Regulator profile · ID
BAPPEBTI — Badan Pengawas Perdagangan Berjangka Komoditi
Tracked byBrokerlist Editorial · Independent review teamUpdated
BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi) is Indonesia's Commodity Futures Trading Regulatory Agency, supervising futures and OTC derivative trading under Law No. 32/1997 (revised 2011). Indonesian retail FX is treated as a commodity-futures contract under BAPPEBTI rather than a banking or securities product — OJK supervises banking and capital markets separately.
Brokers in Indonesia accepting residents under BAPPEBTI- Jurisdiction
- Republic of Indonesia.
- Founded
- 1999
- Mandate
- Established under the Ministry of Trade by Law No. 32/1997 on Commodity Futures Trading. BAPPEBTI licenses Pialang Berjangka (Futures Brokers) and Pedagang Berjangka (Futures Traders/principals); enforces conduct rules, capital adequacy and customer-fund segregation; operates parallel to OJK's capital-markets supervision.
- Consumer protection
- BAPPEBTI requires segregated client accounts at Indonesia Clearing House (Kliring Berjangka Indonesia, KKI). Compensation funds at member-firm level provide partial coverage in the event of broker default; no statutory deposit-insurance equivalent. Negative balance protection is not statutorily mandated.
- Retail leverage caps
- BAPPEBTI permits retail FX leverage up to 1:200 on major currency pairs — among the more permissive Asian regulators. Some Pialang Berjangka also offer Sharia-compliant accounts (no overnight swaps) under BAPPEBTI's Islamic-financial-services adjacent rules.
- Public register
- BAPPEBTI publishes the Pialang Berjangka list — verify the broker's licence number and Pialang Berjangka classification. Cross-reference Indonesia Clearing House membership for clearing-eligibility status. Open register ↗
- Dispute resolution
- BAPPEBTI's mediation committee handles disputes between clients and licensed Pialang Berjangka. Mediation outcomes are typically non-binding but BAPPEBTI can issue regulatory orders compelling firm-level remediation.
- Editor notes
- BAPPEBTI-licensed brokers include Monex Investindo Futures, Valbury Asia Futures, Soegee Futures and Maxco Futures. International brokers (Exness, OctaFX, XM, FBS) onboard Indonesian residents via offshore entities — BAPPEBTI publishes regular Investor Alerts naming unauthorised platforms targeting Indonesian users. Sharia compliance is a meaningful segment of the local retail market.
Brokers we track with a BAPPEBTI licence
No brokersNo tracked broker currently holds a BAPPEBTI licence in our database.