Accounts & headline costs
Sections ↑Account comparison01
Account and service routes at a glance
| Account / service | Contract and customer scope | Platform and principal condition |
|---|---|---|
| Alpha | PT Valbury Asia Futures — Eligible Indonesian-market clients; retail clients | Valbury app. Indonesian futures; commission side unresolved.Source 1Source 21Source 14Source 15 |
| Sirius | PT Valbury Asia Futures — Eligible Indonesian-market clients; retail clients | Valbury app. Indonesian futures; commission side unresolved.Source 1Source 21Source 14Source 15 |
| Vega | PT Valbury Asia Futures — Eligible Indonesian-market clients; retail clients | Valbury app. Indonesian futures; commission side unresolved.Source 1Source 21Source 14Source 15 |
PT Valbury Asia Futures operates Valbury’s Indonesian platform. Alpha, Sirius and Vega cover its leveraged futures/FX offer. The separately structured PALN US-share product has different settlement and fees; futures terms must not be applied to that balance.[1][10][11]
Account comparison02
Current futures account plans
| Attribute | Alpha | Sirius | Vega |
|---|---|---|---|
| Published commission per lot | USD 1 | USD 10 | USD 33Source 1 |
| Minimum trade size | 0.01 lot | 0.01 lot | 0.01 lotSource 1 |
| Advertised leverage ceiling | Up to 1:500 | Up to 1:500 | Up to 1:500Source 1 |
| Trading-tool access | Limited | Full | FullSource 1 |
| Personal relationship manager | Not included in the account matrix | Included | IncludedSource 1 |
| Loyalty rate | 0.5 point / lot | 1 point / lot | 1.5 points / lotSource 1 |
Pricing & charges03
Selected instrument spread displays
Essentials04
Initial funding and account acceptance
| Measure | Value | Context |
|---|---|---|
| Published starting deposit | From USD 100 | Later top-ups start from USD 10. This is an account-funding threshold, not the margin needed for every product or the requirement for every benefit.Source 3 |
| Who can apply | Applicants legally capable of entering the agreement | The Indonesian service requires completed identity and customer due-diligence information; a global country-acceptance list is not established here.Source 5 |
| Application data | Identity, date of birth, address, NPWP, employment/financial details, phone and selfie | Use the actual application requirements rather than an older low-margin NPWP waiver as a universal current exception.Source 4 |
Process05
Opening and securing the account
| Stage | What to prepare or do | Why it matters |
|---|---|---|
| Registration | Enter accurate personal and financial information and accept the account documents. | The broker may perform additional checks on source of funds and beneficial ownership.Source 5 |
| Device verification | SMS OTP and Secure PIN; additional SMS/email confirmation when activating a new device. | One device and one phone number have active Secure access under the published app terms.Source 4 |
| Biometrics | Optional face or fingerprint authentication | Keep account credentials private, including from staff or agents.Source 4 |
| First funding | Use the account’s own funding instructions after approval. | A virtual-account payment method does not remove the initial account minimum.Source 7Source 3 |
Products & platforms
Sections ↑Availability06
Separate product arrangements
| Product group | Examples / structure | Important distinction |
|---|---|---|
| FX and commodities | Currency pairs, gold, silver and crude oil | Leveraged derivative transactions; product margin and financing apply.Source 2 |
| Indices | Nikkei, Hang Seng, Dow Jones, Nasdaq and S&P500 | Index exposure, not ownership of the underlying shares.Source 2 |
| US share service | PALN single-stock derivative contracts, described as fully backed by foreign shares | The customer contracts with PT Valbury Asia Futures.Source 10 |
| Foreign custody arrangement | Shares backing the PALN product are held through VAF’s segregated brokerage account at Alpaca Securities LLC. | Do not describe the customer as opening an individual Alpaca account or directly holding US-registered shares.Source 10 |
The facts07
US share access
| Measure | Value | Context |
|---|---|---|
| Fractional order size | From USD 1 | This is a product order minimum, separate from the account deposit minimum.Source 10 |
| Short selling | Not offered in the reviewed US-share help guide | This restriction is specific to that product; futures buy/sell trading is different.Source 13 |
| Sale proceeds | T+1 settlement before withdrawal availability | Cash reserved for pending buy orders is not available to withdraw.Source 11 |
Fees & holding costs
Sections ↑The facts08
Futures cost conditions
| Measure | Value | Context |
|---|---|---|
