RFB

RFB Information

PT Rifan Financindo Berjangka (RFB) is a leading futures brokerage firm in Indonesia, strictly regulated by the Commodity Futures Trading Regulatory Agency of Indonesia (BAPPEBTI). The company has offices in 12 cities across Indonesia, offering trading services for multilateral futures (such as gold and palm oil) and bilateral contracts for difference (such as forex, indices, and precious metals). It supports online trading and demo accounts, with funds held in segregated accounts.

Pros and Cons

Is RFB Legit?

Yes. RFB is an official member of JFX (Jakarta Futures Exchange) and KBI (Indonesian Derivatives Clearing House), registered and regulated by BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi), with the license number 08/BAPPEBTI/SI/XII/2000.

What Can I Trade on RFB?

RFB offers two types of products: RFB provides multilateral futures contracts (listed on JFX) and bilateral contracts for difference (SPA), including precious metals, commodities, forex, indices, and energy.

Account Type

Investors can open a demo account for free. To open a live trading account, a minimum principal of $10,000 or IDR 100,000,000 (at an exchange rate of 1 USD = 10,000 IDR) is required, which must be deposited into specified segregated accounts (e.g., banks such as BCA, CIMB Niaga, etc.).

RFB Fees

For bilateral products (SPA), the fee is $15 per side per lot (complete transaction: $30 per lot), and the minimum price fluctuation for multilateral futures (such as GOL250) includes handling fees. Value-added tax (VAT) is 11% of the handling fee, which is $3.3 per lot (for bilateral transactions). Different overnight fees apply to different products (e.g., $2 per lot per day for HKK50). In addition, physical delivery may incur storage fees, etc. (applicable only to multilateral futures).

Trading Platform

Deposit and Withdrawal

Funds must be deposited via bank transfer to RFB's segregated accounts (such as BCA, CIMB Niaga, etc., as shown in the account opening process). Both IDR (Indonesian Rupiah) and USD are supported, with real-time availability (subject to bank processing times).

For domestic clients, withdrawal proceeds are credited within T+1 working days. For overseas clients, cross-border remittance processing takes 3-5 working days.