About MIDTOU
Who Is Midtou?
Midtou, operating as PT. Midtou Aryacom Futures, is an Indonesian online trading broker specializing in futures trading. The company was founded in March 2019 (according to regulatory records) but its website claims a founding date of July 2005. It is headquartered at UOB Plaza Thamrin Nine, 41st floor, in Jakarta Pusat. The broker offers a range of financial instruments including forex, commodities, and stock indices, and primarily serves retail traders in Indonesia.
Regulation and Licensing
Midtou holds licenses from two Indonesian regulatory bodies: BAPPEBTI (Commodity Futures Trading Supervisory Agency) and ICDX (Indonesia Commodity and Derivatives Exchange). It is listed as regulated with a Forex Trading License and a Derivatives Trading License, both in the 'regulated' status. The broker also displays a license from ICH (Indonesia Clearing House). These regulators oversee futures and derivatives trading in Indonesia, providing a level of oversight that is absent from many unregulated offshore brokers.
Trading Platforms and Instruments
The broker offers the popular MetaTrader 4 (MT4) platform, which is available for desktop, web, and mobile devices. MT4 provides charting tools, technical indicators, and support for automated trading via Expert Advisors. Midtou's product lineup includes major and cross forex pairs (such as EUR/USD, GBP/USD, USD/JPY, and EUR/GBP), as well as commodity futures and stock indices. The broker uses a fixed exchange rate of $1 = Rp. 10,000 for contract descriptions, with a floating rate option also mentioned.
Account Types and Minimum Deposit
Midtou offers two main account types: a demo account for practice and a live trading account. The minimum deposit for the live account is stated as Rp2.000.000 (approximately $130). This relatively low entry point makes the broker accessible to Indonesian retail traders with modest capital. The broker also promotes fast and easy withdrawals, claiming 'same day withdrawal' processing for profits and capital.
Target Audience and Regional Focus
Midtou is clearly targeting Indonesian residents, with its website primarily in Bahasa Indonesia and its customer support and office branches located across Indonesia, including Jakarta, Surabaya, Makassar, Semarang, and Yogyakarta. The broker aims to serve traders who are looking for a regulated local broker with a long-standing presence (despite its actual registration date). It positions itself as a broker that understands the needs of Indonesian traders, offering localised services and support.
Overview compiled by FXCanary from regulatory records and public data. full MIDTOU review