| Spread plus commission | Both components must be considered | The apparent smallest spread can come with the largest published commission. The undefined commission side prevents a defensible all-in arithmetic comparison.Source 1Source 2 |
| Swap-free benefit | Available subject to conditions | The futures matrix specifically shows a USD 1,000 deposit requirement for Alpha’s benefit. Holding-period limits, excluded symbols and replacement charges need the applicable benefit terms.Source 2 |
Pricing & charges09
US share fees: current domestic components
| Component | Published charge | Basis |
|---|---|---|
| Trading fee | 0.3%, minimum USD 0.10 | Trade notional; current detailed fee page dated 4 August 2026.Source 12 |
| JFX transaction fee | 0.05%, capped at USD 0.10 | Per transaction under the same schedule.Source 12 |
| VAT shown by the broker | 11% of trading fee plus JFX fee | The page’s published calculation basis.Source 12 |
| Foreign pass-through fees | Additional SEC / FINRA / CAT entries appear | The table and its worked examples conflict, so a single accurate current total cannot be reconstructed from them.Source 12 |
Transfer terms10
US share funding charges
| Action | Published charge / minimum | Scope |
|---|---|---|
| IDR-to-USD funding conversion | 0.3% plus applicable VAT | The introductory US-share FAQ’s conversion charge; not a universal futures deposit fee.Source 10 |
| US-share withdrawal | USD 2, with VAT described by the introductory FAQ | Separate from ordinary futures instant withdrawals.Source 11Source 10 |
| Provider withdrawal minimum | USD 10 | Applies despite the help article saying the broker itself imposes no minimum.Source 11 |
Two regulator records resolve part of the US-share fee discrepancy: the SEC covered-sales rate became US$20.60 per US$1 million on 4 April 2026, and FINRA suspended its equity Trading Activity Fee for 1 October–31 December 2026. These are regulatory assessment rates, not confirmation of Valbury’s total PALN customer debit. Valbury’s August fee table and worked examples still disagree over CAT and other inputs; a reliable all-in PALN total cannot be reconstructed from that page.[22][23][12]
Execution & trading rules
Sections ↑Platforms & products11
Available trading interfaces
| Interface | Published functionality | Scope |
|---|---|---|
| Valbury app | Trading, account management, demo access, signals and live chat | Native mobile workflow.Source 6 |
| Valbury Web | Built-in TradingView charts, more than 100 indicators, dashboard and journal | Indicator settings synchronise across tablet and smartphone.Source 6 |
| MetaTrader 4 | Desktop platform is explicitly listed | A generic feature-comparison icon does not establish every automation feature on every interface.Source 6 |
Specifications12
Futures dynamic leverage
Specifications13
US share order behaviour
| Order or condition | Published handling | Consequence |
|---|---|---|
| Limit order | Good until cancelled; filling depends on executable liquidity. | Touching the limit does not guarantee execution.Source 13 |
| Buy stop | Converted to stop-limit: 4% above a stop below USD 50, or 2.5% above a stop at least USD 50. | This differs from a guaranteed market fill after the trigger.Source 13 |
| Negative cash | Can arise from fees or price movement; add funds or sell holdings. | The guide permits liquidation if the deficit remains by its third-business-day deadline.Source 13 |
The facts14
Execution and disruption
| Measure | Value | Context |
|---|---|---|
| Bilateral counterparty | PT Halim Mitradana Internasional | The published client terms identify this SPA organiser as the quoted-price source and the counterparty to bilateral transactions. It is not the customer’s brokerage account provider.Source 5 |
| Unreceived confirmation | Call the broker and follow with written notification | The client terms specify this escalation if no email/system confirmation arrives within 2 × 24 hours. This is not an instruction to wait before reporting an urgent problem.Source 5 |
| Disputed app transaction | Object within two calendar days under the app terms | Keep the order ID, account statement and correspondence. The reviewed terms do not establish emergency telephone trade execution.Source 4 |
Deposits, withdrawals & transfers
Sections ↑Transfer terms15
Futures funding methods
| Method | Published operation | Conditions |
|---|---|---|
| Manual bank transfer | Create a top-up request and follow the bank instructions | Bank-specific segregated accounts are listed by the company.Source 7 |
| Virtual account | Automatic identification; published daily maximum IDR 10m | Maintenance can delay crediting.Source 7 |
