Phillip Futures Forex Broker

Phillip Futures Review SummaryFounded1975Registered Country/RegionIndonesiaRegulationICDX, BAPPEBTIMarket InstrumentsGold & Forex, US Stocks, Stock Indices, and CommoditiesDemo Account✅Trading PlatformNova 2.0, MetaTrader 5, and JAFeTS NOWMinimum DepositUSD 500 or equivalentCustomer SupportTel: (021) 5790 6525Email: futures@phillip.co.idPhillip Futures Information Phillip Futures, regulated in Indonesia by ICDX and BAPPEBTI, is an online trading platform that provides access to Gold & Forex, US Stocks, Stock Indices, and Commodities via platforms like Nova 2.0, MetaTrader 5, and JAFeTS NOW. With demo accountS option, they provide both individual and corporate accounts with a high minimum deposit of $500.Pros and ConsProsConsRegulated by ICDX and BAPPEBTIUnclear fee structureMultiple trading platforms and mobile appsHigh minimum depositDemo accounts availableMT5 supportedLong operation timeDiverse tradable assetsIs Phillip Futures Legit? Phillip Futures has a Retail Forex License regulated by the Indonesia Commodity and Derivatives Exchange (ICDX) in Indonesia. It also has another Retail Forex License regulated by BAPPEBTI in Indonesia with a license number of 69/BAPPEBTI/SI/9/2010.Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.Indonesia Commodity and Derivatives Exchange (ICDX)RegulatedIndonesiaRetail Forex LicenseUnreleasedBadan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI)RegulatedIndonesiaRetail Forex License69/BAPPEBTI/SI/9/2010 What Can I Trade on Phillip Futures? Phillip Futures offers trading in Gold & Forex, US Stocks (Apple, Tesla, Nike), Stock Indices (Micro E-mini US, FTSE Indonesia, FTSE China A50), and Commodities (Micro WTI Crude Oil, E-micro Gold, Soft).Tradable InstrumentsSupportedGold ✔Forex✔US Stocks✔Stock Indices✔Commodities✔Cryptocurrencies❌Bonds❌Options❌ETFs❌Account Type Phillip Futures offers two main account types: individual and corporate. A demo account option is also available.Account TypeMinimum DepositDocuments RequiredIndividualUSD 500 or equivalentID Card (KTP) / Passport, Recent Photograph, NPWP (Tax ID), Last 3 months bank/credit card/utility/phone bill/saving book (relevant part)/employment letter/income statementCorporateUSD 25,000 or equivalentLatest Audited Financial Statements, Certificate of Incorporation/Registration, Memorandum and Articles of Association, Board Resolution or Power of Attorney, List of Authorized Signatories and List of Authorized Traders, Photocopies of ID/Passport of All Directors, Authorized Signatories & ShareholdersTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable forNova 2.0✔PC, IOS and Android/MetaTrader 5✔PC, IOS and AndroidExperienced tradersJAFeTS NOW✔PC, IOS and Android/MetaTrader 4❌/Beginners