Topgrowth Futures

Topgrowth Futures is the trading brand of PT. Topgrowth Futures, an Indonesian futures brokerage that presents itself from an office address at Sahid Sudirman Center, Floor 40, Unit F-G, Jl. Jend. Sudirman Kav. 86, Jakarta 10220. The firm markets forex, index futures, commodities, contracts for difference and gold to Indonesian retail clients, and quotes account minimums in rupiah alongside a US dollar equivalent.

Regulation. The brand is associated with a claimed Indonesian commodity futures supervisory licence numbered 300/BAPPEBTI/SI/III/2004. WIKILIX was not able to confirm that licence this run: the broker's own website did not respond to repeated requests, so no regulation page, licence certificate or legal document could be read, and no regulator register is consulted in this workflow. A licence that cannot be tied to an authority's own record must be treated as unproven, and this one is recorded as unverified. Prospective clients should treat the regulatory position as unestablished rather than confirmed.

Accounts and platforms. Three account tiers are published: a free Demo account, a Mini account entered at 5,000,000 rupiah (about 500 US dollars) with a 0.1 lot minimum and a 5 lot maximum trade size, and a Reguler account entered at 100,000,000 rupiah (about 10,000 US dollars) with a 1 lot minimum and a 50 lot maximum. Trading runs on MetaTrader 4, offered under the house name Topgrowth Trader, and on a proprietary web platform called Pro-iTrader that carries live quotes, charting and news. Twelve major and cross currency pairs are named: EURUSD, USDJPY, GBPUSD, USDCHF, AUDUSD, NZDUSD, USDCAD, EURGBP, EURJPY, GBPJPY, CHFJPY and AUDJPY.

Costs and funding. Spreads, commissions, swap terms and maximum leverage are not published, and no deposit or withdrawal schedule, fee table or processing time is disclosed. That is a material gap: a client cannot price a trade or plan a withdrawal from the information available.

Support. Contact runs through a Jakarta telephone number, +62 21 2788 9393, an enquiry form and the address [email protected]. Support hours are not stated. Trading hours follow the Jakarta clock, with the forex session running from Monday morning to Saturday morning and shifting by half an hour between summer and winter.

Who it suits, and the caveats. The offering is aimed at Indonesian clients who want exchange-style futures and forex exposure through a local firm, and the Reguler tier is priced for well capitalised traders rather than beginners. Against that, the licence claim is unverified, the operating company could not be confirmed on a public register, the entry-level pricing and all funding terms are undisclosed, and the website was unreachable throughout this review. Anyone considering an account should ask the firm in writing for its current licence certificate, its full fee schedule and its withdrawal terms, and confirm the licence directly with the Indonesian supervisor before depositing.