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PT. MEGA MENARA MAS BERJANGKA logo

PT. MEGA MENARA MAS BERJANGKA

Offshore
Indonesia
,
Since 2006
Last Updated:
28/100
Overall Score

Trading Conditions

Min Deposit:
USD500
Max Leverage:
100
Account Types
StandardPremium

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

3 methods

Bank Transfer

bank transfer
3 days
Fee:
Free
Fee:
$25

Credit Card

credit card
Instant
Fee:
Free
Fee:
Free

Paymt2

other
hours
Fee:
Free
Fee:
2.0%

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 32%, 3: Software 50%, 4: Spread 0%, 5: Account Type 24%, 6: Symbol 0%
Regulation
4%Poor
License
32%Poor
Software
50%Fair
Spread
0%Poor
Account Type
24%Poor
Symbol
0%Poor

Company Information

Full Name:PT. MEGA MENARA MAS BERJANGKA
Founded:2006
Headquarters:Indonesia
Enterprise Offices:1offices

Customer Support

Phone:
+62 21 – 5762612
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about PT. MEGA MENARA MAS BERJANGKA: its history, the licences it holds, its trading conditions and its fees.

PT. Mega Menara Mas Berjangka: Overview of the Brokerage Firm

Brokerage PT. Mega Menara Mas Berjangka, located in Indonesia, is providing financial services through an online brokerage platform to guide both new and experienced Traders into accessing a variety of Global Markets. The documented information does provide only limited insight into PT. Mega Menara Mas Berjangka's internal operations; however, it seems likely that this firm provides each Trader with a unique opportunity for a diversified Market experience through both methods of Trading: forex, ncf, commodities and/or possibly cfc.

To make an informed decision on whether or not you wish to partner with PT. Mega Menara Mas Berjangka, you may want to become familiar with this Brokerage Firm and the manner in which it conducts its Business, operates within the regulatory framework, has Trading opportunities, and links to Trading Conditions & Platforms and Anticipated Fees/Commissions.

Company History & Background

Limited public knowledge surrounding the history and development of PT. Mega Menara Mas Berjangka may affect a potential Client's evaluation based upon the volume of Corporate activity in this Sector. Therefore, if you are considering becoming a Customer of PT. Mega Menara Mas Berjangka, we recommend that you reach out directly via telephone or email to gain the most accurate Historical Data.

Typical Features Of This Group Of Brokers

Currently, the information that is disclosed publicly regarding PT. Mega Menara Mas Berjangka does not include the comprehensive list of Trading Tools available but does reference the standard features Expected from the Broker including:

Forex, Commodities, Indices, and Possibly CDFs

Typical features of such a Brokerage Firm would include 'real-time' Data and other tools available to assist a Trader, and Customer Service is typical of most Brokerages. If you have the desire to Partner with PT. Mega Menara Mas Berjangka then again we would recommend reaching out directly to verify and confirm all features mentioned above.

Regulatory Compliance

The Regulatory Compliance of a Brokerage is important when selecting a Brokerage from which to Trade through. At this time, there is limited verified information publicly available related to PT. Mega Menara Mas Berjangka's Licensing Status or Supervisory Authority's; therefore all Clients should request proof of any Licenses on file before funding their account with PT. Mega Menara Mas Berjangka (See section 1: Regulatory Compliance)

Regulator Licence Number Regulatory Status

Limited information available Limited information available Limited information available

The Trading Conditions And Platforms

As there is limited documented information available on certain Key Trading Parameters (for example, Leverage, Spreads, and Minimum Deposit Requirements), we believe it is essential to clarify these before Open Account with PT. Mega Menara Mas Berjangka. We will attempt to provide some basic Trading Conditions listed below; however, we recommend that you contact PT. Mega Menara Mas Berjangka directly to verify and clarify the specific Trading Conditions:

Trading Condition Details

Spreads Limited information available

Leverage Limited information available

Minimum Deposit Limited information available

Trading Platforms Limited information available

The Fees And Commissions Charged

Having a transparent Fee structure when selecting a Brokerage is important to a Trader in establishing his/her Trading objectives. At this time there is no detailed publicly available information associated with PT. Mega Menara Mas Berjangka's Trading Commissions, Deposit/Withdrawal Fees, or any other fees charged; therefore, we recommend that you contact PT. Mega Menara Mas Berjangka directly to provide you with accurate Fee outlines.

