Launched in 2005, FOREXimf is an Indonesian retail broker that is built on the core values of professionalism, education, and service. As a result, the broker offers a trading business system that should run in a transparent manner. They provide accurate information, ease of service, and completeness of transaction facilities to ensure the comfort and security of customers. They allow traders to buy and sell multiple financial assets — forex, commodities, futures, and more — using MetaTrader 4 and a proprietary mobile-based trading platform.
Pros / Cons
- Popular MT4 trading platform
- Educational resources
- Multiple financial markets
- Economic calendar & other trading tools
- Minimum deposit amount of $1,000
- Limited deposit/withdrawal methods
- No USA clients
In this detailed FOREXimf review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
FOREXimf is a trading broker that operates from Bandung, Indonesia. The broker provides traders with the popular MT4 trading platform to ensure seamless access to multiple financial markets. There is a plethora of learning materials and helpful trading tools on their website. They offer various competitive trading conditions, such as tight spreads, multiple payment methods, leverage of up to 1:400, and more.
FOREXimf or PT. International Mitra Futures is a futures brokerage company in Indonesia, which is officially regulated as a Futures Broker from the Commodity Futures Trading Regulatory Agency (BAPPEBTI).
FOREXimf.com is also a member of the Jakarta Futures Exchange (JFX) or the Jakarta Futures Exchange (JFX) and a member of the Indonesia Commodity and Derivatives Exchange (ICDX). To provide transaction security for each customer, FOREXimf.com is also a member of the Indonesian Clearing House (KBI) and Identrust Security International (ISI).
Our #1 Broker 2022
The broker offers its service to residents of countries and jurisdictions where the use of such services would not be contrary to local laws or regulations.
Some FOREXimf features and products mentioned within this FOREXimf review may not be available to traders from certain countries because of legal restrictions.
The broker gives traders access to perform all trading activities on the MT4 trading platform. The platform was launched in 2005 and has since grown to become one of FX traders’ most popular trading platforms. The MT4 trading platform features dynamic security systems, trading signals, real-time quotes, advanced charting, online streaming news, one-click trading, and more. FOREXimf’s clients can trade various financial instruments on the platform with ease. The broker makes the MT4 trading platform available in desktop, web, and mobile versions.
The broker also offers the QuickPro App, a proprietary trading platform that is available as a mobile app. The platform is packed with essential trading features and capabilities: Auto trading, signal trading, daily analysis, market insight, mathematical strategy, chart trading opportunities, and more.
FOREXimf Trading Tools
Traders are provided with a selection of useful standalone trading tools to help them get the most out of their trades. These tools include forex calculators, technical analysis, and an economic calendar that shows the schedule of future market events and their expected impacts on the financial markets.
There are a plethora of learning resources on the broker’s website. These educational materials are designed to help traders make knowledgeable trading decisions. They include weekly analysis, blog, news, forex dictionary, and an FAQ section that answers some of the clients’ most common questions.
The broker offers the following assets: forex, commodities, futures, and more.
FOREXimf Accounts & Fees
The broker offers four live trading account options. The account types and their corresponding minimum deposit requirements are as follows: Optima ($5,000), Easy400 ($1,000), Hero ($1,000), and FreeSwap ($1,000) accounts.
As broker fees can vary and change, additional fees may not be listed in this FOREXimf review. It is imperative to ensure that you check and understand all of the latest information before opening a FOREXimf broker account for online trading.
The broker provides traders with a responsive client support team, who are available 24/7 and can be reached via the following contact channels: telephone, fax, and social media.
FOREXimf Deposit & Withdrawal
The broker accepts bank transfers for both account deposits and withdrawals.
FOREXimf Account Opening
To open an account, click on the “Open Account” button at the top right corner of the broker’s website’s homepage. Fill in the account application form correctly, and then submit.
It is imperative to ensure that you clearly read all of the brokers terms, conditions, and policies when you are going through a broker application. Only proceed if you fully understand and agree to them.
FOREXimf is a multi-asset brokerage firm that operates in Indonesia. They allow clients to trade multiple financial instruments via the MT4 trading platform. They provide traders with competitive trading conditions, such as various account types, low spreads, leverage of up to 1:400, and more. A client support team is on hand to aid traders. BAPPEPTI in Indonesia regulates the broker.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose.