Best Indonesian Brokers

When it comes to investing in Indonesia, it's crucial to carefully choose a broker that suits your needs. Take into account various aspects such as fees, services, and reputation. Some well-known options available in the market include Rakuten Securities, IC Markets, SBI Securities, and Daiwa Securities. Conduct thorough research and compare the features and advantages offered by different brokers to find the one that aligns with your investment goals and preferences.

Investing in both Indonesian and global financial markets has gained significant popularity, attracting numerous individuals in search of additional income opportunities. Nevertheless, selecting a reliable broker for trading purposes in Indonesia can present its own set of challenges. Making an informed decision requires considering factors like the broker's reputation, regulatory framework, and the variety of currency pairs they offer. It's important to note that not all brokers cater to Indonesian traders, so it's essential to ensure that the chosen broker possesses the necessary licenses and adheres to regulations that safeguard investors from potential fraudulent activities in Indonesia. Therefore, it is strongly recommended to conduct thorough research and gain a comprehensive understanding of the associated risks before making any investment decisions.

Best Brokers in Indonesia

Indonesia has emerged as a vibrant hub for forex trading in recent years, attracting a growing number of retail investors keen to explore opportunities in the financial markets. To help shed light on the subject, we compiled a list of the top 20 questions regarding Indonesian brokers and provided comprehensive answers to each.

What are Indonesian brokers?

Indonesian brokers are financial institutions or intermediaries facilitating forex trading and other investment activities for individuals and institutions in Indonesia. They provide trading platforms, account management services, and access to various financial markets.

As the Indonesian financial markets continue to evolve, trading Forex or CFDs has gained popularity among retail investors seeking financial independence. Finding the best forex broker becomes crucial to embark on this exciting journey. However, it's essential to note that forex trading involves risks, and beginner traders should exercise caution.

  • Choosing the Right Forex Broker: When selecting a forex broker in Indonesia, factors such as low trading fees, reputable and regulated status, risk management tools, and a user-friendly interface should be considered. The best forex brokers in Indonesia offer competitive trading costs and provide a wide range of trading instruments, including Forex, stocks, and futures, on robust trading platforms.

  • Reputation and Regulation: To ensure the safety of funds and a fair trading environment, novice traders should opt for regulated forex brokers. Regulatory bodies like the Surabaya Stock Exchange and the Capital Markets and Futures Exchange Supervisory Board license reputable brokers. These entities help protect traders' interests and provide negative balance protection, preventing losses exceeding the initial investment.

  • Account Types and Demo Accounts: Forex brokers in Indonesia typically offer various account types to cater to traders' needs. Beginner traders can benefit from demo accounts, which allow them to practice trading strategies without risking real money. Demo Forex accounts help them familiarize themselves with Forex trading platforms and gain valuable trading experience.

  • Trading Tools and Support: A trusted forex broker should provide various trading tools, educational resources, and responsive customer support. These tools assist traders in analyzing market trends, executing trades efficiently, and improving their overall trading experience.

  • Banking Options and Security: A reliable forex broker offers secure payment options, such as bank transfers, for easy deposit and withdrawal of funds. Stringent security measures ensure the safety of personal and financial information.

Forex trading and retail investor accounts have become popular in Indonesia. Many Indonesians are interested in forex trading to diversify their investment portfolios and earn higher returns.

While trading Forex in Indonesia presents opportunities for financial growth, selecting the best broker is essential. Novice traders must consider factors such as regulation, reputation, trading costs, risk management tools, and support when choosing the best forex broker in Indonesia. By conducting thorough research, utilizing demo accounts, and trading with reputable brokers, traders can confidently embark on their trading journey and increase their chances of success in the dynamic Indonesian financial markets.

Are forex brokers in Indonesia regulated?

Yes, forex brokers in Indonesia are regulated by the country's financial regulatory body, the Financial Services Authority (Otoritas Jasa Keuangan or OJK). The OJK ensures brokers adhere to strict standards and guidelines to protect investors' interests.

Yes, forex trading is legal in Indonesia. Trading Forex in Indonesia must be conducted through regulated brokers authorized by the OJK.

