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Jakarta Futures Exchange official logo
Offshore

Jakarta Futures Exchange

Country
Indonesia
Jurisdiction
Government Reg.
Established in
1999

Performance Metrics

Regulator Performance Overview

45
Overall Rating
28
Licensed Brokers
Medium
Transparency Index
Tier 3
Global Tier
FATF Member

Key Performance Indicators

Total Rating

270

Total cumulative score across all categories
Average Rating

45

Average score across all performance metrics
Years Active

27

Years of regulatory operation
Active Licenses

28

Currently active licenses
Regulated Instruments

0

Types of financial instruments
Geographical Coverage

1

Countries under jurisdiction

Client Protection Details

Client Fund Insurance

Insurance coverage protecting client deposits and funds

✓
Status:Clearing house guarantee fund
Coverage: Clearing house guarantee fund

Account Managed Separately

Requirement for client funds to be held separately from company funds

✗

Operational Metrics

compliance
Transparency Level

Medium

market
Market Position

Tier 3

Compliance Status

IOSCO Membership
Member of International Organization of Securities Commissions
✗ Not Available
FATF Membership
Financial Action Task Force compliance
✓ Compliant

Regulatory Performance Scores

Detailed assessment of regulatory capabilities and effectiveness

Below Average
45SCORE
Overall Rating
0
Excellent
0
Excellence Rate
70
Highest Score

Regulatory Support Features

Negative Balance Protection
Not Supported
Investment Professional
Not Supported
Account Managed Separately
Not Supported

Core Performance Metrics

Detailed breakdown of the 6 key regulatory performance indicators

License Value

Value and prestige of licenses issued by this regulator

50
out of 100
Average
Regulatory

Effectiveness of regulatory framework and enforcement

40
out of 100
Needs Improvement

Performance Summary

This regulator shows below average performance with an overall score of 45.

Strongest performance in Institutional

Transparency Level: medium

Global Tier: tier3

FATF Member
45
Overall
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About Jakarta Futures Exchange

The Jakarta Futures Exchange (JFX) was the first futures exchange in Indonesia, legalized on August 19, 1999.It marked an important milestone in Indonesia's development of a financial market, designed to provide a robust framework for the business community to manage risk and disruptions by allowing them to hedge these functions and systematically create and establish a commodity futures exchange market.JFX was incorporated as a company under Law Number 32 of 1997 on Commodity Futures Trading Status; hence, the Jakarta Future Exchange has a strong legal status to perform its activities, and it is the first exchange in Indonesia.

 

Role in the Financial Ecosystem

From its inception, JFX has enabled trading by providing its members with electronic trading capabilities.

Electronic Trading enables participants to transact their futures contracts at previously established prices, whereby supply and demand would create the value of their transaction.

Electronic data interchange provides an efficient way for buyers and sellers to communicate, allowing transparency within the market, giving participants easy access to the market, and lowering transaction costs.JFX is entirely focused and engaged with Advanced Technologies that will respond to the market's local and global problems.JFX continually develops its trading capabilities to enable more effective responses to market demands.JFX's strategy involves building its technology framework with consideration for safety, stability, and connectivity to the Global Market.

 

Driving Innovation and Growth

Innovation is the driving force behind JFX's agenda.

JFX is continually looking for ways to optimise technological capacity to ensure market participants are offered an efficient, fast, and reliable trading experience.
In addition, JFX is looking to develop New Products that will provide market participants with the means to diversify their investments and support the market's needs through these new investment products.

To support this agenda, JFX has strengthened its position as a domestic marketplace for commodities and a larger player internationally.

Status:
Not Supported

Negative Balance Protection

Protection against negative account balances in trading

✗
Status:Not Supported

Investment Professional Support

Access to qualified investment professionals and advisory services

✗
Status:Not Available
regulatory
Regulatory Approach

Government-regulated

Coverage
Prohibited Countries

North Korea – UN-sanctioned countries

Fund Insurance
Client fund protection schemes available
✓ Compliant
Account Managed Separately
Mandatory client account segregation
✗ Not Available
0
Above Average
Institutional

