More about NAGA
Broker availability
Is NAGA Available in 🇮🇩 Indonesia?
Yes — NAGA is available in Indonesia
NAGA accepts clients from Indonesia. Regulated by CySEC.
Availability last verified: October 2026
Broker availability in 🇮🇩 Indonesia
164 / 341 brokers164 out of 341 brokers in our database accept clients from Indonesia (48% availability). See all available brokers →
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NAGA vs alternatives in 🇮🇩 Indonesia
| Regulator | CySEC | FCA, CySEC | FCA, ASIC | MAS, CySEC |
| Min. deposit | $250 | $100 | $100 | $100 |
| Spread from | 0.7 pips | 1 pips | 0.6 pips | 0.6 pips |
| Max leverage | 500 | 500 | 500 | 30 |
| Available | ✓ Yes | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Why choose NAGA in 🇮🇩 Indonesia?
Min. deposit
$250
Spread from
0.7 pips
Max leverage
500
BrokerRank score
3.53 / 5
- MT4 and MT5 supported
- Crypto included
- Real stocks and CFDs on one platform
- Social/copy trading community
- Regulated by CySEC — legally available to Indonesia residents under OJK (Otoritas Jasa Keuangan) & BAPPEBTI
Trading conditions in 🇮🇩 Indonesia
Regulated by OJK (Otoritas Jasa Keuangan) & BAPPEBTI. Max forex leverage: 1:100 (BAPPEBTI licensed). Permitted instruments: Stocks, Forex (BAPPEBTI), Futures, Crypto (BAPPEBTI). Indonesia has a dedicated futures regulator (BAPPEBTI). Only BAPPEBTI-licensed brokers can legally offer forex to Indonesian retail clients.
Other recommended brokers available in 🇮🇩 Indonesia
Comparing NAGA with other brokers available to Indonesia traders.
- No commissions on spreads
- FCA, ASIC and CySEC regulated
- Islamic accounts available
- FCA regulated with strong reputation
- Supports MT4, MT5, and own platform
- Negative balance protection
- Commission-free CFD trading (other fees may apply)
- Simple, user-friendly platform
- Wide range of CFD instruments (2,800+)
- Good educational content
- Regulated in 6 jurisdictions
- No commission on most accounts
About NAGA
Regulated by
CySEC
Headquarters
Hamburg, Germany
Founded
2015
Min. deposit
$250
BrokerRank score
3.53 / 5
Markets
forex, indices, commodities
Frequently Asked Questions
1Is NAGA available in Indonesia?
Yes — NAGA accepts clients from Indonesia. The broker is regulated by CySEC. You can open a live account directly through their website.
2What are the best alternatives to NAGA for Indonesia traders?
Brokers we recommend in Indonesia include ForTrade, FxPro, Plus500. All are verified to accept clients from Indonesia and are regulated by reputable authorities.
3Can I use a VPN to access NAGA from Indonesia?
Using a VPN to circumvent geo-restrictions violates NAGA's terms of service and can result in account closure or frozen funds. It also leaves you without regulatory protection. We strongly recommend using a broker that is properly licensed to serve your country.
4Is forex trading legal in Indonesia?
Yes — forex trading is legal in Indonesia and regulated by OJK (Otoritas Jasa Keuangan) & BAPPEBTI. The maximum permitted leverage for forex is 1:100 (BAPPEBTI licensed). Only brokers licensed in Indonesia or operating under an approved passporting arrangement can legally serve retail clients.
5What leverage is available for traders in Indonesia?
Forex: up to 1:100 (BAPPEBTI licensed). Stocks: up to 1:5. These limits are set by OJK (Otoritas Jasa Keuangan) & BAPPEBTI and apply to all licensed brokers serving Indonesia residents. Indonesia has a dedicated futures regulator (BAPPEBTI). Only BAPPEBTI-licensed brokers can legally offer forex to Indonesian retail clients.
6Which financial instruments can traders in Indonesia access?
Traders in Indonesia regulated by OJK (Otoritas Jasa Keuangan) & BAPPEBTI can access the following instruments: Stocks, Forex (BAPPEBTI), Futures, Crypto (BAPPEBTI). Indonesia has a dedicated futures regulator (BAPPEBTI). Only BAPPEBTI-licensed brokers can legally offer forex to Indonesian retail clients.
7Which brokers accept clients from Indonesia?
164 out of 341 brokers in the BrokerRank database accept clients from Indonesia. Recommended options include ForTrade, FxPro, Plus500. You can see the full list on our Indonesia brokers page.