PT Phillip Futures

What PT Phillip Futures does

PT Phillip Futures is an Indonesian multi-asset brokerage firm and subsidiary of Singapore-based PhillipCapital (founded 1975), operating under a stack of regulatory licenses from BAPPEBTI, OJK, and Bank Indonesia, with ISO 27001:2022 certification and clearing memberships at JFX, ICDX, ICH, and PT KBI. The company provides Indonesian retail, corporate, and institutional clients with access to global financial markets through four trading platforms — its proprietary NOVA platform (single-login multi-asset with over 100 technical indicators, TradingView-powered charts, and an embedded NOVA.I AI market assistant), MetaTrader 5 for Gold, Oil, and Forex (GOFX) micro and mini contracts, JAFeTS NOW for OLEIN palm oil futures, and a TradingView integration connected to 50M+ global traders.

The product portfolio spans US stocks, US ETFs, fractional shares (from USD 1), gold, silver, platinum, palladium, copper, crude oil, natural gas, agricultural commodities (corn, coffee, soybean meal/oil), currency futures, stock index futures (FTSE Indonesia, Micro E-mini US, FTSE China A50), and OLEIN — accessible across exchanges including CME, SGX, BMD, ICE US, JFX, and ICDX. The firm is notably the first to offer legal micro GOFX contracts in Indonesia (1/100 of standard) and the first to offer fractional shares from USD 1.

The business model is transaction-fee based: commissions from USD 0.25 per GOFX trade, spreads from 4 pips on GOFX, commissions on US stocks and ETFs (with zero custodian and platform fees), and commissions on fractional share trades. The go-to-market is digital-first inside sales supplemented by monthly seminars and webinars across Indonesian cities (Jakarta, Banjarmasin, Jambi, Bandung), 1-on-1 coaching, and a Young Investors Programme targeting students and young professionals. Client segments span retail investors, young investors, institutional/corporate accounts (USD 25,000 minimum), and Indonesian palm oil producers hedging with OLEIN futures.

Name

PT Phillip Futures

Legal name

PT Phillip Futures

Website

https://phillipfutures.co.id

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

11–50 employees

Short description

PT Phillip Futures is an Indonesian multi-asset brokerage subsidiary of PhillipCapital that offers retail, corporate, and institutional clients access to US stocks, fractional shares, futures, commodities, and forex via its proprietary NOVA platform, MetaTrader 5, JAFeTS NOW, and TradingView integration.

Ownership category

akta.pro rank

Product category

Futures Brokerage Services

NAICS

Commodity Contracts Intermediation (52316), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

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

akta.pro primary industry

Derivatives & Futures Brokerage (FSAEACAL)

akta.pro secondary industry

Retail FX/CFD Broker Trading Venues (FSAFADAD)

Keywords

• Futures brokerage services
• Multi-asset online trading
• Forex commodities trading
• Securities derivatives brokerage
• Indonesian retail investing

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Commission/Transaction Fees: Phillip Futures earns commissions per trade executed on its platforms. Commission rates vary by product: Gold & Forex (GOFX) commissions start from USD 0.25 per trade; US Stocks and ETFs have zero custodian and platform fees but generate revenue through trading commissions.
2. Spread Revenue (Forex & Commodities): Revenue is generated from the bid-ask spread on GOFX products (Gold, Oil, Forex). Spreads for GOFX start from 4 pips. The company operates as an exchange-connected broker with transparent exchange-based trading.
3. Fractional Shares Trading: Fractional shares trading allows minimum investment of USD 1 per trade, with a minimum top-up of USD 88. Revenue is generated through trading commissions on fractional share transactions.
4. Account Deposits & Margin: The company accepts customer deposits for trading accounts (Individual: USD 500 minimum initial deposit; Corporate: USD 25,000 minimum). Revenue may be supplemented through margin financing and interest on client funds held in segregated accounts.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels9 records

Core offering

PT Phillip Futures is an Indonesian, BAPPEBTI-regulated futures brokerage that provides multi-asset online trading in US stocks, ETFs, fractional shares, stock indices, currency futures, forex, and commodities (energy, metals, agriculture). The firm delivers trading through its proprietary NOVA platform, MetaTrader 5, JAFeTS NOW, and TradingView, with direct connectivity to exchanges such as CME, SGX, JFX, ICDX, IFF, and BBJ.

