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I want to join XM since it has a lot...

P Philip Price Indonesia Mar 1 2021

I want to join XM since it has a lot of bonus promos, but I need few pieces of information:
1. Is this XM broker an NDD or DD dealer?
2. For clients from Indonesia, which regulatory body regulates XM?
3. Has anyone used or have used XM? What's your experience?
4. For WD and Deposit, can I use local bank/internet banking/mobile banking?

W Wayne Gamble
Indonesia Mar 2 2021

Philip Price: 

1. This broker is that it is a hybrid broker.
2. I do not know for sure. However, if you look at the information from the official XM Indonesia, clients from Indonesia get regulations from CySEC and IFSC.
3. I personally have never traded with XM. However, this broker is already quite popular among Indonesian traders. You can easily find information and testimonials about this broker.
4. XM supports deposit/withdrawal methods via local bank transfers.

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