DIDIMAX Broker Review

DIDIMAX Review 3

Latest All(3) Neutral(1) Exposure(2)

Exposure

They don't want to give me my profits

After subscribing to NO DEPOSIT BONUS for $100, they deposited $100 into my account. After completing the conditions and winning, they told me that this program was only for Indonesians. This is a scam. Why didn't you put this condition among the conditions and why was I given $100 from the beginning?

+3

ABUALMAJD

2024-01-16

Exposure

‏ ‏ ‏alif Fraudulent bonus account

When I succeeded in calculating the bonus and they opened it for me. ‏And you won and you missed the test. ‏They did not accept that I withdraw the profits. ‏Under the pretext that I collapse, ‏I can't because I am not from the same country. ‏And this was not included in the advertisement. ‏And they also opened it for me and they didn't mention that

mssa91

2024-01-16

Neutral

So few account types to choose from, there is only one available. The minimum deposit is also surprisingly high, 10,000 dollars, never seen before. As for trading instruments, leverage, spreads, commissions, etc. performed not bad.

难捱

2022-11-16

Didimax 2025 Review: Everything You Need to Know

　　Didimax is an Indonesian forex broker that has garnered attention for its competitive trading conditions and educational resources. While it offers a user-friendly experience, particularly for local traders, it also presents some limitations in terms of asset variety and regulatory robustness. Overall, Didimax appears to be a viable option for traders in Indonesia, but may not be the best fit for those outside the region.

　　Note: Its crucial to consider the differences in regulatory environments across regions, as Didimax operates under the oversight of Bappebti, which may not provide the same level of protection as more stringent global regulators.

Rating Overview

Criteria	Score (out of 10)
Account Conditions	6.0
Tools and Resources	5.5
Customer Service and Support	5.0
Trading Setup (Experience)	6.5
Trustworthiness	4.0
User Experience	6.7

　　We evaluate brokers based on user feedback, expert analysis, and factual data regarding their offerings and performance.

Broker Overview

　　Founded in 2000, Didimax operates as a registered entity in Indonesia and is regulated by Bappebti, the Indonesian Commodity Futures Trading Regulatory Authority. The broker primarily offers trading through the popular MetaTrader 5 (MT5) platform, along with its proprietary platform, Didimax Jafetscolt. Traders can access a limited range of assets including currency pairs, commodities, and indices.

Detailed Analysis

　　Regulated Regions: Didimax is primarily focused on serving Indonesian traders under the supervision of Bappebti. Its regulatory framework may not be as robust as that of brokers regulated by tier-1 authorities, which raises some concerns about investor protection.
　　Deposit/Withdrawal Currencies: The broker supports deposits and withdrawals exclusively in Indonesian Rupiah (IDR) and US Dollars (USD). This limitation can pose challenges for international traders looking to engage with the platform.
　　Minimum Deposit: Didimax requires a minimum deposit of $100 to open a live trading account. This relatively low entry barrier makes it accessible for beginner traders.
　　Bonuses/Promotions: While Didimax does not appear to offer significant bonuses or promotions, it provides a demo account with $10,000 in virtual funds, allowing traders to practice without financial risk.
　　Tradable Asset Categories: The broker offers a limited selection of assets, with around 20 tradable instruments, including major currency pairs, commodities such as gold and silver, and indices. This narrow range may not satisfy traders seeking a more diverse portfolio.
　　Costs (Spreads, Fees, Commissions): Didimax offers spreads starting from 1.6 pips for major pairs, which is higher than the industry average of 1 pip. However, it does not charge any trading fees, deposit fees, or withdrawal fees, which is a positive aspect for cost-conscious traders.
　　Leverage: The broker provides leverage of up to 1:400, allowing traders to amplify their positions. However, this high leverage also increases the risk of significant losses, especially for inexperienced traders.
　　Allowed Trading Platforms: Didimax supports trading through MT5 and its proprietary Didimax Jafetscolt platform. MT5 is well-regarded for its advanced charting tools and user-friendly interface, catering to both novice and experienced traders.
　　Restricted Regions: Didimax does not accept clients from several countries, including the United States and Canada, which may limit its accessibility for global traders.
　　Available Customer Support Languages: Customer support is primarily available in Indonesian, which may hinder communication for non-Indonesian speakers. Support is accessible through various channels, including email, phone, and live chat, but responses may be slower outside of business hours.

Repeated Rating Overview

Criteria	Score (out of 10)
Account Conditions	6.0
Tools and Resources	5.5
Customer Service and Support	5.0
Trading Setup (Experience)	6.5
Trustworthiness	4.0
User Experience	6.7

Detailed Breakdown

　　Account Conditions: Didimax offers a single account type with competitive conditions, including no trading fees. However, the minimum lot size of 0.1 may not be beginner-friendly.
　　Tools and Resources: While the broker provides educational materials, many of these are paid resources. Free articles are available, but the overall educational offering is limited compared to other brokers.
　　Customer Service and Support: Although Didimax offers multiple support channels, the lack of 24/7 availability and limited language options can hinder user experience.
　　Trading Setup: The trading experience is generally positive due to the platforms offered, but the limited asset selection and higher spreads on major pairs could be drawbacks.
　　Trustworthiness: Regulated by Bappebti, Didimax does not provide the same level of investor protection as more established global regulatory bodies, which may raise concerns for potential clients.
　　User Experience: User feedback indicates a generally satisfactory experience, particularly regarding withdrawal speed and the educational resources available, although some users have expressed concerns about the limited asset selection and customer support.

　　In conclusion, Didimax presents a mixed bag for traders. While it offers competitive trading conditions and a user-friendly platform, its limited asset range and regulatory framework may not be suitable for all traders, particularly those outside Indonesia. Prospective clients should weigh these factors carefully before engaging with the broker.