Company Information

Get to know SUKABUMI INSTAFOREX

SUKABUMI INSTAFOREX, operating under the name SukabumiFX, serves as a local partner and introducing broker for InstaForex clients, primarily in Indonesia. The company's main business is to facilitate easier access to InstaForex's trading services by providing localized support, including processing deposits and withdrawals through local Indonesian banks. As an IB, their mission is to bridge the gap between the international brokerage and local traders by simplifying account management and financial transactions in the local currency (IDR).

Industry

Forex Retail BrokerPRIMARY
Financial Other Service
Financial Wealth Management

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SUKABUMI INSTAFOREX

N/A

Founded in

03 Jan 1983 (43 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.