Inter Pan -Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

Inter Pan is one of the largest brokerage firms in Indonesia, established in 1989, dedicated to providing quality and efficient financial trading services and teaching resources to its clients. Inter Pan currently holds a retail foreign exchange license (license number: 427/BAPPEBTI/SI/VII/2004) from the Indonesian Commodity Futures Trading Regulatory Agency (BAPPPEBTI).

Market Instruments

Inter Pan offers investors a limited range of financial instruments, including five currency pairs ( USD/JPY, USD/CHF, EUR/USD, GBP/USD, AUD/USD), commodities, and indices.

Minimum Deposit

Inter Pan offers one standard account only, and the minimum deposit requirement is not fully disclosed.

Inter Pan Leverage

In terms of trading leverage, the maximum leverage level for forex trading is up to 1:100. Professional traders may think this leverage level is a little conservative. However, traders with unskilled trading accounts are not advised to use high trading leverage.

Spreads & Commissions

After testing a demo account, we learned that the fixed spread on EURUSD pair on the Inter Pan platform is 3 pips, much higher than the industry standard. Most brokers offer spreads between 1.1 and 1.5 pips on the EURUSD, and high spreads mean high trading costs.

Trading Platforms

Inter Pan offers traders the market-leading and widely acclaimed MT4 trading platform, the industry-leading trading platform chosen by 80% of traders worldwide. MT4 has powerful charting tools, a large number of custom market indicators, supporting for EA's, and automated trading to help investors get ahead in the financial markets.

Inter Pan Pros & Cons

Inter Pan Advantages Include:

1. MT4 trading platform

Inter Pan Disadvantages Include:

1. Fewer assets traded

2. One type of trading account only

3. High spreads

4. Unclear information about accounts & leverage

5. No deposits & withdrawals methods provided