LabaFX

4.0 / 10 Overall Score

Website: https://www.labafx.com/
Jurisdiction: Indonesia
Operating Since: 2-5 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: PT. Laba Forexindo Berjangka
Phone: —
Email: info@labafx.com
Address: Lippo Thamrin, Jl. MH Thamrin No.20, RT.9/RW.4, Gondangdia, Kec. Menteng, JAKARTA, Special Capital Region of Jakarta 10350

License Info: [{"监管状态": "BAPPEBTI Unverified", "牌照信息": "Indonesia Retail Forex License"}, {"监管状态": "JFX Unverified", "牌照信息": "Indonesia Retail Forex License"}]

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# LabaFX Company: A Comprehensive Overview

## Company Overview

LabaFX company operates as a forex brokerage firm, offering a variety of trading services to clients worldwide. Established in 2022, LabaFX has positioned itself within the forex and CFD industry, gaining a reputation for its trading platform and customer service. The company is registered under the name PT. Laba Forex Indo Berjangka and is headquartered at Lippo Thamrin Office, 17th Floor, Jl. M.H. Thamrin Kav 20, Jakarta Pusat 10350, Indonesia.

LabaFX primarily focuses on providing access to various financial instruments, including forex, contracts for difference (CFD), commodities, and indices. The company aims to cater to both novice and experienced traders by offering a platform that supports multiple trading strategies.

## Regulation and Compliance

LabaFX operates under regulatory oversight from Bappebti, the Indonesian Commodity Futures Trading Regulatory Agency. However, there are concerns regarding the validity of its licenses, as some sources describe its regulatory status as "unverified" and express caution about its operational scope, highlighting a high potential risk for clients.

The available information does not provide specific details about client fund protection policies, such as whether client funds are segregated or insured. As such, prospective clients are advised to conduct thorough research and verify the current regulatory status directly with the broker.

## Global Presence and Market Coverage

LabaFX primarily serves clients within Indonesia, with its operations focused on the local market. The company has been noted to have been in operation for about 2 to 3 years, indicating a relatively new presence in the forex industry. The firm does not currently have publicly available details regarding local branches or representative offices outside Indonesia.

## Reputation and Industry Standing

The reputation of LabaFX within the forex and financial community appears mixed. While some reviews highlight the stability of its trading platform and the responsiveness of its customer service, others raise concerns regarding its regulatory compliance and operational transparency. Public reviews indicate a generally positive user experience concerning customer support, but the lack of detailed regulatory information may affect its credibility among potential clients.

## Summary

LabaFX company is a newly established forex brokerage based in Indonesia, offering a range of trading services. While it has garnered some positive feedback for its platform stability and customer support, significant concerns regarding its regulatory status and compliance measures warrant caution. As LabaFX continues to develop its operations, prospective clients are encouraged to verify regulatory details and assess the company's operational integrity before engaging with its services.

Account Types

# LabaFX Account Types

LabaFX offers a range of account types to cater to different trading needs. Below is a summary of the available account types:

### Standard Account
- **Minimum Deposit Requirement:** $300
- **Spreads:** From 1.6 pips
- **Commission Model:** No commissions
- **Leverage Limits:** Up to 1:1000
- **Trading Instruments Available:** Forex, metals, energies, indices, cryptos
- **Base Currencies Supported:** USD, EUR, JPY
- **Execution Model:** STP
- **Unique Features:** Supports automated trading strategies with Expert Advisors (EAs).

### ECN Account
- **Minimum Deposit Requirement:** $2,000
- **Spreads:** From 0.0 pips
- **Commission Model:** $7 per lot (round trip)
- **Leverage Limits:** Up to 1:200
- **Trading Instruments Available:** Currency pairs, metals
- **Base Currencies Supported:** USD, JPY
- **Execution Model:** ECN
- **Unique Features:** Lower spreads with a commission structure.

