Is Commodities on Pluang Legal and Regulated?

Yes. Commodities on Pluang is offered through PT PG Berjangka, a Pialang Berjangka (futures broker) licensed and supervised by Bappebti (Badan Pengawas Perdagangan Berjangka Komoditi, Indonesia's commodity futures trading regulator), and a member of the Jakarta Futures Exchange (JFX) under membership number SPAB/169/BBJ/10/2018. Every Commodities trade is recorded at JFX and cleared at Kliring Berjangka Indonesia (KBI), and the funds you place as margin are held in a segregated account at Bank Artha Graha. Regulation doesn't protect you from trading losses: Commodities is leveraged trading, and prices can move against you quickly.

• Broker: PT PG Berjangka, a Pialang Berjangka (futures broker) licensed and supervised by Bappebti, and a member of the Jakarta Futures Exchange (JFX) under membership number SPAB/169/BBJ/10/2018.
• Regulator: Bappebti, which licenses and supervises PT PG Berjangka as a Pialang Berjangka.
• Exchange: Commodities trades are recorded at the Jakarta Futures Exchange (JFX).
• Clearing house: Commodities trades are cleared at Kliring Berjangka Indonesia (KBI).
• Margin funds: Held in a segregated account at Bank Artha Graha.
• JFX & KBI fee: US$0.10 per lot, capped at US$1 per order, plus 11% VAT, on opening and on closing. It is collected on behalf of JFX and KBI.

Related questions:

Q: Which company provides Commodities on Pluang?
PT PG Berjangka. Bappebti licenses and supervises PT PG Berjangka as a Pialang Berjangka (futures broker), and it is the licensed entity behind Commodities trading on Pluang in gold (XAUUSD), silver (XAGUSD) and Brent crude (UKOUSD). PT PG Berjangka is also a member of the Jakarta Futures Exchange (JFX), under membership number SPAB/169/BBJ/10/2018, and JFX records your trades.

Q: What do JFX and KBI have to do with my trades?
Every Commodities trade is recorded at the Jakarta Futures Exchange (JFX) and cleared at Kliring Berjangka Indonesia (KBI), Indonesia's futures exchange and clearing house. That's why your orders carry a JFX & KBI fee, collected on their behalf: US$0.10 per lot, capped at US$1 per order, plus 11% VAT, on opening and on closing.

Q: Where is my Commodities margin money kept?
Margin funds for Commodities are held in a segregated account at Bank Artha Graha, set aside for margin. A segregated account is about where the funds are held: it doesn't protect them from trading losses, which depend on how the market moves against your open positions and on the leverage involved.

Q: Is Commodities under the same license as US Stocks on Pluang?
No. PT PG Berjangka offers both, but under different licenses and regulators. Commodities runs under its Pialang Berjangka (futures broker) license from Bappebti, while US Stocks and Options run under its separate OJK license. Commodities also has its own wallet, USD Margin (Commodities), which is fully separate from USD Margin, the wallet for leveraged US Stocks.