FOREXimf Review 2026

Item: FOREXimf
Rating: 4.68
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: May 10, 2026

Top Brokers Overview — United States

Min. deposit IDR100,000
Fees 5 /10
Account types 5 /10
Regulation 5.8 /10

4.7 /10

High risk

FOREXimf User Reviews 7.3
Commissions and Fees 5.0
Regulation and Safety 5.8
Account Types 5.0
Deposit and Withdrawal 3.5
Markets and Tradable Assets 3.0
Trading Account Opening 7.0
Customer Support 5.0

FOREXimf Pros & Cons

Demo account and a low deposit on two of four live account types provide an easy start for novice traders;
Spreads and fees are market average or lower; traders can choose their preferred working conditions;
Flexible leverage is enough for any trading style;
MetaTrader 4 and the proprietary QuickPro mobile app are provided;
Education ranges from webinars and YouTube videos to eBooks and other text materials;
Wide analytics that includes reviews of technical issues, forecasts from leading experts, and regularly updated newsfeeds;
Technical support is highly competent and is available via four communication channels;
The broker is regulated by BAPPEBTI (the Commodity Futures Trading Supervisory Agency, or CoFTRA).

There are not many assets and the broker is mostly focused on currency pairs, not metals or energies;
Alternative income options include a raw copy trading service with a small number of signal providers;
Traders outside Indonesia are hardly comfortable working with the broker.

TU Expert Verdict

FOREXimf carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

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FOREXimf User Reviews

Score:

7.3 /10

3 total

5-star

33%
4-star

0%
3-star

67%
2-star

0%
1-star

0%

I was recommended to try this broker. Registration was quick but choosing an account type took a long time. Eventually, I decided on the Low Spread account. Spreads of only 0.3 pips are just excellent. I wasn’t surprised by a $10 fee, since as far as I know many brokers have about the same values. I didn’t have to choose the platform, since MetaTrader 4 is my favorite. I have always worked on it and will continue using it. Currently, I like almost everything. However, I wish there were more assets. Also, I was surprised by the ban on scalping, as I have never seen that before. Otherwise, everything is on a good level. Trades can be of almost any size and are executed quickly. Leverage is up to 1:500. Analytical materials are very helpful. They provide for the preliminary assessment of the market, and then you rely on your own experience.

This is the first broker I have worked with for over a year. This is not because it’s perfect — there are none. It’s because it is comfortable and friendly. The minimum deposit on my account type is IDR 350,000, which is a little over $22. The company charges reasonable trading fees and there are no withdrawal fees. I focus on swing trading and I haven’t noticed any restrictions or obstacles. I contacted technical support only once and the situation was resolved within minutes. I withdraw my money to a bank account. This is perhaps the broker’s disadvantage since you can’t use many popular methods, such as bank cards, electronic transfers, or crypto wallets. Also, I was disappointed with the copy trading service. There is still much to be done to make traders like it. The broker claims to have a partnership program, but there is none. I’m saying that all such companies have their disadvantages. But since the advantages of FOREXimf prevail, I’m going to keep trading with it.

I was looking for a regulated Indonesian broker. They are rare. FOREXimf’s activities are supervised by BAPPEBTI, which was enough to convince me of its reliability. Also, education, both basic and advanced, was very important for me. Here, I found everything necessary and began to understand trading much better. I consolidated theoretical knowledge on a demo account and have been trading quite successfully on a live account for 1.5 months already. Low trading fees also contribute to my success. And, of course, the QuickPro mobile app is of great importance here. It is a real gem for me because it is clear, and there are many important features, charts, and indicators. I use leverage up to 1:10, as I don’t want to take large risks. I think that big losses don’t boost your self-confidence. I will stay with FOREXimf and strongly recommend it to everyone.

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Commissions and Fees

Score:

5 /10

The trading and non-trading commissions of FOREXimf have been analyzed and rated as having Medium fees, with a fees score of 5/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

No inactivity fee
No deposit fee
No withdrawal fee

Above-average Forex trading fees
No ECN/Raw Spread account

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of FOREXimf with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, FOREXimf’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

FOREXimf Standard spreads
	FOREXimf	OANDA	FOREX.com
EUR/USD min, pips	0.9	0.1	0.7
EUR/USD max, pips	1.4	0.5	1.2
GPB/USD min, pips	1.0	0.1	0.9
GPB/USD max, pips	1.8	0.5	1.4

Does FOREXimf support RAW/ECN accounts?