Forex trading is indeed legal in Indonesia. As a rapidly growing economy with a large population and a dynamic financial market, Indonesia allows its residents and citizens to participate in the foreign exchange market. However, it's important to note that specific regulations and guidelines are in place to ensure the smooth functioning of forex trading activities and protect investors.

Forex trading is indeed legal in Indonesia. As a rapidly growing economy with a large population and a dynamic financial market, Indonesia allows its residents and citizens to participate in the foreign exchange market. However, it's important to note that specific regulations and guidelines are in place to ensure the smooth functioning of forex trading activities and protect investors.

BAPPEBTI and Indonesia forex brokers

The regulatory body overseeing forex trading in Indonesia is the Commodity Futures Trading Regulatory Agency (BAPPEBTI), which operates under the supervision of the Ministry of Trade. BAPPEBTI is responsible for licensing and regulating forex brokers and ensuring compliance with relevant laws and regulations.

Choosing a reputable and regulated broker when participating in forex trading is essential to safeguard your investments. To engage in forex trading in Indonesia, individuals must use the services of licensed forex brokers authorized by BAPPEBTI. These brokers must adhere to specific rules and guidelines to ensure transparency, fair trading practices and protect investors' interests. Cingis important

The Indonesian government has also implemented certain restrictions and requirements for forex trading. For example, individuals must provide a Taxpayer Identification Number (NPWP) to open a Forex trading account to trade Forex. Helping in ensuring tax compliance.

Furthermore, as the country's central bank, the Bank of Indonesia has specific regulations regarding forex transactions, including limitations on currency conversions and reporting requirements. These regulations aim to maintain stability in the foreign exchange market and prevent excessive speculation.

Forex Trading Risks in Indonesia

Knowing the risks associated with Forex trading and your Forex broker is crucial, as with any form of trading. The forex market is highly volatile, and the value of currencies can fluctuate rapidly, leading to potential gains or losses. It's recommended to acquire sufficient knowledge about forex trading and risk management techniques and develop a trading strategy before participating in the market.

The regulatory body overseeing forex trading in Indonesia is the Commodity Futures Trading Regulatory Agency (c), which operates under the supervision of the Ministry of Trade. BAPPEBTI is responsible for licensing and regulating forex brokers and ensuring compliance with relevant laws and regulations.

Choosing a reputable and regulated broker when participating in forex trading is essential to safeguard your investments. To engage in forex trading in Indonesia, individuals must use the services of licensed forex brokers authorized by BAPPEBTI. These brokers must adhere to specific rules and guidelines to ensure transparency and fair trading practices and protect investors' interests.

The Indonesian government has also implemented certain restrictions and requirements for forex trading. For example, individuals must provide a Taxpayer Identification Number (NPWP) to open a Forex trading account.

Bank Of Indonesia Forex brokers Restrictions

Furthermore, the Bank of Indonesia, as the country's central bank, has specific regulations regarding forex transactions, including limitations on currency conversions and reporting requirements. These regulations aim to maintain stability in the foreign exchange market and prevent excessive speculation.

Knowing the risks associated with forex trading is crucial

As with any form of trading. The forex market is highly volatile, and the value of currencies can fluctuate rapidly, leading to potential gains or losses. It's recommended to acquire sufficient knowledge about forex trading and risk management techniques and develop a trading strategy before participating in the market.

What can I trade in Indonesia?

In Indonesia, several financial instruments are available for trading, catering to various investors and trading strategies. These instruments provide opportunities to participate in multiple markets and asset classes. Let's explore some of the unique financial tools you can trade in Indonesia:

Stocks: The Indonesian stock market, the Indonesia Stock Exchange (IDX), offers many publicly traded companies across different sectors. You can own these companies by trading stocks and earning profits through capital appreciation and dividends.

  • Bonds: Indonesian government bonds and corporate bonds provide fixed-income investment opportunities. Government bonds issued by the Ministry of Finance offer low-risk investments backed by the Indonesian government. On the other hand, private companies issue corporate bonds and carry varying risk and return levels.

