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MIDTOU

Unregulated
Indonesia
,
Since 2005
Last Updated:
28/100
Overall Score

Trading Conditions

Min Deposit:
IDR5000000
Max Leverage:
100
Account Types
Standard Account

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

No funding methods available

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 6%, 2: License 26%, 3: Software 50%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
6%Poor
License
26%Poor
Software
50%Fair
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:MIDTOU
Founded:2005
Headquarters:Indonesia
Enterprise Offices:N/A

Customer Support

Phone:
+622129932111
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Overview

Futures trading is a fast-paced, growing industry, so it is essential that novice or seasoned traders choose a trustworthy, well-regulated broker for their trading experience. One of Indonesia's most well-known financial services brokers is MIDTOU, which operates under the name PT. Midtou Aryacom Futures. MIDTOU offers more than 20 years of experience and focuses on commodity, foreign exchange (forex), and stock index trading. With strong regulation and a commitment to supporting its clients, MIDTOU is well-positioned to excel as a futures trading broker.

MIDTOU is the largest broker in Indonesia and operates under the supervision of BAPPEBTI. One of MIDTOU's key differentiators is that all its offerings are designed to address the various needs of both local and regional traders. This article will examine MIDTOU's history, primary features and offerings, regulatory compliance, trading conditions, fee structure, user experience, and recent developments to help readers gain a complete understanding of what MIDTOU offers its clients.

History and Background

Established on July 1, 2005, PT. Midtou Aryacom Futures entered Indonesia's futures trading marketplace with its headquarters initially located at Gedung Sarinah, Lt 12, Jl. M.H.Thamrin, Jakarta Pusat. MIDTOU has since moved its headquarters to UOB Plaza, Thamrin Nine, Lt 41, Jl. M.H.Thamrin Kav 8-10, Jakarta Pusat 10230, indicating the company's growth and continued ambition to solidify its position within Indonesia's financial sector.

As an independent organization operating in the futures trading industry, MIDTOU focuses exclusively on Perdagangan Berjangka Komoditi (commodity futures trading). The company's mission is to be the leading firm in Indonesia's commodity futures market, using its regulatory licenses and extensive market experience to serve a broad spectrum of clients.

Products and Services Offered

MIDTOU specializes in three primary asset categories: forex, commodities, and stock indices. Unlike many brokers that diversify into cryptocurrency, bonds, options, and exchange-traded funds (ETFs), MIDTOU has maintained its focused approach to these traditional futures markets, assisting traders wishing to trade in these areas.

In addition to traditional trading service offerings, MIDTOU has developed value-added services for all levels of traders, including demo trading accounts for practice, trading signals to assist traders with decision-making, regular market updates and news coverage to allow traders access to the most up-to-date information, consultant support, and educational resources for beginner traders, providing them with a well-rounded trading experience.

An additional example of MIDTOU's commitment to trader convenience is the company's same-day withdrawal process. The same-day withdrawal policy is essential in today's fast-paced trading environment, as it enables traders to quickly access funds.

Licensing and Regulatory Compliance

Licensing and regulation are the foundation of MIDTOU's operations. MIDTOU's regulatory licenses and strict adherence to required standards and practices provide customers with peace of mind, as they demonstrate the company's ability to comply with regulatory requirements in Indonesia.

Regulator

License Number

Status

BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi)

820/BAPPEBTI/SI/10/2005

Active

ICDX (Indonesia Commodity & Derivatives Exchange)

084/SPKB/ICDX/Dir/II/2013

Active

Along with their main licensing body, MIDTOU's compliance with the ICH (Indonesia Clearing House) adds another layer of commitment to legal and operational transparency.
Segregated accounts keep clients' money separate from the company's operational funds, providing a safeguard for clients' funds.

Trading Conditions and Technical Capabilities

* The main trading platform MIDTOU uses is MetaTrader 4, probably the most well-known trading platform due to its reliability, functionalities and ease of use via desktop or mobile devices.

* The exact spreads, leverage, minimum deposits and commissions for MIDTOU are not visible on the site but MIDTOU has publicly stated that its primary focus is futures trading, and has provided its clients with conditions that are competitively priced for the Indonesian market.

