🇮🇩Indonesia Expert-reviewed Updated May 2026

Best Brokers in Indonesia (2026)

12 top-rated brokers ranked for traders in Indonesia. Every pick is independently scored on regulation, fees, platforms and markets — no paid placements.

Quick Answer

There are 101 regulated brokers available to traders in Indonesia, led by Interactive Brokers (4.43/5). 12 of them hold tier-1 licences (FCA, ASIC, CySEC or equivalent). Average minimum deposit is $71. Forex trading in Indonesia is regulated by the Financial Services Authority (OJK) and BAPPEBTI.

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101

Brokers available

12 of 12

Tier-1 regulated

$71

Avg min deposit

1:3,000

Max leverage

Trading in Indonesia

Indonesia's commodity and forex markets are regulated by BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi), which licences domestic futures brokers. Most Indonesian retail forex traders use internationally regulated brokers — particularly those holding FCA (UK) or ASIC (Australia) licences — as BAPPEBTI does not licence international CFD brokers. The Indonesian rupiah (IDR) is rarely supported as a base currency; USD accounts are standard.

Indonesia is the world's largest Muslim-majority country with over 230 million Muslim citizens, making Islamic (swap-free) forex accounts a priority for many traders. All brokers in our rankings that are available to Indonesian clients offer verified swap-free accounts with no overnight interest charges. See our dedicated guide to the best Islamic forex brokers in Indonesia.

Top 3 brokers in Indonesia compared

Broker	Score	Regulated by	Spread from	Min deposit
Interactive Brokers	4.4/5	SEC	0.2 pips	None	Visit
Forex.com	4.4/5	FCA	0.8 pips	$100	Visit
IG Group	4.3/5	FCA	0.6 pips	$250	Visit

Top 12 Brokers in Indonesia

Full ranking

How we chose: We evaluated 101 brokers available to traders in Indonesia and ranked them by OJK/BAPPEBTI compliance, trading fees, platform quality, and markets offered. Only brokers with verifiable regulation and segregated client funds were included. Scores are calculated by our independent rating algorithm — no broker pays for placement.

#1 Top Pick in Indonesia

Interactive Brokers

4.4

Regulated: SEC, CFTC, FCA

Spread from: 0.2 pips

Min deposit: None

Markets: stocks, forex, cfd, indices

Advanced tools for professional traders Access to 150+ markets in 33 countries

Visit Interactive Brokers Full review

Forex.com

4.4

Regulated: FCA, CFTC, ASIC

Spread from: 0.8 pips

Min deposit: $100

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

IG Group

4.3

Regulated: FCA, ASIC, MAS

Spread from: 0.6 pips

Min deposit: $250

Markets: cfd, forex, stocks, indices

Visit broker Read review

Fees Regulation Platforms

FxPro

4.1

Regulated: FCA, CySEC, ASIC

Spread from: 0.6 pips

Min deposit: $100

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

Pepperstone

4.1

Regulated: ASIC, FCA, CySEC

Spread from: 0 pips

Min deposit: $200

Markets: forex, cfd, crypto, stocks

Visit broker Read review

Fees Regulation Platforms

OANDA

4.1

Regulated: FCA, CFTC, ASIC

Spread from: 0.6 pips

Min deposit: None

Markets: forex, cfd, indices, commodities

Visit broker Read review

Fees Regulation Platforms

City Index

4.1

Regulated: FCA, ASIC, MAS

Spread from: 0.5 pips

Min deposit: None

Markets: cfd, forex, stocks, indices

Visit broker Read review

Fees Regulation Platforms

3.9

Regulated: CySEC, ASIC, FCA

Spread from: 0.6 pips

Min deposit: $5

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

Plus500

4.0

Regulated: FCA, CySEC, ASIC

Spread from: 0.6 pips

Min deposit: $100

Markets: cfd, forex, stocks, indices

Visit broker Read review

Fees Regulation Platforms

#10

AvaTrade

4.0

Regulated: FCA, ASIC, MAS

Spread from: 0.9 pips

Min deposit: $100

Markets: forex, cfd, crypto, stocks

Visit broker Read review

Fees Regulation Platforms

#11

BlackBull Markets

3.9

Regulated: FCA, ASIC

Spread from: 0 pips

Min deposit: None

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

#12

FBS

3.9

Regulated: CySEC, ASIC, FSCA

Spread from: 0 pips

Min deposit: $1

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

See all 101 brokers

Compare top brokers in Indonesia

All comparisons

Interactive Brokers vs Forex.com Interactive Brokers vs IG Group Interactive Brokers vs FxPro Forex.com vs IG Group

More rankings for Indonesia

Best Forex Brokers in Indonesia Best Stock Brokers in Indonesia Best Crypto Exchanges in Indonesia Best CFD Brokers in Indonesia Islamic Brokers in Indonesia

Risk warning: Trading CFDs and forex carries significant risk and may not be suitable for all investors. Ensure you understand the risks involved before depositing any funds. Capital is at risk.

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Frequently Asked Questions

Which broker is best for traders in Indonesia?

Interactive Brokers is our top-rated broker available in Indonesia with a BrokerRank score of 4.43/5, offering competitive fees, strong regulation, and a wide range of markets.

Who regulates forex trading in Indonesia?

Forex trading in Indonesia is regulated by the Financial Services Authority (OJK) and BAPPEBTI. Brokers operating in Indonesia should hold a licence from OJK/BAPPEBTI or an equivalent recognised regulator. International brokers regulated by FCA (UK), ASIC (Australia) or CySEC (EU) are also commonly used by traders in Indonesia.

Is forex trading legal in Indonesia?

Yes, forex trading is legal in Indonesia and is regulated by the Financial Services Authority (OJK) and BAPPEBTI. Traders should use brokers that are licensed by OJK/BAPPEBTI or hold equivalent international regulation to ensure legal protection and fund safety.

Are online brokers legal in Indonesia?

Online forex and CFD trading is legal in Indonesia when using a regulated broker. The primary regulator is Financial Services Authority (OJK) and BAPPEBTI. Always verify that the broker you choose holds a valid licence from a recognised financial regulator before depositing funds.

Is it safe to trade forex in Indonesia?

Trading forex in Indonesia is safe when you use a properly regulated broker. Choose a broker licensed by OJK/BAPPEBTI, which requires client fund segregation, regular audits, and transparent pricing. Key safety measures include: keeping funds in segregated accounts, enabling two-factor authentication, and never investing more than you can afford to lose.

What should I look for in a broker as a trader in Indonesia?

Key factors include OJK/BAPPEBTI regulation or equivalent, local currency support to avoid conversion fees, competitive spreads, and a platform that suits your trading style. Our rankings above are filtered to brokers that accept clients from Indonesia.

Do I need to pay tax on forex profits in Indonesia?

Tax treatment of forex trading profits varies by country and individual circumstances. In Indonesia, trading profits may be subject to capital gains tax, income tax, or other levies depending on your trading frequency and status. Consult a qualified tax advisor in Indonesia for guidance specific to your situation. BrokerRank does not provide tax advice.

How do I compare brokers in Indonesia?

Use BrokerRank's comparison tool to view any two brokers side-by-side across fees, regulation, platforms and markets. Visit /compare to build your own comparison.

What is the best forex broker in Indonesia for beginners?

For beginner traders in Indonesia, the best forex broker is one with a low minimum deposit, an intuitive platform, and strong educational resources. Interactive Brokers is our top-rated pick for Indonesia overall. Look for brokers offering demo accounts, clear fee structures, and responsive customer support in your language.