Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
3/10 · LowIndonesian futures-broker licence 006/BAPPEBTI/SI/12/2024 confirmed on the regulator's own register with a full identity match, plus a separate alternative-trading-system approval and exchange membership; marked down only because BAPPEBTI is a domestic regulator with no investor compensation scheme.
Identity & transparency
3/10 · LowCompany name, Jakarta address, phone, email and website all match the government register, and five licensed representatives plus the president director are named; the company registration number and incorporation date are not published anywhere we could reach.
Withdrawals & conduct
3/10 · LowNo complaints of any kind found, and no demand for an extra payment to release funds; scored above the clean anchor only because there is also no evidence of a single successful payout.
Reputation
5/10 · ModerateNo reputation either way after a sweep of review platforms, Indonesian forums, Reddit and a broker directory; a licensed broker roughly two years in with no public trace at all cannot be treated as having a good record.
Website claims
2/10 · LowLicence and certificate numbers on the broker's own pages match the register exactly, with no inflated founding year, no fake awards and no profit promises, alongside a clear risk warning and restricted-country list.
Operational history
5/10 · ModerateDomain registered 29 May 2024 and first licence November 2024, giving under two and a half years of history, and the company itself could not be dated so that figure is an upper bound.
Who they are
A quick desk file on the company behind the brand.
- Brand: IDFX
- Legal entity: PT. IDFX Futures Internasional, an Indonesian limited liability company (Perseroan Terbatas)
- Registered: Jl. Danau Sunter Utara, Blok A-36D, Kav. No. 37, Kel. Sunter Agung, Kec. Tanjung Priok, Jakarta Utara, DKI Jakarta 14350, Indonesia
- Website: idfx.id (the same address the regulator's register records for this company)
- Main licence: BAPPEBTI futures-broker licence 006/BAPPEBTI/SI/12/2024, plus alternative-trading-system approval 03/BAPPEBTI/SPA/04/2025
- Also on record: Jakarta Futures Exchange membership SPAB/192/BBJ/11/2024 and a clearing membership with Kliring Berjangka Indonesia, 169/AK-KBI/XI/2024
- Offers: exchange-traded (multilateral) commodity futures and bilateral forex, index, gold, energy and single-stock CFDs, traded on the exchange's own JaFeTS platform
- Client money: segregated accounts at Bank Central Asia, CIMB Niaga and BNI, all named on the regulator's register
- Not accepted: residents of the United States, North Korea, Iran and African countries, per the broker's own risk disclosure
- Age: the broker advertises no founding year. Domain registered 29 May 2024, first licence November 2024
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: Yes
We confirmed this broker on a genuine regulator’s register.
Licences the broker publishes
BAPPEBTI
BAPPEBTI
JFX
Kliring Berjangka Indonesia (KBI)
Why we reached this verdict
How the evidence adds up.
Two separate things are true here, and the score reflects both.
- The regulation is real, and it is this company's own. We opened BAPPEBTI's public register of licensed futures brokers and found PT. IDFX FUTURES INTERNASIONAL holding licence 006/BAPPEBTI/SI/12/2024. The entry records the website as www.idfx.id, the email as [email protected], the phone as 021-65303213 and the Jakarta Utara address. Every one of those matches the operation we investigated. That is the check that catches impersonators, and IDFX passes it on all three points: name, website and contact details.
- Nothing is being overstated. The licence and certificate numbers the broker publishes are the same numbers the register holds. There is no claim of a tier-one licence it does not have, no invented awards, no guaranteed returns, and no boast about years of history that the records contradict. The site carries a plain risk warning and a list of countries it will not serve. Honest paperwork is not proof of good conduct, but it is the opposite of the pattern we see on scam sites.
- The client-money framework exists on paper. The register names four segregated client accounts at three established Indonesian banks, and the broker clears through the state-owned futures clearing house. Trades run on JaFeTS, the exchange's own system, rather than a platform the broker controls by itself.
- No regulator has anything against it. BAPPEBTI publishes a list of brokers whose licence has been revoked. IDFX is not on it. We also searched the international warning and alert lists and found no entry naming this company or this domain.
- But the history is very short. The domain was registered on 29 May 2024. The first licence dates from November 2024. We could not establish the company's incorporation date, because the Indonesian corporate registry entry is not publicly accessible, so the figure of roughly two years and three months is an upper bound resting on the domain alone. The real operating age may be shorter, not longer.
