Main Score & Risk Matrix
FOREXimf is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.
FOREXimf sits in a moderate-risk zone. Traders should validate account terms, funding methods, and jurisdiction coverage before committing larger deposits.
FOREXimf is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.
FOREXimf, officially known as PT. International Mitra Futures, is a broker registered in Indonesia since 2004 and has been operational for nearly two decades. It offers trading in 18 currency pairs, gold, oil, and silver, with leverage up to 1:500 and spreads starting from 2.5 pips on the MetaTrader 4 platform and its proprietary QuickPro application.
FOREXimf is regulated by the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI) and the Indonesia Commodity and Derivatives Exchange (ICDX), ensuring compliance with local laws and safety for traders. Thus, it is considered a legal and relatively safe option for traders in the region.
In terms of reputation, FOREXimf is generally viewed positively in the market, with users praising its educational resources and responsive customer service. Most evaluations highlight smooth withdrawal processes, although some complaints about misleading trading signals have been noted. Overall, the broker maintains a solid standing among its users, emphasizing transparency and support within the trading community.
FOREXimf prioritizes the protection of client funds by holding them in independently regulated bank accounts, ensuring that they are kept separate from the broker’s own assets. This adherence to regulatory standards contributes to a secure trading environment for clients in Indonesia.
While specific details regarding participation in investor compensation funds or insurance schemes are not outlined, FOREXimf operates under the regulations of BAPPEBTI, which provides a framework for client fund protection, enhancing trader confidence and security.
FOREXimf generally receives positive feedback regarding its withdrawal process, with users frequently noting smooth and timely withdrawals. However, some complaints have emerged, particularly about misleading trading signals, which could indirectly affect perceptions of trustworthiness. Most evaluations highlight that withdrawal issues are rare, with no significant public complaints or regulatory penalties reported. The broker’s customer service is reported to be responsive, addressing concerns promptly. Overall, the lack of repetitive or large-scale complaints indicates a stable withdrawal environment, aligning with FOREXimf’s reputation as a safe and legitimate broker.
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A1: Yes, FOREXimf, officially known as PT. International Mitra Futures, is a legitimately regulated broker in Indonesia. It holds a Retail Forex License from the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI) and is also regulated by the Indonesia Commodity and Derivatives Exchange (ICDX).
A2: FOREXimf prioritizes the protection of client funds by holding them in independently regulated bank accounts, separate from the broker’s own assets. This practice ensures compliance with regulatory standards and contributes to a secure trading environment for clients.
A3: FOREXimf generally receives positive feedback regarding its withdrawal process, with users highlighting smooth and timely withdrawals. While some complaints about misleading trading signals have been noted, withdrawal issues are rare and the broker’s customer service is reported to be responsive.
A4: You can contact FOREXimf through their customer support phone number at +62 022 – 426 6000 or via email at support@foreximf.com. They also provide support through their official website.
A5: FOREXimf offers a variety of educational resources, including live trade sessions and access to trading insights through their QuickPro application. Users have praised these resources for enhancing their trading skills and understanding of the market.