LABAFX Company Overview

　　

Founding Date and Background

　　LABAFX, a forex brokerage company, was established in 2003. It operates under the ownership of PT Laba Forex Indo Berjangka, which is a licensed entity in Indonesia. The firm specializes in providing trading services for various financial instruments, including forex, commodities, and CFDs.

　　

Parent Company/Ownership Structure

　　LABAFX is owned by PT Laba Forex Indo Berjangka, a company that holds multiple regulatory licenses in Indonesia. This ownership structure enables LABAFX to operate legally within the Indonesian financial market while adhering to local regulations.

　　

Headquarters Location

　　The headquarters of LABAFX is located at Lippo Thamrin Office, 17th Floor, Jl. M.H. Thamrin Kav 20, Jakarta Pusat 10350, Indonesia. This central location in Jakarta positions the company well within one of Southeast Asia's major financial hubs.

　　

Global Business Scope

　　Although LABAFX is primarily focused on the Indonesian market, it also extends its services to clients in other regions, including Singapore and Poland. This international outreach allows the company to cater to a diverse clientele, although it is important to note that it does not accept clients from the United States.

　　

Main Regulatory Bodies

　　LABAFX is regulated by several bodies, including:

• Bappebti (Badan Pengawas Perdagangan Berjangka Komoditi), which oversees the trading of futures and commodities in Indonesia.
• JFX (Jakarta Futures Exchange), which regulates futures trading activities.

　　These regulatory affiliations provide a level of oversight and legitimacy to the operations of LABAFX.

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Company History and Development

　　

Key Milestones

　　Since its inception in 2003, LABAFX has experienced several key milestones, including the acquisition of regulatory licenses and the expansion of its trading platform capabilities. The company has continually evolved to meet the demands of the trading community.

　　

Business Expansion Journey

　　LABAFX has gradually expanded its business scope by increasing the number of trading instruments available to clients. Initially focused on forex trading, the company has diversified its offerings to include CFDs and commodities, thereby attracting a broader customer base.

　　

Customer Base Growth

　　Over the years, LABAFX has seen a steady growth in its customer base, driven by its commitment to regulatory compliance and the provision of a stable trading environment. The firm has cultivated a reputation for reliability, which has helped it gain the trust of traders in Indonesia and beyond.

　　

Platform Development History

　　LABAFX offers the popular MetaTrader 4 (MT4) trading platform, which is favored by many traders for its user-friendly interface and advanced trading features. The implementation of MT4 has significantly enhanced the trading experience for LABAFX clients.

　　

Important Awards or Recognitions Received

　　While specific awards or recognitions for LABAFX have not been detailed in available sources, its regulatory compliance and growing reputation in the industry suggest a positive trajectory in its operational standards.

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Trading Services Offered

　　

Forex Trading Options

　　LABAFX provides access to a wide range of forex trading options, offering 134 trading instruments, including major, minor, and exotic currency pairs. This extensive selection allows traders to engage in diverse trading strategies.

　　

Stock Trading Options

　　The company also offers trading in stock indices and individual stock CFDs, although specific stock trading options have not been detailed in available resources.

　　

CFD Trading Products

　　LABAFX provides a variety of CFD trading products, allowing traders to speculate on price movements without owning the underlying assets. This includes commodities and indices, which can be traded alongside forex.

　　

Other Financial Instruments

　　In addition to forex and CFDs, LABAFX offers trading in precious metals and crude oil, catering to traders interested in diversifying their portfolios. However, it does not currently offer cryptocurrency trading options.

　　

Special Services or Unique Advantages

　　One of the unique advantages of LABAFX is its provision of an Islamic account, catering to traders who require compliance with Sharia law. Additionally, the firm claims to offer low commission fees, although specific figures are not disclosed.

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Regulatory and Legal Background

　　

Detailed Regulatory Information

　　LABAFX is regulated by:

• Bappebti: Retail Forex License (661/Bappebti/si/iv/2005)
• JFX: Retail Forex License (SPA B-084/BBJ/09/04)

　　These licenses ensure that LABAFX operates within the legal frameworks established by Indonesian authorities.

　　

Legal Entity Structure by Region

　　LABAFX operates as a legal entity in Indonesia under the ownership of PT Laba Forex Indo Berjangka. The firm is subject to Indonesian laws and regulations governing forex trading.

　　

Client Fund Protection Measures

　　LABAFX provides segregated bank accounts for clients, ensuring that client funds are kept separate from the companys operational funds. This measure is a standard practice to enhance client fund protection.

　　

Countries/Regions Served

　　While primarily serving clients in Indonesia, LABAFX also caters to traders in Singapore, Poland, and other regions. However, it does not accept clients from the United States.

　　

Compliance History

　　LABAFX has maintained a compliance record with the regulatory bodies in Indonesia, although its operations outside the country may raise concerns regarding adherence to international trading standards.

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Competitive Landscape

　　

3-5 Main Competitors

　　LABAFX faces competition from several other forex brokers in the Indonesian market, including:

• FXTM (ForexTime)
• OctaFX
• Exness
• IC Markets
• HotForex

　　

Positioning in the Industry

　　LABAFX positions itself as a reputable and regulated broker, emphasizing its compliance with Indonesian regulations. While it may not be as widely recognized as some of its competitors, its focus on regulatory adherence and customer service helps it carve out a niche in the market.

　　

Market Differentiation Factors

　　LABAFX differentiates itself through its regulatory compliance in Indonesia, offering a diverse range of trading instruments and the availability of an Islamic account. However, the lack of specific information regarding account types and fees may limit its appeal to some traders.

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　　In conclusion, LABAFX is a regulated forex broker based in Indonesia that offers a variety of trading services. While it has made significant strides in its development and service offerings, potential clients should carefully consider its regulatory environment and the transparency of its operations before engaging in trading activities. For more detailed information about LABAFX and its services, please learn more.