Score

6.34 /10
Average

AGRODANA

Indonesia

5-10 years

Regulated in Indonesia

Retail Forex License

MT4 Full License

Regional Brokers

C

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Score

Regulatory Index4.94

Business Index7.34

Risk Management Index9.67

Software Index8.43

License Index4.94

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VPS Standard
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Company Name

PT. AGRODANA FUTURES

Company Abbreviation

AGRODANA

Platform registered country and region

Indonesia

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WikiFX Verification

AGRODANA · Company summary
AGRODANAReview Summary
Founded2004-04-02
Registered Country/RegionIndonesia
RegulationRegulated
Market InstrumentsForex, Commodities, CFD Index, and CFD Stocks
Demo Account/
LeverageUp to 1:100
SpreadFrom 0 pips
Trading PlatformMT4 and MT5 (Windows, macOS, Mobile(App Store &Google Play))
Min DepositIDR 500,000
Customer Support021-57902535
hello@agrodana-futures.com
WhatsApp: +6281-988-3777
Facebook, YouTube, Instagram

AGRODANA Information

AGRODANA Futures is a trading platform holding a regulatory license from the Commodity Futures Trading Regulatory Agency of Indonesia (BAPPEBTI), and it has been in operation since 2000. The platform offers a rich variety of trading products, including foreign exchange, commodities, Contract for Difference (CFD) indices, and CFD stocks. The platform has trading advantages such as a leverage of up to 1:100 and a spread as low as 1 pip. It supports both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms simultaneously. In addition, the platform has launched a time-limited free swap offer, and withdrawals can be processed and received in as fast as 1 hour.

Pros and Cons

Pros Cons
RegulatedLimited geographical reach
Various trading instrumentsLeverage risks (1:100)
Spread as low as 0.3 pipsComplex fee structure
Multiple account types

Is AGRODANA Legit?

Yes, AGRODANA Futures is a legitimate trading platform. It holds a valid license issued by BAPPEBTI with the license number 40/BAPPEBTI/SI/XII/2000, and the details of its license can be verified through the official website of BAPPEBTI at https://bappebti.go.id/pialang_berjangka/detail/008.

legitimate
legitimate

What Can I Trade in AGRODANA?

AGRODANA offers various trading instruments, including foreign exchange, commodities (precious metals such as gold and silver, as well as energy products like crude oil), contract for difference (CFD) indices, and CFD stocks.

Tradable Instruments Supported
Forex
Commodities
CFD Index
CFD Stocks
Precious Metals
Shares
ETFs
Bonds
Mutual Funds

Account Type

AGRODANA offers several account types: Micro GOFX, Mini GOFX, Mini SPA, and Regular SPA.

CategoryMicro GOFXMini GOFXMini SPARegular SPA
Trading SystemMultilateralMultilateralBilateralBilateral
Trading SizeStarting from 1 micro lotStarting from 1 mini lotStarting from 0.1 lotStarting from 1 lot
Minimum Initial DepositIDR 500,000IDR 500,000USD 1,000USD 10,000
Rate OptionFloating rateFloating rate10K, 12K, 14K, Floating rate10K, 12K, 14K, Floating rate
SpreadStarting from 0.1Starting from 0 PIPStarting from 3 PIPStarting from 1 PIP
SwapYesYesFree swapFree swap
CommissionUSD 0.25USD 2.5USD 5USD 50
* 0.25% per trade for CFD of US stocks* 0.25% per trade for CFD of US stocks
Leverage1:1001:1001:1001:100
PlatformMT5MT5MT4MT4
ProductsForex, CommoditiesForex, Commodities“Forex, CFD of Stock Indices, Commodities, CFD of US Stocks”“Forex, CFD of Stock Indices, Commodities, CFD of US Stocks”

AGRODANA Fees

The spread of AGRODANA varies depending on the trading products. For example, the spread of major forex currency pairs such as EUR/USD may be 0.0003, while the spread of gold (XAUUSD) is 0.4.

In terms of commissions, the commissions of mini accounts are generally lower than those of regular accounts. For instance, the commission for each trade in a Mini SPA account is USD 5, while the commission for each trade in a Regular SPA account is USD 50. For CFD Saham US trades in both accounts, an additional commission of 0.25% is required.

The swap rates vary by product. Some accounts (such as the Regular SPA account and the Mini SPA account) offer free swaps under certain conditions.

Leverage

AGRODANA Futures provides a leverage of 1:100 for all account types. This means that traders can control a position that is 100 times larger than their initial investment amount.

Trading Platform

AGRODANA offers two popular trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). MetaTrader 4 (MT4) supports automated trading through Expert Advisors and is available for Windows, macOS, and mobile devices via the App Store and Google Play. MetaTrader 5 (MT5) is also available on multiple platforms.

Trading PlatformSupported Available Devices Suitable for
MT4Windows, macOS, Mobile (App Store & Google Play)Forex traders and beginners
MT5Windows, macOS, Mobile (App Store & Google Play)Multi-market traders and advanced traders

Deposit and Withdrawal

AGRODANA accepts deposits in Indonesian Rupiah (IDR) and US Dollars (USD). Traders can deposit funds through several banks, such as BCA, Mandiri, CIMBNIAGA, China Construction Bank Indonesia Branch, and Bank Capital. The minimum deposit amount depends on the account type. The minimum deposit for both Micro GOFX and Mini GOFX accounts is IDR 500,000, the minimum deposit for a Mini SPA account is USD 1,000, and the minimum deposit for a Regular SPA account is USD 10,000. Withdrawals are processed quickly. If the withdrawal application is submitted before 11:00 am, the funds can be received in as little as 1 hour at the earliest.

Bonus

AGRODANA has launched a free swap promotion, which is valid from April 1, 2025, to June 30, 2025. Depending on the account type and the number of lots traded per month, traders can receive a cashback of up to $5,000.

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scd94699
more than one year
The easy layout of this platform is just wat i have been looking for. Super simple to navigate. Full of all the information and tools I could look for in one place. I also really like the huge variety of stocks and such to choose from. And the demo account is phenomenal. All in all this a perfect platform for wat I need.
The easy layout of this platform is just wat i have been looking for. Super simple to navigate. Full of all the information and tools I could look for in one place. I also really like the huge variety of stocks and such to choose from. And the demo account is phenomenal. All in all this a perfect platform for wat I need.
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2024-03-29 15:48
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ZARA bobi
more than one year
AGRODANA is a highly secure broker. The regulatory body it's under holds top-notch credibility in the trading sphere. However, the trading conditions aren't ideal. Fixed spreads could be lower. You can get lower spreads, but that's on a commission-based account.
AGRODANA is a highly secure broker. The regulatory body it's under holds top-notch credibility in the trading sphere. However, the trading conditions aren't ideal. Fixed spreads could be lower. You can get lower spreads, but that's on a commission-based account.
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2024-02-28 17:01
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