Wikilix
Menara Mas Futures logo

Menara Mas Futures

Suspicious Clone
Indonesia
,
Last Updated:

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
N/A

Official website

menaramas.co.id

Also on our record

  • menarafx.co.idRegional
  • menaramas.comBackup
  • mmftrader.allmediaindo.comClient portal

Funding Methods

No funding methods available

Trust rating

Fair

50 out of 100 · 61% checked

Fair: a published scam check rated it high risk and unverified, and JFX SPAB 087/BBJ/09/04 is in force with 1 more.

Capped at 50 · High risk, unverified

Regulation
48Poor
Identity
75Good
Client terms
50Fair
Trading offer
50Fair
Service
37Poor

We checked Menara Mas Futures on 2026-10-16 across regulation, corporate record, client terms, trading offer and service, covering 61% of the record. The best licence in force was JFX SPAB 087/BBJ/09/04, with 1 more in force. The score was capped at 50 because a published scam check rated it high risk and unverified. Coverage was 61%, below the 65% needed for a full rating. What would change it: licence held by the onboarding entity, policy risk, critical clauses. The published scam check reached the verdict "high risk, unverified" and established 21.1 years of track record. No policy review had been published, so the client terms were not scored.

Score last calculated 2026/10/16

Regulatory Licenses

Regulatory Licenses:
Tier 3
Indonesia flag
Offshore
BAPPEBTI | Indonesia
Regulatory Licenses:
Tier 3
Indonesia flag
Offshore
JFX | Indonesia

Company Information

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

Customer Support

Phone:
—
Live Chat:
Available
Response Time:
—
Languages:
—
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Is Menara Mas Futures a scam?

Wikilix independent safety report

Read the full report
0%Scam risk
High risk (unverified)Confidence: MEDIUM
3.5/5Safety rating 3.5 out of 5

No. Menara Mas Futures is not a scam on the evidence we found: PT Menara Mas Futures is a genuinely licensed Indonesian futures broker, and we confirmed its licence on the regulator's own public regi…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation4/10 · ModerateIdentity & transparency4/10 · ModerateWithdrawals & conduct4/10 · ModerateReputation5/10 · ModerateWebsite claims5/10 · ModerateOperational history3/10 · Low
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Menara Mas Futures: its history, the licences it holds, its trading conditions and its fees.

This profile covers an operation that traded under the Menara Mas Futures name from the domain menaramas.co.id, presented as an Indonesian futures and forex brokerage. It is not the same operator as the long-established Indonesian futures broker of that name, which does business from a different domain and holds a domestic futures brokerage licence. The name overlap is the central fact about this entry.

Regulation. WIKILIX found no licence held by this operator. No regulator, licence number, licence certificate or supervisory claim could be attributed to it, and no company that could be checked against a corporate registry is disclosed anywhere. There is therefore no client-money protection, no segregated-funds requirement and no complaints route behind money sent to it.

Website. The domain associated with this operation no longer resolves anywhere, so no account terms, trading conditions, account tiers, platform list, funding channels, support details or country restrictions are published. Nothing about spreads, leverage, minimum deposit or withdrawal handling can be stated, because the operator publishes nothing at all.

Who it suits. Nobody. An unlicensed operation trading on a licensed firm's brand, with a dead website and no identifiable company behind it, offers a retail client no recoverable position if funds are not returned. Anyone who intended to deal with the licensed Indonesian broker of this name should confirm the exact domain and licence details with that firm directly before sending money or documents.

Caveats. This profile is deliberately thin because the operator publishes nothing. Absence of detail here is not a neutral gap: it is the finding.

Regulation check
Checked

Regulatory Licenses

Every licence Menara Mas Futures has in force is from an offshore regulator. Most carry no compensation scheme — each licence's record says what the issuing regulator actually requires.

1 of 2 checked
Licences on record
2
Confirmed on register
1
Tier 1 or 2
0
Offshore
2

WIKILIX

Licence intelligence

The strongest of 2 licences on file

Licence Verification Record

Badan Pengawas Perdagangan Berjangka Komodit 02/BAPPEBTI/SPA/03/2022

Wikilix read the BAPPEBTI register on Aug 26, 2026. This is what it said.

