Java Forex Broker

JAVA Review SummaryFounded2016Registered Country/RegionIndonesiaRegulationBAPPEBTI, JFXMarket Instruments24 currency pairs, oil, gold, silverDemo Account✅LeverageUp to 1:200SpreadFrom 1.5 pipsTrading PlatformMT5, Web TraderMin Deposit200 USDCustomer Support24/5 multilingual Live chat, contact formPhone: (62) 21 222 32 200Whatsapp: (62)817-1771-8880Fax: (62) 21 222 31 318Email: info@javafx.co.idFacebook/Twitter/Instagram/YouTube/TelegramJAVA Information Founded in 2016, JAVA is a regulated broker registered in Indonesia, offering trading in 24 currency pairs, oil, gold, and silver with leverage up to 1:200 and spread from 1.5 pips on the MT5 and Web Trader platforms. The minimum deposit requirement is 200 USD.Pros and ConsPros Cons Leverage up to 1:200Limited tradable assets24/5 multilingual live chat supportHigh minimum depositRegulated by BAPPEBTI and JFXNo info on deposits and withdrawalsDemo accounts availableMT5 platformMultiple security measuresIs JAVA Legit? JAVA is regulated by the Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) with license number 926/BAPPEBTI/SI/8/2006 and the Jakarta Futures Exchange (JFX) with license number SPAB - 141/BBJ/08/05, making it relatively safer than unregulated brokers.What Can I Trade in JAVA? JAVA offers trading in 24 currency pairs, oil, gold, and silver. Other popular tradable instruments like indices, stocks, and cryptocurrencies are not available.Trading InstrumentsSupportedCurrency pairs✔Oil✔Gold✔Silver✔Indices❌Stocks❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Account Type/Fees JAVA offer two trading account types, with minimum deposit requirement of 200 USD and 500 USD respectively.Minimum DepositUSD 200USD 500Deposit CurrencyIDR / USDMinimum Order Volume0.1 lotMaximum Order Volume20 lotsSpreadFrom 1.5 pipsCommission$1❌ExecutionMarket execution from under 0.1 secondMargin Call / Stop Out LevelWhen account margin level reaches 10%Scalping✔Expert Advisors (EA)✔Hedging✔ In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.Leverage The maximum leverage is 1:200, meaning that profits and losses are magnified 200 times. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Trading Platform JAVA cooperates with the authoritative MT5 trading platform, available in PC, MAC, iPhone, iPad, and Android. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.Trading PlatformSupported Available Devices Suitable for MT5✔PC/MAC/iPhone/iPad/AndroidExperienced tradersMT4❌-Beginners