Reason for this visit

Many investors have recently called to expose more licensed Indonesian dealers with false regulatory addresses. In response to investors' requests, the survey team is going to Indonesia to visit the dealer OTM Trade. 

Office building 

According to the regulatory information, the dealer OTM Trade is licensed by the Indonesian regulator and located at LANDMARK PLUIT GEDUNG B2 LANTAI 3, JALAN PLUIT SELATAN RAYA kelurahan PLUIT kecamatan PENJARINGAN kota Jakarta Utara propinsi DKI JAKARTA. The survey team thus decided to have an on-site visit to this regulatory address for confirmation.

According to the regulatory information and map navigation, the survey team came to the building LANDMARK PLUIT in Jakarta, Indonesia, which is located in a busy area with convenient transportation.

The building is an administrative business one with a lobby on the first floor. Looking around, the whole building is clean and tidy. There is no sign of the dealer OTM Trade in the lobby.

On-site visit

The surveyors consulted the reception desk on the first floor, and the receptionist told that the company did have an office here. The surveyors went to the floor where the dealer OTM Trade was located. They found the company but stopped by the staff for further visit. It was learned that the outsiders were prohibited to enter the office due to the COVID-19. Thus, the office scale and operating condition of it remained unknown. 

Conclusion

The survey team confirmed the existence of the dealer OTM Trade. Since the surveyors were not allowed inside or taking photos, they could not confirm the office scale and operating condition. In addition, there was no sign of OTM Trade in the building or around the company. Please be prudent when trading with this broker.

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.