If you are a beginner forex trader, when looking for a trusted forex broker in Indonesia you must remember that a trusted forex broker is one that is officially registered with BAPPEBTI. So if you find a forex broker that offers attractive promos, but is not registered with BAPPEBTI, you should ignore it.
Because it can be ascertained that the forex brokerage company is illegal, and generally these brokers are usually brokers who come from abroad. Those who may already have official regulations in their country of origin, but do not register their companies in Indonesia.
So that the broker's activities and operations cannot be officially monitored by legal entities and financial institutions in Indonesia. So you can be sure that the funds you invest in the broker can be more vulnerable.
So, the best advice from us is you can choose one of the recommendations of a trusted forex broker in Indonesia that officially has BAPPEBTI permission, below:
1. PT Octa Investama Futures
PT Octa Investama Berjangka is one of the most trusted and legal forex brokers because it is registered and supervised by BAPPEBTI. To register a trading account at the PT Octa Investama Futures broker, you can access it at www.octa.id.
PT Octa Investama Berjangka offers the best benefits such as 5 USD per lot Rebate every time you make a trade transaction, there is a leverage of 1:500, and a rate of 1 USD = IDR 10 thousand. In addition, PT Octa Investama Berjangka also offers trading prizes by exchanging trading volume into several attractive prizes. This broker also provides fast and smooth order execution services.
PT Octa Investama Berjangka also offers a trading application via an android phone that can make traders feel comfortable and practical when trading, and make it easy to make deposits and withdrawals quickly. OCTA broker has also used MetaTrader 4 which is easy to use, there is an Islamic or Islamic account, a minimum deposit of $100 and trading spreads are low.
2. PT Rajawali Kapital Futures
PT Rajawali Kapital Berjangka is a trusted forex broker whose website address is at ecapital.co.id. This Rajawali Kapital Futures Broker is officially registered with BAPPEBTI with the number 003/BAPPEBTI/SI/08/2020, so you can say it's safe for you to invest here.
PT Rajawali Kapital Berjangka provides a real-time trading experience, high security, a well-integrated system, and already uses the Metatrader 5 trading platform. At Rajawali Kapital Berjangka Broker you can choose several trading accounts, including a demo account that can be obtained for free, a live account with a minimum deposit $35, low commission and SWAP account with a minimum deposit of $35, micro account, low commission, floating rate and using Metatrader 5.
3. PT Sinarmas Futures
Continue with the recommendation of another trusted forex broker, namely PT Sinarmas Futures which you can access the official website at www.sinarmasfutures.co.id.
PT Sinarmas Futures provides excellence with the best level of security, perfect market liquidity, direct trading on the stock exchange, integrated into the global market, more than 20 years of experience, transparency of customer transactions, and has the best service in accordance with the rules imposed by BAPPEBTI.
Through the PT Sinarmas Futures website, you can immediately open a trading account, the forex trading platform already uses MetaTrader 5 and you can do investment planning through the GOFX application.
4. PT United Asia Futures
In addition, you can also choose a trusted forex broker with PT United Asia Futures which has an official website address at www.united-asia.com. PT United Asia Futures, apart from being officially registered with BAPPEBTI, is also a member of JFX and ICDX. So the security of this one boker can be guaranteed and is suitable for beginners. In addition to forex trading, at PT United Asia Futures there is also commodity trading and index futures.
5. PT Victory International Futures
PT Victory International Futures is the right choice for those of you who are looking for a trusted broker for trading. Because the broker PT Victory International Futures offers its customers a variety of products such as precious metals, oil, indices, commodities and futures contracts.
In addition, PT Victory International Futures has also been officially registered and supervised by BAPPEBTI, there is a segregated account where company accounts are monitored daily by the regulator, all transactions are directly forwarded, no dealing process, 24/7 support via telephone, chat or email, all use Robots or EAs are allowed, and trading applications can be used on all platforms.
If you are interested in this forex broker, you can register via the website address www.vifx.co.id.
6. PT Monex Investing Futures
www.mifx.com is the website address of the broker PT Monex Investindo Futures which is a trusted broker for forex trading that has been officially registered with BAPPEBTI.
PT Monex Investindo Futures offers novice traders to easily invest because the minimum initial deposit at this broker is small starting from IDR 500 thousand only. Before trading using a live account, a demo account from PT Monex Investindo Futures is also available.
PT Monex Investindo Futures has 4 types of trading accounts to choose from, namely ultra low, standard, pro and multilateral accounts. Each trading account has a different minimum deposit, spreads from 0.2 to 1.8, commissions from $1 to $20, and offers a maximum leverage of 1:100.
