Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
3/10 · LowGenuine in force onshore licence verified on BAPPEBTI's own register plus Active status on the Jakarta Futures Exchange, with segregated client accounts named; protection is domestic only and there is no tier one oversight.
Identity & transparency
4/10 · ModerateEntity, address, business number and licence numbers all match two official registers, but the site never discloses the former name whose history it is implicitly claiming.
Withdrawals & conduct
3/10 · LowNo current reports of money not being returned; the one fund related case is a 2013 court ordered restitution under the previous name.
Reputation
6/10 · HighThe predecessor name carries consumer fraud complaints and adverse court findings from 2011 to 2018, while the new brand has essentially no independent client footprint of any kind.
Website claims
4/10 · ModerateLicence numbers, address, business number and the BAPPEBTI A++ grading all check out, but the 25 year history is presented under a 21 month old brand and claims of an international presence are unsupported.
Operational history
4/10 · ModerateCompany verified from June 2000 and licensed since 2001 with a predecessor site archived from 2011, yet the brand, domain and app all date from 20 November 2024.
Who they are
A quick desk file on the company behind the brand.
- Brand: Invetra, live since 20 November 2024
- Legal entity: PT Invetra Teknologi Berjangka, formerly PT Jalatama Artha Berjangka
- Registered: Menara Rajawali, 23rd Floor, Jl. Dr. Ide Anak Agung Gde Agung, Mega Kuningan Timur, Setiabudi, South Jakarta, Indonesia
- Business number: NIB 9120207172686
- Website: invetra.co.id, the exact address recorded on the regulator's register
- Main licence: BAPPEBTI futures broker licence 109/BAPPEBTI/SI/IV/2001, plus alternative trading system permit 1146/BAPPEBTI/SP/3/2007
- Also on record: Jakarta Futures Exchange member SPPKB-002/BBJ/09/00 (status Active) and clearing member of Kliring Berjangka Indonesia 11/AK-KBI/VIII/2001
- Offers: forex, gold and silver, indices and commodity CFDs on MetaTrader 5, plus its own web and mobile app
- Not accepted: residents of the United States, Brazil, Canada, Egypt, Iran, North Korea and the European Union
- Age claim: founded 20 June 2000 and more than 25 years in business, which is true of the company but not of the Invetra brand
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
JFX
Kliring Berjangka Indonesia (KBI)
Found by our investigation (1) — the broker does not list these on its own site
BAPPEBTI
Found by us — not listed by the broker
Why we reached this verdict
How the evidence adds up.
We checked the regulator first, and it answered clearly in the broker's favour. What keeps the score high is age and the missing back story, not misconduct we found.
- The regulation checks out at source. BAPPEBTI's own register entry names PT Invetra Teknologi Berjangka, licence 109/BAPPEBTI/SI/IV/2001, the Menara Rajawali address, the phone number 021-5763838, the email [email protected] and the website www.invetra.co.id. Name, domain and contacts all match the site we examined, so this is not a clone and not a borrowed licence.
- Client money has real protection under Indonesian rules. The same register lists four segregated client accounts at Bank Central Asia and CIMB Niaga, and names six licensed broker representatives. The Jakarta Futures Exchange separately shows the firm as an Active member.
- But the operation people see is new. The domain invetra.co.id was created on 20 November 2024, the same date the rebrand took effect, and both app stores show too few ratings to display a score despite more than 100,000 Android installs. Under our rules a track record under three years carries a minimum risk figure of 65 percent, which is what you see here.
- There is almost no independent client record either way. We swept app store reviews on both platforms, Trustpilot, Reddit and Indonesian trader forums and found no client reviews of the Invetra brand, positive or negative. When a broker leaves no trace, an absence of complaints proves very little.
- The former name has a history the site does not mention. As PT Jalatama Artha Berjangka the same company drew complaints from 2011 about job adverts used to recruit trading clients, and on 18 June 2013 the South Jakarta District Court ordered it to return roughly 450 million rupiah to a client, Junaidi Abdilah, after finding the agreement invalid. Community reporting at the time described it as the firm's second such loss. A new brand does not erase that, and the About page claims the 25 year history while never naming the company that lived it.
