Kresna Futures

Kresna Futures is a futures brokerage firm based in Indonesia, established on March 5, 2019. It operates as part of the Kresna Group, a local business conglomerate. The company is registered with Indonesia's commodities futures trading regulator, BAPPEBTI, under license number 423/BAPPEBTI/SI/VII/2004, authorising it to offer retail foreign exchange and commodity futures trading.

The broker is a member of the Jakarta Futures Exchange (JFX) and the Indonesian Clearing House (KBI), which provides a regulated framework for trading futures contracts. While the firm is relatively new, its affiliation with the Kresna Group suggests some backing from a broader financial or investment network. However, independent user reviews are scarce, and public information beyond regulatory registration is limited.

Kresna Futures holds a forex trading license from BAPPEBTI, the Commodity Futures Trading Regulatory Agency in Indonesia. This license indicates that the broker is subject to oversight by Indonesian authorities, including compliance with capital adequacy and reporting standards. The license number 423/BAPPEBTI/SI/VII/2004 is publicly verifiable on BAPPEBTI's official register.

However, the FXCanary Scam Risk Score of 42/100 (Guarded) reflects the broker's short operating history and the absence of widespread independent feedback. Traders should exercise caution and conduct their own due diligence, particularly regarding segregation of client funds and dispute resolution mechanisms. The lack of an established track record means that the broker's regulatory standing is its primary safeguard.

Kresna Futures offers online access to futures trading across multiple asset classes. According to its registration, the broker facilitates trading in major commodities (such as gold, silver, and crude oil) through a multilateral trading system. It also provides alternative trading systems (SPA) for more sophisticated strategies.

As a retail forex licensee, the broker likely offers leveraged trading on currency pairs, though specific details on available instruments are not publicly confirmed. The broker's membership in the Jakarta Futures Exchange ensures that trades are executed within a regulated exchange environment, which may provide some transparency in pricing and execution.

Information on specific account types (e.g., standard, mini, or Islamic accounts) is not publicly available from independent sources. The broker's own website or marketing materials may detail these offerings, but our review could not verify them due to the absence of current official content in the public domain.

Similarly, the trading platforms used by Kresna Futures are not disclosed. Common platforms for Indonesian futures brokers include MetaTrader 4/5 or proprietary platforms, but this remains unconfirmed. Potential clients would need to request platform details directly from the broker.

No independent information exists regarding Kresna Futures' deposit and withdrawal methods, minimum deposits, or processing times. Indonesian brokers typically support local bank transfers and e-wallets, but this has not been verified for Kresna Futures.

Given the lack of published fee schedules or payment policies, traders should clarify all terms before funding an account. The absence of this information in public records is a notable gap.

Kresna Futures appears to target both local and international investors interested in Indonesia's regulated futures market. Its positioning as a member of the Jakarta Futures Exchange may appeal to traders seeking exposure to Indonesian commodity contracts.

However, the broker's newness and limited public profile suggest it is best suited for experienced traders who understand the risks of futures trading and who are comfortable conducting their own research. Beginners may find better-resourced alternatives with more transparent track records.