Broker Regulation FCA UK for Clients in Indonesia

Indonesian Forum
G
Green Lee
15 May 2021, 13:51 549 Views
Hello, I want to correct the summary of some brokers discussed here, about brokers that are well regulated in the FCA UK. But, what I find strange is that clients from Indonesia are not fully under the supervision of FCA UK regulations.

For example, for FXCM.UK, when you fill out the registration form by entering Indonesia as your country of residence, the registration page will redirect to fxcmidn.com.

FXCMIdn (FXCM Markets) is a client of FXCM.UK, & regulated in Bermuda, not FCA.UK. To be more careful, traders should first ask the CS Support, which regulatory oversight their account is under.

I plan to trade $1000 with a broker regulated by FCA UK for Indonesian clients. Please advise me, Master.

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