PanEn Kapital Berjangka Review 2026

Q: What are the main risks of trading with this broker?

Three, in order of importance. First, opacity : its commercial terms, fees and funding rules are not publicly readable, so you would be committing money on terms you cannot compare or verify in advance. Second, weak client-money protection : the domestic regime it operates under offers materially less recourse than a tier-one authority, and no segregation or compensation arrangement was confirmed. Third, the product itself : leveraged futures and forex trading carries a high risk of rapid capital loss regardless of who the broker is.

Q: How do I contact PanEn Kapital Berjangka?

By telephone on +62 021 21684233 , by email at cso@panenkapitalberjangka.co.id , or in person at Panen Tower Lantai 5, Jl. Patal Senayan No. 31, Jakarta Selatan 12210. The company also maintains a Facebook presence. No live chat channel, support portal or published support hours were identified.

Q: Which trading platforms can I use?

MetaTrader 5 , provided on a white-label basis through a single dedicated server, PanenKapital-Server, hosted in Indonesia. No MetaTrader 4 server is operated and no proprietary platform was identified. MT5 is available in its standard Windows, web and Android/iOS mobile builds.

Is PanEn Kapital Berjangka a scam?

Wikilix independent safety report

Read the full report

0%Scam risk

High risk (unverified)Confidence: MEDIUM

2.5/5

We rate PT Panen Kapital Berjangka 65 out of 100 for risk, and we want to be clear why: we found no fraud and no missing-money reports. It holds a real Indonesian futures licence that we confirmed on…

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

Regulation4/10 · ModerateIdentity & transparency3/10 · LowWithdrawals & conduct2/10 · LowReputation6/10 · HighWebsite claims5/10 · ModerateOperational history6/10 · High

Editorial review

Updated Sep 10, 2026

Broker Summary

What Wikilix has recorded about PanEn Kapital Berjangka: its history, the licences it holds, its trading conditions and its fees.

PanEn Kapital Berjangka is the trading brand of PT Panen Kapital Berjangka, an Indonesian futures brokerage (pialang berjangka) headquartered at Panen Tower Lantai 5, Jl. Patal Senayan No. 31, Jakarta Selatan 12210. It serves the Indonesian domestic market rather than an international client base.

Regulation. The broker holds two Indonesian permissions. The first is a Forex Trading License (EP) from the Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI), the government commodity futures regulator, under number 13/BAPPEBTI/SI/03/2008, issued to PT Panen Kapital Berjangka and covering forex, futures and financial derivatives trading. The second is a Derivatives Trading License (AGN) representing broker membership of the Jakarta Futures Exchange, number SPAB -156/BBJ/09/07. Both are shown as active and both name the same operator, which is the consistency you want to see. Two honest caveats apply. Neither permission carries a published effective or expiry date, and neither could be checked against the issuing authority's own register during this review, so the confirmation rests on the licence documentation rather than on the regulator's live record. BAPPEBTI is also a domestic-scope regulator: its remit runs to Indonesian residents, and the investor-protection and segregation guarantees it provides are materially weaker than those of a tier-one authority such as the FCA or ASIC.

Platform and offering. Trading is on MetaTrader 5, supplied on a white-label basis through a single dedicated server, PanenKapital-Server, hosted in Indonesia. No MetaTrader 4 server is operated. MT5 is available in its usual desktop, web and mobile builds.

Funding, accounts and terms. These are not documented here, and that is a gap rather than a finding. The broker's website was protected by a security layer that refused every access route attempted during this review, so its account tiers, minimum deposit, leverage, spreads, commissions, deposit and withdrawal channels, fees and country policy could not be read. Nothing in this profile fills those gaps by inference. A prospective client should obtain them in writing from the broker directly.

Corporate verification. The operating entity could not be confirmed on an official register. Indonesia's company register is behind a paid account and was unreachable, and the entity has no Legal Entity Identifier. The company name, address and licence numbers are internally consistent across the documentation reviewed, but the incorporation date and registration number remain unconfirmed.

Who it suits. Indonesian residents who specifically want a domestically licensed, exchange-member futures broker and are comfortable dealing with a firm whose commercial terms are not publicly readable. It is not a fit for anyone outside Indonesia, anyone who needs tier-one regulatory protection over client money, or anyone who wants to compare pricing before opening an account. Leveraged futures and forex trading carries a high risk of losing your capital.

Regulation check

Checked Aug 22, 2026

Regulatory Licenses

Every licence PanEn Kapital Berjangka has in force is from an offshore regulator. Most carry no compensation scheme — each row below says what the issuing regulator actually requires.

