Forex IBF Trading Broker Review

Performance Matrix

Main Score & Risk Matrix

#185

Score

7.3

Excellent

IBF 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.

License 7.5

Business 6.8

Risk Control 7.1

Software 7.8

Regulatory 7.3

Terminal Snapshot

IBF Trading Conditions

Registered Region Indonesia

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@ibftrader.com

Contact Number +6202286061128

Website ibftrader.com

Balanced Review

Pros & Cons

Pros

Regulated by BAPPEBTI and Jakarta Futures Exchange
Diverse trading instruments: Forex, commodities, indices, stocks, and cryptocurrencies
Advanced trading platforms: MT4, web version, and mobile app
Customer support available through multiple channels
Segregated accounts for client fund protection

Cons

Limited selection of trading assets compared to competitors
Absence of tier-1 regulation may raise concerns about reliability
Unclear fee structure could lead to confusion
Limited deposit and withdrawal options
Mixed user reviews regarding trust and service quality

Compliance Desk

Regulatory Licenses

9.2/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	IBF	CFForex	Mahadana	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Indonesia	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	7.3/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does IBF Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Real MT4 Account	Forex traders	Floating spreads, access to diverse markets	Suitable for various trading strategies
Real IBF Trader Account	Forex traders	Similar to MT4, proprietary platform access	Designed for those preferring proprietary tools
Demo Account	Beginners	Virtual trading environment, practice trading	Great for skill development without risk

Account Opening Process

To open an account with PT. International Business Futures (IBF), clients must complete a straightforward process. Initially, they will need to provide personal, employment, and financial information. The next step involves identity verification, which typically requires submitting an ID and proof of address. Once the account is set up, traders have the flexibility to upgrade to more advanced account types, such as a professional account, as their trading experience and requirements evolve.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Floating	$0	No additional commission for trades
Forex (Minor Pairs)	Floating	$0	No additional commission for trades
CFDs (Stocks, Indices, Commodities)	Floating	$0	No additional commission for trades
Cryptocurrencies	Variable	$0	Market-dependent pricing

Other Fees

When trading with IBF, clients may encounter various fees, including deposit and withdrawal fees, which are not charged by the broker. However, it’s essential to note that there may be charges from banks involved in transactions. Additionally, there may be inactivity fees for dormant accounts, overnight interest (swap rates) applicable on leveraged positions, and currency conversion fees if trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

IBF 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.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

IBF User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

20%

4 star

60%

3 star

12%

2 star

4%

1 star

4%

Andi Setiawan

Jakarta

★ ★ ★ ★ ★

I faced significant issues with withdrawals at IBF. After several attempts to withdraw my funds, I was met with constant delays and requests for additional documentation despite already having verified my identity. It’s frustrating and has left me feeling like I’ve been scammed. I do not recommend this broker.

Siti Nurhaliza

Bandung

★ ★ ★ ★ ★

The trading platform is decent, but customer support has been incredibly unresponsive. I reached out multiple times for assistance with my account but received no help, which is disappointing. The fees are also unclear, leading to unexpected costs. I expected better from a regulated broker.

Rudi Prasetyo

Surabaya

★ ★ ★ ★ ★

I’ve been trading with IBF for a few months now. The MT4 platform is user-friendly and offers all the tools I need for my trading strategies. The variety of instruments available is impressive, and I appreciate the quick execution of my trades. Overall, a solid experience so far.

Dewi Lestari

Yogyakarta

★ ★ ★ ★ ★

IBF has been a great choice for my trading needs. The customer support is responsive and helpful, and I love the mobile app for trading on the go. I feel secure knowing that my funds are in segregated accounts. Highly recommend this broker for both new and experienced traders!

Indonesia Market