Basic Information
Pros and Cons
Pros
- Regulated by OJK and Bank Indonesia
- Nearly 20 years of operational experience
- Positive reputation for customer service
- Competitive leverage options
- Trading through TradingView platform
Cons
- Occasional delays in withdrawal processes
- Service speed complaints from users
- Withdrawal issues reported, though rare
Is EsaFX Safe and Legit?
EsaFX, operating under PT Esandar Arthamas Berjangka, is a regulated futures broker based in Jakarta, Indonesia, established in 2004, boasting nearly 20 years of operational experience. The broker provides access to various trading instruments, including forex, commodities, and precious metals, with competitive leverage options and trading through the TradingView platform.
EsaFX is legally registered and regulated by the OJK (Otoritas Jasa Keuangan) and Bank Indonesia, ensuring compliance with local financial regulations. This robust regulatory framework enhances its safety profile, making it a legally sound choice for traders in Indonesia.
In terms of market reputation, EsaFX is generally viewed positively, with users appreciating its customer service and transparent operations. Community feedback indicates a smooth withdrawal process, though there are occasional complaints regarding service speed. Overall, EsaFX is considered a trustworthy platform among traders seeking a regulated and reliable trading environment.
Is EsaFX a Regulated Broker?
What Are the Regulatory Licenses Held by EsaFX?
EsaFX, operating under PT Esandar Arthamas Berjangka, is a regulated futures broker based in Jakarta, Indonesia. The broker is legally registered and regulated by the OJK (Otoritas Jasa Keuangan) and Bank Indonesia, ensuring compliance with local financial regulations, which enhances its safety profile for traders in Indonesia. This robust regulatory framework solidifies EsaFX’s standing as a trustworthy platform among traders seeking a regulated trading environment.
| Regulator Abbreviation | Full Name of Regulator | Regulated Company Entity | Regulatory Status | License Number |
|---|---|---|---|---|
| OJK | Otoritas Jasa Keuangan | PT Esandar Arthamas Berjangka | Active | Publicly verifiable |
| Bank Indonesia | Bank Indonesia | PT Esandar Arthamas Berjangka | Active | Publicly verifiable |
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
EsaFX prioritizes the safety of client funds by holding them in independently regulated bank accounts, separate from the broker’s own assets. This practice aligns with the stringent regulations set forth by the OJK and Bank Indonesia, ensuring that client funds are protected and managed securely under local financial laws.
EsaFX Leverage
EsaFX offers competitive leverage options, complying with local regulatory limits. The maximum leverage varies by product category, accommodating both retail and professional account configurations. This ensures that traders can effectively manage their risk while maximizing their trading potential within regulated limits.
EsaFX Withdrawal Review
How to Contact EsaFX?
Does EsaFX Have Withdrawal Issues?
While EsaFX generally enjoys a positive reputation, there are some complaints related to withdrawal processes. Users report occasional delays, which can lead to frustrations. However, credible sources indicate a low volume of complaints regarding withdrawal issues, suggesting that significant systemic problems are uncommon. EsaFX’s customer service is noted for being responsive, though resolution times may vary. There have been no reports of large-scale complaints or regulatory penalties concerning withdrawals, indicating that the broker maintains a safe and legitimate trading environment for its users.
Frequently Asked Questions
A1: Yes, EsaFX operates under PT Esandar Arthamas Berjangka and is regulated by the OJK (Otoritas Jasa Keuangan) and Bank Indonesia. This regulatory framework ensures compliance with local financial regulations, enhancing its safety profile for traders in Indonesia.
A2: EsaFX is regulated by the OJK (Otoritas Jasa Keuangan) and Bank Indonesia, ensuring that it adheres to local financial laws and regulations. Both regulatory bodies provide a robust framework for the broker’s operations.
A3: EsaFX prioritizes client fund safety by holding deposits in independently regulated bank accounts, separate from the broker’s own assets. This practice aligns with stringent regulatory requirements set by the OJK and Bank Indonesia.
A4: While EsaFX generally has a positive reputation, some users report occasional delays in the withdrawal process. However, significant systemic withdrawal issues are uncommon, and customer service is noted for being responsive.
A5: EsaFX provides customer support through various channels, including email and phone contact. Specific contact details can typically be found on their official website, ensuring traders have access to assistance when needed.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.