Membership Eligibility

Who can become a Member of ICDX?

  1. Trader Members

    Trader Members can be corporate or individual those are domiciled locally or internationally. Corporate entities (e.g. private limited companies, partnerships etc) can be 100% Indonesian owned or 100% foreign owned. Individuals should be either Indonesian residents with NPWP (Indonesian Tax ID’s) or Foreigners with NPWP

  2. Broker Members

    Broker Members must be corporate applicants that are domiciled locally or internationally). Corporate entities (e.g. private limited companies, partnerships etc) can be 100% Indonesian owned or up to 95% foreign owned.

Legal Entities Eligible for Membership

  1. Corporate Entities
    1. Local Indonesian incorporated companies
      1. Private limited company (Brokers must be a Private Limited Company).
      2. Traders can be private limited company as well as “sole proprietorship / partnerships” etc (Traders can be any type of legal entity)
      3. Indonesian owned 100%
      4. Trader entities can be 100% foreign owned (assuming the Trader itself is an Indonesian domiciled entity)
      5. Broker entities cannot be 100% foreign owned. Broker entities operating in Indonesia can be up to 99% foreign owned. Broker entities can only be private limited companies
    2. International Entities (Remote Memberships)
      1. Corporate Remote Members - Structure would typically be a Private Limited Company. Must be a Clearing Member
      2. Individual Remote Members – must clear through a Clearing Member
  2. Individuals that can be Exchange Members
    1. Local Indonesian Domiciled
      1. Indonesian Residents with NPWP (Indonesian Tax ID’s)
      2. Foreigners with NPWP (Indonesian Tax ID’s)
    2. International Domiciled
      1. Can be any individual that meets with ICDX KYC requirements