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/10

Central Capital Futures

Indonesia|5-10 years|
MT4 Full License|High potential risk|

https://ccf.co.id/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

CentralCapitalFutures-Demo

Indonesia
MT4
7

Influence

C

Influence index NO.1

Indonesia 6.01

MT4/5 Identification

MT4/5 Identification

Full License

7
Server Name
CentralCapitalFutures-Demo MT4
Server Location Indonesia

Influence

Influence

C

Influence index NO.1

Indonesia 6.01

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+62 21 310 2999
admin@ccf.co.id
https://ccf.co.id/
Jln. Sungai Gerong no 20, Jakarta Pusat. 10230

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+62 21 310 2999

Other ways of contact

Broker Information

More

Company Name

PT Central Capital Futures

Abbreviation

Central Capital Futures

Platform registered country and region

Indonesia

Company website
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Warning: Low score, please stay away! 3
Previous Detection : 2024-07-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The IndonesiaBAPPEBTI regulation (license number: 881/BAPPEBTI/SI/1/2006) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Central Capital Futures · WikiFX Survey
Danger A Visit to CCF in Jakarta Indonesia -- Office Scale Uncertain
Indonesia

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Central Capital Futures · Company Summary

Aspect Information
Registered Country/Area Indonesia
Founded Year 2005
Company Name Central Capital Futures
Regulation Regulatory suspicions, not fully regulated
Minimum Deposit $1,000 (Mini Account)
Maximum Leverage 1:100
Spreads Fixed spreads starting from 3 pips
Trading Platforms MetaTrader 4 (Windows, Android, iOS)
Tradable Assets Gold, Forex, Indices, Commodities
Account Types Mini, Regular, Priority
Customer Support Subpar customer support with reported issues
Payment Methods Bank Transfer, Cheque, Online Payment
Educational Tools Limited educational resources

Overview

Central Capital Futures, founded in 2005 in Indonesia, lacks full regulation, raising concerns. The Mini Account requires a $1,000 minimum deposit with a 1:100 maximum leverage. Fixed spreads at 3 pips can affect profitability. They use MetaTrader 4 for trading on various devices, offering some convenience. Tradable assets include gold, forex, indices, and commodities.

However, educational resources are limited, and customer support has issues with long wait times and unhelpful responses. Regulatory uncertainties and these concerns warrant caution when considering Central Capital Futures.

basic-info

Regulation

Suspicious Clone.

Central Capital Futures' use of a cloned fake license as a broker raises serious concerns in the financial industry. This activity undermines trust, jeopardizes investor security, and potentially facilitates fraudulent actions. Swift regulatory investigation and action are necessary to address these allegations and uphold industry integrity. Investors should exercise caution, ensuring they engage with properly licensed and regulated brokers to protect their investments. This incident emphasizes the need for robust regulatory oversight and investor vigilance.

regulation

Pros and Cons

Central Capital Futures raises significant concerns in several key areas. The broker's regulatory status is suspicious, which undermines trust and investor security. Additionally, limited educational resources hinder traders' ability to make informed decisions, and subpar customer support with long wait times and unhelpful responses is a significant drawback. Transparency issues related to their physical address further add to these concerns. Traders and investors should exercise caution when considering this broker for their financial activities.

Pros Cons
Market Instruments: Offers trading in gold, forex, indices, and commodities, providing diversity in trading options. Regulation: Central Capital Futures' regulatory status is suspicious and requires further investigation.
Account Variety: Provides three account types catering to various trader preferences and capital levels. Educational Resources: The educational resources are limited and may not meet traders' needs for comprehensive learning.
Maximum Leverage: Offers a maximum trading leverage of 1:100, allowing for potential profit amplification. Customer Support: Customer support experiences have been reported as subpar with long wait times and unhelpful responses.
Deposit and Withdrawal Options: Offers multiple flexible methods for deposit and withdrawal, accommodating client preferences. Transparency: Concerns are raised regarding transparency due to issues related to their physical address.
MetaTrader 4 Supported: Provides access to the widely used MetaTrader 4 trading platform for various devices. Educational Resources (Continued): The limited and inadequately informative content provided makes it challenging for traders to gain essential knowledge.

