JAKARTA. Entering 2013, the Commodity Futures Trading Supervisory Board (Bappebti) will focus crackdown on problematic brokers who allegedly harmed investors.

Head of Legal Bappebti, Alfons Samosir, said the current Bappebti has bagged a list of 10 active foreign brokerage illegal alias is not listed as an official broker in Bappebti and in Jakarta Futures Exchange (BBJ). Illegal brokerage firms are based outside the country and on average have a branch office in Indonesia. Ten Master Forex broker is Indonesia, Indonesia Instaforex, FX Open, Alpari, NordFX, EXNESS, Islamic Forex, Robo Forex, FX Optimal and Forex4you.

Alfons admitted today Bappebti still struggling to crack down on illegal brokers. The police also difficult tracking them, although some brokers have a branch office in Indonesia. "Usually they disguise trading activities with educational activities and others in his office," said Alfons to KONTAN this week.

Bappebti head Syahrul R. Sempurnajaya, said total local customers are captured by these illegal brokers reach 400,000 customers. The average customer who netted it attracted as tempted by trading small lots under 1 lot.

However Alfons says, until now no customers who report being duped by illegal brokers. Even so, Bappebti not remain silent.

Currently, Bappebti is coordinating with the Ministry of Communications and Information Technology (Ministry of Communication) to block illegal websites broker or a local broker license was revoked. "We hope that in early February this step can already be done," said Alfons.

Well, to lead a keen interest in retail clients to trade with small lot size, Bappebti has issued rules for customers to be able to trade with a minimum 0.1 lot on the local bourse. The rule stated in Decree / Decision of the Bappebti Number: 99/Bappebti/Per/11/2012.

Step as well as a way to divert 400,000 customers who have successfully curbed illegal brokers, to move trading in the local bourse legally.

Currently, there are only nine brokers who are ready with the online system this small lot. They are Askap Futures, Futures Danpac, Inter Pan Pacific Futures, Jalatama Artha Futures, Milennium Stylists Futures, Futures Monex Investindo, Solid Gold Futures, Futures and Topgrowth Valbury Asia Futures.

Local broker

In addition to cracking down on illegal foreign brokers, Bappepti also will act decisively on the local brokers who do not comply.

Earlier this month, Bappebti has frozen and operating license revoked three local brokers. The three brokers are PT Artha Gading Futures, PT Jireh Trillions Futures and Futures Quantum PT.

However, Alfon can not be sure where the brokers are still frozen and that have been revoked license. "If it had been frozen edges will also be revoked," said Alfons.

Freezing and local brokerage license revocation is related to the company's internal problems, such as limited capital. They report to the BBJ and asked not operate while. Because, if they are still operating, the local broker could be fined Rp 100,000 per day by Bappebti.

(source: Kontan)