SIBFX Account Type

　　SIBFX offers a limited range of account types primarily tailored for forex trading. The available account type is as follows:

• Standard Account
• Minimum Deposit: Not specified
• Maximum Leverage: 1:100
• Spread: From 3 pips
• Commission: $30 per lot traded
• Trading Platform: MetaTrader 4 (MT4), known for its advanced charting tools and automated trading capabilities.

　　Despite being regulated by Bappebti in Indonesia, the trading costs associated with SIBFX, particularly the spreads and commissions, are relatively high compared to other brokers in the market.

　　

SIBFX Broker Account Opening Process

　　Opening a trading account with SIBFX involves a straightforward process. Here are the steps:

• Visit the SIBFX Website: Go to sibfx.co.id.
• Choose Account Type: Select the Standard Account for forex trading.
• Provide Personal Information: Fill out the necessary personal details, including your name, email address, and phone number.
• Submit Identification Documents: Prepare and submit required identification documents as per regulatory requirements.
• Deposit Funds: Fund your account via bank transfer; note that SIBFX only accepts bank transfers for deposits.
• Start Trading: Once your account is funded, you can begin trading on the MT4 platform.

　　For more detailed information, you may need to contact SIBFX customer support directly.