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https://finex.co.id/
Website
MT4/5
Full License
Finex-Demo
Influence
A
Influence index NO.1
MT4/5 Identification
Full License
Influence
A
Influence index NO.1
Single Core
1G
40G
+62 021-50101569
More
PT Finex Bisnis Solusi Futures
Finex
Indonesia
62 811 8105 688
Pyramid scheme complaint
Expose
Aspect | Information |
Registered Country/Area | Indonesia |
Founded Year | 2-5 years |
Company Name | PT Finex Bisnis Solusi Futures |
Regulation | Regulated in Indonesia |
Minimum Deposit | $10 (Micro Account), $1,000 (Standard Account) |
Maximum Leverage | Up to 1:500 |
Spreads | Starting from 0 pips (Standard Account) |
Trading Platforms | MT4/5 full license |
Tradable Assets | Forex, commodities, indices |
Account Types | Standard Account, Micro Account |
Demo Account | Not specified |
Islamic Account | Not specified |
Customer Support | Phone, chat, messaging |
Payment Methods | CN, Mandiri, BNI, BCA |
Educational Tools | Market analysis, Forex blogs, seminars, webinars |
Finex is a regulated financial institution operating in Indonesia. It is governed by the Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) and holds a retail forex license. The company, known as PT. Finex Bisnis Solusi Futures, offers a range of market instruments for trading, including Forex, commodities, and indices. Traders have the opportunity to participate in foreign exchange trading, speculate on commodity prices, and take positions based on market trends through the trading of indices.
The platform provides various account types to cater to different trading needs. Traders can choose between a Standard Account and a Micro Account, each with its own features and minimum deposit requirements. Finex also offers leverage options to enhance trading positions and optimize investment strategies. Additionally, the company utilizes the widely-used Metatrader 4 trading platform, enabling traders to execute trades efficiently on both Windows and Android devices.
Along with its trading services, Finex provides market analysis, educational resources, and customer support channels such as phone, live chat, and messaging. It is important to conduct thorough research and refer to the official Finex website for the most accurate and up-to-date information before considering any trading activities.
Finex has its strengths and weaknesses as a financial institution. On the positive side, it is a regulated entity in Indonesia, providing a range of market instruments for trading, including Forex, commodities, and indices. It offers different account types to cater to diverse trading needs, and its collaboration with major banks enables fast fund transactions. Additionally, Finex utilizes the popular Metatrader 4 trading platform for both Windows and Android devices, providing traders with a robust and feature-rich trading experience. However, there are certain limitations to consider. The promotions offered by Finex may attract customers solely based on the gifts rather than the quality of trading. The scope of market analysis and educational resources provided may be subjective and limited. Furthermore, the withdrawal fees and processing time are not specified, and there are limited withdrawal options beyond Indonesian banks. It's essential to carefully weigh these pros and cons before making a decision.
Pros | Cons |
Regulated entity | Promotions may attract gift-oriented customers |
Offers diverse market instruments | Limited scope of market analysis and educational resources |
Different account types available | No information on withdrawal fees and processing time |
Collaboration with major banks | Limited withdrawal options beyond Indonesian banks |
Utilizes Metatrader 4 platform | Withdrawal fees and processing time not specified |
Finex, a financial institution in Indonesia, is regulated by the Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI). It holds a retail forex license (License No.: 47/BAPPEBTI/SI/04/2013) and operates as PT. Finex Bisnis Solusi Futures. The institution's address is SOHO Pancoran Tower Splendor, Jakarta Selatan, and its website is www.finex.co.id.
Finex offers a range of market instruments for trading, including Forex, commodities, and indices. These instruments provide investors with various options to diversify their portfolios and participate in different financial markets.
Forex: Finex allows traders to engage in foreign exchange (Forex) trading, which involves buying and selling currencies. Forex trading provides opportunities to profit from fluctuations in currency exchange rates. Traders can access major currency pairs and potentially benefit from global economic trends and geopolitical events.
Commodities: Finex enables trading in commodities, such as precious metals (gold, silver), energy products (crude oil, natural gas), agricultural products (corn, wheat), and more. Commodities provide an avenue for investors to speculate on price movements in these markets. Factors like supply and demand, geopolitical situations, and weather conditions can impact commodity prices.