# LabaFX Broker Account Opening Process

To open an account with LabaFX, follow these steps:

1. **Visit the Account Registration Page:** Click on "Open Live Account" on the LabaFX website.
2. **Select Account Type:** Choose the desired account type (Standard or ECN).
3. **Fill Out Registration Form:** Provide personal information and select leverage and base currency.
4. **Complete KYC Verification:** Submit required documents for identity verification, such as a government-issued ID and proof of residence.
5. **Fund Your Account:** Deposit the minimum required amount using available funding methods.
6. **Approval Time:** Once verification is complete, you will receive an email with your account credentials.
7. **Access Trading Platforms:** After approval, you can log in to your account and start trading on supported platforms such as MT4 or MT5.

Optional steps may include opening a demo account for practice before transitioning to live trading.

Deposit & Withdrawal

# LabaFX Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## Part 1: LabaFX Minimum Deposit Requirements

### LabaFX Minimum Deposit Explained

The minimum deposit required to open an account with LabaFX is **$50 USD**. This amount is applicable across various account types, making it accessible for new traders.

### Account-type Comparison

LabaFX offers multiple account types, including:

- **Standard Account**: Minimum deposit of $50.
- **ECN Account**: Minimum deposit of $500.
- **VIP Account**: Minimum deposit of $5,000.

### Regional Differences

There are no significant regional differences in the minimum deposit amounts; however, the availability of certain deposit methods may vary by country.

### Advantages

1. **Low Entry Barrier**: The minimum deposit of $50 allows traders to start with a small investment.
2. **Multiple Account Types**: Various account types cater to different trading strategies and experience levels.
3. **No Deposit Fees**: LabaFX does not charge fees for deposits, enhancing profitability.
4. **Access to Leverage**: Traders can leverage their investments, potentially increasing returns.

### Disadvantages

1. **Higher Minimum for ECN and VIP**: More experienced traders may find the higher minimums for ECN and VIP accounts limiting.
2. **Limited Support for Some Currencies**: Not all currencies are supported for deposits, which may inconvenience some traders.
3. **Potential Delays**: Depending on the deposit method, there may be processing delays.
4. **Withdrawal Fees**: While deposits are free, withdrawals may incur fees depending on the method used.

### Competitor Comparison

Compared to competitors like FXTM and Exness, LabaFX's minimum deposit is competitive. FXTM requires a minimum of $100 for its standard account, while Exness offers accounts starting from $1, making LabaFX a reasonable option for those looking to trade without a significant upfront investment.

---

## Part 2: LabaFX Deposit Methods

### LabaFX Deposit Methods Comprehensive Guide

LabaFX offers a variety of deposit methods to accommodate the needs of its traders. Below is a detailed overview of each method.

#### 1. Bank Transfer
- **Processing Time**: 1-3 business days
- **Fees**: None
- **Availability**: Worldwide
- **Limits**: Minimum $50 USD
- **Pros**: Secure and reliable method.
- **Cons**: Slower processing compared to e-wallets.

#### 2. Credit/Debit Cards (Visa, MasterCard)
- **Processing Time**: Up to 30 minutes
- **Fees**: None
- **Availability**: Worldwide
- **Limits**: Minimum $50 USD
- **Pros**: Instant processing time.
- **Cons**: May not be available in all regions.

#### 3. E-Wallets (Skrill, Neteller, Fasapay)
- **Processing Time**: Instant
- **Fees**: None
- **Availability**: Worldwide
- **Limits**: Minimum $50 USD
- **Pros**: Fast and convenient.
- **Cons**: Requires account setup with the e-wallet provider.

#### 4. Cryptocurrency (Bitcoin, Ethereum, etc.)
- **Processing Time**: Instant (after network confirmations)
- **Fees**: None
- **Availability**: Worldwide
- **Limits**: Varies by currency (e.g., 0.0001 BTC for Bitcoin)
- **Pros**: Anonymity and fast transfers.
- **Cons**: Volatility in crypto values.

#### 5. Local Options (varies by country)
- **Processing Time**: Instant to 1 hour
- **Fees**: None
- **Availability**: Depends on the country
- **Limits**: Varies by method
- **Pros**: Tailored for local traders.
- **Cons**: Limited to specific regions.

### Supported Currencies and Recommended Methods

LabaFX supports a range of currencies including USD, EUR, and GBP. For the fastest deposits, using credit/debit cards or e-wallets is recommended, while bank transfers may be more suitable for larger amounts.

