Forex trading is a risky investment, so you must choose a trusted forex broker Indonesia. This type of investment is known as a high-risk high return. Therefore, in playing forex several things need to be considered. One of them is having sufficient knowledge.
Then, becoming a professional trader is one of the dreams most beginner traders want. Most likely, you are also one of them. Because to become a professional trader, you need strong practice and discipline in understanding forex trading and then achieving results according to the target of the trader.
Therefore, having sufficient knowledge in playing forex trading is not enough. Because you must have the ability to choose a forex broker Indonesia. This is an important key for you in the world of forex trading. Here are several things that need to be understood in choosing the best forex broker in Indonesia.
Forex Broker Indonesia Have Clear and Guaranteed Operational Legality
First, you must choose a legal forex broker. This is because there are several brokers who are still illegal and violating the rules. A trusted broker is directly supervised by the Commodity Futures Trading Supervisory Agency or Bappebti.
Thus, all types of futures markets are directly supervised by Bappebti. The forex broker is no exception. Brokers that have been registered with Bappebti are clearly credible and have not committed any violations. This is because Bappebti itself carries out strict supervision.
So that all brokers will be fair to all traders. Even if the broker is proven to have committed a violation, immediately the operational license will be revoked. Thus, there is a status of cooperation between traders, brokers and regulatory agencies appointed by the government.
With this regulatory body, it will provide more benefits for traders, especially for beginners. They dare to invest some money in the best forex broker. If you choose a fake broker, then you will feel the loss yourself.
Provides Total Protection against Fraud
Then another thing that makes you choose an legal forex broker Indonesia is to avoid criminal acts, such as fraud or other criminal acts. Even forex brokers are not only supervised by Bappebti, but are also supervised by other legal entities. This is done to ensure that traders' investments are safe.
So, traders cannot choose a broker carelessly. Because, choosing a broker that is not credible will definitely burn your money. There are even a lot of brokers who suddenly disappear and it is not known who the owner or the person is responsible for. If you choose a legal broker, the risk can be anticipated from the start.
Provide Clear Compensation Guarantees
Apart from the two reasons above, there are other reasons that require traders to choose a legal broker, namely the guaranteed compensation in it. When a trader makes an investment in the world of trading and then the broker goes bankrupt, there is a clear guarantee of compensation.
This is because all legal brokers have indeed been asked to deposit all these funds in a body that has been appointed by the government to obtain legality. Then the money is used as a compensation fund in compensating traders for losses. So, traders can trade comfortably without worrying that their money will be lost.
Then customer support is an important part of choosing a legal forex broker. Because a legal forex broker like Didimax forex broker will serve all the problems that occur to traders. Thus, traders can get communicative and fast response to customer support services.
Trading is a real business that you cannot do carelessly. There are many things you have to pay attention to. Apart from learning the basics of trading, you also have to choose a trusted forex broker Indonesia so that you can trade safely.