Wikilix
TRFX Garuda Berjangka logo

TRFX Garuda Berjangka

No Regulation
Indonesia
,
Last Updated:
30/100
Overall Score

Trading Conditions

Min Deposit:
USD100
Max Leverage:
500
Account Types
ECN AccountNo Swap AccountMiniVIP

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

6 methods

VISA

credit card
days
Fee:
Free
Fee:
Free

Mastercard

credit card
days
Fee:
Free
Fee:
Free

Bank Wire Transfer

wire transfer
days
Fee:
Free
Fee:
Free

UnionPay

credit card
days
Fee:
Free
Fee:
Free

Skrill

e wallet
days
Fee:
Free
Fee:
Free

Neteller

e wallet
days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 17%, 2: License 0%, 3: Software 50%, 4: Spread 0%, 5: Account Type 22%, 6: Symbol 0%
Regulation
17%Poor
License
0%Poor
Software
50%Fair
Spread
0%Poor
Account Type
22%Poor
Symbol
0%Poor

Company Information

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

Customer Support

Phone:
+62 21-50217217
Live Chat:
Not Available
Response Time:
Languages:
IndonesianEnglish
Scroll Down

Broker Summary

Summary of the broker

TRFX Garuda Berjangka is a brand associated with PT. TRFX Garuda Berjangka, an Indonesian limited-liability company listed at the SOHO Capital Office Building, Lantai 16, Unit 1607-1609, Jl. Letjen S. Parman Kav. 28, Grogol Petamburan, Jakarta Barat 11470. The single contact number on record is +62 21-50217217. Its primary domain, garudaberjangka.com, has been registered since December 2012, but at the time of this review it serves nothing more than a blank hosting default page reading "Website is ready to be launched". There is no homepage, no client area, no legal documents and no signup form.

Regulation. WIKILIX found no forex or futures licence that could be confirmed to exist and be in force for this operator. The brand has historically been presented as supervised by Indonesia's Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI), but no licence number, certificate or scope could be established for it this run, and the operator publishes no regulation page of its own because it publishes no website at all. We were also unable to confirm the company on an official Indonesian corporate register, which in Indonesia is not openly searchable. Treat the operator as unregulated until it publishes a licence that can be checked.

Offering. The offering on record is a MetaTrader 4 forex and CFD service with two live tiers, a Mini account for smaller balances and a VIP account for larger ones, alongside demo, swap-free, segregated and managed accounts. The figures on record are a minimum deposit of USD 100, leverage up to 1:500 and spreads from 1.0 pip, with STP-style execution. Funding is quoted through Visa, Mastercard, bank wire transfer, Neteller, Skrill and UnionPay, in USD, EUR and GBP. None of that is currently verifiable against a live site, and no fee schedule, limit or processing time is published anywhere we could read.

Who it suits. Nobody, at present. A broker with no working website cannot be onboarded, funded, traded or withdrawn from, and there is no published route to support beyond a single telephone line. The honest caveats are severe: no confirmable licence, no reachable client-facing site, no verifiable corporate registration, and no published terms setting out who may open an account or how disputes are handled. Anyone holding a balance with this operator should attempt withdrawal and document every request; anyone considering a deposit should choose a broker whose licence and platform can both be checked today.

Regulatory Licenses

Compliance & oversight

3 licenses
Indonesia
JFXTier 3
Jakarta Futures Exchange
Jakarta Futures Exchange
Indonesia
Tier 3

Membership of the Jakarta Futures Exchange. Indonesian futures brokers are required to be exchange members, so this is a genuine part of the regulatory structure, but membership is not itself a licence to take client money. Client protection: Provides exchange level trade reporting and dispute channels. It adds nothing on its own without the Bappebti licence..

Indonesia#SPAB-084/BBJ/09/04
License Details
Type:N/A
License #:SPAB-084/BBJ/09/04
Status:Offshore
Validity
Effective:N/A
Expires:N/A
Verified on registerMembership, not a standalone trading licence
What our check found

Membership of the Jakarta Futures Exchange. Indonesian futures brokers are required to be exchange members, so this is a genuine part of the regulatory structure, but membership is not itself a licence to take client money. Client protection: Provides exchange level trade reporting and dispute channels. It adds nothing on its own without the Bappebti licence..