  • Stocks: Investing in the Indonesian stock market allows investors to buy and sell stocks on the Surabaya Stock Exchange (IDX). Investors must open a brokerage account with a licensed and reputable broker to participate. They can then research and analyze stocks, place buy orders, and monitor market movements to make informed investment decisions. When selling stocks, investors can choose to sell all or a portion of their holdings based on their investment goals. Diversifying portfolios, conducting thorough research, and staying informed about market trends and company news for successful stock trading in Indonesia are essential.

  • Mutual Funds: A Mutual funds can contain many forms of financial assets and are traded using investors pooled money and are managed by professional fund managers.

  • Exchange-Traded Funds (ETFs): ETFs are investment funds that trade on stock exchanges, tracking a specific index, commodity, or sector. particularInvesting in ETFs allows you to gain diversified exposure to a market segment or asset class cost-effectively and transparently. In Indonesia, some ETFs provide exposure to local stocks, bonds, or specific themes.

  • Derivatives: The Indonesian derivatives market offers a range of instruments, including futures and options contracts. Futures contracts enable you to trade commodities, currencies, and stock indices, providing opportunities to profit from price movements without owning the underlying asset. On the other hand, options contracts give the right (but not the obligation) to buy or sell an asset at a predetermined price within a specified time frame.

  • Sharia-Compliant Instruments: Indonesia has a significant Muslim population, and for those adhering to Islamic principles, Sharia-compliant financial instruments are available. These instruments comply with Islamic law prohibiting earning interest (riba) and engaging in speculative activities. Sharia-compliant tools include Islamic mutual funds, sukuk (Islamic bonds), and Islamic stock indices.

  • Commodities: Indonesia is rich in natural resources, making things a vital asset class for trading. You can trade crude palm oil, coal, coffee, rubber, tin, and other agricultural and mineral products. Commodities can be sold through futures contracts, spot markets, or commodity-related stocks.

  • Foreign Exchange (Forex): The forex market allows you to trade different currencies. As one of the most liquid markets globally, forex trading in Indonesia provides opportunities to speculate on currency movements and engage in international trade.

Do retail investor accounts often lose money in forex trading?

It's important to note that forex trading involves inherent risks, and retail investor accounts can lose money if not managed properly. However, with proper risk management strategies and a disciplined approach, investors can aim to mitigate potential losses.

What are the best forex brokers in Indonesia?

The best forex brokers in Indonesia offer reliable trading platforms, competitive trading fees, a wide range of financial instruments, and robust customer support and are regulated by the OJK. Some reputable names in the Indonesian forex market include IC Markets, RoboForex, and XM.

What trading platforms do Indonesian brokers offer?

Indonesian brokers offer various trading platforms and trading software, including popular options such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms provide advanced charting tools, real-time market data, and order execution capabilities.

What Funding and Withdrawal Methods are Available with Indonesia Brokers?

The availability of funding and withdrawal methods may vary across trading platforms. Investors should check with their chosen venue to ensure the availability of their preferred method. Additionally, it's advisable to consider factors such as transaction fees, processing times, and security measures associated with each process before choosing the most suitable option for funding and withdrawing funds on a trading platform in Indonesia.

Trading platforms in Indonesia provide various funding and withdrawal methods to facilitate seamless transactions for investors. These unique methods cater to the local financial landscape and ensure convenient access to funds. Here's a special explanation of funding and withdrawal methods available in Indonesia on trading platforms:

  • Bank Transfer: Bank transfers are a standard and widely used method for funding and withdrawing funds on trading platforms in Indonesia. Investors can transfer funds directly from their bank accounts to their trading accounts and vice versa. This method offers a familiar and secure way to manage financial transactions.

  • E-Wallets: E-wallets have gained popularity in Indonesia, providing a convenient and quick funding and withdrawal option on trading platforms. Platforms may integrate with local e-wallet providers, allowing investors to transfer funds seamlessly using their e-wallet accounts.

  • Online Payment Systems: Trading platforms often offer integration with popular online payment systems in Indonesia, such as GoPay, OVO, and DANA. These systems allow investors to fund their trading accounts and withdraw funds using digital payment options, offering flexibility and ease of use.

  • Credit/Debit Cards: Some trading platforms in Indonesia accept credit or debit card payments. Investors can link their cards to their trading accounts and use them for funding and withdrawal. This method offers convenience, especially for those who prefer using their cards for financial transactions.

