Best Brokers in Indonesia For 2026

Explore the best brokers for traders in Indonesia. Use our comparison tables and filters to find the right trading platform for your needs.

Written By
James Barra

Fact Checked By
Tobias Robinson

Edited By
William Berg

Updated
October 2, 2026

Jump To: Top List Compare Opinions

Your capital is at risk. Trade only with funds you can afford to lose.

✔ Tested with a live trading account

✔ Accept traders from Indonesia

Compare IC and Exness Details

Showing 5 of 46 matching brokers

1

IC

IC Markets (now IC) is a global forex and CFD broker known for competitive pricing, a wide range of instruments, and advanced trading technology. Founded in 2007 and based in Australia, it is regulated by ASIC, CySEC, and FSA, serving over 200,000 clients in more than 200 countries.

Demo Account

Yes

Minimum Deposit

$200

Minimum Trade

0.01 Lots

Leverage

1:5000 (FSA Only)

Copy Trading

Yes

Regulator

ASIC, CySEC, FSA, SCB, CMA-Kenya

Instruments

CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto

Platforms

MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Automated Trading

Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade

AI

No

Guaranteed Stop Loss

No

Go to IC
2

Exness

Founded in 2008, Exness is a respected broker offering 40+ account currencies, a growing range of CFD instruments, and an easy-to-use web platform with currency converters and trading calculators.

✓ Supports IDR Accounts

Demo Account

Yes

Minimum Deposit

$10 (varies by account and payment method)

Minimum Trade

0.01 Lots

Leverage

1:Unlimited (via offshore entities)

Copy Trading

Yes

Regulator

FSCA, CMA-Kenya, FSA, CBCS, BVIFSC, FSC, JSC, FCA (B2B only), CySEC (B2B only)

Instruments

CFDs on Forex, Stocks, Indices, Commodities, Crypto

Platforms

Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY

Automated Trading

Expert Advisors (EAs) on MetaTrader

AI

No

Guaranteed Stop Loss

No

Go to Exness
3

XM

XM is a trusted global forex and CFD broker with over 20 million clients in more than 190 countries. Since 2009, it has offered low trading fees on 1000+ instruments. XM provides a full MetaTrader experience that we have tested firsthand. 100% deposit bonus + further offers up to $4500100% deposit bonus + further offers up to $4500

Demo Account

Yes

Minimum Deposit

$5

Minimum Trade

0.01 Lots

Leverage

1:10001:30

Copy Trading

Yes

Regulator

CySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE

Instruments

CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies

Platforms

MT4, MT5, TradingCentral

Account Currencies

USD, EUR, GBP, JPY, ZAR

Automated Trading

Expert Advisors (EAs) on MetaTrader

AI

Yes

Guaranteed Stop Loss

No

Go to XM
74.12% of retail accounts lose money.
4

AvaTrade

Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience.

Demo Account

Yes

Minimum Deposit

$300$100

Minimum Trade

0.01 Lots

Leverage

1:30 (Retail) 1:400 (Pro)

Copy Trading

Yes

Regulator

ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct)

Instruments

CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures

Platforms

WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade

Account Currencies

USD, EUR, GBP, CAD, AUD, ZAR

Automated Trading

Expert Advisors (EAs) on MetaTrader

AI

Yes

Guaranteed Stop Loss

No

Go to AvaTrade
79% of retail accounts lose money with this provider.
5

Trade Nation

Trade Nation is a leading foreign exchange and contract for difference broker regulated in various areas including the UK and Australia. This company provides affordable fixed and variable spreads on over 1000 assets and strong trading platforms and educational resources. Traders could use the Signal Centre for trading ideas.

Demo Account

Yes

Minimum Deposit

R1000$0

Minimum Trade

0.1 Lots

Leverage

1:30 (FCA, CMVM, ASIC), 1:200 (FSCA, SCB), 1:500 (FSA)

Copy Trading

Yes

Regulator

FCA, ASIC, CMVM , FSCA, SCB, FSA

Instruments

CFDs, Forex, Indices, Shares, Commodities, Futures, Bonds, Spread Betting (UK and Ireland only), Cryptos (Bahamas entity only)

Platforms

TN Trader, MT4, TradingView

Account Currencies

USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK

Automated Trading

Expert Advisors (EAs) on MetaTrader

AI

No

Guaranteed Stop Loss

No

Go to Trade Nation
67.3% of retail investor accounts lose money when trading CFDs with this provider. 84% of retail investor accounts lose money when trading CFDs with this provider.

