WikiFX

Sagot

While HFX’s regulation by BAPPEBTI offers a legal framework for trading in Indonesia, the major drawback is that it lacks the global reach and protection provided by regulators like the FCA or ASIC. As a trader, I prefer HFX trading brokers that are regulated by international authorities, as they provide investor compensation schemes, stricter compliance checks, and generally more robust protections. For me, trading with HFX brokers with low minimum deposit requirements is an attractive option because it gives me an easy entry point into the market. However, the limited regulation from a regional body means that my funds might not be as protected on a global scale as they would be with top-tier regulators. If I were looking to trade large sums or wanted the security of stronger global oversight, I would likely seek out brokers with stronger international regulation.