Score

6.70 /10
Average

18FX

Indonesia

Within 1 year

Regulated in Indonesia

Retail Forex License

White label MT5

Regional Brokers

D

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Comparison

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Exposure

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Score

Regulatory Index6.40

Business Index3.54

Risk Management Index9.13

Software Index8.71

License Index6.40

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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WikiFX Verification

18FX · Company summary
18FXReview Summary
Founded2024-10-30
Registered Country/RegionIndonesia
RegulationRegulated (BAPPEBTI, JFX)
Market InstrumentsForex, Commodities, and Indices,
Demo Account
Leverage/
SpreadFrom 0.3 pips
Trading PlatformMetaTrader 5 (PC, iOS, and Android)
Min Deposit/
Customer Supportcs@18fx.co.id
021-50322008
Instagram, Facebook, Twitter, YouTube

18FX Information

18FX is operated by PT. Delapan Belas Berjangka. The brokerage firm is dedicated to financial trading. 18FX uses the MetaTrader 5 trading platform, which supports the trading of various products such as foreign exchange, commodities, and indices. 18FX provides 24/7 customer support. At the same time, it is regulated by BAPPEBTI. However, there is still room for improvement in terms of the transparency of some information, such as the leverage ratio and the rules for fund deposits and withdrawals.

Pros and Cons

Pros Cons
RegulatedLimited information transparency
Spread as low as 0.3 pipsNo leverage information
Various trading instruments
MT5 available
24/7 Customer Support

Is 18FX Legit?

18FX has a certain degree of legitimacy. It conducts its business in accordance with relevant licenses and is regulated by BAPPEBTI. It holds an operating license such as 192/BAPPEBTI/S/II/2003 and is also regulated by JFX, holding an operating license such as SPAB/169/JFX/05/2018.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
legitimacy
BAPPEBTIPT. DELAPAN BELAS BERJANGKARetail Forex License192/BAPPEBTI/SI/II/2003Regulated
legitimacy
JFXPT. Delapan Belas BerjangkaRetail Forex LicenseSPAB/169/JFX/05/2018Regulated
legitimacy

What Can I Trade on 18FX?

On the 18FX platform, a variety of products can be traded. Foreign exchange trading includes common currency pairs such as EUR/USD, USD/JPY, GBP/USD, etc.; Commodity trading covers precious metals such as gold (XAU/USD), silver (XAG/USD), as well as energy products such as crude oil (CLSK); In addition, various index products can also be traded, providing investors with a wide range of investment targets to choose from.

Tradable Instruments Supported
Forex
Commodities
Indicies
Cryptocurrencies
Precious Metals
Shares
ETFs
Bonds
Mutual Funds

18FX Fees

The fee structure of 18FX is relatively simple. The spread of most products is fixed at 0.3, and the commission is $1. In addition, the values of Short Swap (short position swap) and Long Swap (long position swap) vary for different products. This part of the fees will be generated according to the position holding time and affect the trading costs.

Trading Platform

18FX adopts MetaTrader 5 as its trading platform, which supports multiple devices. Traders can download the application for trading through Google Play, the App Store, or a Windows PC.

Trading PlatformSupported Available Devices Suitable for
MetaTrader 5PC, iOS, and AndroidExperienced Trader
platform

Bonus

New users who register on 18FX can receive certain benefits. During specific promotional periods (such as from February 5th to April 30th, 2025), new users have the opportunity to obtain gold and can also participate in a lottery to win an electric motorcycle. However, investors should be aware that these benefits usually come with relevant terms and conditions before participating in the activities.

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