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Cyber Futures foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://cabinet.cfforex.com/web2/agent.php?memberkey=MjAwMzAzMTIx, about the company's legal and temporary regulatory information, the company's address Menara Sudirman Lantai 22 Jl. Jend. Sudirman Kav. 60 Jakarta Selatan 12190 Jakarta – Indonesia.

Cyber Futures Forex Broker

Basic Information

Registered Region
Indonesia
Operating Period
--
Company Name
PT. Cyber Futures Forex
Abbreviation
Cyber Futures
Company employee
--
Contact Number
+62215206118
Company Website
Company address
Menara Sudirman Lantai 22 Jl. Jend. Sudirman Kav. 60 Jakarta Selatan 12190 Jakarta – Indonesia
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: Cyber Futuress official site - https://www.cyberfx.id/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Cyber Futures Review Summary in 10 Points Founded 2004 Registered Country/Region Indonesia Regulation Not regulated Market Instruments Stock Index, Forex currency pairs, Gold and Silver, US Index, CFDs, Oil Demo Account Available Leverage Up to 1:200 EUR/USD Spread Start from 0.1 pips Trading Platforms MT4 Minimum Deposit USD 200 Customer Support Email, Address, Phone, FAQ What is Cyber Futures? Cyber Futures, with full name PT. Cyber Futures Forex, is an Indonesia -based global brokerage firm that offers Stock Index, Forex currency pairs, Gold and Silver, US Index, CFDs, Oil as its market instruments to traders. However, it is important to note Cyber Futures is currently not regulated by any recognized financial authorities which raises concerns when trading. Within this upcoming article, we will thoroughly examine the attributes of this broker from diverse angles, delivering straightforward and well-organized information. If this topic piques your curiosity, we encourage you to continue reading. Towards the article's conclusion, we will also provide a brief summary to offer you a quick overview of the broker's key characteristics. Pros & Cons Pros Cons • Wide range of trading instruments across multiple asset classes • Not regulated • MT4 platform • Lack of transparency on commissions and account types • Tight starting spread • Website unfunctional • Limited details on payment methods • Wide average spreads Cyber Futures Alternative Brokers There are many alternative brokers to Cyber Futures depending on the specific needs and preferences of the trader. Some popular options include: Forex.com- Forex.com is a reputable and well-established broker known for its user-friendly trading platforms and extensive educational resources, making it an excellent choice for both novice and experienced traders. TigerWit- TigerWit offers innovative blockchain-based trading technology and a wide range of financial instruments, making it an attractive option for traders seeking cutting-edge solutions and diverse market opportunities. TD Ameritrade-TD Ameritrade is a powerhouse in the brokerage industry, offering a comprehensive suite of investment services, advanced trading platforms, and research tools, making it a top choice for traders and investors looking for a full-service brokerage experience. Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs. Is Cyber Futures Safe or Scam? When considering the safety of a brokerage like Cyber Futures or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage: Regulatory sight: It is not regulated by any major financial authorities,which means that there is no guarantee that it is a safe platform to trade with. Besides, the official website of the broker is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky. User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the brokerage. Look for reviews on reputable websites and forums. Security measures: So far we cannot find any security measures info on Internet for this broker. Ultimately, the decision of whether or not to trade with Cyber Futures is a personal one. You should weigh the risks and benefits carefully before making a decision. Market Instruments Cyber Futures presents a comprehensive range of market instruments to cater to the trading needs of its clients across various financial markets. Whether traders are interested in the dynamics of stock indices, the currency exchange market with its myriad of forex currency pairs, or the appeal of precious metals like gold and silver, Cyber Futures has these markets covered. Additionally, the inclusion of US Index offerings and CFDs allows for diversified trading strategies, while the inclusion of oil as a market instrument caters to those keen on energy commodities. With this diverse array of market instruments, traders have the opportunity to explore a wide range of assets and trading strategies. Accounts Cyber Futures provides traders with the option to access their trading platform through a demo account for a risk-free and immersive trading experience. However, information regarding live account specifics is not readily available on the internet, but theres info show that a minimum deposit of USD 200 of this broker. Interested traders looking to open live accounts are encouraged to contact the broker directly for comprehensive account information and to understand the specific requirements. Leverage Cyber Futures offers its clients leverages up to 1:200. Leverage is a powerful tool that allows traders to control a larger position in the market with a relatively smaller amount of capital. With a leverage ratio of 1:200, clients have the potential to amplify their trading positions substantially, thus increasing the potential for both profits and losses. While higher leverage can enhance trading opportunities, it also comes with increased risk, as market fluctuations can have a