Broker IFSC for Indonesian Traders

Indonesian Forum
H
Haryadi
20 Sep 2020, 11:47 355 Views
Can you find a broker with specific criteria for Indonesian clients to be included in the IFSC regulator? Are they credible? I want to invest more than $5,000 in the future because new regulations include British residents under the FCA, which I prefer, but I am from Indonesia. There are many safe and credible broker options in SF with a large amount of funds, which one should I choose?

1 Answer

R
rizki rosadi 24 Sep 2020, 10:30

@Haryadi: for Indonesian customers included in the IFSC regulator, is it credible?

Less credible. It is better to use a forex broker from a credible regulator such as CFTC, FCA, MiFID, ASIC, etc.

For fund deposits of more than $1,000, it is best to choose a broker carefully and cautiously. This is because you want to do long-term forex trading and look for an honest trading partner (broker).

One example of a broker that you can consider is FXCM UK, which has FCA UK regulation.

Thank you

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