Monex Investindo Futures

What Monex Investindo Futures does

PT Monex Investindo Futures (MIFX) is an Indonesian retail forex and commodity broker founded in 2000 and headquartered in Jakarta Pusat. Operating under BAPPEBTI license No. 178/BAPPEBTI/SI/I/2003, with registrations from OJK (S-126/PM.02/2025) and Bank Indonesia, and memberships across BBJ, BKDI/ICDX, KBI, and Indonesia Clearing House, MIFX positions itself as the largest forex and commodity broker in Indonesia by transaction volume, serving hundreds of thousands of retail traders. The platform is distributed through a proprietary MIFX mobile app (iOS/Android), the MetaTrader 4 and MetaTrader 5 trading platforms, a web Client Area, and six physical branch offices across Indonesia, with ISO 27001 and ISO 9001 certifications as well as Komdigi PSE registration.

The product surface spans five account tiers — Ultra Low, Standard, Pro, Pro Rebate, and the 2025-launched Mikro Multilateral — supporting trading in forex, gold, silver, oil, and indices. Technology integrations include TradingView-powered charting with One Click Trading, plus third-party signal engines from Autochartist and Trading Central, and a proprietary NLP-based Sentiment Analysis tool. MIFX monetizes primarily through transaction-based revenue: bid-ask spreads (from 0.3 pips on Ultra Low/Pro, from 1.8 on Standard/Pro Rebate), per-lot commissions ($1-$20/lot depending on tier), swap/overnight fees, and a tiered referral/IB program paying up to $12/lot rebate. Customer segments span retail beginners (MIFX Academy, free demo), professional traders (Pro, Pro Rebate, Mikro Multilateral), and IB partners, supported by 24/5 customer service across phone, live chat, WhatsApp, and email, plus segmented Market Desks (Ruby, Platinum, Emerald, Diamond) for higher-tier accounts.

Name

Monex Investindo Futures

Legal name

PT Monex Investindo Futures

Website

https://mifx.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

PT Monex Investindo Futures (MIFX) is a Jakarta-based, BAPPEBTI-licensed retail forex and commodity broker founded in 2000, serving hundreds of thousands of Indonesian traders via mobile app, MT4/MT5, and six branch offices across five account tiers.

Ownership category

akta.pro rank

Product category

Retail Forex & Futures Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (523160)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Cross-Border & FX Payments Platforms (BPAMAFAK)

Keywords

• Retail forex brokerage
• Futures trading
• Commodity trading
• Online trading platform
• Index trading

Headquarters

HQ city

Jakarta Pusat

HQ country

Indonesia

HQ region

Asia

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Others

Revenue model

1. Spread-based revenue (Standard & Pro Rebate accounts): MIFX earns revenue from the bid-ask spread on Standard accounts (spread from 1.8) and Pro Rebate accounts (spread from 1.8). These accounts charge lower commissions ($1/lot) but generate revenue primarily through wider spreads.
2. Commission-based revenue (Ultra Low, Standard, Pro, Pro Rebate accounts): MIFX charges commissions per lot traded across all account types: Ultra Low ($10/lot), Standard ($1/lot), Pro ($5/lot), Pro Rebate ($1/lot with additional rebate up to $10/lot paid back to trader based on volume tiers).
3. Multilateral Account trading fees: Multilateral accounts charge commissions starting from $20/lot with a multilateral exchange-based trading mechanism. Margin requirements vary by product and are updated periodically based on market conditions.
4. Swap/Overnight fees: Overnight swap fees charged on positions held beyond the daily rollover. MIFX offers a Promo Swap feature for accounts that accumulate up to 5 lots of overnight positions to waive swap fees. Storage fees apply for positions held beyond 5 trading days.
5. Referral Program rebates: Referral partners earn rebates up to $12/lot from client trading activity. The referral program has tiered structures including rebate ($6/lot +), bonus ($3/lot + active client bonus $3/lot+).

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels9 records

Core offering

PT Monex Investindo Futures (MIFX) operates an online futures brokerage that enables Indonesian retail and professional traders to buy and sell forex, commodities (gold, silver, oil), and indices through MetaTrader 4/5 platforms and a proprietary mobile application. The company offers five account types (Ultra Low, Standard, Pro, Pro Rebate, and Mikro Multilateral) plus a free demo account, and bundles the trading accounts with signal tools, an NLP-based sentiment engine, a points-based rewards program, and a referral program, all under BAPPEBTI, Bank Indonesia, and OJK regulatory oversight.

