Gotrade enables access to US stocks from Indonesia through fully backed contracts under the scheme of Channeling of Order to Foreign Future Exchanges” (PALN) for derivative contracts of overseas stocks as per Bappebti regulation.
You enter into a contract with PT Valbury Asia Futures ("Valbury"), a Bappebti registered broker 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.