Reported Website: https://www.labafx.com/en/
LabaFX claims to be regulated by Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI). We searched the BAPPEBTI and found a matching result. However, BAPPEBTI is not the regulator in charge of forex and CFD brokers. The truth is that LabaFX is not under valid regulation by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. LabaFX is a scam.