more significant impact on account balances. Traders are advised to approach leveraged trading with a thorough understanding of the associated risks and to implement risk management strategies diligently. Spreads & Commissions When it comes to spreads, the broker offers a highly competitive minimum spread of just 0.1 pips for some major currency pairs, reflecting excellent pricing for traders focused on cost-efficiency. However, it's important to note that the normal spread for certain instruments may reach up to 3 pips, which, while still reasonable, can vary depending on market conditions and the specific trading environment. Regarding commissions, theres no specific information on Internet, and traders are advised to reach out to Cyber Futures directly for comprehensive details. This personalized approach ensures that traders can obtain accurate and up-to-date information tailored to their individual trading needs and preferences, allowing for a well-informed decision-making process. Below is a comparison table about spreads and commissions charged by different brokers: Broker EUR/USD Spread (pips) Commissions (per lot) Cyber Futures From 0.1 pips Not disclosed Forex.com From 0.0018pips Variable (depending on product) TigerWit From 0.6 pips Variable (depending on account) TD Ameritrade Not disclosed Variable (depending on product) Please keep in mind that spread values can vary depending on market conditions, account type, and other factors. Commission structures may also differ based on the broker's pricing model and the type of account being used. It's important to review the official websites or contact the brokers directly for the most accurate and up-to-date information on spreads and commissions. Trading Platforms Cyber Futures provides its traders with access to the widely recognized MetaTrader 4 (MT4) trading platform, which is available for PC, Android, and iOS devices. The MT4 platform is renowned in the financial industry for its user-friendly interface, extensive charting tools, and a wide range of technical indicators that cater to traders of all levels. With the PC version, traders can enjoy the full power of the platform on their desktops, while the Android and iOS versions allow for seamless trading on mobile devices, offering flexibility and convenience, especially for those on the go. MT4 is known for its stability, speed, and support for automated trading through Expert Advisors (EAs), making it a popular choice among traders worldwide. See the trading platform comparison table below: Broker Trading Platforms Cyber Futures MT4 Forex.com Forex.com and MT5 TigerWit WebTrader, Mobile App TD Ameritrade Thinkorswim Deposits & Withdrawals Cyber Futures offers a convenient and accessible payment method through Local Bank, which implies that traders can utilize local banking channels for transactions. This can often include bank transfers and online banking services, making it a versatile and region-specific option for many traders. However, for a comprehensive understanding of the available payment methods, fees, processing times, and any potential restrictions, traders are advised to contact Cyber Futures directly or refer to the broker's official website. Clear communication with the broker ensures that traders can select the payment method that best suits their needs and aligns with their financial preferences. Customer Service Cyber Futures provides customer service options to assist its clients in different areas through email and address. Customers can reach out to Cyber Futures through the channels to address their queries and concerns as below: Phone: +62 21 520 6118 Address: Menara Sudirman Lantai 22 Jl. Jend. Sudirman Kav. 60 Jakarta Selatan 12190 Jakarta – Indonesia Email: support@cfforex.co.id. Cyber Futures also provides a FAQ page, but due to an unfunctional website, traders are encouraged to contact the broker directly for assistance and access to relevant information. Conclusion According to available information online, Cyber Futures is a Indonesia-based brokerage firm offers Stock Index, Forex currency pairs, Gold and Silver, US Index, CFDs, Oil as market instruments to traders. However, the fact that it is non-regulated is an immediate red flag, as regulated brokers are subject to oversight and compliance with established financial regulations, providing clients with a level of assurance and protection. The lack of proper regulation and oversight increases the potential risks for traders, leaving them vulnerable to potentially fraudulent activities or misconduct. Additionally, an unfunctional website indicates a lack of professionalism and attention to details, which further erodes confidence in the company's ability to provide reliable and efficient services. As such, individuals considering Cyber Futures as their brokerage firm should exercise extreme caution and thoroughly research alternative, regulated options that prioritize transparency, security, and accountability. Frequently Asked Questions (FAQs) Q 1: Is Cyber Futures regulated? A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: What kind of trading instruments does Cyber Futures offer? A 2: Cyber Futures is a Indonesia-based brokerage firm offers Stock Index, Forex currency pairs, Gold and Silver, US Index, CFDs, Oil as market instruments to traders. Q 3: Is Cyber Futures a good broker for beginners? A3: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency. Q 4: Does Cyber Futures offer the industry leading MT4 & MT5? A 4: Yes, the broker provides MT4 platform on window, iOS and Android devices. Q 5: Whats the minimum deposit does Cyber Futures request? A 5: The broker request a minimum deposit of USD 200. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

