FOREXimf Company Overview

　　

Founding Date and Background

　　FOREXimf is a prominent forex and CFD brokerage firm established in 2005. The company, officially known as PT International Mitra Futures, has positioned itself as a reliable platform for trading in the Indonesian financial market. Initially, the firm focused on providing trading services for local investors, but it has since expanded its offerings to cater to a broader audience.

　　

Parent Company/Ownership Structure

　　FOREXimf operates under the ownership of PT International Mitra Futures, which is dedicated to ensuring a secure trading environment for its clients. The company is privately held, maintaining a strong focus on compliance with local regulations and fostering a transparent relationship with its clients.

　　

Headquarters Location

　　The headquarters of FOREXimf is located in Bandung, West Java, Indonesia. This strategic location allows the company to effectively serve its clients throughout the region and beyond.

　　

Global Business Scope

　　While primarily focused on the Indonesian market, FOREXimf also caters to international traders, providing access to various financial instruments. The companys services are designed for both novice and experienced traders, making it a versatile option for those looking to engage in forex and CFD trading.

　　

Main Regulatory Bodies

　　FOREXimf is regulated by two key regulatory bodies:

• Bappebti (Commodity Futures Trading Supervisory Agency of Indonesia)
• ICDX (Indonesia Commodity and Derivatives Exchange)

　　These regulatory affiliations ensure that the company adheres to strict standards of operation, enhancing the trust and security of its trading environment.

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Company History and Development

　　

Key Milestones

　　Since its inception in 2005, FOREXimf has achieved several significant milestones, including:

• 2005: Establishment of the company and acquisition of regulatory licenses.
• 2010: Launch of its proprietary trading platform, QuickPro, alongside the popular MetaTrader 4 (MT4).
• 2015: Expansion of its trading instruments to include commodities and energy products.
• 2020: Introduction of advanced educational resources and analytics for traders.

　　

Business Expansion Journey

　　FOREXimf has steadily expanded its business operations through strategic partnerships and enhancements to its trading platform. The introduction of the QuickPro mobile app has allowed traders to access the markets on-the-go, significantly improving user engagement and satisfaction.

　　

Customer Base Growth

　　The company has experienced substantial growth in its customer base, now serving over 238,000 traders. This growth can be attributed to its commitment to providing competitive trading conditions, educational resources, and responsive customer support.

　　

Platform Development History

　　FOREXimf began with the MT4 platform, which remains a favorite among traders due to its user-friendly interface and robust features. The subsequent launch of the QuickPro platform has further diversified the trading experience, offering additional functionalities tailored for mobile users.

　　

Important Awards or Recognitions Received

　　While specific awards have not been extensively documented, FOREXimf is recognized for its commitment to customer satisfaction and regulatory compliance, contributing to its reputation as a trusted broker in the Indonesian market.

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Trading Services Offered

　　

Forex Trading Options

　　FOREXimf offers a comprehensive range of forex trading options, including over 17 currency pairs. This selection provides traders with ample opportunities to engage in both major and minor currency trades.

　　

Stock Trading Options

　　Currently, FOREXimf does not provide direct stock trading options. Instead, its focus remains primarily on forex and CFD products.

　　

CFD Trading Products

　　The brokerage offers a variety of CFD trading products, allowing clients to speculate on price movements without owning the underlying asset. This includes commodities like gold and crude oil, as well as forex pairs.

　　

Other Financial Instruments

　　In addition to forex and CFDs, FOREXimf provides access to precious metals and energy products. However, it does not currently offer cryptocurrency trading options, which may limit its appeal to traders interested in digital assets.

　　

Special Services or Unique Advantages

　　FOREXimf stands out for its educational resources, which include webinars, video tutorials, and market analysis. The availability of a demo account with virtual funds allows novice traders to practice without financial risk, enhancing their trading skills before moving to live accounts.

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Regulatory and Legal Background

　　

Detailed Regulatory Information

　　FOREXimf is regulated by:

• Bappebti: Ensures adherence to local trading regulations.
• ICDX: Provides oversight for commodity and derivatives trading.

　　These regulatory bodies help maintain a secure trading environment and ensure that client interests are protected.

　　

Legal Entity Structure by Region

　　The company operates solely under the regulatory framework of Indonesia, which may limit its appeal to international clients seeking brokers with broader regulatory oversight.

　　

Client Fund Protection Measures

　　Client funds are held in reputable Indonesian banks, and the company employs SSL encryption protocols to safeguard sensitive information. Furthermore, FOREXimf follows strict compliance measures to protect client interests.

　　

Countries/Regions Served

　　FOREXimf primarily serves clients in Indonesia but is also open to international traders. However, the company is not available to clients in certain countries, including the USA and Canada.

　　

Compliance History

　　FOREXimf maintains a clean compliance record with its regulatory bodies, ensuring that it meets all necessary legal and operational standards.

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Competitive Landscape

　　

3-5 Main Competitors

　　FOREXimf faces competition from several notable brokers in the region, including:

• Exness
• FXPro
• Roboforex
• Pocket Option
• Vantage Markets

　　

Positioning in the Industry

　　FOREXimf is positioned as a reliable broker for Indonesian traders, focusing on forex and CFD trading with competitive fees and a user-friendly platform. Its regulatory compliance enhances its reputation compared to some competitors.

　　

Market Differentiation Factors

　　Key differentiation factors for FOREXimf include:

• Strong regulatory oversight by Bappebti and ICDX.
• A focus on educational resources and trader support.
• Competitive trading fees and a variety of account options.
• The availability of both the MT4 platform and the proprietary QuickPro app.

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　　In conclusion, FOREXimf is a well-established brokerage in Indonesia that offers a range of trading services tailored to both novice and experienced traders. With a solid regulatory framework, a focus on customer education, and a commitment to providing a secure trading environment, FOREXimf stands out as a viable option for those looking to engage in forex and CFD trading. For more information, learn more.