Java Forex broker specializes in providing foreign exchange trading services, the company's official website http://my.javafx.co.id/login, the company's legitimate regulatory information IndonesiaBAPPEBTIRetail Forex License,IndonesiaJFXRetail Forex License, to enhance the security of the company's address Foresta Business Loft 5 Unit 15 Jl. BSD Boulevard, Lengkong Kulon Pagedangan Tangerang Banten 15331.
Java Forex Broker
Basic information
Indonesia
5-10 years Regulated in Indonesia Retail Forex License Retail Forex License MT5 Full License High potential riskCompany profile
JAVA Information
Founded in 2016, JAVA is a regulated broker registered in Indonesia, offering trading in 24 currency pairs, oil, gold, and silver with leverage up to 1:200 and spread from 1.5 pips on the MT5 and Web Trader platforms. The minimum deposit requirement is 200 USD.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:200 | Limited tradable assets |
| 24/5 multilingual live chat support | High minimum deposit |
| Regulated by BAPPEBTI and JFX | No info on deposits and withdrawals |
| Demo accounts available | |
| MT5 platform | |
| Multiple security measures |
Is JAVA Legit?
JAVA is regulated by the Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) with license number 926/BAPPEBTI/SI/8/2006 and the Jakarta Futures Exchange (JFX) with license number SPAB - 141/BBJ/08/05, making it relatively safer than unregulated brokers.
What Can I Trade in JAVA?
JAVA offers trading in 24 currency pairs, oil, gold, and silver. Other popular tradable instruments like indices, stocks, and cryptocurrencies are not available.
| Trading Instruments | Supported |
| Currency pairs | ✔ |
| Oil | ✔ |
| Gold | ✔ |
| Silver | ✔ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type/Fees
JAVA offer two trading account types, with minimum deposit requirement of 200 USD and 500 USD respectively.
| Minimum Deposit | USD 200 | USD 500 |
| Deposit Currency | IDR / USD | |
| Minimum Order Volume | 0.1 lot | |
| Maximum Order Volume | 20 lots | |
| Spread | From 1.5 pips | |
| Commission | $1 | ❌ |
| Execution | Market execution from under 0.1 second | |
| Margin Call / Stop Out Level | When account margin level reaches 10% | |
| Scalping | ✔ | |
| Expert Advisors (EA) | ✔ | |
| Hedging | ✔ | |
In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.
Leverage
The maximum leverage is 1:200, meaning that profits and losses are magnified 200 times. 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.
Trading Platform
JAVA cooperates with the authoritative MT5 trading platform, available in PC, MAC, iPhone, iPad, and Android. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC/MAC/iPhone/iPad/Android | Experienced traders |
| MT4 | ❌ | - | Beginners |
Rating Index
TITAN
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Latest Reviews
A九月九
Ecuador
A few days ago I saw ads about this company so I decided to see it on wikifx, but I discovered that its trading conditions are not so attractive, because although it does not charge commissions, the spreads are relatively high. For my trading habits, I prefer brokers with fixed commission and low spreads.
Neutral
2022-11-25
。94447
Hong Kong
I have to say its poor trading conditions cannot even arise my interest… high initial investment amount, high trading costs, that’s enough, I would never risk my money here…
Neutral
2022-11-23
FX4044242062
Indonesia
the broker is legal and good, the response is fast and the withdrawal is also easy and fast
Positive
2023-04-17