Safety of Forex Brokers

To Dado,

Regarding the security of a broker, we recommend using a broker regulated by a trusted regulatory body (such as ASIC, FCA, FSA, NFA, etc.). Of the brokers you mentioned above, only broker XM is regulated by the FCA UK and ASIC. While the other brokers only hold regulatory licenses from local regulatory bodies where the broker originates.

Regarding the security of the brokers you mentioned above, we believe that the broker is a fairly popular forex broker among Indonesian traders. In other words, to date these brokers are still trusted by quite a number of Indonesian traders. However, we advise against using too much capital if you join a broker that does not have regulation from a trusted regulatory body.

Hope this helps.