Why Does Gotrade Indonesia Have a More Limited Stock Selection?
Gotrade Indonesia operates in compliance with Indonesian regulations and is supervised by the relevant regulators, including OJK and BAPPEBTI. As a result, the stocks available on Gotrade Indonesia may differ from those offered on other investment platforms.
Why are some stocks not available in Gotrade Indonesia?
Under BAPPEBTI regulations for PALN (Foreign Asset Trading) products, brokers such as Gotrade Indonesia are only permitted to offer certain stocks that fall within the applicable regulatory framework.
This means that not all U.S. stocks can be made available on Gotrade Indonesia, even if those stocks may be popular or available on other platforms.
Why do other platforms have these stocks while Gotrade Indonesia does not?
This depends on how each platform structures and complies with the applicable regulations in Indonesia.
At Gotrade Indonesia, we choose to operate in full compliance with OJK and BAPPEBTI regulations for PALN products. As such, the list of available stocks follows the requirements set by the regulators.
Why are certain stocks available on Gotrade Global but not on Gotrade Indonesia?
Gotrade offers two separate products that operate under different regulatory frameworks:
Gotrade Global
Gotrade Global is regulated under Labuan regulations, which allow for a broader product offering and do not have the same restrictions as Gotrade Indonesia.
Gotrade Indonesia
Gotrade Indonesia is regulated by OJK and BAPPEBTI as part of Indonesia’s regulatory framework for PALN products. Therefore, the available stock selection must comply with the applicable Indonesian regulations and restrictions.
Can the stock list on Gotrade Indonesia change?
Yes. The list of available stocks may change from time to time in line with regulatory updates or internal compliance and product eligibility reviews.
Why does Gotrade Indonesia have a specific selection of stocks?
Gotrade Indonesia operates as a platform for US Stock Derivatives (PALN) in partnership with PT Valbury Asia Futures, which is fully regulated in Indonesia. The number of available stocks is determined by the specific list of "underlying assets" approved by Indonesian regulators. Because each stock must be vetted and authorized for derivative trading within the local legal framework, the catalog is more curated than platforms operating in other jurisdictions
How does the partnership with Valbury Asia Futures work?
When you trade on Gotrade Indonesia, you are entering into a contract with PT Valbury Asia Futures. These contracts track the real-time price of US stocks. Valbury then hedges these positions with international brokers (like Alpaca Securities) to ensure your trades are backed by real market movement. This multi-layered regulatory structure ensures the platform remains compliant with Indonesian law, which can lead to a more selective stock list.
Why is there a difference between stocks offered on Gotrade and other platforms?
Gotrade are compliant to the latest BAPPEBTI regulations regarding the stocks allowed to be offered on PALN platform listed in https://bappebti.go.id/resources/docs/peraturan/sk_kep_kepala_bappebti/sk_kep_kepala_bappebti_2024_02_19_cz1t4hxw_id.pdf. We are closely monitoring the changes in regulations as PALN regulatory structure transitions to OJK. We consider the safety and compliance of your investment with the highest regards to ensure a smooth investing journey for our customers.
Will more stocks be added in the future?
Yes. We are constantly working with Valbury and Indonesian regulators to expand the list of approved underlying assets. As more US stocks meet the liquidity and regulatory requirements for the Indonesian market, they will be added to the platform.
