FOREXimf
FOREXimf Broker Overview
Here is every key fact about FOREXimf in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | FOREXimf |
|---|---|
| Broker name | FOREXimf |
| Foundation year | 2014 |
| Headquarters | Multivision Tower Lt. 20Kuningan Mulia Lot 9BKompleks Kuningan PersadaJakarta 12980, Indonesia |
| Country | Indonesia |
| Telephone | 021- 29380500 |
| Email / Skype | support@foreximf.com |
| Regulated by | — |
| Type of broker | ECN /STP |
| Min. deposit | $100 |
| Max leverage | 1:500 |
| Min. spreads | 0.1 Pips |
| Funding methods | Wire Transfer, Perfect Money, OKPAY, Fasapay, Neteller, Skrill and Credit Card. |
| Withdrawal methods | Wire Transfer, Perfect Money, OKPAY, Fasapay, Neteller, Skrill and Credit Card. |
| Base currencies | USD |
| Languages | Indonesian |
| Trading platforms | Meta trader 4 |
| Web trading | ✗ No |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✗ No |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | yes |
In simple words: traders get Meta trader 4, spreads from 0.1 Pips, leverage up to 1:500 and a $100 minimum deposit. New clients can also check the current yes.
Is FOREXimf Safe? Regulation and Company Details
FOREXimf does not list a regulator on its profile, so treat it as an unregulated broker. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
No regulator is listed on the broker profile.
Head office
Multivision Tower Lt. 20Kuningan Mulia Lot 9BKompleks Kuningan PersadaJakarta 12980, Indonesia (Indonesia)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2014. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500.
FOREXimf Trading Conditions
Spreads and commissions
FOREXimf spreads start from 0.1 Pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
Meta trader 4
Desktop platform
Trading styles allowed
News trading is allowed — good news for short-term traders. Hedging, scalping are not allowed. Mobile trading is available.
This FOREXimf review covers fees, platforms and bonuses.
Official website: FOREXimf
FOREXimf Account Types
FOREXimf offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $100 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at FOREXimf
FOREXimf supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
FOREXimf Bonus and Promotions
Bonuses are a big reason traders search for FOREXimf. Availability depends on your country and the account type.
- yes — the current promotion for FOREXimf clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official FOREXimf website before accepting any offer.
FOREXimf Pros and Cons
Pros
- yes
- Low $100 minimum deposit
- Spreads from 0.1 Pips, ECN /STP execution
- Meta trader 4
- Islamic, mini, VIP and managed accounts
- 6 deposit and withdrawal methods
- Free demo account
Cons
- Hedging and scalping not allowed
- No web trading
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open an FOREXimf Account
- RegisterFill in your name, email, country and phone number on the FOREXimf sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT4).
- Fund and tradeDeposit from $100 with your preferred method, claim any eligible bonus, then log in and start trading.
About FOREXimf
FOREXimf Review: Overview
FOREXimf is a forex broker founded in 2014 and based in Indonesia. It operates as an ECN/STP broker, which means client orders are passed to liquidity providers rather than being handled only in-house. The company's head office is located at Multivision Tower, Lt. 20, Kuningan Mulia, Lot 9B, Kompleks Kuningan Persada, Jakarta 12980, Indonesia.
The broker targets retail traders who want access to MetaTrader 4, a range of account types and several local and international payment methods. Its main trading conditions include a minimum deposit of 100, leverage of up to 1:500 and spreads from 0.1 pips. Account base currency is USD.
The official website is available in Indonesian. You can visit it here: FOREXimf.
Risk warning: trading forex and CFDs on leverage carries a high risk of losing money. Leverage magnifies both gains and losses, so only trade with funds you can afford to lose.
Regulation and Safety
When you choose a broker, the most important question is how your money is protected. FOREXimf states that it segregates client funds, which means client money is kept separate from the company's own operating money. This is a common safeguard, but it does not remove all risk. If the broker became insolvent, segregation alone would not guarantee full recovery of your funds.
The details of any financial regulator that supervises FOREXimf, including the licence type and licence number, are not included in the information available for this review. Do not rely on a licence claim you have not verified yourself. Before opening an account, check the footer of the official website, look for the regulator's disclaimer and search the regulator's public register using the exact company name and address shown on the site.
Also read the client agreement, the order execution policy and the withdrawal rules. These documents explain how disputes, negative balances, margin calls and fees are handled.
Account Types
FOREXimf offers a broader range of account types than many brokers of its size. According to the available information, the broker provides:
- Mini accounts, which are designed for traders who want to start with smaller position sizes.
- VIP accounts, aimed at more active or higher-volume clients.
- Islamic accounts, which are swap-free accounts structured to suit traders who do not pay or receive overnight interest for religious reasons.
- Swap-free accounts, which do not charge overnight financing on open positions.
- Managed accounts, where trading may be handled by a professional manager on the client's behalf.
