ORBI TRADE BERJANGKA
PT. ORBI TRADE BERJANGKA34.3Regulated
IndonesiaEst. 2022BAPPEBTI
1:1001 Platform3 licences
Is SagaFX a scam?
Wikilix independent safety report
0%Scam riskScam risk is our overall estimate that this broker is unsafe, from 0% (safe) to 100% (almost certainly a scam). It blends the six risk areas below, weighted by how strong the evidence is. Higher means riskier.
High risk (unverified)Our overall call, based on the evidence we could verify. From safest to worst: Appears legitimate, Insufficient evidence, High risk (unverified), Likely scam, Confirmed scam. A separate "Not a broker" verdict is used when it does not really offer trading.Confidence: MEDIUMHow sure we are of this verdict, based on how much solid, checkable evidence we found. Shown as Low, Medium or High.
2.5/5Safety rating 2.5 out of 5
The Wikilix safety rating, from 1 to 5 stars. It mirrors the scam risk (5 = safest, 1 = riskiest), so a higher risk percentage means fewer stars.No. We found no evidence that SagaFX stole client money, and the company behind it holds a genuine Indonesian futures licence that we confirmed on the regulator's own register. The reason we publish…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation3/10 · LowIs it overseen by a strict, well-known financial regulator? Offshore-only or missing licences score higher.Scored 0 (clean) to 10 (worst). This area is 3/10 (Low).Identity & transparency5/10 · ModerateHow openly it shows who and where it is (legal entity, address, owners). Hidden details score higher.Scored 0 (clean) to 10 (worst). This area is 5/10 (Moderate).Withdrawals & conduct3/10 · LowCredible reports of clients being unable to withdraw their money. More such reports score higher.Scored 0 (clean) to 10 (worst). This area is 3/10 (Low).Reputation6/10 · HighWhat independent reviews, regulators and watchdogs say about it. A poor track record scores higher.Scored 0 (clean) to 10 (worst). This area is 6/10 (High).Website claims2/10 · LowWhether the site claims (awards, years active, licences) actually check out. False claims score higher.Scored 0 (clean) to 10 (worst). This area is 2/10 (Low).Operational history4/10 · ModerateHow long and how consistently it has genuinely operated. Brand-new or murky history scores higher.Scored 0 (clean) to 10 (worst). This area is 4/10 (Moderate).
Broker Summary
Summary of the broker
SagaFX is a retail forex and CFD brand associated with the Indonesian company PT. SagaFX Sentra Berjangka, listed at Pusat Bisnis Tamrin City, LT.6 No.608 AD, Jl. Thamrin Boulevard, Jakarta Pusat 10230. The brand was aimed at Indonesian residents rather than an international audience.
Regulation. WIKILIX found no forex licence that can be confirmed to exist and be in force for this operator. A claim circulates that the company holds a retail forex permission from Indonesia's commodity futures authority, but no licence number, issue date or supervisory record supporting it could be established during this research, and the operator publishes nothing that verifies it. On the evidence available, SagaFX must be treated as an unregulated operator.
Corporate identity. The named entity is a real Indonesian PT company name with a specific Jakarta office address, and a company profile consistent with a locally focused futures brokerage. However, WIKILIX was unable to open an official registry record for the entity, so its registration number, incorporation date and current standing remain unconfirmed.
Offering, platforms and funding. SagaFX does not currently publish trading conditions, account tiers, platform downloads or funding channels that WIKILIX could read. No spread, leverage, minimum deposit, deposit method or withdrawal term is therefore recorded on this profile. Nothing here should be read as a statement that the broker offers, or does not offer, any particular condition.
Website status. The brand's domain no longer resolves in the public DNS, and the domain matching its published support email address is parked and advertised for sale. There is no reachable client portal, no online onboarding and no published contact page beyond a single Jakarta telephone number, one support email address and one social media profile.
Who it suits. Nobody, on the current evidence. A broker with no verifiable licence, no live website and no disclosed commercial terms cannot be assessed as a place to hold money, and existing clients who believe they still have funds or open positions should pursue them through the published telephone number and, if that fails, through Indonesian consumer and financial-authority complaint channels.
Caveats. This profile reflects what could be established at the time of research. Because the operator's own website could not be reached, several sections are deliberately empty rather than filled with unverified figures. If the operator restores a live site and publishes verifiable licensing, this assessment should be revisited.
