Finex (PT Finex Bisnis Solusi Futures) is a local Indonesian broker, highly rated for providing secure brokerage services with real presence in Indonesia. What makes Finex stand out is that it is regulated by BAPPEBTI, is a member of PT Kliring Berjangka Indonesia (KBI), and holds licenses for futures contracts and online trading. The firm stores 70% of client funds at KBI and keeps the remainder in segregated accounts regulated under BAPPEBTI — a setup that underscores its commitment to transparency and fund safety.
Finex also emphasizes speed: transactions are claimed to be processed in about 15 minutes. Finex It maintains a physical office in Jakarta (SOHO Pancoran Towers Plendor, unit LT.30) for clients who prefer direct consultation. Among its recognitions, Finex is described as “The Best Forex Broker Indonesia” in 2016 by Global Banking and Finance Review.
This review evaluates Finex’s regulatory status, account offerings, trading conditions, platform tools, deposit/withdrawal policies, and overall strengths and limitations. The goal is to provide an objective assessment based solely on publicly available information, without third-party opinions.
Strengths vs Limitations
Below is a comparison table outlining the strengths and limitations of the Finex trading platform. This overview can assist traders in evaluating whether Finex aligns with their trading needs and preferences.
| Strengths | Limitations / Areas for Improvement |
|---|---|
| Low entry barrier The minimum deposit is only USD $10, making it easier for new traders to start. |
Fee transparency While spreads are stated “from 0.5 pip” and commission is $1 per lot, detailed costs per instrument (e.g., by asset class) are not always fully clear. |
| High leverage Up to 1:500 for Forex & metals. |
Risk due to high leverage Such leverage increases both opportunity and potential loss; traders need to understand margin call (50%) and stop-out (20%) rules. |
| Full MT5 platform availability Windows, Web Terminal, mobile (Android / others), plus demo version. |
Verification delays Real‑account verification is required before full access; while often quick, it can take up to ~30 minutes or more depending on documents and business hours. |
| Wide range of instruments 78 tradable assets (Forex, metals, indices, stocks, energy, etc.). |
Potential differences in platform experience Web MT5 or mobile might lag in UI / convenience compared to desktop, especially for certain advanced features. (Not explicitly detailed on site, but common for platforms with many device versions.) |
| Quick deposit processing & low withdrawal threshold Deposits often processed in around 15 minutes; minimum withdrawal is USD $1. |
Support hours / response times Not clearly guaranteed for all channels; useful to check real‑user feedback on how quickly issues are resolved in practice. |
Regulation and Licensing of Finex
PT Finex Bisnis Solusi Futures, operating as Finex, is a fully licensed and regulated futures broker in Indonesia. Established in 2012, Finex obtained its brokerage license from the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI) in 2013. This regulatory body operates under the Ministry of Trade of the Republic of Indonesia, ensuring that Finex adheres to the country’s legal and financial standards. As a licensed entity, Finex is committed to providing a secure and compliant trading environment for its clients.
Safety & Client Protection
Finex has put in place several safeguards and procedures to protect your funds and ensure a secure trading environment:
Fund Storage & Regulation.
Around 70% of user funds are held by PT KBI (Kliring Berjangka Indonesia), while the remaining 30% are kept in segregated accounts under the oversight of BAPPEBTI. This split helps ensure that your funds are separate from company operational finances.
Negative Balance Protection.
If market moves rapidly, Finex ensures that your account balance will not go below zero. In other words, you are protected from being required to pay more than your deposited funds.
Verification of Real Accounts.
To access full account functionality (including deposits, withdrawals, and full trading access), Finex requires real‑account verification. This process includes uploading identity documents, verifying bank account details, and possibly face/phone verification.
Timing & Hours for Verification.
Verification requests are processed during business days and hours (08:00‑20:00 WIB). The standard timeframe is less than 24 hours under normal conditions. However, if additional clarification or document review is needed, the process may take up to three business days.
Withdrawal Processing Window.
Withdrawal requests are generally processed relatively quickly — many are handled within 20 minutes to 2 hours during banks’ working hours. Actual duration may vary depending on the bank you use.
Trading Accounts & Conditions
Finex offers one real account type that is built to serve both beginners and more experienced traders. According to the official site, this account includes several features designed to balance flexibility, cost efficiency, and risk control.
Here are the key trading conditions and what they mean for you:
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Minimum deposit is just USD 10.
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Minimum trade volume starts at 0.01 lots.
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Floating spread with rates starting from 0.5 pip.
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Commission is USD 1 per lot.
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Leverage levels depend on the instrument: up to 1:500 for Forex & metals; 1:200 for indices & energy; 1:100 for stocks.
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You get access to 78 trading instruments — across Forex, metals, indices, stocks, and energy.
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An Islamic (Swap‑Free) account is available.
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There are limits too: maximum open orders is 200 positions, and maximum order volume per trade is 50 lots.
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A demo account is created automatically together with your real account. It comes with USD 5,000 virtual funds.
Upon registration, both a demo and a real account are created. The demo account is immediately available for practice, offering full features with no financial risk. To begin trading with the real account, verification is required. This process typically takes up to 30 minutes during business hours. Once verified, you can proceed with live trading.
