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, Finex 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.
Adi Sang Pengelana
Indonesia
Even though I, as a customer, did not conduct any transactions/open positions. This resulted in my account being margin called. Finex opened a sell position at 4387 and resulted in a margin call at 4394. Below, I conducted 7 sell and 7 buy positions to prevent a margin call, so I was locked in to the ups and downs. This ultimately caused me to lose a lot of evidence on January 2, as shown below.
Exposure
FX3085868476
Indonesia
deposit failed even though the money has been sent and the bank has confirmed it
Exposure
napnap488
Indonesia
Please, I want 200k funds back
Exposure
SeptiSakina
Indonesia
I just want to try forex trading and want to try finex, from checking on wikifx, and listening to community advice too, one of them said withdrawal takes a long time, but still trying anyway. Hopefully it goes smoothly and profitable.
Neutral
Tytok Pramone
Indonesia
Ever tried a trading demo with Finex broker, with trading instruments that are easy to understand.
Neutral
HendraSaputra
Indonesia
The main reason why I was looking for a local service is a better control of my fund and proper execution. From a global broker without Indonesian licences, it wasn’t smart to expect this fully. Finex had what I wanted, Cooperating with top banks, providing instant payment service and can be reached not far from my home. When the broker has MT5, normal costs, majors, why not… With my volume and deposit, needed a safer option…
Positive
NASGOD'S
Indonesia
I have tried various brokers over the years, but my experience with @Finex is truly on a different level. In terms of security, they clearly excel – clear regulations, official licenses, and transparency that makes me feel at ease every time I trade. What I admire the most is that the deposit and withdrawal process at Finex is very fast and smooth. It feels rare to find a broker that can be as fast and professional as that. On top of that, competitive spreads and lightning-fast order execution make my strategies run without any hindrance. Not only that, the Finex support team is always ready to help in a friendly and solution-oriented manner. Even outside of busy hours, their responses remain consistently quick. It truly feels like they prioritize trader satisfaction above all else. To be honest, in my opinion, Finex is not just a broker, but a true trading partner. With the premium services they provide, I truly feel supported to grow and achieve my financial goals.
Positive
NuraNur
Indonesia
Very helpful for beginner traders, especially with the presence of cent accounts that make it easier to learn trading with small capital but still feels real. Very suitable for practice while building experience. MT5: 20214843
Positive
RezaPratama
Indonesia
especially about gold. Wouldnt even notice it crossed the $3500 mark, if it wasnt for these posts, thank you. I also read Bloomberg and financial news from Google, but somehow Finex editors find the better ideas for me. Though I think these will be most useful if you trade gold or major pairs, because about stocks or ETFs, they almost never post. About trading, agree with most here, nothing to add.
Positive
AmbroosLatuheru
Indonesia
I'm usually quite careful when dealing with brokers who only offer 1 type of account (based on my experience, such brokers often prioritize simplicity over efficiency and cost, which I personally don't really like). The reason I mention this now is because when I looked at the numbers they displayed on their site, the offer seemed quite attractive. I tried it myself, and somehow they managed to find the sweet spot between keeping everything simple and still cheap.
Positive
YusufRamadhan
Indonesia
But for us, it's still an advantage. It has been around for more than a decade and regulated by BAPPEBTI since 2013, they have just earned their reputation and now nobody questions their legitimacy, because a goovernment agency has vouched for it .Now about the cost , if you are not tading some fancy shares,then they are quite low, for trading forex and indices ,and they have regular promos.
Positive
VitorM
Indonesia
Finex helps traders to earn more money by publishing lots of information about markets and sharing their overview about what we should expect in the near future. It helps me to grow as a trader mentally and professionally, there are so many little details that play a huge role in successful trading. Also, I try to not miss all important online webinars to learn something new. I’m glad they’re putting so much effort into our education!!!
Positive
UriahPanjaitan
Indonesia
In my opinion, the most popular pairs here do have quite tight spreads, such as XAUUSD and some major forex pairs, for example EUR/USD, and the like. The spread for gold is around 0.14 pips, which is already very low, plus a commission of $1 per lot—but personally, I also rarely open a full 1 lot in gold because the risk is high. The trading conditions at Finex are indeed good, and the leverage is also balanced. As long as you are disciplined with risk management, trading anything here remains safe.
Positive
IlhamMaulana
Indonesia
Good to have a local broker who has access to MT5. I mean why I need to sacrifice my safety if finex offers the same as other brokers do, but much more credible here in Indonesia, Those regulations, long marker present, I knew that this broker won’t let me down when I make my mind and at last start serious trading. Actual experience matched my expectations- the best part.
Positive
JokoPermana
Indonesia
I can truly recommend this broker. I recently discovered Finex and immediately tried it. First, I checked the trading conditions, and they turned out to be quite good. The trading fees here are also very low. I deposited using a bank card, and after a week, I tried withdrawing funds to test it... the transfer went smoothly and was processed very quickly.
Positive
VictorTelun
Indonesia
Trading is done through MetaTrader 5 which I believe is the main advantage here. I really enjoy it, simple to use yet very powerful. The main drawback is the lack of variety in account types, there is only one type of account, and you cannot change its features except for leverage. But at least I can deposit through almost all banks, and trading in Indonesia is very safe as it is regulated by local authorities.
Positive
AldiSantoso
Indonesia
This could be a good platform for you if you are not an all-around trader... they offer one account for all, and although the trading conditions here are overall good, they are limited. These conditions are suitable for most trading strategies, that's true, but if you want to have different accounts for different strategies, this platform is limited. For example, there are no accounts with raw spreads suitable for scalping.
Neutral
EkoNugroho
Indonesia
Trading here is quite good, and I have made decent profits, but seeing the special treatment towards Finex ambassadors makes me jealous! * They can enjoy a vacation sponsored by Finex, a 3 days 2 nights trip! * They have the opportunity to speak directly with the people running the company and the best traders there... The bad thing is why can ambassadors have treatment that we don't.
Neutral
TaslimYaochuan
Indonesia
Finex is not complicated with too many features or excessive information. They offer several instrument contracts and one main platform. As for education? There are only a few videos and brief explanations. =) But that's the point, they focus on the important things that traders need. Not too much theory, directly directed to practice with a demo account or trading with a real account.
Positive
TalithaSetiawan
Indonesia
One of the main advantages of trading with a local broker is that its platform supports many bank accounts in Indonesia, and the process is very smooth. Deposit balances go directly into the trading account, and I like Finex's decision to make trading more affordable by offering a minimum deposit of only $10 to open a real account. 👍
Positive
AgusSantoso9333
Indonesia
Finex is an amazing platform to get started. The orientation procedure is very simple. 😀 In addition, Finex allows you to open a real trading account with just a minimum deposit of $10, which is great for new traders and traders who do not have a large capital to invest hundreds of $$$.
Positive
HandidjajaLi
Indonesia
However, it is a clear choice for trading, because being here, in Indonesia, and if something urgent happens, I can communicate directly with them. For now, their support is quite helpful and responsive, although I am postponing a face-to-face meeting😁 for a better time. Everything is like with other good international brokers, except for the price, you can choose between commission and spread, not both.
Positive
BharatKuruvilla
Indonesia
Congratulations to my country for creating all the necessary provisions for us! The reason I joined Finex broker is because Bappebti oversees its activities. Surprisingly, this service is comparable to other top global broker companies and I did not find any serious shortcomings. The trading terms are very good and the minimum deposit allows me to test the platform without having to invest a lot of money upfront. I like this broker!!!
Positive