#1
Dupoin
RegulatedUnited KingdomEst. 2020FCA
Regulation
License
Spread
52.5Score
Twenty-seven brokers in the WIKILIX records hold a membership licence from the Jakarta Futures Exchange, and this page lists every one of them, ordered by overall score. Because a JFX seat is exchange membership rather than a conduct rating, the scores run low and close together: Dupoin leads on 51.8, the median sits at 27.3, and International Business Futures closes the list on 19.8. Twenty-five of the twenty-seven also hold a BAPPEBTI registration, and five carry a status warning worth reading before anything else.
The Jakarta Futures Exchange opened in 1999 and is the oldest futures market in Indonesia, home to gold, coffee and other commodity contracts. A broker cannot offer those products to Indonesian clients without both a seat on the exchange and a licence from BAPPEBTI, the commodity futures agency that answers to the Ministry of Trade. WIKILIX records JFX as a tier-3 authority with offshore standing: genuine oversight of how a member behaves on the exchange, but not the ring-fenced client money and compensation cover that a tier-1 body such as the UK Financial Conduct Authority requires. Only Dupoin pairs its JFX seat with an FCA licence, which is why it sits at the head of the table.
What a JFX seat clears a broker to do
A seat means the broker may route client orders into the exchange and is answerable to it for how those orders are handled. That standing is checked against conduct on the exchange and registration with BAPPEBTI. It says nothing about how tightly your deposit is separated from company money, or whether anyone would repay you if the firm collapsed. Nissan Securities, a Japanese member that opened in 1948 and caps leverage at 1:1, shows the seat is not only an Indonesian retail badge. MRG Mega Berjangka has traded since 1998 and holds JFX, BAPPEBTI and ICDX seats together.
| Broker | Score | Opened | Licences held | Max leverage |
|---|---|---|---|---|
| Dupoin | 51.8 | 2020 | FCA, BAPPEBTI, JFX | 1:1000 |
| JFX Corporation | 38.5 | 2007 | CySEC, JFX | 1:25 |
| ORBI TRADE BERJANGKA | 34.3 | 2022 | BAPPEBTI, JFX, FSA | 1:100 |
| 18FX | 33.5 | 2003 | BAPPEBTI, JFX, ICDX | 1:400 |
| esaFX | 32.1 | n/a | BAPPEBTI, JFX | 1:500 |
| Langit Indonesia Berjangka | 30.4 | 2024 | BAPPEBTI, JFX | 1:100 |
| Mentari Mulia | 30.4 | 2018 | BAPPEBTI, JFX | 1:100 |
| CFForex | 30.4 | 2003 | BAPPEBTI, JFX | 1:200 |
How the twenty-seven break down
- By status: 22 carry a clean regulation label. The other five are flagged: 18FX and Genesis as suspicious clones, esaFX and Sentratama Investor as offshore, and Premier Equity Futures as unregulated.
- By age: 13 opened before 2010. The oldest Indonesian member, MRG Mega Berjangka, dates to 1998, and two firms carry no recorded opening date at all.
- By licences held: 26 of the 27 hold at least one authority beyond JFX, almost always BAPPEBTI. Nissan Securities is the only member on the list holding JFX on its own.
- By leverage: offers run from 1:1 at Nissan Securities to 1:1000 at Dupoin and Genesis, with seven members quoting 1:400 or higher and three recording no leverage figure.
What this list will not tell you
It does not record which nationalities each broker accepts, so a seat here is not a sign that a firm will take you on from where you live. It holds no spread or execution figures, so nothing on the page ranks trading cost. And membership is not a clean bill of health: 18FX and Genesis both hold three Indonesian licences and still carry a suspicious-clone warning, which is exactly why the status label matters more than the number of seats a broker collects.
Before you open an account with a JFX member
- Confirm the firm still holds a live seat on the exchange's own member roster before you deposit.
- Match the BAPPEBTI licence number on the account documents against the agency's public register, not just the broker's own site.
- Check which legal entity you actually sign with. Dupoin books to a UK address and Nissan Securities to a Japanese one, so an Indonesian seat can sit behind a very different contracting company.
- Read the status label first on the five flagged members before you weigh anything else about them.
