Score

6.82 /10
Average

FOREXimf

Indonesia

5-10 years

Regulated in Indonesia

Retail Forex License

B
C

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index6.40

Business Index7.37

Risk Management Index9.68

Software Index5.76

License Index6.40

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

PT. International Mitra Futures

Company Abbreviation

FOREXimf

Platform registered country and region

Indonesia

Company website

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Company summary

Pyramid scheme complaint

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FOREXimf · Benchmark
Average transaction speed(ms)
800.8 Poor
The highest transaction speed(ms)
608 Poor
The highest speed of opening positions(ms)
649 Poor
The highest speed of closing position(ms)
608 Poor
The lowest speed of opening positions(ms)
906 Great
The lowest speed of closing position(ms)
1098 Good
Ranking: 93 / 130
Test user 292
Transactions 1,048
Ocuppied margin $252,194 USD
Data Source WikiFX Data provide
Updated: 2025-06-30 01:06:00
Pyramid scheme complaint
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FOREXimf · Company summary
FOREXimf Review Summary
Founded2004
Registered Country/RegionIndonesia
RegulationBAPPEBTI, ICDX
Market Instruments18 currency pairs, gold, oil, silver
Demo Account
LeverageUp to 1:500
SpreadFrom 2.8 pips (Classic Account)
Trading PlatformMetaTrader 4 (MT4), QuickPro Mobile App
Minimum DepositRp. 250,000
Customer SupportPhone: 022 - 426 6000
Fax: 022 - 426 6001
Address: Asia Africa Tower 12th Floor, Jl. Asia Africa No.133–137, Bandung

FOREXimf Information

FOREXimf (PT. International Mitra Futures) was established in 2004 and is completely regulated in Indonesia by the BAPPEBTI and ICDX. It provides currency and commodity trading through MT4 and its proprietary QuickPro software. With swap-free accounts and beginner-friendly conditions, it's a good option for local traders, however the product selection is restricted.

FOREXimf's homepage

Pros and Cons

ProsCons
Regulated by BAPPEBTI & ICDXLimited product range (no cryptos, stocks)
Demo accounts availableNo MT5 or advanced desktop platform
Low fees with free swapLimited deposit methods

Is FOREXimf Legit?

Yes, FOREXimf (PT. International Mitra Futures) is a legitimately regulated broker in Indonesia. It holds a Retail Forex License from BAPPEBTI (License No. 736/BAPPEBTI/SI/6/2005) and from ICDX (License No. 073/SPKB/ICDX/Dir/II/2012).

Regulated by BAPPEBTI
Regulated by ICDX

What Can I Trade on FOREXimf?

FOREXimf provides a focused set of tradable assets, including 18 currency pairings, gold, oil, and silver. It also allows for multilateral trading via the exchange, but does not presently provide cryptocurrency, equities, or ETFs.

Tradable InstrumentsSupported
Forex
Gold & silver
Oil
Indices
Stocks
Cryptos
Bonds
Options
ETFs
What Can I Trade on FOREXimf?

Account Type

FOREXimf provides two types of live accounts: Gold and Classic. Both include free swapping, MetaTrader 4, and beginner-to-pro trading capabilities. The broker also provides demo accounts, but does not offer Islamic (swap-free) accounts separately—since both real accounts already have swap-free conditions.

Account TypeMinuu DepositMaximum LeverageSpreadCommission SwapSuitable for
GoldRp. 5,000,0001:500From 1.0 pips (XAUUSD)From $0.07 per 0.01 lotFreeExperienced traders, gold-focused traders
ClassicRp. 250,000From 2.8 pipsFrom $0.01 per 0.01 lotBeginners, low-capital traders
Account comparison

Leverage

FOREXimf provides leverage of up to 1:500 on both account categories (Gold and Classic). This high leverage enables traders to hold larger positions with a smaller investment, which can boost earnings while greatly increasing the chance of loss.

FOREXimf Fees

Overall, FOREXimf's fees are competitive with industry norms. It has narrow spreads, minimal commissions, and no swap charges, making it appealing to both beginners and experienced traders.

