We found 11 online brokers that are appropriate for Trading Indonesia.
Your choice of brokers in Indonesia can significantly impact your trading experience. In Indonesia, you have a range of options including full-service brokers, discount brokers, and advanced online trading platforms. Local examples include Mandiri Sekuritas, Danareksa Sekuritas, and Indo Premier. Rather than relying solely on globally recognized names, it’s important to evaluate key factors like regulation, fees, trading platforms, and customer support to ensure a seamless and secure trading experience.
Ensuring that your broker is properly licensed is crucial. In Indonesia, brokers must be authorized by the Otoritas Jasa Keuangan (OJK) the country’s Financial Services Authority responsible for supervising the overall financial sector. Additionally, for futures and forex trading, brokers are regulated by the BAPPEBTI. If you’re trading equities, you’ll be interacting with the Indonesia Stock Exchange (IDX), where transactions are conducted in the local currency, the Indonesian Rupiah (IDR).
Popular financial instruments in Indonesia include equities (such as shares of companies like Bank Central Asia and Bank Mandiri), bonds, mutual funds, commodities (e.g., palm oil and rubber), and forex pairs. With both local and international brokers available, choosing one that offers the instruments and platforms suited to your trading style—whether you prefer traditional full-service advice or modern, tech-driven online platforms—is key to trading with confidence.
Finding the right broker is essential for Indonesian traders who want access to global markets with secure, fast, and reliable trading platforms. Below is a list of some of the best brokers available in Indonesia, offering a wide range of financial instruments, competitive trading conditions, and localized payment options.
IC Markets is a top-tier choice for Indonesian traders seeking fast execution and tight spreads. The broker provides access to Forex, commodities, indices, stocks, and cryptocurrencies via advanced platforms like MT4, MT5, cTrader, and TradingView. With execution speeds averaging 40ms and free low-latency VPS hosting, it is ideal for scalpers and algorithmic traders.
IC Markets is available in Indonesia through its offshore entity, ensuring accessibility for local traders. The broker operates under ASIC and CySEC regulation, maintaining strong oversight. Additionally, it supports multiple funding options, including e-wallets and bank transfers, making deposits and withdrawals convenient for Indonesian traders.
RoboForex stands out for its high leverage, competitive spreads, and automated trading capabilities. It offers Forex, stocks, commodities, ETFs, and cryptocurrencies with tight spreads starting at zero. The broker supports MT4, MT5, and cTrader, ensuring seamless trading across devices.
Indonesian traders can access RoboForex through its global operations. The broker provides localized payment solutions like online banking and e-wallets for easy transactions. Features like copy trading and Expert Advisor (EA) integration make it a great choice for traders looking to diversify strategies.
XTB is a top broker for traders looking for extensive market analysis tools. It offers Forex, indices, commodities, cryptocurrencies, and stocks with advanced research and educational resources.
Indonesian traders can access XTB through its offshore operations. It is regulated by the FCA and CySEC, ensuring a secure trading environment. The broker provides a proprietary platform, xStation, known for its intuitive interface and fast execution.
XM offers a well-rounded trading experience with flexible account types and diverse financial instruments, including Forex, commodities, and stocks. It is known for excellent customer support and user-friendly platforms.
The broker operates in Indonesia through its international branches, providing convenient funding options for local traders. Regulated by ASIC, CySEC, and IFSC, XM ensures a high level of security and compliance.
Pepperstone is renowned for its low spreads and lightning-fast execution, making it ideal for scalpers and day traders. It offers Forex, commodities, indices, and cryptocurrencies via MT4, MT5, and cTrader.
Indonesian traders can access Pepperstone through its offshore entity. The broker is regulated by ASIC and the FCA, ensuring reliability. It also supports local deposit methods, making transactions hassle-free.
AvaTrade is a versatile broker offering Forex, stocks, commodities, and cryptocurrencies with commission-free trading. It features an intuitive mobile app (AvaTradeGo) and a social trading platform (AvaSocial).
Indonesian traders can trade with AvaTrade through its offshore operations. It is regulated by multiple authorities, including ASIC and CySEC, and provides local funding options for convenience.
FP Markets offers high-speed trading on MT4 and MT5 with tight spreads and deep liquidity. It provides Forex, stocks, commodities, and cryptocurrencies, catering to traders who need cost-efficient solutions.
The broker is available to Indonesian traders through its international branches. It supports local payment methods and is regulated by ASIC, ensuring a reliable and transparent trading environment.
Indonesia's main securities exchange is the Indonesia Stock Exchange (IDX), which provides a platform for trading stocks, bonds, and other financial instruments. The official currency is the Indonesian Rupiah (IDR). When trading, I consider currency conversion rates and any associated fees, especially if my broker operates in a different currency.
