Century Investment Futures
Pros and Cons
Pros
- Regulated by Indonesia’s BAPPEBTI
- Offers both Mini and Islamic swap-free accounts
- Utilizes MetaTrader 4 trading platform
- Established presence in the market since 2004
- Diverse trading instruments including forex and CFDs
Cons
- Unregulated by any financial authority
- Negative user reviews regarding fund withdrawals
- High withdrawal fees reported by users
- Lack of educational resources for traders
- Limited trading platform features and tools
Basic Information
User Reviews
Century Investment Futures Overview
Century Investment Futures, established in 2004 and headquartered in Jakarta, Indonesia, is a forex and CFD brokerage that prioritizes a user-friendly trading environment. The broker operates under the regulatory framework of the Commodity Futures Trading Regulatory Agency (CoFTRA) in Indonesia, holding the license number 411/BAPPEBTI/SI/PN.01/XI/2004. This regulatory approval provides a level of oversight aimed at protecting traders and ensuring fair trading practices, which is crucial in the highly competitive forex market.
Is Century Investment Futures Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Commodity Futures Trading Regulatory Agency (CoFTRA) | Indonesia | Segregated Accounts |
Is Century Investment Futures Regulated and How Are Client Funds Protected?
Century Investment Futures is registered with the Commodity Futures Trading Regulatory Agency (CoFTRA) in Indonesia, which supervises futures trading activities. Although the broker holds a license from CoFTRA, the regulatory status is unverified by some industry sources, suggesting potential risks for traders. However, client funds are protected through segregated accounts, ensuring that traders’ money is kept separate from the company’s operational funds. This measure is crucial for enhancing fund safety and minimizing the risk of misappropriation. Additionally, Century Investment Futures is a member of two exchanges and two clearing houses, which may provide further operational transparency and compliance oversight. Nevertheless, potential investors should remain vigilant and consider the overall regulatory landscape when assessing the safety of trading with this broker.
Trading Products and Services
What trading instruments does Century Investment Futures offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, USD/CHF, AUD/USD | 50+ |
| Commodities | Gold, Silver, Crude Oil, Natural Gas | Many |
| Indices | S&P 500, NASDAQ, FTSE 100, DAX | 100+ |
| Stocks | Apple, Tesla, BP, Vodafone | Varies |
| Cryptocurrencies | BTC, ETH, XRP, LTC | Many |
Century Investment Futures offers a diverse range of trading instruments across various asset categories, catering to different trading styles and preferences. With over 50 Forex pairs, numerous commodities, and a wide selection of indices, traders can effectively diversify their portfolios. This variety is beneficial for both novice and experienced traders, allowing them to explore different strategies based on market conditions. The inclusion of cryptocurrencies further enhances the platform’s appeal, enabling flexible trading approaches and potential for significant returns. By supporting multiple asset classes, Century Investment Futures empowers traders to adapt their strategies, ensuring they can navigate the dynamic markets effectively.
Account Types and Trading Conditions
What Account Types and Fees Does Century Investment Futures Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and casual traders | Low minimum deposit, user-friendly platform | Suitable for small-capital practice |
| Professional Account | Experienced traders and institutions | Higher leverage, advanced trading tools | Requires trading volume qualifications |
| Corporate Account | Corporate clients and businesses | Customizable services, dedicated account managers | Requires corporate documentation |
| Islamic Account | Traders adhering to Islamic finance principles | Swap-free trading, no overnight interest | Available upon request |
| Demo Account | All trader levels | Practice trading with virtual funds | No risk, ideal for strategy testing |
Account Opening Process
To open an account with Century Investment Futures, prospective clients must follow a structured process. Initially, users will need to submit personal information, including name, contact details, and nationality. Next, employment information such as occupation and employer details must be provided. Lastly, financial information, including income sources and trading experience, will be required.
Identity verification is a crucial step, where clients must submit valid identification documents, such as a national ID or passport, along with proof of address like utility bills or bank statements. The platform allows for future flexibility, enabling users to upgrade to a professional account as they meet the necessary criteria.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.8 | $0 (ECN: $3.5/lot) | Tight spreads for major pairs |
| Forex (GBP/USD) | 1.0 | $0 (ECN: $3.5/lot) | Competitive spreads for minors |
| CFDs (Stocks) | 0.1% – 0.5% | $5 per lot | Varies by stock volatility |
| CFDs (Commodities) | 0.3% | $3 per lot | Standardized commissions |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on market conditions |
Other Fees
In addition to trading fees, clients of Century Investment Futures should be aware of various other costs. Deposit and withdrawal fees may apply depending on the payment method chosen. Inactivity fees could be incurred if an account remains dormant for an extended period. Platform usage fees apply to certain advanced tools, and overnight interest charges (swap rates) might be applicable depending on the account type. Additionally, currency conversion fees may be charged when trading in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Century Investment Futures Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 5 (MT5) | Windows, macOS, iOS, Android | 2FA, encryption, multiple order types, technical indicators, price alerts | Demo accounts, VPS |
| Web Version | Any device with a web browser | Secure login, symbol lookup, market search, push notifications | No additional services |
| Mobile App | iOS, Android | Biometric login, one-click trading, real-time alerts | Demo accounts |
Century Investment Futures offers three main trading platforms catering to different trading preferences. The MetaTrader 5 (MT5) platform is suitable for both novice and experienced traders, providing advanced charting tools and a range of technical indicators. The web version allows traders to access their accounts from any browser, ensuring flexibility and ease of use. The mobile app supports trading on-the-go, featuring secure login and real-time alerts to keep traders informed.