Compare Brokers

Broker	IDR Account	Demo Account	Minimum Deposit	Minimum Trade	Leverage	Copy Trading	Regulator	Instruments	Platforms	Account Currencies	Automated Trading	AI	Guaranteed Stop Loss
	✗	✓	$200	0.01 Lots	1:5000 (FSA Only)	✓	ASIC, CySEC, FSA, SCB, CMA-Kenya	CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto	MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower	USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD	Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade	✗	✗
	✓	✓	$10 (varies by account and payment method)	0.01 Lots	1:Unlimited (via offshore entities)	✓	FSCA, CMA-Kenya, FSA, CBCS, BVIFSC, FSC, JSC, FCA (B2B only), CySEC (B2B only)	CFDs on Forex, Stocks, Indices, Commodities, Crypto	Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral	USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY	Expert Advisors (EAs) on MetaTrader	✗	✗
	✗	✓	$5	0.01 Lots	1:10001:30	✓	CySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE	CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies	MT4, MT5, TradingCentral	USD, EUR, GBP, JPY, ZAR	Expert Advisors (EAs) on MetaTrader	✓	✗
	✗	✓	$300$100	0.01 Lots	1:30 (Retail) 1:400 (Pro)	✓	ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct)	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures	WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade	USD, EUR, GBP, CAD, AUD, ZAR	Expert Advisors (EAs) on MetaTrader	✓	✗
	✗	✓	R1000$0	0.1 Lots	1:30 (FCA, CMVM, ASIC), 1:200 (FSCA, SCB), 1:500 (FSA)	✓	FCA, ASIC, CMVM , FSCA, SCB, FSA	CFDs, Forex, Indices, Shares, Commodities, Futures, Bonds, Spread Betting (UK and Ireland only), Cryptos (Bahamas entity only)	TN Trader, MT4, TradingView	USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK	Expert Advisors (EAs) on MetaTrader	✗	✗
Broker	IDR Account	Demo Account	Minimum Deposit	Minimum Trade	Leverage	Copy Trading	Regulator	Instruments	Platforms	Account Currencies	Automated Trading	AI	Guaranteed Stop Loss

How Safe Are The Top Brokers In Indonesia?

It’s important to look at the protections and safeguards available at an account level:

Broker	Trust Rating	Guaranteed Stop Loss	Negative Balance Protection	Segregated Accounts
	4.6	✗	✓	✓
	4.1	✗	✓	✓
	4.5	✗	✓	✓
	4.5	✗	✓	✓
	4.3	✗	✓	✓
Broker	Trust Rating	Guaranteed Stop Loss	Negative Balance Protection	Segregated Accounts

Mobile Trading Comparison

Indonesian traders are increasingly managing positions on the go - here’s how our top brokers perform on mobile:

Broker	Mobile Apps	iOS Rating	Android Rating	Smart Watch App
	iOS & Android	3.1	4.2	✗
	iOS & Android	4.4	4.8	✗
	iOS, Android & Windows	4.7	3.9	✗
	iOS & Android	4.3	4.0	✗
	iOS & Android	4.5	4.5	✗
Broker	Mobile Apps	iOS Rating	Android Rating	Smart Watch App

Comparison for Beginners

Compare how suitable the Best Brokers in Indonesia For 2026 are for beginners.

Broker	Demo Account	Minimum Deposit	Minimum Trade	Education Rating	Support Rating	Fractional Shares	Demo Competitions
	✓	$200	0.01 Lots	3.5	4.5	✗	✗
	✓	$10 (varies by account and payment method)	0.01 Lots	3.3	4.5	✗	✗
	✓	$5	0.01 Lots	4.8	4.9	✓	✓
	✓	$300$100	0.01 Lots	4.5	4.3	✗	✗
	✓	R1000$0	0.1 Lots	4.2	4.9	✗	✗
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 in Indonesia For 2026 are for advanced or professional traders.

