How to choose a reliable Forex broker - Forex trading is indeed
global. Basically the government has set a legal base in a business through,
the Basic Law Number 10 of 2011, regarding Amendments to the Law Number 32 Year
1997 items, namely about Commodity Futures Trading.
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| How to Choose Trusted Forex Broker |
Regulations and the Act.
Obviously made with a purpose, to protect the rights of investors of the
existence of the funds already invested. Do you feel calm and safe, if Entrust
your funds to the broker is not clear legality of her? Certainly not instead.
Sometimes frequent cases of fraud in investing, with a variety of ways to raise
funds from the inverstor, and then taken blur the set of funds.
In Indonesia there are three
parties that can act as an authority in Forex trading. Among others, the
Commodity Futures Trading Regulatory Agency (BAPPEBTI), or the Jakarta Futures
Exchange (BBJ), and the third Indonesian Derivatives Clearing House (KBI). Very
logical if the legal broker, the better course to Obtain official permission
from the three theoretical above.
However, to avoid
undesirable as fraud. Actually there is a simple characteristic, which you can
see on the Website Such Forex broker. by the way, if unauthorized certainly did
not display a formal official permission from the authorities in Indonesia.
More details characteristics of illegal Forex broker, you can see below.
The
characteristics of the Forex broker that is illegal :
- The office location is not as clear as that identity is not complete.
- Not listed in BAPPEPTI, BBI and BBJ.
- Media contact is not clear, such as the structure of the management or ownership of the company that screwed.
- Not have permission overseas transactions.
- After you register, the withdrawal funds at it harder.
That characteristic is
illegal brokers, but you do not feel anxious or fearful. About the broker
fraud. There are several ways and tips to anticipate:
1. You need to remember is
that the main legality. Especially for those of you who are interested in the local
broker, be sure to know the permit must have the 3 authority, which we wrote
above, lest you be deceived by words, such as permits are being processed or
other reasons.
2. This Applies if you get
an offer. By way of offline or to meet and face to face, it is only natural if
you meet with the salesman of the broker, they must have already prepared a
variety of words that can arouse you, but you should really grasp the salesman
of the brokers as follows:
- To ask for contact / phone / ID of the salesman. Assignment conscientious of Forex broker what ? he could have on Behalf of other forex broker.
- Study the documents deal with customers. Notifications risk, Term of service and others.
- By researching how to manufacture your margin made.
3. Check and re-check of the
brokerage company profile as follows:
- Study the following company profile performance. Experience could be the added value of forex brokers who have had a long standing license, and of course can be believed, but if not the exact opposite.
- Ask and understanding of the system and monitoring customer complaints.
- Ask for certainty and clarification of the Segregate Account.
That tips and how to choose
a reliable broker. Maybe that can make calm trader is, sanctions broker who
does not have permission from BAPPEBTI, is 10 years in prison and a fine of 20
billion. Which has been set in Act Number 10 of 2011 with article 71, paragraph
1. And there are many other sanctions for fraudsters broker.
