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🇮🇩Indonesia Expert-reviewed Updated Oct 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 — the order is never for sale.

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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

1:500

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 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 — the order is never for sale.

#1 Top Pick in Indonesia
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
Regulated: FCA, CFTC, ASIC
Spread from: 0.8 pips
Min deposit: $100
Markets: forex, cfd, stocks, indices
Regulated: FCA, ASIC, CySEC
Spread from: 1 pips
Min deposit: $100
Markets: forex, cfd, indices, commodities
#4
Kraken
Regulated: FCA, CFTC
Spread from: 0.2 pips
Min deposit: None
Markets: crypto
#5
OANDA
Regulated: CFTC, FCA, ASIC
Spread from: 0.6 pips
Min deposit: None
Markets: forex, cfd, indices, commodities
Regulated: FCA, ASIC, MAS
Spread from: 0.6 pips
Min deposit: $250
Markets: cfd, forex, stocks, indices
Regulated: FCA, SEC
Spread from: 0.5 pips
Min deposit: None
Markets: crypto
Regulated: FCA, MAS
Spread from: 0.4 pips
Min deposit: None
Markets: crypto
#9
Upbit
Regulated: FSC, MAS
Spread from: 0 pips
Min deposit: None
Markets: crypto
#10
FxPro
Regulated: FCA, CySEC, ASIC
Spread from: 0.6 pips
Min deposit: $100
Markets: forex, cfd, stocks, indices
Regulated: ASIC, FCA, CySEC
Spread from: 0 pips
Min deposit: $200
Markets: forex, cfd, crypto, stocks
#12
Plus500
Regulated: FCA, CySEC, ASIC
Spread from: 0.6 pips
Min deposit: $100
Markets: cfd, forex, stocks, indices

Our Partner Brokers

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

#1ForTrade logo
ForTrade
4.3
FCA
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#2FxPro logo
FxPro
4.1
FCA
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#5Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

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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.

Frequently Asked Questions

1

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.

2

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.

3

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.

4

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.

5

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.

6

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.

7

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.

8

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.

9

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.

Deposit methods accepted by top brokers in Indonesia

Bank Wire12/12
Credit Card12/12
Skrill12/12
Neteller12/12
Crypto9/12
PayPal7/12

Based on 12 top-rated brokers available in Indonesia. Bank transfer and credit cards are universally accepted.

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