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Bappebti: Indonesian commodity-futures brokers, register checks and complaints

How to check an Indonesian futures broker, distinguish a broker licence from exchange membership and segregated-account details, and account for the 2025 transfer of financial-derivatives supervision to BI and OJK.

By FXBrokers.ai ResearchIndonesiaPublished Updated Sources checked

Authority and scope

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Bappebti is the Indonesian Ministry of Trade’s commodity-futures supervisory agency. Its futures-broker directory and firm records provide a starting point for checking a local legal entity, while current notices and permission changes need to be read alongside the listing.[1][3]

Authority
Badan Pengawas Perdagangan Berjangka Komoditi
Jurisdiction
Indonesia
Remit
Indonesia’s commodity-futures regulator under the Ministry of Trade; broker registration, market oversight and customer complaint processes within its remit.

Registers and permission checks

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Entities & regulation01

Read the broker record carefully

Read the broker record carefully
FieldWhat it establishes
Legal companyMatch the Indonesian company in the customer agreement, including any former names.Source 2
Business licenceCompare the exact futures-broker licence reference and company identity.Source 2
Separate approvalsAn alternative-trading-system approval and exchange or clearing membership are separate facts from the core business licence.Source 2
Segregated-account informationCompare official payment details with the broker’s authenticated funding instructions. The listing is not a promise that every payment request using the brand is genuine.Source 2
Current noticesCheck for restrictions, suspension, revocation or a change of name. A historical licence number alone does not prove current status.Source 1

Open the official register

Check the exact legal entity, permissions, current status and scope in the official record. A brand connection in our coverage does not establish authorisation.

Rules for firms and products

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Entities & regulation02

Indonesian supervisory split

Indonesian supervisory split
Product segmentAuthority context
Commodity-futures activitiesCheck Bappebti’s current broker permissions and relevant exchange/clearing arrangements.Source 1
Money-market and FX derivativesPUVA financial-derivatives oversight moved to Bank Indonesia on 10 January 2025.Source 5
Securities-underlying derivativesOJK’s 6 October 2025 notice confirms complete transfer of this remit including the relevant PALN arrangements.Source 6

Client assets and protections

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The broker record’s segregated-account details help identify the account designated for customer funds. They should be matched to the authenticated payment instruction for the named company. A listed account or exchange membership is not, by itself, a guarantee that trading losses or a deficit after insolvency will be reimbursed.[2]

Complaints and redress

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Process03

Customer routes and limitations

Customer routes and limitations
ItemPractical use
Online complaintsBappebti’s official portal is for customers; its FAQ identifies issues such as misleading promises, unauthorised instructions and onboarding failures.Source 4
Supporting evidenceRetain the agreement, transaction records, payment evidence and correspondence to explain the dispute. Identify the product so it reaches the appropriate authority.Source 4
Broker assessmentsThe Ministry published a first-quarter 2026 broker assessment. Such an assessment is not an investment recommendation, compensation entitlement or guarantee against losses.Source 3

Bappebti’s customer portal refers to Regulation 4/2020 on commodity-futures customer dispute resolution. Its listed complaint subjects are concrete: misleading profit promises, trading without the customer’s written instruction, margin paid before the agreement, and onboarding or demonstration accounts completed by someone other than the customer.[4]

Process04

Build a transaction-specific complaint

Build a transaction-specific complaint
SubjectWhat it means
Who can use it?The portal is for customers trading through a futures-broker-managed account.Source 4
Unauthorised orderIdentify the order, date and instruction record; distinguish the broker representative’s action from a trade placed by the customer.Source 4
Onboarding or margin disputeAttach the agreement date, registration evidence and payment date to show the sequence.Source 4
Track the submissionRetain the complaint number; the portal provides a status search.Source 4

Official contacts and resources

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Customer complaint and jurisdiction resources

Bappebti portalWebsite
https://pengaduan.bappebti.go.id/Home/FaqSource 4

Scope Complaint categories, procedure reference, telephone details and status search.

