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Exfor-Demo MT5
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+60 87 416 989
Office Suite 1629, Level 16 (A), Main Office Tower, Financial Park Complex, Jalan Merdeka, 87000 Labuan F.T.


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Exfor · Company Summary

Aspect Information
Registered Country/Area Malaysia
Company Name Exfor Limited
Regulation Labuan Financial Services Authority (Malaysia), License No. MB/22/0099
Minimum Deposit $100 (Pro Account), N/A (Demo Account)
Maximum Leverage Up to 1:100
Spreads Starting from 0.2 pips (Pro Account)
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5), Mobile Versions (iOS and Android)
Tradable Assets Forex, Metals, Commodities, CFDs on Indices, CFDs on Shares
Account Types Pro Account, Demo Account
Demo Account Available with a 30-day trial period
Customer Support Phone, Email, Telegram, WhatsApp, Skype
Payment Methods Bank Transfer, Bank Card, PSP Latin America
Educational Tools Not available in the provided information


Exfor Limited is a trading company headquartered in Malaysia and regulated by the Labuan Financial Services Authority under License No. MB/22/0099. They offer a Pro Account with a minimum deposit requirement of $100 and leverage of up to 1:100, featuring competitive spreads starting from 0.2 pips. Traders can access the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, along with mobile versions for iOS and Android. The company provides a diverse range of tradable assets, including Forex, Metals, Commodities, CFDs on Indices, and CFDs on Shares. They offer two account types, the Pro Account for live trading and a Demo Account with a 30-day trial period for practice. Customer support is available through various channels, including phone, email, Telegram, WhatsApp, and Skype. Exfor Limited facilitates deposits and withdrawals via Bank Transfer, Bank Card, and PSP Latin America, although no specific educational resources were mentioned in the provided information.



Exfor Limited is currently regulated by the Labuan Financial Services Authority in Malaysia under the license type of Straight Through Processing (STP), with license number MB/22/0099. As a licensed institution, Exfor Limited operates with the status of “Regulated” and is subject to regulatory oversight by the Malaysian authorities. The specific effective date and expiry date of their license are not provided in the information. Exfor Limited's regulatory status indicates that they are authorized to engage in financial activities in Labuan, Malaysia, under the mentioned license type, adhering to the regulatory guidelines and standards set forth by the Labuan Financial Services Authority.


Pros and Cons

Exfor Limited offers traders a range of advantages and considerations in their trading experience. Pros include access to a diverse range of market instruments, competitive spreads, a versatile choice of trading platforms, and convenient customer support options. The availability of both Pro and Demo accounts caters to traders at different skill levels. However, it's important to note the absence of dedicated educational resources and potential variations in processing times for deposits and withdrawals. Here's a detailed table outlining these pros and cons:

Pros Cons
  • Diverse Market Instruments (Forex, Metals, CFDs)
  • No Dedicated Educational Resources
  • Competitive Spreads Starting at 0.2 Pips
  • Variations in Deposit and Withdrawal Processing Times
  • Access to MetaTrader 4 and MetaTrader 5 Platforms
  • Convenient Customer Support Channels
  • Two Account Types (Pro and Demo)

In summary, Exfor Limited provides traders with various advantages, including a wide range of market instruments, competitive spreads, and access to popular trading platforms. However, traders should be aware of potential variations in deposit and withdrawal processing times and the absence of dedicated educational resources.

Market Instruments

Exfor Limited offers a diverse range of market instruments for trading. These instruments include Forex (foreign exchange), Metals, Commodities, CFDs (Contracts for Difference) on Indices, and CFDs on Shares. Each of these market instruments provides traders with unique opportunities to engage in financial markets and potentially profit from price movements.

  1. Forex: Forex, short for foreign exchange, involves trading currencies from different countries. Traders can speculate on the exchange rate fluctuations between currency pairs, such as EUR/USD or GBP/JPY. Forex trading is known for its high liquidity and 24-hour availability, making it a popular choice among traders worldwide.

  2. Metals: This category typically includes precious metals like gold and silver, which are often considered safe-haven assets. Traders can buy and sell these metals to profit from changes in their market prices. Precious metals are often used as a hedge against inflation and economic uncertainty.

  3. Commodities: Commodities trading involves various physical goods, such as oil, natural gas, agricultural products (e.g., wheat, corn), and more. Traders can speculate on the price movements of these commodities, which can be influenced by factors like supply and demand, weather conditions, and geopolitical events.

