CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Most retail accounts lose money.
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RegulationXTB

XTB expects an Indonesian CFD licence soon

At its half-year results conference XTB's CEO said the company expects to receive a licence to offer CFDs in Indonesia in the near future. Indonesian residents cannot open an XTB account today.

By , investing in forex and CFD markets since 2017. Published . How we test

Key points

  • XTB expects an Indonesian CFD licence soon
  • Indonesian residents cannot open an XTB account today
  • We will update the Indonesia ranking when XTB launches

At its half-year results conference, XTB's CEO said the company expects to receive a licence to offer CFDs in Indonesia in the near future.

Indonesian residents cannot open an XTB account today; Indonesia is not on the list of countries XTB International accepts. A local licence would be the route into the market.

Until a licence is granted and XTB announces a launch, Indonesian residents should not try to open an account. We will update our Indonesia ranking when XTB starts accepting clients there.

Source: Bankier.pl. Written in our own words by the Broksal Team; see our methodology for how we cover news.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Each broker publishes its own current loss percentage on its website.

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