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Research checked 2026-10-12 · Unknown fields require verification.

Indonesian domestic entity verified. Complete demo residence/citizenship eligibility list not stated in reviewed pages.

Virtual funds: USD 5,000
USD5,000 virtual starting balance; virtual balance can be replenished. Precise reset mechanics and maximum not stated.

Expiry: Not established
Not stated. Support says users can practice as much as wanted, but a technical expiry/inactivity policy was not located.

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Account conditions

Research checked
2026-10-12
Testing status
Not tested
Recorded virtual amount
Requires Verification
Recorded currency
Requires Verification
Expiry category
unknown
Evidence category
Documentation reviewed
Signup requirements
Official support says demo does not require identity verification. Demo and real account created together; real account can be ignored. App or MetaTrader access described. MT5 page explicitly permits demo practice before depositing.
Notes and remaining checks
Reconcile broker's newer BI letter with register. Confirm demo expiry/inactivity, exact virtual top-up steps, Forex-pair inventory and residence eligibility. Current BI FX-derivatives licensing is independently verified.
Record ID
finex-mt5-id
Broker
Finex
Legal entity
PT Finex Bisnis Solusi Futures
Research region codes
  • ID
Research region code
ID
Research region
Indonesia
Research scope
Indonesia
Platform code
mt5
Platform
MetaTrader 5 (Windows demo explicitly advertised; platform also offered on web, Android and iOS)
Documented terms
Virtual profits cannot be withdrawn. Platform-specific demo Forex inventory and execution differences were not separately enumerated in reviewed sources; do not equate demo results with live execution.
What the evidence establishes
Official broker documentation; see scope and remaining checks. Signup and trading not tested.

Official entry route

Read signup instructions

Route type
instructions
Notes and remaining checks
Follow the broker’s demo setup steps (Indonesian).
Evidence status
Official entry route
Research checked
2026-10-13
Testing status
Not tested

Execution and demo realism

Contractual capacity and execution arrangement are separate. ECN/STP labels do not establish agency. Simulated fills do not verify live execution quality.

Scope
PT Finex Bisnis Solusi Futures, Indonesia; existing MT5 demo record. Mandate agreement and executing-dealer relationship unresolved.
Testing status
Not tested
Contractual role
Finding
Requires Verification
Evidence status
Requires Verification
Notes and remaining checks
The indexed trading rules reference a separate Perjanjian Pemberian Amanat, whose full current text was not recovered. The broker/dealer terminology alone does not establish principal or agent capacity.
Research checked
2026-10-13
Execution arrangement
Finding
Requires Verification
Evidence status
Requires Verification
Notes and remaining checks
Indexed conditions refer to quotations through a Pedagang Penyelenggara, but do not establish the full execution arrangement or counterparty for this account.
Research checked
2026-10-13
Demo realism
Finding
Requires Verification
Evidence status
Requires Verification
Notes and remaining checks
Demo help describes virtual funds and comparable features; it does not establish simulated versus live fills, liquidity, rejection, charges or margin behaviour.
Supporting sources
Research checked
2026-10-13
Research review
Research checked
2026-10-13
Review outcome
Reviewed; all execution fields remain Requires Verification after the source checks recorded below.
Remaining checks
  • Recover the current Perjanjian Pemberian Amanat and full trading rules; establish the executing dealer's identity and both parties' contractual capacities.
  • Obtain MT5 demo execution and charge/margin limitations.

Demo markets

Scope
PT Finex Bisnis Solusi Futures · Indonesia · MetaTrader 5 (Windows demo explicitly advertised; platform also offered on web, Android and iOS). Market coverage not yet reviewed.
Testing status
Not tested
Forex CFDs
Evidence status
Requires Verification
Notes and remaining checks
Forex CFD demo access has not been established for this entity and platform.
Supporting sources

No supporting source recorded for this field.

Research checked
Requires Verification
Cryptocurrency CFDs
Evidence status
Requires Verification
Notes and remaining checks
Cryptocurrency CFD demo access has not been established for this entity and platform.
Supporting sources

No supporting source recorded for this field.

Research checked
Requires Verification

API access

Evidence status
Requires Verification
Type
Requires Verification
Access route
Not established for this offering
Notes and remaining checks
API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.
Requirements
Confirm the account, platform and regional requirements with the broker.
Supporting sources

No supporting source recorded for this field.

Official documentation

No supporting source recorded for this field.

Research checked
Requires Verification
Testing status
Not tested

Entity and regulatory research

Evidence status
Exact entity directly verified as licensed (Berizin) in current BI public register; current broker demo advertised. Desktop research only, no account opened.
Legal entity
PT Finex Bisnis Solusi Futures
Regulator
Bank Indonesia (money/foreign-exchange derivatives); Bappebti record separately checked
Finding
Scope
Indonesian domestic entity verified. Complete demo residence/citizenship eligibility list not stated in reviewed pages.

Reading the evidence

Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.