- And there is no public trace of clients. We searched by domain and by company name across review platforms, Indonesian trading forums, Reddit and a third-party broker directory. We found no complaints. We also found no positive reviews, no forum threads, no app-store listing of its own. That matters: it means we cannot show you a single client who got their money out.
So the evidence we gathered points to roughly 34 percent risk. We are publishing 65 percent because our rules raise the figure for any broker under three years old, and again for any broker with no community footprint at all, and IDFX triggers both. This is not us saying we found misconduct. It is us saying that too little is established about this operation to call it safe, and a page showing a low risk score would tell you more confidence than we have.
Evidence ledger
Every finding, with its source and how strongly it points.
E1BAPPEBTI's own register of licensed Indonesian futures brokers lists PT. IDFX FUTURES INTERNASIONAL holding business licence 006/BAPPEBTI/SI/12/2024, together with alternative-trading-system approval 03/BAPPEBTI/SPA/04/2025, at Jl. Danau Sunter Utara Blok A-36D Kav. No. 37, Jakarta Utara 14350.
E2The same register entry records the licence holder's website as www.idfx.id and its email as [email protected], matching the site under investigation. The impersonation check passes on name, website and contact details, so this licence belongs to this operation and not to another firm.
E3PT. IDFX Futures Internasional does not appear on BAPPEBTI's published list of futures brokers whose licence has been revoked. A search of that list returns no matching record.
E4The register lists four segregated client accounts in the company's name at Bank Central Asia, CIMB Niaga and BNI, which is the client-money separation the Indonesian regime requires.
E5The register names five licensed representatives approved to deal for the company, including Aditya Pradana, who appears publicly as its president director. The people behind the operation are identified rather than hidden.
E6The Indonesian domain registry records idfx.id as registered on 29 May 2024, with an expiry in May 2027. The public-facing operation is therefore about two years and three months old.
E7The broker's own site, read from an archived copy dated 19 August 2025, names PT. IDFX Futures Internasional at the same Jakarta address with the same phone and email, carries a plain risk warning, states it does not serve residents of the United States, North Korea, Iran or African countries, and makes no claim to a founding year earlier than its records support.
E8The trading platform the site directs clients to is JaFeTS, the Jakarta Futures Exchange's own system, and the mobile app it lists is the exchange's JaFeTS NOW app rather than a file downloaded from the broker. There is no self-hosted terminal.
E9The broker's own legality page publishes exchange membership SPAB/192/BBJ/11/2024 dated 4 November 2024, clearing membership 169/AK-KBI/XI/2024 dated 15 November 2024, BAPPEBTI licence 006/BAPPEBTI/SI/12/2024 and alternative-trading-system approval 03/BAPPEBTI/SPA/04/2025 dated 24 April 2025. The two BAPPEBTI numbers match the regulator's register exactly.
E10A sweep for complaints by domain and by company name across review platforms, Indonesian trading forums, Reddit and a third-party broker directory returned no complaint of any kind, and no report of a withdrawal problem or of any demand for an extra payment to release funds.
ModerateComplaint sweep across review platforms, forums and a third-party broker directoryE11The same sweep also returned no positive reviews, no forum discussion and no client testimony of any kind. For a licensed broker in its second year of trading there is effectively no public footprint, so no successful payout can be evidenced.
ModerateComplaint and reputation sweep across review platforms, forums and a third-party broker directoryE12Searches of international regulator warning and alert lists returned no entry naming PT. IDFX Futures Internasional or the domain idfx.id, and no enforcement action or court record was found.
ModerateWarning-list and enforcement sweepE13A third-party broker directory lists the same company at the same Jakarta address with the same website and phone number, records both the BAPPEBTI and Jakarta Futures Exchange licences as held and current, describes the operating period as within one year, and shows no user complaints filed against it.
WeakA third-party broker directoryE14The Indonesian corporate registry entry for PT. IDFX Futures Internasional is not publicly accessible, so the company registration number and incorporation date could not be established. The track record therefore rests on the domain date alone and is an upper bound.
WeakAttempted Indonesian corporate registry lookupE15BAPPEBTI's register marks brokers that have changed name with a former-name annotation, visible on other entries in the same list. The IDFX entry carries no such annotation, which is consistent with an original licence grant rather than a rebranded operation.