---

## Part 3: LabaFX Deposit Process

### LabaFX Deposit Steps Explained

To deposit funds into your LabaFX account, follow these steps:

1. **Log In**: Access the LabaFX client portal using your credentials.
2. **Select Deposit**: Navigate to the 'Transfer & Pay' section and select 'Deposit Funds'.
3. **Choose Method**: Select your preferred deposit method from the options available.
4. **Enter Amount**: Input the amount you wish to deposit and any required payment details.
5. **Confirm**: Review your information and confirm the transaction.

### Mobile vs Web Differences

The deposit process is similar on both mobile and web platforms, with the primary difference being the interface layout. Both platforms offer secure access and functionality.

### KYC Notes and Common Issues with Solutions

- **KYC Verification**: Ensure your identity is verified to avoid deposit delays.
- **Common Issues**: Missing payment references or incorrect account details can lead to delays. Always double-check your entries.

### Typical Fund Crediting Times

Deposits via cards and e-wallets are credited instantly, while bank transfers may take 1-3 business days.

---

## Part 4: LabaFX Withdrawal Methods

### LabaFX Withdrawal Methods Overview

LabaFX offers several channels for withdrawing funds:

#### 1. Bank Transfer
- **Processing Time**: 2-5 business days
- **Fees**: None
- **Currencies**: USD, EUR, JPY
- **Limits**: Minimum $50 USD
- **Pros**: Reliable and secure.
- **Cons**: Slower compared to other methods.

#### 2. Credit/Debit Cards
- **Processing Time**: 1-3 business days
- **Fees**: None
- **Currencies**: USD, EUR
- **Limits**: Minimum $50 USD
- **Pros**: Familiar and easy to use.
- **Cons**: May have limits on withdrawal amounts.

#### 3. E-Wallets (Skrill, Neteller)
- **Processing Time**: Instant to 24 hours
- **Fees**: None
- **Currencies**: USD
- **Limits**: Minimum $50 USD
- **Pros**: Fast and convenient.
- **Cons**: Requires a separate e-wallet account.

#### 4. Cryptocurrency
- **Processing Time**: Instant (after network confirmations)
- **Fees**: None
- **Currencies**: Bitcoin, Ethereum, etc.
- **Limits**: Varies by currency
- **Pros**: Fast and secure.
- **Cons**: Subject to network fees and volatility.

### Recommended Options by Cost and Speed

For quick access to funds, e-wallets are the best option due to their instant processing times. For larger amounts, bank transfers are recommended despite the longer processing time.

---

## Part 5: LabaFX Withdrawal Process

### LabaFX Withdrawal Steps Explained

To withdraw funds from your LabaFX account, follow these steps:

1. **Log In**: Access your account on the LabaFX client portal.
2. **Navigate to Withdrawals**: Go to the 'Funds' section and select 'Withdraw Funds'.
3. **Select Withdrawal Method**: Choose your preferred withdrawal method from the available options.
4. **Enter Amount**: Specify the amount you wish to withdraw.
5. **Confirm**: Review the details and confirm the withdrawal request.

### ID Verification Requirements

Before processing withdrawals, LabaFX may require ID verification to comply with regulations. Ensure your documents are up to date to avoid delays.

### Expected Fund Arrival Time

Withdrawal processing times vary by method. E-wallets are typically instant, while bank transfers may take 2-5 business days.

### Typical Delay Reasons and Fixes

- **Incorrect Details**: Ensure all payment details are correct to avoid delays.
- **Verification Issues**: If KYC documents are not verified, this could delay processing. Always check your verification status.

---

## FAQs – LabaFX Deposits & Withdrawals

### What is the minimum deposit for LabaFX?
The minimum deposit for LabaFX is **$50 USD**.

### How long do withdrawals take?
Withdrawal times vary by method; e-wallets are typically instant, while bank transfers can take 2-5 business days.

### Are there fees for deposits or withdrawals?
LabaFX does not charge fees for deposits or withdrawals.

### Can the same method be used for both?
Yes, the same method can be used for both deposits and withdrawals, provided it is supported.

### Are crypto or local methods supported?
Yes, LabaFX supports cryptocurrency deposits and withdrawals, as well as local payment methods depending on the region.

LabaFX

LabaFX

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