| Virtual-account monthly limit | The help page prints IDR 20m numerically but IDR 25m in words | Use the actual current in-app limit; the conflicting page cannot establish a single monthly ceiling.Source 7 |
Process16
Futures withdrawal routes
| Route | Published terms | Timing limitation |
|---|---|---|
| Normal app / Client Area request | Submit a withdrawal request for the selected balance | Requests in the stated 08:00–11:00 window are processed before 13:00; the article does not label a time zone.Source 8 |
| Outside normal window | Next business-day processing | Processing is distinct from arrival at the receiving bank.Source 8 |
| Instant withdrawal | BCA or BRI, no open positions and no pending orders | First eligible request per client daily; maximum published amount IDR 50,000,001.Source 9 |
| Instant exclusions | Saturday, Sunday, national holidays and Monday before 06:00 | Bank/system problems or unmet requirements switch the request to manual handling.Source 9 |
Transfer terms17
US share cash and currency conversion
| Item | Published treatment | Scope |
|---|---|---|
| IDR/USD conversion | Payment provider’s live rate during business-day 09:00–15:00 WIB; last applicable rate outside that window | Deposit and withdrawal conversion rates can differ.Source 11 |
| Available withdrawal cash | Settled proceeds less pending buy reservations | Selling a holding is not the same as having withdrawable settled cash.Source 11 |
| Recipient | Same-name bank account | Provider processing and bank transfer apply after eligibility checks.Source 11 |
Protection & regulation
Sections ↑Broker essentials18
The Indonesian provider
| Measure | Value | Context |
|---|---|---|
| Legal entity | PT Valbury Asia Futures | Bappebti, BI and OJK relationships are recorded separately; the published OJK S-124 reference is an approval in principle.Source 15 |
| Exchange and clearing memberships | JFX/BBJ, KBI, ICDX and ICH | Memberships serve different functions from regulatory permissions. New ICDX/ICH memberships are dated June 2026 in the company disclosure.Source 15 |
Protections & eligibility19
Client money and product-specific protection
| Arrangement | Evidence | Boundary |
|---|---|---|
| Segregated client accounts | The company lists separate IDR and USD client-money bank accounts. | Separation does not establish a guaranteed reimbursement amount.Source 14 |
| Negative balance protection | The current company page advertises protection. | The reviewed page does not supply full contractual eligibility/exclusions; the US-share guide separately requires clearing negative cash.Source 14Source 13 |
| Insurance limit | No named insurance contract or per-client/aggregate limit established | The profile makes no private insurance or automatic foreign investor-compensation claim.Source 14Source 10 |
Opening an account & support
Sections ↑Official support channels
Customer serviceTelephone
Customer service emailEmail
Help centre and ticket routeWebsite
https://support.valbury.co.id/support/homeSource 4
Scope Search product-specific help and submit a ticket
WhatsApp and officesWebsite
Valbury advertises live chat around the clock. Its February 2026 complaints guide starts with customer service, then directs the client to Bappebti’s online complaint system, broker discussion and exchange mediation, with court or commodity-futures arbitration as further routes. The appropriate regulator and forum depend on the product; the guide’s presence does not extend commodity jurisdiction to every securities or FX derivative.[6][16]
Additional services
Sections ↑Availability20
Research and account services
| Service | Published offering | Control or condition |
|---|---|---|
| Trading Central / Acuity | Signals and sentiment analysis | These are research inputs; no broker-operated automatic copy mandate or disconnect procedure is established.Source 14 |
| Valbury research | Daily reports, weekly outlook and session analysis linked from the news page | Check the report date and product; a recommendation is not an order already executed.Source 19 |
| Demo | USD 10,000 virtual balance with top-up capability | Practice access does not establish live execution quality.Source 6 |
| Relationship manager | Sirius and Vega include the service | Customers remain responsible for their own transactions and credentials.Source 1Source 4 |
The facts21
Valbury Coin is conditional
| Measure | Value | Context |
|---|---|---|
| Eligibility | New app customers who have never had a live account | Complete the ordered demo, live-account and funding tasks; finish at least 0.5 closed lots through the live app within the programme period.Source 17 |
| Claim and expiry | Claim the reward through the programme button | The published sequence uses a 30-day completion/expiry period. Account crediting does not by itself establish immediate unrestricted cash withdrawal.Source 17 |
