Jalatama

No. Jalatama presents a significant risk to investors as its regulatory profile is critically flawed. Its primary listed forex trading license with the Indonesian regulator BAPPEBTI is flagged as a 'Clone Firm', indicating it improperly uses the identity of a legitimate, authorized entity. Furthermore, a separate derivatives license with the ICDX exchange is recorded as 'Revoked'. This combination means the broker currently holds no valid, authoritative trading licenses from mainstream financial regulators. Operating without credible oversight, it does not offer the fund segregation or investor dispute resolution protections expected of a regulated brokerage. The entity's overall WikiFX Score of 1.84/10 reflects its severe lack of regulatory legitimacy.

Jalatama lists licenses with numbers such as '12/BAPPEBTI/SI/02/2013', '109/BAPPEBTI/SI/IV/2001', and '074/SPKB/ICDX/Dir/III/2012'. However, critical analysis reveals that the license ending in 2013 is flagged as a 'Clone Firm', and the ICDX license ending in 2012 is listed as 'Revoked'. Therefore, despite having license numbers on record, the entity does not currently hold any valid, active licenses from authoritative regulatory bodies that grant legal permission to offer forex trading services.

The broker's full legal name is Jalatama Artha Berjangka. According to its registration information, it operates in Indonesia and has been in business for 5-10 years. The company offers trading accounts, including a 'Regular' account with a notably low minimum deposit of $0.1 and leverage of up to 1:100.

Jalatama advertises a remarkably low entry threshold for its 'Regular' account, requiring a minimum deposit of just $0.1. A 'Platinum' account is also listed with a $1 minimum deposit. Both account types offer leverage up to 1:100 and support features like scalping and automated trading via Expert Advisors (EAs).

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.