WikiFX

Sagot

From my own deep dive into First State Futures, I found that trading individual assets like Gold and Crude Oil is indeed possible. For me, as someone who values flexibility, their market coverage was the first thing I checked. According to their current offerings, First State Futures allows trading in metals (which includes Gold) and energy commodities such as Crude Oil. This matches what I typically look for when I want direct exposure to those markets. However, before making any funding decisions, I needed to understand their regulatory backdrop and trading conditions. First State Futures is regulated by Indonesia’s ICDX, which provides some oversight, but their BAPPEBTI license is revoked and there’s a suspicious JFX license indication. For me, this introduces a degree of medium risk, and I tend to proceed with caution in such cases, prioritizing strict capital management and limiting my exposure. On the technical side, trading is offered through the MT4 platform—a familiar and reliable choice for most traders—including myself. It allows direct access to Gold and energy contracts if those assets are enabled on their servers, which, based on their instrument list, they are. Still, specific contract details like spreads or margin requirements aren’t clearly disclosed, so I’d recommend anyone interested in Gold (XAU/USD) or Crude Oil to request precise specifications from support and perhaps test execution on a demo. In my experience, this extra step is always worthwhile before going live.