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Menara Mas Futures

IDBAPPEBTICommodity Futures Trading Regulatory Agency

Menara Mas Futures is the public brand of PT Menara Mas Futures, an Indonesian futures broker operating since 2004. BAPPEBTI records identify its broker licence and SPA approval. The current official site describes forex, indices, gold and exchange-traded commodities through MetaTrader 4 and JafetsNOW, and advertises leverage up to 1:100 subject to the applicable account and contract.

Last verified: 2026/09/19Sources and audit trail

This verified profile is fully translated in English and Simplified Chinese.

Overview

Menara Mas Futures is the public brand of PT Menara Mas Futures, an Indonesian futures broker operating since 2004. BAPPEBTI records identify its broker licence and SPA approval. The current official site describes forex, indices, gold and exchange-traded commodities through MetaTrader 4 and JafetsNOW, and advertises leverage up to 1:100 subject to the applicable account and contract.

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Trader reviews
0
Regulation
Regulated (basic)
Main regulators
IDBAPPEBTI
Main strengths
Main risks
Not enough reviews to assess risk themes
Building sampleUpdated 2026/10/08

AI web composite score

Five web-reputation dimensions plus one objective regulatory dimension for Menara Mas Futures

Insufficient evidence
Not included in formal rankings yetThe number of real sources or effective samples has not reached the publication threshold. Missing dimensions are left unscored rather than filled with zero or a neutral value.
Data confidence0% · Low

Trading environment

Slippage, stability, execution and pricing anomalies

Public review signals
—Weight 22%
0 related mentionsInsufficient sample

Deposits & withdrawals

Funding speed, withdrawals, checks and payment methods

Public review signals
—Weight 18%
0 related mentionsInsufficient sample

Customer service

Response time, expertise and complaint handling

Public review signals
—Weight 13%
0 related mentionsInsufficient sample

Trading costs

Spreads, commissions, swaps and hidden charges

Public review signals
—Weight 18%
0 related mentionsInsufficient sample

Sales conduct

Promotion terms, sales pressure and return claims

Public review signals
—Weight 4%
0 related mentionsInsufficient sample

Regulation & compliance

Scoring rulesReview sentiment is excluded. Licence quality accounts for 60%, jurisdiction coverage 25%, and Tier-1 diversification 15%. Additional licences have diminishing returns, while enforcement actions or licence suspensions may reduce the score.View full methodology →

Licence quality, jurisdiction breadth and regulatory diversification

Objective regulatory facts
4.5Weight 25%
1 verified regulators1 jurisdictions

There are not yet enough classified public signals to calculate a reputation score.

0Accepted review records
0Content-deduplicated review records
0Weighted effective sample
0Sources

Review coverage — – — · Updated 2026/10/08

View calculation and source mix

Accepted review records are the records entering calculation. Content-deduplicated review records retain one record for identical content and do not represent unique people. Source counts are assigned after global content deduplication and sum to the deduplicated total. Weighted effective sample also applies source quality and time decay. The AI composite combines web reputation at 75% and regulation at 25%.

AI web composite score
DimensionScorerelated mentions
Trading environment—0
Deposits & withdrawals—0
Customer service—0
Trading costs—0
Sales conduct—0
Regulation & compliance4.51

Products

  • Foreign exchange
  • Asian, European and United States stock indices
  • Gold rolling and futures contracts
  • Olein and cocoa futures listed on JFX

Accounts

  • Multilateral JFX account
  • SPA forex, gold and oil account
  • SPA index account
  • Demo account

Platforms and tools

  • MetaTrader 4 is offered for Windows, Android and iOS. Web-based JafetsNOW is scoped to JFX multilateral commodity contracts.

Funding currencies

Not available

Support and availability

The official site lists Jakarta telephone numbers 021-22685433 and 021-62313113, email cs@menarafx.co.id and 24-hour consultation. A 24-hour consultation claim does not necessarily mean every operational department processes requests continuously.

The official disclaimer says clients from the United States, Iran and North Korea are not accepted. Other restrictions may apply under Indonesian law and product eligibility.

Regulation

Regulators

PT MENARA MAS FUTURES

Indonesia · BAPPEBTI

Active
Regulators
BAPPEBTI
Licence / registration number
583/BAPPEBTI/SI/XII/2004

Client protection

Indonesian futures brokers are subject to BAPPEBTI rules and designated segregated-account requirements. The reviewed record does not establish protection from market losses or a deposit guarantee.

View protection details

Indonesian futures brokers are subject to BAPPEBTI rules and designated segregated-account requirements. The reviewed record does not establish protection from market losses or a deposit guarantee.

Broker licence 583/BAPPEBTI/SI/XII/2004; SPA approval 02/BAPPEBTI/SPA/03/2022. Company registration alone is not treated as a brokerage licence.

Official record ↗

Trading conditions

Spreads from
Not available
Max leverage
1:100
Execution
The site describes market-price execution and liquidity access.…
Commission
Not available
Platforms
MetaTrader 4 · JafetsNOW
Maximum leverage
The current official homepage and company-profile page advertise leverage of 1:100. This is the highest verified public value for this Indonesian brand, not a promise that every account, contract or position receives 1:100.
Spread and commission
The site describes competitive pricing but does not publish a current universal numeric starting spread or commission schedule.
Margin call and liquidation
No current universal margin-call or liquidation threshold was found in the reviewed official pages.
Execution
The site describes market-price execution and liquidity access. JafetsNOW is specifically described for JFX multilateral commodity trading; MetaTrader 4 is described for other online trading access.

Futures and leveraged derivatives carry high risk. The advertised 1:100 ratio can magnify losses, and segregated accounts do not protect against market losses.

Payments

Deposits

1 methods
MethodMinimumProcessingFee
Bank transfer to an official segregated accountIDR · USDNo current universal initial deposit verified.No guaranteed or typical credit time verified.No current deposit-fee schedule verified.

Withdrawals

1 methods
MethodMinimumProcessingFee
Private withdrawal facility through the client accountIDR · USDNo universal minimum verified.The site calls withdrawals easy and fast but publishes no guaranteed broker-processing or bank-credit time.No current withdrawal-fee schedule verified.

Accounts or cards must be in the client’s name. Availability, limits and checks depend on the contracting entity.

Promotions

Active offers and promotions from Menara Mas Futures

No verified active promotions.

Sources and audit trail

Last verified: 2026/09/19

  1. BAPPEBTI broker record — PT MENARA MAS FUTURES2026/09/10
  2. BAPPEBTI 2026 first-quarter futures-broker assessment2026/09/10
  3. Menara Mas Futures official homepage2026/09/19
  4. Menara Mas Futures company profile2026/09/19
  5. Menara Mas Futures legal and segregated-account information2026/09/19
  6. Menara Mas Futures commodities2026/09/19
  7. Menara Mas Futures indices2026/09/19
  8. Menara Mas Futures transaction platform2026/09/19
  9. Menara Mas Futures official logo asset2026/09/19

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