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MagnetFX

IDBAPPEBTICommodity Futures Trading Regulatory Agency

MagnetFX is the public brand of PT Magnet Berjangka Indonesia. Its official pages publish three account tiers, MetaTrader 5, deposits from USD 200, floating spreads from 0.5 pips and leverage up to 1:400.

Last verified: 2026. 9. 14.Sources and audit trail

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

Overview

MagnetFX is the public brand of PT Magnet Berjangka Indonesia. Its official pages publish three account tiers, MetaTrader 5, deposits from USD 200, floating spreads from 0.5 pips and leverage up to 1:400.

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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. 8.

AI web composite score

Five web-reputation dimensions plus one objective regulatory dimension for MagnetFX

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. 8.

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, including major and cross pairs
  • Gold and silver
  • Crude oil
  • United States stock indices

Accounts

  • Magneto account
  • Electro account
  • Elastico account
  • Demo account

Platforms and tools

  • MetaTrader 5 for desktop and Android
  • MetaTrader 5 WebTrader
  • The official page states that its Indonesian server targets execution below 0.5 seconds

Funding currencies

IDRUSD

Support and availability

The official site lists telephone (021) 250 6336, online contact and office hours of 09:00–18:00 WIB.

The official site excludes residents of the United States, Iran, North Korea and Canada. Live-account applicants must be at least 21 and pass verification.

Regulation

Regulators

PT MAGNET BERJANGKA INDONESIA

Indonesia · BAPPEBTI

Active
Regulators
BAPPEBTI
Licence / registration number
002/BAPPEBTI/SI/05/2020

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 002/BAPPEBTI/SI/05/2020; SPA approval 003/BAPPEBTI/SPA/6/2021. Company registration alone is not treated as a brokerage licence.

Official record ↗

Trading conditions

Spreads from
0.5 pips
Max leverage
1:400
Execution
Not available
Commission
Not available
Platforms
MetaTrader 5 · MetaTrader 5 WebTrader
Account minimums
The official account table lists USD 10,000 for Magneto, USD 2,500 for Electro and USD 200 for Elastico.
Spread and commission
The table lists floating spreads from 0.5, 1.0 and 1.5 pips for Magneto, Electro and Elastico. It also lists commission figures of USD 1, USD 0.3 and USD 0.5 respectively, but does not clearly state the charging unit, so no unit is inferred.
Maximum leverage
The official account table and FAQ publish 1:400 for all three account tiers and supported instruments. Actual availability remains subject to account approval and contract specifications.
Execution and risk controls
The MT5 page describes market-price execution without requotes and possible positive or negative slippage. Margin call is published at 100% and stop-out at 30%. Order volume ranges from 0.1 to 20 lots.
Strategy rules
Scalping, hedging and expert advisers are permitted under the client agreement; arbitrage is prohibited.

Futures, forex and leveraged derivatives carry a high risk of loss. The 1:400 maximum is not guaranteed for every client or contract, and segregated funds do not protect against market losses.

Payments

Deposits

1 methods
MethodMinimumProcessingFee
Indonesian bank transfer to the designated BCA segregated accountIDR · USDAccount opening starts at USD 200; subsequent top-ups start at IDR 10,000.Up to 10 minutes during business hours, subject to queue volume; BCA instant top-up can be faster.MagnetFX states that it charges no deposit fee; third-party bank charges may still apply.

Withdrawals

1 methods
MethodMinimumProcessingFee
Request through the investor panel to an account in the client nameIDR · USDThe FAQ states that it applies no broker withdrawal limit.Requests submitted after 11:00 are processed on the next business day; the page does not guarantee a universal arrival time.MagnetFX states that it charges no withdrawal fee; receiving-bank charges may still apply.

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 MagnetFX

No verified active promotions.

Sources and audit trail

Last verified: 2026. 9. 14.

  1. BAPPEBTI broker record — PT MAGNET BERJANGKA INDONESIA2026. 9. 10.
  2. BAPPEBTI 2026 first-quarter futures-broker assessment2026. 9. 10.
  3. MagnetFX company and regulatory information2026. 9. 14.
  4. MagnetFX account specifications2026. 9. 14.
  5. MagnetFX frequently asked questions2026. 9. 14.
  6. MagnetFX MetaTrader 52026. 9. 14.

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