Score
Finex
Indonesia|5-10 years| https://finex.co.id/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
FinexBisnisSolusi-Demo
Influence
A
Influence index NO.1
Indonesia 8.44MT4/5 Identification
MT4/5 Identification
Full License
IndonesiaInfluence
Influence
A
Influence index NO.1
Indonesia 8.44Contact
Licenses
Licensed Institution：PT. Finex Bisnis Solusi Futures d/h PT. FINEX BERJANGKA
License No.：47/BAPPEBTI/SI/04/2013
Single Core
1G
40G
1M*ADSL
Basic information
Indonesia
Account Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Company Summary
| Finex Review Summary | |
| Founded | 2012 |
| Registered Country/Region | Indonesia |
| Regulation | BAPPEBTI |
| Market Instruments | 78+, Forex, Metals & Energy, Indices, and Shares |
| Demo Account | ✅ |
| Leverage | 1:500 |
| EUR/USD Spread | From 0.5 pips |
| Trading Platform | MT5 |
| Min Deposit | $10 |
| Customer Support | 7/24 live chat |
| Tel: +62 021-50101569 | |
| Email: customer@finex.co.id | |
| Fax: +62 21-5010-1046 | |
| WhatsApp: 62 811 8105 688 | |
| Facebook: https://www.facebook.com/finexbroker | |
| Instagram: https://www.instagram.com/finex_forex/ | |
| YouTube: https://www.youtube.com/c/FinexBerjangka | |
| Physical address: SOHO PANCORAN TOWER SPLENDOR FL. 30 UNIT 3005 Jl. Letjen MT Haryono Kav 2 - 3 Tebet, South Jakarta 12810 | |
Registered in Saint Vincent and the Grenadines in 2012, VENTEZO operates as a broker that offers services in Forex, Metals & Energy, Indices, and Shares. It provides three types of accounts, with a minimum deposit requirement of $10 and leverages up to 1:500. However, this broker is under an abnormal regulatory status, holding an offshore license.
Pros and Cons
| Pros | Cons |
| Regulated by BAPPEBTI | Limited payment options |
| Demo accounts | |
| Multiple trading choices | |
| MT5 trading platform | |
| Low minimum deposit | |
| No fees for deposits and withdrawals | |
| 24/7 live chat | |
| Comprehensive contact channels |
Is Finex Legit?
Yes, Finex is a legitimate broker. It holds a Retail Forex License numbered 47/BAPPEBTI/SI/04/2013, issued by the Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI), which means that it will strictly comply with the laws and regulations of Indonesia.
| Regulated Country | Current Status | Regulated Authority | Regulated Entity | License Type | License Number |
 | Regulated | Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) | PT. Finex Bisnis Solusi Futures d/h PT. FINEX BERJANGKA | Retail Forex License | 47/BAPPEBTI/SI/04/2013 |
What Can I Trade on Finex?
Finex offers a wide range of market instruments, including Forex, Metals & Energy, Indices, and Shares. Below are some detailed types of these instruments. For more information, you can visit its website.
Forex pairs: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/JPY, CHF/JPY...
Metal & Energy: XAG/USD, XAU/USD, XTI/USD
Indices: DE30, HK50, JP225, UK100, US100...
Share: Alcoa Inc, Apple Inc, Adobe Inc, Adidas AG, American International Group Inc...
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals & Energy | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type/Leverage/Fees
Finex offers only one live account with a low minimum deposit of $10 and leverage up to 1:500. Spreads starts from 0.5 pips and commission is set at $1 per lot.
In addition, Finex provides a free demo account for you to refine your trading skills in a risk-free environment.
How to Open an Account on Finex?
To open an account on Finex, you need to enter some personal information, such as your email and phone number, and then set your passwords. After that, they will send a confirmation email to your address. You simply need to confirm your registration to complete the account opening process.
Leverage
| Asset Class | Max Leverage |
| Forex | 1:500 |
| Metals | 1:500 |
| Indices | 1:200 |
| Energies | 1:200 |
| Stocks | 1:100 |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform
Finex has secured a full license from MetaTrader 5, a prominent global trading platform accessible via both PCs and mobile devices, including Android and iOS systems. With this platform, you gain instant access to a multitude of trading opportunities, allowing you to fully leverage its sophisticated features and capabilities.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows, Web, Android, iOS | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Finex only accepts deposits and withdrawals through leading Indonesian banks such as BCA, CIMB Niaga, Mandiri, and BNI. While there are no commissions associated with making deposits or withdrawals, Finex has established a minimum deposit requirement of $10 and a minimum withdrawal amount of $1.
