Search

For more information about Mentari Mulia Berjangka Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Beginner-friendly trading with low minimum deposits and no commission fees.
High level of customer support, providing prompt responses to inquiries.
Regulated by Bappebti, ensuring a level of safety for traders.

Cons

Lacks a valid international regulatory license, raising concerns about oversight.
Higher minimum deposit requirements compared to some other brokers in the region.
Limited trading instruments and higher spreads compared to more established brokers.

Mentari Mulia Berjangka Company

Mentari Mulia Berjangka Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Mentari Mulia Berjangka was established in January 2013 as a fully licensed brokerage firm in Indonesia. The company specializes in financial derivative futures trading, catering to a growing market of investors interested in trading various financial instruments.

Parent Company/Ownership Structure

Mentari Mulia Berjangka operates as an independent entity. It is not part of a larger conglomerate but maintains strong affiliations with local financial institutions and regulatory bodies to ensure compliance and operational integrity.

Headquarters Location

The company's headquarters is located in Jakarta Selatan, specifically at Prosperity Tower, Unit 20F, Level 20, District 8, SCBD, Senayan, Jakarta, Indonesia. This strategic location places it at the heart of Indonesias financial district.

Global Business Scope

While primarily focused on the Indonesian market, Mentari Mulia Berjangka also engages with international clients interested in trading on Indonesian exchanges. The company aims to expand its global reach by providing services tailored to both local and foreign investors.

Main Regulatory Bodies

Mentari Mulia Berjangka is regulated by several key authorities:

  • Bappebti (Badan Pengawas Perdagangan Berjangka Komoditi): The Indonesian Commodity Futures Trading Regulatory Authority.
  • KBI (Kliring Berjangka Indonesia): The Indonesian Clearing House for Futures Trading.
  • JFX (Jakarta Futures Exchange): The exchange where many of its trading products are listed.

2. Company History and Development

Key Milestones

Since its inception, Mentari Mulia Berjangka has achieved several significant milestones:

  • 2013: Establishment and initial licensing by Bappebti.
  • 2015: Launch of the Forex trading platform, expanding its service offerings.
  • 2018: Introduction of CFD (Contract for Difference) trading products.
  • 2020: Expansion of educational resources and webinars to enhance client knowledge and trading skills.

Business Expansion Journey

The company has steadily expanded its services, initially focusing on Forex and later introducing CFDs and commodities. This diversification has allowed Mentari Mulia Berjangka to cater to a broader audience and adapt to market demands.

Customer Base Growth

Over the years, the customer base has grown significantly, with thousands of active traders utilizing its platforms. The company emphasizes customer service and education to retain clients and attract new ones.

Platform Development History

Mentari Mulia Berjangka offers a user-friendly trading platform, primarily based on MetaTrader 4 (MT4). This platform has undergone continuous updates to enhance functionality, including mobile trading capabilities and advanced charting tools.

Important Awards or Recognitions Received

While specific awards are not extensively documented, Mentari Mulia Berjangka is recognized for its compliance with regulatory standards and its commitment to providing quality trading services within Indonesia.

3. Trading Services Offered

Forex Trading Options

Mentari Mulia Berjangka offers trading in several major currency pairs. The minimum initial deposit for Forex trading is set at $200, with leverage options of up to 1:200. The spreads on major currency pairs start as low as 0.1 pips, making it competitive within the local market.

Stock Trading Options

The company provides access to trading in stock indices, primarily focusing on the Indonesian market. This allows traders to invest in the performance of various sectors within the country.

CFD Trading Products

Mentari Mulia Berjangka also offers a range of CFD products, enabling traders to speculate on price movements without owning the underlying assets. This includes commodities such as gold and silver, appealing to investors looking for diversification.

Other Financial Instruments

In addition to Forex and CFDs, the brokerage may explore opportunities in cryptocurrencies and other emerging financial instruments. However, the primary focus remains on Forex and commodity trading.

Special Services or Unique Advantages

Mentari Mulia Berjangka distinguishes itself through:

  • Educational Resources: The company provides extensive training materials and webinars to help traders improve their skills.
  • Customer Support: A dedicated customer service team is available to assist clients with inquiries and trading issues.
  • Local Expertise: Being a local broker, Mentari Mulia Berjangka is well-versed in the Indonesian market, providing tailored services to its clientele.

Detailed Regulatory Information

Mentari Mulia Berjangka operates under the supervision of the following regulatory bodies:

  • Bappebti: Ensures the company adheres to national trading regulations.
  • KBI: Provides clearing services and ensures the integrity of trades.
  • JFX: Oversees trading activities on the Jakarta Futures Exchange.

As a registered entity in Indonesia, Mentari Mulia Berjangka operates solely within the jurisdiction of Indonesian law. It does not have international branches but serves clients globally through its online platform.

Client Fund Protection Measures

The company employs strict measures to protect client funds, including segregating client accounts from operational funds. This ensures that client assets are safeguarded in the event of financial difficulties.

Countries/Regions Served

Primarily serving clients in Indonesia, Mentari Mulia Berjangka also welcomes international traders interested in accessing Indonesian markets. However, the majority of its clientele is based locally.

Compliance History

Mentari Mulia Berjangka maintains a clean compliance record with regulatory bodies, continually adapting to changes in regulations to ensure ongoing legitimacy and client trust.

5. Competitive Landscape

3-5 Main Competitors

Mentari Mulia Berjangka faces competition from several other local and international brokers, including:

  • FXCM
  • XM
  • FBS
  • Pruton Capital
  • Monex Investindo

Positioning in the Industry

Mentari Mulia Berjangka positions itself as a reliable local broker that offers personalized services, local expertise, and educational resources, setting it apart from larger international competitors.

Market Differentiation Factors

Key factors that differentiate Mentari Mulia Berjangka in the market include:

  • Local Knowledge: Deep understanding of the Indonesian market and regulatory environment.
  • Educational Initiatives: Commitment to trader education through webinars and tutorials.
  • Customer Service: Focus on providing personalized support to clients.

For more information on Mentari Mulia Berjangka, including their trading services and educational resources, click here to learn more.

Conclusion

Mentari Mulia Berjangka has established itself as a reputable brokerage firm in Indonesia, providing a range of trading services while adhering to regulatory standards. With its commitment to education and customer service, it continues to attract and retain a loyal client base in a competitive market.