SIBL
Social Islami Bank Limited16.7Regulated
IndonesiaEst. 1991FSC
1 licence
Is Arta Mas Futures a scam?
Wikilix independent safety report
0%Scam risk
Likely scamConfidence: MEDIUM
2.0/5Safety rating 2 out of 5
Arta Mas Futures is not a licensed broker. Indonesia's futures regulator BAPPEBTI revoked its licence in 2020, yet artamasfutures.com is still online today describing itself as an operating, licensed…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation9/10 · CriticalIdentity & transparency5/10 · ModerateWithdrawals & conduct7/10 · HighReputation7/10 · HighWebsite claims9/10 · CriticalOperational history6/10 · High
Editorial review
Broker Summary
What Wikilix has recorded about Arta Mas Futures: its history, the licences it holds, its trading conditions and its fees.
Arta Mas Futures is the trading name of PT. Arta Mas Futures, a futures brokerage based in Jakarta, Indonesia. Its website presents the firm as a commodity, stock-index and foreign-exchange broker serving Indonesian clients, and dates the business to 2005. The registered office is given as Grand Slipi Tower Lt.19 unit 19-i, Jl. S Parman Kav 22-24 Palmerah, Jakarta Barat 11480.
Regulation. The website markets the firm as legally established and refers in general terms to licensed commodity trading in Indonesia, but it does not publish a licence number, a licensing authority, a licence certificate or any link to a supervisory register. WIKILIX found a claim that the firm once held an Indonesian retail forex permission numbered 601/BAPPEBTI/SI/I/2005, but that claim is not repeated anywhere on the broker's own site and could not be confirmed with the issuing authority in this review. Readers should treat the firm as an operator whose supervision is unverified.
Corporate identity. The operating entity is confirmed on an authoritative record: PT. ARTA MAS FUTURES is a perseroan terbatas formed in Indonesia, entity status active, registered as 02.393.338.5-063.000 in the Company Directory of the Ministry of Trade, at the same Grand Slipi Tower address the website gives. Its Legal Entity Identifier, 213800A4TIGRMX7W1U17, has not been renewed since 2019 and now shows a lapsed registration status. A company registration is not a trading licence and should not be read as one.
What is on offer. The site describes trading in foreign exchange, stock indices and commodities, segregated client accounts, educational material and analysis, and access to a trading platform from iPhone, iPad and Android. It publishes no account types, no minimum deposit, no leverage, no spread or commission schedule, no named trading platform, and no deposit or withdrawal methods. Nothing on the site allows a prospective client to open an account online; contact is by telephone, email or a short enquiry form.
Support and coverage. Support is offered on +6221 397 00180 and at support@artamasfutures.com and info@artamasfutures.com, Monday to Friday, 08:00 to 17:00 Jakarta time. The site is published in Indonesian only. The footer disclaimer states the firm cannot serve and does not accept clients resident in the United States, Iran or North Korea.
Who it suits, and the caveats. This is a domestically focused Indonesian futures brokerage with a thin, brochure-style web presence. It may suit an Indonesian-speaking client who is willing to conduct the whole onboarding offline and to obtain the commercial terms and the licence documentation directly from the firm in writing. It is not suitable for anyone who needs published trading conditions, verifiable regulation, an international support desk, or documented withdrawal terms before depositing.
Website archive
Website snapshots
5 full-page captures of Arta Mas Futures's own site, archived so what they said can still be read after the pages change.
5 pages
Regulation check
Regulatory Licenses
None of the registrations on record for Arta Mas Futures could be confirmed as a trading licence. Read each row before treating any of them as regulation.
1 of 1 checked
1Licences on record
0Confirmed on register
0Tier 1 or 2
1Offshore
How far our check got
- 1 not a trading licence
BAPPEBTITier 3OffshoreIndonesiaRetail Forex LicenseNo. 601/BAPPEBTI/SI/I/2005Not confirmed as a licenceChecked
What the register says
- Licence number
- 601/BAPPEBTI/SI/I/2005
- Type
- Retail Forex License
- Register status
- Cancelled. BAPPEBTI lists the firm on its register of futures brokers whose licence has been withdrawn, following Head of BAPPEBTI Decision No. 05 of 2020.
- Effective
- Jan 1, 2005
- Expires
- No expiry shown
What our check found
Indonesia’s statutory commodity futures regulator, part of the Ministry of Trade. This was a full futures broker business licence, and it was revoked in 2020. Client protection: None today. A live BAPPEBTI licence brings client fund segregation and a regulated complaints route, but the licence has been withdrawn, so none of that protection applies.. Effective: Jan 2005.
Client protection under this licence
- Compensation schemeIndonesia deposit insurance covers up to IDR 2 billion per depositor
- Complaints routehotline +62 21 344 1908, email pengaduan@bappebti.go.id
- Maximum leverage1:100
These are the rules BAPPEBTI sets for the firms it licenses. They are not a statement about how Arta Mas Futures applies them, or about which of its companies would hold your account.
About Badan Pengawas Perdagangan Berjangka Komodit
Offshore regulatorGovernment bodyCompensation: Indonesia deposit insurance covers up to IDR 2 billion per depositorPublic registerTransparency: medium- Typical cost of this licence
- At least IDR 50 billion paid-up capital; maintain IDR 40 billion equity
Client acceptance
Country availability
Where Arta Mas Futures says it will and won't take clients
8 countries
Confirmed blocked
Named in the broker's own terms
USUnited StatesIRIranKPNorth Korea
Covered by a parent block
Territories a blocked country carries with it
PRPuerto RicoGUGuamVIVirgin Islands (U.S.)ASAmerican SamoaMPNorthern Mariana Islands
How we know — 3 sources
- 1The disclaimer in the footer of the broker's own website (https://artamasfutures.com/) states that PT. Artamas Futures cannot provide services to and does not accept clients from the United States, Iran and North Korea, giving US, IR and KP.
- 2US dependent territories (PR, GU, VI, AS, MP) are not named by the broker and are recorded as covered by the block on the United States rather than as confirmed.
- 3The disclaimer page (https://artamasfutures.com/disclaimer.php) adds that the services may only be used in accordance with the laws of the Republic of Indonesia, but names no further country; no whitelist is recorded because the site publishes no registration form or country selector.
Legal entities
Corporate Network
One legal entity behind the Arta Mas Futures brand.
1 entity
Company registry check
Company Registration
Arta Mas Futures names PT. Arta Mas Futures as the operating company. We could not confirm that registration on the registry.
Not confirmed on registry
- Legal entity
- PT. Arta Mas Futures
- Jurisdiction
- Indonesia
- Registry
- BAPPEBTI licensee record (Indonesian commodity futures regulator)
- Registered address
- Grand Slipi Tower Lt. 19 Unit 19i, Jl. Letjen. S. Parman Kav 22-24, Palmerah, Jakarta Barat 11480, Indonesia
Comments
Share your thoughts and experiences with Arta Mas Futures