Purpose

The Indonesian forex market is an emerging foreign exchange market that has developed in recent years. With the continuous development of Indonesia's economy, the demand for foreign exchange trading is also increasing. To help investors or practitioners gain a more comprehensive understanding of forex brokers in Indonesia, the on-site inspection team traveled to Indonesia for field visits.

Process

The on-site inspection team visited the forex broker KAYYA in Indonesia as planned. According to public information, its office address is Gold Coast Office, Eiffel Tower, Level 1 Unit C Jl. Pantai Indah Kapuk, Kamal Muara, Kec. Penjaringan, Kota Jkt Utara, DKI 14470.

A professional and experienced site inspection team, driven by a sense of mission to rigorously vet for investors, traveled to the target area in Indonesia according to a meticulous plan to conduct an on-site verification of the broker KAYYA claimed to be located at this address.

The site inspection personnel successfully arrived at the target building. The location is in Indonesia, in a very remote area, but the area itself is very luxurious, a very high-end office building. The surrounding environment is relatively quiet, and the commercial atmosphere is average. No company logo or related information was found on the exterior of the building.

The site inspection personnel entered the building lobby and explained their purpose to the security guard. After communication, they obtained permission to enter.

On the target floor, floor 1, the site inspection personnel did not find any signage for the KAYYA office area and could not locate the specific area C office on floor 1. Therefore, it was impossible to confirm whether the company actually exists, and they were unable to enter the interior or photograph the reception desk. Moreover, that office was not a shared office.

Through the lobby area, as they could not enter the interior, they were unable to observe the company's internal environment and other conditions.

Therefore, after the site inspection, it was confirmed that the broker KAYYA does not exist at the above address.

Conclusion

As planned, the on-site inspection personnel visited the forex broker KAYYA in Indonesia. At the publicly displayed business address, they were unable to see any information such as the broker's company name, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and viewpoints are for reference only and should not be used as the final basis for selection.