Market Instruments

  1. Gold: Traded in commodities, forex, and futures markets through physical gold, futures, ETFs, and stocks. Serves as a safe-haven asset and inflation hedge.

  2. Forex (Foreign Exchange): The global currency exchange market where currency pairs are traded, including major, minor, and exotic pairs. Traded through derivatives like options and futures.

  3. Index: Represents a group of stocks in a specific sector or region. Traded via index funds, ETFs, futures, and options. Helps gauge market trends.

  4. Commodity: Encompasses physical goods like agricultural products, energy, and metals. Traded through futures, options, ETFs, and direct ownership. Used for hedging, speculation, and exposure to commodities.

market-instruments

Account Types

Account Type Mini Account Regular Account Priority Account
Initial Deposit Starting at $1,000 Starting at $10,000 Starting at $50,000
Spreads Fixed spread starting from 3 pips Fixed spread starting from 3 pips Fixed spread starting from 3 pips
Order Volume Starting from 0.1 to 2 lots Starting from 1 to 20 lots Starting from 10 to 20 lots
Access Services OTA TRADING, ONICS TRADING, INSIGHT OTA TRADING, ONICS TRADING, INSIGHT CODEX NEW, OTA TRADING, ONICS TRADING, INSIGHT

The broker offers three distinct tiered trading account types to cater to a range of trader preferences and capital levels.

Mini Account: The Mini Account is designed for traders looking to start with a more modest initial deposit, beginning at $1,000. It allows for transactions as small as 0.1 lot, making it suitable for those who prefer smaller trade sizes. Spreads are fixed, starting from 3 pips, and traders can access services such as OTA TRADING, ONICS TRADING, and INSIGHT.

Regular Account: The Regular Account is suitable for traders with a starting deposit of at least $10,000. It offers fixed spreads starting from 3 pips, similar to the Mini Account. However, the order volume in this account starts from 1 to 20 lots, allowing for larger positions. Traders in this account tier also have access to OTA TRADING, ONICS TRADING, and INSIGHT.

Priority Account: The Priority Account is the top tier, requiring a starting deposit of $50,000 or more. It maintains the same fixed spread of 3 pips as the other account types but has a higher order volume starting from 10 to 20 lots. Additionally, Priority Account holders gain access to an expanded set of services, including CODEX NEW, OTA TRADING, ONICS TRADING, and INSIGHT.

These three account types provide traders with options that align with their capital, trading preferences, and the level of services they require. Whether you're a novice trader starting with a smaller deposit or an experienced trader seeking priority services, this broker offers tailored account options to suit your needs.

account-types

Leverage

This broker offers a maximum trading leverage of 1:100. This means traders can control positions up to 100 times the amount of capital they have in their account, potentially amplifying both profits and losses. However, higher leverage also comes with increased risk, requiring careful risk management and market understanding.

Spreads & Commissions

Spreads:

Spreads represent the difference between the buying (ask) and selling (bid) prices of a financial instrument. The broker offers fixed spreads starting from 3 pips for all trading accounts. This means that, regardless of the account type chosen, the spread remains consistent at 3 pips. Spreads are an essential factor in the cost of trading and can impact the profitability of trades. Traders should be aware that the broker maintains a fixed spread structure.

Commissions:

Commissions are fees charged by the broker for executing trades. These fees are typically applied per lot traded. The broker's commission structure varies based on the chosen trading account type:

  • Mini Account: $50 commission per lot.

  • Regular Account: The commission structure is not specified in the provided information.

  • Priority Account: The commission structure is not specified in the provided information.

Commissions are an important consideration for traders, as they add to the overall cost of trading. Understanding the commission structure associated with a specific account type is crucial for evaluating the expenses related to trading activities. Traders should review the commission details when selecting an account that aligns with their trading strategy and budget.

Deposit & Withdrawal

Deposit Methods:

  1. Bank Transfer: Deposit funds by initiating a bank transfer from your bank account to the designated Central Capital Futures bank account. Detailed banking information can be found in your account opening documentation.

