Trading Condition

US Resident

Please note that due to regulatory restrictions, we are not able to accomodate US Residents.

Commission for Futures
Commission are charged at a rate of 15 USD per contract.

Initial Margin
The initial margins listed below are the collateral per contract that you must have in your account to open a position.

Margin Requirements
Futures contracts are traded on margin enabling you to leverage a small margin deposit for a much greater market effect.

Accounts that fail to meet the required margin levels at the above mentioned hours, must close all or part of their open positions, open a hedge position or deposit more money.

Partial Fills
Partial fills may occur on limit orders and the remaining amount stays in the market as a limit order and may be filled within the order duration.

Market orders can be filled at numerous levels, the price paid will be the volume weighted average price of all the fills.








Ticket Fees for Mini Accounts
An additional ticket fee in the amount of 5 usd is added to every mini account transactions to cover administration cost.

STOP OUT Level
STOP OUT Level is calculated based on 10 % X Margin Requirement.

Margin calls
You must maintain the Maintenance Margins listed per contract in your account at all times. If the funds in your account fall below this margin, you will be subject to a margin call to either deposit more funds to cover your positions or close positions.

Expiry of Futures Contracts
Please note that PT. Millennium Penata Futures does not support physical delivery of the underlying security upon expiry of a futures contract. We therefore advise you to be aware of the expiry and first notice dates of any futures contracts you invest in and ensure that you close your position before this date.

If you do not close a futures position before its expiry or first notice date, PT. Millennium will close your position for you at the first available opportunity at the prevailing market rate. Any resulting costs, gains or losses will be passed on to you


PT. MILLENNIUM
PENATA FUTURES

Menara Kebon Sirih,
20-21th Floor Jakarta,
10340 INDONESIA

Ph: +6221 392 9929
Fax: +6221 392 1315

TOLL FREE
0-800-123-MPFX (6739)

Email: info@mpf.co.id

Blackberry PIN: 224A9D56

Brokerage Permit License: 188/BAPPEBTI/SI/II/2003