MIFX (Monex Investindo Futures) review: is it safe for gold trading?
Founded 2000 · Jakarta, Indonesia · Local Indonesia broker
- Score (other countries)
- Not offered
- Best score
- 49 · Indonesia
- Tier 1–2 for you in
- 1 / 22 countries
- Trader Voice
- 68
- Platforms
- MT4 · Own
On this page
Is MIFX (Monex Investindo Futures) safe?
MIFX (Monex Investindo Futures) is a 26-year-old broker headquartered in Jakarta, Indonesia. The group has 1 regulated companies (BAPPEBTI). How safe it is for you depends on which one opens your account: in 1 of the 22 countries we cover that is a Tier 1–2 regulated company.
Regulation and licences
| Company | Regulator | Regulator tier | Licence | Retail clients |
|---|---|---|---|---|
| PT Monex Investindo Futures | Commodity Futures Trading Regulatory Agency ↗ Indonesia | Tier 2 · strong | Pending check | Yes |
Each regulator name links to its own public register. Search the exact company name from your account agreement there before you deposit. How to verify a licence
Which company holds your account
MIFX (Monex Investindo Futures) assigns clients to different companies depending on where they live. This is the company, regulator and score you would get in each country we cover.
| If you live in | Your account is held by | Regulator | Score | Rank |
|---|---|---|---|---|
| Other countries | Not accepted | — | — | — |
| United States | Not accepted | — | — | — |
| United Kingdom | Not accepted | — | — | — |
| EU / EEA | Not accepted | — | — | — |
| Australia | Not accepted | — | — | — |
| Canada | Not accepted | — | — | — |
| Singapore | Not accepted | — | — | — |
| Malaysia | Not accepted | — | — | — |
| Indonesia | PT Monex Investindo Futures | BAPPEBTI T2 | C49 | 4 / 19 |
| Thailand | Not accepted | — | — | — |
| Vietnam | Not accepted | — | — | — |
| Philippines | Not accepted | — | — | — |
| India | Not accepted | — | — | — |
| Japan | Not accepted | — | — | — |
| Hong Kong | Not accepted | — | — | — |
| UAE | Not accepted | — | — | — |
| South Africa | Not accepted | — | — | — |
| Kenya | Not accepted | — | — | — |
| Nigeria | Not accepted | — | — | — |
| South Korea | Not accepted | — | — | — |
| Turkey | Not accepted | — | — | — |
| Mongolia | Not accepted | — | — | — |
| Brazil | Not accepted | — | — | — |
Scores are provisional until our cost, news-spread and withdrawal tests are in. T1 = strictest regulator tier, T5 = company registration only. Licence details pending register check.
Trading gold with MIFX (Monex Investindo Futures)
- Platforms
- MT4, Own platform
- Minimum gold order
- 0.01 lot (1 oz)
- Swap-free account
- No
- Minimum deposit
- Not published
- Round-trip cost, 1 lot XAUUSD
- Not measured yet
- Spread widening at NFP
- Not measured yet
- Withdrawal time
- Not measured yet
- Overnight swap, 1 lot long
- Not measured yet
Cost, news-spread and withdrawal tests run on live accounts from our gold cost lab. Results appear here as each broker is tested. Gold pip value calculator · Margin calculator
Fees, deposits and withdrawals
What the broker publishes about deposits, withdrawals and fees. These are the broker’s own terms, collected from independent reviews and the broker’s pages, not our lab measurements.
- Minimum deposit
- IDR 500,000 (Standard, Ultra Low); IDR 100m for Pro
- Inactivity fee
- None listed
- Deposit fee
- None listed
- Withdrawal fee
- None listed
- Withdrawal time
- Same day if requested before 11:30 (IDR) or 10:00 (USD); instant for BCA under IDR 10m
- Account types
- Standard · Ultra Low · Pro · Pro Rebate · Multilateral
- Raw account commission
- Commission on every account: 1–10 USD per lot depending on account
- Payment methods
- Bank transfer · Virtual account · E-wallet
- No public regulatory sanctions found in our search
- Leverage capped at 1:100 under Indonesian rules
- Scammers impersonate MIFX with fixed-return schemes on Telegram and WhatsApp
Checked 2026-11-05. Terms change; confirm on the broker’s site before you deposit.
Regulatory record
We found no public regulatory fines against MIFX (Monex Investindo Futures) in our search (2026-11-05). That is not a guarantee; check the regulators’ enforcement pages too.
Fines and regulator orders in the last five years reduce the protection score: −4 each, up to −12. Self-reported breaches that were compensated, and public warnings, are shown but not scored.
Score breakdown
MIFX (Monex Investindo Futures) only takes clients in countries where it has a local company, so its score depends on the country. See the table above.
Pros and cons
Pros
- 26 years in business.
Cons
- Licence details come from the broker’s own pages; our register check is not finished.
- Only accepts clients in the countries where it holds a local licence.
- Does not accept residents of 21 of the 22 countries we cover.
- No MetaTrader 5.
- No swap-free account.
What traders say
The Trader Voice score sits beside our expert score and is never mixed into it. It combines public review scores with ratings from our own readers.
Trader Voice
68
Expert score (best, Indonesia): 49
Our readers
No reader ratings yet. Be the first below.
What reviewers praise
- Fast deposits and withdrawals
- Indonesian-language support and local offices
What reviewers complain about
- Slow or altered payouts
- Disputed fills and stop-losses
…
Trustpilot scores reflect who a broker invites to review, so we temper them with the share of one-star reviews. Reader ratings count after an account is 72 hours old; one rating per account per broker. Full methodology and data rules
Trader evidence
What readers report from their own accounts: how long withdrawals took, complaints whose evidence our editors checked, and corrections to our data. Nobody can pay to remove a complaint.
Median withdrawal time
—
No reports yet
Arrived within 24 hours
—
Verified complaints
0
0 resolved
…
Questions
Is MIFX (Monex Investindo Futures) safe for gold trading?
MIFX (Monex Investindo Futures) is a 26-year-old broker headquartered in Jakarta, Indonesia. The group has 1 regulated companies (BAPPEBTI). How safe it is for you depends on which one opens your account: in 1 of the 22 countries we cover that is a Tier 1–2 regulated company.
Is MIFX (Monex Investindo Futures) regulated?
Yes. PT Monex Investindo Futures is regulated by Commodity Futures Trading Regulatory Agency (Indonesia). These details are from the broker’s legal pages and our register check is still pending.
Which countries does MIFX (Monex Investindo Futures) not accept?
Of the countries we cover, MIFX (Monex Investindo Futures) does not accept residents of United States, United Kingdom, EU / EEA, Australia, Canada, Singapore, Malaysia, Thailand, Vietnam, Philippines, India, Japan, Hong Kong, UAE, South Africa, Kenya, Nigeria, South Korea, Turkey, Mongolia, Brazil.
Does MIFX (Monex Investindo Futures) offer MT4, MT5 or TradingView for gold?
MIFX (Monex Investindo Futures) offers MT4, its own platform. The minimum gold order is 0.01 lot.
Does MIFX (Monex Investindo Futures) have a swap-free account?
Not that we could confirm.
Alternatives
See also
Best brokers by country
Data checked: November 2026 · Sources: [1][2]
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Ratings are our opinion, based on the data and rules described in the methodology. They are not investment advice.