Indices: Finex offers trading in indices, which are composed of a basket of stocks representing a specific sector or market. Traders can speculate on the performance of an entire market or a particular industry. Popular indices include the S&P 500, Dow Jones Industrial Average, and FTSE 100. Index trading allows investors to take positions based on their views of broader market trends.
Pros | Cons |
Diversification of portfolios | Market volatility and risk |
Potential to profit from currency fluctuations | Lack of guaranteed returns |
Access to major currency pairs | Market unpredictability |
Speculation on commodity price movements | Exposure to geopolitical events |
Finex offers a variety of account types to cater to the diverse trading needs of its clients. These accounts allow traders to access various financial instruments such as Forex, metals, crude oil, indices, and single stocks. Each account type comes with its own features, including leverage options, minimum deposit requirements, spreads, and contract volumes.
Standard Account:
The Standard Account offered by Finex is suitable for trading Forex, metals, crude oil, indices, and single stocks. It provides both floating and a fixed rate of $1 = 10,000 IDR. The account requires a first minimum deposit of $1,000. Spreads start from 0 pips, and the contract volume is set at 1 lot = 100,000. Traders can enjoy leverage of up to 1:500 with this account type.
Micro Account:
Finex also offers a Micro Account, which allows traders to trade Forex and metals. The account offers leverage of up to 1:500. It provides both floating and a fixed rate of $1 = 10,000 IDR. The first minimum deposit required for this account is $10. Spreads start from 3 pips, and the contract volume is set at 1 lot = 100,000.
Pros | Cons |
Access to diverse financial instruments | Limited to specific instruments based on account type |
Leverage options available | Higher leverage increases risk of potential losses |
Different minimum deposit requirements | Minimum deposit may be perceived as high for some traders |
Spreads starting from 0 pips (Standard Account) | Spreads starting from 3 pips (Micro Account) |
Floating and fixed exchange rates | Limited information provided about other features or benefits |
To open an account with Finex, follow these steps:
Visit the Finex website and click on the “Open Account” button.
2. You will be presented with options to sign up using your Facebook or Google account, or you can choose to register with your email.
3. Select the preferred sign-up method and provide the necessary information as prompted.
4. Read and accept the Privacy Policy and Trading Rules, acknowledging that you understand and agree to the associated risks.
5. Complete the registration process by following the instructions provided.
6. Once your account is created, you can start trading and potentially make a profit on Forex and other financial instruments offered by Finex.
Finex provides different leverage options to cater to the trading needs of its clients. The Standard Account offers leverage of up to 1:500, allowing traders to amplify their trading positions. For those looking for more conservative leverage, the Micro Account also provides leverage of up to 1:500. With these leverage options, traders have the potential to enhance their trading opportunities and optimize their investment strategies.
Finex offers different spreads and commission structures based on the account type. In the Standard account, the spreads start from 3 pips, and there is a commission of 3 USD per lot. On the other hand, the Pro account also has spreads starting from 3 pips but does not charge any commissions. Traders can choose the account type that aligns with their trading preferences and cost considerations.
The promotions offered by Finex include tangible gifts, account options suitable for different investment sizes, and a partnership program to expand income opportunities. These promotions aim to provide added value to customers and incentivize trading activities.
Free T-shirts and Masks: Finex offers free t-shirts and masks as special gifts to its customers. These promotional items provide a tangible benefit and serve as a gesture of appreciation from the company.
Micro Account: Finex provides a Micro Account option, allowing traders to profit from minimal investment. This promotion appeals to traders who want to start with smaller capital and gradually increase their trading activities.
Finex Partnership Program: Traders can participate in the Finex Partnership Program, which offers an opportunity to profit from Forex trading with a regulated Indonesian broker. This program allows individuals to refer friends and earn additional income through their trading activities.
Pros | Cons |
Tangible gifts add value to customers | Promotions may attract customers solely based on the gift |
Micro Account allows for low-risk investment and gradual growth | Traders may focus more on the promotion than trading strategy |
Partnership Program provides additional income opportunities | Relying solely on referral income may not be sustainable |
Finex provides a fast fund deposit and withdrawal process for its traders. By collaborating with major banks in Indonesia, Finex ensures smooth transactions with no commission fees. The system aims to provide efficient processing, with deposits and withdrawals typically completed within 15 minutes.
