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mifx

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ANSWER Dear Investor, MIFX claims to operate under multiple layers of regulation in Indonesia. It states that its forex activities are licensed by the Commodity Futures Trading Regulatory Agency (BAPPEBTI), while its futures operations are overseen by the Jakarta Futures Exchange (JFX). Additionally, MIFX asserts that it operates under the supervision of The Central Bank of Indonesia. Our investigation confirms that MIFX is indeed registered with these authorities, and the official regulatory records include the website domain currently used by MIFX. This indicates that MIFX holds valid licenses under Indonesian law and is subject to local regulatory oversight. However, despite this local authorization, we strongly advise you to remain vigilant. Regulatory frameworks can vary significantly in scope and enforcement strength, and trading carries inherent risks. Should you encounter any issues or irregularities, please contact MIFX’s support team immediately, and if necessary, report the matter directly to the relevant Indonesian authorities.

ANSWER Dear Investor,Thank you for reaching out.The company behind MIFX is PT Monex Investindo Futures, which is licensed and regulated by Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti) under license number 178/BAPPEBTI/SI/I/2003. Compared to unregulated brokers, supervision from Bappebti provides protections for investors and ensures transparency and compliance, lending credibility to MIFX.However, it is important to note that regulatory oversight cannot completely eliminate the risk of misconduct by the broker. Before committing real money, we recommend conducting thorough research on MIFX, such as reading customer reviews. It is also advisable to try their DEMO account to see if it suits your needs.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.