PJB

PJB is the trading brand of PT Pialang Jepang Berjangka, an Indonesian futures brokerage that marketed physical gold and crude palm oil derivatives to retail clients. The firm is registered in Indonesia and published a single contact number, +62 21-27510027, alongside its website at pjbindo.com.

Regulation. PJB holds no forex or derivatives licence that WIKILIX could confirm. The Indonesian retail forex permission and the Indonesian derivatives trading permission previously associated with the firm have both been revoked, and no replacement authorisation, licence number or certificate could be located. The broker should therefore be treated as unregulated: client deposits carry no supervisory protection, no segregation requirement and no compensation scheme.

Offering. The recorded offering is narrow. Leverage of up to 1:200 was advertised, dealing was routed through the SMART-TRADER platform rather than MetaTrader 4 or MetaTrader 5, and bank wire transfer was the only funding channel identified. A demo account was offered; no live account tiers, spreads, commissions or minimum deposit figures are published anywhere WIKILIX could read.

Current status. The website at pjbindo.com no longer serves a broker site. At the time of this review it returns an unconfigured content-management placeholder with no PJB branding, no account pages, no legal documents and no signup form, and requests for the localised path resolve to an unrelated site on the same host. A brokerage whose public presence has been dismantled while its licences stand revoked is not in a position to accept new clients.

Who it suits. Nobody, on the present evidence. There is no verifiable regulator, no confirmable corporate record, no functioning platform access and no disclosed withdrawal process. Traders looking for an Indonesian venue should confine themselves to firms whose current permission can be checked directly with the authority that issued it.

Caveats. Because the broker's own site is no longer operational, most commercial detail recorded here reflects the firm's historic offering rather than terms available today, and those terms could not be corroborated against the operator's own published pages.