Best Brokers With IDR Accounts 2025
Dig into our top brokers offering IDR accounts, based on testing, designed to reduce conversion fees and optimize the experience for traders in Indonesia.
WriterJames Barra
Fact CheckerTobias Robinson
Brokers With:
Indonesian Rupiah (IDR)
Showing top 2 of 2 matching brokers.
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1Established in 2008, Exness is a respected broker known for offering over 40 account currencies, a wide choice of CFD instruments, and an intuitive web platform with features like currency converters and trading calculators.
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2Founded in 2019, Quotex is a binary broker providing over 400 assets like forex, stocks, indices, commodities, and cryptocurrencies. The platform focuses on user-friendly features, offering short-term contracts from 5 seconds to 4 hours, with payouts up to 95%.
Compare Brokers With IDR Accounts
| Broker |  |
Payment Methods |
|---|---|---|
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Airtel, AstroPay, Bitcoin Payments, Boleto, Cashu, Credit Card, Debit Card, FasaPay, M-Pesa, Mastercard, Neteller, Perfect Money, Skrill, Sticpay, Visa, WebMoney, Wire Transfer | |
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Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Mastercard, Visa | |
| Broker | |
Payment Methods |
Broker Details Comparison
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Assets |
Platforms |
|---|---|---|---|---|---|---|
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✓ | $10 | 0.01 Lots | 1:Unlimited | CFDs, Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral |
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✓ | $10 | $1 | ✗ | Binary Options on Stocks, Indices, Forex, Commodities, Cryptos | Web Platform |
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Assets |
Platforms |
Safety Comparison
Compare how safe the Best Brokers With IDR Accounts 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✓ | ✓ | |
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✗ | ✗ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Brokers With IDR Accounts 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Brokers With IDR Accounts 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $10 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $10 | $1 | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Brokers With IDR Accounts 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✓ | 1:Unlimited | ✓ | ✗ |
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✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Brokers With IDR Accounts 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ |
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✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Brokers With IDR Accounts 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Brokers With IDR Accounts 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✗ | $0 | 0.5 (Apple Inc.) | 0.0 | Floating | |
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✗ | $0 | ✗ | N/A | N/A | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Brokers With IDR Accounts 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Exness |
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Why Trade With Exness?
Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Pros
- Exness was the first brokerage to reach monthly trading volumes of $1 trillion and $2 trillion, demonstrating its credibility.
- Wide variety of account types for all experience levels, including Cent, Pro, and the new Raw Spread, ideal for traders.
- Fast and reliable 24/7 multilingual customer support through phone, email, and live chat, validated by practical tests.
Cons
- Exness has increased its variety of CFDs and introduced a copy trading feature, but it still lacks real assets like ETFs, cryptocurrencies, or bonds.
- MetaTrader 4 and 5 are supported, but TradingView and cTrader are not available yet, despite increasing demand from traders and their integration with other platforms like Pepperstone.
- Retail trading services are not available in some areas, such as the US and UK, which limits access compared to leading brokers like Interactive Brokers.
Why Trade With Quotex?
Quotex is perfect for binary traders seeking short-term trades on global markets, offering payouts up to 95%. The platform is frequently updated, offers daily trading signals, and is intuitive for new users.
Pros
- A free demo account with $10,000 in virtual funds allows new traders to practice strategies and test the platform without risking real money. It's a great tool for beginners to gain experience.
- Quotex allows trading with a minimum of $10, suitable for beginners and testing the platform with low risk. Withdrawals also start at $10, providing easy fund access.
- The web platform and app are user-friendly, featuring a clean design and easy order execution based on our tests. They offer multiple indicators and built-in trading signals, suitable for both beginners and experienced traders.
Cons
- Quotex is an offshore broker in a jurisdiction with loose regulations. It lacks the investor protection, dispute resolution, and fund security offered by regulated brokers, making it riskier.
- Quotex has limited market analysis tools and does not provide real-time financial news, economic calendars, or detailed research reports. It also lacks educational resources like courses, webinars, and expert insights, making it less suitable for beginners.
- Customer service is available only through email and social media, which may result in slow response times. Competitors like Videforex offer 24/7 live chat and phone support, allowing for quicker assistance with technical or withdrawal issues.
