Jump to content
Find Professionals    Deals    Get Quotations   Portfolios
Sign in to follow this  
Anzo Lim

 WikiFX Visited Another Indonesian Broker Megagrowth

Recommended Posts


Broker: Megagrowth (Indonesia)

Visited on: December 5th, 2019

Conclusion: the broker truly exists


Before the visit

As an emerging power on the global financial market, Indonesian brokers are gaining greater visibility on the international stage in recent years and have attracted growing attentions from investors. Indonesia, the most populous of Southeastern countries, has been home to hundreds of forex brokers so far. Today, WikiFX is visiting the broker Megagrowth.


On-the-spot investigation

According to regulatory information, the forex broker Megagrowths licensed branch in Indonesia is located at Gedung Menara Kuningan Lt. 28 Jl. H. R. Rasuna Said Blok X 7 Kav. 5Setiabudi, Jakarta Selatan 12940.


We drove to Gedung Menara Kuningan, a building with a striking logo outside. We entered and took the elevator to level 28. Floor directory showed that about 5 brokers have offices set up here, including Megagrowth that we planned to visit, and we followed the direction to its office. The company has a bright and spacious reception with a notable logo. We looked at the office and counted about 25 cubicles. Through this visit, we confirm the licensed branch of  Megagrowth really exists.


About Megagrowth

Megagrowth is a compliant broker specialized in businesses involving forex, crude oil and stock indices. Holding a license on futures brokerage issued by BAPPEBTI, Megagrowth is also a regulated member of multiple Indonesian financial authorities including ICDX, JFX and KBI.



In fact, while many Indonesian brokers hold forex brokerage license issued by the local regulation authority BAPPEBTI, the strength and credibility of BAPPEBTIs supervision remains unsatisfactory, which partly accounts for investors lack of confidence in Indonesian brokers. In short, the local regulation authorities still have a long way to go to improve reputation of Indonesian forex market.


WikiFX App shows that Megagrowth is currently in valid regulation, and its 6.00 rating suggests acceptable reliability. To find out more about the broker, investors may check WikiFX App or visit our official website.

Edited by Anzo Lim

Share this post

Link to post
Share on other sites

Join 46,923 satisfied homeowners who used renotalk quotation service to find interior designers. Get an estimated quotation

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • advertisement_alt
  • advertisement_alt
  • advertisement_alt
Aura Sink download renotalk renovation guide