How to login to Cyber Futures?
Cyber Futures Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Cyber Futures Account Registering for a Cyber Futures account is the first step towards engaging in trading activities. Below are the detailed steps to co

  

Cyber Futures Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  Cyber Futures, officially known as PT. Cyber Futures Forex, was established in 2004. The broker is headquartered in Jakarta, Indonesia, with its main office located at Menara Sudirman, Lantai 22, Jl. Jend. Sudirman Kav. 60, Jakarta Selatan 12190, Indonesia. As a private entity, Cyber Futures operates primarily in the retail forex market, catering to individual traders and investors interested in various financial instruments.

  Over the years, Cyber Futures has developed a reputation within the trading community, offering a diverse range of market instruments, including forex currency pairs, stock indices, precious metals, and crude oil. The company has been operational for approximately 5 to 10 years, positioning itself as a player in the competitive forex brokerage industry. However, it is crucial to note that Cyber Futures lacks regulation from recognized financial authorities, which raises concerns about its operational legitimacy and safety for traders.

  The business model of Cyber Futures primarily revolves around retail forex trading, providing clients with access to various trading products and services. Despite its unregulated status, the broker has attracted traders by offering competitive spreads and a user-friendly trading platform, specifically the widely-used MetaTrader 4 (MT4). As a cyber futures broker, it aims to facilitate trading for clients looking to explore opportunities in global financial markets.

  

2. Regulatory and Compliance Information

  Cyber Futures is currently not regulated by any major financial authorities, which is a significant red flag for potential clients. The lack of oversight means that there are no guarantees regarding the safety of funds or the legitimacy of trading practices. This absence of regulation can expose traders to higher risks, including potential fraud or mismanagement of funds.

  The broker does not provide specific regulatory license numbers or details about compliance with local laws. Additionally, there are no available records indicating participation in investor compensation schemes, which could protect clients in the event of broker insolvency.

  In terms of compliance measures, the broker has not disclosed any information regarding its Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. The absence of such measures raises concerns about the protection of client information and the integrity of the trading environment.

  Given these factors, prospective clients should exercise extreme caution when considering Cyber Futures as their trading platform. The lack of regulation and transparency significantly increases the risks associated with trading through this broker.

  

3. Trading Products and Services

  Cyber Futures offers a comprehensive range of trading products to meet the diverse needs of its clients. The broker provides access to a variety of forex currency pairs, including major pairs like EUR/USD, GBP/USD, USD/JPY, and several cross pairs. In total, Cyber Futures supports a selection of five major currency pairs and numerous cross pairs, allowing traders to engage in global currency trading.

  In addition to forex, Cyber Futures offers Contracts for Difference (CFDs) on various instruments, including stock indices, commodities like gold and silver, and crude oil. This diversified product offering enables traders to implement a wide range of trading strategies and explore different asset classes.

  Cyber Futures is also known for its competitive spreads, starting from 0.1 pips for some major currency pairs, although spreads can vary significantly based on market conditions and specific instruments. The broker does not disclose detailed information regarding commission structures, which could affect overall trading costs.

  While Cyber Futures presents a robust product lineup, the lack of transparency regarding product updates and the introduction of new trading instruments raises questions about its commitment to keeping pace with market demands. Traders interested in specific products or services are encouraged to contact Cyber Futures directly for the most accurate and up-to-date information.

  

4. Trading Platforms and Technology

  Cyber Futures provides its clients with access to the MetaTrader 4 (MT4) trading platform, which is widely regarded as one of the best trading platforms in the industry. MT4 is known for its user-friendly interface, advanced charting tools, and a comprehensive suite of technical indicators, making it suitable for traders of all experience levels.

  The broker supports MT4 on multiple devices, including PC, Android, and iOS, allowing for seamless trading on the go. The platform offers various execution modes, including instant execution, and supports automated trading through Expert Advisors (EAs), enhancing trading flexibility and efficiency.

