PT. Sentratama Investor Berjangka Forex Broker

SIBFX Forex Broker - Complete Information Guide

1. Overview of the Broker

　　SIBFX, officially known as PT Investor Sentratama Futures, was established in 2000 and is headquartered in Jakarta, Indonesia. The company operates as a private entity, providing a range of financial services primarily focused on forex and CFD trading. With over two decades of experience in the financial markets, SIBFX has developed a reputation for catering to both retail and institutional clients.

　　The broker's primary markets include foreign exchange, stock indices, commodities, and world market indices, aimed at a global clientele. SIBFX has achieved significant milestones since its inception, including regulatory compliance with Indonesia's Commodity Futures Trading Regulatory Agency (Bappebti). The company operates under a hybrid business model, offering both retail forex services and institutional solutions.

　　The SIBFX broker has continually adapted to the evolving financial landscape, enhancing its service offerings and technology to meet client demands. Its commitment to providing a user-friendly trading environment is evident through its support for popular trading platforms and a variety of financial instruments.

2. Regulatory and Compliance Information

　　SIBFX is regulated by the Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti), which is the Indonesian regulatory authority overseeing commodity futures trading. The broker holds a retail forex license with the regulatory number 09/Bappebti/SI/XII/2000. This license ensures that SIBFX adheres to the necessary regulations to protect client interests.

　　The scope of the regulatory license covers the trading of forex and CFDs, providing a level of assurance to clients regarding the safety of their investments. SIBFX implements a segregated accounts policy, ensuring that client funds are kept separate from the company's operational funds, thereby safeguarding client capital.

　　Additionally, SIBFX participates in investor compensation schemes in accordance with local regulations, providing an extra layer of protection for clients. The broker also adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that all client identities are verified and that transactions are monitored for suspicious activity.

3. Trading Products and Services

　　SIBFX offers a diverse range of trading products, primarily focusing on forex trading. The broker provides access to a variety of currency pairs, including major, minor, and exotic pairs, catering to different trading strategies. The exact number of forex pairs available can vary, but SIBFX is known for offering a comprehensive selection.

　　In addition to forex, SIBFX provides a range of CFD products, including:

• Stock indices: Allowing clients to trade on the performance of various stock market indices.
• Commodities: Offering trading options on essential commodities such as gold, oil, and agricultural products.
• World market indices: Enabling traders to speculate on the performance of global markets.

　　While SIBFX is primarily focused on these instruments, the broker is known to update its product offerings regularly, introducing new trading instruments as market demands evolve. The broker caters to retail clients with tailored services and also provides options for institutional clients, including managed accounts and white-label solutions.

4. Trading Platforms and Technology

　　SIBFX supports the MetaTrader 4 (MT4) trading platform, one of the most widely used platforms in the forex trading industry. MT4 is renowned for its extensive charting capabilities, technical analysis tools, and user-friendly interface, which enhances the overall trading experience. The platform also supports automated trading through Expert Advisors (EAs), allowing traders to implement their strategies without constant monitoring.

　　SIBFX does not currently offer a proprietary trading platform but focuses on providing a robust experience through MT4. The broker's trading services are accessible via web-based platforms and mobile applications, supporting both iOS and Android devices.

　　The execution model at SIBFX combines elements of both A-book and B-book trading, allowing for flexibility in order execution. The broker maintains a strong technological infrastructure, with servers located in strategic locations to ensure low latency and fast trade execution.

5. Account Types and Trading Conditions

　　SIBFX offers a standard account for retail traders, which includes the following trading conditions:

• Minimum deposit: Details on the minimum deposit requirement are not explicitly stated.
• Spread: Typically around 3 pips on major currency pairs.
• Commission: A commission of $50 per lot is charged for trades.

　　While SIBFX does not provide a variety of account types, it does offer a demo account for clients to practice trading strategies without risking real money. The maximum leverage available is 1:100, which is considered standard in the industry.

　　The broker's policies regarding overnight fees and minimum trade sizes are not extensively detailed, which may require potential clients to reach out directly for specific information.

6. Fund Management

　　SIBFX supports several deposit methods, primarily focusing on bank transfers. The broker does not currently accept credit cards or e-wallets, which may limit options for some traders. The minimum deposit requirements are not clearly defined for different account types, making it essential for clients to inquire directly for clarification.

　　Deposits are generally processed within a standard timeframe, although specific processing times are not provided. There are no stated fees for deposits, but clients should confirm this with the broker.

　　Withdrawals from SIBFX are also conducted via bank transfer, and the processing time for withdrawals may vary between 2 to 5 business days. The broker does not specify any fees associated with withdrawals, but this information should be confirmed through direct communication with their support team.

7. Customer Support and Educational Resources

　　SIBFX provides customer support through various channels, including phone, email, and an online contact form. The primary contact number is +62 21 2963 3383, and customer support can be reached via email at cs_support@sibfx.co.id. While the broker offers support primarily in Indonesian, English assistance is also available.

　　The service hours and coverage for customer support are aligned with the broker's operational hours, ensuring timely responses to client inquiries. SIBFX offers a range of educational resources, including webinars, tutorials, and market analysis reports, designed to help traders improve their skills and market understanding.

　　Additionally, traders have access to various trading tools, such as calculators and economic calendars, which can assist in making informed trading decisions.

8. Regional Coverage and Restrictions

　　SIBFX primarily targets the Indonesian market, with its services tailored to local traders. The broker has a physical presence in Indonesia, with its main office located in Jakarta. However, SIBFX does not accept clients from several countries, including the United States, Canada, Russia, Myanmar, Côte d'Ivoire, Cuba, Iran, Syria, Belarus, Congo, Iraq, Liberia, Sudan, Zimbabwe, and North Korea.

　　These restrictions are in place to comply with international regulatory standards and to mitigate risks associated with operating in regions with stringent financial regulations.

　　In conclusion, SIBFX is a well-established forex broker with a solid regulatory framework and a range of trading products. While it offers competitive trading conditions and a user-friendly platform, potential clients should carefully consider the broker's limitations and regional restrictions before opening an account.