Jalatama Artha Berjangka has garnered attention for its questionable practices and misleading regulatory claims. While it boasts memberships with various Indonesian authorities, most of which don’t oversee forex services. This article explores its legitimacy, highlighting potential scam activities and providing crucial insights for investors to protect their funds from unreliable brokers.
Claiming to be founded on June 20, 2000, Jalatama Artha Berjangka says it provides comprehensive trading solutions with a focus on reliability, trust, and transparency. Allegedly operating globally, the broker claims to offer 24-hour access to financial markets through MetaTrader 5, supporting Forex, Gold, Silver, and CFDs. The company asserts that it ensures a seamless trading experience with quick account opening, fast deposits, same-day withdrawals, and robust customer support via live chat and email, with a clearing agency overseeing the secure storage of funds in separate accounts. Despite these claims, caution is advised due to regulatory concerns.
Although Jalatama Artha Berjangka claims membership in the BAPPEBTI, ICH, JFX, KBI, and ICDX, only the BAPPEBTI regulates forex services. Therefore, it lacks regulation by top-tier authorities, potentially making investors' funds unsafe and unprotected by law.
Although Jalatama Artha Berjangka is authorized by BAPPEBTI, the regulatory oversight in Indonesia might not be as stringent as that of top-tier international bodies. This could result in reduced protection for investors.
Client feedback on Jalatama Artha Berjangka is predominantly negative. Some clients accuse it of being an illegal clone with a non-existent registered address, while others report significant delays in fund transfers, contradicting the company's promises. Two reviews highlighted concerns about trustworthiness and service reliability.
To keep your money safe from scam providers, you need to be alert and make intelligent choices:
By taking these steps, you can protect your money and reduce the chance of falling for scams.
Investors need to be cautious when engaging with Jalatama Artha Berjangka. The broker's assertion that multiple authorities regulate it may be misleading, as these entities do not have jurisdiction over forex services. Thoroughly verifying the broker's regulatory status and reputation is of utmost importance.