“There are actually many platforms for binary options trading, there are Iq Option, Olymptrade and there are binary.com. But if you choose Binomo, why, also because it is trustworthy and Binomo is already legal in Indonesia,” Kenz said on Friday (18.2.). “In September 2019, I explained once in my Youtube video that Binomo is legal in Indonesia, this information is false and false,” he admitted. In the list of Bappebti there are four domains of the Binomo site, namely binomo-investment.com/; binomolink.com/; Binomo binomoclub.com/; and loginbinomo.biz/. “To my knowledge, not all binary options platforms operating in Indonesia are official. Maybe they are registered in Belize, Cyprus and so on, but that does not prove that they are official and legal. All of this is very dangerous,” Lamon told detikcom. Binomo`s ban began in October 2019. At that time, two Binomo sites were blocked, namely binomo.com and binomo.net. No doubt, on November 23, 2019, Binomo is back with a domain binomo.org, which will be blocked again at the end.
Indra Kenz, who claimed to be Crazy Rich Medan, was fired because she was a subsidiary of Binomo. Is binomo really legal in Indonesia? What are the permissions of binary options apps and websites? One of the agencies that cooperates for deposits is Doku Wallet, yes, Doku Wallet itself is already OJK. So it`s the safest and safest, yes. He is also already four years old. In fact, Binomo existed in 2014, but officially in Indonesia in 2015 and that was four years ago. Therefore, all binary options brokers operating in Indonesia are illegal. Binomo has been confirmed as illegal because it does not have a license as a Commodity Futures Broker (PBK) from the Ministry of Commerce`s Commodity Futures Trade Monitoring Agency (Bappebti). Even since the end of 2019, Binomo has continued to be targeted by Bappebti, but the site has continued to resurface. On the other hand, the reported case of alleged binary options investment fraud, Crazy Rich Medan Indra Kesuma aka Indra Kenz, finally admitted that the Binomo investment app was illegal. “By offering benefits through the Binomo app for binary options trading that Binomo is legal and official in Indonesia, the evidence will be reported on Youtube,” Whisnu told reporters on Thursday (2/10/2022). Forward brokerage firms that have obtained Bappebti licenses have also proven capable of conducting business legally and ensuring investor protection.
Different conditions occur in binary options mechanisms such as Binomo, which do not have the authorization of the competent authorities. But this platform promises quite high returns and tends to be inappropriate. Nevertheless, the digital balance sheet is still lagging behind. Indra`s content, which Binomo calls legal, was apparently reposted by a number of other YouTube accounts, including the consumer media account of the YouTube video news channel. In early 2020, Lamon Rutten, Chief Executive Officer (CEO) of the Indonesia Commodity & Derivatives Exchange (ICDX), said there is only one binary options broker in the world that is legal and official – NADEX, based in the United States (USA). Based on the results of the investigation into the victims of the Binomo app, the Directorate of Special Economic Crimes (Dittipideksus) told police that the reported Binomo case, which encourages use under the guise of binary options trading, is already legal in Indonesia. Recently, in 2019, Indra Kenz corrected a statement about Binomo, which is called law enforcement in Indonesia. Merdeka.com tried to search for Indra`s content, which Binomo called legal, but it appears to have been removed from his YouTube account. “In early 2020, I also clarified and issued a new statement stating that binary options platforms are illegal,” Indra wrote. The police officer, Brigadier General Whisnu Hermawan, said one of the individuals reported with the initials IK (Indra Kenz) announced it on his social media accounts. “My initial goal in creating this content was simply to share my experiences personally,” he said.
Ramadan said the subpoena was made against Indra to be asked for information as a reported party. According to the investigator, information was gathered from several witnesses and experts. In short, Indra continued, the channel has finally grown so far to reach 1 million subscribers with educational content, crypto, stocks and binary options. Binomo continues to change domains, although Bappebti continues to block new binomo websites. There are 27 domains created by Binomo since 2019. Indra explained that the initial purpose of downloading and creating binary options-related content was only to share experiences. “We are waiting for the investigators` developments. Investigators are waiting for HK`s brother to be present tomorrow Friday,” Ramadan said. [rhm] He recalled that investors should also be careful when eliminating parties that mediate in trade. Ideally, forex investing should be facilitated by an intermediary that seeks permission from the Commodity Futures Trading Supervisory Agency (Bappebti). Specifically, when short selling a currency pair, investors expect the price of Forex to depreciate. Therefore, short selling is a way to take advantage of falling prices in the market.
With the introduction of the Euro-nomics website, Binomo is one of the most popular international brokers. The site states that Indonesia is one of the active countries for Binomo, including India, China, Asia and Brazil. “When it comes to prospects, Forex is always good. If it goes up, you can make a profit, if you fall, you can use the short selling mechanism,” Edbert explained in a show in Jakarta on Tuesday (7/6/2022). Also Read: Indra Kenz Goes Abroad, Binomo`s Victim Fears Running Away and Losing Evidence He said IK and his friends continue to show off their winnings while using the app. Foreign exchange (Forex) is one of the assets that many investors consider to continue to be used as a country for fund development. In addition, there have recently been online trading platforms for Forex assets, one of which is Binomo. The objective must obtain authorisation so that the trade is closely monitored and can be held responsible in the event of a problem and ensure consumer protection. Indra Kenz, who was once called the legal app Binomo, admits to being wrong and clarified in 2020: “Okay, now I want to explain a little bit why I chose Binomo as my binary options platform because I think Binomo is the best among others. The website writes, Binomo gives its users the opportunity to bet on the market when it goes down or goes up with effective binary options. Mainly to make the highest profit in a short time.
People can also diversify more than 200 assets to invest in. “The closure in August 2021 is the largest in 2021.
