Purpose

The Indonesian forex market is an emerging foreign exchange market that has developed in recent years. With the continuous development of the local economy and the gradual opening of the financial market, the importance of foreign exchange trading in the country has become increasingly prominent. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted on-site visits in Indonesia.

Process

This time, the team went to Indonesia as planned to conduct an on-site visit to the forex broker BOISIL GROUP. According to public information, its office address is TA-25P1 SHOUHERIN LAKE RESIDENCE UNIT 29 AC KEC. TANJUNG PRIOK, KEL. SUNTER JAKARTA UTARA.

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

The team successfully arrived at the target location, which is situated in a relatively suburban area of Jakarta. Upon arrival, it was found that the corresponding building was an apartment, not an office building. The surrounding environment is relatively quiet, with a moderate commercial atmosphere. No company signage or related information was found on the exterior of the building.

Since access to the building was not possible, reaching the target floor was also impossible, making it impossible to discover whether the office area of BOISIL GROUP had clear signage or security measures. Due to the inability to enter, it was not possible to photograph the reception desk and its logo, nor could the situation of whether it is a shared office space be determined.
Looking from outside the building, it's impossible to observe the company's internal environment, decor style, employee activities, etc. The overall situation does not match its claimed positioning.

Therefore, after physical verification, it was confirmed that broker BOISIL GROUP does not exist at the above address.

Conclusion

The team visited forex brokers BOISIL GROUP in Indonesia according to the plan, but could not see the company name or other information of the broker at its publicly displayed business address, indicating that the broker does not have a genuine business premises. Investors should make their choice after comprehensive consideration. Indonesia Indonesia

Disclaimer

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