Score

1.39 /10
Danger

LabaFX

Indonesia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Time Machine
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Score

Regulatory Index0.00

Business Index6.09

Risk Management Index0.00

Software Index4.00

License Index0.00

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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Broker Information

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Company Name

PT. Laba Forexindo Berjangka

Company Abbreviation

LabaFX

Platform registered country and region

Indonesia

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2025-12-13
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
  • The broker's claimed IndonesiaBAPPEBTI regulation (Regulation Number: 661/BAPPEBTI/SI/IV/2005) has not been verified. Please be alert to the risks!

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User Reviews

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User comment

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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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