
MetaTrader 4
MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

mahadana.co.id
Online · checked Sep 10, 2026
High risk
44 out of 100 · 59% checked· Provisional
Too little of its record has been checked.
We checked MAHADANA on 2026-10-26 across its company record, client terms, trading offer and service, and could verify 59% of its record. The score of 44 is what the checked record adds up to; nothing held it down. The rating stays provisional until more of the record is verified. What would move the score: verified age, transparency, policy risk. No investigation has been published yet, so complaints and reputation are unknown. Its client terms have not been reviewed yet.
Score last calculated 2026/10/26
What Wikilix has recorded about MAHADANA: its history, the licences it holds, its trading conditions and its fees.
The world of currency trading can be fast-moving, risky, and complex. However, any trader needs to choose a broker they can rely on to provide the best possible trading experience. Mahadana Asta Berjangka, or Mahadana as most people know it, has been around since 2004 and has grown significantly in Indonesia's Futures trading sector over the years. They specialize in Futures, Derivatives, Commodities, Foreign Exchange, and other asset classes. In today's changing financial environment, understanding Mahadana's services, regulatory compliance, and trading conditions is very important for a trader.
Background and History
Mahadana was established to accommodate the demand for properly regulated Futures trading services in Indonesia and has continued to develop its client base by providing clients with an extensive selection of Futures trading options available within various asset classes using advanced technological systems to facilitate efficient trading over the course of the nearly 20 years that Mahadana has been in business. Several things contribute to Mahadana's ability to remain in business for such an extended period, including compliance and client service.
The wide variety of trading instruments offered by Mahadana allows traders to invest across many asset classes (e.g., stocks, indices, and commodities). This variety of options will enable traders to diversify their portfolios and take advantage of price changes across multiple markets. Additionally, Mahadana allows its clients to trade through the MetaTrader 4 platform, which offers features that will help beginner and experienced traders trade successfully. Mahadana can provide its trader clients with a flexible trading environment that includes all the features both beginners and experienced traders need.
As previously mentioned, one of Mahadana's primary strengths is its regulatory compliance. Mahadana is regulated and registered with BAPPEBTI, the regulatory authority responsible for overseeing Futures Trading in Indonesia, which provides Mahadana with the assurance that it is operating within a regulatory framework designed to protect all Futures traders and maintain the integrity of the Futures Trading industry. Mahadana is also required to comply with rules on the separation of client funds, transparency of client transactions, and risk management; therefore, it has created a safe and secure trading environment for all its clients.
Regulator | License Number | Status |
|---|---|---|
BAPPEBTI (Indonesia) | Registered Member | Active |
Trading Conditions & Technology
The trading conditions of Mahadana Trading are designed to meet the needs of a broad range of traders, from novice to experienced professionals—unfortunately, Mohammed A. Al Asad is unable to provide comprehensive details on its spreads, leverage and minimum deposit requirements via the internet; however, he has established a relationship with MetaTrader 4, which is recommended for use in the trading industry due to its fast execution speed and access to a comprehensive range of technical analysis tools and charts.
Due to MT4's popularity, it is a common choice for many futures and Forex traders.
Feature | Description |
|---|---|
Trading Platform | MetaTrader 4 (MT4) |
Asset Classes | Stock index futures, Gold (Loco London), Forex |
Leverage | Not publicly disclosed |
Minimum Deposit | Not publicly disclosed |
Spreads | Not publicly disclosed |
Transparent fee structures are critical for traders to understand their cost of trading. Unfortunately, detailed information regarding Mahadana’s deposit fees, withdrawal fees, commissions, or other charges is not readily available from public sources. Traders interested in these specifics are encouraged to contact Mahadana directly or consult their official website for the most accurate and up-to-date fee information.
While there are not many customer reviews available for Mahadana, their lengthy history in business and compliance with regulations indicate they have a solid foundation of successful operations. Traders, on the whole, prefer brokers that offer regulatory oversight and reliability in their trading platforms. Mahadana provides both.
Mahadana is unique in that it is a futures and derivatives broker. Therefore, Mahadana occupies a niche market that focuses specifically on Indonesia. By catering to this type of clientele, Mahadana can provide traders with customized service and assistance when trading these asset classes.
Generally speaking, there have not been any documented updates for Mahadana for 2024/2025. Therefore, prospective and existing clients of Mahadana should contact them directly for the most current information regarding this time period.
Mahadana Asta Berjangka is a well-known, regulated futures brokerage firm in Indonesia's financial markets. Starting in 2004 and still operating today, they provide access to major asset types, including stock index futures, gold, and foreign exchange. As regulated by BAPPEBTI, Mahadana's clients are guaranteed to trade within a safe, compliant environment, which helps to establish trust and instill confidence in the marketplace.
Although specific fees and trading conditions have not been released publicly, Mahadana remains a leading choice for traders interested in futures and derivatives trading in Indonesia. Interested parties should contact them for further information on trading conditions.
We have not confirmed any regulation for MAHADANA. Money deposited with an unregulated broker is protected only by the company itself.
Trading with an unregulated broker puts your deposit at risk.
We have not confirmed any regulation for MAHADANA. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
5 ways to fund an account. 3 with no deposit fee. 2 credit instantly. The costliest way in is Wire Transfer (International) at USD 25.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| Bank Transfer (Domestic Indonesian Banks)Bank TransferFor local banks only | Free | Free | IDR 100,000 | IDR 100,000IDR 1,000,000,000 | Up to 2 hours |
| Credit/Debit Cards (Visa/Mastercard)Credit CardDeposit only, no withdrawal support | 1.5% | Not recorded | IDR 100,000 | Not recordedNot recorded | Instant |
E-Wallets (OVO, DANA, GoPay, LinkAja, ShopeePay)E-WalletWithdrawals must be to the same e-wallet used for deposit; only for Indonesian residents | Free | Free | IDR 50,000 | IDR 50,000IDR 50,000,000 | Instant |
| Crypto (Bitcoin, USDT, Ethereum)CryptocurrencyWithdrawal must be to the same crypto wallet used for deposit | Free | Free | IDR 100,000 | IDR 100,000IDR 1,000,000,000 | Up to 1 hour |
| Wire Transfer (International)Wire TransferFor international clients only; bank-dependent processing times | USD 25 | USD 25 | USD 100 | USD 100USD 100,000 | Up to 3 days |
2 trading platforms on record: MetaTrader 4 and MetaTrader 5.

MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.
One domain on record. All active and served over HTTPS.
One legal entity behind the MAHADANA brand.
2 other brokers on the record share what MAHADANA offers — its country, regulator, account types or platforms — set beside it on the same measures.
Common questions about MAHADANA
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