Business

KNOWING REGULATIONS AND LEGALITY OF FOREX BROKERS

Not long ago you may have read on the internet, that the Financial Services Authority released a list of investment providers who were not licensed or under the supervision of the FINANCIAL SERVICES AUTHORITY.

The list is quite disturbing, considering that there are several futures brokers or known as forex brokers who were also targeted by the list released by the FINANCIAL SERVICES AUTHORITY.

Anxiety was heightened by media headlines that seemed to generalize that all the names on the list were “investment scams” aka investment scams.

In fact, FINANCIAL SERVICES AUTHORITY itself has clearly stated that, “The Financial Services Authority (FINANCIAL SERVICES AUTHORITY) releases lists of companies or activities that do not get permits and whose products or services are not supervised by FINANCIAL SERVICES AUTHORITY.”

This means that not all names on the list are illegal, but they may not be under the supervision of the FINANCIAL SERVICES AUTHORITY.

So what does FINANCIAL SERVICES AUTHORITY have to do with forex brokers or futures brokers?

Here, you will be invited to understand more deeply about the existence of forex brokers in Indonesia, and in this article, you will learn:

Tips for choosing a trusted broker

As we know, forex trading is not a new business because it has been around for more than two decades and is one of the businesses that is followed by many people from all over the world.

However, there are still many Indonesians who do not really know how to work and the advantages of this forex business, even though forex trading can provide maximum benefits if practiced properly.

In running any business, of course you cannot run it alone and this also applies in forex trading. Apart from you being a trader who will play an important role in this success, you also need other supporting “players” who can help your business continue to run well, namely forex brokers. However, where can you find a broker that provides this facility for you? You can get it at fidelcrest.com

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