PT. Didi Max Berjangka
BAPPEBTI Regulated - Moderate TrustPros
- Licensed and regulated by BAPPEBTI (Indonesian Commodity Futures Trading Regulatory Agency) with membership in Jakarta Futures Exchange (JFX) and Indonesian Derivatives Clearing House
- Competitive spreads starting from 1.0 pips with commission-free trading on standard accounts
- Multiple trading platforms available including MT4, MT5, JAFeTS, and proprietary Didimax Trader platform with mobile apps
- Fast deposit and withdrawal processing with 20-minute standard processing time for verified accounts
- Client funds are held in segregated accounts for enhanced security and protection
- Comprehensive educational resources and trading tools available through their learning center
- Local presence with multiple branch offices across Indonesia providing direct support to clients
Cons
- High minimum deposit requirement of $10,000 USD may be prohibitive for many retail traders
- Leverage limited to 1:400 which is lower than some international brokers offering up to 1:500 or 1:1000
- Primarily focused on Indonesian market with limited international presence
- Customer support mainly in Indonesian language with limited English support options
- Limited range of tradable instruments compared to global brokers
- Trading platform interface and educational materials primarily in Indonesian language
Basic Information
User Reviews
Regulation Analysis
PT. Didi Max Berjangka operates under the regulatory framework of BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi), the Indonesian Commodity Futures Trading Regulatory Agency. The broker holds valid licenses and memberships with key Indonesian financial institutions: Jakarta Futures Exchange (JFX) membership number SPPKB-003/BBJ/09/00 and Indonesian Derivatives Clearing House membership number 005/AK-KJBK/XII/2000. Under BAPPEBTI regulation, the broker must maintain adequate capital requirements, submit regular financial reports, and keep client funds in segregated accounts at approved Indonesian banks. While BAPPEBTI provides regulatory oversight for the Indonesian futures market, it’s important to note that this regulatory framework may not offer the same level of investor protection as major international regulators like the FCA or ASIC. The broker has maintained compliance with local regulations since its establishment in 2000, with no major regulatory infractions reported. Clients should be aware that BAPPEBTI regulation primarily focuses on the Indonesian market and may have different standards compared to international regulatory bodies.
Trading Products
- Forex Trading: Access to major, minor, and exotic currency pairs with spreads starting from 1.0 pips and leverage up to 1:400. Trading available on multiple platforms including MT4 and MT5
- Metals Trading: Gold and silver contracts available with competitive spreads
- Indices Trading: Major global indices including US, European, and Asian markets
- Energy Products: Trading in crude oil and other energy commodities
- Multilateral Commodities: Various commodity contracts available through the Jakarta Futures Exchange
- Trading Conditions: Minimum order size of 0.1 lots, market execution, with margin call at 50% and stop out at 30%
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform offering advanced charting, multiple order types, Expert Advisors (EAs), and mobile trading capabilities
- MetaTrader 5 (MT5): Next-generation platform with enhanced features, additional timeframes, and improved technical analysis tools
- JAFeTS: Local Indonesian trading platform compliant with BAPPEBTI regulations
- Didimax Trader: Proprietary mobile trading platform available for iOS and Android devices, offering convenient account management and trading features
- Mobile Trading: Full support for trading on mobile devices through MT4, MT5, and Didimax Trader apps
Deposit and Withdrawal
- Minimum Deposit: $10,000 USD requirement for account opening
- Deposit Methods: Bank wire transfers through Indonesian banks, local payment methods
- Processing Time: Standard processing within 20 minutes for verified accounts
- Withdrawal Methods: Same as deposit methods to comply with anti-money laundering regulations
- Withdrawal Processing: Quick processing times for verified accounts, typically within one business day
- Documentation: Standard KYC documentation required including proof of identity and proof of address
- Currency Options: Trading accounts primarily in USD and IDR
Customer Support
Didimax provides customer support through multiple channels including email (support@didimax.co.id), phone (+62 22-86063684), and dedicated client complaint service (pengaduan@didimax.co.id). Support is available during Indonesian business hours with physical presence in multiple cities including Bandung (headquarters), Yogyakarta, and Pekanbaru. The broker maintains branch offices for direct client support and consultation. Primary support language is Indonesian, with limited English support available. Response times are generally quick for local clients, with most queries handled within 24 hours. Technical support is available for trading platform issues, and a dedicated complaint handling system is in place as required by BAPPEBTI regulations.
FAQ
Q: Is Didimax a regulated broker?
A: Yes, Didimax (PT. Didi Max Berjangka) is regulated by BAPPEBTI, the Indonesian Commodity Futures Trading Regulatory Agency. They hold memberships in the Jakarta Futures Exchange (JFX) and Indonesian Derivatives Clearing House, operating under licenses SPPKB-003/BBJ/09/00 and 005/AK-KJBK/XII/2000 respectively. This regulatory framework ensures compliance with Indonesian financial regulations and client fund protection measures.
Q: What is the minimum deposit required to start trading with Didimax?
A: The minimum deposit requirement at Didimax is $10,000 USD. This relatively high minimum deposit positions them as a broker focused on serious traders and investors rather than beginners. All client funds are held in segregated accounts in compliance with regulatory requirements.
Q: What trading platforms does Didimax offer?
A: Didimax provides multiple trading platforms including MetaTrader 4 (MT4), MetaTrader 5 (MT5), JAFeTS (Indonesian platform), and their proprietary Didimax Trader mobile app. These platforms offer various features including advanced charting, multiple order types, and mobile trading capabilities.
Q: How long do withdrawals take to process?
A: Didimax advertises a 20-minute standard processing time for withdrawals on verified accounts. However, actual receipt of funds may take longer depending on the payment method and bank processing times. All withdrawals must comply with anti-money laundering regulations and are processed back to the original funding source.