What PT Sinarmas Futures does

PT Sinarmas Futures is a privately held Indonesian commodity futures brokerage founded in 2006 and headquartered at Sinar Mas Land Plaza in Central Jakarta, operating under an operational license from BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi), the Indonesian Ministry of Trade's commodity futures regulatory authority. The company is part of the diversified Sinarmas Group conglomerate and serves individual retail investors in Indonesia who want direct, in-exchange exposure to gold (EMAS), forex, and crude oil (MINYAK MENTAH). Customer funds are segregated through the Indonesia Clearing House (ICH), and trade execution is conducted directly on the ICDX (Indonesia Commodity & Derivatives Exchange) and, per its partnerships, JFX (Jakarta Futures Exchange), rather than on an over-the-counter basis.

The platform is built around two client-facing components: GOFX, the company's proprietary branded interface for trading gold, forex, and crude oil on ICDX; and MetaTrader 5 (MT5), a third-party multi-asset platform licensed from MetaQuotes and distributed on Windows desktop, iOS, and Android. MT5 provides the execution layer, market-depth data, and algorithmic-trading hooks (Expert Advisors), while a demo account (Simulasi Transaksi) is offered for onboarding before live capital is committed. Distribution is entirely digital and self-serve: prospective clients register, deposit, and begin trading through the MT5 application without sales interaction.

The business model is a pure transaction-fee brokerage: revenue is generated from commissions on commodity futures contracts traded through GOFX/MT5 on the ICDX exchange. Pricing is not publicly disclosed and varies by contract. The customer base is horizontal retail (individual investors) with no named enterprise or institutional clients in the source data. Marketing is limited to organic social (Instagram), the corporate website, and email. The company operates from a single Jakarta headquarters with 14 employees, supporting a domestic-only geographic footprint with no disclosed international expansion.

Name

PT Sinarmas Futures

Legal name

PT Sinarmas Futures

Website

https://sinarmasfutures.co.id

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

PT Sinarmas Futures is a Jakarta-based, BAPPEBTI-licensed Indonesian commodity futures brokerage serving individual retail investors with direct exchange trading in gold, forex, and crude oil through its GOFX platform and MetaTrader 5 application.

Ownership category

akta.pro rank

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Commodity Futures Trading Commissions: Revenue generated from transaction fees and commissions on commodity futures trades executed through the GOFX platform on ICDX exchange. Trading involves gold, forex, and crude oil products with fees charged per transaction.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

PT Sinarmas Futures is a BAPPEBTI-licensed Indonesian commodity futures broker that enables individual retail investors to trade gold (EMAS), forex, and crude oil (MINYAK MENTAH) directly on the ICDX exchange. Customers open accounts, deposit funds, and execute trades through the company's GOFX platform running on the MetaTrader 5 (MT5) application across desktop and mobile devices, with all customer funds held and protected through the Indonesia Clearing House (ICH). A demo/simulation account is provided so prospective clients can practice trading before committing real capital.

Product overview

PT Sinarmas Futures operates as a commodity futures brokerage licensed by BAPPEBTI since 2006, offering a unified trading platform centered around GOFX for trading gold, forex, and crude oil. The company provides access through the MetaTrader 5 (MT5) multi-asset platform, available on desktop and mobile devices, enabling direct transactions within the ICDX exchange. A demo account (Simulasi Transaksi) is offered for prospective clients to practice trading before opening live accounts.

Differentiator

Problem solved

Functional benefit

Brands

• GOFX: Trading platform for gold (EMAS), forex, and crude oil (MINYAK MENTAH)

