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Java Forex broker specializes in providing foreign exchange trading services, the company's official website http://my.javafx.co...., the company's legitimate regulatory information IndonesiaBAPPEBTIRetail Forex License, IndonesiaJFXRetail Forex License, IndonesiaICDXRetail Forex License to enhance the security of the company's address 92 Avenix A.9 Jl. Raya Serpong - Cisauk, BSD City Tangerang Banten 15345

Java Forex Broker

Basic Information

Registered Region
Indonesia
Operating Period
--
Company Name
PT.Java Global Futures
Abbreviation
Java
Company employee
--
Customer Service Email Address
info@javafx.co.id
Contact Number
+622122232200
Company address
92 Avenix A.9 Jl. Raya Serpong - Cisauk, BSD City Tangerang Banten 15345
Keywords
5-10 years
Regulated in Indonesia
Retail Forex License
MT5 Full License
Global Business
Indonesia Retail Forex License Revoked
High potential risk

Company profile

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

Rating Index

How to login to Java?
Java Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Java Account Registering for a Java account is the first step towards accessing the various features and services offered by the platform. Follow these detailed st

  

Java Forex Broker - Complete Information Guide

  

1. Broker Overview

  Java Global Futures, commonly referred to as Java, was established in 2016 and is headquartered in Tangerang, Banten, Indonesia. This broker operates as a private entity and primarily serves the retail forex market. Java has developed a significant presence within Indonesia, catering to a diverse clientele that includes both novice and experienced traders.

  Since its inception, Java has achieved several milestones, including obtaining regulatory licenses from the Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti) and the Jakarta Futures Exchange (JFX). These licenses have enabled the broker to operate in compliance with Indonesian laws, enhancing its credibility in the financial market.

  Java operates under a retail forex license and offers a range of trading services, including forex trading, commodities, and metals. The company focuses on providing a user-friendly trading experience, utilizing advanced trading platforms such as MetaTrader 5 (MT5). With a commitment to transparency and customer satisfaction, Java has positioned itself as a reliable choice for traders looking to engage in the forex market.

  

2. Regulation and Compliance Information

  Java is regulated by two primary authorities: Bappebti and JFX. The broker holds the following regulatory numbers:

  • Bappebti License Number: 926/Bappebti/SI/8/2006
  • JFX License Number: SPAB-141/BBJ/08/05

  These licenses are valid and cover a range of trading activities, ensuring that Java adheres to the strict guidelines set forth by Indonesian regulatory bodies. By maintaining compliance with local regulations, Java aims to provide a secure trading environment for its clients.

  Client funds at Java are kept in segregated accounts, separate from the broker's operational funds. This practice is designed to enhance the safety of investors' money. Additionally, Java participates in investor compensation schemes, providing an extra layer of protection for clients in the event of financial difficulties.

  Java implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to ensure compliance with international standards. This includes verifying the identity of clients and monitoring transactions for suspicious activities, thereby promoting a secure trading environment.

  

3. Trading Products and Services

  Java offers a diverse range of trading products, primarily focusing on 24 currency pairs, including major, minor, and some exotic pairs. The broker also provides trading opportunities in commodities such as oil, and precious metals like gold and silver. However, Java does not currently offer trading in indices, stocks, or cryptocurrencies, which may limit options for some traders.

  The broker is committed to regularly updating its product offerings, although specific details on the frequency of updates or new product introductions are not publicly available. Java primarily targets retail clients, providing tailored trading services to meet their needs.

  For institutional clients, Java offers specialized services, including white-label solutions and asset management services. These services are designed to cater to the unique requirements of institutional investors, ensuring they receive the support needed to navigate the forex market effectively.

  

4. Trading Platform and Technology

  Java supports the MetaTrader 5 (MT5) trading platform, which is widely recognized for its advanced features and user-friendly interface. The MT5 platform is available for various devices, including PC, Mac, iOS, and Android, allowing traders to access their accounts and execute trades from anywhere.

  In addition to MT5, Java offers a web-based trading platform that provides flexibility for traders who prefer not to download software. The broker does not currently offer a proprietary trading platform, but the MT5 platform is equipped with a range of tools, including advanced charting options, technical indicators, and automated trading capabilities through Expert Advisors (EAs).

  Java operates its servers in Indonesia, ensuring low latency and fast execution speeds for traders. The broker utilizes a Market Making execution model, which may influence the trading conditions experienced by clients. Java also supports API access for automated trading, catering to the needs of algorithmic traders.

  

5. Account Types and Trading Conditions

  Java offers two main account types, with a minimum deposit requirement of $200 for the standard account. The trading conditions for this account are as follows:

  • Minimum Deposit: $200
  • Spread: Starting from 1.5 pips
  • Commission: None

  For more advanced traders, Java also offers a Titan account, which requires a higher minimum deposit of $2,000. This account type may provide additional benefits, although specific details on the advantages are not clearly outlined.

  The broker allows a maximum leverage of 1:200, which can amplify both profits and losses. Traders can open positions with a minimum lot size of 0.1, and the margin call level is set at 10%. Java permits trading strategies such as scalping, hedging, and the use of EAs.

  Java's overnight fees and specific commission structures remain undisclosed, which may be a point of concern for potential clients looking for transparency in trading costs.

  

6. Fund Management

  Java supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with the standard account requiring $200 and the Titan account requiring $2,000.

  The processing time for deposits is generally instant for credit cards and e-wallets, while bank transfers may take 2-5 business days. However, specific details regarding deposit fees are not provided on the broker's website.

  Withdrawal methods include bank transfers and electronic wallets, but the exact details on withdrawal fees and processing times are not clearly stated. Java aims to ensure that withdrawals are processed efficiently, although clients may experience delays depending on the method chosen.

  

7. Customer Support and Educational Resources

  Java provides customer support through multiple channels, including phone, email, online chat, and social media platforms. The support team is available 24/5, ensuring that traders can receive assistance during trading hours. Multilingual support is offered, catering to a diverse client base.

  The broker also offers a range of educational resources, including webinars, tutorials, and e-books designed to help traders enhance their skills and knowledge. Market analysis services, such as daily reports and news updates, are available to assist clients in making informed trading decisions.

  Java provides various trading tools, including calculators, economic calendars, and signal services to support traders in their trading activities.

  

8. Regional Coverage and Restrictions

  Java primarily serves clients in Indonesia and has established a strong local presence. The broker does not specify any additional regional offices outside of Indonesia, focusing its operations within the country.

  While there are no explicitly listed countries or regions from which clients are restricted, it is advisable for potential clients to verify their eligibility based on local regulations. Java aims to provide its services to a broad audience, although specific limitations may apply depending on jurisdictional requirements.

  In conclusion, Java presents itself as a regulated and reliable option for traders seeking to engage in the forex market. With its competitive trading conditions, robust support, and commitment to compliance, Java is well-positioned to serve the needs of its clients. As the broker continues to evolve, it remains essential for potential clients to stay informed about any changes to its offerings or regulatory status.

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Latest Reviews

FX3829426456

FX3829426456

Indonesia

Withdrawals are very fast the signals are consistent complete education every day by analysts market updates😀

Positive

05-23

A九月九

A九月九

Ecuador

A few days ago I saw ads about this company so I decided to see it on wikifx, but I discovered that its trading conditions are not so attractive, because although it does not charge commissions, the spreads are relatively high. For my trading habits, I prefer brokers with fixed commission and low spreads.

37130

2022-11-25

Java Forex Broker has an overall rating of 5.74, Regulatory Index 6.40, License Index 5.87, Business Index 7.39, Software Index 8.43 Risk Control Index 0.00.