Is it safe to play with a large amount of money in Tickmill, and what's the difference in SC regulation, because Indonesian traders must be registered with SC Tickmill?
@Deddy: I think it's less safe for large funds because the regulations from SC (Seychelles) are less guaranteed. Seychelles is an island nation located in East Africa.
There is safer regulation from Tickmill, namely FCA UK, but Tickmill UK regulated under FCA UK cannot accept clients from outside the UK. Apart from UK citizens, they will be directed to tickmill seychelles.
It is better to choose a broker regulated by an internationally credible regulatory body, namely: CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA.
For reference, you can visit the following broker pages:
@Jaka Sembung: do the brokers you mentioned accept clients from Indonesia?
All forex brokers above accept clients from Indonesia.
.... out of those brokers, which broker is the best according to your experience?
Interactive Brokers first, Saxobank runner-up.
indeed that broker is well regulated by the FCA but when clients from Indonesia register they are directed with offshore broker regulation?
This is a challenge that many Indonesian traders who are already consistently profitable and want to grow their accounts face. Many brokers write credible regulations but when Indonesian traders register, they are directed to offshore regulations. That is why I clearly wrote the brokers above, because some of them do not redirect to offshore regulations. Interactive Brokers, Saxobank, Oanda, City Index, Swissquote do not redirect to offshore regulations if Indonesian traders register with them.