Magnet FX review: Regulations, Platforms, Trading Instruments and Broker Ratings.
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What is Magnet FX?
Magnet FX (also known as PT. Indonesian Futures Magnet) is an Indonesian forex broker, offering the trading platform of MetaTrader 5 (MT5) in Windows and Mobile version.
MagnetFX.co.id Investment instruments include over 25 forex currency pairs, indices, commodities, gold, silver and oil for your personal investment and trading options.
Please read Magnet FX Reviews below and share your live trading experiences with this broker.
The website is written in Indonesian.
Broker Details
| Minimum Trade Size: | 0.1 |
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| Maximum Leverage: | 400:1 |
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| Minimum to Open Live: | $200 |
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| Established: | 2021 |
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| Address: | Sona Topas Tower Lt. 18 Suite 1804 Jl. General Sudirman No. Kav. 26 DKI. Jakarta, 12920, Indonesia |
| Contact: | info@magnetfx.co.id, (021) 250 6336 |
| Regional offices: | |
| Regulators: | BAPPEBTI #002 /BAPPEBTI /SI /05 /2020 |
| Prohibited countries: | Unknown |
| Trading platforms: | MT5 |
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| Mobile Trading: | ✅ Yes |
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| Currencies: | (25+) |
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| Cryptocurrencies: | |
| CFD: | (5+) Gold, Silver, Stock Indexes, Oil, Other Commodities |
Trading Conditions |
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| Hedge: | ✅ Yes |
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| EAs/Robots: | ✅ Yes |
| Deposit Methods: | Local Bank Transfers |
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| Withdrawal Methods: | Local Bank Transfers |
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