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PTF

Indonesia|2-5 years|
Retail Forex License|Suspicious Scope of Business|

https://ptf.co.id/en/home-english/

Website

Rating Index

Contact

021 250 6677
info@ptf.co.id
https://ptf.co.id/en/home-english/

Licenses

VPS Standard
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PTF · Company Summary

Aspect Information
Registered Country/Area Indonesia
Founded Year 2-5 years
Company Name PT. Prima Tangguharta Futures
Regulation Indonesia Commodity and Derivatives Exchange (Regulated, Retail Forex License)
Minimum Deposit Not specified for any account type
Maximum Leverage 1:400 across all account types
Spreads ECN Zero: 0.0 pips, VIP Variable: 0.6 pips, Standard: 1.2 pips
Trading Platforms MetaTrader 5 (MT5)
Tradable Assets Precious Metals, Forex, Energy, Cash Index
Account Types Standard, ECN Zero, VIP Variable, Demo
Demo Account Available
Islamic Account Not specified
Customer Support Address: Jl. Jend. Sudirman No.26, Karet, Setiabudi, South Jakarta, Indonesia; Email: info@ptf.co.id; Phone: 021 250 6677 (Hunting), 021 250 6374 (Hot Line); Fax: 021 250 6690
Payment Methods Wire transfer, ACH, check
Educational Tools Insights index, Educational videos

Overview of PTF

PT. Prima Tangguharta Futures (PTF), a company based in Indonesia, operates in the financial trading sector for a period spanning 2-5 years. Regulatory oversight is provided by both the Indonesia Commodity and Derivatives Exchange and the Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan in Indonesia. These agencies classify PTF as “Regulated” and have granted it a “Retail Forex License,” with license numbers and contact details available on their websites to demonstrate regulatory compliance.

PTF offers various market instruments, including Precious Metal, Forex, Energy, and Cash Index trading. Notably, Precious Metal trading provides opportunities for hedging in liquid markets, while Cash Index trading comes with potential fluctuations in Stop/Limit Order levels during news events or unusual market conditions.

The company offers different account types, such as Standard, ECN Zero, and VIP Variable Accounts, all with a maximum leverage of 1:400 and no specified minimum deposit. Additionally, PTF provides a demo account for prospective traders to practice before opening a live trading account. The platform supports MetaTrader 5, a well-known trading platform with advanced features, and offers educational tools, including Insights and educational videos. Customer support can be reached at their headquarters in Jakarta, Indonesia, via email and phone.

basic-info

Pros and Cons

PT. Prima Tangguharta Futures (PTF) offers several advantages and disadvantages for traders. On the positive side, PTF is regulated by Indonesian authorities. Traders can benefit from low spreads, starting from 0.0 pips, and there's no specified minimum deposit requirement. The consistent maximum leverage of 1:400 provides traders with options. Additionally, PTF supports free deposits and withdrawals through various methods and offers the advanced MetaTrader 5 platform, along with educational resources like the Insights index and educational video content. However, there are downsides to consider, such as the potential for fluctuating Stop/Limit Orders in the Cash Index. Spreads for the Standard Account start from 1.2 pips, and processing times for ACH and check withdrawals can be relatively long, ranging from 3 to 7 business days. Information about educational tools and market instrument variety is limited, as well as contact options for customer support.

Pros Cons
  • Regulated by Indonesian authorities
  • Cash Index may have fluctuating Stop/Limit Orders
  • Spreads from 0.0 pips
  • Spreads start from 1.2 pips for Standard Account
  • No specified minimum deposit requirement
  • Processing times for ACH and check withdrawals are 3-7 business days
  • Consistent maximum leverage of 1:400
  • Limited information provided about educational tools
  • Free deposits and withdrawals, various methods
  • Limited contact options for customer support
  • MetaTrader 5 available with advanced features
  • Limited information on deposit and withdraw
  • Insights index and educational video content
  • Limited market instruments variety

Is PTF Legit?

