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2021 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Indonesia

The best Indonesia trading platforms
Best Indonesia Brokers 2021

This guide to the professional trading platforms in Indonesia has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This review contains the most recent details about finding the best trading patforms in Indonesia.

If you are a new entrant in the world of trading and brokerage, so many facts will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You'll get adept skills at all the concepts of broker since you keep trading. For starters, you need to choose the perfect broker in Indonesia who'll be transparent with you constantly.

In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program is key to your success.

We currently have 16 Brokers that we think are the Best Trading Patforms in Indonesia

Finding The Best Indonesia Online Brokers?

This guide has been collated to help you find a reputable Indonesia broker. When searching for a good, reliable broker in Indonesia it can be very confusing.  Below we explain what your trading options are in Indonesia and what Indonesia online trading platforms can do for you.

We currently have 16 Online Brokers that we believe are the Reputable Online Brokers in Indonesia

EightcapWeBullWilsons Advisory And StockbrokingWealthfrontBell DirectAtioraForex Financial ServicesAlpha Capital MarketsWindsor BrokersCharles SchwabFXCMDF MarketsAdamant FinanceeToroHugos WayDirect FX
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Rating4/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/5
Minimum Deposit$100$50$100$500$100$10000$2500$0$100$25$1$1$100$200$10$1
Year Founded2015201720082008198319972008199920052010199920102008200620172006
HeadquartersAustraliaUSAAustraliaUSANew ZealandAustraliaAustraliaUKCyprusUnited StatesUnited StatesUKSaint Vincent and the GrenadinesCyprus, UKSt. Vincent and the GrenadinesNew Zealand
Regulated ByAustralian Securities and Investment Commission (ASIC)Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)UnregulatedUnregulatedFinancial Markets Authority (FMA)Australian Securities and Investment Commission (ASIC)Australian Securities and investment Commission (ASIC)UnregulatedCyprus Securities and Exchange Commission (CySEC)Commodity Futures Trading Commission (CFTC)Financial Conduct Authority (FCA)Financial Conduct Authority (FCA)Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)NoneUnregulated
Clients10,000+5,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+12,000,000+5,000+10,000+
Risk WarningLosses can exceed depositsYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed depositsYour capital is at riskLosses can exceed depositsLosses can exceed depositsYour capital is at risk75% of retail investor accounts lose money when trading CFDs with this provider.Your capital is at riskLosses can exceed deposits
Withdrawal FeesYesvariablevariablevariablevariablevariablevariablevariablevariable$2.50variableNo$20Yesvariable
Inactivity FeesNoNoNoNoYesNo
Deposit Fees1005010050010010000250001002511100200101
CFD FeesYesNoNo0.08% per share charge per sideYesNoYes
Accepts Credit CardsYesYes
Accepts PayPalNoYes
Accepts SkrillNoYes
Accepts PayoneerYesYes
Accepts NetellerNoYes

Online Stock Trading In Indonesia

Trading Assets in Indonesia is highly controlled and considered quite safe. But, conscious that any investment may go down as well as up, so your capital is at risk.

If you're just starting out with online trading then it's suggested to get a demo account with a controlled agent so that you can learn the strategies without the risk of losing cash.

Live Forex Trading In Indonesia

Forex is the largest liquid financial market in the world using a daily monetary exchange turnover of more than $5 trillion (BIS data April 2016).

Forex (Abbreviation of Foreign Exchange) is a currency exchange between two distinct nations and the following management of the consequent position in which one currency gains and the other loses.

It's simple to do Live Forex Trading in Indonesia using professional online brokers

Live CFD Trading In Indonesia

CFD trading is the buying and selling of contracts for difference via an online agent in Indonesia. When trading CFDs you are agreeing to exchange the difference in the price of an asset from the point at which the contract is opened to when it is closed.

Spread Betting In Indonesia

Spread Betting in Indonesia is possible using professional online brokers like XM or IC Markets. It is a simple bet as to whether the price will go up or down.  Often, the Indonesia online brokers will show the prices you have.

If you are looking at how to do spread betting in Indonesia then it is a good idea to start with a demo account with either XTM or 101Investing so that you can practice with monopoly currency before risking your own capital.

Trading Forex in Indonesia

Internationally, Indonesia is considered safe to do online trading and has access to other global financial centers. In Indonesia, online trading platforms are highly regulated, professional and customer centric. 

However, it is always important to be as informed as possible so here we detail some of the most important things a trader should know:

The financial markets in Indonesia are mature and are seen are very trustworthy due to regulation and compliance by the local Fiancial trade authority in Indonesia.

The online platforms used by brokers in Indonesia are thoroughly tested and highly rated & secure.

Whichever Online Trading Brokers in Indonesia you decide to use, ensure they have all of the following:

  • User friendly platform
  • Access to a risk management tool
  • Good or fast execution speed
  • Better quality charts
  • Able to perform social trading
  • Timely online help or support

Challenges Of Trading Online in Indonesia

The US Dollar is considered the base currency around the world so even a little change in the US economic markets may affect the financial markets in Indonesia. The EU is also a large economy and changes there could affect the economic markets in Indonesia.

Like every country there are challenges in Indonesia economic markets but overall the outlook is great. However, like in all global financial markets we recommend that any Online Trading Platforms in Indonesia you decide to use, make sure you do your homework first before risking any real money. We have collated thousands of datapoints and written this guide to help you find the Best Trading Platforms in Indonesia.  We hope that by using this guide you will find a experienced broker that matches your needs.

Frequently Asked Questions About Trading Forex In Indonesia

Is Forex Trading Legal In Indonesia?

There is a growing misconception that trading Forex in Indonesia is deemed unsafe. This isn't the case, Forex Currency trading in Indonesia is quite active, regulated and safe.

Trading in Forex is permitted in Indonesia as for any company to trade globally, foreign currency must be exchanged. Any time you purchase something and it's sent from abroad, there will be multiple money exchanges by multiple businesses to get that thing to you.

The important thing is that if trading Forex in Indonesia you select one of the top online brokers.

Do Forex Traders Pay Tax In Indonesia?

After a dealer is successful and their gains reach a certain level then they may be taxed in Indonesia as per the typical tax rules.

Tax returns should always be registered even if there is a loss. You should seek advice with a registered accountant in Indonesia to ensure you are abiding by all present local laws since it is very dependent on your personal conditions.

Can You Trade Cryptocurrencies In Indonesia?

Cryptocurrency markets in Indonesia are rather new. As Cryptocurrencies operate on decentralised resources in Indonesia things like interest rate changes and political instability do not impact them as far as the fiat markets.

Cryptocurrencies are more popular with the centuries and with growing income levels and technologies adoption, trading cryptocurrency in Indonesia is increasing day by day. It is still modest in comparison to the Forex markets however around $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Indonesia?

Commodity trading in Indonesia involves trading in matters like precious metals, energies and agricultural commodities.

Some commodities such as agricultural are seeing exponential growth inIndonesia.

Fast growing economies like India have a big demand for many fundamental raw materials for their population. It follows that states like Indonesia can benefit from the circumstance.