About MRG MEGA BERJANGKA
Company Overview
MRG MEGA BERJANGKA (PT. MRG Mega Berjangka) is a futures brokerage based in Jakarta, Indonesia, operating under the official domain mrg.co.id. The company states it was established in 1998, though regulatory records indicate an incorporation date of 22 February 2021. It is authorized and regulated by the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI) under license number 05/BAPPEBTI/SI/XII/2000, and is also a member of the Jakarta Futures Exchange (JFX).
As a BAPPEBTI-regulated entity, MRG MEGA BERJANGKA is permitted to offer trading in commodity futures, including gold, silver, crude oil, and other products, as well as foreign exchange (forex) derivatives. The firm is headquartered at Panin Tower Lt.22, Senayan City, Jakarta, and maintains a presence on social media platforms Facebook and YouTube.
Regulatory Status
MRG MEGA BERJANGKA holds a Forex Trading License (EP) from BAPPEBTI, with a status of 'Regulated,' and a Derivatives Trading License (AGN) from JFX, also 'Regulated.' These licenses indicate that the broker is subject to oversight by Indonesian authorities, which require compliance with capital adequacy, reporting, and operational standards.
It is important to note that BAPPEBTI regulation is specific to Indonesia and may not offer the same level of investor protection as regulators in jurisdictions like the UK or Australia. Traders should verify the license details directly with the regulator. FXCanary has assigned a Scam Risk Score of 25/100 (Guarded), reflecting a moderate level of risk due to limited publicly available information about the broker's operations and client feedback.
Trading Instruments
Based on its licenses, MRG MEGA BERJANGKA is authorized to facilitate trading in commodity futures (e.g., gold, silver, crude oil) and forex derivatives. The specific instruments offered may include XAUUSD (gold vs. US dollar), XAGUSD (silver), and other popular pairs.
As a futures broker, it likely also provides access to indices and energy products. However, the exact product range is not independently verified, and the broker's official website does not provide detailed information in the available search results. Traders should consult the broker directly for a complete list of tradable assets.
Account Types and Trading Conditions
No specific account types, minimum deposits, leverage options, spreads, or commissions are documented for MRG MEGA BERJANGKA in publicly available sources. The broker may offer standard, premier, or pro accounts similar to other Indonesian brokers, but this remains unconfirmed.
Given the lack of transparency on trading conditions, potential clients should request full disclosure from the broker before opening an account. The absence of detailed information is a cautionary factor for traders seeking clarity on costs and features.
Platforms and Tools
The trading platform(s) offered by MRG MEGA BERJANGKA are not specified in public records. Many Indonesian commodity brokers provide MetaTrader 4 (MT4) or MetaTrader 5 (MT5), but this is not confirmed for this broker.
Additional tools such as mobile trading apps, market analysis, or educational resources have not been identified. Traders should verify platform availability and compatibility with their devices before committing to the broker.
Deposits and Withdrawals
Information on payment methods, currencies accepted, and processing times for deposits and withdrawals is not publicly available for MRG MEGA BERJANGKA. Indonesian brokers typically offer bank transfers and local e-wallets, but this is speculative.
Clients should inquire directly about funding options and any associated fees. The lack of published payment policies adds to the overall guarded risk assessment.
Target Market
MRG MEGA BERJANGKA is primarily targeted at Indonesian retail traders and investors interested in commodity futures and forex trading. Its regulation by BAPPEBTI restricts its services to Indonesia, and it likely complies with local laws regarding client eligibility.
The broker may appeal to traders who prefer a locally regulated entity over offshore providers. However, the limited independent information makes it difficult to assess its suitability for different trader profiles.
Overview compiled by FXCanary from regulatory records and public data. full MRG MEGA BERJANGKA review