The Prima Tangguharta Futures, PT (PTF) is regulated by the Indonesia Commodity and Derivatives Exchange as well as the Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan in Indonesia. Both regulatory agencies classify PTF as “Regulated” and have granted it a “Retail Forex License.” The company's license numbers, contact information, and other details are provided on their respective websites, demonstrating their compliance with regulatory requirements.

regulation
regulation

Market Instruments

PRECIOUS METAL:

One of the options available is PRECIOUS METAL trading, which includes the opportunity to hedge in highly liquid markets like gold and other spot metals.

FOREX:

Another market instrument provided by PTF is FOREX, known as the foreign exchange market. It operates as a decentralized, over-the-counter global market for trading currencies.

ENERGY:

PTF also offers trading opportunities in the ENERGY sector, focusing on energy products, particularly crude oil and natural gas.

CASH INDEX:

In the realm of CASH INDEX trading, it's essential to be aware that Stop/Limit Order levels may fluctuate during news events or unusual market conditions without prior notice, necessitating vigilance for traders.

products
Pros Cons
Opportunity to hedge in highly liquid markets like gold and other spot metals Fluctuating Stop/Limit Order levels in Cash Index during news events or unusual market conditions
Access to the foreign exchange market (FOREX) for currency trading Limited types of market instruments available
Trading opportunities in the ENERGY sector, including crude oil and natural gas -

Account Types

Standard Account: This account type offers a maximum leverage of 1:400 with no specified minimum deposit. Minimum spreads start from 1.2 pips, and it allows trading in FX and Commodities. The minimum position size is 0.01.

ECN Zero Account: The ECN Zero Account also offers a maximum leverage of 1:400 and does not specify a minimum deposit requirement. Minimum spreads start from 0.0 pips, and like the Standard Account, it supports trading in FX and Commodities with a minimum position size of 0.01.

VIP Variable Account: With a maximum leverage of 1:400 and no specified minimum deposit, the VIP Variable Account offers minimum spreads starting from 0.6 pips. Similar to the other account types, it allows trading in FX and Commodities with a minimum position size of 0.01.

Additionally, PT. PRIMA TANGGUHARTA FUTURES also offers a demo account option. This allows prospective traders to practice trading with virtual funds before committing to a live trading account.

Pros Cons
Maximum leverage of 1:400 Limited information about additional account benefits
No specified minimum deposit requirement Minimum spreads for the Standard Account start at 1.2 pips
Low minimum spreads for ECN Zero and VIP Variable Accounts Limited variety in account types
Demo account option for practicing with virtual funds

How to Open an Account?

To open an account with PT. PRIMA TANGGUHARTA FUTURES, follow these steps:

  1. Visit the PT. PRIMA TANGGUHARTA FUTURES website.

  2. Click on the “Register” button.

open-account
  1. Fill out the registration form with the following information:

    1. Full Name

    2. Email Address

    3. Password

    4. Re-enter Password

    5. Gender (Pria for Male)

    6. Marital Status (Tidak Menikah for Single)

    7. Date of Birth

    8. Phone Number

  2. Complete all required fields accurately.

  3. Review the information for accuracy and completeness.

  4. Click the submit or register button to create your account.

  5. Follow any additional instructions or verification steps as provided by PT. PRIMA TANGGUHARTA FUTURES to complete the account opening process.

open-account

Leverage

PTF offers a consistent maximum leverage of 1:400 across all its account types, providing traders with significant leverage for their trading activities.

Spreads

PTF offers spreads starting from as low as 0.0 pips for their ECN Zero Account, 0.6 pips for their VIP Variable Account, and 1.2 pips for their Standard Account

Minimum Deposit

PTF does not specify a minimum deposit requirement for any of its account types, making it accessible to traders with varying levels of capital.

Deposit & Withdrawal

PTF deposits are free and can be made via wire transfer, ACH, or check. ACH deposits are processed within 3 business days, wire transfers are processed within 1 business day, and checks are processed within 7 business days. PTF withdrawals are also free and can be made via wire transfer, ACH, or check. Wire transfers are processed within 1 business day, ACH withdrawals are processed within 3 business days, and check withdrawals are processed within 7 business days.

