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15 alternatives Expert-reviewed Updated 2026

Mandiri Sekuritas vs Top 15 Alternatives — Side-by-Side Comparison (2026)

15 top-rated brokers compared to Mandiri Sekuritas (rated 3.2/5). Every alternative is independently scored on fees, regulation, demo accounts, and platforms.

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Deriv

4.0
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Mandiri Sekuritas

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Mandiri Sekuritas

3.2
Full review
Quick Answer

The best alternatives to Mandiri Sekuritas in 2026 are ForTrade (4.3/5), Interactive Brokers (4.4/5), Forex.com (4.4/5). For stronger regulation, ForTrade holds tier-1 licences (FCA). For lowest entry, Interactive Brokers requires no minimum deposit.

See side-by-side comparison below

Mandiri Sekuritas vs Top 5 Alternatives — At a Glance

BrokerRatingMin DepositSpread fromDemo AccountRegulation
3.17
$00 pips✓ Free demo
OJK
Review
4.25
$1001 pips✓ Free demo
FCA
Visit
4.43
$00.2 pips✓ Free demo
SECMAS
Visit
4.40
$1000.8 pips✓ Free demo
MASCFTC
Visit
4.09
$1000.6 pips✓ Free demo
FCAASIC
Visit
4.34
$00.6 pips✓ Free demo
ASICMAS
Visit

All 15 alternatives ranked below. Demo accounts are free across all listed brokers — no deposit required to test platforms.

Mandiri Sekuritas

Why traders look for Mandiri Sekuritas alternatives

Rating: 3.2/5Spread: 0 pipsRegulated: OJK

Strengths

+Bank Mandiri — Indonesia's largest state bank
+Full IDX access
+OJK regulated

Common reasons to switch

−Bahasa Indonesia primarily
−Standard brokerage fees
−Less competitive vs discount brokers

Best Mandiri Sekuritas alternative by category

Mandiri Sekuritas vs ForTrade — quick comparison

Mandiri SekuritasForTrade
Rating3.24.3 ✓
Min spread0 pips1 pips
Min depositNone$100
RegulationOJKFCA, CySEC, FSC ✓

If you want… choose this alternative

Mandiri Sekuritas Alternatives — Overview

Mandiri Sekuritas is rated 3.2 out of 5, regulated by OJK and headquartered in Jakarta, Indonesia. While it remains a solid choice for many traders offering stocks, etf, indices markets, there are 15 alternatives worth considering in 2026 depending on your trading priorities.

The highest-rated alternative is ForTrade (4.3/5), regulated by FCA, CySEC, FSC, DFSA. Other strong contenders include Interactive Brokers (4.4/5), Forex.com (4.4/5), FxPro (4.1/5).

Key factors when choosing a Mandiri Sekuritas alternative include regulation strength, trading fees and spreads, minimum deposit requirements, available markets, and platform quality. We score every broker on these criteria independently using our transparent rating methodology — ratings are not influenced by commercial relationships. Mandiri Sekuritas's minimum spread starts at 0 pips — several alternatives below offer tighter spreads or lower entry requirements. Use our spread calculator to estimate your trading costs, or take the broker finder quiz for a personalised recommendation.