Finex offers two types of real trading accounts: the Mini account and the Pro account. The Mini account requires a minimum deposit of $100, while the Pro account has a higher minimum deposit requirement of up to $1000.
Traders can deposit funds into their Finex trading accounts using various banking options. The available options include CN, Mandiri, BNI, and BCA. These banking partners enable traders to easily add funds to their accounts.
Pros | Cons |
processing with deposits and withdrawals completed within 15 minutes | No information provided on withdrawal fees |
Collaboration with major banks | No details on withdrawal processing time |
Multiple banking options | Limited withdrawal options beyond Indonesian banks |
Metatrader 4 for Windows: Finex offers the MT4 trading terminal for Windows, providing efficient execution and a seamless trading experience in the Forex market. Traders can enjoy features such as “No Requotes,” 1:500 leverage, and the ability to trade with mini and standard volumes. The platform offers access to Metatrader 4 and Expert Advisors, along with daily market news and technical analysis. System requirements include Windows XP/Vista/7/8/10, Intel Celeron processor (1.7 GHz or higher), 256 Mb RAM or more, and a minimum of 50 Mb storage capacity.
Metatrader 4 for Android: Finex also offers the MT4 trading platform for Android devices. Traders can access their Finex account, and use over 30 technical indicators. The platform provides access to the same data as the MT4 PC version, including transaction history. It offers three chart types, attractive graphic displays with zoom and scroll menus, and supports Android 5.0 or higher. The storage capacity required is a minimum of 8.3 Mb.
Key Features of MT4 Finex (both Windows and Android versions):
Accommodates the use of Expert Advisors (EA) and exclusive indicators.
Provides a wide range of indicators and tools for chart analysis.
Offers one-click trading and the ability to execute large orders.
Includes a built-in email system and user guide.
Allows the creation of custom indicators and trading on multiple timeframes.
Provides database management services and transaction history export/import functionality.
Supports trading on both PCs and mobile devices with compatible operating systems.
Overall, Finex allows traders to utilize the popular Metatrader 4 platform, providing them with a robust and feature-rich trading experience on both Windows and Android devices.
Pros and Cons
Pros | Cons |
Wide range of indicators and tools for analysis | Limited to Metatrader 4 platform |
Accommodates the use of Expert Advisors (EA) | No mention of other trading platforms |
Security measures and data backup | Limited system requirements for Windows version |
One-click trading and execution of large orders | No mention of mobile trading platforms other than Android |
Built-in email system and user guide | No mention of customer support availability |
Custom indicators creation and multi-timeframe trading | No information on account types or pricing structure |
Database management and transaction history support | Lack of information on market access and liquidity |
Support for trading on PCs and compatible mobile devices | No information on additional trading features |
Market Analysis: Finex provides market analysis to assist traders in making informed trading decisions. The Finex Forex Trading News offers daily updates on currency, metal, and CFD trading markets.
Latest News: Finex publishes timely news articles that cover important market events and developments. Traders can stay updated on market trends, economic indicators, and currency pair analysis. The news helps traders gain insights into potential trading opportunities.
Another News: Aside from market updates, Finex also provides important notifications to clients. These notifications may include withdrawal provisions during public holidays, new mobile app launches, awards received by Finex, and updates on account types and trading conditions.
Forex Blogs: Finex offers educational blogs to guide traders in the world of Forex trading. The blogs cover a variety of topics, including tips for traders, technical analysis, fundamental analysis, and guidebooks provided by well-known traders. Traders can access valuable information to enhance their trading knowledge and skills.
Latest: The latest blog posts on the Finex website cover topics like transferring MT4 accounts to MT5, recommended trading books for better results, using indicators like Stochastic, fund withdrawal processes, and trading profits in specific trading methods like XAUUSD (gold and US dollars).
Pros | Cons |
Market Insights | Subjective Analysis |
Educational Resources | Dependency on Information |
Timely Updates | Limited Scope |
Finex provides a range of educational resources to assist traders in enhancing their knowledge and skills. These resources include seminars, webinars, and educational videos, catering to both beginner and professional traders.
Seminars and Webinars:
Finex organizes seminars and webinars that cover various trading-related topics. These educational events aim to provide traders with valuable insights and strategies for successful trading. The seminars and webinars cover areas such as market analysis, trading techniques, risk management, and industry updates. Traders can participate in these events to gain a deeper understanding of the markets and improve their trading abilities.