Broker	Automated Trading	VPS	API	AI	Pro Account	Leverage	Low Latency	Extended Hours
	Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade	✓	✓	✗	✗	1:5000 (FSA Only)	✓	✗
	Expert Advisors (EAs) on MetaTrader	✓	✗	✗	✓	1:Unlimited (via offshore entities)	✓	✗
	Expert Advisors (EAs) on MetaTrader	✓	✗	✓	✗	1:10001:30	✓	✗
	Expert Advisors (EAs) on MetaTrader	✗	✓	✓	✓	1:30 (Retail) 1:400 (Pro)	✓	✗
	Expert Advisors (EAs) on MetaTrader	✗	✗	✗	✗	1:30 (FCA, CMVM, ASIC), 1:200 (FSCA, SCB), 1:500 (FSA)	✗	✗
Broker	Automated Trading	VPS	API	AI	Pro Account	Leverage	Low Latency	Extended Hours

Accounts Comparison

Compare the trading accounts offered by Best Brokers in Indonesia For 2026.

Broker	Demo Account	Interest on Cash	Islamic Account	Joint Account	Managed Account	PAMM	MAM	LAMM	Pro Account
	✓	✗	✓	✗	✓	✓	✓	✗	✗
	✓	✗	✓	✗	✓	✗	✗	✗	✓
	✓	✗	✓	✗	✓	✗	✗	✗	✗
	✓	USD: 2.7%	✓	✗	✓	✓	✓	✗	✓
	✓	✗	✓	✗	✓	✗	✗	✗	✗
Broker	Demo Account	Interest on Cash	Islamic Account	Joint Account	Managed Account	PAMM	MAM	LAMM	Pro Account

Compare The Ratings Of Our Top Indonesian Trading Brokers

See how our top brokers in Indonesia scored in each core area following our hands-on tests:

Broker	Trust	Platforms	Assets	Mobile	Fees	Accounts	Research	Education	Support
	4.6	4.0	4.1	3.7	4.6	4.0	4.0	3.5	4.5
	4.1	3.9	4.0	4.6	4.0	4.4	4.3	3.3	4.5
	4.5	4.8	4.5	4.3	4.0	4.5	4.3	4.8	4.9
	4.5	4.3	4.5	4.2	3.8	4.3	4.3	4.5	4.3
	4.3	3.9	3.7	4.5	4.3	4.2	3.9	4.2	4.9
Broker	Trust	Platforms	Assets	Mobile	Fees	Accounts	Research	Education	Support

Fee and Cost Comparison

Compare the cost of trading with the Best Brokers in Indonesia For 2026.

Broker	Cost Rating	Fixed Spreads	Inactivity Fee	CFD Stocks Spread	EUR/USD Spread	Crypto Spread
	4.6	✗	$0	0.02	0.1	BTC 42.036
	4.0	✗	$0	0.5 (Apple Inc.)	From 0.0	10.0 (BTC/USD)
	4.0	✗	$5	1.79 (Apple)	0.8	Variable
	3.8	✓	$50	0.13	0.9	BTC <1%, ETH 2%
	4.3	✓	$0	Variable	Variable	Fixed
Broker	Cost Rating	Fixed Spreads	Inactivity Fee	CFD Stocks Spread	EUR/USD Spread	Crypto Spread

Customer Ratings

Compare how customers of these brokers feel about them, with real user ratings from Trustpilot, the Apple App Store and Google Play.

Broker	Customers	Trustpilot Score	Trustpilot Reviews	Android App Rating	iOS App Rating
	200,000	3.0	2	4.2	3.1
	800,000	4.7	32,906	4.8	4.4
	20,000,000	2.0	3,131	3.9	4.7
	400,000	4.8	13,497	4.0	4.3
	✗	4.5	2,125	4.5	4.5
Broker	Customers	Trustpilot Score	Trustpilot Reviews	Android App Rating	iOS App Rating

Broker Popularity

Indonesian traders often look to brokers with a strong client base as one sign of credibility. Here’s how many traders our providers firms have:

Broker	Popularity
XM	20,000,000
Exness	800,000
AvaTrade	400,000
IC	200,000

Why Trade With IC?

IC offers competitive pricing, fast execution, and easy deposits. TradingView integration and the Raw Trader Plus account make it a strong choice for intermediate and advanced traders.

Christian Harris
Review Author

Pros

You can trade more than 2,250 CFDs in various markets, such as forex, commodities, indices, stocks, bonds, and cryptocurrencies. This range enables varied trading strategies.
IC offers very tight spreads, with 0.0-pip spreads on major currency pairs, making it cost-effective for traders.
IC won DayTrading.com's 2025 'Best MT4/MT5 Broker' award for its strong, well-developed MetaTrader integration.

Cons

IC offers metals and cryptos for trading through CFDs, but its selection is smaller than brokers like eToro, limiting options for traders interested in these assets.
Some withdrawal methods require fees such as a $20 wire charge. This can reduce profits, particularly for traders who withdraw frequently.
Interest is not earned on unused funds, a feature commonly available at other platforms such as Interactive Brokers.