Top 15 Alternatives to Mandiri Sekuritas

Spread: 1 pips
Min deposit: $100
Markets: stocks, cfd, indices, crypto
Higher rating (4.3 vs 3.2) FCA regulated
Spread: 0.2 pips
Min deposit: None
Markets: indices, commodities, forex, cfd
Higher rating (4.4 vs 3.2) SEC, MAS, FCA, ASIC regulated
Spread: 0.8 pips
Min deposit: $100
Markets: stocks, commodities, indices, cfd
Higher rating (4.4 vs 3.2) MAS, CFTC, FCA, ASIC regulated
#4
FxPro
Spread: 0.6 pips
Min deposit: $100
Markets: forex, stocks, commodities, cfd
Higher rating (4.1 vs 3.2) FCA, ASIC regulated
#5
OANDA
Spread: 0.6 pips
Min deposit: None
Markets: cfd, commodities, indices, forex
Higher rating (4.3 vs 3.2) ASIC, MAS, CFTC regulated
Spread: 0.6 pips
Min deposit: $250
Markets: commodities, indices, cfd, stocks
Higher rating (4.3 vs 3.2) SEC, MAS, FCA, ASIC regulated
Spread: 0.9 pips
Min deposit: $100
Markets: forex, crypto, indices, commodities
Higher rating (4.0 vs 3.2) MAS, ASIC, FCA regulated
#8
Plus500
Spread: 0.6 pips
Min deposit: $100
Markets: commodities, cfd, indices, crypto
Higher rating (4.0 vs 3.2) MAS, ASIC, FCA regulated
#9
Deriv
Spread: 0.5 pips
Min deposit: $5
Markets: forex, commodities, indices, crypto
Higher rating (4.0 vs 3.2)
#10
XM
XM
3.9
Spread: 0.6 pips
Min deposit: $5
Markets: forex, stocks, cfd, indices
Higher rating (3.9 vs 3.2)
Spread: 0 pips
Min deposit: $200
Markets: crypto, forex, stocks, indices
Higher rating (4.1 vs 3.2) ASIC, FCA regulated
Spread: 0.5 pips
Min deposit: None
Markets: forex, stocks, indices, cfd
Higher rating (4.1 vs 3.2) MAS, FCA, ASIC regulated
Spread: 0.7 pips
Min deposit: None
Markets: commodities, forex, crypto, stocks
Higher rating (4.0 vs 3.2) MAS, ASIC, FCA regulated
#14
eToro
Spread: 1 pips
Min deposit: $50
Markets: commodities, forex, cfd, crypto
Higher rating (4.0 vs 3.2) FCA, ASIC, SEC regulated
#15
IronFX
Spread: 0 pips
Min deposit: $100
Markets: forex, commodities, cfd, indices
Higher rating (3.7 vs 3.2) ASIC, FCA regulated

Risk warning: Trading CFDs and forex carries significant risk. Ensure you understand the risks before depositing funds. Capital is at risk.

How to switch from Mandiri Sekuritas to an alternative

1

Open new account

Sign up with your chosen Mandiri Sekuritas alternative and complete identity verification.

2

Fund & test

Deposit funds and test the platform with a demo or small live trades.

3

Transfer positions

Close or transfer open positions at Mandiri Sekuritas. Some brokers support ACATS transfers.

4

Withdraw & close

Withdraw remaining balance from Mandiri Sekuritas and close the account if no longer needed.

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Frequently Asked Questions

1

What are the best alternatives to Mandiri Sekuritas?

The top alternatives to Mandiri Sekuritas include ForTrade, Interactive Brokers, Forex.com. These brokers offer similar markets with competitive fees and strong regulation.

2

Why switch from Mandiri Sekuritas?

Traders may look for Mandiri Sekuritas alternatives for lower fees, better platform selection, tighter spreads, different regulation, or access to markets not offered by Mandiri Sekuritas.

3

How do I compare Mandiri Sekuritas with alternatives?

Use BrokerRank's side-by-side comparison tool to compare Mandiri Sekuritas with any broker on fees, regulation, platforms, and markets. Visit our compare page to build your own comparison.

4

Is ForTrade better than Mandiri Sekuritas?

ForTrade is rated 4.3/5 compared to Mandiri Sekuritas's 3.2. The best choice depends on your priorities — ForTrade may offer advantages in fees, regulation, or platform features. Compare them side by side to decide.

5

How do I transfer my account from Mandiri Sekuritas to another broker?

To switch from Mandiri Sekuritas: 1) Open an account with your chosen alternative, 2) Complete verification (KYC), 3) Fund your new account, 4) Transfer or close open positions at Mandiri Sekuritas, 5) Withdraw remaining funds. Most brokers complete the process within 1–5 business days.

6

What is the cheapest alternative to Mandiri Sekuritas?

Pepperstone offers spreads from 0 pips, making it one of the most cost-effective alternatives to Mandiri Sekuritas.