Asia Trade Point Futures forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of 0, a liquidation rate of %, a spread cost of 0.00, etc
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Business
License
BAPPEBTI Revoked 
Asia Trade Point Futures Broker Trade
Asia Trade Point Futures Trade: A Comprehensive Review
The foreign exchange (Forex) market is a pivotal arena for global finance, offering opportunities for traders to engage in currency trading, commodities, and derivatives. Among the many brokers operating within this space, Asia Trade Point Futures (ATPF) has made its mark since its inception in 2004. However, potential investors must navigate through its regulatory status and service offerings before committing their capital. This article aims to answer three critical questions:
- What are the trading conditions and services offered by Asia Trade Point Futures？
- How does the trading platform compare to industry standards？
- What are the strengths and weaknesses of this broker in terms of safety and customer support？
- Multiple Customer Support Channels: ATPF offers various customer support options, including phone, email, and social media, which can facilitate communication for clients.
- Diverse Market Instruments: The broker provides a wide range of trading instruments, allowing clients to diversify their portfolios.
- Competitive Spreads: The advertised spreads of 1.0 pips for major currency pairs are competitive compared to many other brokers.
- Revoked Regulatory License: The revoked license from Bappebti poses significant risks for clients, as it indicates a lack of oversight and protection.
- Unavailability of Official Website: The broker's official website is currently non-functional, limiting access to essential information and updates.
Broker Overview and Trading Conditions
| Established | Regulatory Authority | Headquarters | Minimum Deposit | Leverage | Average Spread |
|---|---|---|---|---|---|
| 2004 | Bappebti (Revoked) | Jakarta, Indonesia | IDR 10 million (~$700) | Not Applicable | 1.0 pips (EUR/USD) |
Asia Trade Point Futures is a Jakarta-based brokerage firm that has been operational since 2004. It offers a range of trading instruments, including forex, commodities, and index futures. However, its regulatory status raises concerns as it only holds a revoked license from the Indonesian Commodity Futures Trading Regulatory Agency (Bappebti). This lack of regulation increases the risks for potential clients, making it imperative to conduct thorough due diligence before investing.
In terms of trading conditions, ATPF claims to provide competitive spreads starting at 1.0 pips for major currency pairs, which is lower than the industry average of around 1.5 pips. However, the absence of leverage details is a notable gap, as many traders rely on leverage to enhance their trading potential. The minimum deposit requirement of IDR 10 million (~$700) is also significantly higher than many reputable brokers that allow entry with as little as $100.
Trading Platforms and Product Analysis
Asia Trade Point Futures offers several trading platforms, including its proprietary ATPF Trader 4, the Jafets-Colt platform, and the J-Trader platform. While these platforms provide basic functionality, they do not offer the advanced features found in popular platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are widely favored for their comprehensive analytical tools and automated trading capabilities.
Trading Instruments Overview
| Currency Pair Category | Number Offered | Minimum Spread | Trading Hours | Commission Structure |
|---|---|---|---|---|
| Major Pairs | 10+ | 1.0 pips | 24/5 | None Specified |
| Minor Pairs | 5+ | 2.0 pips | 24/5 | None Specified |
| Exotic Pairs | 3+ | 4.0 pips | 24/5 | None Specified |
The execution speed on ATPF's platforms is reported to be satisfactory, though specific data on slippage is not provided. Traders should be cautious, as the lack of transparency regarding execution conditions may affect trading outcomes.
Advantages, Disadvantages, and Safety Assessment
Advantages
Disadvantages
Regarding safety, ATPF does not provide adequate information about its security measures or client protection policies. The absence of a valid regulatory framework raises concerns about the safety of client funds. Potential clients should consider the risks involved and seek alternative, regulated brokers for a safer trading experience.
Practical Strategy and Summary Recommendations
For traders looking to navigate the Asia Trade Point Futures platform, a basic strategy could involve focusing on major currency pairs, given their lower spreads. Traders can implement a simple trend-following strategy, entering positions in the direction of the prevailing trend while employing risk management techniques, such as stop-loss orders, to mitigate potential losses.
In conclusion, while Asia Trade Point Futures offers a variety of trading instruments and support channels, its revoked regulatory status and non-functional website present significant risks. Therefore, it may be more suitable for experienced traders who can navigate these challenges rather than novice investors.
FAQ
1. Is Asia Trade Point Futures a regulated broker？
No, ATPF currently holds a revoked license from Bappebti, which raises concerns about its regulatory status.
2. What is the minimum deposit required to open an account？
The minimum deposit is IDR 10 million, approximately $700.
3. What trading platforms does Asia Trade Point Futures offer？
ATPF offers its proprietary ATPF Trader 4, Jafets-Colt, and J-Trader platforms, but does not support MT4 or MT5.
Risk Warning: Trading in the forex market involves significant risk and can lead to the loss of all invested capital. It may not be suitable for all traders or investors. Ensure you understand the risks involved before engaging in trading activities.