What Wikilix has recorded about MIFX: its history, the licences it holds, its trading conditions and its fees.
MIFX, the trading brand of PT Monex Investindo Futures, is Indonesia’s largest and most trusted broker in forex and commodities trading. With over 25 years of experience, MIFX offers a secure, regulated, and client-focused trading environment suitable for both beginners and experienced traders. Their platform supports forex, gold, silver, commodities, and indices trading, making it a comprehensive solution for diverse trading needs.
Established in 2000, PT Monex Investindo Futures operates under the MIFX brand and commands over 30% of Indonesia’s forex market share. Headquartered in Jakarta at the Sahid Sudirman Center, MIFX has built a reputation for regulatory compliance, reliability, and robust trading services.
Forex pairs
Precious metals: gold and silver
Commodities
Indices
Live Accounts: Standard and Ultra Low
Demo Accounts: Lifetime access for practice and strategy testing
Rewards Program: Earn points from trading activity redeemable for vouchers, travel, gadgets, and more
Funds held in segregated accounts (Bank Niaga)
Comprehensive educational resources and training materials for traders
Regulator / Organization | License / Certification | Status |
|---|---|---|
BAPPEBTI (Indonesia Commodity Futures Trading Regulatory Agency) | Official Regulation | Active |
Bank Indonesia (BI) | Supervision of Financial Derivatives | Active |
Financial Services Authority (OJK) | Supervision of Financial Derivatives | Active |
ISO 27001 | Information Security Management Certification | Certified |
Exchanges & Clearing Houses | BBJ, BKDI, KBI, Indonesia Clearing House Memberships | Active |
MIFX is regulated by BAPPEBTI, supervised by Bank Indonesia and OJK, and holds ISO 27001 certification, ensuring strong compliance and data security.
Feature | Description |
|---|---|
Trading Hours | 24-hour global forex market (Sunday Australia open to Friday New York close) |
Execution Speed | Fast execution with various trading tools |
Platform Access | Proprietary platform with desktop and mobile apps |
Verification | Video verification for live accounts |
Support | Live chat, client area for deposits and trading |
Demo Account | Free with lifetime access |
MIFX provides a proprietary trading platform compatible with desktop and mobile devices. While specific spreads, leverage, minimum deposits, and commissions are not publicly detailed, the platform offers advanced charting, educational resources, and seamless account management.
Fee Type | Details |
|---|---|
Deposit Fees | Limited information available |
Withdrawal Fees | Limited information available |
Commission | Not publicly disclosed |
Inactivity Fees | Not specified |
MIFX emphasizes client fund security via segregated accounts but does not disclose detailed fee information. Traders should consult the official website or customer support for exact costs.
MIFX is highly regarded among Indonesian traders for its regulatory compliance, secure trading environment, and robust educational support. Its rewards program and mobile trading platform enhance user engagement, while over 30% market share highlights widespread trust and adoption.
MIFX continues to focus on maintaining platform security, regulatory compliance, and client satisfaction. No major changes have been reported in 2024–2025.
MIFX is a leading broker in Indonesia’s forex and commodities trading sector, offering a secure, regulated, and versatile trading environment. Backed by BAPPEBTI regulation, ISO certification, and over 25 years of experience, it provides traders with confidence in safety, transparency, and reliability.
While specific trading conditions and fees are not publicly detailed, MIFX’s comprehensive platform, rewards program, and educational resources make it an attractive choice for both beginner and experienced traders seeking a trusted local broker.
We have not confirmed any regulation for MIFX. 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 MIFX. 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
3 account types on record. Minimum deposit from IDR 500,000. Leverage up to 1:100.
| Account | Min Deposit | Leverage | Commission |
|---|---|---|---|
| BasicStandard | IDR 500,000 | 1:100 | $10 |
| Standard | USD 500,000 | 1:100 | $1 |
| ProVIP | USD 100,000,000 | 1:100 | $5 |
5 ways to fund an account. 2 with no deposit fee. 3 credit instantly.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
Bank Transfer/Wire (SWIFT)Wire TransferBank fees may apply; USD withdrawals incur fees; processing 1-2 business days or 1 day reported; primary and reliable method. | Free | Not recorded | IDR 500,000 | Not recordedNot recorded | 1 day |
E-wallets (GoPay, OVO, LinkAja)E-WalletSmall admin fees apply; fast execution noted; supports IDR and USD. | Not recorded | Not recorded | IDR 500,000 | Not recordedNot recorded | Instant |
Credit/Debit CardsCredit CardFees and availability vary by region; less detailed info on withdrawals. | Not recorded | Not recorded | IDR 500,000 | Not recordedNot recorded | Instant |
Virtual AccountsBank TransferLocal Indonesian method; withdrawals same-day; fees free for deposits. | Free | Not recorded | IDR 500,000 | Not recordedNot recorded | 1 day |
QRISE-WalletLocal Indonesian payment method; fees apply for e-wallets/QRIS on withdrawals. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Instant |
2 trading platforms on record: MetaTrader 5 and MetaTrader 4.
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.
MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.
3 other brokers on the record share what MIFX offers — its country, regulator, account types or platforms — set beside it on the same measures.
Common questions about MIFX
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