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ABI Commodity FUTURES logo

ABI Commodity FUTURES

Regulated
Indonesia
,
Since 2021
Last Updated:
26/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
1
Account Types
Gold

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

ACH

bank transfer
1 days
Fee:
Free
Fee:
Free

Debit Card

debit card
Instant
Fee:
Free
Fee:
Free

Incoming Checks/Wires

wire transfer
days
Fee:
Free
Fee:
Free

Domestic Wire Transfer

wire transfer
days
Fee:
Free
Fee:
$30

International Wire Transfer

wire transfer
days
Fee:
Free
Fee:
$30

Currency Conversion

other
hours
Fee:
1.0%
Fee:
Free

Wire Transfer Withdrawal (Interactive Brokers)

wire transfer
days
Fee:
Free
Fee:
$10

Bank Transfer Deposit (AUD)

bank transfer
days
Fee:
A$15
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 6%, 2: License 33%, 3: Software 50%, 4: Spread 0%, 5: Account Type 14%, 6: Symbol 0%
Regulation
6%Poor
License
33%Poor
Software
50%Fair
Spread
0%Poor
Account Type
14%Poor
Symbol
0%Poor

Company Information

Full Name:ABI Commodity FUTURES
Founded:2021
Headquarters:Indonesia
Enterprise Offices:N/A

Customer Support

Phone:
+62 021 – 5761461
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction and Overview At this stage

The role of ABI Commodity FUTURES is significant within the commodity trading arena in Indonesia, with a prime emphasis on gold trading, to name a few. This player functions with a brand name of ‘ABI COMMODITY.’ This organization has a comprehensive digital platform aimed at enabling safe, trusted, and secure commodity transactions for gold. Even though the digital presence is based on their website https://abicommodity.co.id/, this business acts as a trusted mediator for commodity futures trade, specifically gold.

Background and History

It is known that ABI Commodity FUTURES conducts its business using the ‘ABI COMMODITY’ brand, which is widely apparent on its official website. However, the company doesn’t reveal its establishment year, founders, or company background on its unrestricted website pages. This information can be found in the company profile section with the heading ‘Profil Perusahaan’.

Such a lack of background information implies that, whereas ABI Commodity FUTURES appears to be an established brand name in the commodities trading industry, the details of when and why it was formed are not actually revealed to the general public. Such a scenario may not be all too common with certain regional trading firms, which tend to emphasize more operating activity than background corporate narrative.

Key Features and Offerings

ABI Commodity FUTURES is mainly focusing on a digital platform tailored specifically for physical gold transactions, positioning itself as a trustworthy and transparent platform for commodity business. The product line of the company, as mentioned on its website, contains:

Physical Gold Trading (Emas): This focuses on the commodity product itself and deals with secure gold transactions.

GOFX Platform: This is a product/service name mentioned on the website, likely indicating a proprietary/specialized platform or service for commodity futures.

GOFX Platform

The GOFX product seems to have a crucial role in the service delivery of ABI Commodity FUTURES, acting possibly as a trading activity interface. However, the website does not provide information about the technical details of the trading platforms, such as compatibility with computers and smartphones, supported trading platforms (e.g., MT4, MT5), and availability of API integration. In this way, the technological functionality and trading experience offered by the ABI Commodity FUTURES are not fully considered.

Cultural and Social Considerations

Health

Compliance with regulation is an important consideration for any financial services firm, and even more so in the commodity futures industry. The website of ABI Commodity FUTURES carries the words "Berizin resmi & direkomendasi oleh :” (officially licensed & recommended by:), implying some sort of government approval or license in Indonesia.

However, the platform is not forthcoming with information regarding the names of the regulatory authorities, license numbers, and copies of the licenses. This is an issue since clients are not able to check the regulatory status of the broker from the online platform.

A summary table of information available is provided below:

Regulator

License Number

Status

Not disclosed

Not disclosed

Alleged Official Licensing (No Information Available)

Trading Conditions and Platform Technology

1.