2 of 2 checked

2Licences on record

2Confirmed on register

0Tier 1 or 2

2Offshore

How far our check got

2 confirmed on a register

BAPPEBTITier 3OffshoreIndonesiaRetail Forex LicenseNo. 001/BAPPEBTI/SPA/02/2021Confirmed on registerChecked Aug 22, 2026
What the register says
Licence number
001/BAPPEBTI/SPA/02/2021
Type
Retail Forex License
Register status
Active on the Bappebti register of licensed futures brokers
Effective
Feb 1, 2021
Expires
No expiry shown
What our check found
An Alternative Trading System licence, the Indonesian framework that lets a licensed futures broker offer over-the-counter forex, metals, energy and index contracts through an approved market maker. It means an affiliated market maker can be the client's counterparty, which is legal and disclosed but is a structural conflict of interest. Client protection: Same segregated-account and complaints protections as the brokerage licence, with the added caveat that the counterparty to trades is a market maker rather than an exchange order book.. Effective: Feb 2021.
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 PanEn Kapital Berjangka applies them, or about which of its companies would hold your account.
About Badan Pengawas Perdagangan Berjangka Komodit
Offshore regulatorGovernment bodyCompensation: Indonesia deposit insurance covers up to IDR 2 billion per depositorPublic registerTransparency: medium
Typical cost of this licence
At least IDR 50 billion paid-up capital; maintain IDR 40 billion equity
View BAPPEBTI page
JFXTier 3OffshoreIndonesiaDealing in futures contractsNo. SPAB-156/BBJ/09/07Confirmed on registerChecked Aug 22, 2026
What the register says
Licence number
SPAB-156/BBJ/09/07
Type
Dealing in futures contracts
Register status
Held and reported current; the exchange froze this membership in October 2019 under the former company name and it has since been restored
Effective
Sep 1, 2007
Expires
No expiry shown
What our check found
Approval as a trading member of the Jakarta Futures Exchange, known locally as Bursa Berjangka Jakarta. This is exchange membership and a prerequisite for broking on that exchange, not a separate conduct-supervision licence. Client protection: Exchange trading rules and an exchange-level dispute channel. It is not a deposit-protection or compensation scheme.. Effective: Sep 2007.
Client protection under this licence
- Compensation schemeClearing house guarantee fund
- Complaints routeBappebti dispute resolution & arbitration
- Maximum leverage1:100
These are the rules JFX sets for the firms it licenses. They are not a statement about how PanEn Kapital Berjangka applies them, or about which of its companies would hold your account.
About Jakarta Futures Exchange
Offshore regulatorGovernment bodyCompensation: Clearing house guarantee fundPublic registerTransparency: medium
Typical cost of this licence
USD 1m membership & capital
View JFX page

Trading software

Trading Platforms

One trading platform on record: Meta Trader 5.

1 platform

Meta Trader 5Recommendedby MetaQuotes Software Corp · 2010WindowsMacLinuxWebAndroidiOSAPI
Details

Websites

Global Domains

2 domains on record. All active and served over HTTPS.

2 domains

panenfx.co.idBackupIndonesiaActiveHTTPS
cabinet.panenfx.co.idRegionalActiveHTTPS

Legal entities

Corporate Network

One legal entity behind the PanEn Kapital Berjangka brand.

1 entity

PT Panen Kapital BerjangkaActiveIndonesiaIndonesian limited liability company (Perseroan Terbatas) named as the licensed entity on both futures-broker permissions. Registration number and incorporation date could not be confirmed: Indonesia's company register requires a paid account and was unreachable this run, and no LEI record exists for the entity.

Company registry check

Checked Aug 22, 2026

Company Registration

PanEn Kapital Berjangka names PT Panen Kapital Berjangka as the operating company. We could not confirm that registration on the registry.

Not confirmed on registry

Legal entity: PT Panen Kapital Berjangka
Jurisdiction: Indonesia
Registry: Bappebti futures broker register (the regulator's own record; the Indonesian corporate registry entry could not be opened)
Registered address: Panen Tower Lantai 5, Jl. Patal Senayan No. 31, Grogol Utara, Kebayoran Lama, Jakarta Selatan, DKI Jakarta 12210, Indonesia

Frequently Asked Questions

Common questions about PanEn Kapital Berjangka

Should I trade with PanEn Kapital Berjangka?

Only if you are an Indonesian resident who specifically wants a domestically licensed exchange-member futures broker,...

What are the main risks of trading with this broker?

Three, in order of importance. First, opacity: its commercial terms, fees and funding rules are not ...

How do I contact PanEn Kapital Berjangka?

By telephone on +62 021 21684233, by email at cso@panenkapitalberjangka.co.id, or i...

Not established. No account documentation was readable during this review, so whether swap-free (syariah) or ECN-style accounts are offered is unknown. Given the Indonesian market, a swap-free option is plausible, but plausible is not the same as confirmed and we do not publish it as a feature.

Its exact founding date is unconfirmed. The licence identifiers it holds carry 2007 and 2008 date components, which suggests the underlying permissions are long-standing, but a number embedded in a licence reference is not a documented incorporation date and this review will not present it as one. There is also an unconfirmed indication that the company previously traded under a different name, which would mean the brand is much newer than the licences behind it.