Trading Feature

Details

Supported Instruments

Forex, Commodities, Stock Indices

Trading Platform

MetaTrader 4 (MT4) - Desktop & Mobile

Spreads

Undisclosed

Leverage

Undisclosed

Minimum Deposit

Undisclosed

Demo Account

Available

Same-Day Withdrawals

Supported

Fee Structure

Transparency regarding fees is a critical aspect for traders when choosing a broker. MIDTOU’s official communications provide limited information about its fee structure. Specific amounts for deposit fees, withdrawal fees, commissions, or inactivity charges are not publicly detailed.

However, the broker highlights the availability of same-day withdrawals, suggesting a streamlined process for fund access. Payment methods and associated costs remain unspecified, which may require prospective clients to contact MIDTOU directly for detailed fee inquiries.

Fee Type

Details

Deposit Fees

Not disclosed

Withdrawal Fees

Not disclosed (same-day withdrawal supported)

Commission

Not disclosed

Inactivity Fees

Not disclosed

Payment Options

Unknown

User Experience and Market Reputation

With over 20 years of experience, MIDTOU has developed a solid foundation within Indonesia's futures market. Its successful performance stems from its long history of serving local traders and its licensing from BAPPEBTI and ICDX.

Customers can contact MIDTOU through multiple channels. Included among the options are telephone, fax, email, and several popular social media sites such as Facebook, Instagram, YouTube, and WhatsApp. Providing multiple ways to reach the company allows MIDTOU customers to easily find and use dependable customer service. In addition to customer service, MIDTOU also offers demo accounts and a wealth of educational materials to enhance the overall trading experience and support new traders.

One negative associated with MIDTOU is the lack of transparency regarding their fees and trading conditions. If traders want to receive full details on costs and trade specifics before trading, this is not currently the case. Furthermore, given the extremely limited number of public reviews of MIDTOU by clients, it is difficult to gauge how satisfied clients are overall.

In terms of website traffic, MIDTOU currently receives around 117,097 visits per month, with 51% of visitors leaving after only a short time. When positioned with all of the other 1780 Forex brokerage sites, MIDTOU ranked 142nd in terms of online traffic engagement levels in the trading sector.

Current Updates

MIDTOU has not made any significant proactive announcements or posts regarding future developments for 2024 or beyond to this point. MIDTOU will continue to operate based on the strongest offers to customers, Regulatory licence support, same-day withdrawal capabilities, and traders' education.

This steady, regulatory-compliance-based focus suggests that MIDTOU intends to maintain a strong position in the marketplace while continuing to deliver high levels of service. No initiatives are in place at this time to expand MIDTOU's offer or services.

In Conclusion

MIDTOU has established itself as a Success-driven broker located in Indonesia, specialising in the commodities, Forex, and stock index trade markets. MIDTOU has a significant track record in the region, including multiple regulatory licences from BAPPEBTI and ICDX, and offers significant prices and customer-focused features such as demo accounts and same-day withdrawals for traders. Thus, MIDTOU should be a top option for traders in the Indonesian futures market, given its strong commitment to regulatory compliance and customer service.

It should be noted that potential clients should be aware of their questionable practices regarding the public disclosure of their fees and trading conditions. All potential future clients of MIDTOU must reach out directly to the company for absolute clarity on these details before deciding to begin or continue trading with them. Overall, their regulatory compliance and customer service make them one of the best brokers operating in the Indonesian Futures market.

 

Regulatory Licenses

Compliance & oversight

2 licenses
Indonesia
BAPPEBTITier 3
Indonesia#820/BAPPEBTI/SI/10/2005
License Details
Type:Retail Forex License
License #:820/BAPPEBTI/SI/10/2005
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Indonesia
AOFATier 3
Indonesia#084/SPKB/ICDX/Dir/II/2013
License Details
Type:Retail Forex License
License #:084/SPKB/ICDX/Dir/II/2013
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

No Funding Methods

Funding method information is not available for this broker yet.

Trading Platforms

Professional trading tools

1 Available
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

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

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://www.midtou.com/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

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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