Company Profile
Company Profile
Review summary
| PT. MEGA MENARA MAS BERJANGKA Review Summary | |
| Founded | 2006 |
| Registered Country/Region | Indonesia |
| Regulation | No regulation |
| Market Instruments | Forex, metals, commodities, indices |
| Demo Account | ✅ |
| Spread | From 0.3 pips |
| Leverage | Up to 100x |
| Trading Platform | MT5 |
| Minimum Deposit | $500 |
| Customer Support | Contact form |
| Tel: +6221 – 5762612 (Monday - Friday, 08.00 - 17.00)/ fax: +6221 – 5762738 | |
| Email: kontak@megamenaramas.co.id | |
| Address: Jl. DR. Ide Anak Agung Gde Agung Lot 5 #1, Menara Rajawali, Lt. 16, South Jakarta 12950 | |
PT. MEGA MENARA MAS BERJANGKA Information
PT. MEGA MENARA MAS BERJANGKA is a futures broker who mainly offers trading services in forex, metals, commodities and indices. The company implements fund segregation to protect customer assets even when the company is is insolvency.
It provides a demo account for practicing and MetaTrader 5 platform to enhance customer experience. What's more, free education equips investors with necessary knowledge for successful trading.
However, the broker is currently not being well-regulated by any official authorities, which degrades its credibility and trustworthiness.
Pros and Cons
| Pros | Cons |
| MetaTrader 5 platform | No regulation |
| Fund segregation | High minimum deposit |
| Demo accounts | |
| Tight starting spreads |
Is PT. MEGA MENARA MAS BERJANGKA Legit?
The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. PT. MEGA MENARA MAS BERJANGKA is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose PT. MEGA MENARA MAS BERJANGKA with caution.
What Can I Trade on PT. MEGA MENARA MAS BERJANGKA?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type & Fees
PT. MEGA MENARA MAS BERJANGKA offers a demo account for traders to test their trading strategies before committing real money, thus to mitigate risks.
In addition, 2 tiered live accounts with different trading conditions are available, targetting various client groups:
| Account Type | Deluxe | Premium |
| Minimum Deposit | $500 | $5,000 |
| Spread | Floating from 0.3 pips | Floating from 3 pips |
| Commission | $5 per 0.1 lot | $50 per lot |
Minimum trading volume is 0.1 lot and Premium account users can not only enjoy free webinars like Deluxe account users, but are also able to approach free Ebooks, trading signals etc.
Leverage
PT. MEGA MENARA MAS BERJANGKA sets maximum leverage level at 1:100 to enable traders to enlarge their trading positions. Nontheless, leverage will also amplify losses at the same time which should always be used cautiously.
Trading Platform
PT. MEGA MENARA MAS BERJANGKA also offers the industry-leading and reliable MetaTrader 5 platform, which has robust functionalities such as automate trading and technical analysis.
This is undoubtedly shinning point of this company, but when choosing a broker to trade, you should always combine the highlights and lowlights.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web/Windows/Mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
