The details on this page about Indonesia Commodity and Derivatives Exchange were compiled from the regulator’s own official documents, its website and other public sources, and are presented as neutral, factual guidance.
If you believe something here is inaccurate, or you spot a critical problem, please let us know via Contact us.
Regulator Performance Overview
169
29
49
17
0
1
Insurance coverage protecting client deposits and funds
Requirement for client funds to be held separately from company funds
Low
Tier 3
Exchange venue, not a licensing authority; membership restricted to Indonesian FCMs.
Detailed assessment of regulatory capabilities and effectiveness
Detailed breakdown of the 6 key regulatory performance indicators
Value and prestige of licenses issued by this regulator
Effectiveness of regulatory framework and enforcement
This regulator shows below average performance with an overall score of 29.
Strongest performance in Regulatory
Transparency Level: low
Global Tier: tier3
The Indonesia Commodity and Derivatives Exchange (ICDX), officially known as PT Bursa Komoditi dan Derivatif Indonesia (BKDI), is the leading commodity and derivatives exchange in Indonesia. Established in 2009, it is a leading player in the commodities and derivatives space in Indonesia, providing a safe, transparent, and efficient marketplace for managing opportunities.
ICDX provides an exchange trading platform for a range of commodities and financial instruments, including, but not limited to, gold, crude oil, crude palm oil (CPO), and tin. In addition to commodities, the ICDX also enables trading in derivatives on securities, money markets, and foreign exchange markets, thereby underpinning Indonesia's national interests within the global economy.
The exchange provides serious oversight into its constituents' actions through significant regulatory standards to assure fairness and accountability, through supervision and regulatory actions of CoFTRA (Commodity Futures Trading Regulatory Agency), the Financial Services Authority (OJK), and Bank Indonesia (BI).
Transactions on the exchange are cleared and settled through the Indonesia Clearing House (ICH), which guarantees the integrity and security of the marketplace. The ICDX has also established an intelligent ecosystem to support the exchange through ICDX Logistik Berikat (ILB), its logistics arm, to create a reliable and regulated marketplace that reflects the interests of its stakeholders.
Protection against negative account balances in trading
Access to qualified investment professionals and advisory services
Government-regulated
Retail forex and cross-border trading not permitted
Not specified (domestic futures exchange membership).
Indonesia
Indonesia (domestic trading only)
Retail forex and cross-border trading not permitted
Domestic commodity and futures trading (GOFX, tin, palm oil).
Not Available
Yes - complaints via pengaduan.bappebti.go.id
1:100 (domestic GOFX products)
Information not available
Contact regulator for details
International Organization of Securities Commissions
Member of the global body that brings together the world's securities regulators
Financial Action Task Force
Member of the inter-governmental body that sets standards for combating money laundering
Commitment to international standards for anti-money laundering and counter-terrorism financing
Institutional strength and organizational capability
Risk assessment and management protocols
Investor protection measures and safeguards
Client fund protection and insurance coverage
Brokers authorized and regulated by this authority
Canada
United States
South Africa+2 more licenses
IndonesiaIndonesia
SingaporeIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesia+2 more licensesIndonesiaIndonesiaIndonesiaIndonesiaIndonesiaIndonesia