The other side
The strongest case in this broker’s favour.
The case that IDFX is simply a legitimate new domestic broker is a strong one, and here it is at full strength.
- BAPPEBTI is a statutory government regulator, part of Indonesia's Ministry of Trade, not a licence shop. Getting a pialang berjangka licence requires substantial paid-up capital, approved directors and named licensed representatives. IDFX has five representatives listed on the register, including its president director, whose public professional profile matches.
- Every licence number checks out against the register. That is unusual and it counts in the broker's favour.
- The register annotates brokers that changed name, using a d/h marker for the former name. IDFX carries no such marker, which is consistent with an original licence grant rather than a rebranded operation carrying old baggage.
- A young company is young for the ordinary reason. Every real broker has a first year, and a firm licensed in late 2024 could not possibly have a long record yet.
- The thin public footprint fits a small domestic broker serving Indonesian clients through offline sales, which is how much of this market works. Indonesian retail traders rarely post on Trustpilot or Reddit. Silence here is genuinely ambiguous, and it is not the same as a bad reputation.
- Client funds sit in segregated accounts at three well-known Indonesian banks and clear through the state-owned clearing house. Trading runs on the exchange's own platform, not a system the broker could quietly manipulate.
- If any of this were an impersonation, the register would have shown a different website or a different company. It showed neither.
What would change this
What we would need to see to revise the verdict.
This score is about missing history, so history is what would move it.
- Down, toward low risk: a genuine body of client reviews across at least two independent platforms, including people confirming that withdrawals were paid in full and on time. That single gap is what is holding the figure up.
- Down: a publicly verifiable Indonesian corporate registry entry giving the incorporation date and registration number, which would let us date the company rather than the domain.
- Down: the licence still active and in good standing on BAPPEBTI's register in another year or two, taking the track record past three years.
- Up, sharply: any appearance on BAPPEBTI's revoked-licence list, or any regulator warning naming idfx.id or PT. IDFX Futures Internasional.
- Up: credible, specific reports of withdrawals refused or delayed, balances adjusted away, or any demand for an extra payment such as a tax or release fee before funds are paid out. That last one would change the verdict on its own.
- Up: the segregated client accounts or the clearing membership disappearing from the register, or the licence status changing to suspended or frozen.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
BAPPEBTI register entry for PT. IDFX Futures Internasional
The regulator's own record: licence number, address, website, segregated client accounts and licensed representatives.
BAPPEBTI list of licensed futures brokers
The full register of licensed Indonesian futures brokers. Type IDFX into the search box to find the entry.
BAPPEBTI list of brokers with a revoked licence
Check that a broker has not lost its licence. IDFX does not appear on this list.
IDFX exchange membership certificate
The broker's own copy of its Jakarta Futures Exchange membership approval.
Domain registration record for idfx.id
The Indonesian domain registry record, showing the site was registered on 29 May 2024.
Frequently asked questions
Quick answers about this broker’s safety.
Is IDFX a scam?
We found no evidence that IDFX is a scam. It holds a real Indonesian futures-broker licence, 006/BAPPEBTI/SI/12/2024, which we confirmed on the regulator's own register, and that register lists the same company, address and website the broker actually uses. It is not on any warning or revoked-licence list. Our 65 percent risk figure reflects how new and unproven the operation is, not misconduct we found.
Is IDFX regulated?
Yes. PT. IDFX Futures Internasional is licensed by BAPPEBTI, the Indonesian government's commodity futures regulator, under licence 006/BAPPEBTI/SI/12/2024. It also holds BAPPEBTI approval 03/BAPPEBTI/SPA/04/2025 to run the bilateral forex and CFD business, and it is a member of the Jakarta Futures Exchange and the Indonesian futures clearing house.
How can I check the licence myself?
Open BAPPEBTI's register of licensed futures brokers at bappebti.go.id and type IDFX into the search box. The entry should show PT. IDFX FUTURES INTERNASIONAL, licence 006/BAPPEBTI/SI/12/2024, the Jakarta Utara address and the website www.idfx.id. If any of those do not match what you were told, stop.
Is my money safe with IDFX?
Client funds are held in segregated accounts at Bank Central Asia, CIMB Niaga and BNI, and those accounts are named on the regulator's register, which is a real protection. But Indonesia has no investor compensation scheme that repays you if a broker fails, and we found no public record of anyone withdrawing money from IDFX successfully. Treat it as unproven and start with an amount you can afford to lose.
