Overall Score20 / 100The Wikilix trust rating of Millennium Penata Futures, out of 100, built from the five factors below.Do not trust: a published scam check confirmed it is a scam, and it clones another firm or sits on a regulator warning list.Regulation74%Identity50%Client terms50%Trading offer52%Service24%Score last calculated 2026/10/17
Trading Conditions
Min Deposit:
USD100
Max Leverage:
100
Account Types
N/A
Official website
mpf.co.id
Online · checked Sep 10, 2026
Funding Methods
4 methods
VISA
credit card
Not recorded
Fee:Free
Fee:Free
Mastercard
credit card
Not recorded
Fee:Free
Fee:Free
PayPal
e wallet
Not recorded
Fee:Free
Fee:Free
Bank Transfer
bank transfer
Not recorded
Fee:Free
Fee:Free
Trust rating
Do not trustBelow 35, or a stop sign applied: a confirmed or likely scam, a copied identity, or a regulator warning. Keep your money away.Why: Do not trust: a published scam check confirmed it is a scam, and it clones another firm or sits on a regulator warning list.
20 out of 100 · 73% checkedThe share of the record we could verify. What we could not check counts as unknown and pulls the score toward the middle, never down.
Do not trust
High risk
Fair
Good
Excellent
Do not trust: a published scam check confirmed it is a scam, and it clones another firm or sits on a regulator warning list.
Capped at 20 · Confirmed scam
RegulationWhether a financial authority supervises this broker: the licences it holds, whether we verified them on the official register, how strong that regulator is and what protection it gives clients. Worth 35 points of 100.
74Good
IdentityWho is behind it and for how long: a company registration we verified, years of verified history, how openly it names its entity, address and owners, and whether its website is intact. Worth 15 points.
50Fair
Client termsHow fair the client agreement is: the risk found in our policy review, the number of critical clauses, withdrawal rules, and whether the terms say the same in every language. Worth 15 points.
50Fair
Trading offerWhat trading costs and how clearly it is disclosed: pricing per account type, the all-in cost of EURUSD, instruments, platforms, leverage against regulated limits and the minimum deposit. Worth 20 points.
52Fair
ServiceHow clients are treated: support channels, complaints about withdrawals and reputation from our investigation, and reviews by WIKILIX members. Worth 15 points.
24Poor
We checked Millennium Penata Futures on 2026-10-17 across regulation, corporate record, client terms, trading offer and service, covering 73% of the record. The best licence in force was NFA 0263119. The score was capped at 20 because a published scam check confirmed it is a scam, and 1 further gate also triggered. What would change it: licence held by the onboarding entity, policy risk, critical clauses. The published scam check reached the verdict "confirmed scam" and established 21.8 years of track record. No policy review had been published, so the client terms were not scored. Trading EURUSD cost about 3 pips all-in, spread and commission together.
0%Scam riskScam risk is our overall estimate that this broker is unsafe, from 0% (safe) to 100% (almost certainly a scam). It blends the six risk areas below, weighted by how strong the evidence is. Higher means riskier.
Confirmed scamOur overall call, based on the evidence we could verify. From safest to worst: Appears legitimate, Insufficient evidence, High risk (unverified), Likely scam, Confirmed scam. A separate "Not a broker" verdict is used when it does not really offer trading.Confidence: HIGHHow sure we are of this verdict, based on how much solid, checkable evidence we found. Shown as Low, Medium or High.
1.5/5Safety rating 1.5 out of 5
The Wikilix safety rating, from 1 to 5 stars. It mirrors the scam risk (5 = safest, 1 = riskiest), so a higher risk percentage means fewer stars.
Yes. Millennium Penata Futures is a confirmed scam. Indonesia's futures regulator BAPPEBTI revoked its licence on 6 March 2019 after finding it handled client money without permission, and thousands…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation7/10 · HighIs it overseen by a strict, well-known financial regulator? Offshore-only or missing licences score higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).Identity & transparency8/10 · CriticalHow openly it shows who and where it is (legal entity, address, owners). Hidden details score higher.Scored 0 (clean) to 10 (worst). This area is 8/10 (Critical).Withdrawals & conduct10/10 · CriticalCredible reports of clients being unable to withdraw their money. More such reports score higher.Scored 0 (clean) to 10 (worst). This area is 10/10 (Critical).Reputation9/10 · CriticalWhat independent reviews, regulators and watchdogs say about it. A poor track record scores higher.Scored 0 (clean) to 10 (worst). This area is 9/10 (Critical).Website claims9/10 · CriticalWhether the site claims (awards, years active, licences) actually check out. False claims score higher.Scored 0 (clean) to 10 (worst). This area is 9/10 (Critical).Operational history7/10 · HighHow long and how consistently it has genuinely operated. Brand-new or murky history scores higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).
