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Yes, HFX is regulated by BAPPEBTI, Indonesia’s Commodity Futures Trading Regulatory Agency, which ensures that HFX follows the local laws of Indonesia. This regulation offers some peace of mind for traders, especially those based in Indonesia, knowing that the broker is legally compliant within the country. However, as an international trader, I tend to be more cautious when using brokers that are only regulated in one jurisdiction. Personally, I always prefer HFX trading brokers that are regulated by global authorities like the FCA or ASIC, as these bodies offer a higher level of protection. For smaller traders or those based in Indonesia, HFX can be a good option, particularly given the low minimum deposit requirement, which makes it accessible to new traders who may not want to risk large amounts of capital. But, for larger investments or traders seeking international protection, I feel more comfortable with brokers that have regulation from globally recognized authorities. While BAPPEBTI regulation is legitimate within Indonesia, I would proceed with more caution if I were trading with larger sums.