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Mentari -Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2024-12-06 14:15

Abstract:Mentari Mulia was registered in 2018 in Indonesia, offering trading services related to forex, stock indices, and precious metals. It uses MT4 as its trading platform, and provides various channels for customer support. Besides, it is regulated well in Indonesia. However, it should be noted that it does not provide enough details about accounts and trading processes on its official website.

Mentari MuliaReview Summary
Founded2018
Registered Country/RegionIndonesia
RegulationBAPPEBTI
Market InstrumentsForex, Stock Indices, Precious Metals
Demo Account/
Leverage/
SpreadFrom $0.3
Trading PlatformMT4
Min Deposit/
Customer SupportLive chat
Tel: (021) 252 7311; (021) 252 7310
Email: cs@mentarimulia.co.id
Social media: Facebook, Instagram, Twitter, Linkedin
Head Office: Graha Aktiva 6th Floor Suite 601 & 7th Floor HR Rasuna Said Street Block X-1 Kav. 03 East Kuningan, Setia Budi, South Jakarta

Mentari Mulia was registered in 2018 in Indonesia, offering trading services related to forex, stock indices, and precious metals. It uses MT4 as its trading platform, and provides various channels for customer support. Besides, it is regulated well in Indonesia. However, it should be noted that it does not provide enough details about accounts and trading processes on its official website.

Mentari Mulia's homepage

Pros and Cons

Pros Cons
Regulated by BAPPEBTILack of transparency
Segregated accountsLimited product choices
MT4 supported
Live chat support

Is Mentari Mulia Legit?

Yes, Mentari Mulia is regulated by Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) in Indonesia.

Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI)RegulatedIndonesiaRetail Forex License28/BAPPEBTI/SI/03/2013
Regulated by BAPPEBTI

Besides, it also applies certain methods to protect customers' assets, and the segregated accounts service is an example.

Separate account

What Can I Trade on Mentari Mulia?

Mentari Mulia mainly focuses on 3 types of markets, including forex, stock indices, and precious metals.

Tradable Instruments Supported
Forex✔
Stock Indices✔
Precious Metals✔
Commodities❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on Mentari Mulia?

Trading Platform

Mentari Mulia uses MT4 as its trading platform.

Trading PlatformSupported Available Devices Suitable for
MT4✔PC, web, mobileBeginners
MT5❌/Experienced traders
MT4
LeverageBrokerCommissionCurrency PairDealer

Related broker

Regulated
Mentari Mulia
Company name:PT Mentari Mulia Berjangka
Score
7.39
Website:https://www.mentarimulia.co.id/
5-10 years | Regulated in Indonesia | Retail Forex License | White label MT4
Score
7.39

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