Official sources

Finex acceptance of default conditions

Source owner: Broker

Research checked: 2026-10-13

Source locator: Clause 11: quotation through Pedagang Penyelenggara.

Source access note: Official indexed text reviewed; narrow supporting context, not a capacity determination.

Source ID: ex-a-finex-default

Finex demo account help

Source owner: Broker

Research checked: 2026-10-13

Source locator: Main answer: virtual funds and features; Indonesian.

Source access note: Official page/PDF text read through web retrieval on 2026-10-13.

Source ID: ex-a-finex-demo

Finex trading rules for derivatives

Source owner: Broker

Research checked: 2026-10-13

Source locator: Opening account and mandate-agreement reference.

Source access note: Official indexed text reviewed; direct PDF retrieval failed. It references the separate Perjanjian Pemberian Amanat; full current contract not recovered.

Source ID: ex-a-finex-rules

Bank Indonesia — Perizinan Pasar Keuangan (search Finex)

Source owner: Regulator: Bank Indonesia

Evidence category: Exact PT Finex Bisnis Solusi Futures row: Pialang Berjangka Derivatif PUVA;27/391/DPPK/Srt/B;01 Juli2025;Berizin;Peserta SPA.

Source access note: Read live official public search form using search term Finex. Saved research/bi-finex.html. Search results not encoded in URL.

Source ID: finex-1

Bappebti — Pialang Berjangka detail133

Source owner: Regulator: Bappebti

Evidence category: Exact PT. Finex Bisnis Solusi Futures d/h PT. FINEX BERJANGKA;47/BAPPEBTI/SI/04/2013;SPA77/BAPPEBTI/SP/12/2014;finex.co.id.

Source access note: Web tool failed; direct official HTTP returned200. Saved research/bappebti-133.html.

Source ID: finex-2

Finex — Apakah akun demo saya perlu di verifikasi?

Source owner: Broker

Evidence category: No identity verification needed for demo; USD5,000 virtual balance; app/MetaTrader; virtual gains cannot be withdrawn.

Source access note: Opened official support page.

Source ID: finex-3

Finex — Saya ingin mencoba akun demo

Source owner: Broker

Evidence category: Demo/real accounts created together; real account can be ignored; virtual balance can be replenished; no clear technical expiry rule. Footer BI27/391/DPPK/Srt/B.

Source access note: Opened official support page.

Source ID: finex-4

Finex — Platform Windows MT5

Source owner: Broker

Evidence category: Explicit MT5 demo practice before deposit; platform links for web/Android/iOS; newer footer BI28/103/DPPK/Srt/B.

Source access note: Opened official platform page.

Source ID: finex-5

Bank Indonesia — 10January2025 regulatory transfer announcement

Source owner: Regulator: Bank Indonesia

Evidence category: Money/FX-underlying derivatives moved from Bappebti to BI; capital-market derivatives and digital assets moved to OJK.

Source access note: Opened official news release.

Source ID: finex-6

Bank Indonesia — Perizinan Pasar Keuangan (search Finex)

Source owner: Regulator: Bank Indonesia

Evidence category: Exact PT Finex Bisnis Solusi Futures row: Pialang Berjangka Derivatif PUVA;27/391/DPPK/Srt/B;01 Juli2025;Berizin;Peserta SPA.

Source access note: Read live official public search form using search term Finex. Saved research/bi-finex.html. Search results not encoded in URL.

Source ID: finex-reg-1

Bappebti — Pialang Berjangka detail133

Source owner: Regulator: Bappebti

Evidence category: Exact PT. Finex Bisnis Solusi Futures d/h PT. FINEX BERJANGKA;47/BAPPEBTI/SI/04/2013;SPA77/BAPPEBTI/SP/12/2014;finex.co.id.

Source access note: Web tool failed; direct official HTTP returned200. Saved research/bappebti-133.html.

Source ID: finex-reg-2

Finex — Apakah akun demo saya perlu di verifikasi?

Source owner: Broker

Evidence category: No identity verification needed for demo; USD5,000 virtual balance; app/MetaTrader; virtual gains cannot be withdrawn.

Source access note: Opened official support page.

Source ID: finex-reg-3

Finex — Saya ingin mencoba akun demo

Source owner: Broker

Evidence category: Demo/real accounts created together; real account can be ignored; virtual balance can be replenished; no clear technical expiry rule. Footer BI27/391/DPPK/Srt/B.

Source access note: Opened official support page.

Source ID: finex-reg-4

Finex — Platform Windows MT5

Source owner: Broker

Evidence category: Explicit MT5 demo practice before deposit; platform links for web/Android/iOS; newer footer BI28/103/DPPK/Srt/B.

Source access note: Opened official platform page.

Source ID: finex-reg-5

Bank Indonesia — 10January2025 regulatory transfer announcement

Source owner: Regulator: Bank Indonesia

Evidence category: Money/FX-underlying derivatives moved from Bappebti to BI; capital-market derivatives and digital assets moved to OJK.

Source access note: Opened official news release.

Source ID: finex-reg-6