Didimax Forex broker review – Only a few tradable instruments

Written by:
Written on:
22 February 2024
Last edit:
29 March 2024
Our rating:


Didimax Forex broker review – Only a few tradable instruments

Written by:
Written on:
22 February 2024
Last edit:
29 March 2024
Our rating


Trading is risky
See how Didimax compares to it's closest alternatives.

Main summary

Didimax is mainly a futures brokerage firm starting its career in the 2000s, and nowadays, it also offers several other assets for trading including Forex pairs, commodities, and indices. 

The broker offers two trading platforms, MetaTrader 5 and Jafetscolt. The latter offers the ability to trade commodities through the Jakarta Futures Exchange. In this regard, MT5 offers much more diverse assets and functionality, while Jafetscolt is appealing with its advanced security during transactions. 

The broker also has a license in Indonesia, enabling it to offer trading instruments to local traders. Didimax offers live chat 24/5 support and has a multilingual website.

Unfortunately, there is only one live trading account offered with average spreads and no option for 0 spread trading.

Pros & Cons of Didimax

  • Ability to deposit and withdraw with $0 fees
  • Offers access to MetaTrader 5, and custom Jafetscolt platforms
  • Fast and digital account opening/verification
  • Flexible leverage of up to 1:400
  • Most payment options are free and instant
  • Not all information about fees is provided on the website
  • Support is only in the Indonesian language
  • No negative balance protection is available
  • Supports only wire transfers via local banks in Indonesia, greatly limiting the payment options
  • No stock as CFDs or cryptos are offered for trading
  • Higher minimum lot size of 0.1 lots
  • Offers access to only 20 + Forex pairs, and commodities
  • Not beginner-friendly trading conditions with high minimum lot size

Didimax Fact sheet

Main features
Regulations Indonesia
Fees on deposits 0 USD
Fees on withdrawal 0 USD
Inactivity fees 0 USD
Minimum deposit 100 USD
Minimum account activation 100 USD
Number of available assets 20+
Leverage up to 1:-
Available trading markets Forex, Commodities, Indices
Account currencies USD, IDR
Demo account Yes
Live account types -
Islamic account Yes
Negative balance protection -
Part of compensation fund Yes
Keeps funds on segregated bank account Yes
Total -
Fees & spread
Forex From 2.0 pips
Shares -
Cryptocurrencies -
Indices From 1.5 pips
Commodities From 3.5 pips
Platforms -
Mobile trading support Yes
Mac device support Yes
Commodities Yes
Payment systems
Payment methods -
Minimum deposit -
Minimum withdrawal -
Withdrawal processing time -
Time to open an account -
Show all

Safety and security of Didimax Forex broker

Didimax is regulated by the BAPPEBTI which stands for “Badan Pengawas Perdagangan Berjangka Komoditi,” which is the Indonesian Commodity Futures Trading Regulatory Authority. While it is always great to see brokers regulated, this certain regulator is not on the level of security as other well-established supervisory authorities that focus on Forex brokers. BAPPEBTI is mainly a commodity and futures trading regulator, and traders should exercise extra caution when dealing with Forex brokers regulated by authorities that focus on other types of markets. 

didi max main page.png

Account types available for traders on Didimax

The only trading account offered by Didimax is a default live account, claiming to be offering spreads from 2 pips. We have checked the website for live spreads, and they sometimes fell as low as 1.7 pips on major pairs, which is still more expensive than the industry-average 1 pip. 

The execution model provided for this live account is the NDD or No Dealing Desk model, meaning Didimax redirects all orders to its liquidity providers. Tradable instruments are just around 20 instruments of Forex, metals, and indices, which is a fairly low number. Execution type is market execution for all trades unless the trader selects limit orders. The average execution speed is relatively high at 1 second. Margin calls and stopouts are 50% and 30% respectively. The minimum lot size is high, from 0.1 lots, which makes it not possible to start trading small and learn along the way. Hedging and trading robots are allowed and there are no requotes. 

