General Information& Regulation
PT Trijaya Pratama Futures was established in Medan (Indonesia) in April 2004 as a member brokerage company of the futures exchange. In May of the same year, the company was officially registered as a member of the Jakarta Futures Exchange (JFX). In addition, TPF holds a license from the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI), Licence No. 407/BAPPEBTI/SI/VII/2004.
Market Instruments
TPF mainly provides investors with domestic and international trading in commodity and derivative futures covering Forex, crude oil, indices and stocks.
Accounts & Leverage
TPF has three regular variable account types for investors to choose from, namely the Standard Account (the minimum deposit of 200 USD), the Professional Account (the minimum deposit of 2,500 USD) and the ZERO ECN Account (the minimum deposit of 10,000 USD). All three accounts have a maximum leverage of 1:400, while the broker also has a standard account with fixed spreads, which offers leverage of up to 1:100 only.
Spreads
According to the official website, TPF charges different spreads for trading on different accounts. Standard, Professional and ZERO ECN accounts all charge variable spreads, with reference spreads starting from 1.2 pips, 0.4 pips and 0 pips respectively. It should be noted that the minimum spread for standard accounts (fixed spreads) is 1.5 pips.
Commissions
TPF charges its clients commissions in the course of trading, the exact amount of which depends on the type of account. According to the information disclosed on the official website, the commissions for Standard (Variable), Professional, ZERO ECN, and Standard (Fixed) accounts are $1, $2, $5, and $2, in that order.
Trading Platform
TPF offers its clients access to the world's financial markets via the MetaTrader 4 (MT4) platform. MT4 is widely considered to be the most popular online Forex and CFD trading platform for traders of all experience levels. MT4 can be used as a web platform on any browser, as well as a desktop download and mobile application.
Customer Support
Clients can contact the TPF support team for inquiries via live chat, email, and phone. In addition to the head office in Jakarta, TPF also has branches covering other regions such as Medan, Makassar and Batam. It should be noted that the dealer's business radiates mainly to Indonesia and therefore the language of its website is only a single Bahasa Indonesia.