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FOREXimf

Indonesia | 5-10 years | Environment B |
Regulated in Indonesia | Retail Forex License

http://www.foreximf.com/

Website

Rating Index

Environment

Environment

B

Average transaction speed (ms)

800.8 Poor

Influence

C

Influence index NO.1

Indonesia 5.85

Environment

Speed:D

Slippage:D

Cost:C

Disconnected:C

Rollover:AAA

Influence

Influence

C

Influence index NO.1

Indonesia 5.85
Surpassed 68.20% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+62 022 - 426 6000
support@foreximf.com
http://www.foreximf.com/
Menara Asia Afrika Lantai 12 Jl. Asia Afrika No.133 - 137, Bandung

Basic Information

Registered Region
Indonesia
Operating Period
5-10 years
Company Name
PT. International Mitra Futures
Abbreviation
FOREXimf
Company employee
--
Customer Service Email Address
support@foreximf.com
Contact Number
+620224266000
Company Website
Company address
Menara Asia Afrika Lantai 12 Jl. Asia Afrika No.133 - 137, Bandung
Keywords 3
5-10 years
Regulated in Indonesia
Retail Forex License

farhan9547

Unverified

Indonesia

Providing misleading information, false and misleading signals

Exposure

2023-11-10

Anto2921

Unverified

Indonesia

This forex broker is not friendly and is not responsible for the customer. The instructions given to the customer always lose from the trade. The trading instructions are always not right.

Exposure

2023-02-03

Dania2928

Unverified

Indonesia

I like the feeling of security when I want to withdraw funds, so far FOREXimf has never failed to pay or make it difficult. There are also many educational facilities offered, such as live trades, channels, and VIP. The fees are quite low compared to other foreign brokers. What's important is that I feel safe because I know where their office is located. Especially the QuickPro application, I really like it because it is very practical and helps me with trading.

Positive

2024-08-27

Rendy5143

Unverified

Singapore

Trusted and highly educational official broker. I am greatly assisted by the Quickpro By foreximf application which has super complete features

Positive

2024-07-05

Amir8557

Unverified

Indonesia

Best and trusted local broker. Have been using foreximf for almost 1 year, smooth withdrawal without any problems

Positive

2024-07-05

Rendy5143

Unverified

Indonesia

For now, FOREXimf has provided a micro account with a minimum deposit of only Rp 100Rb. I am very helped by the indicators provided by FOREXimf and also the quite complete application, QUICKPRO. In addition to being able to trade in the application, I am greatly helped by the high impact news updates provided in QUICKPRO By FOREXimf in the Market insight and News menu. The application can also be downloaded on Playstore.

Positive

2024-06-11

FX3906715515

Unverified

Indonesia

FOREXimf broker TOP, execution is fast and low commission.. there is also an additional application called QuickPro, which is really awesome. The most important thing for me is being able to see market insight and economic calendar there to check from the fundamental side..

Positive

2024-06-11

Enny3552

Unverified

Indonesia

Now you can deposit with only Rp 100,000 or about $6. More friendly for retail traders and the minimum lot size is now 0.01. There is a live trade session every day, so far it seems to be the only Indonesian broker that dares to broadcast live trades on YouTube every day. Analysis may sometimes be off, but overall it is still good if followed consistently.

Positive

2024-06-11

Enny3552

Unverified

Indonesia

Nice broker with outstanding service. They provide a telegram forum group where we can share our opinion about the market with other traders and analysts. They also run a YouTube channel with so many trading tips. What's best for me is they have Live analysis twice a day at Asia and US market session, sharing plenty of trading setups with amazing results.

Positive

2023-02-17

Toro1543

Unverified

Indonesia

So far foreximf is the ideal broker for me, the indicators and signals they provide can make my trading easier. What's more, the VIP group provided is quite exciting, you can have discussions between members and ask questions to those who are more expert. Foreximf is fun.

Positive

2023-02-17

Erwin1157

Unverified

Indonesia

FOREXimf is a good broker. Many taught me who was still a beginner. The live analysis and trading signals that are presented really help me trade.

