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PasarFX

Regulated
Indonesia
,
Since 2022
Last Updated:
25/100
Overall Score

Trading Conditions

Min Deposit:
USD50
Max Leverage:
25
Account Types
GOFX MicroGOFX Mini

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

1 methods

Bank Transfer (Segregated Account)

bank transfer
days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 7%, 2: License 34%, 3: Software 50%, 4: Spread 0%, 5: Account Type 8%, 6: Symbol 0%
Regulation
7%Poor
License
34%Poor
Software
50%Fair
Spread
0%Poor
Account Type
8%Poor
Symbol
0%Poor

Company Information

Full Name:PT Pasar Forex dan Komoditi Berjangka
Founded:2022
Headquarters:Indonesia
Enterprise Offices:1offices

Customer Support

Phone:
+62 21 5023 3939
Live Chat:
Not Available
Response Time:
Languages:
Indonesian
Scroll Down
Editorial review
Updated

Broker Summary

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

PasarFX is the retail brand of PT Pasar Forex dan Komoditi Berjangka, a futures brokerage based at Soho Capital in West Jakarta. The company's own About page dates its licence to 26 April 2022 and states that it operates under the supervision of BAPPEBTI, with additional oversight referenced from OJK and Bank Indonesia. It is a member of the ICDX and JFX exchanges and clears through Indonesia Clearing House and Kliring Berjangka Indonesia.

Regulation. PasarFX is a domestically regulated Indonesian broker rather than an offshore CFD shop. Its business is multilateral, exchange-traded futures rather than over-the-counter dealing, which means positions are matched on the ICDX order book and client money sits in segregated accounts guaranteed by the clearing house. That structure is a genuine protection, but the protections are Indonesian ones: a client outside Indonesia would be relying on a domestic complaints and arbitration regime, not on an international compensation scheme.

What they offer. The tradable set is the ICDX GOFX family: daily rolling gold contracts (GOLDUD, GOLDGR, GOLDID), crude oil futures (COFR and COFU) and 33 foreign-currency contracts spanning the majors, crosses and a set of Asian pairs. Crude oil is quoted at 1:25 leverage against roughly 4 percent margin, the only leverage figure published anywhere on the site. There is no equity, index or cryptocurrency offering under the broker's own licence, although the company says it partners with a separate application for US share investing.

Accounts and funding. Three tiers are advertised: a free GOFX Trial demo account, GOFX Micro from a 50 dollar opening deposit and GOFX Mini from 500 dollars. Deposits are made by transfer to segregated company accounts at Bank Central Asia, Bank CIMB Niaga and Bank Artha Graha Internasional, each held in both Rupiah and US dollars. Identity verification is mandatory before an account is funded and is usually completed within about thirty minutes on a business day. The minimum age is 17, with parental consent required below 21.

Platform. MetaTrader 5 is the sole platform, offered for Windows, macOS, Linux, Android and iOS, alongside the company's own mobile apps on the Google Play and Apple app stores.

Who it suits, and the caveats. PasarFX is built for Indonesian residents who want exchange-cleared commodity and currency futures under domestic supervision, and who are comfortable dealing in Indonesian. The site is published only in Indonesian, support runs on Jakarta phone lines and WhatsApp, and there is no live chat. The honest gaps are commercial disclosure and paperwork: the company publishes no spread table, no commission schedule, no swap or overnight financing terms, no withdrawal fees or processing times, and no client agreement, terms and conditions or risk disclosure document. Nor is a company registration number disclosed, and Indonesia's corporate registry is not openly searchable, so the entity behind the brand could not be confirmed against a company register. Prospective clients should ask for the full fee schedule and the client agreement in writing before funding an account.

Regulation check
Checked

Regulatory Licenses

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

3 of 3 checked
3Licences on record
3Confirmed on register
0Tier 1 or 2
3Offshore

How far our check got

  • 3 confirmed on a register
  • BAPPEBTITier 3OffshoreIndonesiaRetail Forex LicenseNo. 0002/UPTP/SIP/5/2019Confirmed on registerChecked

    What the register says

    Licence number
    0002/UPTP/SIP/5/2019
    Type
    Retail Forex License
    Register status
    Active
    Effective
    May 1, 2019
    Expires
    No expiry shown

    What our check found

    Indonesia's national commodity futures regulator, part of the Ministry of Trade. It issues futures broker business licences, inspects premises before granting them and requires client money to be held in named segregated bank accounts. Client protection: Real national supervision with segregated client accounts and mandatory clearing, but Indonesia operates no investor compensation scheme, so there is no payout if the firm itself fails.. Effective: May 2019.

    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 PasarFX 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
  • ICDXTier 3OffshoreIndonesiaDealing in futures contractsNo. 189/SPKB/ICDX/DIR/II/2019Confirmed on registerChecked

    What the register says

    Licence number
    189/SPKB/ICDX/DIR/II/2019
    Type
    Dealing in futures contracts
    Register status
    Active
    Effective
    Feb 12, 2019
    Expires
    No expiry shown

    What our check found

    Indonesia's second futures exchange, which lists the multilateral gold, oil and currency contracts this broker sells. Membership is an exchange approval, not a separate regulatory licence. Client protection: Contracts trade on a supervised venue and clear centrally. Membership adds venue discipline but carries no deposit guarantee.. Effective: 12 Feb 2019.