  However, there is no indication that Cyber Futures has developed its proprietary trading platform or offers a web-based trading solution. The reliance on MT4 may limit some traders who prefer different platforms or require specific functionalities not available in MT4.

  Cyber Futures has not provided detailed information regarding its server locations or technical infrastructure, which are essential factors for ensuring stable and fast trading experiences. Additionally, there is no mention of API access or support for algorithmic trading, which could be a drawback for more advanced traders.

  

5. Account Types and Trading Conditions

  Cyber Futures offers a standard account with a minimum deposit requirement of USD 200. The conditions for this account include competitive spreads starting from 0.1 pips, although average spreads can reach up to 3 pips depending on market conditions. Unfortunately, the broker does not provide detailed information about different account types, including any premium or specialized accounts such as VIP or Islamic accounts.

  While a demo account is available for traders to practice their strategies without financial risk, specifics regarding live account features or benefits are not readily accessible. The broker allows leverage of up to 1:200, which can amplify both potential gains and losses, making it essential for traders to understand the risks associated with high leverage.

  The minimum trading lot size and overnight fees information have not been disclosed, which could affect traders' decision-making processes. As such, individuals interested in opening a live account should reach out to Cyber Futures directly for comprehensive details on account types, trading conditions, and any additional features available.

  

6. Fund Management

  Cyber Futures provides several options for funding trading accounts, although specific methods have not been explicitly detailed in available information. Generally, brokers in this market support various deposit methods, including bank transfers, credit cards, and electronic wallets.

  The minimum deposit requirement for standard accounts is USD 200, which aligns with industry standards. However, details regarding deposit processing times and any associated fees have not been provided, which could affect traders' experience when funding their accounts.

  Withdrawal methods and restrictions are also not clearly outlined, leaving potential clients uncertain about how to access their funds once trading is complete. The lack of information on withdrawal processing times and fees further complicates the decision-making process for prospective traders.

  Given these uncertainties, it is advisable for clients to communicate directly with Cyber Futures to clarify any questions regarding deposit and withdrawal procedures, ensuring that they understand the financial management aspects before engaging in trading activities.

  

7. Customer Support and Educational Resources

  Cyber Futures offers customer support primarily through telephone and email channels. Clients can reach out to the broker at +62 21 520 6118 or via email at support@cfforex.co.id. However, the absence of online chat or social media support may limit immediate assistance options for traders requiring quick responses.

  The broker operates in the Indonesian time zone, and while there is no specific information regarding the hours of operation, traders should consider this when seeking support. Additionally, it is unclear whether Cyber Futures offers support in multiple languages, which could be a factor for non-Indonesian speaking clients.

  In terms of educational resources, Cyber Futures provides basic forex education materials, including articles and tutorials aimed at helping beginners familiarize themselves with trading concepts. However, the depth and breadth of these resources remain unspecified, which may affect the learning experience for novice traders.

  Market analysis services, such as daily updates and research reports, were not mentioned, indicating a potential gap in providing traders with timely information to support their trading decisions. Moreover, the availability of trading tools like calculators, calendars, or signal services has not been clearly defined.

  

8. Regional Coverage and Restrictions

  Cyber Futures primarily serves clients in Indonesia, leveraging its local presence to cater to the needs of Indonesian traders. However, specific details regarding regional offices or additional coverage areas have not been provided, limiting insight into the broker's operational reach.

  The broker does not explicitly disclose any countries or regions from which it does not accept clients. This lack of information could pose a challenge for potential international clients seeking to engage with Cyber Futures.

  Overall, while Cyber Futures appears to focus on the Indonesian market, the absence of detailed regional coverage information may limit its attractiveness to traders from other regions. Prospective clients should verify their eligibility to trade with Cyber Futures based on their location and local regulations.

  In conclusion, Cyber Futures presents a range of offerings as a cyber futures broker, but potential clients should carefully consider the associated risks due to the broker's unregulated status and lack of transparency in several key areas.

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Latest Reviews

marubosu528

marubosu528

Indonesia

I've only been a customer for 1 week, for the time being it's been fine...always successful

Positive

2023-02-10

Cyber Futures Forex Broker has an overall rating of 1.51, Regulatory Index 0.00, License Index 0.00, Business Index 6.99, Software Index 4.00 Risk Control Index 0.00.
Cyber Futures