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PediaFX – Being an experienced trader does not guarantee that you will never be fooled by fake forex brokers. It could be, you trust the forex broker because of a friend. Then, without thinking much, you traded there and experienced several irregularities, up to the point where you couldn’t withdraw funds.

Table of Contents
List of fraudulent forex brokers in Indonesia
1. PT Arta Mas Futures was formerly known as PT Bimasakti Berjangka
2. PT Arta Berjangka Nusantara
3. PT Axo Capital Futures
4. PT Buana Investment Global Futures
5. PT Cayman Trust Futures
6. PT Danagraha Futures
7. PT Graha Finesa Berjangka
Scam Forex Brokers Located Outside Indonesia
1. Sunton Capital
2. Mark AI
3. HTFox
Domain of illegal forex broker sites that are excited in Indonesia
1. Binomo
2. Masterforex aka MFX
How not to become a victim of forex broker scams?
1. Always check regulations
2. Don’t fall for big profits
3. Check the address of the forex broker’s office
4. Find out the reputation of the forex broker
5. Pay attention to the website domain address
6. View the services provided

New Brokers
Emarket-24
Unregulated
Emarket-24
The company is still very new
Emarket-24: Cyprus 1 years Not MT4 /MT5
24 Exchange
Unregulated
24 Exchange: Bermuda 6 years Not MT4 /MT5
MBC
Unregulated
MBC
MBC: Argentina 12 years Not MT4 /MT5
MBC Group
Unregulated
MBC Group: Nigeria 26 years Not MT4 /MT5
Larbor
Unregulated
Larbor
The company is still very new
Larbor: United Kingdom 2 years Not MT4 /MT5
OPEN FUTURES
Unregulated
OPEN FUTURES: India 23 years Not MT4 /MT5