About GIB
Overview
GIB operates under the official domain gaf.co.id and is registered in Indonesia. According to regulatory records, the company was founded on March 12, 2019, though its marketing materials claim an establishment date of 2004. The broker is headquartered at Gedung AXA Tower, Kuningan City lt. 38, Jakarta Selatan. As a regulated financial institution, GIB is overseen by BAPPEBTI (Indonesia's Commodity Futures Trading Regulatory Agency) and is also a member of the Indonesia Commodity and Derivatives Exchange (ICDX).
In FXCanary's assessment, the broker's regulatory status under BAPPEBTI provides a degree of oversight, but the discrepancy in founding dates and the limited availability of independent public information warrant caution. The firm positions itself as a comprehensive trading provider, catering to both retail and institutional clients in the Indonesian market.
Regulation and Licensing
GIB holds a Forex Trading License (EP) from BAPPEBTI, which is classified as 'Regulated' in our records. BAPPEBTI is the primary regulator for commodity futures and forex trading in Indonesia. Additionally, the broker claims affiliation with ICDX, the national derivatives exchange. This dual oversight suggests a baseline of regulatory compliance, though the exact scope and enforcement of these licenses should be verified directly with the authorities.
Our review found no evidence of licensing from other major international regulators. Traders accustomed to jurisdictions like the FCA or CySEC may find the regulatory framework less familiar. The Indonesian regulatory system has specific consumer protections, but these may differ from those in other regions. We recommend traders cross-check the license details on the BAPPEBTI official register to confirm active status.
Market Instruments
According to the known facts, GIB offers a range of market instruments categorized into multilateral contracts and bilateral contracts. Multilateral contracts include investment opportunities in mining commodities, plantation commodities, and forex options. Bilateral contracts encompass foreign currency trading (forex), gold and silver indices, among others. This product mix suggests a focus on commodities and forex, with some exposure to equity indices.
The distinction between multilateral and bilateral contracts may reflect the broker's structure for different types of transactions. However, without an official website detailing current instrument lists, traders should confirm available symbols and contract specifications with the broker directly. The inclusion of gold and silver indices indicates a metals trading option, which is popular among Indonesian traders.
Account Types and Platforms
Specific account types and trading platforms offered by GIB are not publicly documented in the available known facts or web search results. The broker's website (gaf.co.id) does not appear in the search results, leaving a gap in verifiable information. Typically, Indonesian brokers like GIB may offer standard, mini, or Islamic accounts, and platforms such as MetaTrader 4 or proprietary web-based terminals.
Given the lack of transparency, traders interested in GIB should inquire directly about minimum deposit requirements, leverage options, spreads, and commissions. The absence of platform details is a significant limitation when assessing usability and compatibility with trading strategies. We advise request a demo account before committing real funds to evaluate execution and interface.
Deposits and Withdrawals
Information on funding methods and withdrawal processes is not available from the known facts or public web results. Local Indonesian brokers often support bank transfers (e.g., BCA, Mandiri, BNI), e-wallets (GoPay, OVO, Dana), and sometimes cryptocurrency deposits. Withdrawal times typically range from instant to 1-2 business days for bank transfers.
Traders should confirm any fees, minimum deposit amounts, and processing times directly with GIB. The lack of published information raises a red flag regarding transparency. We recommend testing small transactions initially and reviewing the broker's terms for hidden costs or restrictions on withdrawals.
Customer Support
Customer support channels for GIB are not specified in the available data. Local brokers often offer live chat, WhatsApp, phone, and email support, typically during Indonesian business hours. Some provide 24/5 support aligned with market hours.
Without verifiable contact details, traders may face difficulty resolving issues promptly. We suggest attempting to reach the broker through any contact information displayed on their official domain (gaf.co.id) to assess responsiveness. A lack of responsive support can be a critical drawback, especially for new traders needing assistance.
Overview compiled by FXCanary from regulatory records and public data. full GIB review