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Menara Mas Futures

Regulated
Indonesia
,
Since 2004
Last Updated:
21/100
Overall Score

Trading Conditions

Min Deposit:
USD300
Max Leverage:
100
Account Types
Standard Account

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Bank Wire

wire transfer
3 days
Fee:
$25
Fee:
$25

Bitcoin

crypto
1 days
Fee:
Free
Fee:
Free

TransferWise (Wise)

e wallet
1 days
Fee:
Free
Fee:
Free

PayPal

e wallet
1 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 6%, 2: License 35%, 3: Software 0%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
6%Poor
License
35%Poor
Software
0%Poor
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:Menara Mas Futures
Founded:2004
Headquarters:Indonesia
Enterprise Offices:N/A

Customer Support

Phone:
Live Chat:
Response Time:
Languages:
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Broker Summary

Summary of the broker

Introduction

Menara Mas Futures stands as a notable player in Indonesia’s financial trading landscape, offering futures and forex brokerage services since 2004. With a focus on providing reliable access to global markets, Menara Mas Futures caters to traders seeking a regulated environment combined with modern trading technology. The company’s commitment to transparency, client support, and competitive trading conditions positions it as a trusted choice for both novice and experienced traders in the region.

Operating under the official name PT. Menara Mas Futures, the broker emphasizes its regulatory compliance and robust service offerings, including the popular MetaTrader 4 platform. This article delves into the comprehensive aspects of Menara Mas Futures, covering its history, services, regulatory standing, trading conditions, fees, and overall market reputation to provide a clear understanding of what traders can expect.

Background and History

PT. Menara Mas Futures has been active in the Indonesian futures and forex market since 2004, marking nearly two decades of continuous operation. The company’s longevity reflects its ability to adapt to evolving market demands and regulatory frameworks. While the official website does not provide a detailed corporate history or a full street address, it does indicate that the company is headquartered in Jakarta, supported by local contact numbers.

Over the years, Menara Mas Futures has built its foundation on offering accessible trading instruments and reliable customer service. Its presence in the Indonesian market is underscored by its registration with key regulatory bodies and membership in prominent exchanges, which further solidifies its credibility among local traders.

Key Features and Offerings

Menara Mas Futures provides a suite of trading instruments primarily focused on forex, gold (emas), and CFDs on commodities. This selection allows traders to diversify their portfolios across different asset classes within a single brokerage environment. The broker supports trading through the widely recognized MetaTrader 4 platform, available on desktop, Android, and iOS devices, ensuring flexibility and convenience for users.

In addition to trading instruments, Menara Mas Futures offers both demo and live accounts, catering to beginners who wish to practice and seasoned traders ready to engage with real markets. The company also provides daily technical and fundamental market analysis, helping clients make informed trading decisions. A notable feature is the 24-hour consultation and support service accessible via phone and email, which enhances the overall user experience.

Menara Mas Futures highlights several competitive advantages such as low spreads, small commissions, balance protection, and market-price execution, which collectively aim to optimize trading efficiency and cost-effectiveness.

Supported Instruments

Instrument Type Examples
Forex Major and minor currency pairs
Gold (Emas) Spot gold trading
CFD / Commodities Various commodity CFDs

Regulatory Compliance and Licensing

Menara Mas Futures operates under the regulatory oversight of Indonesia’s Commodity Futures Trading Regulatory Agency, known as BAPPEBTI. The company is officially registered with BAPPEBTI and holds membership in the Jakarta Futures Exchange (BBJ/JFX) as well as Kliring Berjangka Indonesia (KBI). These affiliations ensure that Menara Mas Futures adheres to the regulatory standards required for futures and forex brokerage services in Indonesia.

While the broker confirms its official licensing status since 2004, the website does not display specific license numbers or direct links to regulatory records. This is a common practice among some brokers but may require prospective clients to verify registration independently if desired.

Regulator License / Membership Status
BAPPEBTI (Indonesia) Registered since 2004 Active (as stated)
Jakarta Futures Exchange (BBJ/JFX) Member Active
Kliring Berjangka Indonesia (KBI) Member Active

Trading Conditions and Platform Technology

Menara Mas Futures offers trading conditions designed to appeal to a broad range of traders. The broker provides leverage up to 1:100, which balances risk and opportunity for retail traders. Although the website mentions low spreads and small commissions, it does not specify exact figures for spreads, commissions per lot, or minimum deposit requirements. This lack of detailed public information suggests that traders should contact the broker directly for precise trading cost details.