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Methodology
To identify the best brokers offering IDR-denominated accounts, we conducted a detailed assessment of both local and global platforms that cater to Indonesian traders.
We focused on brokers that support deposits, withdrawals, and trading in Indonesian Rupiah (IDR), ensuring easy access for traders based in Indonesia.
Our rankings were determined using over 200 factors, including transaction fees, platform usability and regulatory compliance.
Our analysis also incorporated feedback from real user experiences and practical testing by our experts to evaluate the overall service quality of each broker.
What Is an IDR Account?
An IDR account is a trading account where all transactions, deposits, withdrawals, and profits are denominated in Indonesian Rupiah (IDR).
As the official currency of Indonesia, IDR accounts are ideal for Indonesian traders who want to avoid the inconvenience and cost of converting their funds into other currencies for trading.
Many international brokers predominantly offer USD or EUR accounts, making it important to find platforms that cater to IDR for local traders. Less than 5% of the firms we’ve tested support IDR trading accounts.
Having an IDR account provides several advantages for Indonesian traders:
- Avoiding Currency Conversion Fees: With an IDR account, Indonesian traders don’t need to convert their funds into USD, EUR, or other currencies, which helps save on conversion fees and simplifies the process of funding and withdrawing.
- Seamless Access to Indonesian Assets: An IDR account makes it easier to invest in Indonesian stocks, bonds, and other financial instruments listed on the Indonesian Stock Exchange (IDX).
- Hedging Against Currency Risk: Using an IDR account reduces exposure to currency fluctuations, which is especially beneficial for traders whose earnings, expenses, or financial obligations are in Indonesian Rupiah.
How Do I Open an IDR Account?
Opening an IDR trading account is a straightforward process. Here are the essential steps:
- Choose a Broker: Select a broker that supports IDR as a base currency option. Ensure the broker is regulated by the Financial Services Authority of Indonesia (OJK) or another trusted body and offers services that suit your trading needs, such as access to local Indonesian assets and low fees.
- Register an Account: Complete the broker’s registration process, which typically involves providing proof of identity (e.g., KTP or NPWP) and address verification, in accordance with Indonesian financial regulations.
- Select IDR as Your Base Currency: During the account setup, choose IDR as your base currency to ensure all transactions are handled in Indonesian Rupiah.
- Fund Your Account: Deposit funds into your IDR account through local payment methods, such as bank transfers (via mobile payments or online banking) or services like GoPay and OVO, which are widely used in Indonesia.
- Start Trading: Once your account is funded, you can begin trading Indonesian and international financial assets directly in IDR, with no need for currency conversion.
Should I Use an IDR Trading Account?
An IDR trading account is ideal for you if any of the following apply:
- You Live in Indonesia: If you are based in Indonesia, using an IDR account simplifies deposits, withdrawals, and regulatory compliance.
- You Trade Indonesian Stocks: If you are focused on trading Indonesian stocks, bonds, or mutual funds, an IDR account removes the need for unnecessary conversion fees and provides smoother access to the Indonesian market.
- You Want to Protect Against Currency Fluctuations: By keeping your trading in IDR, you can avoid the impact of exchange rate fluctuations on your local expenses and investments.
- You Prefer Local Payment Methods: Brokers with IDR accounts often support local payment methods, such as GoPay, OVO, and Indonesian bank transfers, making transactions faster and more affordable.
What Are the Limitations of an IDR Trading Account?
- Limited Broker Availability: While IDR is widely used in Indonesia, many international brokers do not offer IDR as a base currency from our analysis. This can limit the range of brokers available to Indonesian traders.
- Conversion Costs for Global Assets: If you trade in foreign markets or assets denominated in other currencies (USD, EUR, JPY), you may incur additional currency conversion fees when converting IDR for those trades.
- Currency Volatility: While the Indonesian Rupiah is relatively stable compared to other emerging market currencies, fluctuations in the IDR’s value against major currencies may still impact returns when trading foreign assets.
- Liquidity Issues for Global Assets: Compared to major currencies like USD and EUR, IDR may face reduced liquidity in the global markets. This can sometimes result in wider spreads or fewer trading pairs for international forex and commodity markets.