Because the specific requirements for each account type, such as minimum deposits, commissions and conditions for managed accounts, are not fully described here, check the account comparison page on the official website before choosing one.
If you are new to trading, FOREXimf also offers a free demo account. A demo account lets you test strategies, learn the platform and see how leverage affects your positions without risking real money. Spend enough time on the demo before moving to a live account.
Trading Platforms
FOREXimf offers MetaTrader 4 as its trading platform. MetaTrader 4 is one of the most widely used platforms in retail forex. It supports charting, technical indicators, automated trading tools and order types that suit many trading styles.
The broker supports mobile trading, so you can manage positions from a smartphone or tablet. However, web trading is not offered, so you cannot trade directly in a browser without installing software. If you prefer browser-based trading, this may be a limitation.
Some traders also look for platforms other than MetaTrader 4, such as cTrader or proprietary apps. FOREXimf does not offer these according to the information available here.
Spreads, Fees and Leverage
FOREXimf quotes spreads from 0.1 pips. The spread is the difference between the buy and sell price, and it is one of the main trading costs. Actual spreads can widen during volatile market conditions, news releases and periods of low liquidity, so the minimum figure is not the cost you will always pay.
Maximum leverage is up to 1:500. High leverage allows you to control a large position with a small amount of capital, but it also increases the risk of rapid losses. Leverage may be lower depending on your country of residence and the account type you choose. Beginners should consider using much lower effective leverage than the maximum offered.
Commission structures, overnight swap rates for standard accounts and any other fees should be checked on the official website before you deposit. Fee details can change, and the cost of trading depends heavily on your strategy and volume.
Trading Rules
FOREXimf has some restrictions that matter for certain strategies. Hedging and scalping are not allowed. Hedging means holding opposite positions on the same instrument, and scalping usually means opening and closing many short-term trades. If your strategy relies on either, FOREXimf may not be a suitable fit.
News trading is allowed, which is useful for traders who react to economic releases. Keep in mind that news events often cause sharp price moves and wider spreads, which increases risk.
Deposits and Withdrawals
FOREXimf accepts deposits by the following methods:
- Wire Transfer
- Perfect Money
- OKPAY
- Fasapay
- Neteller
- Skrill
- Credit Card
Withdrawals are available through the same seven methods. Using the same channel for deposits and withdrawals is a useful habit, as it makes it easier to track your funds and reduces the risk of payment disputes.
The minimum deposit is 100. Before you deposit, check whether your payment provider or bank charges any fees, and confirm the processing times for withdrawals on the official website. Processing times and any limits can vary by method.
Bonuses
FOREXimf offers a welcome bonus and other promotions. The broker does not offer a no-deposit bonus according to the information available here. Promotional details such as bonus amounts, eligibility, trading volume requirements and withdrawal conditions are not included in this review, and these terms can change.
Bonuses can be useful, but they often come with conditions that affect when and how you can withdraw funds. Read the full bonus terms before accepting any offer. Ask yourself whether you would still want to open the account without the bonus.
Customer Support
FOREXimf's website is available in Indonesian, which may be a barrier for traders who do not read the language. Before opening an account, check which languages the support team uses, what contact channels are available and what the response times are. Test the support team with a question before depositing, so you can judge how helpful they are.
Pros and Cons
Pros
- ECN/STP execution model, established in 2014
- Low minimum deposit of 100
- Spreads from 0.1 pips
- Leverage up to 1:500, subject to country and account type
- MetaTrader 4 with mobile trading
- Free demo account
- Range of account types, including Islamic, swap-free, mini, VIP and managed accounts
- Segregated client funds
- Seven deposit methods and the same seven withdrawal methods
- News trading is allowed
Cons
- No web trading
- Only MetaTrader 4 is listed as a platform
- Hedging and scalping are not allowed
- Website available only in Indonesian
- No no-deposit bonus
- Regulatory details are not included in this review and must be checked independently
- Bonus terms are not detailed here and should be read carefully
Verdict
FOREXimf presents a reasonable offer for traders who want MetaTrader 4, a low minimum deposit, tight starting spreads and a selection of account types, including Islamic and swap-free options. Its segregated client funds, free demo account and wide choice of payment methods are positives. The main drawbacks are the lack of web trading, the restrictions on hedging and scalping, the Indonesian-only website and the absence of detailed regulatory information in this review.
Before opening an account, verify the regulatory status yourself, read the full terms of any bonus, confirm the current spreads and fees, and test the demo account. Trading forex and CFDs on leverage carries a high risk of losing money, so start with a small amount and manage your risk carefully.
Frequently Asked Questions
What is the minimum deposit at FOREXimf?
The minimum deposit at FOREXimf is 100. Check the official website to confirm the currency and any
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose FOREXimf?
FOREXimf offers a $100 entry cost, MT4 platforms and a track record since 2014.
FOREXimf suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
