What are the consequences of trading with a foreign broker?

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Edrik Putrakusuma
18 Apr 2022, 15:38 401 Views
Hi Master, they say trading with foreign brokers is not allowed, right? What is the punishment for trading with foreign brokers? Is there tracking of people who trade with foreign brokers?

1 Answer

M
martin 18 Apr 2022, 20:35

@ Edrik Putrakusuma:

As far as I know, there are no regulations prohibiting trading with foreign brokers. Many Indonesian traders trade with foreign brokers. There is no tracking. The government only advises against trading with foreign brokers that are not regulated by Bappebti, because if there is a problem the government will not be responsible.

 

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