    Client protection under this licence

    • Compensation schemeIndonesia deposit insurance covers up to IDR 2 billion per depositor
    • Complaints routecomplaints via pengaduan.bappebti.go.id
    • Maximum leverage1:100 (domestic GOFX products)

    These are the rules ICDX sets for the firms it licenses. They are not a statement about how PasarFX applies them, or about which of its companies would hold your account.

    About Indonesia Commodity and Derivatives Exchange

    Offshore regulatorGovernment bodyCompensation: Indonesia deposit insurance covers up to IDR 2 billion per depositorNo public registerTransparency: low
  • JFXTier 3OffshoreIndonesiaDealing in futures contractsNo. SPAB/187/BBJ/01/2024Confirmed on registerChecked

    What the register says

    Licence number
    SPAB/187/BBJ/01/2024
    Type
    Dealing in futures contracts
    Register status
    Active
    Effective
    Jan 1, 2024
    Expires
    No expiry shown

    What our check found

    Indonesia's main futures exchange. Exchange membership is an approval to trade listed contracts on that venue, granted on top of the Bappebti licence rather than instead of it. Client protection: Trades executed on a supervised venue and novated to a clearing house, which reduces counterparty risk. It is not by itself a licence to solicit clients.. Effective: January 2024.

    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 PasarFX 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
Where we have checked a licence, it was checked against the issuing regulator's own register. Register wording is quoted as found.See all tier-1 regulated brokers
Trading accounts
Updated

Account Types

2 account types on record. Minimum deposit from USD 50.

2 account types
AccountMin DepositLeverageCommission
GOFX MicroMicro · CentUSD 50Not recordedNot recorded
GOFX MiniMini · CentUSD 500Not recordedNot recorded
Account names and conditions as published by PasarFX, recorded by Wikilix.
Client acceptance

Country availability

Where PasarFX says it will and won't take clients

No country restrictions on record. We looked and found nothing published — which is not the same as being open to everyone. Check PasarFX's terms.

How we know — 5 sources
  1. 1The site was read in full and publishes no restricted-country or accepted-country list anywhere, so no code could be placed in any list.
  2. 2The legal notice repeated in the footer of every page states only that 'Layanan PasarFX tunduk pada yurisdiksi hukum Indonesia' (PasarFX's services are subject to Indonesian law). That is a choice-of-law clause, not a list of refused jurisdictions, so it sets no code.
  3. 3The registration form at https://dashboard.pasarfx.co.id/client/register asks only for full name, phone, email and password. It carries no country selector and loads no country list, so onboarding gives no whitelist evidence either.
  4. 4The FAQ at https://pasarfx.co.id/faq/ sets eligibility by age (minimum 17, parental consent under 21) and by identity verification, and says nothing about residence or nationality.
  5. 5The account-opening guide at https://pasarfx.co.id/panduan-registrasi/ lists only Indonesian bank accounts for funding, and the legal page at https://pasarfx.co.id/dokumen/ carries licences and memberships rather than a client agreement.
Recorded by WIKILIX research, not published by the broker, and not a guarantee. A country listed nowhere above is not thereby accepted — check PasarFX's own terms before you open an account.
Deposits & withdrawals

Funding Methods

One way to fund an account.

1 method
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank Transfer (Segregated Account)Bank TransferDeposits are made to the company's segregated accounts at Bank Central Asia, Bank CIMB Niaga and Bank Artha Graha Internasional, each held in both Rupiah and US dollars. The company publishes no deposit or withdrawal fee, no per-transfer limits and no processing time.Not recordedNot recordedNot recordedNot recordedNot recordedday
Fees, limits and processing times as published by PasarFX, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: Meta Trader 5.

1 platform
  • Meta Trader 5Recommendedby MetaQuotes Software Corp · 2010WindowsMacLinuxWebAndroidiOSAPIDownload
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

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

3 domains
  • Indonesiadashboard.pasarfx.co.idRegionalIndonesiaActiveHTTPS
  • portal.pasarfx.co.idRegionalActiveHTTPS
  • dashboard-v2.pasarfx.co.idActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

4 official channels on record.

4 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the PasarFX brand.

1 entity
  • PT Pasar Forex dan Komoditi BerjangkaActiveIndonesiaEstablished Apr 26, 2022The operating company behind the PasarFX brand. It is the licensed futures brokerage named on every licence record and on the company's own legal notices; no company registration number is disclosed publicly.
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

The operating company is PT Pasar Forex dan Komoditi Berjangka. Registered in Indonesia.

Verified on registry
Jurisdiction
Indonesia
Registry
Bappebti futures broker register (Indonesia's company registry, AHU, is not open to public search)
Registered address
Soho Capital, Lantai 39, Suite 3905, Jl. Letjen S Parman Kav 28, Kelurahan Tanjung Duren Selatan, Kecamatan Grogol Petamburan, Jakarta Barat, DKI Jakarta 11470

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