#1Top Pick
IC Markets
True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5
4.7/ 5
Best Forex Brokers in Indonesia
Last updated
51
Brokers
Top Indonesian Forex Brokers
51 forex brokersSort:
Multi-regulated Australian ECN-style broker with fast execution, MT4 / MT5 / cTrader / TradingView and a strong active-trader rebate program.
Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Listed broker with global market access, lowest financing rates we benchmark, and the powerful TWS workstation.
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Frequently Asked Questions
Forex trading is regulated in Indonesia. The country currently has 51 brokers operating under its regulatory framework. Always verify a broker's licence with the BAPPEBTI before depositing funds.
Look for brokers regulated by the BAPPEBTI or a Tier 1 regulator such as the FCA or ASIC. Compare spreads, leverage caps, available instruments, and customer support in your language. Our list above is sorted by overall rating to help you shortlist quickly.
Regulated brokers under the BAPPEBTI are required to segregate client funds from company funds and participate in investor compensation schemes where applicable. Always check the broker's regulatory status and read the terms before depositing.
Leverage limits vary by jurisdiction. Under BAPPEBTI rules, traders in Indonesia are subject to local leverage restrictions, capped at 1:100 for major pairs. Check the specific broker's terms for the leverage available to residents of Indonesia.
Yes. Most brokers available in Indonesia offer iOS and Android apps compatible with platforms such as MetaTrader 4, MetaTrader 5, and cTrader. Look for brokers that list "Mobile Trading" as a key feature.
