ANALISIS PERLINDUNGAN HUKUM TERHADAP INVESTOR DAN BROKER FOREX (FOREIGN EXCHANGE) DALAM PRAKTIK TRADING FOREX ONLINE DI INDONESIA

This study aims to examine the legal aspects and protections provided to investors and forex brokers in the practice of online forex trading in Indonesia. The primary legal framework governing forex trading in Indonesia is Law No. 10 of 2011, which amends Law No. 32 of 1997 on Commodity Futures Trading. Although this law does not explicitly mention forex, forex trading falls under the category of derivative contracts as it involves transactions based on the fluctuation of currency exchange rates. This research employs normative legal methods to analyze the relevant regulations. The findings indicate that the Indonesian legal framework offers comprehensive protection to investors and brokers engaged in forex trading. Key protections include strict supervision by the Commodity Futures Trading Regulatory Agency (Bappebti), requirements for the segregation of client funds, prohibitions against market manipulation, and stringent licensing requirements. Additionally, the law provides structured procedures for dispute resolution to ensure fairness and efficiency in resolving conflicts. Both administrative and criminal sanctions are imposed to ensure compliance and integrity in the forex trading market. The existence of Bappebti’s regulations, such as the Electronic Customer Acceptance Regulation in Commodity Futures Trading, further enhances the safety and reliability of online forex trading. Overall, Indonesia's regulatory framework establishes a secure and transparent environment for online forex trading, safeguarding the interests of all parties involved. This ensures that both investors and brokers can engage in trading activities with greater confidence, knowing that robust legal protections are in place.

Authors

Publication Details

Journal
Petitum Law Journal
Published
2024-10-01
DOI
https://doi.org/10.35508/pelana.v2i2.18327
Primary Topic
Legal Studies and Policies
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

ANALISIS PERLINDUNGAN HUKUM TERHADAP INVESTOR DAN BROKER FOREX (FOREIGN EXCHANGE) DALAM PRAKTIK TRADING FOREX ONLINE DI INDONESIA

Yossie M Y Jacob, Orpa J. Nubatonis, Sergius Utusan Kudus
Petitum Law Journal
Legal Studies and Policies
article

ANALISIS PERLINDUNGAN HUKUM TERHADAP INVESTOR DAN BROKER FOREX (FOREIGN EXCHANGE) DALAM PRAKTIK TRADING FOREX ONLINE DI INDONESIA

Yossie M Y Jacob, Orpa J. Nubatonis, Sergius Utusan Kudus
article en

Abstract

This study aims to examine the legal aspects and protections provided to investors and forex brokers in the practice of online forex trading in Indonesia. The primary legal framework governing forex trading in Indonesia is Law No. 10 of 2011, which amends Law No. 32 of 1997 on Commodity Futures Trading. Although this law does not explicitly mention forex, forex trading falls under the category of derivative contracts as it involves transactions based on the fluctuation of currency exchange rates. This research employs normative legal methods to analyze the relevant regulations. The findings indicate that the Indonesian legal framework offers comprehensive protection to investors and brokers engaged in forex trading. Key protections include strict supervision by the Commodity Futures Trading Regulatory Agency (Bappebti), requirements for the segregation of client funds, prohibitions against market manipulation, and stringent licensing requirements. Additionally, the law provides structured procedures for dispute resolution to ensure fairness and efficiency in resolving conflicts. Both administrative and criminal sanctions are imposed to ensure compliance and integrity in the forex trading market. The existence of Bappebti’s regulations, such as the Electronic Customer Acceptance Regulation in Commodity Futures Trading, further enhances the safety and reliability of online forex trading. Overall, Indonesia's regulatory framework establishes a secure and transparent environment for online forex trading, safeguarding the interests of all parties involved. This ensures that both investors and brokers can engage in trading activities with greater confidence, knowing that robust legal protections are in place.

Petitum Law JournalVol. 2(2)
Openalex Percentile: Top 44%
Legal Studies and Policies
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.