Pros Cons
Free deposits Check withdrawals take 7 business days
Wire transfers processed within 1 day ACH withdrawals take 3 business days
ACH deposits processed within 3 days Limited information on charges

Trading Platforms

METATRADER 5: MetaTrader 5 (MT5) is a widely recognized trading platform used by traders and investors worldwide. It offers a range of advanced features suitable for traders of all skill levels. This platform is available in PC, mobile, and tablet versions, providing a user-friendly interface and advanced charting tools. It also incorporates a robust security system and supports expert advisors (EAs) for automated trading. To install MT5, users need to download the installation file for their PC desktop, read and accept the Metatrader 5 License Agreement, and follow the installation progress until completion. Once installed, users can log in using their provided credentials via email.

trading-platform
Pros Cons
MetaTrader 5 (MT5) is widely recognized No alternative trading platforms available
Robust security and support for EAs
User-friendly interface and advanced tools

Educational Tools

INSIGHTS: PTF offers an Insights index, which tracks daily changes in stock market values of large companies.

EDUCATION: PTF provides educational resources, including video content, to help traders understand essential concepts like purchase restrictions when trading forex. Their educational videos cover various investment opportunities such as gold, crude oil, and currencies.

educational-resources
educational-resources

Customer Support

Customer Support at PTF can be reached at their headquarters located at Jl. Jend. Sudirman No.26, Karet, Setiabudi, South Jakarta, Indonesia, with the following contact information: email at info@ptf.co.id, phone at 021 250 6677 (Hunting) and 021 250 6374 (Hot Line), as well as fax at 021 250 6690.

customer-support

Conclusion

In conclusion, PT. Prima Tangguharta Futures (PTF) is a regulated company operating in the financial markets of Indonesia. It holds a “Retail Forex License” issued by the Indonesia Commodity and Derivatives Exchange and the Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan, indicating its compliance with regulatory requirements. PTF offers trading in various market instruments, including precious metals, forex, energy, and cash index. It provides three types of trading accounts and a demo account for prospective traders. Leverage is consistent at 1:400 across all accounts, and spreads vary depending on the account type. PTF does not specify a minimum deposit requirement and offers free deposits and withdrawals through wire transfer, ACH, or check. The trading platform used is MetaTrader 5, and educational resources are available. Customer support can be contacted through provided contact information. However, potential traders should conduct thorough research and due diligence before engaging with PTF, as there are no specific positive attributes mentioned in this assessment.

FAQs

Q: Is PTF a legitimate company?

A: Yes, PTF, also known as PT. Prima Tangguharta Futures, is regulated by both the Indonesia Commodity and Derivatives Exchange and the Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan in Indonesia. They hold a “Retail Forex License” and comply with regulatory requirements.

Q: What market instruments does PTF offer?

A: PTF provides trading opportunities in PRECIOUS METAL, FOREX, ENERGY, and CASH INDEX markets, allowing traders to access gold, currencies, energy products, and more.

Q: What are the different account types available at PTF?

A: PTF offers Standard, ECN Zero, and VIP Variable accounts. These accounts have varying spreads and leverage options, but none of them specify a minimum deposit requirement. Additionally, a demo account is available for practice.

Q: How can I open an account with PTF?

A: To open an account with PTF, visit their website, click on “Register,” and fill out the registration form with your personal information. Review the details, submit the form, and follow any provided instructions to complete the process.

Q: What is the maximum leverage offered by PTF?

A: PTF offers a consistent maximum leverage of 1:400 across all its account types, providing traders with significant leverage for their trading activities.

Broker Information

Company Name

PT. Prima Tangguharta Futures

Company Abbreviation

PTF

Regulatory Status

Regulated

Platform registered country and region

Indonesia

Phone of the company
  • 021 250 6677

  • 021 250 6374

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Customer Service Email Address
  • info@ptf.co.id

Company Summary

User Reviews

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2

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FX1448353339
more than one year
The PTF trading platform is a bit of a pain to use, to be honest. Their website is confusing and it takes forever to find what you need. Plus, the customer service reps don't speak English very well, so it's frustrating trying to communicate with them. All in all, not a great experience. And I would not recommen this one.
2023-03-27 10:57
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Natapat Piriyakarn
more than one year
A friend of mine from Indonesia raves about this broker so I think, well, I'm going to look for it in wikifx haha, and I see that it doesn't offer services in Spanish. But aside from this downside, I think this broker has done a good job on the services and trading conditions.
2022-11-24 15:56
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