Positive

2023-02-17

FX1038470953

Unverified

Ecuador

I tried several times with a demo account at FOREXimf and gave up because I didn't think the transaction cost was very friendly. On the one hand, I have to pay a fixed commission, on the other hand, the spread is not very low.

Neutral

2022-11-24

FX1023795160

Unverified

United Kingdom

Trading with this broker requires an initial deposit of $250 on its most basic account, a high amount compared with many other brokers… the broker provides the industry leading MT4, high leverage up to 1:400. However, for your safety of funds, you’d better open a demo account to test its real trading environment first…

Neutral

2022-11-21

13
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Company Summary
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Official website

Environment

Average transaction speed(ms)
800.8 Poor
The highest transaction speed(ms)
608 Poor
The highest speed of opening positions(ms)
649 Poor
The highest speed of closing position(ms)
608 Poor
The lowest speed of opening positions(ms)
906 Great
The lowest speed of closing position(ms)
1098 Good
0USD/Lot
29.99USD/Lot Perfect
Long: -2.7USD/Lot    Short: -0.3USD/Lot Great
Long: -3USD/Lot    Short: 0USD/Lot Great
Average slippage
3.9 Good
Maximum transaction slippage
0 Perfect
Maximum positive slippage
0
Maximum negative slippage
0 Perfect
Average disconnection frequency (times/day)
0.7 Great
Average reconnection time (millisecond/per request)
96.7
Ranking: 93 / 130
Test user 269
Orders 2,297
Ocuppied margin $210,910 USD
Data Source
WikiFX Data provide
Updated: 2025-06-13 01:00:00
Sources
Language
Mkt. Analysis
Creatives

Website

Most visited countries/areas
Brunei
foreximf.com
202.158.123.133
Server Location
Indonesia
ICP registration
--
Most visited countries/areas
Brunei
Domain Effective Date
2013-04-23
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC

Company Summary

FOREXimf Review Summary
Founded2004
Registered Country/RegionIndonesia
RegulationBAPPEBTI, ICDX
Market Instruments18 currency pairs, gold, oil, silver
Demo Account
LeverageUp to 1:500
SpreadFrom 2.8 pips (Classic Account)
Trading PlatformMetaTrader 4 (MT4), QuickPro Mobile App
Minimum DepositRp. 250,000
Customer SupportPhone: 022 - 426 6000
Fax: 022 - 426 6001
Address: Asia Africa Tower 12th Floor, Jl. Asia Africa No.133–137, Bandung

FOREXimf Information

FOREXimf (PT. International Mitra Futures) was established in 2004 and is completely regulated in Indonesia by the BAPPEBTI and ICDX. It provides currency and commodity trading through MT4 and its proprietary QuickPro software. With swap-free accounts and beginner-friendly conditions, it's a good option for local traders, however the product selection is restricted.

FOREXimf's homepage

Pros and Cons

ProsCons
Regulated by BAPPEBTI & ICDXLimited product range (no cryptos, stocks)
Demo accounts availableNo MT5 or advanced desktop platform
Low fees with free swapLimited deposit methods

Is FOREXimf Legit?

Yes, FOREXimf (PT. International Mitra Futures) is a legitimately regulated broker in Indonesia. It holds a Retail Forex License from BAPPEBTI (License No. 736/BAPPEBTI/SI/6/2005) and from ICDX (License No. 073/SPKB/ICDX/Dir/II/2012).

Regulated by BAPPEBTI
Regulated by ICDX

What Can I Trade on FOREXimf?

FOREXimf provides a focused set of tradable assets, including 18 currency pairings, gold, oil, and silver. It also allows for multilateral trading via the exchange, but does not presently provide cryptocurrency, equities, or ETFs.

Tradable InstrumentsSupported
Forex
Gold & silver
Oil
Indices
Stocks
Cryptos
Bonds
Options
ETFs
What Can I Trade on FOREXimf?

Account Type

FOREXimf provides two types of live accounts: Gold and Classic. Both include free swapping, MetaTrader 4, and beginner-to-pro trading capabilities. The broker also provides demo accounts, but does not offer Islamic (swap-free) accounts separately—since both real accounts already have swap-free conditions.

