Gib, officially known as Global Intra Berjangka, was established in 2018 and is headquartered in Jakarta, Indonesia. The broker operates as a private entity and primarily serves the Indonesian market, catering to retail forex traders and institutional clients. Over the years, Gib has aimed to establish itself as a reputable player in the forex and CFD trading industry.
Gib's development has been marked by several milestones, including its regulatory approvals and the launch of various trading services. The broker's parent company, PT Global Intra Berjangka, has worked to enhance its offerings and improve customer service. The business model of Gib focuses on retail forex trading, providing clients with access to various financial instruments and trading platforms.
As a Gib broker, it emphasizes transparency, security, and customer-centric services. The company has made efforts to build a solid reputation within the trading community, focusing on delivering reliable trading conditions and robust customer support.
Gib operates under the supervision of several regulatory authorities, primarily the Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) and the Indonesia Commodity and Derivatives Exchange (ICDX). The following details outline the regulatory framework governing the broker:
Regulatory Authorities:
BAPPEBTI
ICDX
Licensing Numbers:
BAPPEBTI License Number: 587/BAPPEBTI/SI/XII/2004
ICDX License Number: 044/SKPB/ICDX/DIR/IX/2010
Scope of Regulation: Gib is authorized to provide retail forex services in Indonesia, ensuring adherence to local trading laws and regulations.
Client Fund Protection: Gib implements a client fund segregation policy, ensuring that clients' funds are kept separate from the broker's operational funds. This practice is designed to protect clients in the event of financial difficulties faced by the broker.
Investor Compensation Fund: Gib participates in investor compensation schemes, providing an additional layer of security for client funds.
KYC and AML Compliance: Gib adheres to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that all clients undergo proper verification processes to prevent fraud and illegal activities.
As a Gib broker, it is crucial for clients to understand the regulatory environment in which they are trading, as it significantly impacts their investment safety and security.
Gib offers a diverse range of trading products and services to cater to different trading needs. The following details highlight the key offerings:
Forex Pairs: Gib provides access to a variety of forex currency pairs, including major pairs, minor pairs, and exotic pairs. The total number of available forex pairs is significant, allowing traders to diversify their portfolios.
CFD Products: In addition to forex trading, Gib offers Contracts for Difference (CFDs) across various asset classes, including:
Indices: Major global indices such as the S&P 500 and NASDAQ.
Commodities: Trading in popular commodities like gold, silver, and crude oil.
Stocks: CFDs on individual stocks from major exchanges.
Cryptocurrencies: Although not prominently featured, Gib does provide limited access to cryptocurrency trading.
Unique Trading Products: Gib continuously updates its product offerings, adding new instruments based on market demand and trends.
Retail Trading Services: Gib focuses on retail clients, providing user-friendly trading platforms and educational resources to enhance the trading experience.
Institutional Client Services: Gib also caters to institutional clients, offering tailored solutions to meet their specific trading needs.
White Label Solutions: Gib provides white-label solutions for businesses looking to enter the forex market under their brand.
Asset Management Services: For clients interested in managed trading solutions, Gib offers asset management services, allowing experienced traders to manage portfolios on behalf of clients.
As a Gib broker, the firm strives to meet the diverse needs of its clients by offering a comprehensive range of trading products and services.
Gib utilizes advanced trading platforms to facilitate a seamless trading experience for its clients. The following details outline the technological aspects of the broker:
MetaTrader 4/5 Support: Gib supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are among the most popular trading platforms globally. These platforms offer a wide range of tools and features for both novice and experienced traders.
Proprietary Trading Platform: While there is no specific mention of a proprietary platform, Gib focuses on providing a robust trading environment through MT4 and MT5.
Web-Based Trading Platform: Gib offers a web-based trading platform, allowing clients to trade directly from their browsers without the need for software installation.
Mobile Applications: Gib provides mobile trading applications for both iOS and Android devices, enabling traders to access their accounts and trade on the go.
Execution Models: The broker employs various execution models, including ECN (Electronic Communication Network) and STP (Straight Through Processing), to ensure efficient trade execution.
Server Infrastructure: Gib's technical infrastructure is designed to support high-speed trading, with servers located strategically to minimize latency and enhance order execution.
API Access and Automated Trading Support: Gib offers API access for algorithmic trading, allowing traders to implement automated trading strategies seamlessly.
