esaFX

According to WikiFX assessment, esaFX holds a total score of 7.01, reflecting a regulated status under Indonesia's BAPPEBTI and the Jakarta Futures Exchange (JFX). The broker operates under the full name PT Esandar Arthamas Berjangka and has been in business for 2 to 5 years. While the regulatory framework provides a level of oversight, prospective users should note that a single user exposure has reported issues with stop-loss execution and withdrawals. Overall, the broker exhibits a regulated environment in Indonesia, but service reliability should be evaluated alongside user feedback.

Yes, esaFX is regulated. It holds a Forex Trading License (EP) from Indonesia's BAPPEBTI under number 485/BAPPEBTI/SI/IX/2004, and a Derivatives Trading License (AGN) from the Jakarta Futures Exchange (JFX) under number SPAB - 070/BBJ/05/04. Both licenses are active and listed as regulated.

esaFX offers three account types with varying minimum deposits. The PRO and ZERO accounts require a minimum deposit of approximately $10 (equivalent to IDR 100,000), while the GOLD PRO account requires a minimum deposit of $10,000 (equivalent to IDR 100,000,000).

Yes, esaFX provides genuine full-license versions of both MT4 and MT5. Specifically, the broker offers 2 instances of MT4 and 1 instance of MT5. The average order execution speed is 66.2 milliseconds, indicating a stable trading environment.

Pros: (1) Regulated by Indonesia's BAPPEBTI and JFX, providing a recognized supervisory framework. (2) Offers low minimum deposits starting at $10 for PRO and ZERO accounts, making it accessible. (3) Supports genuine MT4/MT5 platforms with fast execution speeds. Cons: (1) A user exposure reports unresolved issues with stop-loss execution and withdrawal difficulties. (2) The broker's services are primarily focused on the Indonesian market, limiting international availability. (3) The GOLD PRO account has a high minimum deposit of $10,000, which may not suit all traders.

Yes, according to WikiFX data, there is one public exposure from a user named FX2775998555, who reported that stop-loss orders were not executed as set and that withdrawal of remaining funds was difficult. This complaint dates to October 6 and should be considered when evaluating the broker's service reliability.

esaFX is a regional broker registered in Indonesia and regulated solely by Indonesian authorities (BAPPEBTI and JFX). It does not hold licenses from US regulators such as the CFTC or SEC, and therefore it is generally not available to US residents. Users in the US should verify directly with the broker, but based on its regulatory profile, availability is highly unlikely.

esaFX offers certain features that can appeal to beginners, such as a low minimum deposit of $10 for PRO and ZERO accounts, support for MT4/MT5 with demo accounts likely available, and the ability to use Expert Advisors. However, the maximum leverage of up to 1:500 is high and carries significant risk. Additionally, the single user complaint about stop-loss and withdrawal issues suggests that customer service and execution reliability may need improvement. Beginners should carefully evaluate these factors and consider starting with a demo account.

esaFX provides three account types: PRO, ZERO, and GOLD PRO. The PRO account has a minimum deposit of $10, spreads from 1 pip, and maximum leverage of 1:500. The ZERO account also has a $10 minimum deposit, spreads from 15 pips, and leverage up to 1:500, with a 0% margin call level. The GOLD PRO account requires a $10,000 minimum deposit, fixed spreads of 18 pips, and maximum leverage of 1:200. All accounts support scalping, hedging, and EA trading.

esaFX offers leverage up to 1:500 for the PRO and ZERO accounts, and up to 1:200 for the GOLD PRO account. Leverage of 1:500 is considered high and can amplify both profits and losses. The broker does not specifically mention negative balance protection, and the risk control index according to WikiFX is 9.39, indicating strong internal controls, but traders should still use such leverage cautiously, especially beginners.

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

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.

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.

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

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.