Century Futures foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://centuryfutures.com/, about the company's legal and temporary regulatory information, the company's address .
Century Futures broker review
Century Futures, officially known as Century Investment Futures, was established in 2004. The company is headquartered in Komplek Duta Merlin Blok B 28 - 29 Jalan Gajah Mada No. 3 – 5 Jakarta, Indonesia 10130. As a privately held entity, Century Futures primarily serves retail clients and institutional traders in the forex and CFD markets.
Over the years, Century Futures has aimed to provide a wide array of trading services and financial instruments, including forex, contracts for difference (CFDs), commodities, and indices. However, the broker has faced challenges regarding its regulatory status, as it is currently classified as unregulated. This has raised concerns among potential clients about the safety and security of their investments.
The company's development has seen various milestones, including the launch of its trading platform and the expansion of its service offerings. Century Futures operates under a business model that focuses on retail forex trading, providing clients with access to global financial markets.
As a century futures broker, the firm has aimed to create a user-friendly trading environment, although it has faced criticism for its lack of regulation, which may deter some potential investors.
Century Futures operates without proper regulation, which is a significant concern for traders considering engaging with the broker. The primary regulatory authority overseeing forex and CFD trading in Indonesia is the BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi), but Century Futures does not hold a valid license from this or any other recognized regulatory body.
The lack of a regulatory license raises questions about the broker's compliance with necessary financial regulations and standards. Clients should be aware that their funds may not be protected under any investor compensation schemes, as Century Futures does not participate in any such programs.
In terms of compliance measures, Century Futures has not publicly disclosed its policies regarding Know Your Customer (KYC) and Anti-Money Laundering (AML). This lack of transparency can pose risks to clients, as these measures are critical in safeguarding against fraud and ensuring a secure trading environment.
As a century futures broker, the absence of regulation and compliance measures can lead to potential risks for investors, making it essential for prospective clients to conduct thorough research before engaging with the broker.
Century Futures offers a range of trading products designed to cater to various trading strategies and preferences. The broker provides access to numerous forex currency pairs, allowing traders to engage in the global forex market effectively. While the exact number of currency pairs is not specified, clients can expect to find major, minor, and exotic pairs available for trading.
In addition to forex, Century Futures provides a selection of CFD products, which include indices, commodities, and stocks. This diverse product offering allows traders to hedge their positions and speculate on price movements across different asset classes.
The broker is also known to introduce new products periodically, although specific details regarding the frequency of updates and the introduction of unique trading instruments have not been disclosed. For retail clients, Century Futures offers a straightforward trading service that emphasizes accessibility and user-friendliness.
Institutional clients may also find tailored services to meet their trading needs, although details about these services are limited. As a century futures broker, the firm aims to provide a comprehensive trading experience, but potential clients should weigh the benefits against the risks associated with its unregulated status.
Century Futures provides its clients with access to the MetaTrader 5 (MT5) trading platform, which is known for its advanced trading features and user-friendly interface. The platform supports various trading instruments and offers tools for technical analysis, automated trading, and customizable charting options.
While there is no mention of a proprietary trading platform, the availability of MT5 allows traders to execute trades efficiently and manage their accounts effectively. The broker also offers a web-based trading platform, enabling clients to trade directly from their browsers without the need for software installation.
In terms of mobile trading, Century Futures supports both iOS and Android applications, allowing clients to trade on the go. This flexibility is crucial for modern traders who require access to their accounts at any time.
The broker employs an ECN (Electronic Communication Network) execution model, which is designed to provide faster trade execution and better pricing by connecting traders directly to liquidity providers. The server infrastructure is based in Indonesia, but specific details regarding the technical setup and server locations have not been disclosed.
API access for algorithmic trading is not explicitly mentioned, which may limit automated trading options for more advanced traders. As a century futures broker, the firm strives to provide a robust trading environment, but potential clients should consider their specific trading needs when evaluating the platform.
Century Futures offers several account types to cater to different trading preferences and strategies. The standard account typically requires a minimum deposit, although the exact amount is not specified. Spreads are competitive, and the broker may charge commissions based on the trading volume.
For more experienced traders, premium or VIP accounts might be available, offering enhanced features such as lower spreads and higher leverage options. Specific details about these advanced accounts are not disclosed, making it essential for traders to inquire directly with the broker.
Islamic accounts are not explicitly mentioned, indicating that traders seeking Sharia-compliant options may need to confirm availability with Century Futures. The broker also provides a demo account for clients to practice their trading strategies without risking real funds.
Leverage ratios vary depending on the asset class, with forex typically offering higher leverage compared to commodities or indices. The minimum trade size and overnight fees are not specified, so potential clients should seek clarification from the broker regarding these conditions.
As a century futures broker, the firm aims to provide flexible trading conditions, but clients should ensure they fully understand the terms before opening an account.
Century Futures supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets. However, specific details regarding the minimum deposit requirements for different account types are not provided.
Deposit processing times are generally swift, but exact timelines may vary based on the chosen method. Clients should also be aware of any potential deposit fees, although this information is not explicitly stated.
Withdrawal methods include the same options as deposits, with specific withdrawal limits not disclosed. Processing times for withdrawals may vary, and clients are encouraged to check with the broker for the most accurate information.
Fees associated with withdrawals are also not detailed, which can impact overall trading costs. As a century futures broker, the firm aims to facilitate smooth fund management, but transparency regarding fees and processing times is crucial for clients.
Century Futures offers multiple support channels for its clients, including phone, email, and online chat. The broker aims to provide timely assistance to traders, although specific service hours and time zone coverage are not mentioned.
Multilingual support is not explicitly stated, so clients may need to confirm the availability of assistance in their preferred language. The broker provides educational resources, including webinars, tutorials, and e-books, to help traders enhance their market knowledge and trading skills.
Market analysis services are available, with daily reports, news updates, and research materials provided to keep clients informed of market developments. Additionally, trading tools such as calculators and economic calendars are likely offered to assist traders in their decision-making processes.
As a century futures broker, the firm recognizes the importance of customer support and education in fostering a positive trading experience, although the extent of these offerings may vary.
Century Futures primarily serves clients in Indonesia and aims to cater to traders in the Asia-Pacific region. The broker's regional offices are located in key financial hubs, although specific locations are not disclosed.
Certain countries may be restricted from accessing Century Futures' services, particularly those with stringent regulations on forex trading. Details regarding these restrictions are not provided, so potential clients should verify their eligibility before attempting to open an account.
In summary, as a century futures broker, the firm seeks to establish a presence in the forex and CFD markets, but potential clients must consider the implications of its unregulated status and the associated risks before engaging with the broker.