Monex Investindo Futures (MIFX)

Written by How we review

Monex Investindo Futures (MIFX) is an Indonesia-based forex broker offering access to currency and commodity markets via desktop and mobile platforms, supported by education resources and local customer service. It provides a platform-driven trading experience for clients seeking broad market access.
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Key facts

7.6/10
Our rating
#128
Trust rank
2000
Founded
1
Licences
BAPPEBTI
1
Countries accepted
HeadquartersIndonesia
Broker typeMarket Maker
RegulationBAPPEBTI
PlatformsMT4, Proprietary
InstrumentsCommodities, Forex, Indices, Metals
Fee levelHigh

Updated

Pros

  • • BAPPEBTI-licensed Indonesian broker
  • • MT4 + proprietary MIFX mobile platform
  • • Local IDR deposits and withdrawals via Indonesian banks
  • • Multiple account types: Pro (low spreads) and All-in (commission-free)
  • • Established since 2000 (long operating track record)

    • Cons

  • • Limited international availability
  • • Limited platform choice
  • • Lower leverage limits
  • • Narrow instrument range
  • • Higher spreads and fees

    • Key Features

  • • BAPPEBTI Regulated JFX ICDX Member ICH Clearing
  • • Forex Metals Energy and Stock Index Instruments
  • • MetaTrader 4 and MIFX App Platforms
  • • Segregated Client Funds and Local IDR Bank Transfers
  • • Copy Trading Signals and Trading Community
  • • Price Alerts Economic Calendar and In App Analytics

    • Similar Brokers

    Where This Broker Ranks

    Monex Investindo Futures (MIFX) is not in the top 10 for any country or territory we rank yet. Each list shows the ten highest-rated brokers that accept clients there. How we rate brokers · All rankings by country

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

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    Frequently Asked Questions

    Monex Investindo Futures (MIFX) operates under local regulation in its home country. It holds a brokerage license and is supervised for conduct, capital, and reporting. You can verify the current license status on the official regulator website. The firm applies onboarding checks and publishes legal terms and risk disclosures. You should read these carefully and contact the broker with any questions. All information on BrokerCatalogue is for general informational purposes and is not financial, legal, or investment advice.

    With Monex Investindo Futures (MIFX), you can trade currency pairs and selected commodities and indices through derivative contracts. Product lists, contract specs, margin rules, and trading hours can vary by account setup and region. You get access to market, limit, and stop orders and can add risk controls like stop loss and take profit. Always review product disclosures and platform details so you understand pricing, rollover, and slippage. This is general information from BrokerCatalogue and not financial, legal, or investment advice.

    Monex Investindo Futures (MIFX) offers desktop, web, and mobile trading platforms. You can place market, limit, stop, and pending orders, set alerts, and manage positions. Charting includes indicators, drawing tools, and multiple layouts. Risk tools include stop loss, take profit, and trailing stop. You can use a practice account to learn the platform before funding a live account. Platform features and availability can vary by region. This content is general information from BrokerCatalogue and not financial, legal, or investment advice.

    At Monex Investindo Futures (MIFX), you fund and withdraw via bank transfer and other supported methods shown in your account area. Processing times depend on the method used and your verification status. The broker may apply fees, and your bank or provider may charge fees. Withdrawals normally return to the original source after checks. Make sure your account name matches your payment details and keep records of each request. For exact steps, review the latest funding instructions in your secure portal.

    Costs at Monex Investindo Futures (MIFX) can include spreads, commissions, overnight financing, and currency conversion. You may also see custody, inactivity, or platform-related charges depending on your account setup and tools used. Funding providers can add their own fees. Actual costs change with market conditions and product choice. Review the current fee schedule, legal terms, and platform cost displays before you place any order. This information is general and provided by BrokerCatalogue, not financial, legal, or investment advice.

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