LABAFX Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.labafx.com/, the company's legitimate regulatory information IndonesiaBAPPEBTIRetail Forex License,IndonesiaJFXRetail Forex License, to enhance the security of the company's address Lippo Thamrin Office, 17th Floor Jl. M.H Thamrin Kav 20 Jakarta Pusat 10350.
LABAFX Forex Broker
Basic information
Indonesia
2-5 years Regulated in Indonesia Retail Forex License Retail Forex License Suspicious Scope of Business Medium potential riskCompany profile
LABAFX Information
LABAFX is an Indonesian registered brokerage founded in 2003. Currently, it offers 134 trading instruments for traders under the supervision of BAPPEBTl and JFX, and supports the use of the MT4 platform. The broker did not provide traders with specific information about accounts, fees and payment methods.
Pros and Cons
| Pros | Cons |
| Well regulated | No account information |
| 134 trading instruments | No cost information |
| Support MT4 | No payment method information |
Is LABAFX Legit?
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| BAPPEBTl | PT. LABA FOREXINDO BERJANGKA D/H PT. TRFX GARUDA BERJANGKA D/H GARUDA BERJAWelNGKA PT. D/H ASIA PACIFIC FUTURES | Retail Forex License | 661/BAPPEBTI/SI/IV/2005 | Regulated | |
| JFX | Laba Forexindo Berjangka | Retail Forex License | SPAB-084/BBJ/09/04 | Regulated |
What Can I Trade on LABAFX?
LABAFX offers 134 trading instruments for you to trade, including Forex, stock indices, individual stock CFDS, precious metals commodities and crude oil.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stock Indices | ✔ |
| Individual Stock CFDS | ✔ |
| Precious metals & Commodities | ✔ |
| Crude Oil | ✔ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
LABAFX offers two types of accounts: All-in-One Account, which offers 134 trading instruments; PrimeFX Account with higher leverage and lower commission fees.
LABAFX Fees
LABAFX only mentions that it offers low commission fees, without specifying specific figures.
Trading Platform
LABAFX offers the MT4 platform, which traders can freely use on desktop as well as mobile.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile | Beginner |
| MT5 | ❌ |
FX1518667510
New Zealand
The performance of LABAFX's trading platform is stable. I didn't encounter any technical issues such as system crashes or slow response times. The customer service at LABAFX is also decent. They were reliable and responsive to my inquiries and issues whenever I reached out to them.
Positive
2023-10-11