FirstState-Futures-Overview of Minimum Deposit, Spreads & Leverag

General Information & Regulation

PT. First State Futures itself is a Futures Brokerage company that has been established since 2010. PT First State Futures has obtained a business license from the Ministry of Trade of the Republic of Indonesia through the Commodity Futures Trading Supervisory Agency (BAPPEBTI), with its regulatory license number 18/BAPPEBTI/PN/3/2010. PT. First State Futures is also a member of two Futures Exchanges in Indonesia, namely PT. Jakarta Futures Exchange (JFX), and PT. Indonesia Commodity and Derivative Exchange (ICDX).

Markets Instruments

Tradable financial instruments available on the FirstState-Futures platform include commodities, Indices, currency pairs.

Minimum Deposit

The minimum initial deposit requirement is not provided, unless traders log in their trading accounts. Most brokers would ask traders to deposit at least $100 to start trading.

Leverage

The maximum trading leverage offered by FirstState-Futures is up to 1:100. Some people may hold that this leverage is a little conservative. However, inexperienced traders are not advised to use too high trading leverage.

Spreads & Commissions

In terms of spreads, commissions or trading fees, FirstState-Futures does not make this part clear. Spreads on particular instrument are not disclosed.

Trading Platform Available

In terms of trading platform available, FirstState-Futures offers both MT4 and MT5 trading platform. First State Futures MetaTrader 4 can now be downloaded on devices powered by Android OS. It features a menu of trading orders, trading history, interactive charts and a wide selection of Android mobile devices. MT5 allows you to monitor and execute transactions anywhere and anytime. Trading can be done via your computer or smartphone. You can download the trading software versions of Windows, MacOS, IOS and Android.

Customer Services

The FirstState-Futures customer support team can be reached through email and live chat. Whats more, this broker is also on some social media platfrom, including Facebook, Twitter, Instagram, etc.