Is IDFX a scam?
Wikilix independent safety report
We found no evidence that IDFX is a scam. PT. IDFX Futures Internasional holds a genuine Indonesian futures-broker licence that we confirmed on the regulator's own register, and the register lists th…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Broker Summary
What Wikilix has recorded about IDFX: its history, the licences it holds, its trading conditions and its fees.
IDFX is the trading brand of PT. IDFX Futures Internasional, an Indonesian futures brokerage operating from Jl. Danau Sunter Utara Blok A36D, Kav No. 37, Jakarta Utara 14350. It is a domestically focused broker: its official website is published in Indonesian only, its client portal serves Indonesian clients, and its permissions authorise it to serve residents of Indonesia rather than an international audience.
Regulation. Two Indonesian permissions are on record. The first is a Forex Trading License (EP) numbered 006/BAPPEBTI/SI/12/2024, issued by Indonesia's commodity futures regulator to PT. IDFX FUTURES INTERNASIONAL and covering foreign exchange, futures and financial derivatives trading. The second is a Derivatives Trading License (AGN) numbered SPAB/192/BBJ/11/2024, a broker membership of the Jakarta Futures Exchange covering futures trading. Both are shown as in force and both name the same operating company that the website names, which is the consistency a reader should want. The broker's own footer describes it as licensed and supervised by OJK, Indonesia's financial services authority, and it publishes supporting documents on its site. This is genuine domestic regulation, but it is domestic: Indonesian futures permissions are built around segregated local accounts and local dispute resolution for local residents, and they carry none of the cross-border investor-compensation protection that a European or UK licence would give a foreign client.
Platforms and offering. Trading is on MetaTrader 5, provided under a white-label arrangement with the trading server hosted in Indonesia. Alongside it the broker offers a browser-based demo platform and the JaFeTS NOW mobile application for iOS, with an Android build described as forthcoming. Demo and live accounts are both offered through the client portal.
What the broker does not publish. IDFX does not put its commercial terms in front of a prospective client. There is no published account-tier comparison, no spread or commission schedule, no stated minimum deposit, no leverage figure, and no deposit and withdrawal table with fees, limits or processing times. Several of the site's own pages, including its legality, segregated-account and privacy documents, were not retrievable during this review. A trader therefore cannot compare IDFX on price or funding terms without opening the account first, which is a meaningful transparency gap rather than a sign of wrongdoing.
Restrictions. The site states it does not serve residents of the United States, North Korea, Iran, countries of the African continent, or any other jurisdiction where doing so would breach local law.
Who it suits. Indonesian residents who want a locally licensed and locally supervised futures broker on MetaTrader 5, and who are content to obtain pricing directly. It is not a fit for international traders, who are largely outside its permitted market and would be relying on a domestic framework not designed for them. As with any operator only recently licensed, prospective clients should confirm current terms, fees and withdrawal handling in writing before funding an account.
Website snapshots
One full-page capture of IDFX's own site, archived so what it said can still be read after the page changes.
Regulatory Licenses
Every licence IDFX has in force is from an offshore regulator. Most carry no compensation scheme — each row below says what the issuing regulator actually requires.
How far our check got
- 2 confirmed on a register
BAPPEBTITier 3OffshoreConfirmed on registerChecked
What the register says
- Licence number
- 03/BAPPEBTI/SPA/04/2025
- Type
- Retail Forex License
- Register status
- Active
- Effective
- Apr 24, 2025
- Expires
- No expiry shown
What our check found
A separate BAPPEBTI approval to act as a participant in the Sistem Perdagangan Alternatif, the regulated framework under which Indonesian brokers may offer bilateral forex, index, gold and CFD contracts. This is the permission that covers the forex side of the business. Client protection: Brings the bilateral forex and CFD business inside the same domestic supervisory regime, including the segregated-account requirement.. Effective: 24 Apr 2025.
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 IDFX 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
JFXTier 3OffshoreConfirmed on registerChecked
What the register says
- Licence number
- SPAB/192/BBJ/11/2024
- Type
- Dealing in futures contracts
- Register status
- Active exchange membership (not a standalone regulatory licence)
- Effective
- Nov 4, 2024
- Expires
- No expiry shown
What our check found
An approval certificate as a member of the Jakarta Futures Exchange (Bursa Berjangka Jakarta). This is exchange membership, which Indonesian brokers must hold alongside the BAPPEBTI licence in order to route orders to the exchange, rather than a regulatory licence in its own right. Client protection: Gives access to exchange rules, exchange systems and the exchange complaint route, but the client-money protection comes from the BAPPEBTI licence, not from this membership.. Effective: 04 Nov 2024.
Client protection under this licence
- Compensation schemeClearing house guarantee fund
- Complaints routeBappebti dispute resolution & arbitration
- Maximum leverage1:100
These are the rules JFX sets for the firms it licenses. They are not a statement about how IDFX applies them, or about which of its companies would hold your account.
About Jakarta Futures Exchange
Offshore regulatorGovernment bodyCompensation: Clearing house guarantee fundPublic registerTransparency: medium- Typical cost of this licence
- USD 1m membership & capital
Country availability
Where IDFX says it will and won't take clients
Confirmed blocked
Named in the broker's own terms
Covered by a parent block
Territories a blocked country carries with it
Explicitly accepted
Named as accepted — not a full list of served markets
How we know — 5 sources
- 1Homepage footer risk disclaimer (https://idfx.id): the operator states it does not provide services to residents of certain countries, naming the United States, North Korea and Iran. Those three are recorded as confirmed blocks.
- 2The same disclaimer also names 'negara-negara pada benua Afrika' (countries of the African continent) and 'other countries where such distribution or use would be contrary to local law'. These are categories rather than named jurisdictions, so no individual African country code has been recorded; the wording is preserved here instead.
- 3United States dependent territories (Puerto Rico, Guam, US Virgin Islands, American Samoa, Northern Mariana Islands) are recorded as covered by the named United States block; the disclaimer does not name them itself.
- 4Indonesia is recorded as accepted: the operator is an Indonesian company whose licences authorise it to serve Indonesian residents, and its own site markets exclusively in Indonesian with a domestic client portal.
- 5Terms and privacy documents (/sanggahan, /privasi, /legalitas) could not be retrieved this run; the registration form at portal.idfx.id could not be opened either, so no onboarding country selector was read.
Trading Platforms
One trading platform on record: Meta Trader 5.
- Meta Trader 5RecommendedWindowsMacLinuxWebAndroidiOSAPIDetails
Corporate Network
One legal entity behind the IDFX brand.
Company Registration
The operating company is PT. IDFX Futures Internasional. Registered in Indonesia.
- Legal entity
- PT. IDFX Futures Internasional
- Jurisdiction
- Indonesia
- Registry
- BAPPEBTI register of licensed futures brokers (the Indonesian corporate registry entry is not publicly accessible)
- Registered address
- Jl. Danau Sunter Utara, Blok A-36D, Kav. No. 37, Kel. Sunter Agung, Kec. Tanjung Priok, Jakarta Utara, DKI Jakarta 14350, Indonesia

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