Effect of broker blockage on trading results

Scam
S
samsul
22 Apr 2014, 21:13 4,354 Views

FXDD has been blocked by Bappepti, but if I keep trading there and make a profit, can I withdraw the profit to a local bank like BNI? Will it be a problem if the money from my trading at FXDD, which has been blocked and considered illegal by Bappepti, is withdrawn?

3 Answer

K
KampusTrader 22 Apr 2014, 21:13

If that is indeed the case, we believe not. Because what is blocked is access to the broker's website, not your access to the bank account.

Thanks.

H
hells 29 Apr 2017, 13:37

Many foreign brokers have been blocked by BAPPEPTI. If I trade there and make a profit, and then withdraw my profit to a local bank, for example, BCA.

Will there be no problem with the money I earned from trading with a broker that has been blocked and is considered illegal by BAPPEPTI?
R
rachmat 02 May 2017, 11:01

For Hells..

The money you WD will not go through Bappepti. The money you WD can go directly to BCA, with the same data, in your ownership.

In reality, the broker's blocking is only a realization of Bappebti's action of not recommending the said broker. But that is only seen according to their standards. Meanwhile, there are also many foreign brokers who are not regulated by Bappebti but already have permits from international regulators and are therefore in accordance with the standards of that agency.

Thanks

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