Reason for this visit

While Bank Indonesia (Indonesia's central bank) aims to keep the rupiah stable, BAPPEBTI governs all entities operating on the Indonesian financial market, including forex and CFD brokers, and the agency is directly overseen by the Ministry of Finance. In 2013, the Indonesian government began cracking down on a large number of fraudulent brokers targeting Indonesian citizens, causing overseas brokers operating in the country to shut down their websites. Later, the Indonesian government decided to open it up again to overseas brokers on the condition that they set up an office in the country and follow the guidelines of BAPPEBTI (if any). But these conditions turned out to be short-lived as currently Indonesian investors are free to choose any international broker. With a population of nearly 270 million, Indonesia is the largest Muslim country in the world, and all forex brokers in the Indonesian market offer Islamic trading accounts that are compatible with Sharia law. In order to help investors or practitioners have a more comprehensive understanding of foreign exchange dealers in Indonesia, the survey team is going to the country for on-site visits.

On-site visit

This time the survey team went to Indonesia to visit the foreign exchange dealer Surya as planned. The survey address is Menara Ravindo Lt. 9, Jl. Kebon Sirih No. 75, Jakarta Pusat 10340.

The survey personnel came to the destination of the current survey according to the above address. The destination is located in the busy downtown area of Jakarta, Indonesia. It is surrounded by high-rise buildings and the location is excellent. The investigators saw the trader's water sign in the lobby.

The investigators found the dealer's office on the 9th floor. The company logo is posted on the background wall of the reception area. The security guard warmly received the survey personnel and led them into the office for a visit. According to the security guard, most employees are currently working from home because of the epidemic. The dealer has a total of 5 offices, with usually more than 20 people working there.

Conclusion

The actual address of the dealer Surya Indonesia licensed company is consistent with the regulatory address. The office space is well decorated and the environment is warm. Investors are requested to make a sensible choice after careful consideration.

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.