Finex Review 2026 — Indonesia’s Licensed Forex Broker
Indonesia's trusted licensed forex broker · Est. 2012 · Indonesia
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Safe, local choice for Indonesian retail traders
Finex suits Indonesian-speaking traders seeking a regulated domestic broker with low spreads and accessible leverage. Its strongest point is full BAPPEBTI and OJK licensing plus 24/7 local support—a genuine advantage for navigating Indonesian compliance and language barriers. The main limitation is its tier-3 regulatory tier and limited global recognition, which may concern international traders. We recommend Finex if you’re based in Indonesia and value local regulatory oversight and native-language customer support.
- ✓ Fully licensed by BAPPEBTI and OJK Indonesia
- ✓ Zero commission and tight variable spreads
- ✓ Leverage up to 1:500 with just $10 minimum
- ✓ 24/7 support via live chat, WhatsApp, and email
- ✕ Tier-3 regulation limits international recognition
- ✕ Smaller broker with less market share globally
| Regulation | BAPPEBTI, OJK |
| Founded | 2012 |
| Headquarters | Indonesia |
| Minimum Deposit | $10 |
| Maximum Leverage | 1:500 |
| EUR/USD Spread | Variable |
| Trading Platforms | MT5, Mobile App |
| Instruments | 78 assets |
| Deposit Methods | Bank transfer, E-wallet, Card |
| Withdrawal Time | 20 minutes–same-day |
| Customer Support | 24/7 in Indonesian |
| Website | Visit Site ↗ |
Capital at risk. CFD trading involves significant risk. This may be an affiliate link.
Our Full Rating Breakdown
We’ve scored Finex across five core pillars: regulation strength, competitiveness of fees, platform quality, instrument variety, and funding efficiency. Our methodology weighs regulation highest, since client safety underpins everything. Scores range from 3.0 to 5.0 in 0.1-point increments.
Is Finex Regulated & Safe?
Finex holds full licensing from BAPPEBTI (Indonesia’s commodity futures regulator) and operates under OJK (Financial Services Authority) oversight. As a tier-3 jurisdiction broker, Finex doesn’t carry the same global regulatory weight as FCA or ASIC licensees, but Indonesian domestic regulation provides real client protections and AML/KYC enforcement. The broker has operated safely since 2012 with millions of client transactions executed annually.
| Regulator | BAPPEBTI & OJK (Indonesia) ~ |
| License Number | Registered futures broker ✓ |
| Tier | Tier 3 (Domestic) ~ |
| Client Fund Segregation | Yes, segregated accounts ✓ |
| Compensation Scheme | Not stated ~ |
| Negative Balance Protection | Yes, enforced ✓ |
| Founded | 2012 ✓ |
| Headquarters | Indonesia ✓ |
Finex’s tier-3 regulation is solid for Indonesian traders but carries less global legal standing than FCA or ASIC; if you trade internationally, verify your own jurisdiction’s recognition of Indonesian licensing.
Fees, Spreads & Commissions
Finex charges zero commission on all trades and features variable spreads that remain competitive across forex majors, commodities, and indices. There are no hidden withdrawal fees or account maintenance charges. Swap fees apply overnight, in line with market practice, and deposit fees are waived for all Indonesian bank transfers.
| Instrument | Finex Standard | Finex Pro | IC Markets Std ℹ |
|---|---|---|---|
| EUR/USD | 1.2–1.8 | 0.8–1.2 | 0.1 |
| GBP/USD | 1.8–2.4 | 1.2–1.8 | 0.3 |
| USD/JPY | 1.5–2.0 | 0.9–1.4 | 0.2 |
| Gold XAUUSD | 0.20–0.35 | 0.15–0.25 | 0.12 |
| Oil USOIL | 0.05–0.08 | 0.03–0.05 | 0.03 |
Finex publishes all spreads and commissions upfront; no surprise charges on deposits or account maintenance.
Overnight swap fees are charged at market rates and vary by instrument; check the broker’s swap schedule before opening large overnight positions.
Account Types Explained
Finex offers two main account types: a Standard account for beginners and occasional traders, and a Pro account targeting active traders and scalpers. Both come with the same 1:500 leverage, zero commission, and full instrument access. The key difference is minimum deposit and spread width; Standard suits retail traders with modest starting capital, while Pro caters to higher-volume traders seeking tighter spreads.
- Ideal for beginners
- Zero commission
- Instant execution
- Tighter spreads for active traders
- Zero commission structure
- Fast STP execution
Account Comparison
| Feature | Standard Account | Pro Account |
|---|---|---|
| Min Deposit | $10 | $500 |
| Spread From | 1.2 pips | 0.8 pips |
| Commission | $0 | $0 |
| Leverage | 1:500 | 1:500 |
| Instruments | 78 assets | 78 assets |
| Best For | Beginners | Active traders |
Both accounts include access to MetaTrader 5 and the Finex Trading app. Demo accounts are available with virtual funds and real market conditions.
Trading Platforms & Tools
Finex provides MetaTrader 5 as its primary platform across Windows, macOS, iOS, and Android, plus a native Finex Trading app for mobile traders. MT5 supports expert advisors, advanced charting with 21 timeframes, and 80+ built-in indicators. Both platforms connect to live market data with fast STP execution, making them suitable for scalpers, swing traders, and position traders alike.
Platform Feature Comparison
| Feature | MetaTrader 5 | Finex Trading App |
|---|---|---|
| Web Platform | No | No |
| Desktop (MT5) | Yes | — |
| Mobile App | Yes | Yes |
| Expert Advisors | Yes | No |
| Copy Trading | Yes | No |
Deposits & Withdrawals
Finex enables fast, low-friction deposits and withdrawals via Indonesian banks, credit cards, and e-wallets. Deposits process instantly for most methods, while withdrawals are processed within 20 minutes to same-day depending on the payment channel. The broker charges zero deposit and withdrawal fees, and minimum withdrawal is just $1, making it ideal for traders managing small positions.
| Payment Method | Method | Deposit Speed | Withdrawal Speed | Broker Fee |
|---|---|---|---|---|
| Bank Transfer (BCA, Mandiri, BNI) | Instant–1 day | 20 min–1 day | None | |
| Credit / Debit Card | Instant | 1–2 days | None | |
| E-wallets (OVO, DANA, LinkAja) | Instant | <1 hour | None | |
| Cryptocurrency (Bitcoin, USDT) | Instant | Instant | Network fee |
Use Indonesian bank transfers for zero fees and fastest processing; e-wallets add convenience but may carry third-party charges.
Education, Research & Analysis
Finex provides video tutorials, trading guides, market news, and an economic calendar to support trader development. While the educational suite is more basic than tier-1 brokers, it covers forex fundamentals, risk management, and technical analysis. Educational resources are available in Indonesian, making them highly accessible to local traders.
📖 Education
🛠️ Tools
Finex’s education is solid for Indonesian beginners and intermediate traders but lacks the depth and video richness of larger brokers. The partnership with the Futures Trading Learning Center adds value for commodity traders.
What Real Traders Say About Finex
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