Regulatory Licenses
Compliance & oversight
2 licenses
JFXTier 3
Jakarta Futures ExchangeIndonesiaTier 3Membership of the Jakarta Futures Exchange. This is exchange membership, not a licence to operate a brokerage, though an Indonesian broker needs it to clear trades. It is also the approval that was reported frozen in January 2014 when the licence holder traded under its original name. Client protection: Gives access to exchange and clearing infrastructure and exposes the broker to exchange discipline. It confers no separate protection over client funds..
Offshore
JFXTier 3Tier 3
Jakarta Futures Exchange
Indonesia
Membership of the Jakarta Futures Exchange. This is exchange membership, not a licence to operate a brokerage, though an Indonesian broker needs it to clear trades. It is also the approval that was reported frozen in January 2014 when the licence holder traded under its original name. Client protection: Gives access to exchange and clearing infrastructure and exposes the broker to exchange discipline. It confers no separate protection over client funds..
Offshore
License Details
Type:N/A
License #:SPAB-147/BBJ/10/05
Status:Offshore
Validity
Effective:N/A
Expires:N/A
Verified on registerExchange membership stated by the company. We did not open the exchange's own member list, so this is not register confirmed.
What our check found
Membership of the Jakarta Futures Exchange. This is exchange membership, not a licence to operate a brokerage, though an Indonesian broker needs it to clear trades. It is also the approval that was reported frozen in January 2014 when the licence holder traded under its original name. Client protection: Gives access to exchange and clearing infrastructure and exposes the broker to exchange discipline. It confers no separate protection over client funds..
Last checked Aug 21, 2026
BAPPEBTITier 3
Badan Pengawas Perdagangan Berjangka Komodit IndonesiaTier 3The separate BAPPEBTI approval that permits a licensed Indonesian futures broker to run margined alternative trading system business, which is what retail forex trading in Indonesia sits under. Client protection: Same domestic framework as the business licence: segregated client money at an Indonesian bank, regulator oversight, no compensation fund.. Effective: Apr 2011.
Offshore
BAPPEBTITier 3Tier 3
Badan Pengawas Perdagangan Berjangka Komodit
Indonesia
The separate BAPPEBTI approval that permits a licensed Indonesian futures broker to run margined alternative trading system business, which is what retail forex trading in Indonesia sits under. Client protection: Same domestic framework as the business licence: segregated client money at an Indonesian bank, regulator oversight, no compensation fund.. Effective: Apr 2011.
Offshore
License Details
Type:N/A
License #:19/BAPPEBTI/SP/04/2011
Status:Offshore
Validity
Effective:Apr 1, 2011
Expires:N/A
Verified on registerActive on the register against the same licence holder.
What our check found
The separate BAPPEBTI approval that permits a licensed Indonesian futures broker to run margined alternative trading system business, which is what retail forex trading in Indonesia sits under. Client protection: Same domestic framework as the business licence: segregated client money at an Indonesian bank, regulator oversight, no compensation fund.. Effective: Apr 2011.
Last checked Aug 21, 2026
0
Tier 1
1
Countries
2
Offshore
Account Types
Trading account options
No Account Types
Account type information is not available for this broker yet.
Funding Methods
Deposit & withdrawal options
No Funding Methods
Funding method information is not available for this broker yet.
Social Presence
Digital community engagement
3 platform
Corporate Network
Enterprise structure & relationships
1 entities
PT. SagaFX Sentra Berjangka
Indonesia
active
Registration
N/A
Established
N/A
Company Registration
Legal entity checked against the official company registry
Legal entity
PT. SagaFX Sentra Berjangka, recorded on the regulator's register as a former name of PT KVB Futures Indonesia
Jurisdiction
Indonesia
Registry
BAPPEBTI register of licensed Indonesian futures brokers
Registered address
Pusat Bisnis Thamrin City, Lt.6 No.608 AD, Jl. Thamrin Boulevard, Jakarta Pusat 10230 (brand era). Register now shows Menara Sun Life Lantai 21 Unit G, Jl. DR. Ide Anak Agung Gde Agung Blok 6.3, Mega Kuningan, Jakarta Selatan 12950.
From our latest investigation · Verified Aug 21, 2026
View on official registry
Comments
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