Wikilix
Licence record

JFX licence SPAB-057/BBJ/12/03

Holder
Maxco Futures
Jurisdiction
Indonesia
Last checked
Aug 26, 2026

This is Wikilix's record of a licence issued by Jakarta Futures Exchange. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Sep 10, 2026

Licence Verification Record

Jakarta Futures Exchange SPAB-057/BBJ/12/03

Wikilix read the JFX register on Aug 26, 2026. This is what it said.

Issuing authority
Jakarta Futures Exchange
Jurisdiction
Indonesia
Effective
Dec 30, 2003
Register status
Exchange membership, not a trading licence. Stated by the broker and corroborated independently, not confirmed on the exchange's own member list

Checked Aug 26, 2026

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

wikilix.com/licenses/jakarta-futures-exchange/maxco-futures/spab-057-bbj-12-03Fields on file 6 / 11

Our check
Checked

What we checked

This authorisation is in force but limited — it does not carry the same protections as a full trading licence.

Wikilix check
Limited
Authority strength
Tier 3
Jurisdiction
Indonesia
Last checked
Aug 26, 2026
Register says
Exchange membership, not a trading licence. Stated by the broker and corroborated independently, not confirmed on the exchange's own member list

Finding

Membership of the Jakarta Futures Exchange. This is exchange membership, which gives access to trade on the exchange. It is not itself a licence to take client money. Client protection: Indirect. Exchange rules and dispute channels apply to member conduct, but the client protection comes from the BAPPEBTI licence, not from membership.. Effective: 30 Dec 2003.

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
SPAB-057/BBJ/12/03
Register status
Exchange membership, not a trading licence. Stated by the broker and corroborated independently, not confirmed on the exchange's own member list
Effective from
Expires
No expiry shown
The authority

About JFX

Jakarta Futures Exchange is the authority that issued this licence, and the jurisdiction it applies in is Indonesia.

Full name
Jakarta Futures Exchange
Jurisdiction
Indonesia
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
1999
Oversight
A government or statutory body
Firms we track under it
28 firms
Licences it issues
Futures exchange membership; broker member; trader member
Typical cost of a licence
USD 1m membership & capital
Public register
Searchable by the public
Transparency
Medium

JFX 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

JFX's own rules for the firms it authorises.

  • Compensation schemeClearing house guarantee fund
  • Complaints routeBappebti dispute resolution & arbitration
  • Maximum leverage1:100
This describes the authority's regime, not how Maxco Futures applies it.
The holder

Who holds this licence

The licence above is recorded against Maxco Futures. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
PT Maxco Futures
Based in
Indonesia
Wikilix score
17.0the firm’s overall score, not a rating of this licence

Wikilix records Maxco Futures as having no regulation on file. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • PT Maxco FuturesIndonesia
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
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 Maxco Futures holds

One other licence is on record for Maxco Futures.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions

No. Not because we have found wrongdoing, but because nothing that matters can currently be checked: no licence, no readable terms, no visible website. Ask the firm for its licence number, the exact licensed legal entity, its client-funds banking arrangements and a working web address, verify each with the issuing authority directly, and only then reconsider. If the firm cannot produce them, walk away.

We found nothing that establishes any protection. Segregated client accounts, a named custodian bank and any compensation or insurance arrangement are all things a broker states on its own site and a regulator confirms on its register, and neither was available to us here. Assume no verified protection until the firm proves otherwise.

We could not verify a founding date. No About or company page was reachable and no corporate record was obtainable, so this profile carries no established year. Any age claim for this brand should be checked against an official registry entry before you rely on it.

Two contact points are published: the telephone number +62 21 720-1018 and the email address cs@maxcofutures.co.id. The office address given is Panin Bank Centre, Ground Floor, Jalan Jenderal Sudirman Kav-1, Senayan, Jakarta Selatan 10270, Indonesia. We found no live chat, no support portal and no official social media accounts we could confirm.

We could not determine this. The restricted-jurisdictions clause, the terms and conditions, the risk disclosure, the help pages and the signup form's own country list all sit on the website that did not respond, so this profile records no accepted and no blocked country. The absence of a recorded restriction is not evidence that your country is accepted.

Not disclosed to us. We have no list of funding channels, no fee schedule, no processing times and no minimum or maximum limits, because the funding pages were unreachable. Withdrawal terms are the single most important thing to test with a small first deposit at any broker whose conditions you cannot read in advance, and here they are entirely unread.

We could not establish this. No platform information was available from the sources we are permitted to use, so no platform is recorded on the profile, including MetaTrader 4, MetaTrader 5 and cTrader. Do not assume a platform is supported because it is common in the industry.

Unknown. No trading conditions page was reachable, so this profile carries no maximum leverage, no spread type, no average spread, no commission structure and no execution model. Any figure quoted for this broker elsewhere is not something WIKILIX has verified.

Not disclosed to us. The broker publishes no account or pricing page we could reach, so we have no minimum deposit figure. Ask the firm in writing and get the answer confirmed in its client agreement before you transfer anything.

We have no evidence that it is, and no evidence that it is not. There is nothing in what we could reach that shows fraud, a cloned licence, a fabricated authority or a fake address, and the firm publishes an ordinary Jakarta landline and a named company at a real commercial building. What is missing is any confirmable regulation and any working website. That combination means the risk cannot be assessed, which is a different thing from a scam finding and should be treated as a reason to wait rather than a reason to deposit.

Because the broker's own website did not respond. Every address it publishes, on both the www and apex hosts and over both http and https, either returned an empty document or a server refusal, on every path and language prefix we tried. WIKILIX only publishes facts read off a page during the review, so rather than fill the gaps with plausible figures we have left them empty. Trading conditions, account types, platforms, funding methods and country restrictions are all missing for that reason alone.

The operating company is named as PT Maxco Futures, an Indonesian company. The address published for it is Panin Bank Centre, Ground Floor, Jalan Jenderal Sudirman Kav-1, Senayan, Jakarta Selatan 10270, Indonesia. We were not able to confirm the company in an official Indonesian corporate record during this review, so its registration number, incorporation date and current status are not published on this profile.

We could not verify any licence for Maxco Futures during this review. The company's own website did not serve any page to us, so we were unable to read a regulation page, a licence number or the name of a licensed entity from the operator. No licence certificate was obtainable from any other source we are permitted to rely on. WIKILIX therefore records no licence for this broker. Read that as unverified rather than as proven unlicensed, and treat the absence of confirmable supervision as a serious risk until the firm supplies a licence number you can check with the issuing authority yourself.

Licence SPAB-057/BBJ/12/03 was issued by Jakarta Futures Exchange (JFX), the financial authority for Indonesia.
Maxco Futures holds this JFX licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the JFX register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
Wikilix rates JFX tier 3. Supervision is lighter-touch and client protections vary.
Yes, JFX 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.
Maxco Futures has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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