Universal Futures, established between 2 to 5 years ago, is a prominent forex brokerage firm headquartered in West Jakarta, Indonesia. The company operates as a private entity and has gained a solid reputation within the financial markets, particularly in the forex and CFD trading sectors. Serving a diverse clientele that includes retail traders and institutional investors, Universal Futures has positioned itself as a reliable platform for trading various financial instruments.
The company has achieved significant milestones since its inception, including obtaining regulatory licenses from prominent authorities in Indonesia. These milestones not only enhance its credibility but also contribute to its growth in the competitive trading landscape. Universal Futures primarily focuses on retail forex trading, offering a range of services that cater to both novice and experienced traders.
The business model of Universal Futures revolves around providing trading services for futures contracts and options, making it a valuable resource for traders looking to manage risk and speculate on market movements. The firm's commitment to regulatory compliance and customer service further solidifies its standing in the industry.
Universal Futures operates under the supervision of two main regulatory bodies in Indonesia: the Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) and the Jakarta Futures Exchange (JFX). The brokerage holds the following regulatory licenses:
These licenses are valid for retail forex trading activities, ensuring that Universal Futures adheres to the regulations set forth by Indonesian authorities. The company is committed to safeguarding client funds through strict policies on fund segregation, ensuring that client deposits are kept separate from company funds.
Universal Futures implements robust KYC (Know Your Customer) and AML (Anti-Money Laundering) measures to comply with regulatory standards. This includes thorough identity verification processes and ongoing monitoring of transactions to prevent fraudulent activities. The firm's compliance with these regulations enhances client trust and confidence in its services.
At Universal Futures, a wide array of trading products is available, primarily focusing on futures contracts and options. The brokerage offers a variety of forex currency pairs, allowing traders to engage in diverse trading strategies. The main currency pairs include major currencies such as:
In addition to forex, Universal Futures provides access to various CFD products, including indices, commodities, and cryptocurrencies. This diverse product range enables traders to take advantage of different market conditions and investment opportunities.
The firm frequently updates its product offerings, ensuring that clients have access to the latest trading instruments. The retail trading services are designed to accommodate traders of all experience levels, while institutional services are available for larger clients seeking tailored solutions.
Universal Futures utilizes the widely acclaimed MetaTrader 4 (MT4) trading platform, renowned for its user-friendly interface and comprehensive features. The platform supports advanced charting tools, real-time market quotes, and a variety of technical analysis indicators, empowering traders to make informed decisions.
The brokerage also offers mobile trading applications for both iOS and Android, allowing clients to trade on the go and manage their portfolios conveniently. In addition to MT4, Universal Futures is exploring the integration of MetaTrader 5 (MT5) to further enhance its trading capabilities.
The execution model employed by Universal Futures is primarily Market Making, which allows for efficient trade execution. The firm's servers are located in Cyprus, ensuring optimal performance and low latency for traders. Universal Futures also supports API access, facilitating automated trading strategies for those who prefer algorithmic trading.
Universal Futures offers a variety of account types designed to meet the diverse needs of its traders:
Universal Futures provides a demo account option, allowing new traders to practice their strategies without financial risk. The leverage offered varies by account type, enabling traders to optimize their capital efficiency according to their risk tolerance.
Universal Futures supports a range of deposit and withdrawal methods, ensuring flexibility and convenience for its clients. The available funding methods include:
The minimum deposit requirement varies by account type, with the micro account starting at $100. Deposit processing times typically range from 1 to 5 business days, depending on the method used.
Deposit fees are minimal, ranging from $1 to $5, while withdrawal fees vary from $10 to $25. Clients can expect withdrawal processing times of 1 to 3 business days, depending on the chosen method. Universal Futures maintains a transparent fee structure, allowing traders to manage their funds effectively.
Universal Futures is dedicated to providing robust customer support through various channels, including:
The customer service team is available during business hours, accommodating clients across different time zones. The brokerage supports multiple languages, ensuring effective communication with its diverse clientele.
In terms of educational resources, Universal Futures offers a range of materials, including webinars, tutorials, and e-books, to help traders enhance their knowledge and skills. The firm also provides market analysis services, delivering daily insights, news, and research reports to keep clients informed about market trends.
Universal Futures primarily serves clients in Indonesia, with its operations centered in West Jakarta. The brokerage has plans to expand its reach to a more global audience, but currently, its services are limited to specific regions.
Certain countries may face restrictions in accessing Universal Futures' services due to regulatory compliance and legal limitations. It is essential for potential clients to review the brokerages terms of service to determine eligibility based on their geographical location.
In conclusion, Universal Futures has established itself as a reputable forex broker, offering a wide range of trading products and services. With its strong regulatory foundation, user-friendly trading platform, and commitment to customer support, it provides a secure and efficient trading environment for both retail and institutional clients. Traders interested in exploring the offerings of Universal Futures are encouraged to conduct thorough research and consider opening a demo account to assess the platform's suitability for their trading needs.
FX1348425287
Indonesia
I had a terrible experience with Universal Futures. They lured me to deposit money, claiming to provide a safe and secure trading platform. However, it was not true, as the company was not regulated by any authority, which left me vulnerable to fraudulent activities. To make matters worse, I was scammed out of 2000 USD on this platform. It is not safe to invest money in such an unregulated and untrustworthy company. I would strongly advise others to stay away from Universal Futures to avoid such
Positive
2023-03-21