Indonesian Local Transfer

CurrencyIDR
Processing Time1 business day

Please Note:

ForexTime (FXTM) offers the option to make local transfers in IDR through an easy and affordable way. You can make a deposit to your trading account via Forex Online Changer.

  1. Payments from third parties will not be accepted. The sender name should match the name on your trading account.
  2. Trading accounts at ForexTime (FXTM) are in EUR/USD only. You will be charged a fee for the conversion by Forex Online Changer, so please confirm the current rate with them.
  3. ForexTime (FXTM) does not charge any fees and will deposit to your account the net amount received.
  4. When the transaction goes through, ForexTime (FXTM) will post the funds to your account upon their receipt. The processing time is usually 1 business day. A delay may be caused if the bank or ForexTime (FXTM) encounters difficulties in verifying your information. Please save your payment confirmation so that if necessary we can check all details.
  5. Funds deposited by local transfer can be withdrawn to any bank account under your name through Forex Online Changer too.
  6. To withdraw your initial deposit you can only do so to the same bank account used originally for the deposit
  7. If you transfer funds through Forex Online Changer please be ready to provide payment verification:
    If the funds have been transferred from your bank account you can provide a bank statement or a screen shot from your online banking.
    If the funds have been transferred from a bank cashier, you can ask them to give you any confirmation of the payment made such as a receipt, teller, etc.
  8. When filling out a direct transfer form ensure you specify your trading account number or MyFXTM number in the “Remarks” field.
  9. ForexTime (FXTM) reimburses you 100% for all deposit commissions charged.
CurrencyIDR
Processing Time1 business day

Please Note:

  1. Withdrawals to a third party are not allowed. Funds from your ForexTime (FXTM) account can only be withdrawn to a bank account under the same name.
  2. You are able to transfer funds to any bank account opened in your name, but if you wish to withdraw your initial deposit this can only be achieved if you transfer it in the same bank account that you originally deposited from.
  3. There is no minimum amount for withdrawals. Please note that the fee for exchange funds in local currency will be deducted from the amount withdrawn by Forex Online Changer.
  4. Please ensure that you have adequate free margin in your account for your withdrawal to be covered, otherwise you may have to close open positions on your account.
  5. Withdrawals are normally processed by ForexTime (FXTM) within 24 hours of the time the request was made. Once we process your funds, we will post them to your bank account within 1 business day. A delay may occur in the case that we are unable to verify your information.
  6. Please take extra care when completing the bank details. ForexTime (FXTM) will process your withdrawal request according to the instruction provided by you.
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FXTM brand is authorized and regulated in various jurisdictions.

Exinity UK Limited (www.forextime.com/uk) with registration number 10599136 and registration address at 1 st. Katharine's Way London, England, E1W 1UN, UK is authorised and regulated by the Financial Conduct Authority with license number 777911.

Exinity Limited (www.forextime.com) with registration number C119470 C1/GBL and registration address at 5th Floor, NEX Tower, Rue du Savoir, Cybercity, 72201 Ebene, Republic of Mauritius is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License with license number C113012295.

Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the FXTM brand based on the legal requirements in his/her country of residence.  Please read FXTM’s full Risk Disclosure.

Regional restrictions Exinity Limited does not provide services to residents of the USA, Mauritius, Japan, Canada, Haiti, Iran, Suriname, the Democratic People's Republic of Korea, Puerto Rico, the Occupied Area of Cyprus, Quebec, Iraq, Syria, Cuba, Belarus, Myanmar, Russia and India. Find out more in the <a href="/about-us/fxtm-faq">Regulations</a> section of our FAQs. Find out more in the Regulations section of our FAQs.

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Risk warning: Trading is risky. Your capital is at risk. Exinity Limited is regulated by FSC (Mauritius).