bank transfer or cheque, and the processing time for withdrawals typically takes 1-3 business days.
The broker maintains a transparent fee structure, ensuring that clients are aware of any potential costs associated with their transactions.
Central Capital Futures offers customer support through various channels, including:
Support is available in multiple languages, primarily focusing on Indonesian and English. However, customer service has received mixed reviews, with some clients reporting long wait times and inadequate responses.
The broker provides limited educational resources, which may not meet the needs of all traders. Available resources include basic tutorials and market analysis, but there is a lack of comprehensive training materials such as webinars and advanced trading strategies.
Central Capital Futures also offers market analysis services, including daily reports and news updates, which can assist traders in making informed decisions.
Central Capital Futures primarily serves clients in Indonesia and other regions within Southeast Asia. The broker has established a presence in the local trading community, hosting events and providing support for traders.
However, there are restrictions on clients from certain countries, particularly those where regulatory compliance may pose challenges. The specific countries from which clients are not accepted have not been publicly disclosed, and interested traders should check directly with the broker for detailed information.
Overall, Central Capital Futures aims to provide a supportive trading environment while navigating the complexities of regulatory compliance in different jurisdictions.
In conclusion, Central Capital Futures is a broker that offers various trading services, particularly in the forex market. While it has made strides in providing a range of products and educational resources, potential clients should carefully consider the regulatory landscape and the broker's customer service reputation before engaging in trading activities.
This comprehensive overview serves as a guide for traders looking to understand the offerings and operational framework of the Central Capital Futures broker.
46etth
Philippines
Engaging with PT. Central Capital Futures as a trading platform was quite the experience. The key highlight for me was the top-notch trading platform that they offered. I appreciated the fact that they were dedicated in helping me succeed, with equally low spread commissions and a separate account to retain margins which definitely brought peace of mind. Yet, along with being efficient, trading required caution because of the quick pace at which information and technology moved in this industry.
Positive
2024-05-15
FX1050831316
Peru
The pages on this website look a bit dated and I can't quickly locate the information I need.
37130
2022-11-27
Mark Carter
New Zealand
The only issue is that their platform can sometimes be slow, especially during market peaks.
37130
2024-06-28