Go to IC

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.

Christian Harris
Review Author

Pros

Execution speeds now average under 25ms, supporting short-term traders.
Charting tools are enhanced with Indie. Traders can create Python scripts, add custom indicators to charts in Exness Terminal and MT5, and test them with market data.
Competitive spreads for USOIL and BTCUSD in 2024 start from 0 pips, with low commissions from $2 per side.

Cons

MetaTrader 4 and 5 are supported, but TradingView and cTrader are not, despite growing trader demand and support from brokers like Pepperstone.
Retail trading services can't be accessed in some areas, like the US, UK, EU, and recently India, unlike top-tier brokers such as Interactive Brokers.
Besides a mediocre blog, educational resources are lacking, especially compared to category leaders like IG, which offer a more comprehensive trading journey for new traders.

Go to Exness

Why Trade With XM?

With a $5 minimum deposit, advanced charting on MT4 and MT5, a growing range of markets, and a Zero account with spreads from 0.0, XM offers what traders need. They have even won our 'Best MT4/MT5 Broker' award recently.

Christian Harris
Review Author

Pros

XM’s Zero account is ideal for trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, without requotes or rejections.
In late 2025, XM received a category 5 license from the Securities and Commodities Authority (SCA) of the United Arab Emirates, enhancing its regulatory standing and positioning it as a strong choice for traders in the Middle East.
XM has updated its platform with integrated TradingView charts and an XM AI assistant for faster execution, smarter analysis, and a more intuitive trading experience.

Cons

XM is lagging because it doesn't offer cTrader, which some professional traders prefer over MetaTrader for its better usability and advanced charting features.
XM only uses MetaTrader platforms for desktop trading, meaning there is no customizable downloadable option for a more beginner-friendly experience with unique features.
Although generally trusted and well-regulated in some areas, XM also has global entities registered with weaker regulators like FSC (Belize) and FSA (Seychelles). Additionally, it no longer accepts UK clients, limiting its market reach.

Go to XM

74.12% of retail accounts lose money.

Why Trade With AvaTrade?

AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.

Christian Harris
Review Author

Pros

AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
AvaTrade is still among the few brokers with a custom risk management tool, AvaProtect, which insures losses up to $1M for a fee and is simple to use on the platform.
AvaTrade introduced AvaFutures for low-margin global market access and expanded in 2025 by adding CME’s Micro Grain Futures. Later that year, they integrated with TradingView.

Cons

Signing up is easy, but AvaTrade doesn't offer an ECN account like Pepperstone or IC Markets, which provides raw spreads and fast execution that many traders want.
The AvaSocial app is satisfactory but could be better. Its design, usability, and navigation between strategy providers and account management need improvement to compete with top platforms like eToro.
AvaTrade’s WebTrader has improved, but it needs more customization as widgets like market watch and watchlists can't be hidden, moved, or resized.

Go to AvaTrade

79% of retail accounts lose money with this provider.

Why Trade With Trade Nation?

Trade Nation is suitable for discretionary traders interested in speculating on major indices like the US 500 or liquid FX pairs, with the predictability of fixed spreads. Our tests showed the fixed-spread TN Trader platform is beneficial for trading during scheduled economic releases due to its reliable charting and capped spreads.

James Barra
Review Author

Pros

Testing of the TN Trader account in normal markets showed fixed spreads and fast fills on major forex pairs, with slight price movement between click and fill.
The demo includes a $5,000 practice account and a one-on-one platform walkthrough by callback.
Trade Nation's 2026 partnership with Volt has accelerated payments for Australian traders. They can now make instant deposits and withdrawals using PayID. Faster payout features are planned for clients in the UK and EU.

Cons

Offshore SCB and FSA entities offer retail clients leverage up to 1:200 and 1:500, compared to 1:30 in the UK, Europe, and Australia. This means FSA clients can have 16 times the exposure of UK retail clients on the same trade, but with less oversight and no compensation scheme.
The 2–20% rebate program is not available to FCA, CMVM, and ASIC clients, so active traders in these areas cannot receive transaction rebates.
Withdrawals can take up to five business days, which is average for the industry but slower than the 1–3 days many brokers now offer.

Go to Trade Nation

67.3% of retail investor accounts lose money when trading CFDs with this provider. 84% of retail investor accounts lose money when trading CFDs with this provider.

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