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FOREXimf Forex Broker keeps up-to-date with the latest trading account information, including Classic, Gold maximum leverage of 1 : 500, trading varieties, and more

Rating Index

Pros

Offers a variety of account types with flexible spreads and commissions to cater to different trading needs.
Provides educational resources such as webinars, videos, and market reports to enhance traders' skills and knowledge.
High maximum leverage of up to 1:400 for the lite account, allowing traders to maximize potential profits.

Cons

Limited information on the deposit and withdrawal processes, which may be unclear for potential clients.
Trading instruments are restricted primarily to forex pairs, precious metals, and energies, lacking diversity compared to other brokers.
Only regulated by Indonesian authorities, which may limit its appeal and trustworthiness for international traders.

FOREXimf broker Accounts

Classic

Environment
AA
Currency
--
Maximum Leverage
1 : 500
SupportedEA
Minimum Deposit
Rp 250.000
Minimum Spread
From 2.8
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
$ 0.01 per 0.01 lot
Products
--

Gold

Environment
AA
Currency
--
Maximum Leverage
1 : 500
SupportedEA
Minimum Deposit
Rp 250.000
Minimum Spread
From 1.0
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
$ 0.07 per 0.01 lot
Products
--

FOREXimf Account Type

FOREXimf offers several types of trading accounts to cater to different trading needs:

  • Ultra Lite Account
    • Minimum Deposit: IDR 350,000 (~USD 22)
    • Leverage: Up to 1:500
    • Spread: Floating from 1.8 pips
    • Commission: $1 per lot
    • Low Spread Account
      • Minimum Deposit: IDR 350,000 (~USD 22)
      • Leverage: Up to 1:500
      • Spread: Minimum of 0.3 pips
      • Commission: $10 per lot
      • Lite Pro Account
        • Minimum Deposit: IDR 3,500,000 (~USD 222)
        • Leverage: Up to 1:100
        • Spread: Floating starting from 1.8 pips
        • Commission: $1 per lot
        • Low Spread Pro Account
          • Minimum Deposit: IDR 3,500,000 (~USD 222)
          • Leverage: Up to 1:100
          • Spread: Minimum of 0.3 pips
          • Commission: $10 per lot

          Each account type is designed to meet the needs of different traders, from beginners to professionals, with varying levels of capital and trading strategies.

          FOREXimf Broker Account Opening Process

          To open an account with FOREXimf, follow these steps:

          • Visit the Website: Go to the official FOREXimf website.
          • Registration: Click on the "Register" button or "Open Live Account."
          • Provide Personal Information: Fill in your name, email, and WhatsApp number. Agree to the privacy policy.
          • Verification: An SMS with a verification code will be sent to your WhatsApp number. Enter the code to confirm.
          • Complete Application: Provide additional information and pass verification.
          • Choose Account Type: Select from the available account types (Ultra Lite, Low Spread, Lite Pro, Low Spread Pro).
          • Deposit Funds: Make the minimum deposit as required for the chosen account type.
          • Start Trading: Download the MetaTrader 4 or QuickPro app and begin trading.
          • This process ensures that all necessary information is collected and verified, allowing for a smooth trading experience.

            Sources:

            • Traders Union
            • Forex Penguin
            • Broker Judge

FOREXimf accounts can be viewed for products that can be traded -- accounts with a minimum deposit of Rp 250.000 by (2+) --.
FOREXimf Account