  2. Cheque: You have the option to send a cheque by mail to Central Capital Futures' office address. Ensure the cheque is made payable to “Central Capital Futures.”

  3. Online Payment: Make secure online deposits using your debit or credit card. Simply log in to your Central Capital Futures account and navigate to the “Payments” section to complete the transaction.

Withdrawal Methods:

  1. Bank Transfer: Request a withdrawal from your Central Capital Futures account to have funds transferred directly to your linked bank account.

  2. Cheque: If you prefer a cheque withdrawal, Central Capital Futures can process your request, and the cheque will be sent to your registered address.

These deposit and withdrawal methods provide flexibility for clients, allowing them to choose the option that best suits their preferences and needs for managing their trading accounts with Central Capital Futures.

Trading Platforms

trading-platform

MetaTrader 4 (MT4) is a highly regarded trading platform available for Windows, Android, and iOS (iPhone/iPad) devices.

MT4 for Windows:

  • User-friendly interface with advanced tools.

  • Supports automated trading with Expert Advisors.

  • Various order types and real-time market data.

  • Strong security features.

MT4 for Android:

  • Mobile-optimized platform for on-the-go trading.

  • Real-time alerts and advanced charting.

  • Quick order execution.

  • Secure login methods.

MT4 for iPhone/iPad:

  • iOS-optimized interface for seamless trading.

  • Comprehensive charting and order management.

  • Real-time quotes and secure login options.

MT4's adaptability and feature-rich design make it a preferred choice for traders seeking efficient and secure trading across multiple devices.

Customer Support

customer-support

Central Capital Futures' customer support is disappointingly subpar. Their phone support at +62 21 310 2999 often results in lengthy wait times and unhelpful responses. Email communication with admin@ccf.co.id is equally frustrating due to prolonged response times. The website, www.ccf.co.id, lacks user-friendly resources and easy access to essential information. Additionally, the physical address provided raises concerns about transparency and accessibility. Overall, Central Capital Futures falls short in providing efficient and effective customer support, leaving customers dissatisfied.

Educational Resources

The educational resources provided by Central Capital Futures at https://ccf.co.id/detil-edukasi are regrettably limited and fail to meet the informational needs of traders. The content offered on this page lacks depth and variety, leaving traders with a shallow pool of knowledge to draw from.

Key aspects of their educational materials, such as tutorials, articles, or webinars, are notably absent or insufficient. This scarcity of educational content makes it challenging for traders to enhance their skills, make informed decisions, or stay updated on market trends.

Furthermore, the lack of interactive tools or engaging learning resources hinders the effectiveness of their educational offerings. Traders may find it difficult to grasp complex concepts or gain practical insights into trading strategies due to the absence of comprehensive and interactive educational materials.

In conclusion, Central Capital Futures' educational resources, as featured on https://ccf.co.id/detil-edukasi, fall far short of expectations. The limited and inadequately informative content provided does little to empower traders with the knowledge and skills required to succeed in the financial markets.

Summary

Central Capital Futures raises significant concerns. Regulatory suspicions undermine trust and investor security. Limited educational resources hinder informed decisions. Subpar customer support with long wait times and unhelpful responses is a drawback. Transparency issues surrounding their physical address add to the concerns. In summary, Central Capital Futures presents red flags regarding regulation, education, support, and transparency, warranting caution from traders and investors.

FAQs

Q1: Is Central Capital Futures a regulated broker?

A1: Central Capital Futures' regulatory status is suspicious and requires further investigation.

Q2: What are the available account types?

A2: The broker offers Mini, Regular, and Priority accounts to accommodate various trader preferences and capital levels.

Q3: What is the maximum trading leverage offered?

A3: Central Capital Futures provides a maximum trading leverage of 1:100.

Q4: Are there educational resources available?

A4: Unfortunately, the educational resources are limited and may not meet traders' needs for comprehensive learning.

Q5: How can I contact customer support?

A5: You can reach customer support at +62 21 310 2999 or via email at admin@ccf.co.id, although experiences with support have been reported as subpar.

Review 6

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