Risk Management Index
BAPPEBTI was launched in 2005 to regulate certain sections of the financial services industry in Indonesia. It is the only agency with regulatory responsibility for various financial institutions. It operates under the supervision of the Indonesian Ministry of Finance and is managed by a board of administrators, all of whom are selected by the government from industry experts.
License Type:Retail Forex License
Regulated in Country/AreaIndonesia
Regulatory License No.：834/BAPPEBTI/PN/11/2005
Email Address of Licensed Institution :email@example.com
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :AXA Tower, 32Th Floor SuiTe 02 Jl. ProF. Dr. SaTrio Kav. 18 KARET KUNINGAN SETIA BUDI JAKARTA SELATAN DKI JAKARTA 12940
Phone Number of Licensed Institution :02150101373
Licensed Institution Certified Documents :MAHADANA 印尼牌照信息--20190326 View Certified Documents
Most visited countries/areas
The data are from WIKI Research 2021.04.24 updated
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Basic Information & Regulation of Mahadana
Mahadana, established in 2004, is a leading Indonesian financial derivatives futures dealer in foreign exchange, stock indices, and London gold with the aim of facilitating futures trading in Indonesia and providing investors with the best, high quality, and honest service. Mahadana is currently regulated by the Indonesian Commodity Futures Trading Regulatory Agency (Regulatory Type: 834/BAPPEBTI/PN/11/ 2005).
Safety Analysis of Mahadana
BAPPPEBTI in Indonesia is responsible for regulating the futures trading activities in Indonesia, including foreign exchange trading, exchanges, clearing agencies, and local brokers are also regulated by BAPPPEBTI. Under the management of the Indonesian Ministry of Trade, BAPPPEBTI has also established links with local banks, the national police, and other legal institutions so that the safety of investors' funds and trading activities on the Mahadana platform can be protected to a certain extent.
Investors can trade gold, forex, and indices with Mahadana. Compared to other brokers, Mahadana offers a smaller range of trading assets.
Accounts of Mahadana
Forex accounts are allowed on Forex and gold markets, and for index trading Mahadana offers separate special accounts. Besides, Mahadana offers traders demo accounts.
Trading Platform Available of Mahadana
Mahadana offers traders the most popular MT4 trading platform on the market today. MT4 has powerful charting tools, a large number of custom indicators, support for EA, and automated trading. Additionally, there is a flexible choice of MT4 for PC, MT4 for Android, and MT4 for iPhone and Mac.
Deposit and Withdrawal of Mahadana
Traders can make deposits via an instant electronic payment system within 1-3 business days via bank wire transfer or according to the payment method. Regarding withdrawals, Mahadana's back-office staff will make withdrawals within 24 hours or within 1 business day via most electronic payment systems, and bank wire transfers may take 1-3 total business days.
Pros & Cons of Mahadana
The main advantages of Mahadana are:
1. Good regulation
2. MT4 trading platform
3. The availability of demo accounts
4. A range of educational resources
The main disadvantages of Mahadana are:
1. Fewer trading assets
2. No specific trading conditions displayed, and fees not transparent.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
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