Wikilix
SagaFX logo

SagaFX

No Regulation
Indonesia
,
Last Updated:

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
N/A

Official website

sagafx.id

Also on our record

  • sagafx.comBackup
  • cabinet.sagafx.idClient portal
  • berita.sagafx.idRegional
1 more address

Funding Methods

No funding methods available

Trust rating

Fair

50 out of 100 · 61% checked

Our investigation rated it high risk and could not verify it, and it holds a valid BAPPEBTI 19/BAPPEBTI/SP/04/2011 licence.

Capped at 50 · High risk, unverified

Regulation
42Poor
Identity
73Good
Client terms
50Fair
Trading offer
50Fair
Service
51Fair

We checked SagaFX on 2026-10-19 across its regulation, company record, client terms, trading offer and service, and could verify 61% of its record. Its strongest valid licence is BAPPEBTI 19/BAPPEBTI/SP/04/2011. The score was held at 50 because our investigation rated it high risk and could not verify it. Only 61% of the record could be verified, under the 65% a full rating needs, so the score is marked as limited data. What would move the score: licence held by the onboarding entity, policy risk, critical clauses. Our published investigation found it is high risk and could not be verified, with 11.5 years of track record. Its client terms have not been reviewed yet.

Score last calculated 2026/10/19

Regulatory Licenses

Regulatory Licenses:
Tier 3
Indonesia flag
Offshore
BAPPEBTI | Indonesia
Regulatory Licenses:
Tier 3
Indonesia flag
Offshore
JFX | Indonesia

Company Information

Full Name:PT. SagaFX Sentra Berjangka
Founded:N/A
Headquarters:Indonesia
Enterprise Offices:1offices

Customer Support

Phone:
+62 21 31936090
Live Chat:
Not Available
Response Time:
—
Languages:
—
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Is SagaFX a scam?

Wikilix independent safety report

Read the full report
0%Scam risk
High risk (unverified)Confidence: MEDIUM
2.5/5Safety rating 2.5 out of 5

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 · LowIdentity & transparency5/10 · ModerateWithdrawals & conduct3/10 · LowReputation6/10 · HighWebsite claims2/10 · LowOperational history4/10 · Moderate
Editorial review
Updated

Broker Summary

What Wikilix has recorded about SagaFX: its history, the licences it holds, its trading conditions and its fees.

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.

Regulation check
Checked

Regulatory Licenses

Every licence SagaFX has in force is from an offshore regulator. Most carry no compensation scheme — each licence's record says what the issuing regulator actually requires.

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

WIKILIX

Licence intelligence

The strongest of 2 licences on file

Licence Verification Record

Badan Pengawas Perdagangan Berjangka Komodit 19/BAPPEBTI/SP/04/2011

Wikilix read the BAPPEBTI register on Aug 21, 2026. This is what it said.

Jurisdiction
IndonesiaOffshore
Authority strength
Tier 3
Register status
Active on the register against the same licence holder.
Effective
Apr 1, 2011

Checked Aug 21, 2026

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.

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 SagaFX applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Open the BAPPEBTI licence recordAbout BAPPEBTI

Tier 3 and 4 authorities

1 licence
Websites

Global Domains

4 domains on record. 3 active.

4 domains
  • sagafx.comBackupInactive
  • cabinet.sagafx.idClient portalActiveHTTPS
  • berita.sagafx.idRegionalActiveHTTPS
  • www.kvb.co.idActiveHTTPS
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 SagaFX brand.

1 entity
  • PT. SagaFX Sentra BerjangkaActiveIndonesiaIndonesian legal entity named as the operator of the SagaFX brand. Registration number and status could not be confirmed on an official register.
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

The operating company is PT. SagaFX Sentra Berjangka, recorded on the regulator's register as a former name of PT KVB Futures Indonesia. Registered in Indonesia.

Confirmed on licence register
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.
Frequently Asked Questions

Frequently Asked Questions

Common questions about SagaFX

Most Popular Questions

Yes. A live website of its own that publishes a licence number we can tie to a supervisory record, an official registry entry for PT. SagaFX Sentra Berjangka, and disclosed trading and withdrawal terms would each move the assessment materially. Until then it stays high risk and unverified.

Stop sending further money. Request a full withdrawal in writing, keep every statement, transfer receipt and message, and if the request is not honoured escalate to Indonesian consumer-protection and financial-authority complaint channels and to your payment provider, where a chargeback or recall may still be possible depending on how you funded the account.

There is no evidence of any client-money protection. Segregation of client funds and access to a compensation scheme both depend on a supervisory licence, and no licence could be confirmed here. Assume deposits are unprotected.

The brand appears to have been trading for several years, but WIKILIX could not confirm a founding date against either the operator's own publications or a company registry, and the age indications available to us are inconsistent with one another. No established year is therefore recorded.

WIKILIX could not read any country-restriction policy for this operator, because none of the pages that would carry one could be loaded. That means no jurisdiction is recorded as accepted and none as blocked. The absence of a recorded block is not acceptance, and in practical terms there is no live onboarding to accept anyone anywhere.

The channels on record are a Jakarta telephone number, +62 21 31936090, a support email address at support@sagafx.com (note that the domain behind that address is now parked, so delivery is doubtful), and a single social media profile. No live chat and no support portal could be confirmed.

Unknown, and not something WIKILIX would estimate. With no live website and no published withdrawal terms, there is no basis for a processing-time expectation at all, and that absence is itself the material risk.

No deposit or withdrawal channel, fee, limit or processing time could be confirmed, and there is no reachable client area through which to initiate either. Anyone who believes they hold a balance should contact the operator on its published Jakarta telephone number and keep written records of every request.

No platform, server name or download link could be confirmed from a page WIKILIX opened, so none is recorded. Prospective clients should treat any platform claim they encounter elsewhere as unverified until the operator publishes it on a live site of its own.

Not disclosed in any source WIKILIX could read. No maximum leverage is recorded on this profile.

Not disclosed in any source WIKILIX could read. Because the operator's own site is unreachable, no minimum deposit figure is recorded on this profile rather than an unverified number being published.

WIKILIX has not established deliberate fraud, so we do not label it a confirmed scam. What we can say is that it is a high-risk, unverified operator: no confirmable licence, no live website, no published trading terms and no registry-verified company record. That combination is not a safe place to send money, whatever the original intent behind the business.

No. The brand's domain no longer resolves in the public DNS, so no page of it can be loaded by any client. The separate domain that matches the operator's published support email address serves only a parking page advertising the domain for sale. There is no reachable client portal or online account-opening form.

The named operating entity is PT. SagaFX Sentra Berjangka, an Indonesian company associated with an office at Pusat Bisnis Tamrin City, LT.6 No.608 AD, Jl. Thamrin Boulevard, Jakarta Pusat 10230. WIKILIX could not reach an official Indonesian registry record for that entity during this research, so its company number, incorporation date and current standing are unconfirmed.

No licence that WIKILIX could confirm to exist and be in force is attached to this operator. A retail forex permission from Indonesia's commodity futures authority is claimed for the brand, but no licence number, issue date, expiry date or supervisory record supporting it could be established, and the operator itself publishes nothing that verifies it. On the available evidence SagaFX should be treated as unregulated.

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