Is PJB a scam?
Wikilix independent safety report
PJB is not a licensed broker any more, and it is not a functioning business today. Indonesia's futures regulator BAPPEBTI lists PT Pialang Jepang Berjangka on its official register of futures brokers…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Broker Summary
What Wikilix has recorded about PJB: its history, the licences it holds, its trading conditions and its fees.
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retail forex permission and the Indonesian derivatives trading permission previously associated with the firm have both been revoked, and no replacement authorisation, licence number or certificate could be located.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.
Website snapshots
One full-page capture of PJB's own site, archived so what it said can still be read after the page changes.
Regulatory Licenses
We have not confirmed any regulation for PJB. Money deposited with an unregulated broker is protected only by the company itself.
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for PJB. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Funding Methods
One way to fund an account.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
Bank Wire TransferWire TransferRecorded as the broker's primary deposit and withdrawal channel. No fees, limits or processing times are published. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Not recorded |
Global Domains
One domain on record. All active and served over HTTPS.
Corporate Network
One legal entity behind the PJB brand.
- PT Pialang Jepang BerjangkaActiveThe operating entity named for the PJB brand. No registration number or incorporation date could be confirmed on an official registry.
Company Registration
PJB names PT Pialang Jepang Berjangka as the operating company. We could not confirm that registration on the registry.
- Legal entity
- PT Pialang Jepang Berjangka
- Jurisdiction
- Indonesia
- Incorporated
- Jun 4, 2013
- Registered address
- Summitmas II Lantai 17, Jl. Jend. Sudirman Kav. 61-62, Senayan, Kebayoran Baru, Jakarta Selatan 12190, Indonesia
Brokers worth comparing
One other broker on the record shares what PJB offers — its country, regulator, account types or platforms — set beside it on the same measures.
PJB
This recordWikilix score 0.0RegulationNo RegulationMax leverage1:200PlatformsNot recordedLicencesNot recordedPT SGB
Wikilix score 35.0RegulationRegulatedBAPPEBTIMax leverage1:100Platforms1Licences2
Frequently Asked Questions
Common questions about PJB
A current licence traceable to a named authority with a verifiable number and an in-force status; a corporate record for PT Pialang Jepang Berjangka on the Indonesian registry showing the company active at a real address; a restored, branded website publishing account terms, a fee schedule and legal documents; and a period of clean, verified withdrawals. Any one of those alone would not be enough.
Stop sending further funds immediately, including any payment presented as a fee, tax, commission or unlock condition required before a withdrawal will be released; requests of that shape are a recognised pattern and paying them does not recover the original balance. Submit a written withdrawal request for the full amount and keep a copy. Gather your transfer receipts, account statements and all correspondence, then report the matter to the Indonesian commodity futures supervisory authority and to your own bank's fraud team as soon as possible, since a recent transfer occasionally can be recalled.
No. There is no licence in force, therefore no segregated-account obligation, no client-money rules, no capital requirement and no compensation scheme. Money sent to PJB is unsecured in every sense, and there is no supervisor with jurisdiction to pursue on your behalf.
The brand has been associated with the market for several years and its domain was first registered in March 2014, but WIKILIX could not confirm a founding date against any corporate record. Age is not a safety signal here in any case: the relevant fact is that the firm's permissions were withdrawn and its public operation has since ceased.
There is no way to find out, and in practice no way to open an account at all. PJB publishes no restricted-countries list, no terms of business, no eligibility clause and no working registration form. WIKILIX makes no claim about which jurisdictions the firm would or would not accept, because it publishes nothing on the subject.
Only a demo account is identified. The firm publishes no live account tiers, no spread or commission schedule and no account comparison of any kind. A broker that will not put its own commercial terms in writing before you deposit should not be given money.
Bank wire transfer is the only channel WIKILIX identified, in both directions. No fee schedule, no minimum or maximum amounts and no stated processing time are published. A single non-reversible funding channel with no published withdrawal terms and no regulator behind it is the weakest possible position for a client to be in.
Access was through the SMART-TRADER commodity dealing platform. PJB does not offer MetaTrader 4 or MetaTrader 5, which is unusual for a retail forex offering and limits your ability to use standard tools, expert advisors or third-party trade records.
Maximum leverage of 1:200 was advertised. Bear in mind that leverage offered by an unregulated firm carries no accompanying protection: there is no negative-balance guarantee, no margin-close-out rule enforced by a supervisor, and no authority to appeal to if positions are closed against you.
Not disclosed. PJB publishes no minimum deposit figure, and with its website no longer operational there is no current source for one. Any minimum quoted to you directly by a representative cannot be checked against a published term, which is itself a reason for caution.
No. As at this review, pjbindo.com loads but serves an unconfigured content-management default page with no PJB branding, no account pages, no legal documents and no signup form. The English path returns an error and resolves to an entirely unrelated site sharing the same host. There is no functioning client area or trading portal.
WIKILIX rates PJB high risk rather than a confirmed fraud, because the evidence of intent is not conclusive. What is established is serious: the firm's Indonesian permissions have been revoked, it now operates with no supervision, its corporate identity cannot be verified on any official record, and its website has been taken down and replaced with an unconfigured placeholder carrying no branding at all. That combination offers a depositor no recourse whatsoever. Do not send money.
The brand is operated by PT Pialang Jepang Berjangka, an Indonesian company. WIKILIX was unable to confirm the company on an official registry: the Indonesian corporate registry did not respond to repeated attempts during this review, and a search of the global Legal Entity Identifier database returned no record for the name. No registration number, incorporation date, registered address or named officer is available, and the broker itself no longer publishes any of these.
No. WIKILIX could not confirm any current forex or derivatives licence held by PT Pialang Jepang Berjangka. The Indonesian retail forex permission and the Indonesian derivatives trading permission previously associated with the firm are both recorded as revoked, and no licence number, certificate or replacement authorisation could be located for any authority. Treat PJB as an unregulated operator.





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