Editorial review
Updated
Broker Summary
What Wikilix has recorded about Millennium Penata Futures: its history, the licences it holds, its trading conditions and its fees.
Overview
Millennium Penata Futures is a brand operated by PT Millennium Penata Futures, an Indonesian futures and foreign-exchange dealing business addressed at UOB Plaza, Thamrin Nine, 43rd floor, Jl. M.H. Thamrin No. 10 Kav. 8-10, Jakarta 10230. The brand's published contact points are the Jakarta telephone number +62 21 3919917 and the email address accounts@mpf.co.
Regulation and licence
No forex trading licence could be established for this operator during our research. No authorisation number, no issuing authority and no licence certificate were found for the company, and we were unable to verify any regulatory standing directly with a supervisory authority. A reader should treat the service as unregulated for our purposes until the operator publishes a licence number that can be checked against the issuing regulator.
Safety of client funds
Without a confirmed licence there is no evidence of segregated client accounts, of a compensation or investor-protection scheme, or of any statutory complaints route. Money placed with an operator in this position depends entirely on the firm's own solvency and good faith.
Company and transparency
The operating entity is named openly, which is more than many high-risk brands manage, and the Jakarta address is a real commercial tower. We were not able to reach an official Indonesian corporate registry entry for the company during this research, so its registration number, incorporation date and current standing remain unconfirmed by us.
Website availability
The brand's stated website, , did not serve any content when we tried it. Both a direct request and a full browser attempt returned a hosting-level failure rather than a page. A prospective client therefore cannot read the trading terms, the legal documents or the client agreement at the address the brand publishes.
Accounts, fees and leverage
No account tiers are published that we could read. The headline commercial terms associated with the brand are a minimum deposit of about 100 USD and leverage of up to 1:100, with a variable spread quoted at roughly 3.0 pips on EUR/USD. That spread is wide against the wider retail market and is a meaningful drag on any short-horizon strategy.
Platforms
The brand is associated with MetaTrader 4, including its mobile build, and with a J-Trader front end for futures dealing. We could not confirm server names or download links.
Funding and withdrawals
Card payments via Visa and Mastercard, PayPal and bank transfer are the channels associated with the brand. No deposit or withdrawal fee is stated, and withdrawal processing is quoted at up to five business days. None of these terms could be confirmed against a live client agreement.
Pros and cons
For: the operating company is named rather than hidden, a real Jakarta business address and a landline are published, and the platform on offer is a mainstream one.
Against: no verifiable trading licence, an unreachable website, an unconfirmed corporate registration, and a quoted EUR/USD spread well above the market norm.
Assessment
The combination of an unverifiable licence and a website that does not load is decisive. There is no reasonable way for a retail client to read the terms they would be agreeing to, and no supervisory body identified that would hear a complaint. We do not consider this a safe place to hold trading capital on the evidence available.
Millennium Penata Futures holds a tier-1 or tier-2 licence that we confirmed on the regulator's own register. Each licence below opens its record of what that register says.
1 of 1 checked
Licences on recordEvery licence or registration recorded for this broker, whether the broker claims it or our check found it.
1
Confirmed on registerLicences we located on the issuing regulator's own public register, with a screenshot taken at the time.
1
Tier 1 or 2Licences from tier-1 or tier-2 authorities (FCA, ASIC, CySEC and peers), the strongest client protection. A registration we could not confirm as a licence is not counted.
1
OffshoreLicences from offshore registers, which typically carry no compensation scheme and lighter oversight.
0
WIKILIX
Licence intelligence
The only licence on file
Licence Verification Record
National Futures Association0263119
Wikilix read the NFA register on Aug 27, 2026. This is what it said.
Jurisdiction
United States
Authority strength
Tier 1
Register status
Belongs to Millennium Global Investments Limited of London, not to this operation. Documented by investor groups in the firm's overseas recruitment material; we verified the true owner on the
Checked Aug 27, 2026
What our check found
Not this firm's registration at all. NFA ID 0263119 belongs to Millennium Global Investments Limited of 88 Wood Street, London, a UK currency asset manager registered as a commodity trading advisor and pool operator since the 1990s. The Jakarta firm never held any US registration. Client protection: None. This is another company's credential. Any CFTC or NFA claim made under the Millennium Penata Futures name is false and should be treated as a warning sign in itself.