When I choose a broker available in Indonesia, I focus on trading fees, platform features, and regulation, as well as the availability of support in Bahasa Indonesia and considerations for trading in Indonesian Rupiah (IDR).
Indonesia's brokers are regulated by the Financial Services Authority (OJK). This ensures that my funds are protected and that brokers operate under strict financial guidelines. The OJK enforces transparency and security, making Indonesia a safe place to trade. Indonesian financial regulations align with both local and international standards, further enhancing security for traders.
Low trading fees and transparent pricing are crucial to me. Indonesian brokers often offer commission-free trading on select stocks and ETFs. Deposit and withdrawal fees are generally competitive and charged in IDR, making trading more cost-effective. Many brokers also offer tiered pricing structures to cater to different types of traders, from beginners to advanced professionals.
Depositing funds with an Indonesian broker is safe and efficient. Most traders use local bank transfers, which are widely supported by Indonesian banks, ensuring smooth transactions in IDR. Brokers follow strict Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations, keeping transactions secure and compliant with Indonesian financial laws. Additionally, many brokers offer payment through popular e-wallets, providing quick and secure transaction processing.
Good customer support helps me resolve issues quickly. Leading Indonesian brokers provide support via live chat, phone, and email, often in both Bahasa Indonesia and English, ensuring clear communication for local traders.
Many Indonesian brokers also offer educational resources, including webinars, trading courses, and market analysis, to help traders enhance their skills. These resources, frequently available in Bahasa Indonesia, are particularly helpful for those new to trading or looking to deepen their knowledge of specific asset classes, such as forex or cryptocurrencies.
Understanding your tax obligations is essential for traders in Indonesia. Indonesian tax laws require that any income generated from trading activities—including capital gains, dividends, and interest—be declared. This applies to transactions made on both local and international markets.
Traders should be aware that capital gains are taxed at rates that may vary depending on overall income. Additionally, if you participate in trading activities abroad, you may need to report foreign income and potentially apply for tax credits, in accordance with Indonesian tax regulations. It is important to keep detailed records of all trading transactions to ensure accurate reporting and compliance during tax assessments or audits.
Before you start trading, it is highly recommended that you consult a tax professional or refer to the official guidelines to ensure you meet all legal requirements. Check the website of the Indonesian Directorate General of Taxes.
When I choose a broker in Indonesia, I make sure they are regulated, transparent with fees, and offer reliable platforms and support. Tax considerations and investor protection schemes are also important factors in making an informed decision. Brokers with demo accounts allow me to test strategies risk-free, helping me build confidence before trading with real money.
For Indonesian traders, a balanced approach is key: I prioritize security, competitive trading conditions, and strong customer support. Rather than being swayed by high leverage or promotions, I focus on a broker's overall reliability and reputation. With careful research and risk management, I can trade with greater confidence and sustainability.
We have conducted extensive research and analysis on over multiple data points on Indonesia Brokers to present you with a comprehensive guide that can help you find the most suitable Indonesia Brokers. Below we shortlist what we think are the best indonesia brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Indonesia Brokers.
When trading in Indonesia you will need to chec what your options with your Indonesia trading broker are.
We list below the various regulated trading account types available to traders in Indonesia. If you are looking for a trading platform or broker in Indonesia that are suitable for trading in Forex, CFD's, indices, stocks, and ETFs, Cryptocurrencies (availability subject to regulation) or commodity markets; this Indonesia broker guide will explain the things you should check and be aware of before you invest.
You've probably noticed how Forex trading is really taking off in Indonesia, right? Over the past half-dozen years or so, the trading volume in Indonesia has been on a steady climb. It's like everyone in Indonesia is getting in on the action. But traders in Indonesia must understand the risks.
Across the world $7.5 trillion USD in volume is traded every single day. Commodities global trading volume is around $380 million USD a day. Global stock markets trading volume is around 460 million USD a day.
Modern software, more affordable mobile devices in Indonesia and higher internet uptake in Indonesia has increased competition for new trading clients among brokerages in Indonesia, which has opened Forex trading to a new audience.
There's this common myth floating around that diving into Forex trading in Indonesia is illegal, this is not the case, but Forex trading in Indonesia is risky. Forex trading in Indonesia is not a get rich quick scheme, you will be competing with people not just in Indonesia, but all over the world. The key, though, is to be smart about it. You have to choose a broker in Indonesia that's not just reputable but also strictly regulated and allowed to offer services to traders in Indonesia.
Trading in Forex is allowed in Indonesia as businesses dealing internationally must exchange currency. Forex is an integral part of import and export in Indonesia and investing internationally. Indonesia Forex trading is not banned, their are many top-notch international online brokers available to traders in Indonesia offering regulated trading environments.
