Two brokers clash on regulation depth and product scope. The matchup tests whether broader oversight or local compliance shapes real value.
XM tops Dupoin on regulation quality and overall editorial score.
Find out which broker best suits your trader profile.
Choose Dupoin if…
Choose Dupoin if you want Indonesian-regulated access and IDR funding. Your funds are held under BAPPEBTI and OJK oversight.
Choose XM if…
Choose XM if you want top-tier regulation and investor protection. Your funds benefit from negative balance protection and an investor compensation scheme.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
XM offers tighter spreads from 0.60 pips vs 1.50 pips for Dupoin, reducing trading costs.
| Editorial score | 3.6/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.6 / 5 | 4.3 / 5▲ |
Pros
BAPPEBTI-licensed and OJK-registered, full Indonesian regulatory compliance
OJK registration no. 2025020000000412 is publicly verifiable
Offers both MetaTrader 4 and MetaTrader 5
Local Indonesian bank transfer funding with IDR accounts
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Dupoin | XM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Fail | Pass |
XM rates 4.3/5 versus 3.6/5 for Dupoin. XM edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
XM starts from 0.6 pips, tighter than Dupoin's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
XM has $5, while Dupoin requires at least $30. This makes XM more accessible for traders with limited starting capital.
XM holds top-tier regulation (ASIC, CySEC, ASF), providing stronger investor protections. Dupoin may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
XM stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
Dupoin lists maximum leverage of 100:1, while XM lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Dupoin supports MetaTrader 5, MetaTrader 4, while XM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4.
XM has the higher regulation quality with top-tier authorities and explicit investor protections.
XM offers more instruments and advanced charting for active traders.
Dupoin is better suited for scalpers: raw/ECN spreads available.
Equally matched.
Fees & Spreads 30% weight | 3.5 / 5 | 4.3 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.6 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 3.5 / 5 | 4.4 / 5▲ |
|---|
| Founded | 2020 | 2009 |
|---|
| Headquarters | Jakarta, Indonesia | Limassol, Cyprus |
|---|
| Min Deposit | $30 | $5▼ lower |
|---|
| Spreads From | 1.5 pips | 0.6 pips▼ lower |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 100:1▲ higher | 1,000:1 |
|---|
| Inactivity Fee | None | $5/month (after 90 days) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transfer | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free for most methods |
|---|
| Regulators | BAPPEBTI OJK | ASIC CySEC ASF FSC KNF |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Raw spread account available
No deposit fees
No inactivity fee
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Pros
USD 5 minimum deposit
Strong bonus program
Multilingual support
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Cons
Only available to Indonesian residents, no international clients
Shorter operating history than established domestic peers
Narrow product range limited to forex and commodity futures
Leverage capped at 100:1 under BAPPEBTI rules
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Support available in limited languages
Cons
Spreads not as tight as ECN-style brokers
Not available to US clients
No raw spread account option
Inactivity fee applies
No proprietary platform
Dig deeper into each broker’s features, fees, and regulation.
Score 3.6 / 5
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