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    MIFX

    2-5 years
    |
    Regulated in Indonesia
    |
    Retail Forex License
    |
    MT4/5 full license

    Rating

    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10

    License Index

    4.94

    Business Index

    5.77

    Risk Management Index

    9.37

    Software Index

    8.03

    Regulatory Index

    4.91

    Licenses

    Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan

    Retail Forex License

    BAPPEBTI Regulated

    Overview

    • Company Name:

      PT. Monex Investindo Futures
    • Company Abbreviation:

      MIFX
    • Place of registration:

      MIFXIndonesia
    • Regulatory Status:

      Regulated
    • Customer Service Email Address:

      support@mifx.com
    • Customer Service Phone Number:

      021-27889333
    • Company summary

      Monex Investindo Futures (MIFX) is the largest broker in Indonesia, with over 30% of it sits the foreign exchange market. MIFX is a member of the Jakarta Futures Exchange (JFX) and the Indonesia Commodity and Derivatives Exchange (ICDX) and holds a retail foreign exchange license from the Indonesian Commodity Futures Trading Regulatory Agency (license number: 178/ BAPPEBTI/SI/I/2003). About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

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    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    WikiResearch

    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Brand Launch

    • Search Source

    • Language

    Last Updated Time 2021-04
    Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan

    Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI)

    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.

    • Licensed Institution :

      PT. MONEX INVESTINDO FUTURES

      Effective Date :

      --
    • Email Address of Licensed Institution :

      backoffice@id.mifx.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.mifx.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      Sahid Sudirman Center Lt. 17 Unit D & H, Jl. Jend. Sudirman Kav. 86 KARET TENGSIN TANAH ABANG JAKARTA PUSAT DKI JAKARTA 10220

      Phone Number of Licensed Institution :

      02127889333
    • Licensed Institution Certified Documents :

      MONEX 印尼牌照信息--20190326 View Certified Documents MONEX bappebti20201221更新 View Certified Documents

    MIFX · MT4/5

    Identification Result

      MIFX · Website

      Most visited countries/areas

          No content

          No data

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          Load failure

          MIFX· Genealogy

          MIFX · Clones

          MIFX · Market Analysis

          The data are from WIKI Research    2021.04.24 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          MIFX · Survey×

          Special Note

          ×
          MIFX

          1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

          1.pngWikiFX will not disclose your personal information to third parties.

          1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.

          1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.

          根據香港證券及期貨事務監察委員會的規定

          為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

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          Data Sources WikiResearch 2021.04.24 Update

          数据样本不足

          Data Sources WikiResearch 2021.04.24 Update

          MIFX · Chart
          Date

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by VPS
          富拓 · 外链汇总

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          Alternate Text

          Data Sources WikiResearch 2021.04.24 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          MIFX
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
          Related Photos
          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          Confirm
          MIFX · Company summary

            Basic Information & Regulation of MIFX

            Monex Investindo Futures (MIFX) is the largest broker in Indonesia, with over 30% of it sits the foreign exchange market. MIFX is a member of the Jakarta Futures Exchange (JFX) and the Indonesia Commodity and Derivatives Exchange (ICDX) and holds a retail foreign exchange license from the Indonesian Commodity Futures Trading Regulatory Agency (license number: 178/ BAPPEBTI/SI/I/2003).

            Safety Analysis of MIFX

            Indonesia's BAPPPEBTI is mainly responsible for regulating Indonesia's futures trading activities, including foreign exchange transactions, 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 its local credibility is still unquestionable. However, investors need to make more careful judgments based on spreads, access to funds, etc.

            Market Instruments of MIFX

            MIFX provides investors with access to popular currency pairs, CFDs, and futures in the Forex market. Compared to other brokers, investors can trade fewer financial assets on the MIFX platform.

            Accounts & Leverage of MIFX

            MIFX provides investors with two different accounts, namely mini accounts (minimum deposit of $500) and standard accounts (minimum deposit of $4,000). Both accounts have a minimum trade size of 0.1 lots and maximum trading leverage of 1:100.

            Spreads & Commissions

            The EURUSD spreads on the MIFX platform look very attractive at just 0.2 pips. Most brokers offer EURUSD spreads of between 1.1 pips and 1.5 pips.

            Trading Platforms Available of MIFX

            MIFX supports the most widely used Forex trading platform - MetaTrader 4 (MT4), which combines ease of use with a full set of professional tools, such as an advanced charting package, multiple order types, a wide range of technical analysis indicators, and Expert Advisors (EA), as well as a large number of backtesting options. In addition, MIX clients have access to Autochartist, a tool that scans, analyzes, calculates, and delivers real-time trading signals, identifies specific chart patterns, sends market updates, and more.

            Deposit and withdrawal

            MIFX only supports traders to deposit and withdraw funds to their accounts via wire transfer, and the accepted currencies are IDR or USD.

            Pros & Cons of MIFX

            The main advantages of MIFX are:

            1. Well-regulated

            2. Competitive variable spreads

            3. STP execution

            4. MT4 trading platform

            The main disadvantages of MIFX are:

            1. No micro lots

            2. Limited payment options

            3. Excessive initial deposit requirements


          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          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.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.