Company background & evidence
Sections ↑Event timeline22
History without merging separate companies
| Date | Published history | Scope |
|---|---|---|
| 1990 | The group history begins with PT Halim Danamas International. | This is not the foundation date of the present VAF legal entity.Source 15 |
| 2003 | Valbury Asia Futures established as a separate futures-market entity. | Used as the company’s founding reference here.Source 15 |
| 2022 | Launch of Valbury app and expansion into US-share access through Gotrade affiliation. | The current profile covers Valbury’s named app/account terms; it does not transplant another brand’s tariff.Source 15 |
Business and employment routes
Office directoryWebsite
CareersWebsite
https://valbury.co.id/careers/Source 20
Scope Published employment opportunities and role descriptions
- Headquarters
- Jakarta, Indonesia
- Founded
- 2003 (VAF entity; earlier group roots)
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
PT Valbury Asia Futures
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Badan Pengawas Perdagangan Berjangka Komoditi184/BAPPEBTI/SI/II/2003 | Authorised | Checked 12 Oct 2026The official Bappebti firm record matches the company and futures-broker licence. BI and OJK product permissions remain separately scoped.Source 21 |
| Bank Indonesia28/307/DPPK/Srt/B | Not verified | Checked 12 Oct 2026Company disclosure dated 17 March 2026; another corporate page still displays 27/415/DPPK/Srt/B dated 7 July 2025. The relationship and exact current conditions require authority confirmation.Source 15Source 14 |
| Otoritas Jasa KeuanganS-124/PM.02/2025 | Not verified | Checked 12 Oct 2026Explicitly described as approval in principle for a financial-derivative securities intermediary, dated 17 March 2025. Not presented as independently verified final authorisation.Source 15Source 14 |
Additional Information
Sections ↑The facts23
Ending or leaving an account unused
| Measure | Value | Context |
|---|---|---|
| Contract termination | Close open positions and settle outstanding obligations first | Termination does not extinguish liabilities already incurred.Source 5 |
| Inactivity versus suspension | The reviewed app terms allow freezing/closure for misuse or breach | That is different from a quantified charge or automatic timer solely for not trading; those inactivity particulars remain unestablished.Source 4Source 5 |
Sources & further reading
- Alpha, Sirius and Vega account comparison PT Valbury Asia Futures · Accessed 12 Oct 2026
- Futures products, instrument spreads and dynamic leverage PT Valbury Asia Futures · Accessed 12 Oct 2026
- Initial deposit and later top-up minimums PT Valbury Asia Futures · Accessed 12 Oct 2026
- Valbury app Terms of Service PT Valbury Asia Futures · Accessed 12 Oct 2026
- Published client and transaction terms PT Valbury Asia Futures · Accessed 12 Oct 2026
- Valbury app, Valbury Web and MetaTrader 4 PT Valbury Asia Futures · Accessed 12 Oct 2026
- Top-up methods and virtual-account limits PT Valbury Asia Futures · Accessed 12 Oct 2026
- How normal withdrawals are requested and processed PT Valbury Asia Futures · Accessed 12 Oct 2026
- Instant withdrawal terms and conditions PT Valbury Asia Futures · Accessed 12 Oct 2026
- US share product: PALN and the foreign custodian arrangement PT Valbury Asia Futures · Accessed 12 Oct 2026
- US share funding, conversion, settlement and withdrawals PT Valbury Asia Futures · Accessed 12 Oct 2026
- Detailed US share fee schedule, updated 4 August 2026 PT Valbury Asia Futures · Accessed 12 Oct 2026
- US share order types and negative-cash treatment PT Valbury Asia Futures · Accessed 12 Oct 2026
- Company history, protection statements and permissions PT Valbury Asia Futures · Accessed 12 Oct 2026
- Additional company history and 2026 permission disclosures PT Valbury Asia Futures · Accessed 12 Oct 2026
- Customer complaint process and escalation PT Valbury Asia Futures · Accessed 12 Oct 2026
- Valbury Coin terms and claim sequence PT Valbury Asia Futures · Accessed 12 Oct 2026
- Official offices and contact channels PT Valbury Asia Futures · Accessed 12 Oct 2026
- Market news and Valbury research reports PT Valbury Asia Futures · Accessed 12 Oct 2026
- Official careers and vacancies PT Valbury Asia Futures · Accessed 12 Oct 2026
- Official Bappebti record for PT Valbury Asia Futures Badan Pengawas Perdagangan Berjangka Komoditi · Accessed 12 Oct 2026
- SEC fee-rate advisory effective 4 April 2026 U.S. Securities and Exchange Commission · Accessed 15 Oct 2026
- FINRA temporary equity TAF suspension for Q4 2026 U.S. Securities and Exchange Commission · Accessed 15 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.