TRFX GARUDA BERJANGKA Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-12 15:40

Abstract：Based in Indonesia, RFX GARUDA BERJANGKA is ECN/ STP type of broker. It claims to offer forex trading via MT4. Both live accounts (minimum deposit $100) and demo accounts are provided. However, their license is regarded as fake clone and its website is not accessible.

　　Note: TRFX GARUDA BERJANGKA's official website: https://garudaberjangka.com/ is currently inaccessible normally.

　　Based in Indonesia, RFX GARUDA BERJANGKA is ECN/ STP type of broker. It claims to offer forex trading via MT4. Both live accounts (minimum deposit $100) and demo accounts are provided. However, their license is regarded as fake clone and its website is not accessible.

Pros and Cons

Pros	Cons
MT4 provided	Inaccessible website
Acceptable minimum deposit	Suspected fake clone license of BAPPEBTI
Various types of accounts provided	Limited contact channels
	High spreads

Is TRFX GARUDA BERJANGKA Legit?

　　TRFX GARUDA BERJANGKA claims it is regulated by Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI). But now, the license has been regarded as fake clone one. Besides, its official website is not available. These can doubt the credibility of itself.

Regulatory Status	Suspicious clone
Regulated by	Indonesia
Licensed Institution	PT. LABA FOREXINDO BERJANGKA D/H PT. TRFX GARUDA BERJANGKA D/H GARUDA BERJANGKA PT. D/H ASIA PACIFIC FUTURES
Licensed Type	Retail Forex License
Licensed Number	661/BAPPEBTI/SI/IV/2005

Account Type

　　TRFX GARUDA BERJANGKA offers two live accounts --- Mini account for small traders and VIP Account for big traders. Besides, there are also demo accounts for training, and there are Swap Free, Segregated and Managed Accounts.

TRFX GARUDA BERJANGKA Fees

　　TRFX GARUDA BERJANGKA requires minimum deposit of $100, the maximum leverage of 1:500 and the spreads from 1.0 pips, which are higher than regular brokers.

Trading Platform

　　In TRFX GARUDA BERJANGKA, the MetaTrader 4 platform is utilized. It also offers functions such as hedging, scalping, and web/mobile trading, along with news trading. Additionally, support for clients in Indonesia is provided.

Deposit and Withdrawal

　　TRFX GARUDA BERJANGKA accepts several currencies, including USD, EUR, and GBP. For transactions, clients can use payment methods such as Visa, Mastercard, bank wire transfer, Neteller, Skrill, and UnionPay for deposits and withdrawals.

Customer Service

　　TRFX GARUDA BERJANGKA only supports phone channel to contact.

Contact Options	Details
Phone	+62 21-50217217
Email	❌
Support Ticket System	❌
Online Chat	❌
Social Media	❌
Supported Language	❌
Website Language	❌
Physical Address	SOHO CAPITAL Office Building Lantai 16 Unit ( 1607 – 1609 ) Jl.Letjen S Parman Kav 28 Grogol, Petamburan, jakarta Barat Indonesia 11470

The Bottom Line

　　In conclusion, RFX GARUDA BERJANGKA is the broker with higher risks. Although it offers MT4, many accounts like other regular brokers, its license is suspected as fake clone and their official can not be accessible. Therefore, you can choose other brokers who regulated well.