Trading environment
Slippage, stability, execution and pricing anomalies
Public review signals—Weight 22%
MIFX
BAPPEBTICommodity Futures Trading Regulatory AgencyPT Monex Investindo Futures, trading as MIFX, is an Indonesian futures broker founded in 2000 and licensed by BAPPEBTI. It offers forex, commodity and index derivatives through MIFX, MT4 and MT5.
Last verified: Aug 20, 2026Sources and audit trail
Overview
PT Monex Investindo Futures, trading as MIFX, is an Indonesian futures broker founded in 2000 and licensed by BAPPEBTI. It offers forex, commodity and index derivatives through MIFX, MT4 and MT5.
TraderVote user rating
0.0/10
Trader reviews
0
Regulation
Regulated (basic)
Main regulators
BAPPEBTIMain strengths
Main risks
Not enough reviews to assess risk themes
Building sampleUpdated Aug 31, 2026
AI web composite score
Five web-reputation dimensions plus one objective regulatory dimension for MIFX
Web reputation 75% —Regulation 25% 4.5
—/ 10Insufficient sample
Not included in formal rankings yetThe number of real sources or effective samples has not reached the publication threshold. Missing dimensions are left unscored rather than filled with zero or a neutral value.
Data confidence0% · Low
Deposits & withdrawals
Funding speed, withdrawals, checks and payment methods
Public review signals—Weight 18%
Customer service
Response time, expertise and complaint handling
Public review signals—Weight 13%
Trading costs
Spreads, commissions, swaps and hidden charges
Public review signals—Weight 18%
Sales conduct
Promotion terms, sales pressure and return claims
Public review signals—Weight 4%
Regulation & compliance
Scoring rulesReview sentiment is excluded. Licence quality accounts for 60%, jurisdiction coverage 25%, and Tier-1 diversification 15%. Additional licences have diminishing returns, while enforcement actions or licence suspensions may reduce the score.View full methodology →Licence quality, jurisdiction breadth and regulatory diversification
Objective regulatory facts4.5Weight 25%
There are not yet enough classified public signals to calculate a reputation score.
| Dimension | Score | related mentions |
|---|---|---|
| Trading environment | — | 0 |
| Deposits & withdrawals | — | 0 |
| Customer service | — | 0 |
| Trading costs | — | 0 |
| Sales conduct | — | 0 |
| Regulation & compliance | 4.5 | 1 |
Products
- Forex derivatives across major and selected cross pairs
- Gold, silver and crude-oil derivatives
- Asian and US index derivatives
- Multilateral exchange products
Accounts
- Ultra Low: IDR 500,000 minimum, spreads from 0.3 pips and USD 10 settled-lot commission
- Standard: IDR 500,000 minimum, spreads from 1.8 pips and USD 1 settled-lot commission
- Pro: IDR 100,000,000 minimum, spreads from 0.3 pips and USD 5 settled-lot commission
- Pro Rebate: IDR 100,000,000 minimum, spreads from 1.8 pips, USD 1 settled-lot commission and a volume-based rebate programme
- Multilateral: IDR 1,000,000 minimum and exchange-product specifications
Platforms and tools
- MIFX mobile app on Android and iOS supports registration, account management, market analysis and 24/5 trading. For Multilateral accounts, the official comparison lists funding, withdrawal and internal transfer in the app, but not in-app trading.
- MetaTrader 4 and MetaTrader 5 are available on Android, iOS, Windows and macOS; the Multilateral account is listed as MT5-only.
- MIFX provides real-time signals, one-click chart trading, sentiment analysis and market-mover tools. Autochartist and Trading Central are premium tools subject to minimum-deposit and account conditions.
Funding currencies
IDRUSD
Support and availability
Customer support is available 24 hours from Monday to Friday by email at support@mifx.com and chat-only WhatsApp at 0821 1178 1198. Live chat and call-centre service at 021-50996650 run Monday to Friday from 06:00 to 22:00. MIFX lists a Jakarta head office and branches in several Indonesian cities.
MIFX services are subject to Indonesian law and local customer onboarding. Product, account and high-leverage eligibility are determined in the official account flow.
Regulation
Regulators
PT Monex Investindo Futures
Indonesia · BAPPEBTI
- Regulators
- BAPPEBTI
- Licence / registration number
- 178/BAPPEBTI/SI/I/2003
Client protection
BAPPEBTI lists segregated client accounts in IDR and USD. The company is also a member of the relevant futures exchanges and clearing institutions. These arrangements support custody and settlement but do not reimburse normal trading losses.
View protection details
BAPPEBTI lists segregated client accounts in IDR and USD. The company is also a member of the relevant futures exchanges and clearing institutions. These arrangements support custody and settlement but do not reimburse normal trading losses.
SPA approval 1273/BAPPEBTI/SP/6/2007; JFX member SPAB-044/BBJ/03/02; ICDX member 010/SPKB/ICDX/DIR/III/2010; KBI member 14/AK-KBI/III/2003; ICH member 003/SPKK/ICH-MIF/VII/2017. MIFX also publishes OJK letter S-126/PM.02/2025 and Bank Indonesia letter 28/127/DPPK/Srt/B for financial derivatives with securities as underlying assets; these do not replace the BAPPEBTI futures-broker licence.
Official record ↗Trading conditions
- Spreads from
- 0.3 pips
- Max leverage
- 1:500
- Execution
- MIFX states that customer orders use market execution without r…
- Commission
- Ultra Low USD 10, Standard and Pro Rebate USD 1, Pro USD 5 per…
- Platforms
- MIFX App · MT4 · MT5
- Minimum initial deposit
- IDR 500,000 for Ultra Low and Standard; IDR 1,000,000 for Multilateral; IDR 100,000,000 for Pro and Pro Rebate.
