Broker Summary
Summary of the broker
Genesis Gemilang Futures, established in 2022, is an up-and-coming Indonesian forex and futures brokerage. By combining strong regulatory support and an innovative approach to market access, Genesis Gemilang Futures seeks to create secure access to markets for both new and experienced traders.
Genesis Gemilang Futures has rapidly garnered attention in its short existence for its regulatory compliance and domestic/international access to futures products. Notably, it is the only Indonesian Futures brokerage to offer FX trading access via SGX using the Penyaluran Amanat Luar Negeri (PALN) mechanism. Genesis places a high priority on transparency and efficiency in its trading solutions by focusing on the unique needs of the Indonesian marketplace.
Genesis Gemilang Futures provides excellent market access, many markets are available for spot forex trading and a variety of futures products (commodity, equity index, currency) via PALN.
A multilateral trading facility (MTF) is established to provide access to lower fees and a broader range of liquidity. This facilitates faster order execution.
Client fund protection is achieved through the Kliring Berjangka Indonesia (KBI), which provides protection for clients' funds and eliminates any credit risk.
As an active member of the regulatory body, the Jakarta Futures Exchange (JFX), the Kliring Berjangka Indonesia (KBI), and as a licensed futures broker through BAPPEBTI, Genesis is in compliance with all applicable regulations of Indonesia.
Other Information About Genesis Gemilang Futures:
Implementation of PALN on FX Trading via SGX was a significant milestone in 2022 with no further updates for 2024-2025. Regulatory status indicates stability in current operations.
The most important aspect of Genesis Gemilang Futures is the solid regulatory foundation, providing security over clients' funds, and access to many international markets for diversification. Although trading conditions and fees are not available, one can obtain detailed information from Genesis directly.
Regulatory Licenses
Compliance & oversight
JFXTier 3Regulated
BAPPEBTITier 3Regulated
Account Types
Trading account options
No Account Types
Account type information is not available for this broker yet.
Funding Methods
Deposit & withdrawal options
Local Bank Transfers
E-wallets (Skrill)Instant
Credit/Debit CardsInstant
Wire Transfers
Live Spreads & Trading Costs
Compare real-time spreads on major currency pairs
Spreads are the core trading cost with GENESIS: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.
- Live spread table for six major currency pairs, refreshed every few seconds
- Excellent / competitive / high ratings so you can benchmark GENESIS at a glance
- Bid, ask and pip-change data to estimate your real cost per trade
Spread data is indicative and for comparison purposes only
Social Presence
Digital community engagement
No Social Media Presence
This broker doesn't have active social media accounts
Corporate Network
Enterprise structure & relationships
PT Genesis Gemilang Futures
Registration
1239689
Established
2022-01-01
Comments
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