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๐Ÿ‡ฎ๐Ÿ‡ฉ Do I own the stocks I buy?

Lucy avatar
Written by Lucy
Updated over a week ago

For every share (or fraction of it) held by you on Gotrade, there is a corresponding share held by Valbury in a segregated brokerage account at Alpaca Securities LLC.

Gotrade enables access to US stocks from Indonesia through fully backed contracts under the scheme of Channeling of Order to Foreign Future Exchangesโ€ (PALN) for derivative contracts of overseas stocks as per Financial Services Authority (OJK).

You are entering into a contract with PT Valbury Asia Futures ("Valbury"), a broker registered with and supervised by the Financial Services Authority (OJK) in Indonesia.

Valbury fully backs 100% of its contracts with Alpaca Securities LLC, a FINRA licensed broker-dealer in the United States.

For every share (or fraction of it) held by you on Gotrade, there is a corresponding share held by Valbury in a segregated brokerage account at Alpaca Securities LLC.

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