The trading platform of choice is MetaTrader 4 (MT4), a globally recognized and widely used platform known for its user-friendly interface, advanced charting tools, and automated trading capabilities. Menara Mas Futures supports MT4 across desktop, Android, and iOS devices, allowing traders to access markets anytime and anywhere. Additionally, the broker provides daily technical and fundamental market analysis to assist traders in making informed decisions.

Trading Condition Details
Leverage 1:100
Spreads Low spreads (exact values not disclosed)
Commissions Small commissions (exact values not disclosed)
Minimum Deposit Not specified
Platform MetaTrader 4 (Desktop, Android, iOS)
Market Analysis Daily technical and fundamental reports

Fee Structure

Menara Mas Futures mentions a fee structure characterized by “small commissions” and offers fund withdrawal facilities. However, the official website does not provide detailed information regarding deposit fees, withdrawal fees, inactivity fees, or other specific charges. This absence of transparent fee tables means that traders interested in Menara Mas Futures should reach out directly to the broker’s support team to obtain comprehensive fee schedules before opening an account.

Despite the limited public fee information, the broker’s emphasis on low trading costs and balance protection suggests a client-centric approach aimed at minimizing unnecessary expenses for traders.

Fee Type Details
Deposit Fees Not disclosed
Withdrawal Fees Not disclosed
Commission Small commissions (exact amounts not disclosed)
Inactivity Fees Not disclosed

User Experience and Market Reputation

Menara Mas Futures provides a range of support channels, including 24-hour consultation via phone and email, which enhances accessibility and responsiveness for clients. The broker’s website features regular market analysis posts and trading suggestions, demonstrating an active effort to engage and educate its user base.

However, the official website does not host independent customer reviews or third-party ratings, making it difficult to gauge the broader market reputation of Menara Mas Futures solely from its own platform. Prospective clients may consider seeking external reviews or contacting the broker directly to better understand user satisfaction and service quality.

Recent Developments

While Menara Mas Futures maintains an active presence through market analysis and trading suggestions, the website does not provide dated corporate news or announcements regarding regulatory changes or major company events for 2024–2025. This suggests a steady operational status without significant publicized shifts or expansions in the immediate timeframe.

Traders interested in the latest updates or strategic developments may benefit from direct communication with the broker or monitoring the website’s analysis section for ongoing market insights.

Conclusion

Menara Mas Futures offers a solid foundation for traders in Indonesia seeking a regulated futures and forex broker with access to the MetaTrader 4 platform. With nearly two decades of operation, regulatory registration with BAPPEBTI, and membership in key Indonesian exchanges, the broker presents itself as a credible option for trading forex, gold, and commodity CFDs.

Although some details such as exact spreads, commissions, and fee structures are not publicly disclosed, Menara Mas Futures emphasizes competitive trading conditions, client support, and market analysis services. Prospective traders are encouraged to contact the broker directly to obtain comprehensive information tailored to their trading needs.

Overall, Menara Mas Futures combines regulatory compliance, technological accessibility, and client-focused services to maintain its position in Indonesia’s financial trading sector.

Regulatory Licenses

Compliance & oversight

2 licenses
Indonesia
JFXTier 3
Indonesia
License Details
Type:Retail Forex License
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Indonesia
BAPPEBTITier 3
Indonesia
License Details
Type:Retail Forex License
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

No Account Types

Account type information is not available for this broker yet.

Funding Methods

Deposit & withdrawal options

4 methods
Bank Wire
Wire Transfer3 min
Deposit
Fee:USD 25
Min:N/A
Max:N/A
Withdrawal
Fee:USD 25
Min:N/A
Max:N/A
Deposit fee may apply; withdrawal fees likely. Supported currencies: IDR and USD.
Bitcoin
Cryptocurrency1 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Deposit support unconfirmed; withdrawal fees vary and are transparent but exact amounts unknown.
TransferWise (Wise)
E-Wallet1 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Deposit support unconfirmed; withdrawal fees vary and are transparent but exact amounts unknown.
PayPal
E-Wallet1 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Deposit support unconfirmed; withdrawal fees vary and are transparent but exact amounts unknown.
3
Free Deposit
4
Instant
1
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Menara Mas Futures: 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 Menara Mas Futures at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Menara Mas Futures

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

0 sites

No Website Information

Website domains not available for this broker yet.

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Comments

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