All platforms emphasize security and efficiency, featuring encrypted logins and multiple order types for quick execution. With comprehensive device support, traders can easily switch between platforms while maintaining access to essential features and services.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | Deposit: 1-3 days, Withdrawal: 2-5 days | Usually free, but banks may charge a fee (USD 15-30 for international wires) | Min Deposit: 100 USD, Max Withdrawal: 50,000 USD/day | USD, EUR, GBP, JPY, AUD |
| Credit/Debit Card | Deposit: Instant, Withdrawal: 1-3 days (after verification) | No platform fees, but cash advance fees may apply | Min Deposit: 100 USD, Max Withdrawal: 10,000 USD/transaction | USD, EUR, GBP |
| E-wallets (PayPal, Skrill, Neteller) | Deposit: Instant, Withdrawal: Same day | No platform fees, but e-wallet fees may apply (1-2%) | Min Deposit: 50 USD, Max Withdrawal: 10,000 USD/transaction | USD, EUR, GBP |
| Local Payment Methods (GrabPay, FasaPay, POLi, etc.) | Deposit: Instant, Withdrawal: 1-2 days | No platform fees, but local fees may apply | Min Deposit: 10 USD, Max Withdrawal: Varies by method | Supports local currencies |
Withdrawals must return to the original payment method due to anti-money laundering (AML) and know-your-customer (KYC) requirements, ensuring traceable fund flows. First-time large withdrawals (typically over 2,000 USD) require identity documents (passport) and proof of address (utility bill), with additional scrutiny for suspicious transactions.
Clients in different regions may prefer specific payment methods: Southeast Asian users often utilize GrabPay or local bank transfers; European clients typically use SEPA transfers; Latin American users rely on domestic banks. It’s important to note that US users cannot utilize Skrill, and some Middle Eastern countries impose limitations on PayPal. Partner banks in Japan may offer zero-fee transfers as a local advantage.
Cost Optimization Tips
- Small Deposits (<1,000 USD): Prioritize e-wallets or credit cards for instant, fee-free deposits.
- Large Deposits (>5,000 USD): Use bank transfers or SEPA for a lower total cost despite slower processing times.
- Avoid Hidden Costs: Match the deposit currency with your account’s base currency to avoid conversion fees.
- Multi-base Currency Accounts: Select brokers with several base currency options to minimize cross-currency fees.
How to Withdraw
To withdraw funds from your account, follow these steps:
- Log into your account.
- Navigate to the withdrawal section.
- Select your preferred payment method.
- Enter the amount you wish to withdraw.
- Submit the request and await processing, keeping in mind any identity verification requirements.
Customer Support
Century Investment Futures Customer Support Overview
Support Channels
Century Investment Futures offers multiple contact methods to ensure that customers receive prompt and effective support. Clients can reach out through:
- Email: Customers can send inquiries to support@centuryrealtime.co.id for assistance.
- Live Chat: The website features a live chat option for instant help during trading hours.
- Telephone: Customers can call the support line at (021) 6322829 for immediate assistance.
- Social Media: Century Investment Futures maintains active profiles on various social media platforms for updates and customer interaction.
Service Availability
Customer support is available 24/5, ensuring that clients can receive help throughout the trading week. Additionally, multilingual support is offered in English and Bahasa Indonesia, catering to a diverse clientele.
Additional Resources
To enhance the trading experience, Century Investment Futures provides a variety of educational resources, including:
- Video tutorials for mastering the trading platform.
- Webinars on market trends and trading strategies.
- Market analysis to keep customers informed.
- Trading signals to assist in decision-making.
With these support and service offerings, Century Investment Futures aims to provide excellent customer service that meets the needs of traders, ensuring they have the help they need for a successful trading experience.
Frequently Asked Questions
At Century Investment Futures, client funds are secured in segregated accounts, separate from the company’s operational funds. This ensures that your funds are protected and monitored strictly by the Commodity Futures Trading Regulatory Agency (CoFTRA). Additionally, we provide periodic reports for transparency in all transactions.
Century Investment Futures offers competitive commission rates, low spreads, and accurate pricing. Our trading environment is designed to be easy and accessible, featuring a user-friendly MetaTrader 5 platform that supports a variety of global financial products.
Century Investment Futures is registered under the Commodity Futures Trading Regulatory Agency (CoFTRA) and has been operating since 2004. We adhere to all regulatory requirements and are members of both Jakarta Futures Exchange (JFX) and Indonesian Commodity & Derivatives Exchange (ICDX), ensuring a secure trading environment.
You can reach our customer support team via email at support@centuryinvestmentglobal.com or by calling our dedicated service line at +971 (4) 356 2888. Our team is available 24/7 to assist you with any queries or concerns regarding your trading experience.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.