Information about trading conditions like spreads, leverage, minimum deposits, commissions, and fees is not publicly disclosed on the official website of ABI Commodity FUTURES. Such lack of transparency can make it a problem for traders in analyzing whether a particular broker is cost-effective for their trading techniques or not.

Likewise, although the GOFX platform is mentioned as one of the most important technological offerings, there are no technical aspects provided by the website, such as comparisons, that could assist in understanding the functionalities of the platform.

This table below presents the available data regarding the terms of trade and platform technology:

Trading Condition

Details

Spreads

Not disclosed

Leverage

Not Provided

Minimum Deposit

Not disclosed

Commissions

Not specified

Platform

GOFX (information withheld)

Fee Structure

Thereis no direct information regarding the cost structure of the official website for ABI Commodity FUTURES. This applies to the lack of information on fees for deposits, withdrawal fees, inactivity fees, and any other type of fee for transactions the trader may resort to.

In the absence of this information, potential clients cannot adequately determine the cost of trade when dealing with ABI commodity FUTURES, which plays an important role in choosing a broker.

Fee Type

Covariate

Deposit Fees

The

Not disclosed

Withdrawal Fee

Not disclosed

Inactivity Fees

Not disclosed

Commission

No data

Mobile Experience and Market Reputation

---------------------------

In the

ABI Commodity FUTURES has proper contact details that are provided on the website, including the physical address of the company in Jakarta, phone number, and even an email address. However, the website does not offer any customer reviews and ratings.

The external aggregation websites provide contact information consistent with the ABI Commodity FUTURES website, although customer feedback information is not possible from the official customer website. Therefore, potential customers for this service have to make inquiries from the website or other external websites apart from the official website if reputational information is needed.

Recent Developments

There are postings dated 2022 and mention the GOFX product, though there do not appear to be news postings or updates specifically dated 2024 or 2025. This is an indication that perhaps the company has made no postings of news or that the news is not front and center on their website. This has resulted in a lack of insight into ABI Commodity FUTURES' latest initiatives, product development, and strategic plans for the coming years. Conclusion

ABI Commodity FUTURES claims to be an online platform specializing in physical gold trading in Indonesia, under the brand name "ABI COMMODITY." Though the platform uses its own platform, GOFX, stressing the aspects of security, trust, and transparency, there is limited publicly accessible data from the official website regarding the platform, specifically on the critical points below. Important details like the incorporation history of the companies, regulatory licenses, general trading terms, operational costs, technical specifications of the platform, and reviews from customers are not publicly exposed. This might raise some difficulties for prospective investors looking for all necessary information to make informed decisions. For those day traders willing to take the chance on ABI Commodity FUTURES, it may be necessary to get in touch with them or look further to determine the status of the services they offer in regard to regulation.

Regulatory Licenses

Compliance & oversight

2 licenses
Indonesia
BAPPEBTITier 3
Indonesia#001/BAPPEBTI/SI/02/2020
License Details
Type:Dealing in futures contracts
License #:001/BAPPEBTI/SI/02/2020
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Indonesia
BAPPEBTITier 3
Indonesia#01/BAPPEBTI/SP-PPPED/06/2022
License Details
Type:Dealing in futures contracts
License #:01/BAPPEBTI/SP-PPPED/06/2022
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

1 type
Gold
VIP
1
Total Types
1
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

9 methods
ACH
Bank Transfer1 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Withdrawal time of 2-3 business days mentioned for shares/bonds, not futures-specific.
Debit Card
Debit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Incoming Checks/Wires
Wire Transferdays
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Domestic Wire Transfer
Wire Transferdays
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:USD 30
Min:N/A
Max:N/A
7
Free Deposit
9
Instant
0
Crypto

Trading Platforms

Professional trading tools

1 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with ABI Commodity FUTURES: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark ABI Commodity FUTURES at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for ABI Commodity FUTURES

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://webreg.abicommodity.co.id/login
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Comments

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