PT Magnet Berjangka Indonesia
Primary
ID
Registration not shown
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1 entity
1 account
unverified
unverified
unverified
Broker profile
MA
MagnetFX Review: Is It Legit and Regulated?
PT Magnet Berjangka Indonesia
ID
Since 2021
AKA PT IDS Kapital Berjangka
FindMyFX score
high risk4.5/10
0
Score out of 10
10
Independent assessment
Updated 2026-07-27
Contact & regulation
- Official website
- magnetfx.co.id
- Address
- Sona Topas Tower, 18th Floor Unit 1804 and 8th Floor Unit 805, Jl. Jenderal Sudirman Kav. 26, Jakarta 12920, Indonesia
- Contact
- [email protected]
- 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 MagnetFX legit and regulated?
FindMyFX has license records for MagnetFX, 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
MagnetFX is the trading name of PT Magnet Berjangka Indonesia, formerly PT IDS Kapital Berjangka. Official sources describe Indonesian forex and commodity derivatives trading through MetaTrader 5.
Professional broker overview
FindMyFX editorial summary
MagnetFX is operated by PT Magnet Berjangka Indonesia and is listed by Bappebti with SPA licence 003/BAPPEBTI/SPA/6/2021. The broker's official FAQ states leverage of 1:400, floating spreads, a 0.5-pip minimum EUR/USD spread, a 100% margin-call level, a 30% stop-out level, and MetaTrader 5 access. The website restricts clients from the United States, Iran, North Korea, and Canada.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: The 0.5-pip figure is a stated minimum, not a verified typical spread. Staff should verify whether conditions differ by contract, account, or regulatory update.
- Operational status
- active
- Broker type
- unknown
- Execution model
- The official FAQ identifies PT Real Time Forex Indonesia as the liquidity provider.
- Support hours
- 09:00-18:00 WIB
Documented advantages
- The official FAQ publishes leverage, minimum spread, margin-call, and stop-out figures.
- MetaTrader 5 and a demo-registration process are documented.
Documented limitations
- The stated EUR/USD spread is a minimum and may widen.
- The United States, Iran, North Korea, and Canada are restricted.
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.
Trading access
Account types
Available account structures and their current verification state.
General trading conditions
unverified- Deposit
- Not shown
- Leverage
- 1:400
Commission information not shown.
- Spread
- From 0.50 pips
- Base currencies
- Not shown
- Margin call / stop-out
- 100.00% / 30.00%
- Demo / Islamic
- Yes / Unknown
- Balance protection
- Unknown
- Last verified
- Not verified
Markets and instruments
crude oil
unverified
Forex
unverified
gold
unverified
silver
unverified
US indices
unverified
Additional broker contacts
Main telephone
+62 21 2506336
Head office
Sona Topas Tower, 18th Floor Unit 1804 and 8th Floor Unit 805, Jl. Jenderal Sudirman Kav. 26, Jakarta 12920, Indonesia
Research sources
Licenses and regulators
BAPPEBTI
003/BAPPEBTI/SPA/6/2021
Last verified: Not shown
Type: Sistem Perdagangan Alternatif approval
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Instrument trading costs
EURUSD
unverifiedTypical spread: — pips · Commission: —
Swap long — · short —
Score components
Regulation and licenses
7.5/10 · 35%Official register evidence was found, but the imported licence record remains unverified pending FindMyFX staff review.
Security and track record
0.0/10 · 20%No independently verified long-term security or incident record was established from the reviewed official sources.
Trading conditions
7.5/10 · 15%The value reflects how much current account, leverage, cost, platform, and instrument information was available from official sources.
Company transparency
7.5/10 · 10%The value reflects the availability of an official legal entity, registration data, address, and direct contact information.
Service quality
0.0/10 · 10%Official contact channels were reviewed, but no independently verified service-quality dataset was available.
Verified user reviews
0.0/10 · 10%No inspectable, verified user-review dataset was established from authoritative sources.
Profile update history
Broker profile was published.
2026-07-25
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These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.