Keywords
- 5-10 years
- Regulated in Indonesia
- Retail Forex License
- MT5 Full License
Review 36
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Review 36
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napnap488
Indonesia
Please, I want 200k funds back
Exposure
06-24
Baby Face
United States
My trading journey with Finex has been a mix. While their trading instruments, platform, and customer service have been commendable, I experienced abnormal candle movements on a day that led to an unexpected margin call. I also had an episode where I couldn't trade and had to withdraw my funds without a clear explanation.
Neutral
2023-12-13
bun8644
Indonesia
Thank you for the fast response and solution
Neutral
2023-11-16
ANGEL安吉尔
New Zealand
I have been trading with Finex for several months now, and I am quite happy with their services. They have a great range of trading instruments, and their platform is very intuitive and user-friendly. I have also found their customer service to be very responsive and helpful. Overall, I would recommend Finex to other traders.
Neutral
2023-03-23
BahuwarnaHardiansyah
Indonesia
Calling Finex the best broker may be a bit exaggerated, but the fact is they offer competitive conditions, especially compared to other brokers in Indonesia. Low spreads, small commissions of only $1/lot, and high leverage make it superior. I have been trading with them with satisfying results, my funds keep increasing. The customer service here is also very responsive.
Positive
23h
IrsadMansur9641
Indonesia
I know the Finex broker from my friends who are very knowledgeable about the market. Finally, I tried this broker, and it turned out to be good. The spread is attractive, and this is the most important thing when choosing a trading platform.
Positive
12-04
Najeeb Litaay
Indonesia
I know the Finex broker from my friends who are very knowledgeable about the market. Finally, I tried this broker, and it turned out to be good. The spread is attractive, and this is the most important thing when choosing a trading platform.
Positive
12-04
AquilaRitonga
Indonesia
This is the FIRST broker in my life that has such localization. What I mean is that there are many Finex services localized in Indonesia. For example, I see: - BCA - CIMB NIAGA - MANDIRI - and others I understand that this is more convenient for me than others. I have a BCA account and it is clear that this is the method I choose.
Positive
11-10
BudiWibowo
Indonesia
This platform seems quite decent. I mean, the conditions are attractive, and this broker is respected in the local community. Taking a quick look at the industry in this region and the companies available for trading, Finex broker appears to be more advantageous. *_* Low fees, tight spreads, and low commissions + Metatrader software and some additional instruments.
Positive
11-05
KusumaSasmita
Indonesia
Everything here is fast. You can even withdraw as little as $1... but that won't be enough 😹
Positive
11-02
IrsadMansur
Indonesia
FINEX is a regulated broker with a good reputation .... Trustworthy
Positive
10-28
ArsipatraSaefullah
Indonesia
Initially, I had no knowledge to develop my trading. Through Finex review, I began to understand the importance of mindset and psychology in trading.
Positive
10-11
TanandarWencheng
Indonesia
Finex is really a broker that suits me. At first, I needed guidance when I started trading, and luckily their support team was very responsive. They responded quickly and could explain in detail about the challenges I faced. Support, in my opinion, is like the 'face' of a broker, and Finex definitely doesn't disappoint in this regard! 😊👍
Positive
10-09
IrnantoSimbolon
Indonesia
Leverage indices/energies 1:200 and forex 1:500, this is already good...
Positive
10-08
FaniaQuon
Indonesia
Commission fees are only $1, quite affordable. You can trade and make a profit...
Positive
10-03
AsherTakar
Indonesia
Finex broker provides a single trading account and to be honest, the trading conditions are pretty beneficial even though there is only one trading account. It is a bargain for me! imho
Positive
09-06
GilangSetiawan
Indonesia
I've seen many comments asking like is finex safe? are they scam?🤔 I don't think so tbh, they have a good reputation here and they are licenced to provide some trading servies🟢 🖥️The platform is nice btw, it is Metatrader 5 so it's the newest, and it has like 78 instruments to trade from. 📈Also, I can put many indicators to help me trade!
Positive
08-09
GilangPermadi
Indonesia
After trading many years,I was surprised to learn something new from webinars
Positive
08-05
AtmaGunawan
Indonesia
This is my favorite stock, the trading spread is about 5 pips.
Positive
07-28
AsmuniNababan
Indonesia
Visa/mastercard is the most practical and easy way to deposit funds into your trading account. Everything is fine, but the transaction speed can fluctuate, sometimes fast, sometimes slow.
Positive
07-15