Brokers by Country · ID
Stock Brokers in Indonesia, 2026
Tracked byIndependent review teamUpdated
Indonesia regulates retail forex through BAPPEBTI under the Commodity Futures Trading Act. Licensed local brokers — Monex Investindo Futures, Soegee Futures, Asia Tradepoint Futures and a handful of others — are required for residents to trade onshore. International CFD brands typically operate through offshore entities (Exness, FBS, OctaFX) and are not authorised under BAPPEBTI; OJK and BAPPEBTI publish regular warnings naming unauthorised platforms.
3 / 4 brokers accept Indonesia
stockEditorial top pick
01Editorial top pick
01Deriv
BVIMFSAOpen account at Deriv →- Avg spread
- 0.70pip
- Cost / lot
- $7.00
- Min deposit
- $5
- Max leverage
- 1:1000
editorial estimateno commissionEU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000$5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill
Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product categoryPlatformsMetaTrader 5, Deriv XFounded in 1999 · Verified Jun 1, 2026
- 02
02XM Group
ASICCySECIFSCOpen account at XM Group →- Avg spread
- 1.30pip
- Cost / lot
- $13.00
- Min deposit
- $5
- Max leverage
- 1:1000
midpoint of broker rangeno commissionEU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000$5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list
Fits ifYou want the lowest-friction entry in our list — $5 minimum depositPlatformsMetaTrader 4, MetaTrader 5, Web TraderFounded in 2009 · Verified Jun 1, 2026
- 03
03Libertex
SVG FSAOpen account at Libertex →- Avg spread
- 0.50pip
- Cost / lot
- $5.00
- Min deposit
- $10
- Max leverage
- 1:999
midpoint of broker rangeno commissionLibertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.$10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight
Fits ifYou have $10 to start — one of the lowest entry minimums in our listPlatformsMetaTrader 4, MetaTrader 5, Libertex PlatformFounded in 1997 · Verified Jun 1, 2026
Country context
- Regulator
- BAPPEBTI · Commodity Futures Trading Regulatory Agency — supervises retail FX/commodity brokerage; OJK supervises banking
- Currency
- IDR
- Payment methods
- Bank transferGoPayOVODana
Forex and commodity-derivatives profits earned by Indonesian residents are subject to personal income tax at progressive rates up to 35% (PPh Pasal 4 ayat 2 final tax of 0.1% on transaction value applies to certain BAPPEBTI-regulated futures). Profits from offshore brokers are taxable as foreign-source income for residents.
BAPPEBTI rules cap retail leverage at 1:200 for major FX pairs and 1:100 for cross pairs on licensed local brokers. Margin requirements are tracked daily. Negative balance protection is not statutorily required. There is no BAPPEBTI compensation scheme. Offshore CFD providers commonly offer 1:500–1:2000 to Indonesian clients but provide no local consumer recourse.
Frequently asked
Which brokers accept residents of Indonesia?+
3 of 4 brokers in our ranking accept Indonesia: Deriv, XM Group, Libertex.
Who regulates brokers for Indonesia?+
Primary regulator: BAPPEBTI — Commodity Futures Trading Regulatory Agency — supervises retail FX/commodity brokerage; OJK supervises banking.
What payment methods are available?+
Common methods: Bank transfer, GoPay, OVO, Dana.
What are the tax rules for trading in Indonesia?+
Forex and commodity-derivatives profits earned by Indonesian residents are subject to personal income tax at progressive rates up to 35% (PPh Pasal 4 ayat 2 final tax of 0.1% on transaction value applies to certain BAPPEBTI-regulated futures). Profits from offshore brokers are taxable as foreign-source income for residents.
Scope of coverage
- Brokers tracked
- 14
- Regulators indexed
- 55
- Regulator actions logged
- 2
- Latest pricing verification
- Jun 1, 2026
Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.