Company Information

Get to know WaroengForex

Founded to serve the Indonesian trading community, WaroengForex operates primarily as an online portal and Introducing Broker. The company does not function as a direct brokerage but instead partners with numerous international forex brokers, acting as an intermediary to connect them with Indonesian clients. Its core services include providing forex-related news, market analysis, educational materials, and facilitating customer support. A key part of its business model is offering rebate programs, where clients who sign up with partner brokers through WaroengForex receive cash back on their trading volume.

Industry

Media Business NewsPRIMARY
Financial Other Service

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WaroengForex

Indonesia

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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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.