  • Cryptocurrency: With the increasing popularity of cryptocurrencies, some trading platforms in Indonesia may offer the option to fund and withdraw funds using digital currencies like Bitcoin or Ethereum. This method caters to investors who prefer cryptocurrencies' anonymity and security features.

Are there swap-free accounts available for Islamic traders?

Many Indonesian brokers offer swap-free accounts, also known as Islamic accounts, for traders who adhere to Islamic principles. These accounts do not charge or pay interest on overnight positions, conforming to Shariah law.

What are the advantages of mobile trading?

Mobile trading allows investors to access their trading accounts and monitor the markets. It provides flexibility and convenience, enabling traders to seize trading opportunities and manage their positions from smartphones or tablets.

Do forex traders in Indonesia often lose money rapidly?

Forex trading involves both the potential for quick profits and rapid losses for the Forex trader. Novice traders without a solid understanding of risk management and trading strategies can be more susceptible to rapid losses. Acquiring sufficient knowledge and experience before engaging in forex trading is essential.

Is the Indonesia Stock Exchange (IDX) the same as forex trading?

No, the Indonesia Stock Exchange (IDX) is separate from forex trading. The IDX is a platform for trading stocks and other securities, while forex trading focuses on trading currencies in the global foreign exchange market.

What minimum deposit is required to open a Forex trading account?

The initial or minimum deposit required to open a Forex trading account varies among each Indonesian Forex broker. It can range from as low as $10 to a few hundred dollars. The amount may depend on the broker's account types and services.

What types of trading accounts do Indonesian brokers offer?

Indonesian brokers typically offer a range of trading accounts tailored to different investor needs and preferences. These may include standard, mini, VIP, and Islamic funds. Each account type may have additional features like minimum deposit requirements, leverage options, and access to specific trading instruments.

Indonesian brokers offer various trading accounts to cater to investors' diverse needs and preferences. These unique account types accommodate different trading strategies, risk appetites, and experience levels. Here are some common types of trading accounts offered by Indonesian brokers:

  • Standard Trading Account: Indonesian brokers offer the most basic trading account. It is suitable for both beginner and experienced traders. A standard trading account provides access to various financial instruments, including stocks, bonds, commodities, and forex pairs. It typically offers normal trading conditions, such as market execution, variable spreads, and standard leverage options.

  • Islamic Trading Account: By Sharia principles, Indonesian brokers offer Islamic trading accounts for traders adhering to Islamic beliefs. Islamic accounts are swap-free, meaning they do not charge or pay overnight swap fees, which are considered interest. Instead, Islamic accounts may charge other fees or apply alternative mechanisms to align with Islamic finance principles.

  • Demo Trading Account: Demo accounts are valuable for new traders or those wishing to practice their trading strategies without risking real money. Indonesian brokers often provide demo trading accounts that simulate market conditions using virtual funds. Practise trading allows traders to familiarize themselves with the trading platform, test different strategies, and gain practical experience before transitioning to live trading.

  • VIP/Pro Trading Account: Some Indonesian brokers offer VIP or Pro trading accounts designed for experienced traders or high-net-worth individuals. These accounts often provide enhanced trading conditions, such as lower spreads, faster execution speeds, personalized customer support, and additional trading tools and resources. VIP/Pro accounts may require higher initial deposits and might be subject to specific eligibility criteria.

  • Managed Trading Account: Indonesian brokers may offer managed trading accounts for investors who prefer a professional to handle their trading activities. With a managed account, an experienced trader or investment manager makes trading decisions on behalf of the investor. This type of account is suitable for individuals who want to participate in trading but need more time, expertise, or desire to manage their portfolio actively.

  • Copy Trading Account: Copy trading accounts enable investors to replicate the trades of successful traders. This type of account is suitable for those seeking to benefit from the expertise of experienced traders without directly engaging in active trading. Indonesian brokers may provide access to social trading platforms where investors can automatically copy selected traders' trades.

  • Trading CFDs: Trading CFDs offer Indonesian traders the flexibility to trade across multiple asset classes, such as stocks, indices, commodities, and currencies, using high-risk leverage for diversification and risk management. Long and short positions enable potential profits from rising and falling markets. CFD trading is a high risk, and many retail investor accounts lose money, with chances to Indonesian traders losing money rapidly.

