First in Indonesia: Java Global Futures switches to MetaTrader 5

MetaTrader 5 discovers a new market with considerable investment opportunities – Indonesia. Java Global Futures based in Jakarta has become the first broker in the country offering the multi-asset HFT platform to its traders. Java Global Futures is a member of the Indonesian Derivatives Clearing House, Indonesia Futures Association (ASPEBTINDO) and Jakarta Futures Exchange (JFX). “Frankly, Indonesian […]

MetaTrader 5 discovers a new market with considerable investment opportunities – Indonesia. Java Global Futures based in Jakarta has become the first broker in the country offering the multi-asset HFT platform to its traders.

Java Global Futures is a member of the Indonesian Derivatives Clearing House, Indonesia Futures Association (ASPEBTINDO) and Jakarta Futures Exchange (JFX).

“Frankly, Indonesian market is still very new to MetaTrader 5, since its members are mostly familiar with MetaTrader 4”, — says Vincent Yohanes Chandra, COO of Jakarta Futures Exchange. “Initially, we faced a lot of rejections as I think it is very natural that people are quite resistant to changes (even if they are for good).

“However, we have been working very hard in educating our clients and marketing the benefits of MetaTrader 5 compared to MetaTrader 4, and it has been showing results over recent time. We strongly believe that adopting MetaTrader 5 is the right decision and, of course, we hope MetaQuotes will greatly support us as always. Customer Service is not a department, it is a philosophy in our company. We strongly believe in propelling service delivery through robust technology; MetaTrader 5 is surely one of the vital components in delivering quality service” said Mr. Chandra.

“According to our information, MetaTrader 5 prospects in Indonesia are quite promising, since it is an updated version of MetaTrader 4 which adds more features than the previous one”, — adds Mr. Tan, Analytics Manager at the Indonesian Brokerforex.com portal. “We think, MetaTrader 5 can be a success in Indonesia, since traders in Indonesia are growing as well as brokerage firms”.

Read this next

Retail FX

XPRTcoin Review 2022 – Is XPRTcoin Scam or Legit?

Read our XPRTcoin review today to learn all you need to know about XPRTcoin before signing up with the broker (xprtcoin.com) – by FinanceFeeds.

Retail FX

Financial services domains blocked by Consob rise to 708

In yet another episode in a long-running campaign, the Italian financial regulator, Consob, once again blocked access to a number of investment websites, including those holding licenses in other jurisdictions.

Digital Assets

Binance upgrades Bahrain license to offer full-suite of crypto services

The Central Bank of Bahrain (CBB) has granted Binance its Category 4 license as a fully-fledged crypto-asset service provider (CASP).

Digital Assets

BitMEX spot exchange hits $24 million in daily volume

The newly-launched spot market of crypto exchange BitMEX reported a record of $24 million in 24-hour trade activity on May 25.

Retail FX

Financial Commission certifies offering of trade copier 4X Solutions

The Financial Commission, an independent self-regulatory compliance specialist for the financial services industry, has certified the trading technology offered by trade copier 4X Solutions.

Industry News, Inside View

LIVE from Devexperts webinar for brokers on Fractional Trading

Finance Feeds is providing live coverage of the event that aims to help brokers discover fractional shares as a key tool for a successful brokerage business in today’s trading industry.

Industry News, Retail FX

ASIC celebrates retail ban on binary options as 68% of wholesale clients lose money

In the 13 months before the ban, between 74% and 77% of active retail clients lost money trading binary options. The product intervention order does not apply to wholesale clients.

Crypto Insider

Investing in crypto: how to stay away from weak players

The main reason behind the hacks of crypto exchanges is weak key management. For example, all 4 hacks that took place in 2021 were caused by the ability of hackers to obtain access to hot wallets. 

Retail FX

Vantage launches swap-free gold XAUUSD trades for all clients until end of July

“As the greenback continues to strengthen, we want to support traders who remain bullish on gold or seek short term trading opportunities amid the volatility”

<