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Tom Nalichowski
Within 1 year

Does Kontakperkasa Futures charge any undisclosed fees when making deposits or withdrawals?

Broker Issues
Kontakperkasa Futures
Fees and Spreads
03-28
United States
WikiFX
Reply

From my experience and research into Kontakperkasa Futures, I found that their deposit and withdrawal processes primarily rely on standard bank transfers with both IDR and USD account options available via major Indonesian banks. The broker outlines its commissions, VAT, and overnight fees quite transparently. In my review, I did not encounter any specific mention of hidden or undisclosed fees related to deposits or withdrawals themselves. The official information indicates that withdrawal processing typically takes one working day, and the process involves verification of both identity and transaction records—standard procedures with regulated brokers in Indonesia. That said, as a cautious trader, I always consider the possible influence of intermediary bank charges, especially when dealing with cross-border transactions or currency conversions, which may be outside the broker’s control but can nonetheless impact actual receivable amounts. Importantly, I did come across at least one user comment expressing frustration about withdrawal delays, though this seemed to pertain more to processing times rather than hidden fees. For me, dealing with regulated brokers like Kontakperkasa Futures—with oversight from BAPPEBTI—does provide a baseline sense of security regarding fee transparency. Still, I routinely confirm all fee-related details directly with customer support before conducting significant transfers and recommend that other traders do the same to minimize surprises.

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