Product overview

PT Phillip Futures operates as a multi-asset brokerage platform offering integrated trading solutions through multiple platforms. The core platform is NOVA, which provides single login access to US Stocks, Fractional Shares, ETFs, Stock Index Futures, Commodity Futures, and Currency Futures. Additional specialized platforms include MetaTrader 5 for Gold, Oil, and Forex trading (GOFX products), JAFeTS NOW for OLEIN futures, and TradingView integration for enhanced charting and social trading. The company offers access to global exchanges including CME, SGX, BMD, ICE US, JFX, and ICDX. The product portfolio covers equities (US Stocks, Fractional Shares, ETFs), derivatives (Index, Commodity, Currency futures), and OTC products (Gold, Forex via GOFX micro contracts). Education services include webinars, seminars, and 1-on-1 coaching, with the NOVA.I AI assistant providing market insights within the NOVA platform.

Differentiator

Problem solved

Functional benefit

Brands

• NOVA: Proprietary multi-asset trading platform enabling access to US Stocks, Stock Index Futures, Commodity Futures, and Currency Futures. Features over 100 technical indicators and Market Depth Trading Tool. Includes AI-powered market assistant (NOVA.I).
• GOFX
• JAFeTS NOW

Products and services

• NOVA Trading Platform Proprietary multi-asset trading platform offering 100+ technical indicators, AI-powered NOVA.I assistant, risk management tools, and seamless trade execution across US stocks, ETFs, fractional shares, futures, forex, and commodities for PT Phillip Futures clients.
• NOVA 2.0 Mobile App Mobile version of the NOVA platform launched in 2026, enabling clients to trade multi-asset instruments, monitor positions, and access NOVA.I AI assistant on mobile devices.
• MetaTrader 5 (MT5) Integration Integration with the MetaTrader 5 desktop and mobile platform, allowing clients to trade futures, forex, and commodities with advanced charting, expert advisors, and automated trading tools via PT Phillip Futures accounts.
• JAFeTS NOW Platform Integration Integration with JAFeTS NOW, the Jakarta Futures Exchange trading platform, giving clients direct access to Indonesia's local futures market for trading in commodity, currency, and index contracts.
• TradingView Integration Integration with TradingView that enables clients to chart instruments, follow signals, and place orders directly through PT Phillip Futures trading accounts.
• US Stocks Trading Access to US-listed equity trading through PT Phillip Futures accounts, with zero custodian and platform fees, enabling Indonesian investors to invest in the US equity market.
• ETFs Trading Trading access to US-listed Exchange-Traded Funds through PT Phillip Futures accounts, with zero custodian and platform fees, for diversified exposure.
• Fractional Shares Fractional share trading feature enabling clients to buy partial units of US-listed equities, reducing the capital required to invest in high-priced US stocks.
• Gold & Forex (GOFX) Micro-sized gold and forex contracts — the first legal micro contracts in Indonesia — enabling smaller-scale traders to access gold and forex markets with reduced contract size.
• Stock Indices Trading Trading access to major global stock index futures for clients seeking diversified equity index exposure via PT Phillip Futures accounts.
• Currency Futures Trading access to currency futures contracts, allowing clients to hedge or speculate on foreign exchange movements through PT Phillip Futures accounts.
• Energy Commodities Trading Futures trading on energy commodities such as crude oil and refined products, available to PT Phillip Futures clients for hedging or speculative exposure.
• Metals Commodities Trading Futures trading on metals commodities (precious and base metals) available to PT Phillip Futures clients for hedging or speculative exposure.
• Agriculture Commodities Trading Futures trading on agriculture commodities (including palm oil products such as OLEIN) available to PT Phillip Futures clients for hedging or speculative exposure.

Quantifiable outcome

• Same-day fund withdrawal available for requests submitted before 09:30 Jakarta Time
• +6 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability2 records

