Institution record
MagnetFX
- Source score
- 6.5
- Source exposures
- 0
- Comments
- 0
Licence records
Licences within our coverage (futures, options and derivatives providers) are listed first. Check each one on the regulator's own register.
| Regulator | Licence no. | Status | Licensed entity | Date | |
|---|---|---|---|---|---|
In our coverage Indonesia Commodity & Derivatives Exchange | 194/SPKB/ICDX/DIR/I/2020 | Regulated | Magnet Berjangka Indonesia, PT | -- | |
In our coverage Indonesia Commodity & Derivatives Exchange | 002/BAPPEBTI/SI/05/2020 | Regulated | PT MAGNET BERJANGKA INDONESIA d/h PT. IDS KAPITAL BERJANGKA | -- |
Peer source record comparison
Compare imported fields for MagnetFX and other records in our futures, options and derivatives providers dataset. These are not independent audit findings.
| Institution | Primary regulators | Regulated / total | Risk classification | Source score | Source exposures |
|---|---|---|---|---|---|
| MagnetFX (this record) | ICDXICDX | 2 / 2 | Risk level not supplied | 6.5 | 0 |
ICDXICDX | 2 / 2 | Risk level not supplied | 5.0 | 0 | |
ICDXCommodity Futures Trading Regulatory Agency of Indonesia (BAPPEBTI) | 2 / 2 | Risk level not supplied | 5.0 | 0 | |
ICDXCommodity Futures Trading Regulatory Agency of Indonesia (BAPPEBTI) | 2 / 2 | Risk level not supplied | 5.0 | 0 | |
ICDX | 1 / 1 | Risk level not supplied | 5.0 | 0 | |
ICDX | 1 / 1 | Risk level not supplied | 5.0 | 0 |
MagnetFX: institutional due diligence FAQ
Key supervisory, licensing, and counterparty verification questions generated from the dataset.
What is MagnetFX's regulatory licence status and supervisory authorisation?
The imported dataset contains 2 licence entries associated with MagnetFX (legal entity reference: MagnetFX); 2 are labelled "regulated" and 2 are labelled regulated or registered: ICDX (Indonesia Commodity & Derivatives Exchange) — licence 194/SPKB/ICDX/DIR/I/2020, status: regulated; ICDX (Indonesia Commodity & Derivatives Exchange) — licence 002/BAPPEBTI/SI/05/2020, status: regulated. These fields are not independent confirmation of current authorisation. Check the exact contracting entity and registration number on the official ICDX public register.
Which of MagnetFX's jurisdictions and licences fall within this site's regulatory coverage?
This directory focuses on futures, options and derivatives providers. 2 of MagnetFX's 2 licence records fall directly within this jurisdictional mandate: ICDX (licence 194/SPKB/ICDX/DIR/I/2020, regulated, entity: Magnet Berjangka Indonesia, PT); ICDX (licence 002/BAPPEBTI/SI/05/2020, regulated, entity: PT MAGNET BERJANGKA INDONESIA d/h PT. IDS KAPITAL BERJANGKA). Always confirm whether client money segregation and statutory investor compensation schemes apply to the specific subsidiary onboarding your account.
What is MagnetFX's institutional risk classification, enforcement exposure, and score profile?
MagnetFX carries a "risk level not supplied" classification in the source dataset, alongside composite 5-dimension ratings out of 10 (overall: 6.5, risk & licensing: 6.5, brand: 6.5, market influence: 6.5, user reputation: 0.0). The imported source lists 0 exposure entries. Because these figures reflect imported source fields rather than primary audit findings, compliance teams should review primary enforcement bulletins directly.
What operational due diligence steps apply to MagnetFX's platforms, entity structure, and complaints?
Before allocating capital or executing trades with MagnetFX (listed execution software: MT5), institutional and retail allocators should: (1) confirm the domain (not supplied in source) against regulator-approved domains to guard against clone firms; (2) verify whether any of the 0 source exposure entries or 0 user comments involve withdrawal restrictions or scope violations; and (3) confirm the dispute-resolution ombudsman tied to ICDX.