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Abstract:With the development of online trading these years, Southeast Asia has been one of the most active areas in Forex trading, which has led to increasingly emerging local brokers and attracts many international Forex brokers as well as numerous investors.
With the development of online trading these years, Southeast Asia has been one of the most active areas in Forex trading, which has led to increasingly emerging local brokers and attracts many international Forex brokers as well as numerous investors. However, due to the weak regulation of Southeast Asian countries, most investors doesn‘t trust the brokers in the area totally. Especially, the scandal of an Indonesian broker PTFX raised investors’ doubts about the local brokers. Thus, WikiFX team decided to pay a field visit to PACIFIC 2000, an Indonesian Forex broker.
Per the regulatory information recorded by the Indonesian regulator BAPPEBTI, PACIFIC 2000 holds a retail Forex license and operates for less one year with non-MT4/5 trading software.
According to the address from regulatory body, WikiFX team drove to the office of PACIFIC, an Indonesia licensed company located at ANZ Tower Lt.18, Jl. Jend Sudirman Kav. 33A, Jakarta 10220. Afterward, the huge advertising board of PACIFIC 2000 outside the ANZ Tower came in view.
WikiFX team found PACIFIC 2000 on the 18th floor as per the floor directory of the ANZ Tower.
WikiFX team arrived at the office of PACIFIC 2000 and saw a comfortable working environment with a well-decorated reception. It was estimated that there were about 50 cubicles in the big office.
Through the field visit, WikiFX team concluded that the office of PACIFIC 2000 in Indonesia did exist, and its actual situation was in accordance with its regulatory information. Meanwhile, as it claimed on its website, PACIFIC 2000 was established in 1989 with memberships in various Exchange. It is committed to presenting every client with high yielding opportunities and delivering premium and prudent services. With rich experience, expertise and advanced software and hardware, PACIFIC 2000 aims to help clients make profits in the sophisticated investment environment.
According to the WikiFX App, PACIFIC 2000 has a good performance in its software and risk management. Though PACIFIC 2000 is regulated by BAPPEBTI, the broker has potential risk due to the less one year of retail Forex license and weak regulation. WikiFX reminds investors to be careful with investment in order to avoid trading risks.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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