Is it safe for my money?

Questions are usually often ejected when you want to make investments or trading. This question is a fairly common question because the security of your money is important in investment and trading. If we talk about deposits in one of the banks in Indonesia, sure you pay attention to the security of your money.
Why is it safe? Because the banks in Indonesia are supervised by the Deposit Insurance Corporation (LPS). But if you will be trading in the world of futures trading, actually what things need to be considered in choosing a broker? Here are the authors of tips for choosing a trusted broker.

1.Make sure the credibility of the brokerage firm you choose

Choosing a broker for where you save money to trade can be an important thing. The good name of the company can be one way to choose a trusted broker. But the most important thing is to make sure the brokerage company is a legal company that already has permission from Bappebti (Commodity Futures Trading Supervisory Agency), member of Futures Exchange (BBJ) and Indonesian Derivatives Clearing member (KBI).

2.Make sure the broker company account

Before you enter your money into the brokerage you choose, make sure the brokerage company account is listed as a separate account or so-called segregated account. Segregated accounts are a separate account used by brokerage companies to keep their clients' money separate from company money. This is done to create a clear separation between customer money and company money so as not to be used for the wrong purpose, and also to ensure that customers' money can be easily identified as the property of the customer in case of a problem in the company such as bankruptcy. You just check the brokerage company's account, is listed on the official website of Jakarta Futures Exchange on bbj-jfx.com. If the account is not listed, remove your plan to select the broker. For more extreme, you can report the company to Bappebti by showing supporting evidence.

3.Use the transfer facility

The broker's representative is the person who connects you with the broker/broker. For your convenience to be able to immediately transact, of course, you need the services of a broker representative as a representative of the brokerage firm. To avoid the things that are not desirable, if you want to enter your money into the brokerage company, do it by transfer method from the bank where to save your money directly to a separate account (segregated account) the brokerage company. Never give money to anyone from the company in order to deposit money.

So many tips to choose a trusted broker for the security of your money. Maybe useful.