Score
Indonesia
|
2-5 years
| https://www.esafx.co.id
Website
Rating Index
MT4/5
Full License
Esandar-Demo
Influence
C
Influence index NO.1
Indonesia 3.73
MT4/5 Identification
Full License
IndonesiaInfluence
C
Influence index NO.1
Indonesia 3.73
Licenses Indonesia
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
esafx.co.id United States
VIP is not activated.
| EsaFX Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Indonesia |
| Regulation | BAPPEBTI, JFX |
| Market Instruments | Forex, indexes, commodities, gold & silver |
| Demo Account | ✅ |
| Leverage | Up to 1:200 |
| Spread | Starting from 1 pip |
| Trading Platform | MT4, MT5 (Windows/Android/iOS) |
| Minimum Deposit | $100 |
| Copy Trading | ✅ |
| Customer Support | 24/5 support |
| Phone: +62-21-29339229; +62-87-771781945 | |
| Email: support@esafx.co.id | |
| Twitter, Instagram, Facebook | |
EsaFX is a regulated broker based in Indonesia. The tradable instruments with a maximum leverage of 1:200 include forex (7 major currency pairs), indexes (5 global indices), commodities (natural gas, coffee, palm oil, etc), and logam (gold and silver). The broker provides two live accounts with spread from 1 pip, and the minimum deposit is $100. Although EsaFX is regulated by BAPPEBTI and JFX, risks cannot be avoided completely.
| Pros | Cons |
| Copy trading offered | Unspecific transfer time and fee information |
| 24/5 customer support | |
| Regulated well | |
| MT4 and MT5 platforms available | |
| Demo accounts available | |
| Various tradable instruments |
EsaFX is regulated by BAPPEBTI and JFX with the license type Retail Forex License, making it safer than unregulated brokers.
EsaFX offers a wide range of market instruments, including forex (7 major currency pairs), indexes (5 global indices), commodities (natural gas, coffee, palm oil, etc), and logam (gold and silver).
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indexes | ✔ |
| Gold & Silver | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
EsaFX has two account types: ZERO and FOR. Traders who want low spreads can choose a FOR account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
| Account Type | ZERO | FOR |
| Minimum Deposit | $100 | |
| Leverage | Up to 1:200 | |
| Spread | Starting from 1.5 pips | Starting from 1 pip |
| Commission | $0.5 per lot/$1 per lot settled | $4 per lot/$8 per lot settled |
The maximum leverage is 1:200,meaning that profits and losses are magnified 200 times. Note that high leverage can amplify not only profits but also losses.
The spread is starting from 1 point, the commission is from $0.5 per lot/$1 per lot settled. The lower the spread, the faster the liquidity.
EsaFX cooperates with the authoritative MT4 and MT5 trading platforms available in Windows, Android, and iOS to trade. Junior traders prefer MT4 over MT5. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows/Android/iOS | Beginners |
| MT5 | ✔ | Windows/Android/iOS | Experienced traders |
EsaFX offers copy trading, which allows traders to automatically replicate the trades of more experienced or successful traders. This feature is beneficial for novice traders who can learn from experts and potentially profit from their trading strategies without having to develop their own trading skills immediately.
EsaFX offers trading in forex (major pairs), indices (e.g., Dow, Nikkei), commodities (natural gas, coffee), and gold/silver. It does not support stocks, crypto, bonds, or ETFs.
Yes, EsaFX is regulated by Indonesia’s official authorities, including BAPPEBTI and JFX, under a Retail Forex License. Regulation by these bodies implies that EsaFX is subject to local financial compliance standards.
The broker offers maximum leverage of 1:200. This allows traders to control larger positions but also amplifies the risks of loss.
EsaFX has not provided specific withdrawal timeframes. Users are encouraged to reach out to support for accurate processing schedules.
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