exfor Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 22:36

Abstract：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.

Exfor Review Summary
Founded	2004
Registered Country/Region	Malaysia
Regulation	LFSA
Market Instruments	Forex, metals, indices, energies, stocks
Demo Account	✅
Leverage	Up to 1:500
Spread	0.8 pips (EUR/USD)
Trading Platform	MT4, MT5
Minimum Deposit	$50
Customer Support	Live 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 Restriction	United 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.

Pros and Cons

Pros	Cons
LFSA regulation	Regional restriction
Various trading products	Limited payment options
MT4 and MT5 support	Only two account types
Demo account available
Islamic accounts available
Multiple channels of contact

Is Exfor Legit?

Regulated Authority	Labuan Financial Services Authority
Current Status	Regulated
Regulated Country	Malaysia
Regulated Entity	Exfor Limited
License Type	Straight Through Processing (STP)
License No.	MB/22 / 0099

What Can I Trade on Exfor?

Tradable Instruments	Supported
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

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
Standard	1:500
Pro	1:500

Exfor Fees

Account	Spread	Commission
Standard	From 0.9 pips	$0
Pro	From 0.4 pips	$0

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Windows, Mobile, Web	Beginners
MT5	✔	Windows, Mobile, Web	Experienced traders

Deposit and Withdrawal

	Deposit		Withdrawal
Payment Options	Minimum Deposit	Processing Time	Minimum Withdrawal	Processing Time
Bank Card	$50	Instantly	$10	Normally takes 3-5business days
Bank Transfer	$500		$500	Normally takes 3-5business days
Crypto	$50		$1	1-2 business days