Institutional strength and organizational capability

70
out of 100
Good
Risk Management

Risk assessment and management protocols

50
out of 100
Average
Investment Protection

Investor protection measures and safeguards

40
out of 100
Needs Improvement
Client Fund Insurance Rating

Client fund protection and insurance coverage

20
out of 100
Needs Improvement
Official Description

Contact Information

website icon

Main Site

https://www.jfx.co.id/
phone icon

Phone

(021) 31996030

Licensed Brokers

Brokers authorized and regulated by this authority

27 Licensed Brokers
Dupoin logo

Dupoin

51.8
Regulated
United Kingdom
JFX logo

JFX

JFX Corporation

38.5
Regulated
Japan
ORBI TRADE BERJANGKA logo

ORBI TRADE BERJANGKA

PT. ORBI TRADE BERJANGKA

34.3
Regulated
Indonesia
esaFX logo

esaFX

PT Esandar Arthamas Berjangka

32.1
Offshore
Indonesia
Langit Indonesia Berjangka logo

Langit Indonesia Berjangka

30.4
Regulated
Indonesia
Mentari Mulia logo

Mentari Mulia

PT Mentari Mulia Berjangka

30.4
Regulated
Indonesia
CFForex logo

CFForex

PT. Cyber Futures

30.4
Regulated
Indonesia
FIRST STATE FUTURES logo

FIRST STATE FUTURES

PT. First State Futures

30.2
Regulated
Indonesia
MRG MEGA BERJANGKA logo

MRG MEGA BERJANGKA

PT. MRG Mega Berjangka

29.1
Regulated
Indonesia
Pluang logo

Pluang

28.9
Regulated
Est. 2019
MIFX logo

MIFX

28.9
Regulated
Indonesia
18FX logo

18FX

PT. Delapan Belas Berjangka

28.6
Suspicious Clone
Australia
View All Licensed Brokers
Est. 2020
FCA
Performance Metrics (4 factors)
Regulation
63
License
62
Software
50
Account Type
32
1:1000
1 Platform
Regulated in:
United Kingdom flagUnited KingdomIndonesia flagIndonesiaIndonesia flagIndonesia
View Details
Est. 2007
CySEC
Performance Metrics (4 factors)
Regulation
33
License
61
Software
50
Account Type
10
1:25
1 Platform
Regulated in:
Japan flagJapanJapan flagJapan
View Details
Est. 2022
BAPPEBTI
Performance Metrics (4 factors)
Regulation
7
License
36
Software
50
Account Type
44
1:100
1 Platform
Regulated in:
Indonesia flagIndonesiaIndonesia flagIndonesiaSeychelles flagSeychelles
View Details
BAPPEBTI
Performance Metrics (4 factors)
Regulation
9
License
35
Software
52
Account Type
32
1:500
3 Platforms
Regulated in:
Indonesia flagIndonesiaIndonesia flagIndonesiaIndonesia flagIndonesia+3 more licenses
View Details
Est. 2024
BAPPEBTI
Performance Metrics (3 factors)
Regulation
6
License
35
Software
50
Spread
N/A
1:100
1 Platform
Regulated in:
Indonesia flagIndonesiaIndonesia flagIndonesia
View Details
Est. 2018
BAPPEBTI
Performance Metrics (3 factors)
Regulation
6
License
35
Software
50
Spread
N/A
1:100
1 Platform
Regulated in:
Indonesia flagIndonesiaIndonesia flagIndonesia
View Details
Est. 2003
BAPPEBTI
Performance Metrics (3 factors)
Regulation
6
License
35
Software
50
Spread
N/A
1:200
1 Platform
Regulated in:
Indonesia flagIndonesiaIndonesia flagIndonesia
View Details
Est. 2009
ICDX
Performance Metrics (3 factors)
Regulation
7
License
34
Software
50
Spread
N/A
1:200
1 Platform
Regulated in:
Indonesia flagIndonesiaIndonesia flagIndonesiaIndonesia flagIndonesia
View Details
Est. 1998
BAPPEBTI
Performance Metrics (4 factors)
Regulation
7
License
34
Software
51
Account Type
24
1:100
2 Platforms
Regulated in:
Indonesia flagIndonesiaIndonesia flagIndonesiaIndonesia flagIndonesia
View Details
JFX
Performance Metrics (3 factors)
Regulation
6
License
36
Account Type
45
Software
N/A
1:4
Platforms: N/A
Regulated in:
Indonesia flagIndonesiaIndonesia flagIndonesia
View Details
Est. 2000
BAPPEBTI
Performance Metrics (4 factors)
Regulation
7
License
34
Software
51
Account Type
24
1:100
2 Platforms
Regulated in:
Indonesia flagIndonesiaIndonesia flagIndonesiaIndonesia flagIndonesia
View Details
Est. 2003
BAPPEBTI
Performance Metrics (3 factors)
Regulation
6
License
30
Software
50
Spread
N/A
1:400
1 Platform
Regulated in:
Indonesia flagIndonesiaIndonesia flagIndonesiaIndonesia flagIndonesia
View Details