About sinarmas futures
Company Overview
Sinarmas Futures is a futures and forex brokerage headquartered in Jakarta, Indonesia. It operates as a subsidiary of the Sinarmas Group, a large Indonesian conglomerate. The company was established in 2019 (as per regulatory records) and is licensed and regulated by the Commodity Futures Trading Regulatory Agency (BAPPEBTI) of Indonesia under a Forex Trading License (EP) with a regulated status.
The broker's registered address is at BII Plaza Tower III, LanTai 5, Jl. MH. Thamrin No. 51, Jakarta 10350. Sinarmas Futures targets both retail and professional traders in Indonesia, offering access to a range of futures contracts including indices, commodities, currencies, and treasury bonds.
Regulation and Licensing
Sinarmas Futures holds a license from BAPPEBTI, the Indonesian commodity futures trading regulator. The license type is a Forex Trading License (EP), indicating authorization to offer forex and commodity futures trading. BAPPEBTI is the primary regulatory body for futures brokers in Indonesia, providing a framework for investor protection and market integrity.
As of our review, we have no evidence of additional licenses from other jurisdictions. The broker's regulatory standing is a key factor for traders considering Indonesian-regulated brokers, though it may not offer the same level of oversight as regulators in major financial hubs.
Trading Conditions and Accounts
According to our known facts, Sinarmas Futures requires a minimum deposit of IDR 10 million (approximately USD 650 at current exchange rates). The broker offers leverage up to 1:10, which is standard for Indonesian futures brokers under BAPPEBTI regulations.
The specific account types, spreads, and commission structures are not publicly detailed in the information we have. Traders interested in these details would need to contact the broker directly or consult official documentation. The lack of readily available account information is a consideration for potential clients.
Products and Instruments
Sinarmas Futures provides trading in a variety of futures contracts, including indices, commodities, currencies, and treasury bonds. This product range allows traders to diversify across asset classes within a single regulated platform.
As a futures broker, the instruments are likely offered as exchange-traded futures rather than over-the-counter CFDs, which may have different margin and settlement characteristics. The specific commodities and index futures available are not detailed in our records.
Platform and Tools
Our known facts do not specify the trading platform(s) offered by Sinarmas Futures. Many Indonesian brokers commonly provide MetaTrader 4 or 5, or proprietary platforms, but we cannot confirm this for Sinarmas Futures without official website access.
The broker has a social media presence on Facebook, Instagram, and Twitter/X, which may be used for customer engagement and updates. However, the availability of educational resources, research tools, or demo accounts is not documented in our current information.
Deposits and Withdrawals
Funding and withdrawal methods are not specified in our known facts. As a local Indonesian broker, clients likely can use bank transfers from major Indonesian banks. The processing times and any fees are unknown.
The minimum deposit of IDR 10 million suggests a moderate entry barrier compared to some offshore brokers that allow smaller deposits. Traders should verify the exact payment methods and any associated costs directly with the broker.
Target Audience and Suitability
Sinarmas Futures appears to cater to Indonesian traders familiar with local regulatory standards and languages. The minimum deposit and leverage limits are typical for BAPPEBTI-regulated brokers, offering a conservative trading environment.
The broker may suit traders who prefer to operate under a well-known local conglomerate brand and within a regulated framework. However, the limited publicly available information means traders should conduct thorough due diligence before committing funds.
Overview compiled by FXCanary from regulatory records and public data. full sinarmas futures review