Product overview

MIFX is an Indonesian futures brokerage offering a multi-platform trading ecosystem consisting of the MIFX mobile application as the core client interface, MetaTrader 4 and MetaTrader 5 trading platforms, and five distinct account types (Ultra Low, Standard, Pro, Pro Rebate, and Mikro Multilateral) for trading forex, commodities (gold, silver, oil), and indices. The platform integrates premium trading tools including Autochartist and Trading Central for AI-powered chart pattern recognition and technical/fundamental analysis, Sentiment Analysis for NLP-based market sentiment tracking, and TradingView-powered charting. Additional services include the MIFX Rewards loyalty program, Referral Program, High Leverage feature, Promo Swap, Pro Rebate program, MIFX Academy education platform, demo accounts with virtual funds, and a Bug Bounty security program. All operations are conducted under BAPPEBTI, BI, and OJK regulatory oversight.

Differentiator

Problem solved

Functional benefit

Products and services

• Aplikasi MIFX (MIFX Mobile App) Mobile trading application (iOS and Android) for individual retail traders in Indonesia that supports account registration, KYC verification, deposits, trading of forex/commodities/indices, withdrawals, and access to integrated trading tools, signals, and education content.
• MetaTrader 4 (MT4) Legacy multi-asset trading platform offered to MIFX clients for forex, commodity, and index execution; available across Android, iOS, Windows, and Mac.
• MetaTrader 5 (MT5) Award-winning multi-asset trading platform (Global Forex Awards 2021 Best FX and Multi-Asset Trading Platform) offered to MIFX clients, supporting forex, commodities, multilateral trading, and available on Android, iOS, Windows, and Mac.
• Akun Ultra Low Live trading account with minimum spread from 0.3, $10 commission per lot, IDR 500,000 minimum deposit, available on MT4/MT5, eligible for free swap, MIFX Rewards, and Trading Signal access.
• Akun Standard Live trading account with minimum spread from 1.8, $1 commission per lot, IDR 500,000 minimum deposit, available on MT4/MT5, eligible for free swap, MIFX Rewards, and Trading Signal access.
• Akun Pro Professional live trading account with minimum spread from 0.3, $5 commission per lot, IDR 100,000,000 minimum deposit, available on MT4/MT5, eligible for free swap.
• Akun Pro Rebate Professional live trading account with minimum spread from 1.8, $1 commission per lot, IDR 100,000,000 minimum deposit, plus a progressive volume-based rebate of up to $10 per lot settled daily across tiered thresholds (<500 lots = $3/lot, 500-999.9 lots = $4/lot, >1,000 lots = $5/lot base).
• Akun Mikro Multilateral Micro multilateral trading account with 0.01 lot contract size, spread from 0.6, commission from $20/lot, IDR 1,000,000 minimum deposit, executed through exchange order book on MetaTrader 5, targeted at beginner traders.
• Akun Demo (Demo Account) Free demo account funded with $10,000 in virtual money, providing lifetime access to the MIFX platform, educational videos, and exclusive trading tools for practice trading.
• Forex Trading Foreign exchange trading service offered 24 hours a day, 5 days a week, with two-way profit opportunities referencing the global forex market's USD 6.6 trillion daily volume.
• Gold (Emas) Trading Virtual gold trading without physical asset transfer, with prices influenced by USD exchange rates and central bank diversification activity.
• Silver (Perak) Trading Virtual silver trading with higher volatility than gold, priced on industrial supply and demand factors.
• Oil (Minyak) Trading Crude oil trading product positioning it as the primary fuel for transportation and industry, with significant price volatility.
• Index Trading Index trading using indicators composed of equities from multiple companies listed on major exchanges, providing diversification and two-way profit opportunities.
• Trading Signal Free real-time trading signal service providing potential buy/sell opportunities with take profit and stop loss references, sourced from Autochartist pattern recognition and Trading Central AI-driven analysis.
• Sentiment Analysis NLP-based trading tool that aggregates news data from global markets to deliver a Sentiment Score, Confidence Index, and 90-day historical sentiment for trading instruments.
• Grafik MIFX (TradingView-powered Chart with One Click Trading) Proprietary charting interface built on TradingView with One Click Trading (OCT) for instant order execution, hundreds of technical indicators, drawing tools, and direct on-chart Stop Loss and Take Profit modification.
• MIFX Rewards Loyalty Program Points-based loyalty program in which live Standard account traders earn 1 reward point per 0.01 lot per transaction, redeemable for electronics, travel vouchers, lifestyle, and automotive prizes.
• Referral Program Referral/IB program allowing traders and partners to earn rebates of up to $12/lot from referred clients' trading volume, with tiered rebate and bonus structures and a tracking dashboard.
• High Leverage Feature Optional trading feature allowing traders to increase leverage up to 1:500 on forex and commodities, with automatic leverage ratio adjustment at End of Day based on cumulative equity.
• MIFX Promo Swap Swap-free trading promotion that waives overnight interest costs for accumulated overnight position volume up to 5 lots per transaction, activatable through the MIFX mobile app.
• MIFX Academy Free online education platform with video courses, tutorials, and e-books covering forex trading concepts, technical and fundamental analysis, risk management, and trading strategies, targeted at beginner traders.
• Welcome Bonus Promo Promotional welcome bonus awarding up to 5,000 reward points to new Ultra Low and Standard account holders, redeemable for gifts and valid through 30 June 2026.

