A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 97 | 35% |
| Company age | 45 | 15% |
| Clone / impersonation | 100 | 12% |
| Withdrawal & exposure complaints | 0 | 12% |
| Offshore registration | 45 | 8% |
| Transparency (site/info/social) | 50 | 10% |
Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.
| Regulator | License type | License No. | Region | Status |
|---|---|---|---|---|
| BAPPEBTI | Forex Trading License (EP) | 583/BAPPEBTI/SI/XII/2004 | Indonesia | — |
| JFX | Derivatives Trading License (AGN) | SPAB - 087/BBJ/09/04 | Indonesia | — |
Across 1 recent Trustpilot reviews, 0% are 1–2 star.
0Menara Mas Futures is a forex and CFD broker based in Indonesia, with records dating to 2022-06-30. It reports oversight from BAPPEBTI, JFX.
FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.
Overview compiled by FXCanary from regulatory records and public data. full Menara Mas Futures review