While Forex trading in Indonesia is legal, there are still some religious factors to consider. That said it is down to individual choice as to whether you choose to trade or not. Currently, there are still only a few good Indonesian brokers to choose from, but there are plenty of overseas ones that Estimated Reading Time: 8 mins 08/06/ · If the price is correct, then Amir will experience profit. If it turns out the price moves otherwise, yes of course Amir loss. Well, that’s the forex trading mechanism in the everyday world. There are many exchanges here. In Indonesia, trading is regulated by PT BBJ (Bursa Berjangka Jakarta).Estimated Reading Time: 9 mins Is Forex Trading Legal in Indonesia? This is a common question for those who are new to forex trading in Indonesia, though the simple answer is yes, forex trading is legal. The process of forex trading is similar to any other kind of trusted trading with forex traders speculating on two currency blogger.comted Reading Time: 7 mins
Forex Brokers Indonesia - Is It Legal To Trade There? All the Details here!
Hey Trader! Another factor is the issue of legality, is forex trading legal in indonesia. Just imagine in a forex investment. You have invested forex and generated hundreds of percent of profits from your forex trading. And it turns out the company where you invest is forex companies are run away and belong to illegal companies. Well until here, ending the dream of enjoying the profit of hundreds of percent. In forex beginners and those who plunge directly in it tend to prefer to see the platform presented or is forex trading legal in indonesia regulation in favor of the consumer.
But I tell you: Good platforms and consumer-side regulations do not guarantee Brokers where you invest legally! So, read this article carefully if you do not want to enter the trap of Forex Scammer!
Here is a flowchart of forex trading mechanisms:. Just as in a typical trading trade, in forex trading basically requires both sides of the buyer and seller. Everything is done in the form of agreements and brokered by arbitration agencies commonly referred to as Brokers. The exchange here is a meeting place between the seller and the buyer in the deal. The other language is the market, where Seller and Buyer meet.
Differences exchange with conventional market is forex trading legal in indonesia at the stock usually does not happen sale and purchase transactions individual retail but usually in accumulated and then in execution. Well, If an investor says, just say his name is Amirlook at the odds that the GBP currency remember, GBP means Great Britain Pound Sterling or United Kingdom currency will is forex trading legal in indonesia against the US Dollar.
Then of course as a good investor and make a profit he bought GBP according to his calculations for then saved until the time GBP strengthened then Amir will sell it again. In forex a unit of 10, commonly called 1 lot. So all transactions are calculated based on this lot unit. So in forex transactions, we do not recognize the purchase of as much as 15, pounds for example because the numbers is forex trading legal in indonesia number of aliases 1.
And 1. To make a purchase of his GBP, Amir made a purchase through the broker where he invested. Order was done, is forex trading legal in indonesia. And the salabim bim … with a single click on its forex platform, Amir has just taken action to buy 10, British Pounds. Easy as that. But the question arises for those of us who do not know forex: What actually happened when Amir made a purchase through his forex trading platform?
Well, the answer is that within a fraction of a second it is basically a transaction in Amir account where he bought 1 lot Pound do not ask me again what is lot! I have explained above … please, come on …. Then who sells his GBP to Amir?, is forex trading legal in indonesia. Well, in this case temporary transactions occur between Amir with his brokers.
The broker accepts all orders made by Amir and other investor partners who invest through the same broker. So for a while the transaction took place between Amir and Broker. But as I have written above, the transaction happens for a while only. The next broker will forward all orders made by the customer to a higher institution on top of that is the stock or other large banks.
Investors need Brokerage Companies because investors can not directly access the exchanges or major banks. Well, the stock is basically like I mentioned before, is a meeting place between the seller and the buyer of the big party, is forex trading legal in indonesia.
The perpetrators are mostly big banks, brokers or other financial institutions and big boys. In the exchanges all these transactions meet the total lot of purchases and sales. Total forex transactions spot, swap, forward are actually quite massive: reaching 3.
Yes enough to finance the State Budget of Indonesia a few years. With this total market, the Brokerage Company where Amir can transact Amir order, is forex trading legal in indonesia. So, the broker gets what he needs and so does Amir.
While from the side of Amir, he did not bother with the forwarding order by his favorite brokerage company. He only knows that in a split second the order has been fulfilled by Brokers and then Amir is just waiting for the price to move up as predicted. If the price is correct, then Amir will experience profit. If it turns out the price moves otherwise, yes of course Amir loss. There are many exchanges here.