Platforms & Tools
Finex offers a range of trading platforms to cater to diverse trader preferences and device compatibilities. Whether you’re operating from a desktop, browser, or mobile device, Finex provides accessible and feature-rich options to enhance your trading experience. Below is a comparison of the available platforms, highlighting their key features and system requirements.
| Platform / Version | Main Features | System Requirements / Notes |
|---|---|---|
| MT5 – Windows |
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OS: Windows 2008/7/8/10 or newer.
RAM: at least 256 MB; Storage: ≥ 50 MB. |
| MT5 – Web Terminal |
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Works across all systems/devices with browser and internet access. |
| MT5 – Android |
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Android 4.0 or newer. Storage requirement: approx. 50 MB. |
| Finex Trading App (Mobile) |
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Available on Google Play and Apple App Store. Requires sufficient device storage and internet connection. |
Finex offers a comprehensive suite of trading platforms tailored to meet the diverse needs of traders. Each platform is designed to offer low spreads, fast execution, and access to a wide range of trading instruments, ensuring traders can choose the platform that best suits their trading style and device preferences.
Deposit & Withdrawal
The minimum deposit required to start trading with Finex is USD $10, with no fees charged for deposits or withdrawals. Funds can be deposited in either USD or IDR via major Indonesian banks. Withdrawals are possible starting from USD $1.
Deposit requests are typically processed very quickly — often within 15 minutes, depending on bank transfer and once proof of payment has been submitted. Withdrawals follow regular bank hours and are handled during business days (24/5), excluding national holidays. Usually, 80% of withdrawal requests are completed within 20 minutes to 2 hours.
Demo Account & Education
When you sign up for a Finex real trading account, a demo account is created automatically under the same profile. You’ll find that the demo version has the same features as the real account, except that you trade using virtual funds — it lets you practice without any financial risk.
The demo account includes USD 5,000 in virtual funds, so you can test strategies, try out orders, explore tools and indicators without worrying about losing money.
On the education side, Finex offers a number of resources to help you learn and stay informed:
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Help centre / FAQ articles covering how to use accounts, trading basics, and features like MT5.
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Daily market news and technical analysis, provided through their trading platform and media channels.
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Video analyses and tutorials to help both new and more experienced traders see how to apply different strategies.
Comparison with Competitors
When compared to many regulated Indonesian brokers, Finex stands out in several ways. Its minimum deposit of USD 10 is very low, lowering the barrier for beginners. Also, Finex offers leverage up to 1:500 for forex and metals, which is among the more aggressive offers in the local regulated market.
Another point that gives Finex an edge is its wide selection of tradable assets — 78 instruments including forex pairs, indices, metals, stock & energy instruments. These factors tend to be better than what some peers offer, especially those with higher deposit minimums, more limited leverage, or fewer instrument options.
Of course, exact comparisons depend on which brokers you consider: some may offer more account types, different fee structures, or stronger promotional offers. But purely from a baseline of deposit, leverage, and instruments, Finex is very competitive among regulated brokers in Indonesia.
Recommendations for Different Trader Types
Beginners
For those just starting, Finex offers attractive conditions: the minimum deposit is USD $10, and when you open an account you automatically receive both a demo and a real account. The demo version includes USD $5,000 in virtual funds so you can learn without risking real money. Account verification is required before live trading. Typically verification is processed within 24 hours during working days, though sometimes it may take up to three business days if more documents are needed.
Experienced Traders
If you are more advanced, Finex provides leverage up to 1:500 for forex and metals, spreads floating from approximately 0.5 pip, and a full range of 78 tradable instruments including forex pairs, indices, stocks, energy. These conditions help support refined trading strategies. Be aware that risk is higher with larger leverage, and you should check how platform performance holds up on different devices and in different market conditions.
Islamic / Swap‑Free Traders
Traders following Sharia principles will find Finex accommodating: all real trading accounts are swap‑free by default once the account is verified. “Swap‑free” means no overnight swap fees apply, which aligns with Islamic finance requirements. You do need to make sure your account is verified to enjoy this feature.
Conclusion
Finex presents a compelling mix of features for a wide range of traders. It lowers the barrier to entry with a minimal deposit requirement of USD $10 and provides both demo and live accounts, allowing newcomers to explore trading without risk. More advanced traders benefit from high leverage (up to 1:500 for Forex and metals), floating spreads starting around 0.5 pip, and access to 78 tradable instruments. In terms of operations, Finex supports prompt deposit processing and maintains a low withdrawal threshold, contributing to its practical usability.
At the same time, there are areas where clarity could improve. Details about fee structure by individual instrument or condition are not always fully itemized. Verification and withdrawal processes—while generally efficient—can depend on documentation and bank hours, possibly causing delays. For traders sensitive to platform performance or relying on precise trading tools, experiences may differ across mobile, web, and desktop platforms.
Ultimately, if you plan carefully—understanding any leverage-related risk, verifying account documents ahead of time, and choosing the platform version that best fits your hardware—you’ll likely find Finex to be a solid option.