English
Sign In

First State Futures

Operating status: SCAM

Website: https://firststate-futures.com/

Broker violations and abnormal records
  • Jul 03, 2022 Brokersview has Reviewed that First State Futures is an Unregulated Forex Broker

    First State Futures is not a reliable broker for traders even though it states offers that look good to be true. First State Futures claims to be regulated by several authorities, including:

    1) the Indonesia Commodity & Derivatives Exchange (ICDX);

    2) the Indonesia Commodity Futures Trading Supervisory Agency (Bappebti);

    3) the Indonesia Clearing House (ICH);

    4) the Jakarta Futures Exchange (JFX);

    However, as per the information we hold, none of the above authorities issues licenses for forex trading or regulates entities that offer forex activities.

    The truth is that First State Futures is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    First State Futures is not a reliable broker for traders even though it states offers that look good to be true. First State Futures claims to be regulated by several authorities, including:1) the Indonesia Commodity & Derivatives Exchange (ICDX);2) the Indonesia Commodity Futures Trading Supervisory Agency (Bappebti);3) the Indonesia Clearing House (ICH);4) the Jakarta Futures Exchange (JFX);However, as per the information we hold, none of the above authorities issues licenses for forex trading or regulates entities that offer forex activities.The truth is that First State Futures is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Reviews

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.