As we discovered, FOREXimf does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with FOREXimf. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

FOREXimf Non-Trading Fees
	OANDA	FOREX.com
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0-15	0
Inactivity fee ($, per month)	0	15

Is FOREXimf Safe?

Score:

5.8 /10

FOREXimf has a safety score of 5.8/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Is regulated

Not tier-1 regulated

FOREXimf Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
Abbreviation BAPPEBTI	Full Name Badan Pengawas Perdagangan Berjangka Komoditi (Commodity Futures Trading Regulatory Agency)	Country of regulation Indonesia	Investor Protection Fund No specific fund	Regulation Level Tier-2

FOREXimf Security Factors
Foundation date	-
Negative balance protection	No
Verification (KYC)	Yes

Account Types

Score:

5 /10

FOREXimf offers the following account options: Demo, Standard.

However, FOREXimf does not provide an ECN account with direct market access, which may be a drawback for experienced traders or scalpers seeking the lowest spreads.

Low minimum deposit
Standard account with balanced trading conditions
Demo account

No VIP account option
No Swap Free account

FOREXimf account types vs top competitors
	FOREXimf	Trading.com	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	No	No	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	No	Yes
VIP	No	No	No
Managed	No	No	No

FOREXimf accounts trading conditions

Choosing an account type is a priority at the start. The best account types for small capital are Ultra Lite and Low Spread. Also, they are the best option for novice traders. Lite Pro and Low Spread Pro are designed for experienced market participants aimed at large trades. The broker offers the popular MetaTrader 4 platform and its proprietary QuickPro app. Traders decide what is more convenient for them by comparing the solutions. Leverage is another parameter to choose. It’s up to you to set a moderate value up to 1:10 and trade without enormous risks or go all-in by setting 1:50, 1:100, or even 1:500.

Account types:

Account Type	Description
Ultra Lite	The minimum deposit is IDR 350,000. Spreads start at 1.8 pips and trading fees are $1 per lot. Leverage is flexible from 1:1 to 1:500, trade volume is up to 10 lots, and stop out is 100%.
Low Spread	The minimum deposit is IDR 350,000. Minimum spreads are 0.3 pips and trading fees are $10 per lot. Leverage is up to 1:500, the maximum trade volume is 20 lots, and stop out is 100%.
Lite Pro	The minimum deposit is IDR 3,500,000. Spreads start at 1.8 pips and trading fees are $1 per lot. Leverage is flexible from 1:1 to 1:100, trade volume is up to 50 lots, and stop out is 20%.
Low Spread Pro	The minimum deposit is IDR 3,500,000. Minimum spreads are 0.3 pips and trading fees are $10 per lot. Leverage is up to 1:100, the maximum trade volume is 50 lots, and stop out is 20%

Deposit and Withdrawal

Score:

3.5 /10

FOREXimf received a Low score for the efficiency and convenience of its deposit and withdrawal processes.

FOREXimf offers limited payment options and accessibility, which may impact its competitiveness.

Minimum deposit below industry average
No withdrawal fee
No deposit fee
Low minimum withdrawal requirement

Only major base currencies available
USDT payments not accepted
BTC not available as a base account currency

What are FOREXimf deposit and withdrawal options?

FOREXimf offers a limited selection of deposit and withdrawal methods, including Bank Wire. This limitation may restrict flexibility for users, making FOREXimf less competitive for those seeking diverse payment options.

FOREXimf Deposit and Withdrawal Methods vs Competitors
	FOREXimf	Trading.com	Plus500
Bank Wire	Yes	Yes	Yes
Bank card	No	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	No	No	No

What are FOREXimf base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. FOREXimf supports the following base account currencies: USD, IDR.

What are FOREXimf's minimum deposit and withdrawal amounts?

The minimum deposit on FOREXimf is IDR100,000, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FOREXimf’s support team.

Markets and Tradable Assets

Score:

3 /10

FOREXimf offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 36 Forex pairs.

Multiple markets

Futures not available
Bonds not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by FOREXimf with its competitors, making it easier for you to find the perfect fit.

	FOREXimf	Trading.com	Plus500
Currency pairs	36	69	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.		69	2800
Stocks	No	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	No	No	Yes
Stock indices	No	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products FOREXimf offers for beginner traders and investors who prefer not to engage in active trading.

