3Moderate

BAPPEBTI regulated forex brokers

Commodity Futures Trading Regulatory Agency · 🇮🇩 Indonesia

The Commodity Futures Trading Regulatory Agency (BAPPEBTI) is the financial regulator for Indonesia, established in 1999. ForexLicenses.com classifies it as tier 3 (moderate regulation). We currently match 23 brokers in our database to an BAPPEBTI licence.

Indonesian residents may legally trade forex only through local futures brokers (pialang berjangka) registered with BAPPEBTI and a futures exchange. BAPPEBTI routinely blocks hundreds of illegal trading websites each year, including local-language mirrors of offshore brokers. Supervision of some financial derivatives has been shifting toward the OJK, so check both agencies.

Key rules for retail clients

Tier: Tier 3 — Moderate regulation
Compensation: Guarantee via clearing house (KBI / KKI)
Leverage: Set per contract
Negative balance protection: Not a regulatory requirement
Client money: Segregated client accounts at approved banks
Complaints: BAKTI (commodity futures arbitration)

Brokers licensed by the BAPPEBTI 23

Broker Licences on record Licence Score Actions

1 AF Agrodana Futures Forex & CFD broker, since 2002 BAPPEBTI 34Weak Licences Visit site

2 BF BestProfit Futures Forex & CFD broker, since 2002 BAPPEBTI 34Weak Licences Visit site

3 D Didimax Forex & CFD broker, since 2004 BAPPEBTI 34Weak Licences Visit site

4 EF Equityworld Futures Forex & CFD broker, since 2000 BAPPEBTI 34Weak Licences Visit site

5 F Finex Forex & CFD broker, since 2001 BAPPEBTI 34Weak Licences Visit site

6 G GKInvest Forex & CFD broker, since 2002 BAPPEBTI 34Weak Licences Visit site

7 IM International Mitra Futures Forex & CFD broker, since 2002 BAPPEBTI 34Weak Licences Visit site

8 JA Jalatama Artha Berjangka Forex & CFD broker, since 2004 BAPPEBTI 34Weak Licences Visit site

9 KP Kontak Perkasa Futures Forex & CFD broker, since 2000 BAPPEBTI 34Weak Licences Visit site

10 MF Maxco Futures Forex & CFD broker, since 2000 BAPPEBTI 34Weak Licences Visit site

11 MA Midtou Aryacom Futures Forex & CFD broker, since 2001 BAPPEBTI 34Weak Licences Visit site

12 MP Millennium Penata Futures Forex & CFD broker, since 2002 BAPPEBTI 34Weak Licences Visit site

13 MI Monex Investindo Futures (MIFX) Forex & CFD broker, since 2000 BAPPEBTI 34Weak Licences Visit site

14 RT Real Time Futures Forex & CFD broker, since 2004 BAPPEBTI 34Weak Licences Visit site

15 RF Rifan Financindo Berjangka Forex & CFD broker, since 2000 BAPPEBTI 34Weak Licences Visit site

16 SG Solid Gold Berjangka Forex & CFD broker, since 2003 BAPPEBTI 34Weak Licences Visit site

17 TF Topgrowth Futures Forex & CFD broker, since 2004 BAPPEBTI 34Weak Licences Visit site

18 TP Trijaya Pratama Futures Forex & CFD broker, since 2000 BAPPEBTI 34Weak Licences Visit site

19 VA Valbury Asia Futures Forex & CFD broker, since 2002 BAPPEBTI 34Weak Licences Visit site

20 VI Victory International Futures Forex & CFD broker, since 2003 BAPPEBTI 34Weak Licences Visit site

21 AT Asia Trade Point Futures Forex & CFD broker, since 2008 BAPPEBTI 33Weak Licences Visit site

22 HI HFX International Berjangka Forex & CFD broker, since 2008 BAPPEBTI 33Weak Licences Visit site

23 DF Doo Financial Futures Forex & CFD broker, since 2019 BAPPEBTI 27Weak Licences Visit site

Frequently asked questions

How do I check if a broker is BAPPEBTI regulated?

Search the firm's name or licence number on the BAPPEBTI official register (https://bappebti.go.id/pialang_berjangka), confirm the status is current and that the website domain you're using is listed, then check the BAPPEBTI warning list for clones.

Does the BAPPEBTI offer investor compensation?

Guarantee via clearing house (KBI / KKI)

What leverage do BAPPEBTI-regulated brokers offer?

Set per contract

Is negative balance protection required by the BAPPEBTI?

It is not a regulatory requirement under the BAPPEBTI, though some brokers offer it contractually.