Actually, the question that remains is regarding the license held by fintechfx.
If the license held is not a license for forex trading, then what permission does that license grant to fintechfx? Is our invested money still safe without a forex broker license? Is it true that it is stored in a segregated account? Does the license currently held provide protection for investor funds?
To Hael,
This broker actually does not have a valid license in Indonesia or its license may have been revoked. Therefore, the Financial Services Authority (OJK) has warned the public to be careful.
In addition, there are still many pros and cons regarding the legality of this broker. You can follow the developments of these pros and cons in several forex trading forums, or one of them in this Q&A section.
Hopefully this can help.