What are the trading fees associated with forex trading in Indonesia?

Trading fees vary among brokers but generally include spreads, commissions, and swap charges. Spaces differ between a currency pair's buying and selling prices, while commissions are fees the broker charges for executing trades. Swap charges apply to positions held overnight.

How can traders manage the risk of losing money in forex trading?

Risk management is crucial in forex trading. Traders can employ various tools and strategies to manage risk, such as setting stop-loss orders to limit potential losses, diversifying their portfolios, using proper position sizing techniques, and continuously educating themselves about the market.

Are there reputable international brokers that operate in Indonesia?

Yes, some reputable international brokers operate in Indonesia. These brokers often have a global presence and offer various financial instruments, advanced trading platforms, and regulatory oversight from respected authorities in their home countries, for example, the FCA.

What are the advantages of using Indonesian-regulated brokers?

Using regulated brokers provides investors with an added layer of security and protection. Regulated brokers must comply with strict financial regulations and adhere to industry best practices, safeguarding the interests of their clients.

Using Indonesian-regulated brokers to engage in financial trading, including forex trading, offers several advantages. Here are some unique benefits of using Indonesian-regulated brokers:

  • Regulatory Protection: Indonesian regulated brokers operate under the supervision of the Commodity Futures Trading Regulatory Agency (BAPPEBTI) and are required to comply with specific rules and guidelines. This regulatory oversight protects investors, as brokers must adhere to transparent practices and fair trading conditions and safeguard clients' funds. Investors have a regulatory body to turn to for assistance and resolution in any dispute or irregularities.

  • Investor Safety: Indonesian-regulated brokers are subject to stringent requirements to ensure the safety of investors' funds. They must segregate client funds from their operational funds, keeping clients' funds in separate accounts. This segregation of funds helps to protect investors' funds from misuse or misappropriation by the broker.

  • Transparency and Disclosure: Regulated brokers in Indonesia are mandated to provide transparent and accurate information to their clients. Including disclosing risks associated with trading, transaction costs, fees, and other essential details. By using regulated brokers, investors can access clear and comprehensive information about their trading activities, helping them make informed decisions.

  • Compliance with Local Laws: Indonesian-regulated brokers must comply with relevant local laws and regulations. Ensuring that the broker's operations align with the legal framework established by the Indonesian government, promoting market integrity and investor confidence.

  • Investor Education and Support: Regulated brokers in Indonesia often provide educational resources, seminars, webinars, and support services to help investors enhance their trading knowledge and skills. These brokers understand the importance of investor education and aim to empower their clients with the necessary tools and information to make well-informed trading decisions.

  • Local Market Expertise: Indonesian regulated brokers have in-depth knowledge and understanding of the local financial markets. They can provide insights into Indonesian economic trends, market conditions, and specific investment opportunities. This local expertise can be valuable for investors seeking exposure to the Indonesian market or trading financial instruments.

  • Access to Local Instruments: Indonesian-regulated brokers offer access to various financial instruments in the Indonesian market. Including stocks, bonds, commodities, and forex pairs specific to the Indonesian economy. Investors can easily access and trade these instruments using regulated brokers, capitalizing on local market opportunities.

Can forex trading be done through automated trading systems?

Forex trading in Indonesia can be done through automated trading systems, but this is very high risk. The use of Forex trading that uses automated trading (Forex robots) to buy and sell based on rules is possible, but is not recommended.

What role does the Cyprus Securities and Exchange Commission (CySEC) play in Indonesian forex trading?

The Cyprus Securities and Exchange Commission (CySEC) is a regulatory body based in Cyprus. While it may not have a direct role in Indonesian forex trading, some international brokers regulated by CySEC may also offer their services to Indonesian traders.

Indonesian Brokers Verdict

Indonesian brokers and trading platforms available to Indonesian retail traders give access to global forex markets; stock markets, including USA and European stocks, offer ample opportunities for retail investors to participate in the global financial markets. Investors can confidently navigate the market and work towards their financial goals by choosing regulated brokers, practising risk management, and continuously improving their trading skills.

