Score

7.27 /10
Good

IBF

Indonesia

5-10 years

Regulated in Indonesia

Retail Forex License

MT4 Full License

Global Business

C

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Comparison

Quantity 4

Exposure

Time Machine
Website

Score

Regulatory Index6.40

Business Index7.42

Risk Management Index9.69

Software Index8.68

License Index6.40

Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

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Company Name

PT. International Business Futures

Company Abbreviation

IBF

Platform registered country and region

Indonesia

Company website

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Linkedin

Company summary

Pyramid scheme complaint

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IBF · Company summary
IBF Review Summary
Founded2005
Registered Country/RegionIndonesia
RegulationBAPPEBTI, JFX
Market InstrumentsForex, Metals, Energies, Asian Index, US Index
Demo Account/
Leverage/
Spread/
Trading PlatformIBFTrader
Minimum Deposit/
Customer SupportTel: (022) 86061128

IBF Information

IBF, established in 2005, is regulated by both BAPPEBTI and JFX. It offers trading in Forex, Metals & Energies, Asian Index, and US Index. The broker utilizes segregated accounts for client funds and operates on its proprietary IBFTrader platform, accessible on both iOS and Android.

IBF Information

Pros and Cons

Pros Cons
  • Regulated by BAPPEBTI and JFX
  • Unclear fee structure
  • Offers segregated accounts
  • No MT4/MT5
  • No info on deposit and withdrawal

Is IBF Legit?

IBF has a Retail Forex License regulated by BAPPEBTI and the Jakarta Futures Exchange (JFX) in Indonesia.

Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
BAPPEBTIRegulatedIndonesiaRetail Forex License912/BAPPEBTI/SI/8/2006
Jakarta Futures ExchangeRegulatedIndonesiaRetail Forex LicenseSPAB-142/BBJ/08/05
license
license

What Can I Trade on IBF?

IBF offers trading in Forex, Metals, Energies, Index Asia (combined stock prices indicating market conditions), and US Index (reflecting the strength of the US Dollar).

Tradable Instruments Supported
Forex
Metals
Energies
Index Asia
US Index
Stocks
Cryptocurrencies
Bonds
Options
ETFs
Futures
assets

Account

IBF uses segregated accounts for all customer funds, as required by BAPPEBTI regulations. These accounts are held with major banks like Bank Central Asia (BCA) and Bank Mandiri.

Account Type

IBF Fees

IBF offers very low spreads for trading metals like Gold (XAU/USD) and Silver (XAG/USD), and there are no transportation and storage costs. However, there is no information provided about specific commission fees.

IBF Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
IBFTraderiOS, Android/
MT4/Beginners
MT5/Experienced traders
Trading Platform

User Reviews

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User comment

3

Comments

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FX1687518065
0-3months
kenalan saya ada buka 2 account yg dimana data sudah terverif. Account 1 loss, dan acc 2 profit , dari acc 2 itu saya berhasil WD 4x namun waktu mau WD sisanya ga bisa malah IBF masalahin data yg sudah di verif dan yg di WD itu sudah sejumlah modal dan profit, akun satu lagi pun sebenarnya ada sisa 1,9jt itu pun tidak bisa di tarik katanya. What a loss!
kenalan saya ada buka 2 account yg dimana data sudah terverif. Account 1 loss, dan acc 2 profit , dari acc 2 itu saya berhasil WD 4x namun waktu mau WD sisanya ga bisa malah IBF masalahin data yg sudah di verif dan yg di WD itu sudah sejumlah modal dan profit, akun satu lagi pun sebenarnya ada sisa 1,9jt itu pun tidak bisa di tarik katanya. What a loss!
Translate to English
2025-08-28 22:57
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aa_haq
more than one year
Transaction fee is too expensive: $50 per lot.
Transaction fee is too expensive: $50 per lot.
Translate to English
2023-07-17 09:50
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4