PasarFX

PasarFX is a forex broker registered in Indonesia, established on 24 April 2023. The broker is headquartered in Jakarta Barat, DKI Jakarta, with a registered address at Soho Capital, Lt. 39, Unit 05. It operates under the official domain pasarfx.co.id and primarily targets Indonesian traders.

As a relatively new entity, PasarFX has obtained regulatory oversight from the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI), along with memberships in the Indonesia Commodity and Derivatives Exchange (ICDX) and the Jakarta Futures Exchange (JFX). These affiliations position it within the regulated framework for commodity and derivatives trading in Indonesia.

PasarFX holds a Forex Trading License (EP) from BAPPEBTI, which is the main regulatory body for commodity futures trading in Indonesia. Additionally, it is licensed as a Derivatives Trading Member (EP) by ICDX and as a Derivatives Trading Member (AGN) by JFX. All three licenses are reported as 'Regulated' in our records.

It is important to note that BAPPEBTI regulation applies specifically to derivatives and commodity futures within Indonesia. While this provides a baseline of oversight, it differs from the regulatory frameworks of major forex hubs such as the FCA or CySEC. Traders should be aware that investor compensation schemes and dispute resolution mechanisms may be limited compared to more established jurisdictions.

PasarFX offers two account tiers: the GOFX Mini account, requiring a minimum deposit of $100, and the GOFX Micro account, requiring a minimum deposit of $50. The maximum leverage for these accounts is not disclosed in the available records, which is a notable omission for potential traders.

No additional information regarding spreads, commissions, or available instruments is provided in our data. The absence of such details limits the ability to fully assess the competitiveness of the trading environment. Traders are advised to consult the broker directly for complete account specifications.

The known facts do not specify which trading platforms PasarFX offers, nor the full range of tradable instruments. Based on its regulatory licenses, it is likely to offer forex pairs, commodities, and possibly indices. However, without official confirmation, these remain assumptions.

Given the lack of publicly available information, potential traders should seek clarity from the broker regarding platform availability (e.g., MetaTrader 4/5, proprietary platforms) and the complete list of instruments before opening an account.

PasarFX maintains a presence on Facebook, Instagram, and YouTube. This suggests an effort to engage with the trading community in Indonesia and to provide educational or promotional content.

Social media activity can be a useful channel for customer support and updates, but it should not substitute for verifiable public information on trading conditions, security measures, and financial stability.

PasarFX is a relatively new broker, having been founded only in April 2023. Its operational history is limited, and there are few independent reviews or user testimonials available as of this writing. The FXCanary Scam Risk Score of 31/100 (Guarded) reflects the elevated risk associated with the broker's short track record and limited transparency.

Traders considering PasarFX should perform thorough due diligence, including verifying its licenses directly with BAPPEBTI and testing customer service responsiveness. The absence of comprehensive public information about trading costs, execution policies, and fund security should be weighed carefully.