GOFX is a commodity multilateral product consisting of Spot Gold  Contracts, Crude Oil Futures Contracts, and Forex Spot Contracts. All GOFX products are available in Mini size (1/10 of standard contract size) and Micro size (1/100 of standard contract size).

The most popular GOFX product to trade is GOLDUDMic (micro).

LOCO London is used for GOLDUD and GOLDUDMic.

WTI Crude Oil is used for COFU100 and COFU10.

Spot forex is used for forex products.

The minimum deposit amount to trade GOFX is US$500, however Phillip Futures is currently offering a promotion, read more.

GOFX is available in two sizes:

Mini (1/10 of standard contract size) &  Mikro (1/100 of standard contract size).

GOFX trading hours is available from Monday to Friday, 06:00 – 04:30 WIB GMT+7 (05:00 – 03:30 at DST in US).

Trading hours for COFU10 and COFU100 is available from Monday to Friday, 06.00 – 05.00 WIB GMT+7 (05.00 – 04.00 at DST in US).

 *Commission fee written above is eligible during our promotion period. For more information, please click here.

Spread for GOFX starts from 4 pips.

Margin Call in GOFX occurs when the Margin level is below 100%. Clients that receive Margin Call are not able to add an open position, unless the liquidate an existing position.

Auto Cut in GOFX will happen automatically if the equity level reaches 30% or less than the Initial Margin.

All GOFX products are rollover, except for COFU100 and COFU10.

Phillip Futures does not charge market data fee for GOFX.

During this promotional period, you do not need to pay platform fees for your account. This will help you maximise your trading returns with us.

This promotion can be altered at any time, and all decisions of PT Phillip Futures regarding this promotion cannot be contested.

During this promotional period, you will not be charged inactivity fees for the account.

This promotion can be altered at any time, and all decisions of PT Phillip Futures regarding this promotion cannot be contested.

MetaTrader 5 is the trading platform used to trade GOFX. Click here to download platform. 

Phillip Futures offers a free coaching session for Clients to learn trading and/or investing. Click here to make an appointment. 

Multilateral GOFX MT5  is a product of  ICDX (Indonesia Commodity Derivatives Exchanges) where each transaction’s transparency is guaranteed as every trade is done within the exchange.

MT5 GOFX adopts netting as its trading system, where Clients are unable to open both “Buy” and “Sell” positions at the same time. Doing so will liquidate a position opened before.

Opening positions can be done with more than 1 lot, the price displayed on the MT5 platform will be the average price of the amount of positions opened.

Unrealised Profit/Loss & Realised Profit/Loss that is displayed within the platform trading MT5 is still in the form of gross Profit/Loss.

Difference in account balance might happen between platform and client statement as each platform has a different method of calculation. However, if a difference of account balance does occur, Phillip Futures will refer to the client’s  daily statement.

Clients are able to do deposits to their trading accounts during these hours, 09.00 – 18.00 WIB.