FirstState-Futures

According to WikiFX data, FirstState-Futures holds a regulated license from the Jakarta Futures Exchange (JFX) under registration number SPAB-058/BBJ/01/04, which provides a structured regulatory foundation. However, the broker also has unverified license applications with BAPPEBTI and ICDX, indicating ongoing regulatory processes. The overall WikiFX score of 6.17 reflects a balanced profile, with a regulatory index of 4.94 and risk control index of 8.22. While the broker operates under a recognized framework, traders should consider the incomplete regulatory status of additional licenses when evaluating safety.

Yes, FirstState-Futures is regulated by the Jakarta Futures Exchange (JFX) with a Derivatives Trading License (AGN), license number SPAB-058/BBJ/01/04. The broker also holds license applications with Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) under number 338/BAPPEBTI/SI/IV/2004 and with the Indonesia Commodity and Derivatives Exchange (ICDX) under number 037/SPKB/ICDX/Dir/VIII/2010, but both of these are currently listed as unverified.

The minimum deposit amount for FirstState-Futures is not publicly disclosed. Traders are advised to contact the broker directly or refer to official account documentation for specific deposit requirements.

FirstState-Futures supports the MetaTrader 4 (MT4) platform with a full genuine license. According to WikiFX verification, the broker has 2 MT4 server instances and no MT5 support. The average order execution speed on MT4 is 53.33 ms, indicating efficient trade processing.

Pros: 1. Regulated by the Jakarta Futures Exchange (JFX) with a valid Derivatives Trading License. 2. Provides a genuine full-license MT4 platform with an average execution speed of 53.33 ms. 3. Operates within a structured regulatory environment in Indonesia, offering basic investor protections. Cons: 1. Two additional license applications with BAPPEBTI and ICDX remain unverified, indicating pending regulatory clarity. 2. Regional availability is limited to Indonesia, which may restrict access for international traders.

Based on WikiFX user reviews, the feedback for FirstState-Futures is positive. One user praised the platform's setup and low commissions (USD 0.25 per trade), giving a five-star rating. Another comment noted the website is available only in Indonesian, which may limit some users, but no significant negative complaints or exposure have been reported.

Due to the temporary lack of publicly available data, it is not possible to determine whether it is available in the United States. In general, to judge whether a broker can be used in a certain region, you can refer to the following aspects: 1. Regulatory qualifications: Check whether the broker is regulated by major regulators (such as the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission in the United States). 2. Legal restrictions: Different countries and regions have different laws and regulations on forex and CFD trading. Some platforms may not provide services in certain regions. 3. Account opening information: Check whether the broker allows users from that region to register accounts. 4. Official announcements and customer service: Confirm the local usage policy through the broker's official website or customer service. 5. User feedback: Refer to other users' experience and complaints in that region. You can use the information above to judge its availability in the United States. At the same time, you can follow WikiFX updates on regulatory and availability data to get more accurate reference.

Due to the temporary lack of sufficient regulatory information, it is not possible to directly determine whether it is suitable for beginners. In general, regulation should be the primary reference: make sure the broker is regulated by well-known regulators (such as the FCA, ASIC, and CySEC). When regulatory information is incomplete, you can also refer to the following points: 1. Account types: Accounts suitable for beginners usually have a low minimum deposit, moderate leverage, and provide demo accounts for practice. 2. Fee transparency: Spreads and commissions are clear, with no hidden fees. This helps beginners control trading costs. 3. Trading platforms: Support easy platforms such as MT4/MT5, and provide guides or learning materials. 4. Risk control: Provide protections such as negative balance protection and fund segregation to reduce risks. 5. Customer support: Provide timely customer service and training materials to help beginners solve problems. You can use these points to judge whether the broker is suitable for beginners. You can also follow WikiFX updates on ratings and reviews to get more accurate information.

Due to the temporary lack of sufficient deposit and withdrawal data, it is not possible to directly determine its convenience and processing speed. In general, to judge whether a broker's deposit and withdrawal are convenient, you can refer to the following aspects: 1. Supported payment methods: Multiple payment methods such as bank transfer, credit/debit cards, and e-wallets are usually more flexible. 2. Processing time: Whether the deposit and withdrawal processing time is reasonable. Bank transfers usually take 1–5 working days, while electronic payments may be faster. 3. Fees and limits: Check whether there are high fees, minimum or maximum deposit and withdrawal limits, or hidden charges. 4. Transparency of the deposit and withdrawal process: Whether detailed operation instructions and customer service support are provided, which makes it easier for beginners to operate. 5. User feedback: You can refer to other users' deposit and withdrawal experience and platform reviews. You can use these aspects to evaluate the convenience of the broker's deposit and withdrawal. At the same time, you can follow updates from WikiFX on related data and user reviews to get more accurate information.

According to WikiFX user reviews, FirstState-Futures has received positive feedback. One user praised the platform's features and low commissions, giving a five-star rating and describing it as a great trading platform. Another comment noted the website is only available in Indonesian, which may limit accessibility for non-Indonesian speakers. Overall, no negative exposure or complaints have been recorded, indicating a favorable user perception.

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.