Last checked Aug 22, 2026
Indonesia
BAPPEBTITier 3
Badan Pengawas Perdagangan Berjangka Komodit
Badan Pengawas Perdagangan Berjangka Komodit
Indonesia
Tier 3

The alternative trading system permit (Izin SPA, Sistem Perdagangan Alternatif). This is the separate approval a licensed Indonesian broker needs before it may offer margin forex and CFD style products, so it is the permit that actually covers this broker's main business. Client protection: Brings margin forex activity inside the same segregation and reporting rules as the main broker licence.. Effective: Jul 2007.

Indonesia#1294/BAPPEBTI/SP/7/2007
License Details
Type:N/A
License #:1294/BAPPEBTI/SP/7/2007
Status:Offshore
Validity
Effective:Jul 1, 2007
Expires:N/A
Verified on registerActive
What our check found

The alternative trading system permit (Izin SPA, Sistem Perdagangan Alternatif). This is the separate approval a licensed Indonesian broker needs before it may offer margin forex and CFD style products, so it is the permit that actually covers this broker's main business. Client protection: Brings margin forex activity inside the same segregation and reporting rules as the main broker licence.. Effective: Jul 2007.

Last checked Aug 22, 2026
Indonesia
ICDXTier 3
Indonesia Commodity and Derivatives Exchange
Indonesia Commodity and Derivatives Exchange
Indonesia
Tier 3

Membership of Indonesia's second commodity derivatives exchange. As with the Jakarta exchange, this is required infrastructure rather than a licence in its own right. Client protection: Exchange level oversight of trades routed through it. Not a substitute for the Bappebti licence.. Effective: Mar 2025.

Indonesia#049/SK/ICDX/DIR/III/2025
License Details
Type:N/A
License #:049/SK/ICDX/DIR/III/2025
Status:Offshore
Validity
Effective:Mar 1, 2025
Expires:N/A
Verified on registerMembership, not a standalone trading licence
What our check found

Membership of Indonesia's second commodity derivatives exchange. As with the Jakarta exchange, this is required infrastructure rather than a licence in its own right. Client protection: Exchange level oversight of trades routed through it. Not a substitute for the Bappebti licence.. Effective: Mar 2025.

Last checked Aug 22, 2026
0
Tier 1
1
Countries
3
Offshore

Account Types

Trading account options

2 types
Mini
Mini · Cent
Min Deposit USD 100 • Leverage 1:500
Min DepositUSD 100
Leverage1:500
VIP
VIP · VIP
Leverage 1:500
Leverage1:500
2
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

6 methods
VISA
Credit Carddays
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Card funding for deposits and withdrawals. Fees, limits and processing times are not published.
Mastercard
Credit Carddays
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Card funding for deposits and withdrawals. Fees, limits and processing times are not published.
Bank Wire Transfer
Wire Transferdays
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Accounts quoted in USD, EUR and GBP. Fees and limits are not published.
UnionPay
Credit Carddays
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Fees, limits and processing times are not published.
6
Free Deposit
6
Instant
0
Crypto

Trading Platforms

Professional trading tools

1 Available
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit

Global Domains

Worldwide web presence

2 sites
🌐
https://www.traze.co.id
Unknown
Active
SSL
🌐
https://www.trfxgarudaberjangka.com
Unknown
Active
SSL
2
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

2 platform

Corporate Network

Enterprise structure & relationships

1 entities

PT. TRFX Garuda Berjangka

Indonesia
active

Registration

N/A

Established

N/A

Company Registration

Legal entity checked against the official company registry

Not confirmed on registry

Legal entity

PT Traze Andalan Futures (recorded by the regulator as formerly PT. Laba Forexindo Berjangka, formerly PT. TRFX Garuda Berjangka, formerly Garuda Berjangka PT., formerly PT Asia Pacific Futures)

Jurisdiction

Indonesia

Registry

Bappebti futures broker register (national regulator record; the Indonesian company registry was not opened)

Registered address

Sinarmas Land Plaza Sudirman, Lantai 35, Jl. Jenderal Sudirman Kav. 21, RT.010 RW.001, Kel. Karet Kuningan, Kec. Setiabudi, Jakarta Selatan, DKI Jakarta 12920, Indonesia

From our latest investigation · Verified Aug 22, 2026

View on official registry

Website snapshots

Comments

Share your thoughts and experiences with TRFX Garuda Berjangka