Trading Fees

Account TypeSpreadCommissionSwap
GoldFrom 1.0 pips (XAUUSD)From $0.07 per 0.01 lotFree
ClassicFrom 2.8 pipsFrom $0.01 per 0.01 lot

Non-Trading Fees

Non-Trading Fee TypeFee
Deposit Fee
Withdrawal Fee
Inactivity FeeNot mentioned

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 4 (MT4)Windows, macOS, Android, iOSBeginners
QuickPro AppAndroid-
MetaTrader 5 (MT5)-Experienced traders
Trading Platform

Deposit and Withdrawal

FOREXimf does not impose deposit or withdrawal fees; rather, the client is responsible for bank administrative expenses. The minimum deposit varies by account type, starting at Rp. 250,000 (Classic account).

Payment MethodMinimum DepositDeposit/Withdrawal FeeDeposit TimeWithdrawal Time
Bank Transfer (IDR)Rp. 250,000Within same day (upon receipt & validation)Processed within 1 business day (before 12:00 WIB)
Bank Transfer (USD)Equivalent in USD
Deposit and Withdrawal

News

NewsGOLD GOING TO $2000?

Gold Trading: As predicted by many market players, the Fed has finally raised its interest rate again by 25 bps. However, there is an anomaly where even though the Fed's interest rate has increased, the price of gold has actually increased.

WikiFX
2023-08-04 10:50
GOLD GOING TO $2000?

News5 WAYS TO LIMIT THE RISK OF FOREX TRADING THAT ARE STILL FREQUENTLY FORGOTTEN

Forex trading is one of the most popular forms of investment in the world, especially amongst young people. It is relatively low-cost, available 24 hours a day, and can be accessed from both mobile devices and computers. Anyone with a mobile phone and 10 dollars to spare can get involved.

WikiFX
2023-04-06 10:18
5 WAYS TO LIMIT THE RISK OF FOREX TRADING THAT ARE STILL FREQUENTLY FORGOTTEN

NewsTRADER IS PROHIBITED TO COMPARE YOURSELF WITH OTHER TRADER, WHY?

Trading on your own is the best way to experience your success and failure. Although most traders are ultra-competitive by nature, comparing yourself to other traders is not in your best interest. In the world of work, newcomers are bound to be compared to old people.

WikiFX
2023-02-21 10:13
TRADER IS PROHIBITED TO COMPARE YOURSELF WITH OTHER TRADER, WHY?

News4 TIPS TO SURVIVE THE MARKET CRASH

A stock market crash is usually defined by a drop of at least 10% on a stock exchange or major stock index within a single trading day. This usually starts within a particular sector or industry but can expand to the wider stock market, depending on the situation.

WikiFX
2023-02-21 10:04
4 TIPS TO SURVIVE THE MARKET CRASH

User Reviews

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Dania2928
more than one year
Saya suka perasaan aman saat mau WD sejauh ini FOREXimf tdk pernah gagal bayar atau mempersulit. Banyak juga sarana edukasi yang ditawarkan ada live trade, channel, VIP. Biayanya lumayan tipis di banding broker luar lain. Yang penting ada perasaan aman karena saya tau kantornya juga dimana. Terutama aplikasi QuickPro saya suka sekali bener2 praktis membantu saya trading.
Saya suka perasaan aman saat mau WD sejauh ini FOREXimf tdk pernah gagal bayar atau mempersulit. Banyak juga sarana edukasi yang ditawarkan ada live trade, channel, VIP. Biayanya lumayan tipis di banding broker luar lain. Yang penting ada perasaan aman karena saya tau kantornya juga dimana. Terutama aplikasi QuickPro saya suka sekali bener2 praktis membantu saya trading.
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2024-08-27 14:58
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Rendy5143
more than one year
Broker resmi terpercaya dan sangat edukatif. Saya sangat terbantu dengan aplikasi Quickpro By foreximf yang memiliki fitur super lengkap
Broker resmi terpercaya dan sangat edukatif. Saya sangat terbantu dengan aplikasi Quickpro By foreximf yang memiliki fitur super lengkap
Translate to English
2024-07-05 12:09
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