Educational Videos:
Finex offers a collection of educational videos that serve as tutorials and recordings of past webinars. These videos cover a range of topics relevant to traders. Beginners can find introductory videos that explain the registration process, account verification steps, and basic trading concepts. Professional traders can access videos that delve into advanced topics, including market analysis and specific trading strategies. The videos provide concise and informative content to support traders in their trading journey.
Pros and Cons
Pros | Cons |
Access to valuable insights | Subject to personal interpretation |
Wide range of topics covered | Reliance on self-discipline for learning |
Tailored resources for all levels | Limited interaction in self-paced learning |
On-demand learning | Lack of personalized guidance |
Supportive for continuous skill development | Need for self-motivation and self-direction |
Phone Support: Finex provides phone support to its clients from Monday to Friday. Traders can call the customer support team at +62 21-50101569 for assistance with any queries or issues they may have.
Chat and Messaging: For immediate assistance, clients can reach out to Finex through their live chat feature or via messaging platforms like WhatsApp. The customer support team is available even on weekends to provide support and address any concerns.
Call Back Service: Finex offers a call-back service where traders can submit their name, phone number, and question on the website. They can specify a preferred time slot for the customer support team to call them back.
Contact Information: Clients can contact Finex through various channels. The telephone number for customer support is +62 21-50101569, and they can also reach out via WhatsApp at +62 811 8105 688. Alternatively, traders can send a fax to +62 21-50101046 or email customer@finex.co.id for assistance.
Address: The physical address of Finex is SOHO PANCORAN TOWER SPLENDOR FL. 30 UNITS 3005 Jl. Letjen MT Haryono Kav 2 - 3 Tebet, South Jakarta 12810.
In conclusion, Finex is a regulated financial institution in Indonesia, operating as PT. Finex Bisnis Solusi Futures. It holds a retail forex license and offers trading in various market instruments such as forex, commodities, and indices. Finex provides different account types with leverage options to cater to traders' needs. The platform supports the popular Metatrader 4 trading platform for both Windows and Android devices. Traders can access market analysis, educational resources, and customer support services. While Finex offers promotions and fast fund deposit and withdrawal processes, it is important to carefully consider the terms and conditions and be aware of the potential limitations and risks associated with trading.
Q: Is Finex a regulated financial institution?
A: Yes, Finex is regulated by the Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) and holds a retail forex license.
Q: What market instruments can I trade on Finex?
A: Finex offers trading in Forex, commodities, and indices, providing opportunities to trade currencies, precious metals, energy products, agricultural products, and more.
Q: What types of trading accounts does Finex offer?
A: Finex offers Standard and Micro trading accounts, each with its own features such as leverage options, minimum deposit requirements, spreads, and contract volumes.
Q: How can I open an account with Finex?
A: To open an account, visit the Finex website and sign up using your Facebook, Google, or email. Accept the Privacy Policy and Trading Rules, complete the registration process, and start trading.
Q: What leverage options are available on Finex?
A: Finex provides leverage of up to 1:500 on both Standard and Micro accounts, allowing traders to amplify their trading positions.
Q: What are the spreads and commissions on Finex?
A: Spreads start from 0 pips on the Standard account, with a commission of 3 USD per lot. The Pro account also has spreads starting from 3 pips but does not charge any commissions.
Q: What promotions does Finex offer?
A: Finex offers promotions such as free gifts, a Micro Account option for low-risk investment, and a Partnership Program to earn additional income through referrals.
Q: How can I deposit and withdraw funds with Finex?
A: Finex provides a fast fund deposit and withdrawal process, collaborating with major banks in Indonesia. Deposits and withdrawals are typically completed within 15 minutes.
Q: What trading platforms does Finex offer?
A: Finex offers the Metatrader 4 (MT4) platform for Windows and Android devices, providing efficient execution, a range of indicators, and a seamless trading experience.
Q: What trading tools and educational resources are available on Finex?
A: Finex provides market analysis, news updates, educational blogs, seminars, webinars, and educational videos to support traders in making informed trading decisions and enhancing their skills.
Q: How can I contact Finex for customer support?
A: You can contact Finex through phone support, live chat, messaging platforms, a call-back service, email, or fax. Detailed contact information is available on the Finex website.
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