In Indonesia, trading is regulated by PT BBJ Bursa Berjangka Jakarta. Keep in mind here, the forex market although there are exchanges in various countries but not just concentrated in such exchanges such as the stock market. If in stock, let say Telkom stock TLKM code can only be transacted on the stock which has been listed on the BEJ and NYSE great also Telkom can hit NYSE Jthen in forex market is forex trading legal in indonesia system is not the case, forex market is open market is not closed market like shares that can only be transacted in the stock market.
veryone can trade currencies, everyone uses money in transactions. You exchange Rupiah with Dollar is forex trading legal in indonesia included part of forex market. Where there is a difference in exchange rate, then that is where speculation and investment occur. Legality Well is forex trading legal in indonesia we are in the matter of legality. Something that is often forgotten by the forex beginners.
In an investment the problem of legality is one of the central parts that plays a role. Maklumlah an investment company usually also play a role to raise public funds. This is very crucial in case of fraud or problem of default by the company to its customers. Banks have BI Bank Indonesia as its regulator. While insurance companies are regulated by the Insurance Directorate under the Ministry of Finance, securities companies have Bappepam as regulator.
Forex is classified as a futures exchange. That is derivative investment derivative of stock investment products and friends. Initially these derivative products are initiated by index and commodity trading.
Then then add new member that is trading foreign exchange named forex. Please read back the article. Because it is no longer pertained securities investment, then forex trading also has its own regulatory institutions trading index and commodities that are twin sisters.
In Indonesia, the regulators who supervise the activities of the brokers are under the authority of Bappebti Futures and Futures Trading Supervisory AgencyBBJ Jakarta Futures Exchange and KBI Indonesian Derivatives Clearing House. In the United States which is a pioneer of margin trading trading, regulatory authority is under the CFTC Commodity Futures Trading Commission and NFA National Futures Association.
CFTC and NFA can be regarded as role models for other regulators in each country. The brokers that are regulated under them must follow strict rules and are strictly selected. The American law prohibits citizens from investing in non-regulated brokerage companies under these two institutions.
Even brokerage firms that are not members of CFTC and NFA also prohibit US citizens to open their forex account through them. Yes maklumlah, superpower. Anything can be done. Cheat … How nice if we citizens of Indonesia get the same protection.
Well, here I think there is a bit of enlightenment for you who are completely blind with the problem of legality. One thing is certain: never open a forex account at a broker that is not regulated under any government agency. PT permission alone is not enough to set up a brokerage company! So do not be easily tempted by the good platform and regulations that seem to benefit the customer but when asked the permission of the company they just argue that the permit is being taken care of or even say they have permission to establish the company.
Remember, being taken care of does not have permission yet! It is their duty to convey what is good, is forex trading legal in indonesia. Yes his name is also marketing. If that is not good ya well kept for yourself alone hihihi …. Well now the question arises, is there a brokerage firm that does not mengantogi permitor alias illegal broker regulator? Yes a lot. Both domestic and foreign brokers. His name alone is illegal. So indeed his initial intention was not to do business but to cheat.
Remember, business is not a fraud. No fraudulent activity can last. But there is a Chinese saying that business is categorized as lasting if it has been able to stand for three generations. I have never heard of any lasting deceiving activity for three generations. This illegal brokerage company has many ways to seduce people to invest through them. Yes of course no investment results aka fraud. Usually they use sweet promises that are seasoned to make sense.
Some of their promises are like this:. Well, is it too good to be true? Too good to be trusted? Come learn a little English ….
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While Forex trading in Indonesia is legal, there are still some religious factors to consider. That said it is down to individual choice as to whether you choose to trade or not. Currently, there are still only a few good Indonesian brokers to choose from, but there are plenty of overseas ones that Estimated Reading Time: 8 mins Is Forex Trading Legal in Indonesia? This is a common question for those who are new to forex trading in Indonesia, though the simple answer is yes, forex trading is legal. The process of forex trading is similar to any other kind of trusted trading with forex traders speculating on two currency blogger.comted Reading Time: 7 mins 02/12/ · Is Forex Trading Legal in Indonesia? Yes, it is legal to trade forex in Indonesia and it is also quite a calm trading environment. Forex brokers in Indonesia vary from small to large brokerage firms. The forex market is expanding at a rapid rate despite the religious beliefs of the blogger.comted Reading Time: 4 mins
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