BAPPEBTIIndonesiaTier 3Licence number
12/BAPPEBTI/KP/02/2011
View licence record- Licence holder
- Held by Phillip Futures
- Licence type and regime
- Dealing in futures contracts
- Offshore
Not checkedUpdated
At a glance
Regulation on record for Phillip Futures
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 2
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 0
- Found on an official register
- 0
Phillip Futures has 2 licences on record with Wikilix, issued by one authority across one jurisdiction. None was issued by a tier-1 or tier-2 authority. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
2 licences come from authorities classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for Phillip Futures, strongest authority first.
2 records
- BAPPEBTIIndonesiaTier 3
- BAPPEBTIIndonesiaTier 3
Licence number
69/BAPPEBTI/SI/9/2010
View licence record- Licence holder
- Held by Phillip Futures
- Licence type and regime
- Dealing in futures contracts
- Offshore
Not checkedUpdated
Protection
What this licence protects
BAPPEBTI's own rules for the firms it authorises.
- 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
Frequently Asked Questions
Questions about the licences held by Phillip Futures
Answered from the register entries on this page.
Most Popular Questions
Phillip Futures serves residents of Indonesia only and does not support clients from prohibited countries such as North Korea or other UN-sanctioned countries. The broker is not suitable for international offshore CFD brokerage.
Yes, Phillip Futures charges a commission of US$1.5 per lot per side plus an 11% tax (PPN). Deposits and withdrawals via bank transfer do not incur fees.
Phillip Futures accepts deposits via bank transfer in USD or IDR from the client's registered bank account. Withdrawals can be made to pre-registered local or international bank accounts with processing typically completed the same day if requested before 09:30 WIB, otherwise the next business day.
Phillip Futures supports MetaTrader 5 and TradingView platforms. These platforms are available on multiple devices including iOS, Android, Windows, and Mac, offering advanced analytics and trading tools suitable for futures and forex trading.
PT Phillip Futures is regulated by BAPPEBTI, the Indonesian regulator for futures contracts. It holds valid licenses for dealing in futures contracts and operates under Indonesian law, serving residents only. Client funds are insured up to IDR 2 billion per depositor under Indonesia's deposit insurance scheme.
Phillip Futures has 2 licence records with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Phillip Futures holds licence records issued by BAPPEBTI. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
None of the licence records held by Phillip Futures comes from a tier-1 or tier-2 authority.
Not yet. None of the 2 licence records held by Phillip Futures has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Phillip Futures has licence records in Indonesia. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.