Products and services

• GOFX Trading Platform Sinarmas Futures' flagship trading platform that enables Indonesian retail investors to trade gold (EMAS), forex, and crude oil (MINYAK MENTAH) commodity futures directly on the ICDX exchange, with execution routed through the MT5 application.
• MetaTrader 5 (MT5) Trading Application Multi-asset trading application for Windows desktop, Android, and iOS that provides direct access to the ICDX exchange, real-time market depth, and automated trading capabilities through Expert Advisors, used by Sinarmas Futures customers to execute commodity futures trades.
• Demo Account (Simulasi Transaksi) A simulated/practice trading account offered by Sinarmas Futures that lets prospective clients execute virtual commodity futures trades and learn the ICDX trading rules before committing real funds, as required for onboarding under BAPPEBTI guidelines for high-risk margin products.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• ICDX (Indonesia Commodity & Derivatives Exchange)coreTechnology or IntegrationPrimary exchange partner for commodity and derivatives trading. Sinarmas Futures executes customer trades directly on ICDX through the MT5 platform, providing real-time market access and exchange execution.
• ICH (Indonesia Clearing House)coreTechnology or IntegrationClearing house partner responsible for trade settlement and customer fund protection. All customer funds are secured through this institutional counterparty.
• JFX (Jakarta Futures Exchange)coreTechnology or IntegrationFutures exchange partnership providing access to futures trading markets in Indonesia.
• BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi)coreOthersRegulatory oversight body under the Ministry of Trade of the Republic of Indonesia. Licensed and regulated since 2006 for commodity futures trading operations.
• MetaQuotescoreTechnology or IntegrationProvider of MetaTrader 5 (MT5) trading platform technology. Sinarmas Futures uses MT5 as the primary trading platform for customer access to commodity and forex markets.
• Sinarmas SekuritasminorChannel Partner/ Reseller/ DistributorRelated entity within Sinarmas Group providing securities brokerage services. Cross-referred through brand association and logo display.

Scale indicators1 record

Recent moves5 records

Expansion highlights2 records

Direct peers

• PT Phillip Futures Indonesia: Indonesia subsidiary of PhillipCapital group, offering BAPPEBTI-regulated commodity futures brokerage to retail clients via MT5 with multi-asset access — comparable in regulated retail futures distribution.
• PT Monex Investindo Futures: BAPPEBTI-licensed Indonesian retail commodity futures broker providing trading access to local exchanges (including ICDX) for individual investors in gold, forex, and other commodities — closest direct head-to-head competitor.
• PT Garuda Futures: Indonesian commodity futures brokerage licensed by BAPPEBTI, offering retail trading on local exchanges including gold and forex — same product set and customer segment as Sinarmas Futures.
• PT Valbury Asia Futures: Indonesian commodity futures brokerage also licensed by BAPPEBTI, offering retail futures trading via MetaTrader-based platforms on local exchanges — directly comparable in business model, customer base, and product mix.
• PT Equity Futures: BAPPEBTI-licensed Indonesian retail commodity futures broker providing local-exchange trading access to individuals — a like-for-like licensed local competitor of similar scale.

Others

• PT ICDX (Indonesia Commodity & Derivatives Exchange): The exchange venue on which Sinarmas Futures routes customer orders. Not a competitor but a key infrastructure partner; its product listings directly determine what Sinarmas Futures can offer.
• Sinarmas Sekuritas: Related-entity securities broker within the Sinarmas Group already co-marketed on the Sinarmas Futures website. Adjacent rather than competing — a natural channel partner for cross-selling into equity investors.
• PT Jakarta Futures Exchange (JFX): Indonesia's other major commodity futures exchange and a listed partnership of Sinarmas Futures. Not a competitor but adjacent market infrastructure whose product range affects Sinarmas Futures' addressable market.

Regional players

• RHB Futures Indonesia (OSCT Futures): Indonesia-licensed futures brokerage affiliated with Malaysian regional bank RHB. Comparable as a regional financial-group-backed retail commodity futures broker operating in the same BAPPEBTI framework.

Broad incumbents

• Interactive Brokers: Global multi-asset broker offering Indonesian-resident clients regulated access to global futures and commodities via its own platform. Represents the larger, broader incumbent competitive threat against which Sinarmas Futures competes for retail traders.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Instagraminstagram.com/sinarmasfutures
• LinkedInlinkedin.com/company/pt-sinarmas-futures

Compliance1 record

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 PT Sinarmas Futures