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Abstract:As the most populous Southeastern Asian country, Indonesia has seen a thrive of its financial industry in recent years. But despite the massive scale of its economy, the country still has a long way to go in terms of financial regulation credibility. Upon investors’ requests, WikiFX team has been visiting forex brokers based in Indonesia. After checking out on Soegee Futures last time, we’re visiting Royal Trust on this trip.
Broker: Royal Trust
Visited on: December 2nd ,2019
Conclusion: the broker truly exists
Before the visit
As the most populous Southeastern Asian country, Indonesia has seen a thrive of its financial industry in recent years. But despite the massive scale of its economy, the country still has a long way to go in terms of financial regulation credibility. Upon investors’ requests, WikiFX team has been visiting forex brokers based in Indonesia. After checking out on Soegee Futures last time, we’re visiting Royal Trust on this trip.
On-the-spot investigation
According to regulatory information, Royal Trust is located at Sahid Sudirman Center Lt.21 Unit D, Jl. Jend Sudirman No.86 KARET TENGSIN TANAH ABANG JAKARTA PUSAT DKI JAKARTA 10220.
Located in Jalan Jenderal Sudirman in the middle of Jakarta, Sahid Sudirman Center is a high-rise business complex and one of the highest among the skyscrapers in Jakarta. We drove to the location and followed the directory sign in Sahid Sudirman Center to level 21 of the building. Floor directory showed we have reached our destination. The office had around 20 cubicles inside, and we briefly communicated with the company’s staff members. Through the visit, we confirm that Royal Trust’s branch in Indonesia truly exists.
About Royal Trust
According to its official site, Royal Trust holds BAPPEBTI license and memberships of Jakarta Futures Exchange(BBJ) and Indonesian Derivatives Clearing House(KBI). The company’s strengths include a reasonable 1:200 leverage and a segregated management account which ensures the safety of investors’ assets.
Conclusion
WikiFX App shows Royal Trust is currently under valid regulation with a retail forex license from BAPPEBTI. With a WikiFX rating of 5.99, this is a fairly reliable broker that investors may consider choosing.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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