ANSWER Dear Investor,
First State Futures claims to be regulated in Indonesia by the Commodity Futures Trading Regulatory Agency (BAPPEBTI). Our verification confirms that its legal entity is indeed licensed by BAPPEBTI, and the registered domains, https://www.firststate-futures.com/ and https://www.fsf.co.id/ , match the official information on file with the regulator.
While its regulatory status can be verified, it is still important to exercise caution when selecting a forex broker. Regulation alone does not eliminate trading risks or guarantee business integrity. We strongly recommend conducting thorough due diligence before opening an account or depositing funds.
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