Purpose

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

Process

This time, the team went to Indonesia as planned for an on-site visit to the forex broker ArkPie. According to public information, its office address is Jln Cempaka Wangi No 22, Jakarta - Indonesia.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, followed a well-planned itinerary and traveled to the target area in Indonesia to conduct an on-site verification of the trader ArkPie claiming to be located at this address.

The team successfully arrived at the target address. The location is in a relatively less central area of Central Jakarta, surrounded by residential neighborhoods consisting of small single-story houses, with no office buildings. The surrounding environment is quite ordinary, lacking a strong commercial atmosphere. No company signage or related information was found in the vicinity.

Since the address is not an office building, there is no building lobby, and consequently, there is no target floor, making entry into the building impossible.

As there are no office buildings, it was impossible to find signage for ArkPie's office area, nor could photos be taken of its reception desk or logo. Furthermore, the address is not a shared office space.

Observing the surrounding environment, the team noted that there is no environment suitable for a forex trader's office. The overall environment does not match its claimed positioning.

Therefore, after the site inspection, it was confirmed that trader ArkPie does not exist at the aforementioned address.

Conclusion

The team visited Indonesia according to plan to conduct on-site inspections of forex brokers ArkPie. At the publicly displayed business address, the broker's company name and other information were not visible, indicating that the broker does not have a genuine physical business location. Investors should make their choices after comprehensive consideration.

Disclaimer

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