Equityworld Futures 2025 Review: Everything You Need to Know
Equityworld Futures, an Indonesian brokerage established in 2005, offers a range of trading services under the regulation of BAPPEBTI, the Indonesian Commodity Futures Trading Regulatory Agency. This review synthesizes various user experiences and expert opinions to provide a comprehensive overview of the brokers strengths and weaknesses. While the broker is regulated, concerns regarding user experiences and withdrawal issues have been raised, making it essential for potential clients to proceed with caution.
Note: It is important to consider that different entities operate under similar names, which may lead to confusion. This review focuses specifically on Equityworld Futures as regulated by BAPPEBTI in Indonesia.
Rating Overview
We assess brokers based on a combination of user reviews, expert analyses, and factual data.
Broker Overview
Equityworld Futures was founded in 2005 and operates under the regulatory oversight of BAPPEBTI, holding a retail forex license (License No. 850/BAPPEBTI/SI/12/2005). The broker provides access to various trading platforms, including a proprietary web trader and mobile app, but does not support popular platforms like MT4 or MT5. Traders can engage in a range of asset classes, including forex, commodities, and futures contracts, notably the 250-gram gold futures contract.
Detailed Insights
Regulated Geographic Areas
Equityworld Futures is primarily regulated in Indonesia, which means it adheres to local laws and regulations. However, the regulatory framework is often viewed as less stringent compared to those in more developed markets, which may raise concerns for international traders.
Deposit/Withdrawal Methods and Currencies
The broker accepts deposits in Indonesian Rupiah (IDR) and processes withdrawals typically within 1 to 3 working days. However, user complaints have surfaced regarding difficulties in withdrawing funds, with some clients reporting significant delays or complete inability to access their capital.
Minimum Deposit
The minimum deposit required to open an account with Equityworld Futures is relatively low at $250, making it accessible for new traders. However, higher-tier accounts are available for those looking to invest more, with options for Gold, Platinum, and VIP accounts that require deposits of $25,000, $100,000, and $250,000, respectively.
Information regarding bonuses or promotional offers was not prominently featured in the sources reviewed. This may indicate a lack of competitive promotions compared to other brokers in the market.
Tradable Asset Classes
Equityworld Futures offers a variety of asset classes, including forex pairs, commodities, and futures contracts. Notably, the broker provides access to gold futures, which can be attractive to traders looking to hedge against market volatility.
Costs (Spreads, Fees, Commissions)
The broker charges a facility fee of $15 per lot per side, plus an 11% VAT, resulting in a total cost of approximately $30 for a single lot transaction. This fee structure may be considered high compared to other brokers, especially for traders who engage in frequent trading.
Leverage
Leverage options were not explicitly detailed in the sources reviewed, but it is important for traders to understand the potential risks associated with high leverage in volatile markets.
Equityworld Futures does not support widely used trading platforms like MT4 or MT5, which may deter experienced traders who prefer these platforms for their advanced features and tools.
Restricted Regions
There is limited information regarding specific countries or regions where Equityworld Futures is unavailable. However, some reviews indicate that accessibility may be restricted in certain areas, which could affect potential clients.
Available Customer Service Languages
Customer support is available in several languages, including English, which is beneficial for international clients. However, user reviews suggest that responsiveness and service quality may be lacking, with some clients expressing frustration over unreturned inquiries.
Final Rating Overview
Detailed Breakdown
Account Conditions
Equityworld Futures provides a variety of account types, with a low minimum deposit requirement. However, the high facility fees may deter frequent traders.
The broker offers limited educational resources and analysis tools, which may not meet the needs of traders seeking comprehensive market insights.
Customer Service and Support
Customer service has received mixed reviews, with reports of slow response times and unaddressed inquiries, raising concerns about client support.
Trading Setup/Experience
While the trading platform is user-friendly, the lack of support for popular trading platforms like MT4 and MT5 may limit the appeal for seasoned traders.
Trust Rating
Despite being regulated, user experiences highlight significant concerns regarding fund withdrawals, which could affect overall trust in the broker.
User Experience
Overall user experiences vary, with some positive feedback regarding the trading system, while others report serious issues with withdrawals and customer service.
In conclusion, while Equityworld Futures offers a regulated trading environment with competitive entry points, potential clients should weigh the risks associated with user-reported withdrawal issues and the broker's overall service quality. As always, thorough research and consideration of user experiences are essential when choosing a trading platform.
