Score

6.47 /10
Average

LABAFX

Indonesia

2-5 years

Regulated in Indonesia

Retail Forex License

Medium potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index6.40

Business Index5.37

Risk Management Index8.90

Software Index5.76

License Index6.40

Time Machine
Website

Licenses

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

Single Core

1G

40G

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WikiFX Risk Alerts
Previous Detection : 2024-11-11
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

LABAFX · Company summary
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
MT4Desktop, MobileBeginner
MT5
Trading Platform

User Reviews

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User comment

2

Comments

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Leo Perry
more than one year
In the calm waters of normal market hours, the spreads maintained a relatively low profile. This was enticing at first and even seemed advantageous. I still recall trading a pair such as the GBP/USD, and the spread was appealingly low at just 1.5 pips during regular market hours. However, the real issue began to unveil as the spreads would suddenly inflate without warning. The same spread for GBP/USD would jump to as high as 20 or even 30 pips. This sudden fluctuation was like an unpredictable wildfire,
In the calm waters of normal market hours, the spreads maintained a relatively low profile. This was enticing at first and even seemed advantageous. I still recall trading a pair such as the GBP/USD, and the spread was appealingly low at just 1.5 pips during regular market hours. However, the real issue began to unveil as the spreads would suddenly inflate without warning. The same spread for GBP/USD would jump to as high as 20 or even 30 pips. This sudden fluctuation was like an unpredictable wildfire,
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2023-10-12 11:27
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FX1518667510
more than one year
The performance of LABAFX's trading platform is stable. I didn't encounter any technical issues such as system crashes or slow response times. The customer service at LABAFX is also decent. They were reliable and responsive to my inquiries and issues whenever I reached out to them.
The performance of LABAFX's trading platform is stable. I didn't encounter any technical issues such as system crashes or slow response times. The customer service at LABAFX is also decent. They were reliable and responsive to my inquiries and issues whenever I reached out to them.
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2023-10-11 10:55
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