BI product boundaryWebsite
https://www.bi.go.id/id/publikasi/peraturan/Pages/PADG_262025.aspxSource 5

Scope Use for current money-market/FX derivative scope rather than assuming all products remain with Bappebti.

Customer complaints

Bappebti customer complaint FAQ

Responsible body
Bappebti
Scope
Customer eligibility, Regulation 4/2020, examples of misconduct and complaint-status tracking.
Resource availability
Available
Checked
Source 4
Rulebook

BI PUVA derivatives regulation

Responsible body
Bank Indonesia
Scope
FX/money-market derivatives transferred on 10 January 2025.
Resource availability
Available
Checked
Source 5

Resource availability describes the documented route. It does not establish eligibility, authorisation or compensation coverage.

Report misconduct, scams or a clone

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This profile has not yet established the applicable procedure, receiving body and eligibility for this task. Consult the authority’s official resources and check your firm, product and circumstances before acting.

Compensation & firm failure

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This profile has not yet established the applicable procedure, receiving body and eligibility for this task. Consult the authority’s official resources and check your firm, product and circumstances before acting.

Follow the evidence

Sources & further reading

  1. Official futures-broker directory Badan Pengawas Perdagangan Berjangka Komoditi · Accessed 12 Oct 2026
  2. Example official firm record and licence fields Badan Pengawas Perdagangan Berjangka Komoditi · Accessed 12 Oct 2026
  3. 2026 first-quarter futures-broker assessment Ministry of Trade, Indonesia · Accessed 12 Oct 2026
  4. Official online-complaint FAQ Badan Pengawas Perdagangan Berjangka Komoditi · Accessed 15 Oct 2026
  5. Transfer of PUVA derivatives oversight to BI Bank Indonesia · Accessed 15 Oct 2026
  6. OJK handover including securities-underlying PALN Otoritas Jasa Keuangan · Accessed 12 Oct 2026

A documented resource is not a finding of eligibility or compensation coverage. Consult the named body and current official terms for your firm, product and circumstances.

Report an error or submit an update

Covered broker profiles

Profiles connected to this authority in our coverage. This is not a complete official register or a list of approved brokers; see each entity’s dated status.

Forex & CFD

Finex

Finex’s Indonesian account combines MT5 trading and local-bank funding. This profile covers opening, commission and contract conventions, margin, withdrawal checks, records and protection, including differences between current product pages and the older trading rules still linked by the broker.

Operating status
Active
Sources checked
13 Oct 2026
Read the profile of Finex
Futures

HSB Investasi

Micro, Standard and Premium accounts, Indonesian eligibility, fixed-rate deposits, instant and manual withdrawals, strategy restrictions, Top Trader limitations and the published negative balance policy.

Operating status
Active
Headquarters
Jakarta, Indonesia
Sources checked
12 Oct 2026
Read the profile of HSB Investasi
Multi-asset

Inter Pan Pasifik Futures

Inter Pan’s identity is supported by Bappebti and ICDX records, and its official site now publishes 2025 OJK and Bank Indonesia references alongside older futures permissions. The domestic broker offers MT5 and exchange/bilateral market routes, but its public material does not supply a complete current trading tariff.

Operating status
Active
Sources checked
29 Oct 2026
Read the profile of Inter Pan Pasifik Futures
Futures

MIFX

Five MIFX account plans compared, including fixed-rate funding, Multilateral lot conventions, MT5 commission rounding, verification limits, instant withdrawals and the person-wide negative balance policy.

Operating status
Active
Headquarters
Jakarta, Indonesia
Sources checked
12 Oct 2026
Read the profile of MIFX
Futures

Valbury

Alpha, Sirius and Vega plans, instrument spread displays, onboarding, bank withdrawals and leverage, with separately scoped PALN US-share ownership, fees, settlement and client-protection limits.

Operating status
Active
Headquarters
Jakarta, Indonesia
Sources checked
15 Oct 2026
Read the profile of Valbury