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EsandarFX Review: Is It Legit and Regulated?

PT Esandar Arthamas Berjangka

ID Since 2004
AKA EAB AKA Esandar Arthamas Berjangka

FindMyFX score

high risk

5.4/10

0 Score out of 10 10
Independent assessment Updated 2026-07-23

Contact & regulation

Official website
esandar.co.id
Address
APL Tower, 36th Floor, Jl. Letjen S. Parman Kav. 28, Central Park, West Jakarta 11470, Indonesia
Primary license
BAPPEBTI · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is EsandarFX legit and regulated?

FindMyFX has license records for EsandarFX, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

EsandarFX is the online trading brand of PT Esandar Arthamas Berjangka, an Indonesian futures broker. Its legal page publishes BAPPEBTI, Jakarta Futures Exchange, clearing, online-onboarding, and segregated-account references.

Professional broker overview

FindMyFX editorial summary

PT Esandar Arthamas Berjangka is an Indonesian futures broker established in 2004 and operating the EsandarFX service. Official company pages disclose BAPPEBTI licence 485/BAPPEBTI/SI/IX/2004, JFX membership SPAB-070/BBJ/05/04, MetaTrader 4 downloads, demo simulation, and segregated IDR and USD bank accounts; account minimums and leverage were not confirmed.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: The licence details were obtained from the broker's legal page; the direct BAPPEBTI detail endpoint was not usable during this review. FindMyFX staff should confirm current status in the regulator and exchange registers.

Operational status
active
Broker type
unknown
Execution model
Indonesian futures-broker model using BAPPEBTI-supervised exchange, clearing, and alternative-trading-system infrastructure.
Support hours
Not verified

Support languages: Indonesian

Documented advantages

  • The legal page publishes the broker, exchange-member, clearing-member, online-onboarding, and segregated-account references.

Documented limitations

  • The reviewed pages do not publish a confirmed minimum deposit, typical major-pair spread, or maximum leverage.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

PT Esandar Arthamas Berjangka

Primary
ID AHU-27848.AH.01.02.Tahun 2009

Trading access

Account types

Available account structures and their current verification state.

1 account

Demo

unverified
Deposit
0.00
Leverage
Not shown

Commission information not shown.

Spread
Not shown
Base currencies
Not shown
Margin call / stop-out
—% / —%
Demo / Islamic
Yes / Unknown
Balance protection
Unknown
Last verified
Not verified

Markets and instruments

commodity futures

unverified

Foreign exchange

unverified

Deposit and withdrawal methods

Bank transfer

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Bank transfer to segregated account

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Licenses and regulators

BAPPEBTI

485/BAPPEBTI/SI/IX/2004

unverified

Last verified: Not shown

Type: Futures brokerage business licence
Client class: retail
Compensation: Not shown
Segregated funds: Yes
Negative balance protection: Unknown
Open official register ↗

JFX

SPAB-070/BBJ/05/04

unverified

Last verified: Not shown

Type: Exchange membership approval
Client class: retail
Compensation: Not shown
Segregated funds: Yes
Negative balance protection: Unknown

Jurisdiction-specific offerings

ID · retail

unverified

Entity not linked · Leverage not shown

Compensation scheme not shown

Score components

Regulation and licenses

7.5/10 · 35%

Official regulator or exchange records support the listed authorization.

Security and track record

5.0/10 · 20%

Official current records were found, but a complete enforcement-history review was not performed.

Trading conditions

5.0/10 · 15%

Official sources disclose some products or account terms, but coverage is incomplete.

Company transparency

7.5/10 · 10%

Official sources publish the legal identity and core company or contact details.

Service quality

2.5/10 · 10%

Official contact information exists, but verified service-quality evidence was not reviewed.

Verified user reviews

0.0/10 · 10%

No verified user-review dataset was found in the official sources reviewed.

Profile update history

Broker profile was published.

2026-07-23

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.