Pros & cons of Didimax account types

Acceptable minimum deposit of 100 INR, USDOnly one trading account is offered
Enables traders to use Demo and Islamic account typesThere are no accounts with 0 spread
High leverage of up to 1:400Minimum lot size is high at 0.1 lots

Fees & commissions review of Didimax

Comparing Didimax fees with other brokers

Let’s see if Didimax broker offers appealing fees for trading in the tables below. 

Didimax fees compared to Interactive Brokers fees

Type of FeeDidimaxInteractive Brokers
EUR/USD SpreadFrom 2 pipsFrom 0.6
Fees on Deposits0 USD1%
Inactivity fee0 USDNo*

*Inactivity fee was eliminated by IB in 2021, it used to be $20/m

Didimax fees compared to CM Trading fees

Type of FeeDidimaxCM Trading
EUR/USD SpreadFrom 2 pipsFrom 0.9 pips
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 15 EUR/USD per month after 60 days of inactivity

Didimax fees compared to plus500 fees

Type of FeeDidimaxplus500
EUR/USD SpreadFrom 2 pipsFrom 0.8 pips
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 10 USD per month after 3 months of inactivity

Didimax fees compared to XM fees

Type of FeeDidimaxXM
EUR/USD SpreadFrom 2 pipsFrom 0.6
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 15 USD after 12 months, +5 USD/m

Didimax fees compared to AvaTrade fees

Type of FeeDidimaxAvaTrade
EUR/USD SpreadFrom 2 pipsFrom 0.9
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 50 USD after 3 months, 100 USD administration fee after a year

Didimax fees compared to Capital.com fees

Type of FeeDidimax Capital.com
EUR/USD SpreadFrom 2 pipsFrom 0.9
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 50 USD after 3 months, 100 USD administration fee after a year

Trading platforms and mobile trading reviewed at Didimax

The two platforms offered for trading by Didimax include the advanced MetaTrader 5 platform and Jafetscolt. The Jafetscolt or Jakarta Futures Exchange Trading System Client Online Trading is an integrated brokerage platform that offers only commodities trading but offers high levels of security. MT5 is superior among the two as it offers advanced trading tools and functionality. 

Education and research tools offered by Didimax

Didimax has a dedicated section for education on their website. Diverse educational resources are all paid for and provided to beginners to make sense of financial markets such as training & seminars, private training, and trading webinars. Multitudes of traders are teaching at Didimax to newcomers.

Apart from the majority of educational resources that are paid, there is also a section with free educational resources. This free educational section is mainly composed of educational articles about various Forex trading topics.

As for research tools, there are only economic calendars and market news provided. There are no other tools like indicators offered, which is unfortunate.

Customer support of Didimax

Didimax offers live chat in various forms and shapes of Telegram, WhatsApp, and website live chat. 

The website is available in English and Indonesian languages, but the support is only provided in Indonesian. 

The broker is also present on social media channels and platforms including Facebook, YouTube, and Instagram. 

Phone support and email support are also readily available 24/5 together with local offices in Indonesia. As the broker heavily targets Indonesian traders, it provides local traders with physical offices, but live chat is still a much better alternative because of its speed and efficiency. 


Didimax offers a handful of tradable instruments in three assets, Forex, indices, and commodities. The number of all instruments is around 20 which is fairly low compared to popular brokers. The support is only available in the Indonesian language, and it is difficult for international traders to get assistance from the broker. Much of the educational resources are paid, with only several articles available freely. Limited account options and higher minimum lot sizes are not suitable for all traders. While the broker is regulated, the regulatory authority focuses on commodities trading, which raises some security concerns for Forex traders. 

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FAQs about Didimax

Is Didimax regulated for Forex trading?

Yes, Didimax is regulated by BAPPEBTI, the Indonesian Commodity Futures Trading Regulatory Authority.

Can I open a demo account with Didimax?

Yes, Didimax offers demo accounts, allowing you to practice trading without risking real money.

What payment methods are available for depositing funds with Didimax?

Didimax primarily supports wire transfers via local Indonesian banks, making it the main payment method for deposits.