Devexperts' DXtrade Cleared for Use by Indonesia's Commodity Futures Brokers

Overview

• Devexperts said Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) has approved its DXtrade white-label platform for use by the country’s commodity futures and derivatives brokers and said the platform is one of only two cleared by the regulator.
• The approval, which Devexperts reported followed a thorough review, covers licensing to local brokers that operate under Bappebti supervision rather than broader digital-asset services.
• Devexperts plans to apply separately to the Financial Services Authority (OJK) to seek permission to serve Indonesia’s digital-asset market, a move the company says it will pursue in the coming months.
• The company positions DXtrade as a multi-asset platform covering stocks, commodities, futures, options, forex, funds and crypto and this market push follows a recent commercial bundle for South Korean brokers that combined DXtrade with market data and execution services.
• Indonesia split oversight of trading in 2025, leaving commodity futures with Bappebti while moving crypto and many financial derivatives to OJK, which means foreign platform vendors must secure distinct local approvals and local brokers need Bappebti licences to operate inside the country.