Quantifiable outcome

• Account verification completed in under 24 hours with complete documents during business hours
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability6 records

Feature11 records

Partnerships

Eleven partnerships are on record, tiered core and moderate.

• BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi)coreOthersBAPPEBTI is the government institution under Indonesia's Ministry of Trade that issues business licenses for futures trading companies, creates regulations, and conducts inspections of futures brokerage activities. MIFX operates under BAPPEBTI license number 178/BAPPEBTI/SI/I/2003. This is a mandatory regulatory licensing relationship, not a commercial partnership.
• OJK (Otoritas Jasa Keuangan)coreOthersOJK is Indonesia's Financial Services Authority regulating financial institutions including futures brokers offering derivative financial products backed by securities. MIFX holds OJK registration number S-126/PM.02/2025.
• Bank IndonesiacoreOthersBank Indonesia is Indonesia's central bank. MIFX holds Bank Indonesia registration number 28/127/DPPK/Srt/B for derivative financial products.
• BBJ (Bursa Berjangka Jakarta)coreOthersBBJ (Jakarta Futures Exchange / Bursa Berjangka Jakarta) is the futures exchange where MIFX executes transactions. MIFX holds BBJ membership number SPAB-044/BBJ/03/02.
• BKDI (Bursa Komoditi dan Derivatif Indonesia / ICDX)coreOthersICDX (Indonesia Commodity and Derivatives Exchange) is the commodity and derivatives exchange. MIFX is a member with registration number 010/SPKB/ICDX/DIR/III/2010. MIFX has won multiple ICDX Broker Awards (2014, 2016, 2019, 2021, 2022, 2023).
• KBI (Kliring Berjangka Indonesia)coreOthersKBI (Indonesia Futures Clearing Institution) is the clearing house for futures transactions. MIFX holds KBI membership number 14/AK-KBI/III/2003.
• Indonesia Clearing House (ICH)coreOthersIndonesia Clearing House provides clearing and guarantee services for futures transactions. MIFX holds ICH membership number 003/SPKK/ICH-MIF/VII/2017.
• AutochartistmoderateTechnology or IntegrationAutochartist is a third-party market analysis provider using big data technology to identify popular chart patterns used in technical analysis. MIFX integrates Autochartist signals into its platform, offering 15-minute timeframe pattern recognition signals with short take profit and stop loss distances for trades under 24 hours.
• Trading CentralmoderateTechnology or IntegrationTrading Central is a third-party market analysis provider combining human analysis with AI (Artificial Intelligence) technology to deliver technical and fundamental analysis based on indicators such as Bollinger Band, Moving Average, and RSI. MIFX integrates Trading Central signals into its platform with 30-minute timeframe and medium-term take profit/stop loss distances for trades under 48 hours.
• MetaQuotes (MetaTrader 4 & 5)coreTechnology or IntegrationMetaQuotes Software Corp. provides the MetaTrader 4 and MetaTrader 5 trading platforms used by MIFX. MT4 is offered for Ultra Low, Standard, Pro, and Pro Rebate accounts, while MT5 is used for Micro Multilateral accounts. MetaTrader 5 won the Global Forex Awards 2021 for Best FX and Multi-Asset Trading Platform.
• TradingViewmoderateTechnology or IntegrationTradingView provides charting technology integrated into MIFX's proprietary chart interface. TradingView is a global charting platform offering various financial instruments charts (EURUSD, BTCUSD, IHSG) and tools like Stock Screener available to MIFX traders.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mifx_indonesia
• YouTubeyoutube.com/user/MifxChannel
• LinkedInlinkedin.com/company/pt-mifx
• Instagraminstagram.com/mifx.indonesia
• TikToktiktok.com/@mifx.indonesia
• Facebookfacebook.com/mifx.indonesia

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Monex Investindo Futures