PasarFX

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.