About Jalatama
Who Is Jalatama?
Jalatama is an Indonesian brokerage firm established on 13 March 2019. The company is registered under the name PT Jalatama and operates the domain jalatama.co.id. Its headquarters is located at Soho Capital Lt. 36 Suite 3606, Jl Letjend S. Parman Kav 28, Tanjung Duren Selatan, Grogol Petamburan, Jakarta Barat 11470.
The broker is authorised by two Indonesian regulators: BAPPEBTI (Commodity Futures Trading Regulatory Agency) and JFX (Jakarta Futures Exchange). BAPPEBTI holds the firm's Forex Trading License (EP) with a 'Regulated' status. JFX provides a Derivatives Trading License (AGN) which also carries a 'Regulated' status. These licences indicate that Jalatama operates under the oversight of Indonesian financial authorities, though traders should verify the current validity of these licences directly with the regulators.
Regulation and Licensing
Jalatama holds regulation from BAPPEBTI, the Indonesian government agency that supervises commodity futures trading. The specific licence is a Forex Trading Licence (EP) with regulated status. In addition, the firm is an active member of JFX, the designated futures exchange in Indonesia, which grants a Derivatives Trading Licence (AGN).
These two regulatory credentials mean Jalatama must adhere to Indonesian commodity futures laws, including client fund segregation, reporting standards, and capital adequacy requirements. However, traders should be aware that Indonesian regulation differs from frameworks in major financial centres such as the FCA or CySEC, and the level of investor protection may be lower.
Account Types and Trading Conditions
Jalatama offers two account types: Regular and Platinum. Both accounts provide a maximum leverage of 1:100. The minimum deposit is not clearly stated in available public records, but the company description mentions a minimum deposit of IDR 10,000,000 (approximately USD 640 at typical exchange rates). The spread on the Regular account starts from $3 per trade, which is relatively wide compared to industry standards.
The leverage of 1:100 is moderate and aligns with regulatory limits in Indonesia. While no specific information about commission fees is provided, traders should expect the $3 spread to be inclusive of trading costs. The lack of detailed account specifications means potential clients should contact Jalatama directly for full terms.
Available Instruments
According to public records, Jalatama offers trading in forex, precious metals, indices, and commodities. This range covers the most popular asset classes for retail traders. The specific forex pairs, metal contracts, index CFDs, and commodity products are not listed, but the broker's description implies a typical selection for an Indonesian broker.
Traders interested in niche instruments such as individual stocks or cryptocurrencies may not find them with Jalatama. The instrument list is general, and more granular details should be requested from the company or checked via their trading platform.
Funding and Withdrawals
No specific information about deposit and withdrawal methods has been confirmed through independent sources. The known facts indicate a minimum deposit of IDR 10,000,000, which is a relatively high barrier to entry for retail traders. This may suggest that Jalatama targets more capitalised clients.
Traders should verify accepted payment methods (likely local bank transfers, possibly e-wallets) and any associated fees before committing funds. The absence of published funding details in the public record is a point of caution.
Trading Platforms
The known facts do not specify which trading platform Jalatama offers. Many Indonesian brokers provide MetaTrader 4 or 5, but without confirmation, traders must assume a proprietary or white-label solution. The lack of platform information is a significant gap for prospective clients.
Interested traders should inquire directly about platform compatibility, execution type, and available tools. In our assessment, the absence of this basic detail from public records raises informational transparency concerns.
Who Is the Broker For?
Jalatama caters primarily to Indonesian resident traders who are comfortable with local regulation and a minimum deposit of around IDR 10 million. The 1:100 leverage is suitable for conservative to moderately aggressive traders. The limited account types and relatively high minimum deposit suggest the firm is not targeting beginners or low-budget traders.
The broker may appeal to those who prefer a locally regulated entity over an offshore broker. However, the lack of detailed information and the high risk score from aggregated industry data means that only experienced traders with a high tolerance for due diligence should consider this broker.
Overview compiled by FXCanary from regulatory records and public data. full Jalatama review