First State Futures Review

Updated: February 12, 2026
First State Futures
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Fast Facts

Contact Info and Support

Traffic information

CategoryMetricsMeaning
RatingsGlobal Rank-
Country Code-
Country Rank-
Category Rank-
Engagement metricsVisits393
Bounce Rate0.3887
Pageviews per Visit3.88
Avg. Visit Duration182.35
Estimated monthly visitsJuly 2025315
August 2025662
September 2025393
Top countriesIndonesia (ID)100%
Traffic sourcesSearch45.91%
Direct33.54%
Referrals13.33%
Social4.76%
Paid Referrals1.48%
Mail0.26%
Top keywordswildstate adalah30 ◦ $0
appl 1 lot in idr0 ◦ $0

About First State Futures

PT First State Futures, based in Surabaya, Indonesia, holds regulatory licenses: BAPPEBTI license number 18/BAPPEBTI/PN/3/2010, Jakarta Futures Exchange (JFX) membership SPAB‑058/BBJ/01/04, Indonesia Commodity and Derivatives Exchange (ICDX) license 037/SPKB/ICDX/Dir/VIII/2010, and Kliring Berjangka Indonesia (KBI) certificate 15/AK‑KBI/PN/IV/2010. The broker uses segregated bank accounts across multiple Indonesian banks (e.g., BCA, Mandiri, BNI) for client fund protection and offers trading via MetaTrader 4 and JAFeTS Now platforms. Instruments include commodities, indices, currency pairs, U.S. single stocks, metals, energy, and micro multilateral products. Regional restrictions apply; residents of the U.S., Iran, North Korea, Hong Kong, and certain Canadian provinces (British Columbia, Quebec, Saskatchewan) are excluded.

Pros and cons

Pros

  • Licensed by multiple Indonesian regulators, including BAPPEBTI, JFX, ICDX, and KBI
  • Client funds held in segregated accounts across reputable banks
  • Wide range of instruments: commodities, forex, indices, U.S. stocks, metals, energy

Cons

  • BAPPEBTI license has been revoked or flagged in some sources
  • JFX license is noted as "suspicious clone" by third-party alerts
  • Unclear information on spreads, leverage, minimum deposit, fees, and account types
  • Regional restrictions prevent access from several jurisdictions

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