TradingView
TradingView is a web-based charting and trading platform offering advanced analytics, social trading, and integration with multiple brokers for seamless trading.
Runs on
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- Mac
- Web
- Android
- iOS
- API
Details
Editorial review
Broker Summary
What Wikilix has recorded about PT SGB: its history, the licences it holds, its trading conditions and its fees.
PT Solid Gold Berjangka (PT SGB), an Indonesian futures brokerage, operates in the commodities and derivatives trading sector. The company offers retail access to a broad array of futures products. It primarily positions itself as a brokerage for Indonesian traders seeking to trade a diverse range of commodities and derivatives.
To our knowledge, PT Solid Gold Berjangka has operated since 2002 and is licensed by BAPPEBTI, the regulator of Indonesia’s Commodity Futures Trading Industry. PT SGB is also associated with the country's futures exchange and clearing providers.
This review of PT Solid Gold Berjangka is based on publicly available, disclosed, and replicated factual information. In the following sections, we examine regulatory information, the type of trading products they provide access to, and the level of transparency in overall trade execution.
Company Profile
PT Solid Gold Berjangka was formed as a brokerage in the Indonesian commodity futures market in 2002 and has operational offices in other cities in Indonesia, including Jakarta, Semarang, and Makassar.
The focus of PT SGB is primarily on futures and derivatives, rather than on international retail forex brokerage services provided by offshore CFDbrokers. The broker and the services it provides appear to cater primarily to Indonesian-based traders interested in trading commodity futures and bilateral derivative contracts.
PT SGB claims to be a member of numerous financial and futures associations in Indonesia, including the Jakarta Futures Exchange (JFX), the Indonesian Clearing House (KBI), and ASPEBTINDO.O.
Regulatory/ Licensing
Identifying the regulator of a trading broker is critical to any brokerage evaluation. Based on multiple public sources, PT Solid Gold Berjangka is licensed or registered with BAPPEBTI (Indonesia’s Regulatory Agency for Commodity Futures Trading) and has a previous association with BAPPEBTI license number 161/BAPPEBTI/SI/IX/2002.
BAPPEBTI is the official regulator for the commodity futures trading and derivatives market in Indonesia. PT SGB also states affiliations with Indonesian exchange and clearing agencies. Individual traders should always verify the accuracy of all licensing claims in the official licensing database of the applicable country.y.
Trading Products and Services
It appears, based on multiple public sources, that PT Solid Gold Berjangka provides retail access to multiple commodity and derivative products.s.These products are both multilateral and bilateral.e. Products listed on JFX or other multilateral commodities listed by PT SGB include:
Multilateral Products (JFX)
• Gold Futures (GOL)
• 250 Gram Gold Futures (GOL250)
• Olein Futures (OLE)
Bilateral Products (SPA or IPT)
• HKK50 / HKK5U
• JPK50 / JPK5U
• XUL10 / XULF Compared to other international brokers that offer global CFD trading, PT SGB appears to offer only products from the Indonesian futures market.t.
Trading Platforms and Technology
PT SGB appears to provide full and complete information about its platform; however, this information has not been publicly available. However, the PT SGB website mentions TradingView-integrated charting.e. Therefore, it is assumed that traders will have access to various analytical and market charting tools via the stated integration of their platform with TradingView.
At the current time, publicly verified information is not available regarding:
• Trading platforms supported by the broker• Mobile trading apps, if any, and if so, running on either Android or Apple platforms?s?
• Execution Model
• Order Routing Technology
• Trade Execution Statistics. Potential clients are encouraged to check with PT SGB regarding its trading platform before trading with the broker.r.
Fees and Trading Conditions
Public information regarding PT SGB’s trading conditions remains relatively limited compared with larger international brokers.
Some publicly referenced sources mention the following examples:
Fee Type | Publicly Referenced Information |
|---|---|
Basic Handling Fee | Approximately $15 per side |
VAT | Additional tax charges may apply |
Overnight Fees | Applied to certain derivative contracts |
Spreads | Limited publicly verified data |
Minimum Deposit | Not clearly disclosed publicly |
Some unofficial sources also mention leverage figures and account structures, but these details could not be independently verified through official company disclosures. Therefore, traders should treat such information cautiously and confirm all trading conditions directly with PT SGB before opening an account.
Transparency and Risk Considerations
A key factor to consider is that PT SGB has a relatively low international profile compared to larger global forex and CFD brokerage firms. Areas with limited publicly available information include:
• Types of accounts offered in detail
• Fees charged by the broker
• Specifications of the trading platform used
• Details on investor protection policies
• Procedures for segregated accounts
• Details on negative balance protection
The broker's website provides basic information about the company and its regulatory status; however, overall transparency is lower than that of many larger brokers.
Given these transparency issues, as with any brokerage, it is recommended that traders conduct independent research to verify the appropriate licensing information, thoroughly review any legal documentation, and test the responsiveness of customer support before depositing funds.
Concluding Remarks
PT Solid Gold Berjangka (or "SGB") is an Indonesian Futures Brokerage that has been operating under the supervision of BAPPEBTI and is involved in the Commodity Futures trading and clearing industry in Indonesia.
Publicly available statements from the company indicate that it has been in business since 2002 and has several trading relationships with various Indonesian exchanges and clearing companies. These credentials help clarify the company's role in the Indonesian markets.
Although the company discloses some regulatory and corporate information, several key aspects of trading activity remain less transparent than at larger international brokers—especially regarding trading conditions, trading platforms, and fee disclosures.
Traders considering PT SGB or another brokerage should independently verify the firm's regulatory claims and thoroughly review service quality, fees, and risk disclosures before opening an account.
Regulation check
Regulatory Licenses
Every licence PT SGB 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
- Licences on record
- 1
- Confirmed on register
- 0
- Tier 1 or 2
- 0
- Offshore
- 1
How far our check got
- 1 not yet checked
BAPPEBTITier 3OffshoreIndonesiaRetail Forex LicenseNo. 161/Bappebti/si/ix/2002
What the register says
- Licence number
- 161/Bappebti/si/ix/2002
- 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 SGB applies them, or about which of its companies would hold your account.
Open the full licence recordAbout 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
Deposits & withdrawals
Funding Methods
3 ways to fund an account. 2 credit instantly.
3 methods
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
Bank TransferBank TransferClients must notify PT SGB of deposit by sending transfer receipt via fax or email. Withdrawals subject to 0.3% fee. Withdrawal processing time standard T+3 days, aiming for T+1 day. | Not recorded | 0.3% | Not recorded | Not recordedNot recorded | 3 days |
Credit CardCredit CardSpecific supported card types and processing times not provided. Withdrawals subject to 0.3% fee. | Not recorded | 0.3% | Not recorded | Not recordedNot recorded | Instant |
E-WalletE-WalletSpecific e-wallet providers and processing times not provided. Withdrawals subject to 0.3% fee. | Not recorded | 0.3% | Not recorded | Not recordedNot recorded | Instant |
Trading software
Trading Platforms
One trading platform on record: TradingView.
1 platform
Websites
Global Domains
One domain on record. All active and served over HTTPS.
1 domain
Legal entities
Corporate Network
One legal entity behind the PT SGB brand.
1 entity
- PT Solid Gold BerjangkaActiveIndonesia
Comments
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