Jurisdiction
IndonesiaOffshore
Authority strength
Tier 3
Register status
Active
Effective
Mar 1, 2022

Checked Aug 26, 2026

What our check found

The alternative trading system permit that specifically authorises the over-the-counter forex and index business the firm markets. It is recorded on the regulator's register alongside the main licence. Client protection: Moderate. This is the permit that brings the firm's forex offering inside Indonesian regulation rather than leaving it unsupervised. Effective: Mar 2022.

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 Menara Mas Futures applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Open the BAPPEBTI licence recordAbout BAPPEBTI

Tier 3 and 4 authorities

1 licence
Websites

Global Domains

4 domains on record. 3 active.

4 domains
  • Indonesiamenaramas.co.idMain siteIndonesiaInactive
  • menarafx.co.idRegionalActiveHTTPS
  • menaramas.comBackupActiveHTTPS
  • mmftrader.allmediaindo.comClient portalActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

3 official channels on record.

3 channels
Channels as published by the broker, recorded by Wikilix.
Company registry check
Checked

Company Registration

The operating company is PT Menara Mas Futures. Registered in Indonesia.

Confirmed on licence register
Legal entity
PT Menara Mas Futures
Jurisdiction
Indonesia
Registry
BAPPEBTI futures broker register (Indonesia's corporate registry is not publicly searchable, so the entity name and address are taken from the regulator's own record)
Registered address
Kompleks Mangga 2 Square Blok G No. 5, Jl. Gunung Sahari No. 1, Ancol, Pademangan, Jakarta Utara, DKI Jakarta 14420, Indonesia
Frequently Asked Questions

Frequently Asked Questions

Common questions about Menara Mas Futures

Most Popular Questions

Check the exact domain letter by letter, ask for the licence number and confirm it directly with the regulator's own register rather than a link the broker sends you, and confirm that the company named on the deposit instructions is the same company named in the client agreement. A brand name on its own proves nothing.

None that can be verified. No support email, telephone number, live chat, office address or business hours is published by this operator.

No accepted or restricted country list is published, because nothing is served on the domain. Absence of a restriction list is not acceptance of any country, and it is not a licence to solicit clients in Indonesia or elsewhere.

Recovery is unlikely and there is no regulator to escalate to. Act quickly all the same: contact your bank or card issuer about a chargeback or recall, keep every message, receipt and wallet address, and report the matter to your national financial-crime or consumer-protection authority. Refuse any offer to recover funds in exchange for an upfront fee, which is a common follow-on fraud.

WIKILIX rates it high risk and treats it as a brand impersonation. The combination of no licence, no identifiable company, a dead website and a name belonging to a licensed Indonesian broker is the profile of an operation set up to borrow another firm's credibility rather than of a going brokerage.

No operating company is disclosed. WIKILIX found no legal entity name, registration number or registered address that can be tied to this operator, so there is no company to check against a corporate registry and no party a client could pursue.

No deposit or withdrawal channel, fee, limit or processing time is published. Where an unlicensed operator handles funding through private bank details, personal accounts or crypto wallets supplied in chat, a transfer is generally not reversible and there is no supervisor to appeal to.

None could be confirmed. No MetaTrader 4, MetaTrader 5, cTrader or proprietary platform, and no server name or download link, is documented for this operator.

Neither is published anywhere reachable. No leverage cap, spread table, commission schedule or execution model exists for this operator, so nothing can be compared against a regulated broker's published conditions.

Unknown, and that is the problem. The operator publishes no account terms, so no minimum deposit, account tier or funding requirement can be quoted. A deposit figure quoted to you privately, by message or by a sales caller, has no published document behind it.

No. The domain does not resolve, so nothing is served on it at all. Any live page, application form or client portal presented to you under that address today did not come from this domain and should be treated as unsafe.

No. The licensed Indonesian futures brokerage that uses this brand operates from a different domain and holds a domestic futures brokerage licence. The operator profiled here shares only the name. If you meant to deal with the licensed firm, confirm the exact domain and licence number with that firm directly before sending money or identity documents.

No. WIKILIX found no licence, licence number or supervisory registration that can be attributed to the operator behind menaramas.co.id. There is no regulator standing behind money placed with it, no client-money segregation requirement and no statutory complaints route.

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