Below is a detailed analysis of PT. Eighteen Futures (operating as 18FX), based on the requested criteria, using available information from the provided web results and general knowledge up to April 27, 2025. The official website is https://18fx.co.id/. The analysis covers online complaints, risk assessment, website security, WHOIS lookup, IP and hosting, social media, red flags, regulatory status, user precautions, and potential brand confusion.

1. Online Complaint Information ¶

• Available Data: There is no direct mention of specific user complaints against PT. Eighteen Futures (18FX) in the provided web results or readily accessible public sources. Platforms like WikiFX (,) provide reviews and user feedback options but do not list explicit complaints for 18FX.
• Analysis: The absence of visible complaints does not necessarily indicate a clean record, as complaints may exist on less accessible platforms (e.g., local Indonesian forums, private social media groups, or regulatory bodies). The lack of transparency on complaint resolution processes on the 18FX website raises a minor concern.
• Risk Indicator: Low to moderate. Without specific complaints, the risk is not elevated, but the lack of a visible complaint resolution mechanism is a potential concern.

2. Risk Level Assessment ¶

• Broker Claims: 18FX claims to offer the “lowest spreads in the world” for gold in its VIP account type and competitive spreads for forex and gold in its pro account (). Such bold claims can be a red flag if not substantiated with transparent data or independent verification.
• High-Risk Nature of Products: The website explicitly warns that trading forex, CFDs, and derivative contracts carries a “very high level of risk” and may lead to significant losses, including beyond the initial margin (). This aligns with industry standards but emphasizes the high-risk nature of their offerings.
• Leverage Risks: High leverage is mentioned as amplifying both profits and losses, which is standard but increases risk for inexperienced traders ().
• Risk Indicator: High. The combination of high-leverage products, bold marketing claims, and explicit risk warnings suggests a high-risk environment, particularly for retail investors.

3. Website Security Tools ¶

• HTTPS and Encryption: The website (https://18fx.co.id/) uses HTTPS, indicating SSL/TLS encryption, which is a basic security standard for protecting user data during transmission ( provides general guidance on secure websites).
• Additional Security Features: No information is provided on the website or in the web results about advanced security measures such as two-factor authentication (2FA), anti-phishing protocols, or security tokens for user accounts. The SEC recommends such features for online brokerage accounts ().
• Analysis: While HTTPS is present, the lack of disclosed advanced security features is a concern, especially for a financial trading platform handling sensitive user data and funds.
• Risk Indicator: Moderate. Basic encryption is in place, but the absence of disclosed robust security measures increases vulnerability to cyber threats like phishing or account takeovers ().

4. WHOIS Lookup ¶

• Domain Information: The web results do not provide specific WHOIS data for https://18fx.co.id/. Typically, a WHOIS lookup would reveal the domain’s registration date, registrar, and registrant details (unless privacy protection is used).
• Analysis: Without WHOIS data, transparency is limited. Legitimate brokers often have publicly verifiable domain registration details, with registration dates aligning with their operational history. The lack of this information in the results is a minor red flag.
• Risk Indicator: Moderate. The absence of WHOIS data prevents verification of domain legitimacy and ownership, which is critical for assessing trustworthiness.

5. IP and Hosting Analysis ¶

• Hosting Details: No specific IP or hosting provider information is provided in the web results for 18fx.co.id. Legitimate brokers typically use reputable hosting providers with robust infrastructure to ensure uptime and security.
• Analysis: Without IP or hosting data, it’s impossible to assess the reliability of the website’s infrastructure or its vulnerability to attacks. The CFTC warns about fraudulent websites that may use low-quality hosting to obscure their operations ().
• Risk Indicator: Moderate. The lack of hosting information limits the ability to evaluate the website’s technical reliability and security.

6. Social Media Presence ¶

• Available Data: The web results do not mention 18FX’s social media presence or specific accounts (e.g., Facebook, Twitter, Instagram). In contrast, other brokers like HeroFX are noted for activity on multiple platforms ().
• Analysis: A lack of visible social media presence can be a red flag for a modern broker, as legitimate firms typically engage with clients on platforms like Twitter or Instagram to build trust and transparency. However, some brokers may focus on local or offline marketing, especially in Indonesia.
• Risk Indicator: Moderate. The absence of social media activity reduces transparency and limits user engagement, which is concerning for a retail-focused broker.

