Here are 5 Official Online Forex Trading Brokers in Indonesia

 The official online Forex trading in Indonesia has started to get busy lately because of the viral trading situation some time ago.

Forex trading is one option that can be an alternative for you to buy and sell trading. Trading activities with forex can also be profitable, of course.

But do not be easily tempted by big profits just like that. There needs to be a cross check about the broker you use for trading.

Make sure first that the broker is an official ojk forex trading application. That way you will avoid fraud under the guise of forex trading.

Usually they will offer a very large profit in the beginning. You should be wary of things that are to good to be true like that. Because that will be your own loss. Therefore, we have summarized 5 official online forex trading brokers in Indonesia in this article.

Before discussing this, it is better if we know in advance what Forex is. Then which forex brokerage company is a recommendation for you.

What is forex?

It seems that we are familiar with the word Forex. This emerged because of the hectic problem of trading fraud some time ago.

Forex itself is an abbreviation of foreign exchange which is another name for foreign currency or the foreign exchange market.

Usually a trader (person who trades forex) uses a broker. Of course, use the official online forex trading broker site in Indonesia.

Quoted from the book Forex Online Transactions with Marketiva Streamster written by a person named Joko Salim in 2008. The book states that forex is a combination of two words.

The two words are in English, which is foreign which means foreign or foreign. And exchange which has the meaning of exchange.

So if we look at it economically, trading is a buying and selling activity that has advantages for the perpetrators.

In simple terms, forex means an activity in which the exchange of foreign currencies is carried out. Just as we exchange money at the money changer from rupiah to USD or EUR or other foreign currencies.

In trading activity also has a simple principle. When a currency pair has a low value we buy and when a currency pair has a high value we sell.

5 List of Official Online Forex Trading Brokers in Indonesia

To trade forex we need a broker. A forex broker is a company which acts as a liaison between market participants and the international foreign exchange market.

Because a forex broker is a company, it should be officially registered. This is very important and very necessary for you to make sure.

Because this broker will provide facilities that can allow people as well as you to transact online.

Before actually jumping into a trader, make sure that the forex broker you are using is legal. Has been included in the list of forex brokers registered with BAPPEBTI or the Commodity Futures Trading Regulatory Agency.

If it is registered with the agency, the broker already has official and clear permission. This applies to official online forex trading brokers in Indonesia.

Meanwhile, international forex brokers have been regulated by several countries. FCA UK is one example that comes from the UK.

Then what about in Indonesia? You don't need to worry, we have summarized 5 official online forex trading brokers in Indonesia. What are some? Check out the following 5 forex trading brokers.

1. PT. Global Kapital Futures Investment

The first company that can become a forex trading place for you is PT Global Kapital Investama Berjangka. The trademark that this broker usually uses is the name GKInvest.

This GKInvest is an official broker. They usually have an office in Jakarta as their head office. And of course this broker has been registered and obtained permission from CoFTRA.

In addition, PT Global Kapital Investama Berjangka has officially become a member of a well-known exchange in Indonesia. This company is a member of two exchanges, namely JFX or Jakarta Future Exchange and ICDX or Indonesian Commodity and Derivative Exchange.

GKInvest also provides free training for novice clients who are still new to the world of trading.

The products they serve include trading in the form of stock indices, currencies, oil and precious metals.

2. MRG Mega Futures

This company has been established since 1998 under the name PT Askap Features. But now it is known as MRG Mega.

This company is a futures brokerage company that was first officially recognized by the government in Indonesia.

The conditions they put forward for a deposit is 5 million. Relatively affordable, especially for beginners.

3. PT. Trijaya Prata