- Nothing incriminating in the official record. No warning or alert naming this firm or this domain appears on the international regulator lists, and Indonesia's illegal finance task force has not listed it. BAPPEBTI graded the company A++ (Baik) for January to December 2023, the second of five grades.
- To be clear about the number: the evidence on its own supported about 39 percent. The published 65 percent reflects a young, trace-less brand sitting on an older licence, not a finding of theft or fraud against Invetra.
Evidence ledger
Every finding, with its source and how strongly it points.
E1BAPPEBTI's register entry names PT INVETRA TEKNOLOGI BERJANGKA, formerly PT. JALATAMA ARTHA BERJANGKA, with futures broker licence 109/BAPPEBTI/SI/IV/2001, the Menara Rajawali address, phone 021-5763838, email [email protected] and website www.invetra.co.id. Name, domain and contacts all match the site under review, so the clone test passes.
Hard proofBAPPEBTI futures broker registerE2The same register entry records an alternative trading system permit, number 1146/BAPPEBTI/SP/3/2007, held by the same company.
E3The regulator's record lists four segregated client accounts in the company's name, two at Bank Central Asia and two at CIMB Niaga, in rupiah and US dollars. Segregation of client money is a real protection and it is documented by the supervisor rather than only claimed by the broker.
E4Six licensed broker representatives are named on the regulator's record for this firm, which indicates a staffed, supervised operation rather than a shell.
ModerateBAPPEBTI futures broker registerE5The Jakarta Futures Exchange member record shows Invetra Teknologi Berjangka with status Active, membership number SPPKB-002/BBJ/09/00, the same Menara Rajawali address and the same phone number 021-5763838. The listed contact email is a Gmail address, [email protected], which is poor hygiene for a licensed broker and echoes the former company initials.
E6The broker's own footer publishes the full legal name, the registered address, business identification number 9120207172686 and all three licence numbers, and every one of them matches the official records we opened.
ModerateInvetra website footerE7The domain invetra.co.id was created on 20 November 2024, the registrar being PT Digital Registra Indonesia, with the record last updated on 18 November 2025. That is the same date the rebrand took effect, so the consumer facing operation is about 21 months old.
E8The About page states that Invetra was founded on 20 June 2000 and has been a leading broker for more than 25 years, and describes the firm as a global entity with an international presence. The founding date is true of the legal entity, but the page never mentions that the history belongs to PT Jalatama Artha Berjangka, and we found nothing supporting an international presence.
ModerateInvetra About pageE9A South Jakarta District Court ruling of 18 June 2013 ordered PT Jalatama Artha Berjangka to return roughly 450 million rupiah to a client, Junaidi Abdilah, after finding the trading agreement invalid. The community thread reporting it notes this was the company's second such loss and that other clients had funds stuck with the firm.
E10A complaint site dedicated to PT Jalatama Artha Berjangka, running from 2011, describes job adverts for roles such as data entry and admin that turned into pressure to trade and to recruit investors, with promised salaries that never materialised. This is the same conduct later criticised in court, and it is a solicitation pattern rather than a withdrawal refusal.
E11In BAPPEBTI's periodic assessment of licensed futures brokers for January to December 2023, the company, then named PT JALATAMA ARTHA BERJANGKA, was graded A++ (Baik), the second grade on a five step scale running from A+++ to B+++. This supports the award claim shown on the Invetra site.
E12The domain invetra.com, which several broker directories list as this firm's website, has no DNS records and does not resolve. Directory claims that the broker's website does not match the regulator's record, and therefore that it impersonates another company, trace back to that non existent domain rather than to the licensed site invetra.co.id.
E13The predecessor domain jalatama.co.id served pages titled PT. JALATAMA ARTHA BERJANGKA as far back as December 2011, which corroborates a continuously operating business under the former brand. The domain no longer returns any registration data, so it could not be dated precisely.
E14The Android app is published by PT Invetra Teknologi Berjangka with more than 100,000 downloads, yet neither Google Play nor the Apple App Store displays a rating because too few users have rated it. A large install base with no visible review record leaves the operation effectively untested by public feedback.
E15The Apple App Store listing is published under the same legal entity and repeats the same licence number, and states that the app has not received enough ratings or reviews to display an overview.
E16Only two independent scans of invetra.co.id exist in public scanning records, the earliest from June 2026, which is consistent with a recently launched site rather than a long running one.