Best Indonesian Brokers List Compared

Featured Indonesian Broker Trading Platform Account Features Trading Features

IC Markets

Used By: 180,000
Instruments Available: 232
Stocks Available: 2100
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 61
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 200
 Platforms: MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsVisit

AvaTrade

Used By: 200,000
Instruments Available: 1000
Stocks Available: 99
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 80
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 100
 Platforms: Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5
Negative Balance Protection:
Inactivity Fee: No
71% of retail CFD accounts lose moneyVisit

FP Markets

Used By: 10,000
Instruments Available: 100
Stocks Available: 10000
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 60
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 100
 Platforms: MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsVisit

NordFX

Used By: 10,000
Instruments Available: 50
Stocks Available: 0
US Stocks: No
UK Stocks: No
German Stocks: No
Japanese Stocks: No
Indices: No
Forex Pairs Available: 65
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs:
Minimum Deposit: 10
 Platforms: MT4, MT5, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsVisit

Pepperstone

Used By: 89,000
Instruments Available: 100
Stocks Available: 60
US Stocks: No
UK Stocks: No
German Stocks: Yes
Japanese Stocks: No
Indices: Yes
Forex Pairs Available: 70
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 200
 Platforms: MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: Yes
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your moneyVisit

XM

Used By: 10,000,000
Instruments Available: 1000
Stocks Available: 160
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 55
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 5
 Platforms: MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: Yes
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Visit

FXPrimus

Used By: 10,000
Instruments Available: 130
Stocks Available: 60
US Stocks: Yes
UK Stocks: Yes
German Stocks: No
Japanese Stocks: No
Indices: Yes
Forex Pairs Available: 45
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 100
 Platforms: MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsVisit

easyMarkets

Used By: 142,500
Instruments Available: 200
Stocks Available: 52
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 150
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 100
 Platforms: MT4, MT5, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Your capital is at riskVisit

Trading 212

Used By: 15,000,000
Instruments Available: 10000
Stocks Available: 1731
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 177
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 1
 Platforms: Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Visit

Admiral Markets

Used By: 10,000
Instruments Available: 148
Stocks Available: 64
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 40
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: $100
Platforms: MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsVisit

SpreadEx

Used By: 10,000
Instruments Available: 15000
Stocks Available: 1000
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 55
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 1
 Platforms: Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsVisit

Markets.com

Used By: 4,000,000
Instruments Available: 2200
Stocks Available: 2000
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: No
Indices: Yes
Forex Pairs Available: 67
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 100
 Platforms: MT4, MT5, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: Yes
67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your moneyVisit

Swissquote

Used By: 300,000
Instruments Available: 100
Stocks Available: 0
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: Yes
Forex Pairs Available: 150
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 1000
 Platforms: MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsVisit

Axi

Used By: 10,000
Instruments Available: 100
Stocks Available: 1000
US Stocks: Yes
UK Stocks: Yes
German Stocks: Yes
Japanese Stocks: Yes
Indices: No
Forex Pairs Available: 100
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 0
 Platforms: MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: No
Losses can exceed depositsVisit

HYCM

Used By: 10,000
Instruments Available: 100
Stocks Available: 10
US Stocks: Yes
UK Stocks: No
German Stocks: No
Japanese Stocks: No
Indices: Yes
Forex Pairs Available: 40
Major Forex Pairs: Yes
Minor Forex Pairs: Yes
Exotic Forex Pairs: Yes
Minimum Deposit: 100
 Platforms: MT4, MT5, Tablet & Mobile apps
Negative Balance Protection:
Inactivity Fee: Yes
Losses can exceed depositsVisit

Best Indonesian Broker Indonesian Broker Reviews

Read our details broker Indonesian Broker Indonesian Broker reviews, you will find something useful if you are shortlisting a Indonesian Broker Indonesian Broker and trading platform.

Indonesian Broker Indonesian Broker Alternatives

Read about and compare Indonesian Broker Indonesian Broker alternatives. We have indepth side by side comparisons to help you find Indonesian Broker Indonesian Broker related brokers.

Ashly Chole - Senior Finance & Technology Editor

Ashly Chole - Senior Finance & Technology Editor

Best Indonesian Brokers guide updated 28/04/24