25brokers on this list
Researched & ranked by the Wikilix team
- #2
JFX Corporation
RegulatedJapanEst. 2007CySEC
RegulationLicenseSpread40.4Score - #3
PT Esandar Arthamas Berjangka
OffshoreIndonesiaBAPPEBTIRegulationLicenseSpread35.0Score - #4
PT. ORBI TRADE BERJANGKA
RegulatedIndonesiaEst. 2022BAPPEBTI
RegulationLicenseSpread34.3Score - #5
PT Esandar Arthamas Berjangka
RegulatedIndonesiaEst. 2004BAPPEBTIRegulationLicenseSpread32.7Score - #6
PT. MRG Mega Berjangka
RegulatedIndonesiaEst. 1998BAPPEBTIRegulationLicenseSpread31.1Score - #7
PT. Century Investment Futures
RegulatedIndonesiaEst. 2004BAPPEBTIRegulationLicenseSpread31.1Score - #8
PT Valbury Asia Futures
RegulatedIndonesiaBAPPEBTIRegulationLicenseSpread30.8Score - #9
PT. IDFX Futures Internasional
RegulatedIndonesiaEst. 2024BAPPEBTIRegulationLicenseSpread30.6Score - #10
PT Panen Kapital Berjangka
OffshoreIndonesiaBAPPEBTIRegulationLicenseSpread30.6Score - #11
PT Invetra Teknologi Berjangka
RegulatedIndonesiaEst. 2000BAPPEBTIRegulationLicenseSpread30.0Score - #12
PT Quickpro Berjangka Indonesia
OffshoreIndonesiaEst. 2004JFXRegulationLicenseSpread29.9Score
This list follows the membership itself, so a broker that gains or loses a Jakarta Futures Exchange seat joins or drops off as the record changes, and the counts above move with it. What it cannot do is settle whether any single firm is right for you, and the five flagged members sit on the page precisely so that decision stays yours.
If you are weighing an Indonesian futures broker against a more heavily supervised alternative, the FCA regulated brokers and CySEC regulated brokers lists show what a tier-1 and a tier-2 licence require by comparison, while the tier-4 regulated brokers list sits at the opposite end. Whichever you look at, confirm the licence on the regulator's own register, and read the status label before you fund an account.
Frequently Asked Questions
Frequently asked questions
Answers from the Wikilix research team about this ranking.
Most Popular Questions
It spans the full range. Nissan Securities caps at 1:1 and Pluang at 1:4, while Dupoin and Genesis reach 1:1000, and seven members here quote 1:400 or higher. Three firms record no leverage figure at all. Because the ceiling depends on the exact entity you sign with, confirm the figure that applies to your own account rather than the headline number.
It means the broker holds a seat on the Jakarta Futures Exchange and can route client orders into it, answerable to the exchange and to BAPPEBTI for its conduct. WIKILIX classes JFX as a tier-3 authority with offshore standing. It covers exchange-traded commodity and derivatives dealing, not the ring-fenced client money or compensation scheme that a tier-1 regulator such as the FCA enforces.
Yes, five of the twenty-seven do. 18FX and Genesis are flagged as suspicious clones, esaFX and Sentratama Investor as offshore, and Premier Equity Futures as unregulated. A seat on the exchange does not clear those labels, and 18FX carries its warning while holding three Indonesian licences, so read the status before you weigh anything else.
This list cannot answer that. It is built from the licences each broker holds and where the firm is registered, not from which nationalities it accepts, and a JFX seat is aimed at Indonesian clients rather than a global audience. Check each broker's own account terms for who it onboards, and remember that a UK or Japanese address on the record can mean you are contracting with a separate entity.
Nissan Securities, a Japanese member, records an opening date of 1948, far earlier than anything else on the list. Among the Indonesian futures firms the oldest is MRG Mega Berjangka, trading since 1998, followed by Didimax from 1999. In all, 13 of the 27 members opened before 2010, and two carry no recorded opening date.
No. JFX is the exchange a broker holds a seat on, and BAPPEBTI is the government agency that licenses the firm in the first place. The two usually travel together: 25 of the 27 members here hold both. The exceptions are JFX Corporation, which pairs its seat with CySEC, and Nissan Securities, which holds the JFX seat on its own.
Twenty-seven, as of today. The page follows the membership record, so a broker that takes up or gives up a Jakarta Futures Exchange seat appears or drops off without anyone editing the list by hand. Five of the twenty-seven currently carry a status warning, which leaves 22 with a clean regulation label.
Twenty-seven brokers in the WIKILIX records hold a Jakarta Futures Exchange seat, most of them Indonesian futures firms such as MIFX, Didimax and Central Capital Futures. The full ranked list is on this page, led by Dupoin, JFX Corporation and ORBI TRADE BERJANGKA. Twenty-five of the twenty-seven also carry a BAPPEBTI registration, which is the norm for a firm serving Indonesian clients.