E17A warning list sweep on the brand, the legal entity, the former legal entity and the exact domain returned no alert or warning naming this firm from the international regulator alert networks, the UK, Australian and Indonesian authorities, or Indonesia's illegal finance task force. Absence from these lists is not a clean bill of health, since they lag new operations, but no adverse listing exists as at 21 August 2026.
ModerateWarning and alert list sweep across international and Indonesian authorities
The other side
The strongest case in this broker’s favour.
The case for Invetra is stronger than most reviews of it suggest, and one widely repeated claim about it is simply wrong.
- Several broker directories currently describe Invetra as unregulated and accuse it of stealing another firm's regulatory details. We could not reproduce that. Those entries list the website invetra.com, which has no DNS records and does not resolve. The regulator's register lists invetra.co.id, which is the site we examined. The accusation appears to come from comparing the register against a domain that does not exist.
- This is an onshore licence, not an offshore flag of convenience. BAPPEBTI is a government regulator under Indonesia's Ministry of Trade, it requires segregated client accounts at named domestic banks, and it publishes a periodic grading of every licensed broker. Invetra's predecessor name scored A++ in the 2023 assessment.
- The company is genuinely old and genuinely continuous. It was established on 20 June 2000, licensed since April 2001, and the regulator's own entry records the change of name by carrying both names on one record. Its former domain jalatama.co.id has archived pages going back to at least December 2011.
- The disclosure quality is better than average. The footer publishes the full legal name, the business identification number, the exact registered address and all three licence numbers, and they all match the official records. Many brokers we review do not manage that.
- The adverse history is old and was resolved through courts. The rulings date from 2012 and 2013, one of the cases from that period was decided in the company's favour, and the regulator kept it licensed throughout and rated it positively a decade later.
- The app is real and mainstream. It is published under the correct legal entity on both stores and runs MetaTrader 5, rather than a self-hosted download of the kind used by fake platforms.
What would change this
What we would need to see to revise the verdict.
This score is driven by how new the brand is, so it can move in either direction with evidence.
- Lower it: the brand passing three years of operation with a clean record, which on current dates happens in late 2027.
- Lower it: a body of genuine, verifiable client reviews showing deposits and withdrawals working normally, especially payouts confirmed with dates and amounts.
- Lower it: the website naming PT Jalatama Artha Berjangka as its former identity, so the 25 year claim is transparent rather than implied.
- Lower it: a further positive BAPPEBTI grading published under the Invetra name.
- Raise it sharply: any credible, specific report of a withdrawal refused or delayed, or of an extra payment demanded before funds are released.
- Raise it sharply: a BAPPEBTI sanction, suspension or licence revocation, or the firm disappearing from the Jakarta Futures Exchange member list.
- Raise it: a return of the recruitment practices reported against the former name, meaning job adverts used to bring in trading clients.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
BAPPEBTI futures broker register entry
The regulator's own record: licence number, address, website and the segregated client bank accounts.
Jakarta Futures Exchange brokers list
Open the Invetra card to see membership number SPPKB-002/BBJ/09/00 and status Active.
Invetra company disclosure page
Where the broker states its founding date, its licences and its business number.
Frequently asked questions
Quick answers about this broker’s safety.
Is Invetra a scam?
We found no evidence that it is. Invetra is the trading brand of PT Invetra Teknologi Berjangka, which holds a real futures broker licence from BAPPEBTI, Indonesia's government commodity futures regulator. We publish it at 65 percent risk because the brand is under two years old and has almost no independent client record, not because we found theft or fraud.
Is Invetra regulated?
Yes, in Indonesia. BAPPEBTI's public register lists PT Invetra Teknologi Berjangka under futures broker licence 109/BAPPEBTI/SI/IV/2001, and the entry records the website invetra.co.id. It also holds an alternative trading system permit and is an Active member of the Jakarta Futures Exchange. It holds no licence from the FCA, ASIC, CySEC or any other foreign regulator.
Some review sites say Invetra is unregulated and stole another company's licence. Are they right?
No, and we checked directly. Those entries list the website invetra.com, which has no DNS records and does not load. The regulator's register lists invetra.co.id, the site we examined, alongside the matching company name, address and phone number. The accusation appears to be a mismatch caused by the wrong domain.