Fee Type Details

Deposit Fees Limited information available

Withdrawal Fees Limited information available

Commission Limited information available

User Experience And Reputation

Because there is little publicly available information regarding feedback on User satisfaction, we feel that it would be beneficial for you to seek opinions from other Traders in your Trading Community and also contact existing Clients of PT. Mega Menara Mas Berjangka whenever possible.

Recent Developments

At this time, There are no Significant Updates or Announcements made Publicly available within PT. Mega Menara Mas Berjangka for their Clients. Therefore, we recommend that all Traders continue to Monitor PT. Mega Menara Mas Berjangka through Financial News Sources and PT. Mega Menara Mas Berjangka's Corporate Website.

Final Thoughts

While PT. Mega Menara Mas Berjangka does operate as a Broker within the Financial Brokerage industry, their lack of Public Transparency makes it challenging to determine the overall strength of this Broker's Operating Model, what Trading Conditions clients should expect, and the feedback provided by Clients. Therefore, if you are considering partnering with PT. Mega Menara Mas Berjangka you will want to consider the following:

Document all Regulatory Documentation you receive from PT. Mega Menara Mas Berjangka before making an Initial Deposit

Clarify all Fees and Trading Conditions before making an Initial Deposit

Do your own independent research to access information regarding current User Feedback on PT. Mega Menara Mas Berjangka

In conclusion, we would recommend that at the time you are ready to Partner with PT. Mega Menara Mas Berjangka, you consider the following important considerations related to the Transparency, Regulatory Compliance, and Communications, which all play a significant role in how well a Broker operates and establishes a confidence level in Trading decisions. By clarifying and verifying your information directly from the Front Office at PT. Mega Menara Mas Berjangka, you will have more knowledge and confidence in your Trading Decisions.

Regulation check

Regulatory Licenses

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

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

How far our check got

  • 1 not yet checked
  • BAPPEBTITier 3OffshoreIndonesiaRetail Forex LicenseNo. 1092/BAPPEBTI/SI/1/2007

    What the register says

    Licence number
    1092/BAPPEBTI/SI/1/2007
    Type
    Retail Forex License

    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 PT. MEGA MENARA MAS BERJANGKA 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
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 500. Leverage up to 1:100.

2 account types
AccountMin DepositLeverageCommission
StandardUSD 5001:100$5 per 0.1 lot
PremiumVIPUSD 5,0001:100$50 per lot
Account names and conditions as published by PT. MEGA MENARA MAS BERJANGKA, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

3 ways to fund an account. One credits instantly.

3 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferBank TransferDeposits must be made through the platform's official deposit channel. Do not use non-official deposit links or third-party accounts. Deposits are accepted only from accounts in the client's name.Not recordedUSD 25Not recordedNot recordedNot recorded3 days
Credit CardCredit CardDeposits must be made through the platform's official deposit channel. Do not use non-official deposit links or third-party accounts. Deposits are accepted only from cards in the client's name.Not recordedNot recordedNot recordedNot recordedNot recordedInstant
Paymt2OtherSpecific details about Paymt2 are not available.Not recorded2%Not recordedNot recordedNot recordedhour
Fees, limits and processing times as published by PT. MEGA MENARA MAS BERJANGKA, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: Meta Trader 5.

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

Global Domains

One domain on record. One active.

1 domain
  • www.megamenaramas.co.idMain siteActive
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

3 official channels on record.

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

Corporate Network

One legal entity behind the PT. MEGA MENARA MAS BERJANGKA brand.

1 entity
  • PT Mega Menara Mas BerjangkaActiveIndonesia
Entities named in the broker's own documents and company registers, recorded by Wikilix.

Comments

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