TRFX Garuda Berjangka Broker Review

　　

TRFX Garuda Berjangka 2025 Review: Everything You Need to Know

　　

Summary

　　The overall assessment of TRFX Garuda Berjangka is predominantly negative, with numerous sources highlighting concerns regarding its regulatory status, user experience, and customer support. Despite offering forex rebates and a trading platform, the broker faces scrutiny for its transparency and reliability.

　　Note: It is crucial to consider that TRFX Garuda Berjangka operates under different regional entities, which may affect its legitimacy. A thorough approach was taken to ensure fairness and accuracy in this review.

　　

Ratings Overview

Category	Rating (out of 10)
Account Conditions	4
Tools and Resources	5
Customer Service and Support	3
Trading Setup (Experience)	4
Trustworthiness	2
User Experience	3

　　

How We Rate Brokers

　　Our ratings are based on a combination of user feedback, expert opinions, and factual data regarding the broker's offerings.

　　

Broker Overview

　　TRFX Garuda Berjangka, established in 2007, is an Indonesian forex broker that claims to offer a modern trading experience through the popular MetaTrader 4 platform. The broker primarily focuses on forex trading, though it remains unclear which specific assets are available for trading due to a lack of accessible information. The regulatory oversight comes from the Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti) in Indonesia, which has raised concerns about its credibility among traders.

　　

Detailed Section

　　

Regulatory Regions

　　TRFX Garuda Berjangka is regulated in Indonesia by Bappebti. However, the broker has faced criticism for its regulatory status, with some sources labeling it as a "suspicious clone" and warning traders about potential risks associated with investing through this broker. The lack of a robust regulatory framework may lead to significant concerns for prospective clients.

　　

Deposit/Withdrawal Currencies

　　The specific currencies for deposits and withdrawals have not been clearly outlined in the available resources. This lack of transparency can be a red flag for potential traders, as it is crucial to know the available options before committing funds.

　　

Minimum Deposit

　　Information regarding the minimum deposit required to open an account with TRFX Garuda Berjangka is scarce. This omission can deter potential clients who seek clarity on the initial investment required.

　　

Bonuses/Promotions

　　While TRFX Garuda Berjangka advertises forex rebates as a part of its offerings, the details surrounding these promotions are vague. According to various sources, these rebates are designed to lower trading costs by returning a portion of the spread to traders. However, the effectiveness and clarity of these promotions remain questionable.

　　

Tradable Asset Classes

　　The broker claims to offer forex trading, yet there is limited information about other available asset classes. This lack of detail may limit the appeal for traders looking for a diverse trading portfolio.

　　

Costs (Spreads, Fees, Commissions)

　　Multiple reviews indicate that TRFX Garuda Berjangka has a poor rating concerning pricing and costs. The specifics regarding spreads and commissions have not been adequately disclosed, leading to uncertainty about the overall trading costs associated with this broker.

　　

Leverage

　　The maximum leverage offered by TRFX Garuda Berjangka is unclear. Given the variability in leverage options among brokers, this information is crucial for traders looking to maximize their trading potential.

　　

Allowed Trading Platforms

　　TRFX Garuda Berjangka primarily offers the MetaTrader 4 platform, which is well-regarded in the trading community for its reliability and comprehensive features. However, the absence of information regarding the availability of other platforms, such as MetaTrader 5, may limit options for traders.

　　

Restricted Regions

　　The available resources do not specify any restricted regions for TRFX Garuda Berjangka, leaving potential clients uncertain about where they can legally operate.

　　

Available Customer Support Languages

　　Customer support is reportedly limited, with English being the primary language offered. However, the overall rating for customer service is low, indicating that traders may face challenges when seeking assistance.

　　

Repeat Ratings Overview

Category	Rating (out of 10)
Account Conditions	4
Tools and Resources	5
Customer Service and Support	3
Trading Setup (Experience)	4
Trustworthiness	2
User Experience	3

　　

Detailed Breakdown

• 　　Account Conditions (Rating: 4/10): The lack of clear information about account types and minimum deposits raises concerns about the broker's transparency, which is critical for potential clients.

• 　　Tools and Resources (Rating: 5/10): While TRFX Garuda Berjangka offers the MetaTrader 4 platform, the absence of educational resources or trading tools limits the support available for traders.

• 　　Customer Service and Support (Rating: 3/10): Reviews indicate that customer support is lacking, with users expressing frustration over the difficulty in obtaining assistance.

• 　　Trading Setup (Experience) (Rating: 4/10): The overall trading experience is hindered by the lack of transparency regarding fees and account conditions, making it challenging for traders to make informed decisions.

• 　　Trustworthiness (Rating: 2/10): The broker's regulatory status and negative feedback from users contribute to a low trust rating, suggesting that potential clients should proceed with caution.

• 　　User Experience (Rating: 3/10): User reviews highlight dissatisfaction with the broker's services, particularly concerning customer support and transparency.

　　In conclusion, TRFX Garuda Berjangka presents a mixed bag of offerings but is marred by significant concerns regarding its trustworthiness and regulatory status. Potential traders should exercise caution and thoroughly research before engaging with this broker, especially considering the negative feedback and lack of transparency surrounding its services.