  4. CFDs on Indices: CFDs on indices allow traders to speculate on the performance of stock market indices, such as the S&P 500 or the FTSE 100, without owning the underlying assets. These contracts mirror the price movements of the indices, making it possible to profit from both rising and falling markets.

  5. CFDs on Shares: CFDs on shares enable traders to speculate on the price movements of individual company stocks without owning the actual shares. This provides flexibility for traders to engage in short selling and profit from declining stock prices as well.


Account Types

Exfor Limited provides two distinct account types to cater to the diverse needs of traders: the “Pro Account” and the “Demo Account.”

The Pro Account is tailored for experienced traders seeking a professional trading environment. It comes with a monthly fee of $25, with the first month offered free of charge. Traders can choose between USD and EUR as their base currencies. This account offers access to a wide range of markets, including Forex, Commodities, Energies, and Indices, enabling traders to diversify their portfolios. Notably, there is no commission charged per lot, making it cost-effective for frequent trading. With a minimum deposit requirement of $100 and leverage of up to 1:100, it accommodates traders with various capital sizes and risk appetites. Additionally, the Pro Account boasts competitive spreads starting from just 0.2 pips, making it attractive to those seeking tight pricing. It is also worth noting that the account is swap-free and allows for a wide range of trading strategies, including the use of Expert Advisors (EAs). Traders can expect ultra-fast execution and access to powerful tools and analytics to enhance their trading experience.

On the other hand, the Demo Account is ideal for traders who are new to the platform or want to practice their trading skills without risking real capital. It offers a free 30-day trial period, allowing users to familiarize themselves with the trading platform and test strategies in a risk-free simulated environment. The Demo Account is typically funded with virtual funds and does not involve real money deposits. It provides access to similar markets and trading conditions as the Pro Account, mimicking real market conditions, spreads, and trade sizes. While there is no actual commission or swap-free feature in the Demo Account, it permits traders to explore various trading strategies and even use Expert Advisors for practice purposes. This account type serves as a valuable educational tool, enabling traders to build confidence and competence before transitioning to live trading with the Pro Account.

In summary, Exfor Limited's Pro Account is designed for seasoned traders seeking live trading opportunities, while the Demo Account offers a risk-free avenue for practice and skill development in a simulated trading environment. These account types cater to traders at different stages of their trading journey, providing flexibility and choice to meet individual preferences and goals.



Exfor Limited offers a maximum trading leverage of up to 1:100. This means that for every $1 in the trader's account, they can control a position in the market worth up to $100. Leverage can amplify both potential profits and potential losses, so traders should exercise caution and have a clear understanding of how leverage works before using it in their trading activities. The 1:100 leverage provided by Exfor Limited is a common offering in the industry and can be attractive to traders looking to magnify their trading positions while managing their risk. However, it's essential for traders to use leverage responsibly and have risk management strategies in place to protect their capital.

Spreads and Commissions

Spreads: Spreads represent the difference between the buying (ask) and selling (bid) prices of a financial instrument. Exfor Limited offers competitive spreads, starting as low as 0.2 pips in its Pro Account. Narrow spreads can minimize trading costs and are especially attractive for cost-conscious traders.

Commissions: Commissions are direct fees charged by brokers for facilitating trades. Exfor Limited's Pro Account does not charge commissions per lot, making it appealing for traders who want to avoid direct commission expenses. This is advantageous for those engaging in frequent or larger-volume trading. Traders should consider both spreads and commissions when evaluating their overall trading costs.

Deposit & Withdrawal

Deposit Options:

  1. Bank Transfer: With a minimum deposit requirement of $10, this method provides a secure way to fund your trading account. However, it's important to note that bank transfers may take up to 2 days to be processed. Traders who prioritize security and are not in a rush to start trading may find this option suitable.

  2. Bank Card: For those seeking swifter access to their trading capital, the bank card option is compelling. With the same minimum deposit of $10, funds are typically credited to your trading account within just 30 minutes. This speedy processing time makes it an attractive choice for traders who value efficiency in their depositing process.

  3. PSP Latin America: Designed to cater to traders in the Latin American region, PSP Latin America offers rapid deposit processing, mirroring the bank card's efficiency. It requires a minimum deposit of $10 and ensures that funds become available within 30 minutes. This option is particularly convenient for traders in Latin America who appreciate the quick fund transfer capability.

Withdrawal Options:

  1. Bank Transfer: Just like with deposits, bank transfers are a secure withdrawal method, but they may take up to 2 days to reach your designated account. The minimum withdrawal amount is $10. This option is best suited for traders who prioritize the safety of their fund withdrawals over speed.