As a Gib broker, the emphasis on technology and platform capabilities ensures that clients have access to the tools necessary for successful trading.
Gib provides several account types to accommodate different trading styles and preferences. The following details outline the account offerings:
Standard Account Conditions:
Minimum Deposit: The minimum deposit requirement is accessible for most retail traders.
Spreads: Competitive spreads are offered, with variations based on market conditions.
Commissions: Depending on the account type, commissions may apply to certain trades.
Advanced Account Types: Gib may offer advanced account types such as VIP or professional accounts, which provide additional benefits, including lower spreads and higher leverage.
Special Accounts: Gib caters to specific client needs with special accounts, such as Islamic accounts that comply with Sharia law, and corporate accounts for businesses.
Demo Account Policy: Gib offers demo accounts for clients to practice trading without risking real funds. This allows traders to familiarize themselves with the platforms and market conditions.
Leverage Ratios: Gib provides flexible leverage options, allowing traders to choose leverage ratios based on their risk tolerance and trading strategies.
Minimum Trade Sizes: The minimum trade size varies by account type, accommodating both small and large traders.
Overnight Fees Policy: Gib has a transparent overnight fees policy, which is communicated to clients upfront.
As a Gib broker, the diverse account offerings cater to a wide range of traders, from beginners to experienced professionals.
Gib offers various funding options to facilitate easy deposits and withdrawals for its clients. The following details outline the fund management policies:
Supported Deposit Methods: Clients can deposit funds using various methods, including bank transfers, credit cards, and electronic wallets.
Minimum Deposit Requirements: The minimum deposit requirement varies by account type, ensuring accessibility for different trader profiles.
Deposit Processing Times: Deposits are generally processed quickly, allowing clients to start trading with minimal delays.
Deposit Fees: Gib maintains a transparent fee structure, with information on any applicable deposit fees provided to clients.
Withdrawal Methods and Restrictions: Clients can withdraw funds using similar methods as deposits, with specific restrictions communicated during the withdrawal process.
Withdrawal Processing Times: Withdrawal requests are processed promptly, with timelines communicated to clients.
Withdrawal Fee Structure: Gib provides a clear breakdown of any withdrawal fees, ensuring clients are informed before initiating withdrawals.
As a Gib broker, the focus on efficient fund management enhances the overall trading experience for clients.
Gib emphasizes customer support and education to assist traders in their trading journey. The following details outline the support and resources available:
Support Channels: Clients can reach out to Gib through various channels, including telephone, email, online chat, and social media platforms.
Service Hours and Time Zone Coverage: Gib's customer support operates during extended hours to accommodate clients across different time zones.
Multilingual Support: Gib offers support in multiple languages, catering to a diverse clientele.
Educational Resources: Gib provides a range of educational resources, including webinars, tutorials, and e-books, to help clients enhance their trading skills.
Market Analysis Services: Clients receive access to daily market analysis, news updates, and research reports to inform their trading decisions.
Trading Tools: Gib offers various trading tools, including calculators, economic calendars, and signal services, to assist traders in their analysis and decision-making.
As a Gib broker, the commitment to customer support and education underscores the broker's dedication to client success.
Gib primarily serves the Indonesian market but has the potential to reach clients in other regions. The following details outline the geographical reach and restrictions:
Main Service Markets: Gib focuses on the Indonesian market, providing tailored services to local traders.
Regional Office Distribution: Gib has its main office in Jakarta, with potential plans for expansion to other regions.
Countries/Regions Not Accepted: Gib does not accept clients from certain jurisdictions, including those where regulatory restrictions apply.
Special Restrictions: Gib ensures compliance with local regulations, which may impact the availability of services in specific regions.
As a Gib broker, understanding the regional coverage and restrictions is essential for clients considering trading with the firm.
In conclusion, Gib presents itself as a viable option for traders looking for a regulated and comprehensive trading experience. With a focus on customer support, diverse trading products, and robust regulatory compliance, Gib aims to cater to the needs of both retail and institutional clients.
Tradingsome
United Kingdom
My experience with GIB has been remarkable, primarily due to their diverse range of trading instruments. Whether it's Forex or cryptocurrencies, I appreciate the variety. As a crypto-focused investor, GIB's 24/7 support has been invaluable. However, the overall trading conditions and the availability of a regional account manager stand out positively.
Positive
2023-12-28