IBF FUTURES Forex Broker

IBF Futures Broker - Complete Information Guide

1. Overview of the Broker

　　International Business Futures (IBF), established in 2005, is a prominent online forex broker headquartered in Bandung, Indonesia. The company operates under the legal entity PT International Business Futures and is privately owned. IBF primarily serves retail and institutional clients, providing them with access to a wide range of financial instruments.

　　Since its inception, IBF has achieved several milestones, including obtaining regulatory licenses from the Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti) and the Jakarta Futures Exchange. These licenses allow IBF to offer retail forex trading services, contributing to its reputation as a reliable broker in the Indonesian market.

　　The business model of IBF focuses on retail forex trading, catering to both novice and experienced traders. The broker offers various account types, each designed to meet the diverse needs of its clientele. As a recognized player in the forex industry, IBF continues to evolve, integrating advanced trading technology and educational resources to enhance the trading experience for its users.

2. Regulatory and Compliance Information

　　IBF operates under strict regulatory frameworks established by the Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti), which is the regulatory authority for commodity futures trading in Indonesia. The broker holds the following licenses:

• Bappebti Retail Forex License: License number 912/Bappebti/si/8/2006.
• Jakarta Futures Exchange License: License number spa b-142/bbj/08/05.

　　These licenses ensure that IBF complies with the regulations set forth by the Indonesian Ministry of Trade, providing a level of security and trust for its clients. The licenses are valid for an indefinite period, subject to compliance with regulatory requirements.

　　IBF adheres to a robust client fund segregation policy, ensuring that clients' funds are kept separate from the company's operating funds. Furthermore, the broker follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to mitigate risks associated with financial crimes.

3. Trading Products and Services

　　IBF offers a diverse range of trading products, catering to various market interests. The broker provides access to:

• 　　Forex Trading: A wide selection of currency pairs, including major, minor, and exotic pairs. The broker supports numerous forex pairs, allowing traders to capitalize on global currency fluctuations.

• 　　CFDs: Contracts for difference on various asset classes, including:

• 　　Indices: Access to major Asian and US indices.

• 　　Commodities: Trading in precious metals such as gold and silver, as well as energy products.

• 　　Cryptocurrencies: While specific offerings weren't detailed, IBF is known to explore emerging asset classes.

　　IBF frequently updates its product offerings to meet market demands, ensuring traders have access to the latest financial instruments. The broker primarily focuses on retail trading services but also caters to institutional clients with tailored solutions.

4. Trading Platforms and Technology

　　IBF provides its clients with access to the widely recognized MetaTrader 4 (MT4) trading platform, known for its powerful charting capabilities and user-friendly interface. MT4 allows traders to utilize various technical indicators, automated trading through Expert Advisors (EAs), and customizable charting options.

　　In addition to MT4, IBF has developed its own mobile trading application, the IBF Trader, which is designed for both iOS and Android devices. This mobile app enables traders to manage their accounts and execute trades on the go, ensuring flexibility and convenience.

　　IBF employs an ECN (Electronic Communication Network) execution model, which facilitates direct market access and competitive pricing. The broker's servers are located in Singapore, providing low-latency trading conditions. Furthermore, IBF supports API access for algorithmic trading, allowing sophisticated traders to implement automated strategies seamlessly.

5. Account Types and Trading Conditions

　　IBF offers several account types to accommodate the varying needs of traders:

• 　　Mini Account:

• 　　Minimum Deposit: $500

• 　　Leverage: Up to 1:100

• 　　Commission: $5 per lot

• 　　Contract Size: 10,000 units

• 　　Regular Account:

• 　　Minimum Deposit: $5,000

• 　　Leverage: Up to 1:100

• 　　Commission: $50 per lot

• 　　Contract Size: 100,000 units

　　The broker also offers Islamic accounts to cater to traders who require Sharia-compliant trading conditions. Additionally, IBF provides a demo account for traders to practice their strategies without financial risk.

　　The trading conditions include floating spreads for forex and gold, while fixed spreads are applied to indices. IBF's minimum trade size and overnight fees vary based on the account type and product traded.

6. Fund Management

　　IBF supports a variety of deposit and withdrawal methods to facilitate seamless transactions for its clients:

• 　　Deposit Methods: Options include bank transfers, credit cards, and electronic wallets. Specific methods were not detailed in the sources but typically include major payment processors.

• 　　Minimum Deposit Requirements:

• 　　Mini Account: $500

• 　　Regular Account: $5,000

• 　　Deposit Processing Time: Typically ranges from instant to a few business days, depending on the method used.

• 　　Withdrawal Methods and Restrictions: Clients can withdraw funds through similar methods as deposits, with specific processing times varying based on the payment method and bank policies.

• 　　Withdrawal Processing Time: Generally takes between 1 to 5 business days.

• 　　Withdrawal Fees: Not explicitly detailed, but clients should consult the broker for any applicable fees.

  　　

7. Customer Support and Educational Resources

　　IBF provides comprehensive customer support through multiple channels:

• 　　Support Channels: Clients can reach out via phone, email, online chat, and social media platforms such as Twitter and Facebook.

• 　　Service Hours: The support team operates during regular business hours, accommodating the time zone of their primary market.

• 　　Multilingual Support: The broker primarily offers support in Indonesian, with limited options for English-speaking clients.

　　IBF also emphasizes education, offering various resources to help traders enhance their knowledge and skills:

• 　　Educational Resources: These include webinars, tutorials, and e-books covering essential trading concepts and strategies.

• 　　Market Analysis Services: Clients receive daily market analyses, news updates, and research reports to stay informed about market trends.

• 　　Trading Tools: IBF offers tools such as economic calendars, trading calculators, and signal services to assist traders in making informed decisions.

  　　

8. Regional Coverage and Restrictions

　　IBF primarily serves clients in Indonesia and has a presence in other Asian markets. The broker's regional offices are strategically located to support its operations.

• 　　Main Service Markets: Focused on the Indonesian market, with services extending to other Southeast Asian countries.

• 　　Regional Office Distribution: The main office is located in Bandung, Indonesia, with potential future expansions in other regions.

• 　　Countries/Regions Not Accepted: Specific countries where IBF does not accept clients were not explicitly mentioned in the sources but may include regions with regulatory restrictions.

• 　　Special Restrictions: Clients should check with IBF regarding any specific limitations that may apply to their region.

　　In conclusion, IBF Futures Broker presents a comprehensive trading environment for forex and CFD traders, backed by regulatory compliance and a range of trading products. While it offers various educational resources and customer support, potential clients should carefully evaluate the broker's conditions and ensure they align with their trading goals.