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exfor -

Score

2.18 /10
Danger

exfor

Malaysia

2-5 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

https://www.exfor.com

Influence

D

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Comparison

Quantity 5

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.42

Risk Management Index0.00

Software Index8.99

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

Exfor Limited

Company Abbreviation

exfor

Platform registered country and region

Malaysia

Company website

Facebook

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2026-03-27
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 5 for this broker. Please be aware of the risk!

WikiFX Verification

Exposure

5 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

broker not respond

The broker did not respond to emails and withdrawal requests

Habibi528
2024-12-18 11:21
Unable to Withdraw

bastard broker

Bastard broker steals my money. As long as you don't return my money, I'll keep making news so that no one gets fooled by dogs

Habibi528
2025-01-14 01:33
Unable to Withdraw

EXFOR BAJINGAN IS NOT RESPONSIBLE

THIEF PHOTO THAT STOLE MY MONEY‼️, DON'T LET ANYONE GET FOOLED, UNTIL MY MONEY IS RETURNED I WILL MAKE NEWS UNTIL THE BROKER IS OUT OF BUSINESS

Habibi528
2025-01-16 13:44
Unable to Withdraw

Withdrawal request

I have been requesting my withdrawal for days and neither the broker resolves it nor are they able to contact me. I hope someone from the team will get in touch with me.

bersekers
2025-05-10 00:20
Unable to Withdraw

Withdrawal Pending for

Withdrawal Pending for Over a Week – No Clear Communication I requested a withdrawal from my Exfor account over a week ago, and it is still showing as pending. My account is fully verified (ID and proof of address approved). I have contacted support and even spoken with a representative, but I am not receiving clear follow-up responses or a timeline for processing. I am simply requesting the release of my available balance. If there are any compliance or bonus-related conditions affecting this withdrawal, they should be clearly explained in writing. I expect transparency and timely processing of client funds. I will update this review once the issue is resolved.

FX3594879462
2026-02-19 02:21
exfor · Company summary
Exfor Review Summary
Founded2004
Registered Country/RegionMalaysia
RegulationLFSA
Market InstrumentsForex, metals, indices, energies, stocks
Demo Account✅
LeverageUp to 1:500
Spread0.8 pips (EUR/USD)
Trading PlatformMT4, MT5
Minimum Deposit$50
Customer SupportLive chat, contact form
Tel: +60 87 416 989
Email: Info@exfor.com
Social Media: LinkedIn, Facebook
Address: Office Suite 1629, Level 16 (A), Main Office Tower, Financial Park Complex, Jalan Merdeka, 87000 Labuan F.T.
Regional RestrictionUnited States, Israel, North Korea, Yemen

Founded in 2004, Exfor is a Malaysian brokerage regulated by the LFSA. Exfor offers forex, metals, indices, energies, and stocks, and also provides MT4 and MT5 professional platforms for trading. It provides two types of accounts and a demo as well as an Islamic account, with a minimum deposit of $50 and leverage up to 1:500. Besides, it does not provide services for residents from the US, Israel, North Korea, and Yemen.

info

Pros and Cons

ProsCons
LFSA regulationRegional restriction
Various trading productsLimited payment options
MT4 and MT5 supportOnly two account types
Demo account available
Islamic accounts available
Multiple channels of contact

Is Exfor Legit?

Regulated AuthorityLabuan Financial Services Authority
Current StatusRegulated
Regulated CountryMalaysia
Regulated EntityExfor Limited
License TypeStraight Through Processing (STP)
License No.MB/22 / 0099
license

What Can I Trade on Exfor?

Tradable InstrumentsSupported
Forex✔
Metals✔
Indices✔
Energies✔
Stocks✔
Bonds❌
Cryptocurrencies❌
ETFs❌

Account Type

Exfor offers two account types: Standard Account and Pro Account. Besides, a demo account and an Islamic account are also available.

Account Minimum Deposit
Standard$50
Pro$3000
Account Type

Leverage

For both Standard Account and Pro Account, the leverage is 1:500. The use of leverage can maximize profits and increase losses at the same time.

Account Leverage
Standard1:500
Pro1:500

Exfor Fees

Account SpreadCommission
StandardFrom 0.9 pips$0
ProFrom 0.4 pips$0

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Windows, Mobile, WebBeginners
MT5✔Windows, Mobile, WebExperienced traders
Trading Platform

Deposit and Withdrawal

DepositWithdrawal
Payment OptionsMinimum DepositProcessing TimeMinimum WithdrawalProcessing Time
Bank Card$50Instantly$10Normally takes 3-5business days
Bank Transfer$500$500
Crypto$50$11-2 business days
Deposit and Withdrawal

News

ExposureExfor Exposure: Investigating Alleged Withdrawal Denials, Illegitimate Account Closure & More

Exfor, a Malaysia-based forex broker, has allegedly been the centre of attention for all the wrong reasons. These include long-pending withdrawal denials, no communication or assistance from the broker’s customer support team, manipulated pricing upon a withdrawal request by the trader, and account blowups due to bonus-related issues. It’s the traders who allegedly bear the brunt of all these suspicious trading activities. A lot of them have criticized it on broker review platforms. We have highlighted some of their complaints in this Exfor review article. Take a look!

WikiFX
2026-03-06 20:20
Exfor Exposure: Investigating Alleged Withdrawal Denials, Illegitimate Account Closure & More

ExposureExfor Forex Scam Cases: Withdrawal Issues Exposed

Exfor clients face blocked withdrawals and no support response. Scam cases exposed—protect your funds and avoid this unregulated forex broker.

WikiFX
2026-02-19 17:33
Exfor Forex Scam Cases: Withdrawal Issues Exposed

NewsWikiFX Broker Assessment Series | Exfor: Is It Trustworthy?

In this article, we will conduct a comprehensive examination of Exfor, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.

WikiFX
2024-08-05 18:21
WikiFX Broker Assessment Series | Exfor: Is It Trustworthy?
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FX3594879462
0-3months
Withdrawal Pending for Over a Week – No Clear Communication I requested a withdrawal from my Exfor account over a week ago, and it is still showing as pending. My account is fully verified (ID and proof of address approved). I have contacted support and even spoken with a representative, but I am not receiving clear follow-up responses or a timeline for processing. I am simply requesting the release of my available balance. If there are any compliance or bonus-related conditions affecting this withdrawal, they should be clearly explained in writing. I expect transparency and timely processing of client funds. I will update this review once the issue is resolved.
Withdrawal Pending for Over a Week – No Clear Communication I requested a withdrawal from my Exfor account over a week ago, and it is still showing as pending. My account is fully verified (ID and proof of address approved). I have contacted support and even spoken with a representative, but I am not receiving clear follow-up responses or a timeline for processing. I am simply requesting the release of my available balance. If there are any compliance or bonus-related conditions affecting this withdrawal, they should be clearly explained in writing. I expect transparency and timely processing of client funds. I will update this review once the issue is resolved.
Translate to English
2026-02-19 02:21
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bersekers
6-12months
He estado desde hace dias solicitando mi retiro y ni el broker me resuelve ni son capaces de ponerse en contacto conmigo, yo espero que alguien del equipo se ponga en contacto conmigo
He estado desde hace dias solicitando mi retiro y ni el broker me resuelve ni son capaces de ponerse en contacto conmigo, yo espero que alguien del equipo se ponga en contacto conmigo
Translate to English
2025-05-10 00:20
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0
0
5