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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

18FX

Indonesia Indonesia | 1-2 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://18fx.co.id/

Website

Rating Index

Contact

+62 021-50322008
https://18fx.co.id/

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
Indonesia
Operating Period
1-2 years
Company Name
PT. Delapan Belas Berjangka
Customer Service Email Address
cs@18fx.co.id
Contact Number
+6202150322008
Company Website
Website
Company Summary
Wiki Q&A
Comment

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Official Website

Website

  • 18fx.co.id
    172.67.152.221
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    WHOIS.PANDI.OR.ID
    Company
    -

Company Profile

Company Profile

Review 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.

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is 18FX a regulated broker?

No, 18FX is not a regulated broker. According to WikiFX data, PT. Delapan Belas Berjangka (operating as 18FX) lacks any valid, authoritative regulatory licenses. Its purported registrations with the Indonesian regulator BAPPEBTI and the Jakarta Futures Exchange (JFX) are officially listed as 'Unverified'. The entity operates without credible financial oversight, which results in an absence of standard investor protection and fund security safeguards.

Three days ago
United States

Where is 18FX based, and how long has it been operating?

18FX is based in Indonesia and has been in operation for approximately 1 to 2 years. The broker's full corporate name is PT. Delapan Belas Berjangka.

Three days ago
United States

How reliable is 18FX according to WikiFX?

WikiFX assesses 18FX as a highly suspicious entity with an extremely low overall risk score of 1.24 out of 100. This score reflects a severe lack of regulatory oversight, transparency, and established operational security. Potential clients should be aware that engaging with this broker carries significant risk due to the complete absence of verified regulatory protection.

Three days ago
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Three days ago
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Three days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Three days ago
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

Three days ago
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Three days ago
United States
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