Client protection under this licence
Compensation schemeUp to USD 500000 (SIPC)
Client money kept separate
Complaints routeNFA Arbitration
Maximum leverage1:47
These are the rules NFA sets for the firms it licenses. They are not a statement about how Millennium Penata 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.
MetaTrader 4 is offered alongside a J-Trader platform for futures dealing.
Runs on
Windows
Web
Android
iOS
Details
Social channels
Social Presence
One official channel on record.
1 channel
Legal entities
Corporate Network
One legal entity behind the Millennium Penata Futures brand.
1 entity
PT Millennium Penata FuturesActiveIndonesiaThe operating entity named for the brand. No entry could be reached in an official Indonesian corporate registry during this research, so the registration number and incorporation date remain unconfirmed.
Company registry check
Checked
Company Registration
Millennium Penata Futures names PT Millennium Penata Futures as the operating company. We could not confirm that registration on the registry.
Gedung Millennium, Jl. Kramat Raya No. 38, Jakarta Pusat 10450, Indonesia
Peer comparison
Brokers worth comparing
3 other brokers on the record share what Millennium Penata Futures offers — its country, regulator, account types or platforms — set beside it on the same measures.
The brand is described as having been active for roughly five to ten years, but we could not confirm that against an incorporation record or against the company's own site, both of which were unreachable. Treat the age claim as unverified.
There is no evidence that they are. With no confirmed licence there is no evidence of segregated client accounts, no compensation or investor-protection scheme, and no statutory complaints route. Any money placed depends entirely on the firm's own solvency and good faith.
We have not established fraud, and it would be unfair to claim it. What we have established is that the operator is high risk and unverified: no trading licence could be found, the corporate registration could not be confirmed on an official record, and the website a client would sign up through does not work. That combination leaves a depositor with no terms to read and no authority to complain to, which is reason enough to stay away.
The published contact points are the Jakarta landline +62 21 3919917 and the email address accounts@mpf.co, with support described as available 24/5. There is no live chat we could confirm and no working support portal, since the website is down.
We cannot say. The broker's own restricted-jurisdictions text, terms, client agreement and signup country selector are all published on a website that does not serve content, so no restriction list and no accepted-country list could be read. The absence of a published block is never the same as acceptance.
The stated figure is up to five business days. We have no way to test it: the website does not load, and no regulator was identified that would publish complaint data or hear a dispute over a delayed payment.
The channels associated with the brand are Visa and Mastercard cards, PayPal and bank transfer. No deposit or withdrawal fee is stated and withdrawal processing is quoted at up to five business days. None of this could be checked against a live client agreement, and with no licence identified there is no supervisory route to escalate a withdrawal that does not arrive.
MetaTrader 4, including its mobile build, together with a J-Trader front end for futures dealing. Server names and official download links could not be confirmed because the brand's website does not serve content.
A variable spread of roughly 3.0 pips on EUR/USD is the figure associated with the brand, with no separate commission stated. Three pips on the most liquid pair in the market is wide; mainstream competitors quote a fraction of that, and the difference compounds quickly for anyone trading frequently.
Up to 1:100. That is moderate by retail standards rather than aggressive, but leverage magnifies losses as readily as gains and offers no protection against the fact that no supervisory body was identified for this operator.
The figure associated with the brand is about 100 USD. Because the website does not load, this could not be confirmed against a live account-opening page or a published fee schedule, so treat it as indicative only.
No. The address the brand publishes, , returned a hosting-level failure rather than a page on every attempt we made, including a full browser load and the apex and locale-prefixed forms of the address. A prospective client cannot read the client agreement, the terms or the risk disclosure there.
The operating legal entity is PT Millennium Penata Futures, an Indonesian company addressed at UOB Plaza, Thamrin Nine, 43rd floor, Jl. M.H. Thamrin No. 10 Kav. 8-10, Jakarta 10230. We were not able to reach an official Indonesian corporate registry entry for it during this research, so its registration number, incorporation date and current standing remain unconfirmed.
Not as far as we could establish. We found no forex trading licence, no authorisation number and no issuing authority for PT Millennium Penata Futures, and no regulatory standing could be verified with a supervisory body. Until the operator publishes a licence number a reader can check against the regulator that issued it, treat the service as unregulated.
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