Score

1.54 /10
Danger

ARTAMAS FUTURES

Indonesia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.22

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

PT. Arta Mas Futures

Company Abbreviation

ARTAMAS FUTURES

Platform registered country and region

Indonesia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

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ARTAMAS FUTURES · Company summary

General Information

ARTAMAS says it is a brokerage company based in Indonesia and regulated by BAPPEBTI (Commodity Futures Trading Supervisory Agency), claiming to provide its clients with the worlds most popular trading platform (MT4), leverage up to 1:100, competitive spreads on various tradable assets, and 24-hour customer support services.

Market Instruments

ARTAMAS advertises that it mainly offers four different classes of trading instruments in financial markets, including forex, stock index, loco London gold and multilateral commodities.

Account Types

Unlike those brokers who offer different account types, ARTAMAS only gives its traders a Standard account and the information of the minimum initial deposit amount is unspecified. Also, it seems that the broker offers Segregated accounts, yet we have no way to get more details due to its broken links.

Leverage

The maximum leverage ratio provided by ARTAMAS is up to 1:100. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

ARTAMAS seems to provide its clients on the Standard accounts with fixed spread from 3 pips and $500 commission per lot.

Trading Platform Available

When it comes to trading platforms available,ARTAMAS gives traders the worlds most widely-used MetaTrader4 platform, available on desktop, mobile and web versions. MT4 is known as one of the most successful, efficient, and competent forex trading software, featuring with many layers of customization, Expert Advisors and signal-following. While with MT4 mobile versions, trading can be done from anywhere and at any time.

Deposit & Withdrawal

ARTAMAS only accepts payment methods via Bank Transfer. There are no obvious options for using popular online payment platforms such as PayPal, Skrill, or Neteller.

Customer Support

ARTAMAS customer support can be reached through fax: +622129022409, telephone: +6285738215514, +622129022408 (hunting), email: support@artamasfutures.com. Company address: Grand Slipi Tower 19th floor unit 19-i Jl. S Parman Kav 22-24 Palmerah Jakarta Barat 11480, Indonesia.

User Reviews

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User comment

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Comments

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miradafria529
more than one year
I had a terrible experience with ARTAMAS. They scammed me out of my money and refused to give me a refund. The platform was very unstable, and I experienced a lot of slippage, which caused me to lose money on several trades. The deposit and withdrawal process was also a nightmare, as it took me weeks to get my funds back. I would not recommend ARTAMAS to anyone, and I advise you to stay away from them at all costs.
I had a terrible experience with ARTAMAS. They scammed me out of my money and refused to give me a refund. The platform was very unstable, and I experienced a lot of slippage, which caused me to lose money on several trades. The deposit and withdrawal process was also a nightmare, as it took me weeks to get my funds back. I would not recommend ARTAMAS to anyone, and I advise you to stay away from them at all costs.
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2023-04-23 15:53
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1220229903
more than one year
I was looking for a reliable Forex broker and came across ARTA MAS FUTURES. The trading conditions looked good, with low trading fees and favorable trading leverage. However, I was disappointed to find out that the website is only available in Indonesian language. As someone who doesn't speak Indonesian, I found it impossible to navigate the website and understand the information provided. Unfortunately, this meant that I couldn't trade with ARTA MAS FUTURES despite the good conditions.
I was looking for a reliable Forex broker and came across ARTA MAS FUTURES. The trading conditions looked good, with low trading fees and favorable trading leverage. However, I was disappointed to find out that the website is only available in Indonesian language. As someone who doesn't speak Indonesian, I found it impossible to navigate the website and understand the information provided. Unfortunately, this meant that I couldn't trade with ARTA MAS FUTURES despite the good conditions.
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2023-04-23 14:45
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