5 List of Official Forex Brokers in Indonesia
Official Forex Brokers are brokers that have been registered with BAPPEBTI, BAPPEBTI is an institution under the Indonesian Ministry of Trade which originally had the authority to regulate trade in goods, but has now developed into a regulator for the Forex, crypto and gold markets.
Any company that wants to offer Forex trading services (futures brokerage) to Indonesian citizens must first obtain permission from CoFTRA.
After obtaining company approval, CoFTRA continues to monitor and evaluate the company’s performance to ensure that it can serve the community in accordance with applicable laws and regulations.
The list of official and latest Indonesian forex brokers can be seen on the CoFTRA website.
The information on the website includes futures agents who only facilitate trading services and brokers who provide all derivatives services, including Forex.
Here is a list of 5 official Forex brokers in Indonesia:
1. Advanced Fintech Futures
The best traded products include the Hang Seng Index, Foreign Exchange (Forex), Loco London Gold and Multilateral Commodities. Providing Online Transaction Services To Customers And In The Indonesian Industry, PT .Fintech Forward Futures Trading Activities Use High-Tech Trading Platforms.
2. PT Abi Commodity Futures
ABI COMMODITY FUTURES which was established based on deed No.21 dated April 9 2018 of Notary Vivi Novita Ranadireksa on Jl.Cikatomas I No.29 Kel. Rawabarat, Kec. Kebayoran Baru, South Jakarta 12180 participates and joins this futures trading industry, and has the belief that this futures trading industry has a good selling value and is an alternative investment that can develop in Indonesia.
3. PT Agrodana Futures
Agrodana Futures is a licensed futures brokerage company based in Indonesia. Established in May 2000 with head office in Jakarta and branch offices in Bandung, Surabaya and Lampung. As part of our ongoing commitment to developing and promoting futures trading in Indonesia, we have established Futures Trading Learning Centers and Commodities & Derivatives Interest Groups in Surabaya, Bandung and Malang.
4. PT Asia Trade Point Futures
PT. Asia Trade Point Futures or AsiaTradeFX is an investment company or financial brokerage company based in Jakarta. With us index futures, forex and commodity transactions can be done easily. We not only provide competitive investment products, but also provide education, specialized educators and services designed according to your needs. Our goal is to provide self-development facilities for the wider community to become a professional trader.
5. PT Bestprofit Futures
PT Bestprofit Futures (“BPF”) is an official futures brokerage company registered with the Commodity Futures Trading Regulatory Agency (BAPPEBTI) since 2004. Members of PT Bursa Berjangka Jakarta and PT Kliring Berjangka Indonesia (Persero), PT Bestprofit Futures has 10 operational offices in Indonesia, including: Jakarta (2 offices), Bandung, Surabaya, Malang, Medan, Banjarmasin, Pontianak, Jambi, Pekanbaru and Bandar Lampung.
Thus a brief review of the official forex brokers in Indonesia. You have to be diligent and explore the world of the internet to listen to the opinions of local Forex brokers. Such a review can be done by a broker or marketing partner (Introducing Broker/IB), but it can also be done by experienced traders who actually offer genuine recommendations. You can use the review as a reference or further consideration before joining a Forex broker.