Finex Forex broker specializes in providing foreign exchange trading services, the company's official website https://finex.co.id/cabinet/register, the company's legitimate regulatory information IndonesiaBAPPEBTIRetail Forex License, to enhance the security of the company's address SOHO PANCORAN TOWER SPLENDOR FL. 30 UNIT 3005 Jl. Letjen MT Haryono Kav 2 - 3 Tebet, South Jakarta 12810.
Registered in Saint Vincent and the Grenadines in 2012, VENTEZO operates as a broker that offers services in Forex, Metals & Energy, Indices, and Shares. It provides three types of accounts, with a minimum deposit requirement of $10 and leverages up to 1:500. However, this broker is under an abnormal regulatory status, holding an offshore license.
Pros | Cons |
Regulated by BAPPEBTI | Limited payment options |
Demo accounts | |
Multiple trading choices | |
MT5 trading platform | |
Low minimum deposit | |
No fees for deposits and withdrawals | |
24/7 live chat | |
Comprehensive contact channels |
Yes, Finex is a legitimate broker. It holds a Retail Forex License numbered 47/BAPPEBTI/SI/04/2013, issued by the Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI), which means that it will strictly comply with the laws and regulations of Indonesia.
Regulated Country | Current Status | Regulated Authority | Regulated Entity | License Type | License Number |
Regulated | Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) | PT. Finex Bisnis Solusi Futures d/h PT. FINEX BERJANGKA | Retail Forex License | 47/BAPPEBTI/SI/04/2013 |
Finex offers a wide range of market instruments, including Forex, Metals & Energy, Indices, and Shares. Below are some detailed types of these instruments. For more information, you can visit its website.
Forex pairs: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/JPY, CHF/JPY...
Metal & Energy: XAG/USD, XAU/USD, XTI/USD
Indices: DE30, HK50, JP225, UK100, US100...
Share: Alcoa Inc, Apple Inc, Adobe Inc, Adidas AG, American International Group Inc...
Tradable Instruments | Supported |
Forex | ✔ |
Metals & Energy | ✔ |
Indices | ✔ |
Shares | ✔ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Finex offers only one live account with a low minimum deposit of $10 and leverage up to 1:500. Spreads starts from 0.5 pips and commission is set at $1 per lot.
In addition, Finex provides a free demo account for you to refine your trading skills in a risk-free environment.
To open an account on Finex, you need to enter some personal information, such as your email and phone number, and then set your passwords. After that, they will send a confirmation email to your address. You simply need to confirm your registration to complete the account opening process.
Asset Class | Max Leverage |
Forex | 1:500 |
Metals | 1:500 |
Indices | 1:200 |
Energies | 1:200 |
Stocks | 1:100 |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Finex has secured a full license from MetaTrader 5, a prominent global trading platform accessible via both PCs and mobile devices, including Android and iOS systems. With this platform, you gain instant access to a multitude of trading opportunities, allowing you to fully leverage its sophisticated features and capabilities.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Windows, Web, Android, iOS | Experienced traders |
MT4 | ❌ | / | Beginners |
Finex only accepts deposits and withdrawals through leading Indonesian banks such as BCA, CIMB Niaga, Mandiri, and BNI. While there are no commissions associated with making deposits or withdrawals, Finex has established a minimum deposit requirement of $10 and a minimum withdrawal amount of $1.
HandidjajaLi
Indonesia
However, it is a clear choice for trading, because being here, in Indonesia, and if something urgent happens, I can communicate directly with them. For now, their support is quite helpful and responsive, although I am postponing a face-to-face meeting😁 for a better time. Everything is like with other good international brokers, except for the price, you can choose between commission and spread, not both.
Positive
03-03
BharatKuruvilla
Indonesia
Congratulations to my country for creating all the necessary provisions for us! The reason I joined Finex broker is because Bappebti oversees its activities. Surprisingly, this service is comparable to other top global broker companies and I did not find any serious shortcomings. The trading terms are very good and the minimum deposit allows me to test the platform without having to invest a lot of money upfront. I like this broker!!!
Positive
03-02
AgusSantoso9333
Indonesia
Finex is an amazing platform to get started. The orientation procedure is very simple. 😀 In addition, Finex allows you to open a real trading account with just a minimum deposit of $10, which is great for new traders and traders who do not have a large capital to invest hundreds of $$$.
Positive
2025-03-12