Purpose

The Indonesian forex market is an emerging foreign exchange market that has developed in recent years. With the continuous development of the local economy and the gradual opening of the financial market, the importance of foreign exchange trading in Indonesia has become increasingly prominent. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team went to Indonesia for field visits.

Process

In this issue, the on-site inspection team went to Indonesia as planned to visit the forex broker BOISIL GROUP LIMITED in person. According to publicly available information, its office address is TA - 25P1 SHOUHERIN LAKE RESIDENCE UNIT 29 AC KEC. TANJUNG PRIOK, KEL. SUNTER JAKARTA UTARA.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors, proceeded to the target area in Indonesia according to a well-planned schedule to conduct an on-site verification of the broker BOISIL GROUP LIMITED that claims to be located at this address.

The inspectors successfully arrived at the target location, which is situated in a relatively suburban area of Jakarta. The surrounding environment is relatively quiet, with a general commercial atmosphere. Upon arrival, it was discovered that the corresponding building is an apartment, not an office building. No company signage or related information was found on the exterior of the building.

The inspectors attempted to enter the building, but because it is an apartment, they were unable to enter for filming. They could not state their purpose to security or staff and obtain permission to enter.

Since they could not enter the building, they were also unable to reach the target floor, let alone discover the office area of BOISIL GROUP LIMITED. They could not photograph its reception area, and the question of whether it is a shared office space does not arise.

From outside the building, it was impossible to observe the company environment, etc. The overall situation does not match its claimed positioning.

Therefore, after the on-site inspection, it is confirmed that the broker BOISIL GROUP LIMITED does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker BOISIL GROUP LIMITED in Indonesia as planned. At its publicly displayed business address, they were unable to see information such as the company name of the broker, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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