7. Red Flags and Potential Risk Indicators ¶

• Bold Marketing Claims: Claims of “lowest spreads in the world” () without independent verification or detailed fee schedules are a common tactic used by less reputable brokers to attract clients ().
• Brand Confusion Warning: The website explicitly states that “anything resembling or similar to the 18FX website is not part of PT. Delapan Belas Berjangka (18FX)” (). This suggests awareness of potential copycat or fraudulent websites, which is a significant red flag for brand confusion or phishing risks.
• Lack of Investment Advice: 18FX clarifies it does not provide investment advice, and all information is for marketing purposes only (). This limits accountability but aligns with regulatory norms for non-advisory brokers.
• Restricted Jurisdictions: The broker does not offer services in jurisdictions where restricted by law, placing responsibility on users to ensure compliance (). This is standard but shifts legal risk to users.
• Risk Indicator: High. The combination of bold claims, brand confusion warnings, and limited transparency on fees or services raises significant concerns.

8. Website Content Analysis ¶

• Content Overview: The website emphasizes trading forex, indices, commodities, and gold with low spreads and high leverage (). It includes risk disclosures, terms and conditions, and a warning about high-risk trading.
• Transparency: The site provides an address (Soho Rodeo Drive SRD 020, Jl Laksamana Yos Sudarso, PIK 2, Ebony Island, Penjaringan - Jakarta Utara 14430) and mentions PT. Delapan Belas Berjangka as the operating entity (,). However, it lacks detailed information on fee structures, account types, or third-party audits.
• Risk Disclosures: The website clearly outlines the high risks of trading, including potential losses exceeding initial deposits, which is compliant with industry standards ().
• Analysis: The content is professional but lacks depth in critical areas like fee transparency and operational details. The brand confusion warning is unusual and suggests external risks.
• Risk Indicator: Moderate. The website meets basic disclosure requirements but lacks comprehensive transparency.

9. Regulatory Status ¶

• Claimed Regulation: The web results do not explicitly confirm 18FX’s regulatory status with a specifica specific Indonesian regulator, such as BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi). WikiFX mentions that 18FX operates MT4/5 platforms and has a “formal full license” (,), but no specific license details are provided.
• Verification: No independent verification of BAPPEBTI regulation is found in the results. In contrast, brokers like HeroFX lack clear regulatory oversight, raising concerns about unregulated operations ().
• Analysis: Without confirmed regulatory details, the broker’s legitimacy is questionable. Indonesia’s BAPPEBTI regulates futures and forex brokers, but 18FX’s status is not clearly documented in accessible sources.
• Risk Indicator: High. The lack of verified regulatory status is a major concern, as unregulated brokers pose significant risks to investors ().

10. User Precautions ¶

Based on the analysis, users should take the following precautions:

• Verify Regulation: Contact BAPPEBTI directly to confirm 18FX’s license status before trading.
• Secure Accounts: Use strong passwords, enable 2FA (if available), and access the site only via secure connections ().
• Research Thoroughly: Check local forums, social media, and review platforms for user experiences and complaints.
• Start Small: If trading, begin with a small deposit to test withdrawal processes and platform reliability.
• Avoid Over-Leveraging: Given the high-risk warnings, avoid using high leverage to minimize potential losses ().
• Beware of Copycats: Verify the website URL (https://18fx.co.id/) to avoid phishing or fraudulent sites, as warned by 18FX ().
• Seek Advice: Consult a licensed financial advisor before investing, as 18FX does not provide investment advice ().

11. Potential Brand Confusion ¶

• Website Warning: The explicit warning about websites resembling 18FX () indicates a high risk of brand confusion or fraudulent copycat sites. This is a significant concern, as the CFTC notes that fraudulent websites often mimic legitimate brokers to deceive users ().
• Analysis: The warning suggests 18FX is aware of potential scams using its brand, which could lead to users mistakenly engaging with fake platforms. This increases the risk of phishing, identity theft, or fund misappropriation ().
• Risk Indicator: High. The proactive warning is responsible but highlights a real threat of brand confusion, requiring users to verify the official website carefully.

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Summary and Risk Level ¶

• Overall Risk Level: High. Key concerns include unverified regulatory status, bold marketing claims, potential brand confusion, high-risk trading products, and limited transparency on fees, security, and operations. The absence of visible complaints and the presence of risk disclosures are positive but insufficient to offset these risks.
• Recommendation: Exercise extreme caution with 18FX. Verify regulatory status, use robust security measures, and start with minimal investment if proceeding. Consider more established, transparent brokers with confirmed regulation (e.g., those regulated by FCA, ASIC, or FINRA, as noted in) to reduce risk.

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Sources ¶

-: 18FX Official Website (https://18fx.co.id/) -: WikiFX Review of 18FX -: CFTC Warning on Phony Futures Websites -: FINRA Notice on Account Takeovers -: SEC Guidance on Online Brokerage Security -: TraderKnows Analysis of Broker Regulation Note: This analysis is based on available data as of April 27, 2025, and does not constitute investment advice. Users should conduct independent research and consult professionals before engaging with any broker.