Can I withdraw my money from Invetra?
We found no complaints about withdrawals being refused or delayed at Invetra. That is reassuring but limited, because the brand is new and we found very few client reports of any kind. As with any young broker, deposit a small amount first and test a full withdrawal before committing more.
Is my money safe with Invetra?
Client funds must be held in segregated accounts under Indonesian rules, and the regulator's register names four such accounts at Bank Central Asia and CIMB Niaga. That is real protection, but it is not deposit insurance. Trading leveraged forex and CFDs can still lose you everything you put in.
Who owns and runs Invetra?
The operator is PT Invetra Teknologi Berjangka, an Indonesian company registered at Menara Rajawali, 23rd Floor, in South Jakarta, with business identification number 9120207172686. The regulator's register names six licensed broker representatives. We did not establish who the ultimate shareholders are.
How old is Invetra?
It depends what you count. The company dates from 20 June 2000 and has held its licence since April 2001. The Invetra brand, website and app all date from 20 November 2024, so the operation clients actually deal with is about 21 months old.
What was Invetra called before?
PT Jalatama Artha Berjangka. The regulator's register carries both names on the same entry, which is how we confirmed the two are one company. The Invetra website does not mention the former name anywhere.
Does the old Jalatama name matter?
Yes. Under that name the company drew complaints from 2011 about job adverts used to recruit trading clients, and in June 2013 the South Jakarta District Court ordered it to return about 450 million rupiah to a client. A rebrand does not clear that history, although the cases are more than a decade old and the regulator kept the firm licensed.
What is BAPPEBTI and how much protection does it give?
BAPPEBTI is Indonesia's Commodity Futures Trading Regulatory Agency, part of the Ministry of Trade. It licenses futures brokers, requires segregated client accounts at named banks and publishes periodic gradings. It is a genuine government regulator, but its protection is domestic and it offers nothing comparable to the compensation schemes run in the UK or Australia.
What is the A++ award on the Invetra website?
It is BAPPEBTI's periodic grading of licensed futures brokers, not a marketing prize. For January to December 2023 the company, then named PT Jalatama Artha Berjangka, was graded A++ (Baik), the second grade on a five step scale. The claim is accurate, though it was earned under the previous name.
Is Invetra a clone of another broker?
No. We ran the clone test and it passed on all three legs: the company name, the website and the contact details on the register all match the site we examined. The licence belongs to this company, not to someone else.
What should I check before depositing with Invetra?
Open the BAPPEBTI register entry and match the licence number and website. Confirm the bank account you are asked to pay into is one of the segregated company accounts on that register. Make sure you are on invetra.co.id. Then test a small withdrawal before you scale up.
What do I do if I think I have been scammed by a futures broker in Indonesia?
Gather every statement, transfer receipt, ticket number and message. Complain in writing to the broker first, then report it to BAPPEBTI, which supervises licensed futures brokers, and to the police if you believe a crime occurred. Never pay a fee to anyone promising to recover your funds, as that is a common second scam.
What we recommend
The practical takeaway from everything above.
If you are considering Invetra, treat it as a licensed but young operation and verify it yourself before sending money.
- Check the register yourself. Open the BAPPEBTI broker register entry and confirm the licence number 109/BAPPEBTI/SI/IV/2001 and the website invetra.co.id. Do this before you deposit, not after.
- Only ever pay into the segregated accounts on that register. They are at Bank Central Asia and CIMB Niaga and are held in the company's name. Never send trading funds to a personal account, an e-wallet or a crypto address, whatever a staff member tells you.
- Confirm you are on the right site. The licensed address is invetra.co.id. A .com version of the name does not resolve, and anything else using this brand should be treated as unrelated.
- Test the exit early. Deposit a small amount, trade a little, then withdraw all of it before committing more. A broker that pays a small withdrawal promptly has told you something useful.
- Be careful about how you were approached. If you arrived through a job advert, a training course, or a person promising to trade on your behalf, stop and reconsider. That pattern is exactly what the courts criticised under the company's former name.
- If something goes wrong, complain in writing to the company, then to BAPPEBTI, and keep every statement, ticket number and transfer receipt.
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 21, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.