Jalatama

No. Jalatama presents a significant risk to investors as its regulatory profile is critically flawed. Its primary listed forex trading license with the Indonesian regulator BAPPEBTI is flagged as a 'Clone Firm', indicating it improperly uses the identity of a legitimate, authorized entity. Furthermore, a separate derivatives license with the ICDX exchange is recorded as 'Revoked'. This combination means the broker currently holds no valid, authoritative trading licenses from mainstream financial regulators. Operating without credible oversight, it does not offer the fund segregation or investor dispute resolution protections expected of a regulated brokerage. The entity's overall WikiFX Score of 1.84/10 reflects its severe lack of regulatory legitimacy.

Jalatama lists licenses with numbers such as '12/BAPPEBTI/SI/02/2013', '109/BAPPEBTI/SI/IV/2001', and '074/SPKB/ICDX/Dir/III/2012'. However, critical analysis reveals that the license ending in 2013 is flagged as a 'Clone Firm', and the ICDX license ending in 2012 is listed as 'Revoked'. Therefore, despite having license numbers on record, the entity does not currently hold any valid, active licenses from authoritative regulatory bodies that grant legal permission to offer forex trading services.

The broker's full legal name is Jalatama Artha Berjangka. According to its registration information, it operates in Indonesia and has been in business for 5-10 years. The company offers trading accounts, including a 'Regular' account with a notably low minimum deposit of $0.1 and leverage of up to 1:100.

Jalatama advertises a remarkably low entry threshold for its 'Regular' account, requiring a minimum deposit of just $0.1. A 'Platinum' account is also listed with a $1 minimum deposit. Both account types offer leverage up to 1:100 and support features like scalping and automated trading via Expert Advisors (EAs).

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.