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Pros

Regulated by Bappebti and JFX, providing a level of trust and security for clients.
Offers a variety of trading instruments, including forex, metals, and indices, allowing for diversified trading strategies.
Utilizes segregated accounts for client funds, ensuring that traders' money is kept separate from the broker's operational funds.

Cons

Limited selection of trading assets compared to competitors, which may not meet the needs of all traders.
Absence of tier-1 regulation, potentially raising concerns about the broker's reliability and investor protection.
Unclear fee structure and limited deposit/withdrawal options, which can lead to confusion and hinder trading flexibility.

IBF broker Accounts

IBF Broker Account Types

IBF offers several account types to cater to different trading needs and preferences. The available accounts include:

  • Mini Account
    • Minimum Deposit: $500
    • Maximum Leverage: 1:100
    • Spreads: Floating spreads for forex and gold
    • Commission: $5 per lot
    • Contract Size: 10,000
    • Maximum Open Lots: 20
    • Regular Account
      • Minimum Deposit: $5,000
      • Maximum Leverage: 1:100
      • Spreads: Floating spreads for forex and gold, fixed spreads for indices
      • Commission: $50 per lot
      • Contract Size: 100,000
      • Maximum Open Lots: 20
      • Separate Account
        • This account type ensures the safety and security of your funds, allowing traders to focus on their trading activities.

        These accounts are designed to meet the diverse requirements of traders, from beginners to experienced professionals.

        IBF Broker Account Opening Process

        To open an account with IBF, follow these steps:

        • Visit the IBF Website: Go to IBF Trader.
        • Select Account Type: Choose the type of account you wish to open (Mini, Regular, or Separate).
        • Fill Out Application Form: Provide the required personal information and documentation.
        • Verification: Complete the identity verification process by submitting necessary documents.
        • Fund Your Account: Make the minimum deposit as required for the selected account type.
        • Start Trading: Once your account is approved and funded, you can begin trading.
        • For more detailed information about the account types and the opening process, please refer to the sources provided.

          Sources:

IBF Similar Broker Accounts

Explore broker markets account types: forex/trading accounts with demo access.

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