Purpose

The Indonesia forex market is an emerging forex 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 forex trading in Indonesia has become increasingly prominent. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to Indonesia for an on-site visit.

Process

The on-site inspection team visited the forex broker PT.CCAM in Indonesia as planned. According to public information, its office address is GedunG Graha AnTero LanTai 2, Jl. ToManG Raya Kav. 27, JakarTa 11440.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, traveled to Indonesia according to a well-planned schedule. Based on the aforementioned information, they conducted an on-site visit to the broker PT.CCAM.

The inspectors proceeded to the target area based on the address information to conduct a physical verification of the broker PT.CCAM, which claimed to be located at GedunG Graha AnTero LanTai 2, Jl. ToManG Raya Kav. 27, JakarTa 11440.

The inspectors arrived at the target building, located at Jl. ToManG Raya Kav. 27, JakarTa 11440. The surrounding environmental conditions were not clearly evident, and the commercial atmosphere was difficult to assess. No company signage or related information was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security guard. After communication, they obtained permission to enter.

Upon reaching the target floor, the 2nd floor, the inspectors found no signage indicating the office area of PT.CCAM. The 2nd floor was occupied by an OCBC bank, with no other companies present. Since there was no office area for the company PT.CCAM, the inspectors could not enter the interior, nor could they photograph the reception desk of PT.CCAM. Furthermore, this office was not a shared workspace.

Observing the floor environment, the inspectors noted no signs of the company PT.CCAM. The overall situation did not align with its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that the broker PT.CCAM does not exist at the aforementioned address.

Conclusion

The inspection team went to Indonesia as planned to conduct an on-site visit of the forex broker PT.CCAM. At its publicly displayed business address, the company name and other information of the broker could not be seen, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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