Wikilix
Licence record

BAPPEBTI licence 12/BAPPEBTI/KP/02/2011

Holder
Phillip Futures
Jurisdiction
Indonesia
Licence type
Dealing in futures contracts

This is Wikilix's record of a licence issued by Badan Pengawas Perdagangan Berjangka Komodit. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Jul 27, 2026

Licence Verification Record

Badan Pengawas Perdagangan Berjangka Komodit 12/BAPPEBTI/KP/02/2011

Recorded from the firm's own disclosure. Not yet checked against the register.

Issuing authority
Badan Pengawas Perdagangan Berjangka Komodit
Holder
PT Phillip Futures
Jurisdiction
Indonesia
Licence type
Dealing in futures contracts

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

wikilix.com/licenses/badan-pengawas-perdagangan-berjangka-komodit/phillip-futures/12-bappebti-kp-02-2011Fields on file 2 / 11

Open Phillip FuturesAbout BAPPEBTI
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 3
Jurisdiction
Indonesia
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

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

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
12/BAPPEBTI/KP/02/2011
Licence type (Wikilix classification)
Dealing in futures contracts
The authority

About BAPPEBTI

Badan Pengawas Perdagangan Berjangka Komodit is the authority that issued this licence, and the jurisdiction it applies in is Indonesia.

Full name
Badan Pengawas Perdagangan Berjangka Komodit
Jurisdiction
Indonesia
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
2005
Oversight
A government or statutory body
Firms we track under it
50 firms
Regulates
Forex, Commodity, Futures
Licences it issues
Indonesian regulator licenses domestic futures brokers for local residents only; not suitable for global offshore CFD brokerage.
Typical cost of a licence
At least IDR 50 billion paid-up capital; maintain IDR 40 billion equity
Public register
Searchable by the public
Transparency
Medium

BAPPEBTI is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

BAPPEBTI's own rules for the firms it authorises.

  • 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
This describes the authority's regime, not how Phillip Futures applies it.
The holder

Who holds this licence

The licence above is recorded against Phillip Futures. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
PT Phillip Futures
Based in
Indonesia
Wikilix score
29.2the firm’s overall score, not a rating of this licence
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences Phillip Futures holds

One other licence is on record for Phillip Futures.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
Phillip Futures serves residents of Indonesia only and does not support clients from prohibited countries such as North Korea or other UN-sanctioned countries. The broker is not suitable for international offshore CFD brokerage.
Yes, Phillip Futures charges a commission of US$1.5 per lot per side plus an 11% tax (PPN). Deposits and withdrawals via bank transfer do not incur fees.
Phillip Futures accepts deposits via bank transfer in USD or IDR from the client's registered bank account. Withdrawals can be made to pre-registered local or international bank accounts with processing typically completed the same day if requested before 09:30 WIB, otherwise the next business day.
Phillip Futures supports MetaTrader 5 and TradingView platforms. These platforms are available on multiple devices including iOS, Android, Windows, and Mac, offering advanced analytics and trading tools suitable for futures and forex trading.
PT Phillip Futures is regulated by BAPPEBTI, the Indonesian regulator for futures contracts. It holds valid licenses for dealing in futures contracts and operates under Indonesian law, serving residents only. Client funds are insured up to IDR 2 billion per depositor under Indonesia's deposit insurance scheme.
Licence 12/BAPPEBTI/KP/02/2011 was issued by Badan Pengawas Perdagangan Berjangka Komodit (BAPPEBTI), the financial authority for Indonesia.
Phillip Futures holds this BAPPEBTI licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the BAPPEBTI register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates BAPPEBTI tier 3. Supervision is lighter-touch and client protections vary.
Yes, BAPPEBTI is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
Phillip Futures has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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