MagnetFX: Regulation, Platforms & Accounts

MagnetFX is a forex and CFD broker based in Indonesia. It operates under regulatory oversight from BAPPEBTI, ICDX. Traders can access the markets via MetaTrader 5.

Regulation

MagnetFX holds 2 regulatory licence(s), including BAPPEBTI, ICDX. Always verify a broker’s licence directly with the relevant regulator before opening an account.

Trading platforms

MagnetFX supports MetaTrader 5 for order execution, charting and analysis.

Disclosure: This review may contain affiliate links. Commissions never influence our ratings — see our Editorial Standards. Trading CFDs involves substantial risk of loss.