FXTM Enables Local Bank Deposits for Indonesian Traders

December 28, 2018
With the local bank deposit feature, FXTM shows its performance and sincerity in serving Indonesian traders. What are the advantages?

When trading forex, the ease of making deposits and withdrawals is one of the things traders consider when choosing a broker. It naturally happens because activity in the world of forex trading is related to transactions involving money. Understanding this, the FXTM broker offers deposit and withdrawal facilities through local banks. Starting in December 2018, FXTM traders can take advantage of the Online Banking feature at Permata, BCA, BNI, CIMB, BRI, and BTN banks.

fxtm brokerage office

Convenience With Local Bank Deposits

So far, clients can make deposits with FXTM via Bank Wire, debit/credit cards, and e-payments. Bank wire is the safest option, but the length of the process and the unavailability of rupiah deposits are common complaints. To deposit via rupiah, traders need to find a local partner. Unfortunately, the risk of deposits through third parties is the difficulty of finding a trusted partner.

Through the Online Banking feature provided by FXTM, traders can make deposits and withdrawals safely and efficiently without going through intermediaries. FXTM presents this facility to give the traders services close to users and continue innovating to make them easily accessible.

With the online banking feature in Indonesia, traders can enjoy the following:

  • Instant deposits and fast withdrawals
  • The safe and secure transfer process
  • More payment options and, according to their accounts


The addition of this feature can be enjoyed starting December 21, 2018. If you are a customer of one of the above banks, you must log in to your MyFXTM account and start depositing. Apart from being easy, transactions through this local bank's Online Banking are not subject to commissions and use price conversions that have been determined automatically. Visit the official website here for more information and great offers from other FXTM.

FXTM Review

FXTM highly puts importance on order execution speed. This broker also provides floating spreads with a minimum deposit of only $10 and leverage of up to 1:1000. More

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