	FOREXimf	Trading.com	Plus500
Bonds	No	No	No
ETFs	No	No	Yes
Copy trading	No	No	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

7 /10

We successfully registered an account with FOREXimf in 8 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at FOREXimf is IDR100,000.

Overall, the account setup process is efficient and suitable for most traders.

Fast registration time (up to 15 minutes)
Quick KYC verification (1 business day or less)
Fully online account opening process

Account setup process may feel less convenient for beginners

FOREXimf account opening
	FOREXimf	Trading.com	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	IDR100,000	$50	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	8	20	5
KYC time (days)	1	2	3

Is FOREXimf available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

The registration process comprises several stages. It is simple and causes no difficulties.

Click the “Register” button in the upper right corner. Also, you can click the “Open Live Account” button.
Provide your name, email, and WhatsApp number. Agree to the Privacy policy by ticking the box and click the “Create Account” button.
An SMS with a 6-digit code is sent to your WhatsApp number. Enter it in the corresponding field.

Next, provide more information about yourself and pass verification. Upon logging into your user account, register an Ultra Lite, Low Spread, Lite Pro, or Low Spread Pro account and make a deposit. Download the appropriate version of MetaTrader 4 or the QuickPro mobile app, and start trading.

Customer Support

Score:

5 /10

Customer support at FOREXimf is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. FOREXimf provides basic support functionality but does not stand out in overall service performance.

Information

Traders often have questions due to their inattentiveness or insufficient information on the broker’s website. Also, certain problems with trading, deposits, or withdrawals may occur. In any situation, traders contact technical support. If managers give comprehensive and timely responses, the broker’s clients are satisfied and stay with it. Otherwise, they may be disappointed and might leave for another company. FOREXimf’s technical support is of a high level. It is available 16/5 via email, telephone, live chat, and ticket system on the website.

Four main communication channels
Responses are prompt during working hours
Traders applaud the competence of managers

Technical support is not available 24/7

Whether you are the broker’s client or just intend to become one, you may contact technical support with a relevant question.

The following communication channels are available:

Telephone;
Email;
Live chat on the website and in the user account;
Tickets on the website.

The broker has its profiles on TikTok, Facebook, Instagram, YouTube, and X (Twitter). Links to these accounts are available in the footer of its website. There you can also contact the support team. Usually, managers respond within 24 hours.

Contacts
Registration address	Menara Asia Afrika Lantai 12 Jl. Asia Afrika No.133 - 137, Bandung
Regulation	BAPPEBTI
Official site	https://www.foreximf.com/
Contacts	support@foreximf.com 022 - 426 6000

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FAQs

How are commissions and fees structured at FOREXimf?

FOREXimf has been rated as having medium overall fees, with above-average Forex trading fees and no ECN/Raw Spread account option. Standard account spreads on major pairs like EUR/USD typically range from 0.9 to 1.4 pips, while non-trading fees such as deposit, withdrawal, and inactivity charges are listed as 0.

What trading account types does FOREXimf offer and how do they differ?

FOREXimf provides Demo and Standard-type accounts, with specific live options labeled Ultra Lite, Low Spread, Lite Pro, and Low Spread Pro. These accounts differ by minimum deposit (from IDR 350,000 to IDR 3,500,000), spreads starting from either 0.3 or 1.8 pips, trading fees per lot ($1 or $10), leverage limits (up to 1:500 or 1:100), maximum trade volume, and stop-out levels.

What do user reviews and feedback indicate about FOREXimf?

FOREXimf has a user satisfaction score of 7.3/10 based on 3 reviews, with 33% of ratings at 5 stars and 67% at 3 stars. According to user reviews, the overall impression is mixed rather than strongly positive or negative.

Which markets and tradable assets are available at FOREXimf?

FOREXimf offers a limited range of instruments, with 36 currency pairs and access to commodity futures, but no stocks, crypto, stock indices, or options. The broker also does not provide bonds, ETFs, copy trading, PAMM investing, or managed accounts, according to the section.

How do traders describe the FOREXimf account opening process in reviews and comments?

The account opening process at FOREXimf is described as efficient, with online registration taking about 8 minutes and KYC verification typically completed within 1 business day. The minimum deposit is IDR100,000, and while the steps are outlined as straightforward, the review notes that the setup may feel less convenient for beginners.