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FXGLOBE-Overview Guide of This Broker

LabaFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-17 14:39

Abstract:LABAFX is an Indonesian registered brokerage founded in 2003. Currently, it offers 134 trading instruments for traders under the supervision of BAPPEBTl and JFX, and supports the use of the MT4 platform. The broker did not provide traders with specific information about accounts, fees and payment methods.

LABAFXReview Summary
Founded2003
Registered Country/RegionIndonesia
RegulationRegulated
Market InstrumentsForex, Stock Indices, Individual Stock CFDS, Precious Metals Commodities and Crude Oil
Demo Account❌
Leverage/
Spread/
Trading PlatformMT4
Min Deposit/
Customer SupportPhone: +62 21 296 333 98
Email: support@labafx.com
Social Meida: Twitter, Facebook, Instagram, LinkedIn, WhatsApp
Physical Address: Lippo Thamrin Office, 17th Floor Jl. M.H Thamrin Kav 20 Jakarta Pusat 10350

LABAFX Information

  LABAFX is an Indonesian registered brokerage founded in 2003. Currently, it offers 134 trading instruments for traders under the supervision of BAPPEBTl and JFX, and supports the use of the MT4 platform. The broker did not provide traders with specific information about accounts, fees and payment methods.

LABAFX Information

Pros and Cons

Pros Cons
Well regulatedNo account information
134 trading instrumentsNo cost information
Support MT4No payment method information

Is LABAFX Legit?

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
Regulated Country
BAPPEBTlPT. LABA FOREXINDO BERJANGKA D/H PT. TRFX GARUDA BERJANGKA D/H GARUDA BERJAWelNGKA PT. D/H ASIA PACIFIC FUTURESRetail Forex License661/BAPPEBTI/SI/IV/2005Regulated
Regulated Country
JFXLaba Forexindo BerjangkaRetail Forex LicenseSPAB-084/BBJ/09/04Regulated
Is LABAFX Legit?
Is LABAFX Legit?

What Can I Trade on LABAFX?

  LABAFX offers 134 trading instruments for you to trade, including Forex, stock indices, individual stock CFDS, precious metals commodities and crude oil.

Tradable Instruments Supported
Forex✔
Stock Indices✔
Individual Stock CFDS✔
Precious metals & Commodities✔
Crude Oil✔
Indices❌
Stocks❌
Bonds❌
ETF❌

Account Types

  LABAFX offers two types of accounts: All-in-One Account, which offers 134 trading instruments; PrimeFX Account with higher leverage and lower commission fees.

LABAFX Fees

  LABAFX only mentions that it offers low commission fees, without specifying specific figures.

Trading Platform

  LABAFX offers the MT4 platform, which traders can freely use on desktop as well as mobile.

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, MobileBeginner
MT5❌
Trading Platform

  

Related broker

Regulated
LabaFX
Company name:PT. Laba Forexindo Berjangka
Score
6.52
Website:https://www.labafx.com/
2-5 years | Regulated in Indonesia | Retail Forex License | Suspicious biz area
Score
6.52

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