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Indonesia Deals Tough Blow To Established FX Firms – Blocks Broker & Information Sites

From forexmagnates.com

Indonesia has recently begun to publicly demonstrate objections toward FX firms, both domestic and foreign which operate within its jurisdiction. The nation’s governmental information site, TRUST+, have embarked on a program of listing almost every FX firm as having complaints lodged against it. In addition, a number of main sites and representative offices of very well-known Western brokers and signal service providers are listed as being blocked in Indonesia. This move comes after Indonesia has become an attractive destination for some retail participants in the forex industry. Whilst the Western world’s financial ... (full story)

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