Global Broker Regulation Inquiry App
WikiFX
S jonas 
1-2 years
Is Straits Futures Indonesia regulated?
Broker Issues
Regulation
07-13
United States
WikiFX
Reply
Yes, Straits Futures Indonesia (SFI) is regulated by BAPPEBTI, the Commodity Futures Trading Regulatory Agency in Indonesia. SFI operates under a Retail Forex License, with license number 43/BAPPEBTI/09/2015. This regulation ensures that the broker adheres to Indonesia's financial laws, protecting traders’ interests and promoting transparency. If you're considering trading with SFI, it's important to note that the firm’s regulatory oversight is focused within Indonesia, which provides a level of safety for local investors but may not offer the same level of international recognition as regulations from bodies like the FCA or CySEC. This is crucial to understand when assessing the legitimacy of SFI markets.
Similar Questions
What are the pros of VS Capital?
Karoline Hardy
07-24
What are the pros and cons of Fortrade?
MarceloD
06-08
Is Fibovest safe and legit?
Xxpro
07-13
What are the primary advantages and disadvantages of trading through Pictet?
Tricia54
08-01
What are the pros of trading with SAMSUNG FUTURES?
marcustan
08-25