Almost certainly only in Indonesia. The permissions it holds are domestic Indonesian ones, and the authority that grants them licenses brokers to serve Indonesian residents rather than an international client base. The broker's own restricted-country policy could not be read this review, so no definitive list of accepted or refused jurisdictions is published here. If you are not resident in Indonesia, assume you are outside its intended market and confirm before applying.

Unknown. No published processing time was readable, and this review found no body of client withdrawal reports either way, positive or negative. The absence of complaints is not the same as evidence of prompt payment, so treat withdrawal speed as untested and verify it yourself with a small first withdrawal.

The deposit and withdrawal channels, their fees, processing times and limits are not documented here, because the broker's funding pages could not be reached during this review. As an Indonesian futures broker, funds would normally move through a segregated domestic bank account, but the specific methods and any charges are unconfirmed. Obtain the schedule in writing, and test a small withdrawal before committing meaningful capital.

MetaTrader 5, provided on a white-label basis through a single dedicated server, PanenKapital-Server, hosted in Indonesia. No MetaTrader 4 server is operated and no proprietary platform was identified. MT5 is available in its standard Windows, web and Android/iOS mobile builds.

Not published in any source this review could reach. For context, the Indonesian regulatory framework the broker operates under generally caps leverage in the region of 1:100, but that is a feature of the regime rather than a confirmed statement of this broker's terms. Treat the broker's own written confirmation as the only reliable answer.

Not disclosed in anything this review could read. The broker's website was protected by a security layer that refused every access route attempted, so no account tier, minimum deposit or funding figure was obtainable. We would rather report the gap than publish a guessed number. Ask the broker in writing before depositing.

There is no evidence that it is. It is a named Indonesian company holding two genuine domestic permissions in its own name, which is not the profile of a fabricated broker. Equally, this review could not verify the things that would let us call it clean: the website was unreadable throughout, so no commercial terms, funding rules or client-money arrangements were seen, and the entity could not be found on a corporate register. Our assessment is therefore high risk, unverified rather than either endorsement or accusation.

The operating legal entity is PT Panen Kapital Berjangka, an Indonesian limited liability company (Perseroan Terbatas) registered at Panen Tower Lantai 5, Jl. Patal Senayan No. 31, Jakarta Selatan 12210. The same name appears on both licence records, which is a good consistency signal. Its company registration number and incorporation date could not be independently confirmed, because Indonesia's official company register is behind a paid account and the entity holds no Legal Entity Identifier.

Yes. The operator, PT Panen Kapital Berjangka, holds a Forex Trading License (EP) from Indonesia's Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) under number 13/BAPPEBTI/SI/03/2008, and a Derivatives Trading License (AGN) as a broker member of the Jakarta Futures Exchange under number SPAB -156/BBJ/09/07. Both are shown as active and both name the same operating company.

Two caveats matter. BAPPEBTI is a domestic-scope regulator whose client-money protections are considerably weaker than a tier-one authority's, and neither licence could be re-checked against the issuing authority's own live register during this review, so the confirmation rests on the licence documentation.

PanEn Kapital Berjangka

Trading Conditions

User Reviews

Funding Methods

Performance Metrics

Regulatory Licenses

Company Information

Customer Support

Is PanEn Kapital Berjangka a scam?

How far our check got

What the register says

What our check found

Client protection under this licence

About Badan Pengawas Perdagangan Berjangka Komodit

What the register says

What our check found

Client protection under this licence

About Jakarta Futures Exchange

Frequently Asked Questions

Should I trade with PanEn Kapital Berjangka?

What are the main risks of trading with this broker?

How do I contact PanEn Kapital Berjangka?

Does PanEn Kapital Berjangka offer swap-free or ECN accounts?

How old is PanEn Kapital Berjangka?

Is PanEn Kapital Berjangka available in my country?

How fast are withdrawals?

How do I deposit and withdraw money?

Which trading platforms can I use?

What leverage does PanEn Kapital Berjangka offer?

What is the minimum deposit at PanEn Kapital Berjangka?

Is PanEn Kapital Berjangka a scam?

Who owns and operates PanEn Kapital Berjangka?

Is PanEn Kapital Berjangka regulated?

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Comments

Frequently Asked Questions

Should I trade with PanEn Kapital Berjangka?

What are the main risks of trading with this broker?

How do I contact PanEn Kapital Berjangka?

Does PanEn Kapital Berjangka offer swap-free or ECN accounts?

How old is PanEn Kapital Berjangka?

Is PanEn Kapital Berjangka available in my country?

How fast are withdrawals?

How do I deposit and withdraw money?

Which trading platforms can I use?

What leverage does PanEn Kapital Berjangka offer?

What is the minimum deposit at PanEn Kapital Berjangka?

Is PanEn Kapital Berjangka a scam?

Who owns and operates PanEn Kapital Berjangka?

Is PanEn Kapital Berjangka regulated?

Can't find what you're looking for?

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