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Sanjay sirohi
Within 1 year

Based on your own experience, what do you consider the three main benefits of working with BPF?

Broker Issues
BPF
Regulation
02-06
United States
WikiFX
Reply

In my experience trading with BPF, the first notable benefit has been their regulation under both BAPPEBTI and the Jakarta Futures Exchange (JFX). As someone who prioritizes broker legitimacy and oversight, I found that BPF’s clear licensing provides a foundational level of trust and helps mitigate some common concerns about trading risk, especially in the Indonesian market. This depth of local regulation distinguishes BPF from many offshore outfits and, for me, offered a degree of security regarding the compliance of the firm with the country's financial standards. Secondly, I value their straightforward fee structure. BPF charges a flat transaction fee of 3 points plus VAT, which, from my comparisons to other Indonesian brokers, is fair and easily understandable. Knowing upfront what my transaction costs will be allows me to plan trades with greater precision and without worrying about hidden charges. This transparency is crucial, particularly for those of us who trade actively and want to avoid any surprises in our trading costs. Lastly, I’ve found their Pro Trader mobile app to be practical, especially for monitoring the markets and placing trades on the go. The app’s accessibility on both iOS and Android made it easier for me to keep up with my trading routine without being tethered to a desktop. While BPF’s product coverage is primarily focused on futures contracts and local commodities, I appreciate having a modern mobile trading solution that facilitates my strategy within the local regulatory environment.

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