Forex PT SGB Broker Review

Performance Matrix

Main Score & Risk Matrix

#948

Score

5.7

Average

PT SGB is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

License 5.9

Business 5.2

Risk Control 5.5

Software 6.2

Regulatory 5.7

Terminal Snapshot

PT SGB Trading Conditions

Registered Region Indonesia

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email berjangka@solidgold.co.id

Contact Number +6202129675088200

Website www.sg-berjangka.com

Balanced Review

Pros & Cons

Pros

Regulated by the Commodity Futures Trading Regulatory Agency (Bappebti)
Diverse trading instruments including Forex, commodities, indices, stocks, and cryptocurrencies
Trading platforms: MetaTrader 4, MetaTrader 5, Web version, and mobile app
Client funds protected through segregated accounts
Comprehensive customer support available 24/5 with multilingual assistance

Cons

Limited transparency regarding account types and conditions
High trading fees compared to industry standards
Mixed user feedback on customer service response times
Platform performance issues affecting trading experience
Focus primarily on commodity futures, limiting broader market access

Compliance Desk

Regulatory Licenses

9.2/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	PT SGB	CFForex	Mahadana	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Indonesia	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	5.7/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does PT SGB Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Beginners	Lower capital requirements, user-friendly	Suitable for small-capital practice
ECN Account	Experienced Traders	Tighter spreads, faster execution	Requires higher trading volume
Demo Account	New Traders	Practice trading without risk	Ideal for learning trading strategies

Account Opening Process

To open an account with PT SGB, prospective traders must follow a straightforward process which includes submitting personal, employment, and financial information. Initially, users will need to visit the official PT SGB website and complete the sign-up form with their full name, email address, and password. Following this, they must verify their email and provide identity verification documents, including a valid ID and proof of address. This process ensures compliance with regulatory standards, such as Know Your Customer (KYC) protocols. Additionally, clients have the flexibility to upgrade to a professional account at a later stage, should their trading needs evolve.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	1.2	$0 (variable depending on account)	Tight spreads for major currency pairs
CFDs (Stocks, Indices, Commodities)	Varies	$0 (variable depending on account)	Commissions may apply based on trading volume
Cryptocurrencies (BTC, ETH)	Varies	$0 (variable depending on account)	Dependent on market conditions

Other Fees

PT SGB clients should be aware of additional fees that may apply, which include deposit and withdrawal fees that vary by payment method, inactivity fees for accounts that remain dormant for an extended period, and potential overnight interest (swap rates) for holding positions overnight. Furthermore, currency conversion fees may apply for transactions involving different currencies. It is advisable for traders to review these costs to maintain an informed trading experience.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

PT SGB is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

PT SGB User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

20%

3 star

60%

2 star

12%

1 star

4%

Ayu Pratiwi

Jakarta

★ ★ ★ ★ ★

I faced significant issues with fund withdrawals. Even though PT SGB claims to process them quickly, my experience has been frustratingly slow. Customer support was not very helpful either, taking too long to respond to my inquiries.

Rudi Setiawan

Bandung

★ ★ ★ ★ ★

Overall, I am pleased with PT SGB. The trading platform, especially MT4, is user-friendly and I appreciate the range of trading instruments available. However, I did experience some minor issues with platform speed during peak hours.

Budi Santoso

Surabaya

★ ★ ★ ★ ★

My experience with PT SGB has been disappointing. The customer support was unresponsive when I needed assistance with my account, and their platform has performance issues that make trading frustrating. I wouldn’t recommend them.

Dewi Lestari

Yogyakarta

★ ★ ★ ★ ★

I have been trading with PT SGB for over a year and have had a great experience. The variety of trading instruments is impressive, and I find the execution speed to be quite good. Their educational resources helped me improve my trading skills significantly.

Indonesia Market