Can I withdraw my money from IDFX?
We found no complaints about withdrawals. We also found no reports confirming that withdrawals work, which is the honest answer. Test a full withdrawal with a small balance early, before you commit more money, and keep the transfer records.
How old is IDFX?
It is new. The idfx.id domain was registered on 29 May 2024 and the first licence dates from November 2024, so there is under two and a half years of history. We could not obtain the company's incorporation date from the Indonesian corporate registry, so that figure is an upper bound and the real operating age could be shorter.
Who owns and runs IDFX?
PT. IDFX Futures Internasional is an Indonesian limited liability company based in Jakarta Utara. The regulator's register names five licensed representatives, including Aditya Pradana, who appears publicly as the company's president director. Beneficial ownership is not published in the sources available to us.
What is BAPPEBTI and how much protection does its licence give me?
BAPPEBTI, the Badan Pengawas Perdagangan Berjangka Komoditi, is a statutory regulator inside Indonesia's Ministry of Trade. It supervises futures brokers, sets capital requirements and requires client money to sit in segregated bank accounts. It is a genuine government regulator, but it is a domestic one with no compensation fund, so it offers less protection than a tier-one authority such as the FCA or ASIC.
Is IDFX a clone of another broker?
No. We ran the impersonation check and it passed on every point. The regulator's register records the licence against PT. IDFX FUTURES INTERNASIONAL with the website www.idfx.id and the email [email protected], all matching the operation we investigated. The licence numbers it publishes belong to it and to no one else.
Why does the report show 65 percent risk if nothing bad was found?
Because two facts about the profile carry risk on their own. The operation is under three years old, and a sweep of several platforms turned up no client reviews of any kind, positive or negative. Our rules raise the published figure in both cases, since a clean scan means least when there is barely any history to scan. The evidence we gathered on its own pointed to about 34 percent.
Are there complaints about IDFX?
We found none. We searched by domain and by company name across review platforms, Indonesian trading forums, Reddit and a third-party broker directory, and no complaint appeared, about withdrawals or anything else. Equally, no positive reviews appeared. There is almost no public trace of this broker either way.
What products does IDFX offer?
Exchange-traded commodity futures on the Jakarta Futures Exchange, including gold, olein and tin contracts, plus bilateral contracts covering forex, stock indices, loco gold, energy, precious metals and single stocks. Trading runs on JaFeTS, the exchange's own platform, rather than a system the broker built itself.
Does IDFX accept clients outside Indonesia?
Its licence is Indonesian and covers Indonesia. The broker's own risk disclosure says it does not serve residents of the United States, North Korea, Iran or African countries, or anywhere its services would breach local law. If you are outside Indonesia, a BAPPEBTI licence gives you very little practical recourse.
What should I do if I think I have been scammed by a broker in Indonesia?
Stop sending money immediately, especially if you are asked to pay a tax, fee or insurance to release your funds, which is always a scam pattern. Gather your transfer receipts, statements, ticket numbers and the names of anyone who advised you, then file a complaint with BAPPEBTI and with your bank. Never pay anyone who offers to recover your losses for an upfront fee.
What we recommend
The practical takeaway from everything above.
Treat IDFX as a licensed but unproven broker, and size your risk accordingly.
- Verify the licence yourself before depositing anything. Open BAPPEBTI's register and search for IDFX. Confirm the licence number, the address and the website match what the broker tells you.
- Only ever transfer money to the segregated client accounts named on that register, at Bank Central Asia, CIMB Niaga or BNI, in the company's name. Never to a personal account, never to a crypto wallet, and never to an account an account manager gives you over chat.
- Start small. Deposit an amount you can afford to lose, then test a full withdrawal early and make sure it arrives before you add more.
- Keep your own records: transfer receipts, ticket numbers, statements and the name of anyone advising you.
- Be sceptical of any promise of fixed or guaranteed returns, and of anyone who manages your trades for you. Neither is part of a licensed broker's job.
- If a withdrawal is refused or delayed, or you are asked to pay a fee or tax to release your funds, stop depositing and complain to BAPPEBTI. Indonesia has a formal complaints route for exactly this, and using it early matters.
- If you want a long payout record and an investor compensation scheme behind your money, this is not yet that broker. Consider a firm with a longer verified history.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed August 22, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.