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After thoroughly examining what I could find about Mandiri Investindo Futures, I have to point out that the broker’s available information is quite limited when it comes to trading costs—especially regarding commission structures on ECN or raw spread accounts. As someone who relies heavily on knowing the exact fee structure before committing capital, this lack of transparency is a significant issue for me. Mandiri Investindo Futures is, however, regulated by BAPPEBTI in Indonesia, which does suggest some oversight and basic standards, but regulatory registration alone does not guarantee comprehensive cost disclosure. From my experience, brokers who do offer ECN or raw spread accounts typically publish their per-lot commission charges clearly to help traders evaluate and compare true trading costs. In this case, Mandiri Investindo Futures uses the MT5 platform and offers both Micro and Mini accounts, but there’s no concrete detail available regarding whether they implement a per-lot commission, rely on wider spreads with zero commission, or use another fee model entirely. In my professional judgment, any trader—especially those operating on thin margins or high frequency—should approach with caution until all costs are detailed and confirmed directly with the broker. I would always contact support for absolute clarity on this before opening or funding any account. For me, such gaps in publicly available cost data mean Mandiri Investindo Futures does not yet meet my standards of transparency for trading decisions that could affect my capital.