ContinueFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://hhttps://crm.continuefx.com/signup.php, about the company's legal and temporary regulatory information, the company's address .
Pruton Futures, officially known as PT Pruton Mega Berjangka, was established in 2006 and is headquartered in Jakarta, Indonesia. The company operates as a private entity and primarily serves the retail trading market, focusing on providing foreign exchange (Forex) services to individual traders. Over the years, Pruton Futures has aimed to create a transparent trading environment, offering competitive interbank pricing to its clients.
The broker was founded by a group of market professionals with the vision of enhancing the trading experience for retail investors. Since its inception, Pruton Futures has achieved several milestones, including obtaining a regulatory license from Indonesia's Commodity Futures Trading Regulatory Agency (BAPPEBTI) and becoming a member of the Jakarta Futures Exchange (JFX) and the Indonesian Derivatives Clearing House (IDCH).
Pruton Futures operates under the umbrella of the Pruton Group, which includes various financial service entities, thereby enriching its service offerings. The business model of Pruton Futures focuses on retail Forex trading, catering to individual traders looking for a reliable platform to execute their trading strategies.
Pruton Futures is regulated by the Commodity Futures Trading Regulatory Agency (BAPPEBTI) in Indonesia. The regulatory number and specific compliance details are not explicitly mentioned in the available sources. The broker's license is valid and covers a range of trading activities, primarily focusing on Forex and commodities.
As part of its compliance measures, Pruton Futures adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, ensuring that client identities are verified and that funds are sourced legitimately. The broker maintains a policy of segregating client funds from its operational accounts, providing an additional layer of security for its clients investments.
Pruton Futures does not appear to participate in any investor compensation fund, which may pose a risk for clients in case of insolvency. However, the broker is committed to transparency and regulatory compliance, which should provide some assurance to its clients.
Pruton Futures offers a diverse range of trading products tailored to meet the needs of its clients. The broker provides access to over 30 Forex currency pairs, including major, minor, and exotic pairs, allowing traders to engage in a variety of trading strategies. Additionally, Pruton Futures includes CFDs on various assets such as indices, commodities, and precious metals, notably gold.
The trading environment is designed to be dynamic, with regular updates to the available trading products. The broker aims to introduce new instruments periodically, although specific details on the frequency of updates are not readily available.
Pruton Futures primarily focuses on retail trading services, but it also offers managed account tools for clients looking for professional assistance. The broker does not explicitly mention services tailored for institutional clients or white-label solutions, which may limit its appeal to larger financial entities.
Pruton Futures exclusively utilizes the MetaTrader 4 (MT4) platform, which is renowned for its user-friendly interface and robust trading features. The MT4 platform supports various trading styles, including scalping and automated trading through Expert Advisors (EAs).
The broker does not appear to offer any proprietary trading platforms or additional web-based trading solutions. However, the MT4 platform is accessible on desktop computers, mobile devices, and through a web trader, providing flexibility for traders who prefer to manage their accounts on the go.
Pruton Futures employs a Market Making execution model, which allows for direct market access and high-speed order execution. The broker's servers are located in secure data centers, ensuring that traders experience minimal latency during trading sessions. The platform supports API access, enabling automated trading solutions for more advanced traders.
Pruton Futures offers a single account type, which is designed to be straightforward for traders. The account features include:
Additionally, Pruton Futures provides a demo account option, allowing traders to practice their strategies without risking real capital. This feature is particularly beneficial for beginners looking to familiarize themselves with the trading environment.
Pruton Futures supports a limited range of deposit methods, primarily focusing on bank wire transfers and major credit/debit cards. The broker does not charge any fees for deposits, but clients may incur charges from their banks or card issuers.
The processing time for deposits typically ranges from 2 to 3 business days, depending on the method used. Unfortunately, the broker does not provide clear information regarding the minimum deposit requirements for different account types, which may be a point of concern for potential clients.
For withdrawals, clients can only utilize bank wire transfers. Pruton Futures does not impose any withdrawal fees, but the processing time can take between 1 to 5 working days, depending on the client's bank.
Pruton Futures offers customer support through multiple channels, including email and online submission forms. However, the availability of live chat or phone support is not explicitly mentioned, which may limit immediate assistance for clients.
The broker's customer service operates during standard business hours, and the support is primarily available in Indonesian, with English assistance also provided. This dual-language support can be beneficial for international clients looking to engage with the broker.
In terms of educational resources, Pruton Futures appears to have limited offerings. There is a knowledge page available, but it lacks comprehensive educational materials such as webinars, tutorials, or eBooks. Market analysis services, including daily analysis and research reports, are also not prominently featured, which could hinder traders seeking to enhance their trading knowledge.
Pruton Futures primarily serves clients in Indonesia and has a growing presence in Southeast Asia. The broker has established offices in several countries, including Malaysia, Thailand, Vietnam, Laos, China, Hong Kong, and Pakistan.
However, specific information regarding countries or regions from which clients are not accepted is not explicitly stated. It is advisable for potential clients to contact customer support to clarify any eligibility requirements or restrictions based on their location.
In conclusion, Pruton Futures provides a range of trading services primarily focused on retail Forex and CFDs. While the broker is regulated and aims to offer transparent trading conditions, potential clients should carefully consider the trading costs and limited educational resources before engaging with the platform.
In summary, Pruton Futures broker is an option for traders seeking a straightforward trading experience, but it may not meet the needs of all investors, particularly those looking for lower trading costs or extensive educational support.
Talal Baig68948
Pakistan
I have 4 withdrawals from Continuefx.com starting from 2018 10 22 in amount of ~11.000 USD total which they are refusing to pay back to my bank account. They keep telling me they will send me the swift confirmation which they never did. I am awaiting for their response here and considering opening a case in traders court if they don't resolve my case.
Exposure
2021-10-11
Vithusan Vijeyaratnam
Australia
I had a negative experience with ContinueFX. Their website is currently down and I am unable to access my account or contact their customer service. Additionally, I have concerns about the fact that they are registered in Saint Vincent and the Grenadines, which is not a well-regulated jurisdiction for forex brokers.
Positive
2023-03-20