- Spreads
- Published account-level starting spreads range from 0.3 pips to 1.8 pips; Multilateral starts from 0.6 pips. Live product pricing varies.
- Commission
- Ultra Low USD 10, Standard and Pro Rebate USD 1, Pro USD 5 per settled lot; Multilateral starts from USD 20 per settled lot.
- Published standard leverage
- The official account comparison publishes 1:100 for Ultra Low, Standard, Pro, Pro Rebate and Multilateral accounts. The separately enabled High Leverage feature is subject to additional equity, product and timing rules.
- Execution
- MIFX states that customer orders use market execution without requotes or execution delay. Multilateral products follow the applicable exchange specifications, and orders remain self-directed through the selected platform.
- Maximum leverage
- The highest publicly verified leverage is 1:500 after enabling High Leverage for eligible forex and commodity accounts with combined eligible equity below USD 50,000. It is not universal: equity of USD 50,000 or more reduces it to 1:200, USD 100,000 or more to 1:100; it does not apply to Multilateral or index products, and gold/oil can revert to 1:100 near weekend close.
- Margin call and automatic close-out
- Under High Leverage, margin-call levels are 100% at 1:100 and 150% at 1:200 or 1:500. Automatic close-out is 20%, 50% and 100% respectively. Product and special-period rules can override these levels.
- Negative balance protection
- MIFX states that negative balance protection keeps the account balance from remaining below zero after all positions are closed. It does not protect deposited funds from market losses.
- Swap-free programme
- Eligible live accounts may request the MIFX Promo Swap. It covers qualifying overnight positions up to an aggregate 5 lots; positions held longer than five trading days incur the published storage fee every five trading days. Multilateral accounts are not shown as eligible in the account comparison.
- Pro Rebate programme
- The detailed terms for Pro Rebate accounts opened since 1 March 2022 publish USD 3 per lot side below 499.99 lots, USD 4 at 500–999.9 lots and USD 5 above 1,000 lots. The same page also markets up to USD 10 and contains conflicting daily-versus-monthly payment wording, so clients should confirm the applicable credit schedule before relying on it.
Futures and leveraged derivatives can produce rapid losses. The displayed 1:500 is the highest verified capability under specific equity, product and account conditions, not a universal account setting.
Payments
Deposits
1 methods| Method | Minimum | Processing | Fee |
|---|---|---|---|
| Virtual account or bank transfer to a segregated accountIDR · USD | Initial deposit from IDR 500,000 | Virtual-account deposits are… | No universal broker fee was confirmed |
Withdrawals
1 methods| Method | Minimum | Processing | Fee |
|---|---|---|---|
| Withdrawal to the registered bank accountIDR · USD | No public universal minimum confi… | Requests before 11:30 for IDR… | No universal broker fee was confirmed |
Accounts or cards must be in the client’s name. Availability, limits and checks depend on the contracting entity.
Promotions
Active offers and promotions from MIFX
MIFX August 2026 Welcome Bonus
Up to 5,000 MIFX Rewards points across the published first-trade and cumulative-volume missions; points can be redeemed for items available in MIFX Rewards.
Eligible new Ultra Low and Standard clients can earn bonus MIFX Rewards points for a first trade and cumulative side-lot milestones.
Eligibility: New Ultra Low or Standard clients with an initial deposit of at least IDR 500,000 during 1–31 August 2026; official programme terms apply.
Official terms ↗MIFX Promo Swap
Qualifying overnight positions up to an aggregate 5 lots receive the swap treatment. A storage fee applies every five trading days after a qualifying position has remained open for more than five trading days.
Eligible live accounts can request swap-free treatment for qualifying overnight positions within the programme limit.
Eligibility: Available by activation for eligible MIFX live accounts; the account comparison lists Ultra Low, Standard, Pro and Pro Rebate as requestable, but not Multilateral.
Official terms ↗MIFX Pro Rebate programme
For accounts opened since 1 March 2022, the detailed tiers publish USD 3–5 per lot side. The page also advertises up to USD 10 and conflicts on payment timing, so the applicable amount and credit schedule must be confirmed with MIFX.
Pro Rebate clients may receive a progressive rebate based on monthly side-lot volume under the detailed published tiers.
Eligibility: Pro Rebate live account with an initial deposit of at least IDR 100,000,000; account and programme terms apply.
Official terms ↗Sources and audit trail
Last verified: Aug 20, 2026
- BAPPEBTI broker record — PT Monex Investindo FuturesAug 20, 2026
- MIFX company and legal informationAug 20, 2026
- MIFX official website disclosuresAug 20, 2026
- MIFX account and product comparisonAug 20, 2026
- MIFX online trading platformsAug 20, 2026
- MIFX trading toolsAug 20, 2026
- MIFX contact and office informationAug 20, 2026
- MIFX live account typesAug 20, 2026
- MIFX High Leverage rulesAug 20, 2026
- MIFX deposit instructionsAug 20, 2026
- MIFX withdrawal processing timeAug 20, 2026
- MIFX August 2026 Welcome Bonus termsAug 20, 2026
- MIFX Promo Swap termsAug 20, 2026
- MIFX Pro Rebate termsAug 20, 2026
How this company uses TraderVote
Company participation and regulatory verification are displayed separately.
Company access allows replies and verified change requests. It cannot edit user ratings, remove reviews or directly change TraderVote regulatory scores.
Trader reviews
From 0 verified traders
No reviews yet.