  2. Bank Card: For traders who value quick access to their funds, the bank card withdrawal option is appealing. With a minimum withdrawal requirement of $3, funds are typically processed within 30 minutes. The convenience and speed make it a preferred choice for traders who prefer efficient withdrawal processing.

  3. PSP Latin America: PSP Latin America also extends its speedy processing to withdrawals, with funds available within 30 minutes. It has a minimum withdrawal amount of $2. This option is particularly convenient for traders in Latin America who appreciate swift fund withdrawals.

In summary, Exfor Limited's deposit and withdrawal options cater to a wide range of trader preferences, providing flexibility in terms of security, processing speed, and regional convenience. Traders can select the method that aligns with their specific needs and priorities when it comes to managing their trading accounts and transactions.


Trading Platforms

Exfor Limited provides its clients with cutting-edge Forex and CFD trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with mobile versions for iOS and Android devices. MT4 is a well-established platform known for its reliability and user-friendly interface, allowing traders to execute advanced trading operations in a secure environment. Meanwhile, MT5 is a comprehensive multi-asset trading platform favored by traders and investors worldwide, offering advanced charting tools, automated trading capabilities, and access to various financial instruments. Both platforms come equipped with features such as integrated market news, fast execution, account security, and compatibility across Windows, Mac, iOS, and Android devices, providing traders with a versatile and powerful trading experience.


Customer Support

Exfor Limited offers a range of convenient contact options for customer support, emphasizing accessibility and responsiveness. Traders can reach out to the company via phone at +6087416989 or through email at, providing traditional communication channels for inquiries and assistance. Additionally, the availability of popular messaging platforms like Telegram, WhatsApp, and Skype demonstrates a commitment to meeting customers where they are, ensuring prompt and convenient communication with the support team. This multi-channel approach enhances the accessibility and responsiveness of Exfor Limited's customer support, catering to the diverse needs of traders seeking assistance or information.


Educational Resources

Exfor Limited, unfortunately, does not appear to offer educational resources based on the provided information. While the company provides trading services and support, it does not seem to have a dedicated educational section or resources to assist traders in enhancing their knowledge and skills. Traders seeking educational materials and resources may need to consider external sources or additional platforms to supplement their trading education.


Exfor Limited is a regulated trading institution operating under the oversight of the Labuan Financial Services Authority in Malaysia, offering a range of market instruments such as Forex, Metals, Commodities, CFDs on Indices, and CFDs on Shares. Traders can choose between two account types: the Pro Account, designed for experienced traders with competitive spreads, no per-lot commissions, and advanced features; and the Demo Account, offering a risk-free 30-day trial period for practice. The broker provides a maximum trading leverage of up to 1:100. Deposits and withdrawals can be made through various methods, with different processing times to suit trader preferences. Exfor Limited offers the popular MetaTrader 4 and MetaTrader 5 trading platforms, with mobile versions available for iOS and Android. Customer support is accessible through phone, email, Telegram, WhatsApp, and Skype. Unfortunately, educational resources are not prominently featured.


Q1: What is the maximum leverage offered by Exfor Limited?

A1: Exfor Limited provides a maximum trading leverage of up to 1:100, allowing traders to control larger positions with a smaller capital.

Q2: Can I practice trading without risking real money?

A2: Yes, Exfor Limited offers a risk-free Demo Account with a 30-day trial period, allowing you to practice and test trading strategies without using real capital.

Q3: How can I contact Exfor Limited's customer support?

A3: You can reach Exfor Limited's customer support via phone at +6087416989, email at, or through messaging platforms like Telegram, WhatsApp, and Skype.

Q4: What trading platforms are available?

A4: Exfor Limited offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for trading, both of which come with advanced features, charting tools, and mobile versions for trading on-the-go.

Q5: Is there a minimum deposit requirement for opening an account?

A5: Yes, Exfor Limited requires a minimum deposit of $100 for the Pro Account. However, specific deposit requirements may vary depending on the chosen deposit method.

Broker Information

Company Name

Exfor Limited

Company Abbreviation


Regulatory Status


Platform registered country and region


Company website
Phone of the company
  • +60 87 416 989









Company address
  • Office Suite 1629, Level 16 (A), Main Office Tower, Financial Park Complex, Jalan Merdeka, 87000 Labuan F.T.

  • Office Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines









Customer Service Email Address

Company Summary

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This broker does not return deposits to clients! stay away from him! As soon as you ask for your money back, they cancel your withdrawal request, start stalling for time, ask for additional documents, you provide everything, then the money is not returned to you! The broker personally accepts the money BUT does not return it back! Broker is a scammer!
2024-03-21 17:24


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