MIFX
One of Indonesia's longest-standing domestically-regulated brokers, holding both BAPPEBTI and OJK licences, the benchmark for local regulatory compliance.
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Each broker on this page is authorised by BAPPEBTI, Indonesia's Tier 2 regulator for forex trading. BAPPEBTI requires its licensed brokers to operate within Indonesia and comply with local standards for business conduct and anti-money laundering. Retail traders with BAPPEBTI-regulated brokers face a maximum leverage cap of 1:100. Client fund segregation is mandatory, but there is no published investor compensation scheme in the regulator's official framework.
Verify on official register
Check a broker’s licence status directly on the BAPPEBTI register.
One of Indonesia's longest-standing domestically-regulated brokers, holding both BAPPEBTI and OJK licences, the benchmark for local regulatory compliance.
A fully BAPPEBTI-licensed and OJK-registered Indonesian broker, with domestic traders compliant access to forex and commodity futures markets.
A newer locally-incorporated Indonesian broker completing the dual BAPPEBTI and OJK registration standard, providing compliant domestic forex access.
BAPPEBTI is classified as a Tier 2 regulator. Regulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
We currently list 3 forex brokers regulated by BAPPEBTI. The full list is shown above, sorted by overall trader rating.
BAPPEBTI is based in Indonesia and covers the Indonesia jurisdiction. Regulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
Visit the official BAPPEBTI website and use their public register or licence verification tool. Enter the broker's registered name or licence number to confirm its status. This is the most reliable way to check a broker's regulatory standing.
Compensation availability depends on the specific rules of BAPPEBTI in Indonesia. Tier 1 regulators typically operate investor compensation schemes covering a portion of client funds. Check the regulator's official guidance for current limits and eligibility criteria.
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