Basic Information & Regulation of Esandar
Esandar is an Indonesian financial services company specializing in futures trading, headquartered in Jakarta and a member of the Jakarta Futures Exchange (BBJ). Esandar currently holds a retail foreign exchange license for BAPPEBTI Indonesia with license number: 485/BAPPEBTI/SI/IX/2004.
Market Instruments
The main financial products that investors can trade on Esandar's platform are gold, currency pairs, futures, and stocks and indices.
Accounts & Leverage
Esandar does not provide information on specific account types. The trading leverage for stock indices is up to 1:100.
Spreads & Commissions of Esandar
Esandar offers spreads of 2.5 pips on EURUSD, 2.5 pips on GBPUSD, 2.5 pips on USDCHF, and 1 USD on gold. The trading commission for Japanese stock futures, Hong Kong stock index futures, and Korean stock index futures is 50 USD per lot.
Trading Platforms Available of Esandar
Esandar offers traders the most popular MT4 trading platform, which provides traders with convenient access to the most active financial markets, a user-friendly interface for flexible and customized trading, and access to a wide range of dynamic trading and analytical tools. Mobile Apps can be downloaded.
Deposit and Withdrawal
For deposits and withdrawals, Esandar provides a deposit and withdrawal information page for registered clients only, fill in the information and send it to Esandar for withdrawals.
Summary
The main disadvantages of Esandar are:
1. Minimum deposit information unknown
2. High spreads & trading commissions
3. No information on methods to deposit and withdraw funds
4. One language version on the official website only