IBF Forex Broker

IBF Review SummaryFounded2005Registered Country/RegionIndonesiaRegulationBAPPEBTI and JFXMarket InstrumentsForex, Metals, Energies, Asian Index, US IndexDemo Account/Leverage/Spread/Trading PlatformIBFTraderMinimum Deposit/Customer SupportTel: (022)86061128IBF Information IBF, established in 2005, is regulated by both BAPPEBTI and JFX. It offers trading in Forex, Metals & Energies, Asian Index, and US Index. The broker utilizes segregated accounts for client funds and operates on its proprietary IBFTrader platform, accessible on both iOS and Android.Pros and ConsPros Cons Regulated by BAPPEBTI and JFXLack of transparencyOffers segregated accountsIs IBF Legit? IBF has a Retail Forex License regulated by BAPPEBTI and the Jakarta Futures Exchange (JFX) in Indonesia.Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.BAPPEBTIRegulatedIndonesiaRetail Forex License912/BAPPEBTI/SI/8/2006Jakarta Futures ExchangeRegulatedIndonesiaRetail Forex LicenseSPAB-142/BBJ/08/05 What Can I Trade on IBF? IBF offers trading in Forex, Metals & Energies (including precious metals like gold), Index Asia (combined stock prices indicating market conditions), and US Index (reflecting the strength of the US Dollar).Tradable Instruments Supported Forex✔Metals & Energies✔Index Asia✔US Index✔Bonds❌Shares❌Futures❌Options❌ETFs❌Account Type IBF uses segregated accounts for all customer funds, as required by BAPPEBTI regulations. These accounts are held with major banks like Bank Central Asia (BCA) and Bank Mandiri.IBF Fees IBF offers very low spreads for trading metals like Gold (XAU/USD) and Silver (XAG/USD), and there are no transportation and storage costs. However, there is no information provided about specific commission fees.Trading PlatformTrading PlatformSupported Available Devices Suitable for IBFTrader✔IOS and Android/