PT.CCAM Forex Broker provides real users with * positive reviews, 1 neutral reviews and * exposure review!
Business
License
BAPPEBTI Revoked 
This Indonesian trader is not professional at all. If the oil price on other platforms rises, it will not move, and I will not be allowed to buy. I traded with this platform for less than a month, and I lost 20,000 Hong Kong dollars. I am really speechless. I should not listen to this platform that others randomly introduced to me.
PT.CCAM has emerged as a notable player in the Forex and CFD trading landscape since its inception in 2016. This review consolidates insights from various sources, providing an overview of the broker's strengths, weaknesses, and overall reputation in the market.
Summary: Overall, PT.CCAM is perceived as a reputable and regulated broker in Indonesia, offering a variety of trading services. However, the absence of popular trading platforms like MT4 and MT5, along with limited client insurance, raises some concerns among potential traders.
Note: It is essential to recognize that PT.CCAM operates under different regulatory frameworks depending on the region, which may affect its services and protections. This review aims to present a balanced view of the broker's offerings and user experiences.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 7.5 |
| Tools and Resources | 6.0 |
| Customer Service and Support | 7.0 |
| Trading Experience | 6.5 |
| Trustworthiness | 8.0 |
| User Experience | 7.0 |
How We Rate Brokers: Our ratings are derived from comprehensive analysis, including user feedback, expert opinions, and factual data from various online sources.
PT.CCAM, officially known as PT.CCAM Berjangka Indonesia, was established in 2016 and is headquartered in Jakarta, Indonesia. The broker is regulated by the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI), which adds a layer of credibility in the local market. However, PT.CCAM does not offer the widely used MetaTrader 4 or MetaTrader 5 platforms, instead providing a proprietary web-based platform, which may limit advanced trading functionalities for experienced traders. The broker offers access to various financial instruments, including Forex, CFDs, commodities, and indices.
PT.CCAM operates under the regulation of BAPPEBTI in Indonesia, which provides a certain level of oversight. However, the lack of international regulation may be a concern for some traders, especially those looking for more robust protections typically offered by top-tier regulators like the FCA or ASIC.
The primary currency for deposits and withdrawals is Indonesian Rupiah (IDR). While PT.CCAM does not explicitly mention support for cryptocurrencies, it is essential to verify this aspect directly with the broker.
The minimum deposit requirement is not clearly stated across all sources, but it generally appears to be competitive compared to other brokers in the region.
Currently, PT.CCAM does not prominently advertise any bonuses or promotions. Traders should inquire directly for any ongoing offers, as this could impact their trading strategy.
PT.CCAM provides a diverse range of tradable assets, including major and minor currency pairs, CFDs on commodities, and indices. This variety allows traders to diversify their portfolios, although the absence of popular platforms may limit trading strategies.
The spreads offered by PT.CCAM are reported to be competitive, with an overall score of 4.7 out of 10 based on user feedback. However, specific details regarding commissions and hidden fees are less transparent, which could be a potential drawback for new traders.
PT.CCAM offers leverage options, but the specific ratios depend on the asset class and regulatory requirements in Indonesia. Traders should ensure they understand the risks associated with high leverage.
As mentioned, PT.CCAM does not support MT4 or MT5, which are favored by many traders for their advanced features and customization options. Instead, it utilizes a proprietary web-based platform, which may not meet the needs of all traders.
While PT.CCAM primarily serves clients in Indonesia, traders from other regions should verify any restrictions that may apply based on local regulations.
Customer support is available in Bahasa Indonesia, and English, ensuring that traders can receive assistance in their preferred language.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 7.5 |
| Tools and Resources | 6.0 |
| Customer Service and Support | 7.0 |
| Trading Experience | 6.5 |
| Trustworthiness | 8.0 |
| User Experience | 7.0 |
Account Conditions (7.5/10): PT.CCAM offers competitive account conditions, but the specifics regarding minimum deposits and fees are not well-documented, leading to some ambiguity.
Tools and Resources (6.0/10): The absence of MT4 and MT5 is a significant drawback, as many traders prefer these platforms for their robust analytical tools and automated trading capabilities.
Customer Service and Support (7.0/10): Customer support is generally responsive, with multiple channels for communication. However, the lack of comprehensive educational resources may hinder new traders.
Trading Experience (6.5/10): While the trading experience is satisfactory, the proprietary platform may not cater to all traders' needs, particularly those accustomed to more advanced trading software.
Trustworthiness (8.0/10): The regulatory oversight from BAPPEBTI enhances PT.CCAM's credibility, although the lack of international regulation may be a concern for some traders.
User Experience (7.0/10): Overall, user experiences appear to be positive, though there are concerns about transparency regarding fees and trading conditions.
In conclusion, PT.CCAM presents a solid option for traders in Indonesia, especially for those who prioritize working with a regulated broker. However, potential clients should weigh the limitations of the trading platform and the need for transparency in fee structures before committing their capital. As always, thorough research and consideration of personal trading needs are essential when selecting a broker.
