WikiFX Visited Forex Broker GKInvest in Indonesia

Broker: GKInvest (Indonesia)

Visited on:October 11th, 2019

Conclusion: the broker truly exists

On-the-spot investigation

According to regulatory information, GKInvest’s office is located at Multivision Tower Lantai 20, Jl. Kuningan Mulia Lot 9B, Kuningan Persada Complex, Jakarta Selatan, and WikiFX recently visited the broker at the location.

Following the map’s direction, we drove to Multivision Tower which is situated in a nice environment, surrounded with trees. At the other side of the building, we also noticed the logos of many companies, suggesting that many renowned companies have their offices inside the building, but we didn’t found GKInvest. Next we entered the building and reached level 20 by elevator. There, we saw GKInvest’s office immediately. The office looked neat and spacious with over 50 cubics, and WikiFX team also noticed that the broker took up the whole level. We thus confirm GKInvest’s office in Indonesia really exists.

Analysis

Among Southeast Asia countries, Singapore and Malaysia attract most global attention. Yet Indonesia is catching up as well, its local forex market developing rapidly with the constant improvement of the country’s regulatory system. In addition to visiting brokers in this country, WikiFX has also decided to launch the next year’s first expo in Indonesia, Jakarta.

According to the broker’s website, GKInvest (trademark held by Global Kapital Investama Berjangka) is a futures brokerage firm based in Jakarta. Regulated by BAPEBBTI, the broker is also official member of JFX (Jakarta Futures Exchange) and ICDX (Indonesia Commodities and Derivatives Exchange). The company enables customers to trade forex, CFD, commodities and indices, and received the title of Indonesia’s best broker in 2018. Per checking regulatory information, GKInvest holds BAPETTI’s forex brokerage license and is qualified for conducting forex business.

Conclusion

Information from WikiFX App shows that GKInvest is currently in valid regulation, holding BAPPEBTI’s license for retail forex brokerage. The broker’s WikiFX rating is 6.27, a fairly acceptable score among brokers on Indonesia’s forex market with a regulation that remains to be improved. Nonetheless, investors need to pay close attention to asset safety during your investment.