Purpose

The Indonesian forex market is a newly emerging forex market that has developed in recent years. As Indonesia's economy continues to grow, the demand for forex trading is increasing. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team traveled to Indonesia for on-site visits.

Process

This week, the team traveled to Indonesia as planned to conduct an on-site visit of the forex broker Capital Forex Trade. According to publicly available information, its office address is Satrio Tower 16th, Jl. Dr Satrio Kuningan, Jakarta.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, traveled to Indonesia according to a meticulous plan to conduct an on-site verification of the broker Capital Forex Trade claiming to be located at the aforementioned address.

The team successfully arrived at Satrio Tower, located in the city center of Indonesia, an ultra-luxury office building with a bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information was found on the exterior of the building.

The team entered the lobby of the building and explained their purpose to the security guards or staff. After communication, they obtained permission to enter. On the directory board inside the building, information for other companies was displayed at this address.

The site visit personnel learned that the corresponding floor was a shared office. Due to visitor restrictions, the personnel could not reach the corresponding floor to confirm the office area situation of Capital Forex Trade, nor could they enter inside or photograph its reception desk.

From the lobby area, because they were not allowed to go upstairs, the team could not observe the company's internal environment. The overall situation did not match its claimed positioning.

Therefore, after the site visit, it was confirmed that the broker Capital Forex Trade does not exist at the aforementioned address.

Conclusion

The team proceeded to Indonesia as planned to conduct an on-site visit of the forex broker Capital Forex Trade. At its publicly displayed business address, no information such as the company name of this broker was visible, indicating that this broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and viewpoints are for reference only and should not be used as the basis for final selection.