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Verify with the source.Wherever possible, information is matched against official registers and primary sources.
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Know the type of information.We classify user complaints, company statements and official records separately.
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HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Not independently verified
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

Maxco

Broker · Indonesia

About the company

Legal company namePT Maxco Futures
Year founded1990
Headquarters / registered countryJakarta, Indonesia
Websitewww.maxco.co.id
Last checked08.10.2026

According to its official website, Maxco is the brand of PT Maxco Futures, founded in 1990, a Jakarta-based futures broker (pialang berjangka). The company states that it holds a BAPPEBTI futures brokerage business permit (353/BAPPEBTI/SI/IV/2004) and is regulated and supervised by the OJK, BAPPEBTI and Bank Indonesia; it is a member of the JFX exchange and the KBI clearing house. The site lists no company abroad and is in Indonesian only. Maxco offers about 70 instruments made up of forex, metals, index futures and share CFDs through a live and a demo account on MetaTrader 4, WebTrader, Maxco Desktop, the Maxco mobile app and Maxco Auton. The minimum first deposit is 100 USD; deposits are accepted by bank transfer only. Deposit reward and welcome reward promotions are advertised on the site. This information is the company's own statement.

Account Details

ACCOUNT TYPESLive account · Demo
MIN. DEPOSIT100 USD (first deposit)
PLATFORMSMetaTrader 4 · WebTrader · Maxco Desktop · Maxco mobile app · Maxco Auton
PRODUCTSForex · Metals · Index futures · Share CFDs
LEVERAGEUp to 1:500

Licences and regulation

BAPPEBTI (Indonesia)

Licence no.353/BAPPEBTI/SI/IV/2004
Licence holderPT Maxco Futures
ScopeFutures broker (pialang berjangka) licence; April 2004. Listed in BAPPEBTI's list of active futures brokers as PT. MAXCO FUTURES.
StatusVerified

OJK (Indonesia)

Licence no.S-132/PM.02/2025
Licence holderPT Maxco Futures
ScopeThe company states that it holds a permit letter from the OJK and is supervised by the OJK, without describing the type of permit (S-132/PM.02/2025). The record could not be verified because the OJK register could not be read.
StatusPending verification

User complaints

User reports found online are classified by topic. The charts show how reports are distributed.

Period reviewed: September 2023

  • Account / trading conditions: 1

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on Maxco's Trustpilot page (1) as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the Maxco name are left out. Across the complaints, an allegation that the app was set up to push accounts into margin calls and automatic stop-outs stands out.

Sources and verification history

Official company sourcesmaxco.co.id — About us, Kontak kami, Regulasi & keanggotaan, Akun trading, Platform trading, Deposit & withdrawal, FAQ, Promosi, footer
Regulator recordsBAPPEBTI — PT Maxco Futures, 353/BAPPEBTI/SI/IV/2004 (bappebti.go.id)
Company registerCompany registry details not stated on the site
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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