Account TypeMinuu DepositMaximum LeverageSpreadCommission SwapSuitable for
GoldRp. 5,000,0001:500From 1.0 pips (XAUUSD)From $0.07 per 0.01 lotFreeExperienced traders, gold-focused traders
ClassicRp. 250,000From 2.8 pipsFrom $0.01 per 0.01 lotBeginners, low-capital traders
Account comparison

Leverage

FOREXimf provides leverage of up to 1:500 on both account categories (Gold and Classic). This high leverage enables traders to hold larger positions with a smaller investment, which can boost earnings while greatly increasing the chance of loss.

FOREXimf Fees

Overall, FOREXimf's fees are competitive with industry norms. It has narrow spreads, minimal commissions, and no swap charges, making it appealing to both beginners and experienced traders.

Trading Fees

Account TypeSpreadCommissionSwap
GoldFrom 1.0 pips (XAUUSD)From $0.07 per 0.01 lotFree
ClassicFrom 2.8 pipsFrom $0.01 per 0.01 lot

Non-Trading Fees

Non-Trading Fee TypeFee
Deposit Fee
Withdrawal Fee
Inactivity FeeNot mentioned

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 4 (MT4)Windows, macOS, Android, iOSBeginners
QuickPro AppAndroid-
MetaTrader 5 (MT5)-Experienced traders
Trading Platform

Deposit and Withdrawal

FOREXimf does not impose deposit or withdrawal fees; rather, the client is responsible for bank administrative expenses. The minimum deposit varies by account type, starting at Rp. 250,000 (Classic account).

Payment MethodMinimum DepositDeposit/Withdrawal FeeDeposit TimeWithdrawal Time
Bank Transfer (IDR)Rp. 250,000Within same day (upon receipt & validation)Processed within 1 business day (before 12:00 WIB)
Bank Transfer (USD)Equivalent in USD
Deposit and Withdrawal

Keywords

  • 5-10 years
  • Regulated in Indonesia
  • Retail Forex License

News

GOLD GOING TO $2000?

News GOLD GOING TO $2000?

Gold Trading: As predicted by many market players, the Fed has finally raised its interest rate again by 25 bps. However, there is an anomaly where even though the Fed's interest rate has increased, the price of gold has actually increased.

2023-08-04 10:50

5 WAYS TO LIMIT THE RISK OF FOREX TRADING THAT ARE STILL FREQUENTLY FORGOTTEN

News 5 WAYS TO LIMIT THE RISK OF FOREX TRADING THAT ARE STILL FREQUENTLY FORGOTTEN

Forex trading is one of the most popular forms of investment in the world, especially amongst young people. It is relatively low-cost, available 24 hours a day, and can be accessed from both mobile devices and computers. Anyone with a mobile phone and 10 dollars to spare can get involved.

2023-04-06 10:18

TRADER IS PROHIBITED TO COMPARE YOURSELF WITH OTHER TRADER, WHY?

News TRADER IS PROHIBITED TO COMPARE YOURSELF WITH OTHER TRADER, WHY?

Trading on your own is the best way to experience your success and failure. Although most traders are ultra-competitive by nature, comparing yourself to other traders is not in your best interest. In the world of work, newcomers are bound to be compared to old people.

2023-02-21 10:13

4 TIPS TO SURVIVE THE MARKET CRASH

News 4 TIPS TO SURVIVE THE MARKET CRASH

A stock market crash is usually defined by a drop of at least 10% on a stock exchange or major stock index within a single trading day. This usually starts within a particular sector or industry but can expand to the wider stock market, depending on the situation.

2023-02-21 10:04

STILL BELIEVE IN FOREX TRADING IS GAMBLING? READ THIS

News STILL BELIEVE IN FOREX TRADING IS GAMBLING? READ THIS

For some people, trading financial instruments is a great way to make money, while others believe that trading currency pairs is gambling.

2023-02-09 18:33

5 EXIT STRATEGY,  HAVE YOU USE THEM?

News 5 EXIT STRATEGY, HAVE YOU USE THEM?

Traders spend hours fine-tuning entry strategies but then blow out their accounts taking bad exits. In fact, most of us lack effective exit planning, often getting shaken out at the worst possible price. We can remedy this oversight with classic strategies that can enhance profitability.

2023-02-01 11:30

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