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• PhillipCapitalcoreOthersPhillip Futures is a member of the PhillipCapital group, a well-established financial institution based in Singapore, founded in 1975. PhillipCapital offers a full range of quality and innovative financial services to retail, corporate, and institutional customers across 16 countries (Australia, Cambodia, China, Hong Kong SAR, India, Indonesia, Japan, Malaysia, Singapore, Spain, Thailand, Turkey, UK, UAE, USA, Vietnam). Phillip Futures leverages PhillipCapital's 50+ years of global expertise and financial strength combined with local market presence.
• JFX (Jakarta Futures Exchange)coreTechnology or IntegrationOfficial clearing member of JFX for multilateral OLEIN (palm oil) futures trading. JAFeTS NOW platform connects to JFX's electronic trading system for OLEIN contracts traded in IDR.
• ICDX (Indonesia Commodity & Derivatives Exchange)coreTechnology or IntegrationOfficial clearing member of ICDX for multilateral GOFX (Gold, Oil, Forex) trading via MetaTrader 5 platform. GOFX micro and mini contracts are traded on the ICDX exchange.
• Indonesian Clearing House (ICH)coreTechnology or IntegrationAll customer funds are stored in the Indonesian Clearing House (ICH), ensuring segregation and security of client assets.
• TradingViewcoreTechnology or IntegrationNOVA trading accounts can connect directly to TradingView (50M+ traders worldwide) for charting and trading execution. Orders and positions are fully synced between TradingView and NOVA at no additional cost. Phillip Futures is featured as a broker on TradingView's broker platform.
• BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi)coreOthersLicensed and supervised by BAPPEBTI (Commodity Futures Trading Regulatory Agency) under license No. 69/BAPPEBTI/SI/9/2010 and Foreign Futures Market license (SK No.12/BAPPEBTI/KP/02/2011).
• OJK (Otoritas Jasa Keuangan)coreOthersLicensed and supervised by Otoritas Jasa Keuangan (Financial Services Authority) under license No. S-325/PM.02/2025.
• Bank Indonesia (BI)coreOthersLicensed and supervised by Bank Indonesia under license No. 27/527/DPPK/Srt/B.
• CME Group (Chicago Mercantile Exchange)coreTechnology or IntegrationProvides access to CME Group markets including crude oil, natural gas, gold, silver, and Micro E-mini US Index futures (S&P 500, Nasdaq-100, Russell 2000, Dow Jones).
• SGX (Singapore Exchange)coreTechnology or IntegrationProvides access to SGX markets including FTSE China A50 Index Futures and other Asian equity index products.
• Top Financial Institutions (Seminars & Roadshow Partners)minorGTM or Marketing PartnerPhillip Futures actively collaborates with top financial institutions to enhance market literacy through seminars, roadshows, trader education, and the Young Investor Program (YIP).
• MetaQuotes (MetaTrader 5 Developer)coreTechnology or IntegrationLicensed use of MetaTrader 5 trading platform technology for GOFX (Gold, Oil, Forex) multilateral trading via ICDX. Platform available on desktop, web, and mobile.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Interactive Brokers: Global multi-asset broker offering equities, futures, options, and FX with deep institutional and retail reach. Comparable as a broad incumbent competing for Indonesian retail traders seeking global market access.
• IG Group (IG Asia): Global multi-asset broker with Asian operations offering CFDs, futures, and share trading. Comparable as a broad incumbent offering similar asset classes to retail and professional traders across the region.
• Saxo Markets (Singapore): Global multi-asset broker with Singapore presence offering equities, FX, futures, and commodities via its SaxoTrader platform. Comparable as a broad incumbent with multi-asset capabilities targeting affluent ASEAN traders.

Direct peers

• Indopremier Sekuritas (IPOT): Major Indonesian retail brokerage offering multi-asset trading (stocks, mutual funds, and online trading via the IPOT platform). Directly comparable as a domestic multi-asset broker targeting Indonesian retail investors with similar product breadth.
• Valbury Asia Futures: Indonesian futures brokerage offering commodities, forex, and index futures. Directly comparable as a domestic futures-focused broker serving retail and institutional clients in Indonesia.
• Phillip Securities (Singapore) / PhillipCapital Singapore: Sister entity under the PhillipCapital group, offering futures and securities brokerage in Singapore. Directly comparable in business model, regulatory structure, and platform approach within the same parent group.
• Trimegah Sekuritas Indonesia: Indonesian retail and institutional broker with online trading platforms and equity research. Comparable in offering Indonesian investors access to domestic and offshore equity and derivative products.
• Mirae Asset Sekuritas Indonesia: One of Indonesia's largest retail-focused securities firms with online trading, equity research, and global market access. Comparable as a full-service Indonesian broker competing for the same retail and young-investor segments.
• MNC Sekuritas: Indonesian retail-focused broker with online trading platform and equity research. Comparable as a domestic peer competing for the same retail investor base and product breadth in Indonesia.

Emerging players

• eToro: Global retail social trading platform with growing presence in Southeast Asia offering stocks, ETFs, and CFDs. Comparable as an emerging multi-asset retail platform targeting young, first-time investors with similar digital onboarding flows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/phillipfutures
• YouTubeyoutube.com/channel/UCWJ1FEiIcmqLHizWV9JFM1g
• Facebookfacebook.com/ptphillipfutures
• Instagraminstagram.com/phillipfutures

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 PT Phillip Futures