More about Phillip Capital
Broker availability
Is Phillip Capital Available in 🇮🇩 Indonesia?
Yes — Phillip Capital is available in Indonesia
Phillip Capital accepts clients from Indonesia. Regulated by MAS & ASIC.
Availability last verified: April 2026
Broker availability in 🇮🇩 Indonesia
164 / 340 brokers164 out of 340 brokers in our database accept clients from Indonesia (48% availability). See all available brokers →
Phillip Capital vs alternatives in 🇮🇩 Indonesia
| Regulator | MAS, ASIC | SEC, MAS | MAS, CFTC | SEC, MAS |
| Min. deposit | $0 | $0 | $100 | $250 |
| Spread from | 0 pips | 0.2 pips | 0.8 pips | 0.6 pips |
| Max leverage | 5 | 4 | 200 | 200 |
| Available | ✓ Yes | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Why choose Phillip Capital in 🇮🇩 Indonesia?
Min. deposit
$0
Spread from
0 pips
Max leverage
5
BrokerRank score
3.74 / 5
- MAS and ASIC regulated
- POEMS platform with wide market access
- Access to SGX, HKEx, US and more
- 50+ years in Asia-Pacific
- Regulated by MAS & ASIC — 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 top brokers available in 🇮🇩 Indonesia
Comparing Phillip Capital with other brokers available to Indonesia traders.
- Advanced tools for professional traders
- Access to 150+ markets in 33 countries
- Very low commissions
- MT4 and proprietary platform
- Extensive market research
- Part of StoneX Group (publicly listed)
- 50+ years in the industry
- ProRealTime charts available
- Excellent research and news
- Smart Trader Tools for MT4
- Excellent research and education
- Top-tier regulation (ASIC, FCA, CySEC)
About Phillip Capital
Regulated by
MAS, ASIC
Headquarters
Singapore
Founded
1975
Min. deposit
$0
BrokerRank score
3.74 / 5
Markets
indices, commodities, stocks
Frequently Asked Questions
1Is Phillip Capital available in Indonesia?
Yes — Phillip Capital accepts clients from Indonesia. The broker is regulated by MAS and ASIC. You can open a live account directly through their website.
2What are the best alternatives to Phillip Capital for Indonesia traders?
The top-rated brokers available in Indonesia include Interactive Brokers, Forex.com, IG Group. All are verified to accept clients from Indonesia and are regulated by reputable authorities.
3Can I use a VPN to access Phillip Capital from Indonesia?
Using a VPN to circumvent geo-restrictions violates Phillip Capital'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 340 brokers in the BrokerRank database accept clients from Indonesia. The top-rated options include Interactive Brokers, Forex.com, IG Group. You can see the full list on our Indonesia brokers page.