HFX International Berjangka vs Monex Investindo Futures (MIFX): licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeHFX International BerjangkaMonex Investindo Futures (MIFX)
Licence Score33Weak34Weak
Strongest licence 3 Tier 3 3 Tier 3
Licences on record11
3 BAPPEBTI Indonesia LicensedLicensed
Founded20082000
HeadquartersIndonesiaIndonesia
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5MT4, Proprietary
Minimum deposit——
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Frequently asked questions

Is HFX International Berjangka or Monex Investindo Futures (MIFX) better regulated?

Monex Investindo Futures (MIFX) has the higher Licence Score (34 vs 33), based on the number and tier of licences, operating history and public listing.

Which regulators license both HFX International Berjangka and Monex Investindo Futures (MIFX)?

Both are matched to licences from BAPPEBTI.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.