Once a traders profits reach a level where the income on the Forex trading can be taxed in Indonesia the trader should make sure all taxes owed for a financial year are paid. Just a heads up about the tax situation here in Indonesia. You've must file taxes in Indonesia even if the markets chewed you up and you spat out losses this year. Also in Indonesia you can't claim any trading losses against your personal income taxes, unfortunately. Don't just wing it - get yourself some solid advice from a qualified tax pro in Indonesia who knows the ins and outs of the tax labyrinth in Indonesia. In Indonesia, Islamic accounts are not restricted.
Here in Indonesia, the crypto scene is still pretty new, and cryptocurrency in Indonesia is getting more and more tangled up in the local financial regulatory rule in Indonesia. The thing about cryptos is, they operate on this decentralized model, right? So, unlike our traditional currency markets in Indonesia, they're not as rattled by interest rate shifts or the political drama in Indonesia that's always on the news. Crypto in Indonesia is a different beast altogether.
You know, with the surge of younger traders in Indonesia, who are not only tech-savvy but also starting to speculate with decent money in Indonesia, there's a noticeable shift happening in Indonesia towards the crypto market (which is highly volitle and high risk in Indonesia). Cryptocurrency traders in Indonesia contribute to the $20 billion USD worth of Bitcoin is traded daily around the world.
In Indonesia commodity trading includes the trade in precious metals, energies and agricultural commodities.
Some commodities like metals are seeing exponential growth in Indonesia since 2002.
Fast growing countries like China and India have been growing rapidly over the last 3 decades. This has meant that countries like China and India have a vast requirement for many basic commodities and raw materials for their populations. Crops to feed people and metal to build infrastructure for example. This means countries like Indonesia are able to take advantage of this demand.
We list brokers that allow you to trade commodities in Indonesia here.
Indonesia brokers support Islamic accounts or swap-free accounts. Indonesia Islamic accounts have no rollover interest on overnight positions to comply the Muslim faith. Traders of Islamic faith are forbidden to pay interest. Brokers in Indonesia offer accounts that are suitable for Islamic traders. These Indonesia brokers complies with Sharia law.
Indonesia economy and population is growing. The middle class population in Indonesia is increasing which means a growing consumer base. Many business and financial opportunities exist in Indonesia. Indonesia has a young population educated in technology and the internet.
Indonesia digitisation of financial trading has made it easier to defraud unsuspecting investors across the internet. Make sure the broker you trade with is regulated and passes the checklist in this Indonesia guide. Educate yourself as much as possible open a demo account if necessary be you open a live trading account.
Learn about leverage when trading. Indonesia Brokers offering high leverage trades in Indonesia can mean high profit margins. But this goes both was it can also mean huge losses. There are things like negative balance protection and stop loss accounts which some Indonesia brokers offer as a level of protection. you can learn more about further below on this guide.
Selecting a reliable and reputable online Indonesia trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Indonesia more confidently.
Selecting the right online Indonesia trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
It is not essential that your brokerage is local but they must have regulation from a Tier 1 reputable country. In fact the brokers international regulation could be more reputable than your local region.
When deciding to trade and find a suitable Indonesia broker if you wish your broker to be 100% local check they are governed and regulated by the below.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for indonesia trading, it's essential to compare the different options available to you. Our indonesia brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a indonesia broker that best suits your needs and preferences for indonesia. Our indonesia broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Indonesia Brokers (ID).
Compare indonesia brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a indonesia broker, it's crucial to compare several factors to choose the right one for your indonesia needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are indonesia brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more indonesia brokers that accept indonesia clients.
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IC Markets
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Admiral
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ThinkMarkets
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FXPrimus
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locality | IC Markets accept Indonesia clients | XM accept Indonesia clients | Pepperstone accept Indonesia clients | AvaTrade accept Indonesia clients | FP Markets accept Indonesia clients | easyMarkets accept Indonesia clients | SpreadEx accept Indonesia clients | FxPro accept Indonesia clients | Admiral Markets accept Indonesia clients | ThinkMarkets accept Indonesia clients | FXPrimus accept Indonesia clients |
Regulation | Seychelles Financial Services Authority (FSA) (SD018) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) |
Min Deposit | 200 | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 | 1 | 50 | 15 |
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Used By | 200,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ | 30,000+ | 450,000+ | 300,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) |
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Learn More |
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Up with icmarkets |
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Up with xm |
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Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
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Up with admiralmarkets |
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Up with thinkmarkets |
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Up with fxprimus |
Risk Warning | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits |
Demo |
IC Markets Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets Demo |
ThinkMarkets Demo |
FXPrimus Demo |
Excluded Countries | US, IR, CA, NZ, JP | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR | RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. |
You can compare Indonesia Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Indonesia Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Indonesia brokers below.