Best forex brokers in Indonesia.
9 brokers with real search demand from Indonesia, ranked by regulation, yearly cost and outside ratings.
Local brokers
Brokers for Indonesia residents only.
Licensed in Indonesia and open only to its residents, so they don't appear in our global rankings. Ranked by the same formula.
| # | Broker | Regulation | Max leverage | |||||
|---|---|---|---|---|---|---|---|---|
| 1 | Monex Investindo Futures (MIFX) MT5 · own app | 5.7 | TIER 2 · BAPPEBTI · OJK +1 | — | — | — | 2.4 (7) | Verdict |
| 2 | Didimax MT5 · Didimax Jafetscolt | 5.3 | TIER 3 · BAPPEBTI | — | $50 | 1:400 | 3.1 (2) | Verdict |
International brokers
Global brokers traders in Indonesia use.
| # | Broker | Regulation | Max leverage | |||||
|---|---|---|---|---|---|---|---|---|
| 1 | FxPro MT4 · MT5 | 8.1 | TIER 1 · FCA · SCB +1 | — | $0 | 1:500 | — | Verdict |
| 2 | HFM (HotForex) MT4 · MT5 · RBI Alert List | 8.1 | TIER 1 · FCA · FSA-SC +1 | — | $0 | 1:2000 | — | Verdict |
| 3 | FBS MT4 · MT5 · RBI Alert List | 7.4 | TIER 2 · CySEC | — | $5 | 1:3000 | 4.3 (10,035) | Verdict |
| 4 | Exness — · RBI Alert List | 7.2 | TIER 2 · FSA-SC · FSCA +4 | — | — | — | 4.7 (33,688) | Verdict |
| 5 | NAGA own app · TradingView | 7.2 | TIER 2 · CySEC · FSCA +2 | $1,440 | — | — | 3.4 (4,098) | Verdict |
| 6 | JustMarkets MT4 · MT5 · RBI Alert List | 6.9 | TIER 2 · FSA-SC · FSC-MU +2 | — | $10 | 1:3000 | — | Verdict |
| 7 | Tickmill MT4 · MT5 · RBI Alert List | 6.8 | TIER 1 · FSA-SC · FCA +3 | — | $100 | 1:1000 | 2.3 (1,193) | Verdict |
| 8 | Pepperstone MT4 · MT5 · RBI Alert List | 6.6 | TIER 3 · SCB · CMA-KE | — | $0 | 1:30 | 4.2 (3,712) | Verdict |
| 9 | XM MT4 · MT5 · RBI Alert List | 4.6 | OFFSHORE · FSC-BZ | — | $5 | — | — | Verdict |
Inclusion rule: Indonesia is one of the broker's top five organic-search markets, or sends it at least 500 organic visits a month (Semrush). Brokers that bar residents of Indonesia in their terms are removed when we find it.