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WikiFX
Regulated
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/10
The WikiFX Score of this broker is reduced because of too many complaints!
Exfor
Malaysia
|
2-5 years
|
Regulated in Malaysia
|
Straight Through Processing (STP)
|
MT4 Full License
|
Regional Brokers
|
Medium potential risk
https://www.exfor.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
5
Server Name
Exfor-Demo MT4
Server Location 
United Kingdom
United KingdomContact
+60 87 416 989
info@exfor.com
https://www.exfor.com/
Tiara Labuan, Jalan Tanjung Batu, 87000, F.T. Labuan, Malaysia
The WikiFX Score of this broker is reduced because of too many complaints!
Licenses
Licensed Entity：Exfor Limited
License No. MB/22 / 0099
VPS Standard
No restriction on the broker account
Single Core
1G
40G
1M*ADSL
WikiFX Risk Alerts
2025-10-29
- The number of the complaints received by WikiFX have reached 4 for this broker. Please be aware of the risk!
Basic Information
Registered Region Malaysia
MalaysiaOperating Period
2-5 years
Company Name
Exfor Limited
Abbreviation
Exfor
Company employee
--
Customer Service Email Address
info@exfor.com
Contact Number
+6087416989
Company Website
Company Address
Tiara Labuan, Jalan Tanjung Batu, 87000, F.T. Labuan, Malaysia
Keywords 7
2-5 years
Regulated in Malaysia
Straight Through Processing (STP)
MT4 Full License
MT5 Full License
Regional Brokers
Medium potential risk
4
Account
Related Software
Website
Genealogy
Relevant Enterprises
Company Summary
News
Wiki Q&A
Comment
Account
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$50
Minimum Spread
from 0.9
Depositing Method
(4+) Bank transfer
Withdrawal Method
(4+) Bank transfer
Minimum Position
0.01
Commission
$0
Products
forex, metals, indices, energies, stocks
Updated：
2025-10-29
MT4/5
Full License MT4
Full License MT5
2
MT4 Servers
2
MT5 Servers
160.43
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 4
Perfect
Meta Trader 5
Perfect
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Official website
Website
exfor.com
99.83.190.102
Server Location
United StatesICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--
Genealogy
VIP is not activated.Open Now
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Company Summary
| Exfor Review Summary | |
| Founded | 2004 |
| Registered Country/Region | Malaysia |
| Regulation | LFSA |
| Market Instruments | Forex, metals, indices, energies, stocks |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | 0.8 pips (EUR/USD) |
| Trading Platform | MT4, MT5 |
| Minimum Deposit | $50 |
| Customer Support | Live chat, contact form |
| Tel: +60 87 416 989 | |
| Email: Info@exfor.com | |
| Social Media: LinkedIn, Facebook | |
| Address: Office Suite 1629, Level 16 (A), Main Office Tower, Financial Park Complex, Jalan Merdeka, 87000 Labuan F.T. | |
| Regional Restriction | United States, Israel, North Korea, Yemen |
Founded in 2004, Exfor is a Malaysian brokerage regulated by the LFSA. Exfor offers forex, metals, indices, energies, and stocks, and also provides MT4 and MT5 professional platforms for trading. It provides two types of accounts and a demo as well as an Islamic account, with a minimum deposit of $50 and leverage up to 1:500. Besides, it does not provide services for residents from the US, Israel, North Korea, and Yemen.
Pros and Cons
| Pros | Cons |
| LFSA regulation | Regional restriction |
| Various trading products | Limited payment options |
| MT4 and MT5 support | Only two account types |
| Demo account available | |
| Islamic accounts available | |
| Multiple channels of contact |
Is Exfor Legit?
| Regulated Authority | Labuan Financial Services Authority |
| Current Status | Regulated |
| Regulated Country | Malaysia |
| Regulated Entity | Exfor Limited |
| License Type | Straight Through Processing (STP) |
| License No. | MB/22 / 0099 |
What Can I Trade on Exfor?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Energies | ✔ |
| Stocks | ✔ |
| Bonds | ❌ |
| Cryptocurrencies | ❌ |
| ETFs | ❌ |
Account Type
Exfor offers two account types: Standard Account and Pro Account. Besides, a demo account and an Islamic account are also available.
| Account | Minimum Deposit |
| Standard | $50 |
| Pro | $3000 |
Leverage
For both Standard Account and Pro Account, the leverage is 1:500. The use of leverage can maximize profits and increase losses at the same time.
| Account | Leverage |
|---|---|
| Standard | 1:500 |
| Pro | 1:500 |
Exfor Fees
| Account | Spread | Commission |
| Standard | From 0.9 pips | $0 |
| Pro | From 0.4 pips | $0 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, Mobile, Web | Beginners |
| MT5 | ✔ | Windows, Mobile, Web | Experienced traders |
Deposit and Withdrawal
| Deposit | Withdrawal | |||
| Payment Options | Minimum Deposit | Processing Time | Minimum Withdrawal | Processing Time |
| Bank Card | $50 | Instantly | $10 | Normally takes 3-5business days |
| Bank Transfer | $500 | $500 | ||
| Crypto | $50 | $1 | 1-2 business days | |
Keywords
- 2-5 years
- Regulated in Malaysia
- Straight Through Processing (STP)
- MT4 Full License
- MT5 Full License
- Regional Brokers
- Medium potential risk
Wiki Q&A
x1250 
1-2 years
What is the minimum deposit for Exfor Limited?
The minimum deposit for the Pro Account is $100. For the Demo Account, no deposit is required as it is funded with virtual funds for a 30-day trial. Some deposit methods support a minimum of $10 for funding, but the account activation requires the stated $100.
Broker Issues
Withdrawal
Deposit
07-08
United States
S jonas
1-2 years
Can I know the details about Exfor Limited fees?
Exfor Limited charges no commissions per lot on its Pro Account, which features competitive spreads starting from 0.2 pips. There is a monthly Pro Account fee of $25 after the first free month. Specific swap fees or inactivity fees were not provided. Deposit and withdrawal fees depend on the method used and may vary.
Broker Issues
Fees and Spreads
07-01
United States
edgeisedge
1-2 years
Is Exfor Limited a safe and legit broker?
Exfor Limited is considered a legit and regulated broker due to its licensing by the Labuan Financial Services Authority. This regulatory status requires the broker to adhere to standards that protect client funds and maintain transparent operations. However, as with any trading, risks remain, and traders should proceed cautiously.
Broker Issues
Regulation
06-08
United States
Дмитрий
1-2 years
Does Exfor Limited offer a demo account and what is its purpose?
Yes, Exfor Limited provides a Demo Account with a 30-day trial period. It allows traders to practice trading in a risk-free environment using virtual funds, replicating real market conditions and enabling skill development before committing real money in the Pro Account.
Broker Issues
Account
Instruments
Platform
Leverage
05-11
United States
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bersekers
Venezuela
I have been requesting my withdrawal for days and neither the broker resolves it nor are they able to contact me. I hope someone from the team will get in touch with me.
Exposure
05-10
Habibi528
Indonesia
THIEF PHOTO THAT STOLE MY MONEY‼️, DON'T LET ANYONE GET FOOLED, UNTIL MY MONEY IS RETURNED I WILL MAKE NEWS UNTIL THE BROKER IS OUT OF BUSINESS
Exposure
01-16
Habibi528
Indonesia
Bastard broker steals my money. As long as you don't return my money, I'll keep making news so that no one gets fooled by dogs
Exposure
01-14
Habibi528
Indonesia
The broker did not respond to emails and withdrawal requests
Exposure
2024-12-18