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Best Forex Brokers for Traders in Indonesia


The brokers below represent what we believe to be the best forex brokers for traders in Indonesia. This is based both upon the broker's independent trader rating and their market share in Indonesia. All the forex brokers below have a Indonesian version of their website, which would lead one to believe that their support staff speaks Indonesian and their platforms also support the language, but we cannot guarantee that. We suggest you call their support staff to verify. You can also view our Best Indonesian Language Forex Brokers page for more brokers who may support the Indonesian language. Click on the links in the left column menu for the best forex brokers for traders in other countries.

(The number in parenthesis behind the broker name is their independent trader rating. You can click on the regulation info to verify the broker's regulation. Languages link to the broker's site in that language)

Forex Brokers in Indonesia Top Ten Forex Brokers for Traders in Indonesia Indonesian Forex Brokers

HotForex Review HotForex (8.15) HotForex Review

Headquarters: Ebene, Mauritius Popularity Percentile: 88.6
Regulated by: FSCM (Mauritius), FCA (UK), CySEC (Cyprus), BaFin (Germany), AMF (France), FSB (SA), BA (Africa) Platforms: Metatrader 4, MT4 Mobile, MT4 Web, RapidTrader FIX/API by Integral
Forex Online Since: 2009 No. of Currency Pairs: 47
Broker Type / Order Processing: NDD Maximum Leverage: 1:1000 (Micro)
Account Types: Micro, Premium, VIP, Zero Spread, Fixed, Currenex, HF Social, Islamic Client Funds Segregated: Yes, through Safyr, funds held in Barclays
VPS Available: Free with $5000 deposit Minimum Account: $25
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: Yes Scalping Allowed: Yes
Account Currencies: EUR, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: Yes Trading Contests: Yes
Languages: Arabic, Bengali, Bulgarian, Chinese Simplified, Chinese Traditional, English, French, German, Greek, Indonesian, Italian, Korean, Malay, Persian / Farsi, Polish, Portuguese, Russian, Spanish, Thai, Vietnamese

Tickmill Review Tickmill (7.22) Tickmill Review

Headquarters: London, UK Popularity Percentile: 95.6
Regulated by: FCA (UK), SFSA (Seychelles) Platforms: Metatrader 4, MT4 Mobile, MT4 Web, Myfxbook AutoTrade
Forex Online Since: 2014 No. of Currency Pairs: 62
Broker Type / Order Processing: ECN / DMA / NDD / STP Maximum Leverage: 1:500
Account Types: Classic, ECN Pro, VIP Client Funds Segregated: Yes, funds held with Barclays, Unicredit Pakao, Erste Bank, PPF Bank and others
VPS Available: Yes, 20% discount through BeeksFX Minimum Account: $25
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: No Scalping Allowed: Yes
Account Currencies: EUR, GBP, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: No
Copy / Social Trading: Yes Trading Contests: Yes
Languages: Chinese Simplified, English, Indonesian, Russian

FXTM Global Review FXTM Global (7.99) FXTM Global Review

Headquarters: Belize City, Belize Popularity Percentile: 15.3
Regulated by: IFSC (Belize) Platforms: Metatrader 4, Metatrader 5, MT4 Mobile, MT4 Multiterminal, MT4 Web, MT5 Mobile
Forex Online Since: 2011 No. of Currency Pairs: 58
Broker Type / Order Processing: NDD / ECN Maximum Leverage: 1:1000
Account Types: Standard, Cent, ECN, ECN Zero, ECN MT5. ECN Strategy, Pro Client Funds Segregated: Yes
VPS Available: Yes Minimum Account: $5
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: Yes Scalping Allowed: Yes
Account Currencies: EUR, GBP, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: No
Copy / Social Trading: Yes Trading Contests: Yes

Forex4you Review Forex4you (6.64) Forex4you Review

Headquarters: Road Town, Tortola, BVI Popularity Percentile: 93.9
Regulated by: FSC (BVI) Platforms: Forex4you Mobile, Metatrader 4, MT4 Mobile
Forex Online Since: 2007 No. of Currency Pairs: 43
Broker Type / Order Processing: NDD / STP Maximum Leverage: 1:1000
Account Types: Cent, Cent NDD, Classic, Classic NDD, Pro STP Client Funds Segregated: Yes
VPS Available: Yes, through Plug & Cloud Minimum Account: $1
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: Yes Scalping Allowed: Yes
Account Currencies: EUR, RUB, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: Yes Trading Contests: Yes

MFX Broker Inc. Review MFX Broker Inc. (4.15) MFX Broker Inc. Review

Headquarters: Belmopan, Belize Popularity Percentile: 94.9
Regulated by: IFSC (Belize) Platforms: Metatrader 4, MT4 Mobile, MT4 Multiterminal, MT4 WebTrader
Forex Online Since: 2006 No. of Currency Pairs: 87
Broker Type / Order Processing: STP / ECN Maximum Leverage: 1:1000
Account Types: Standard, Micro, ECN Client Funds Segregated: Available
VPS Available: No Minimum Account: $1
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: Yes Scalping Allowed: Yes
Account Currencies: EUR, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: Yes Trading Contests: Yes
Languages: Arabic, Chinese Simplified, English, Indonesian, Malay, Russian, Spanish

JustForex Review JustForex (4.87) JustForex Review

Headquarters: Belmopan, Belize Popularity Percentile: 85.3
Regulated by: IFSC (Belize) Platforms: Metatrader 4, MT4 Mobile, MT4 WebTrader
Forex Online Since: 2001 No. of Currency Pairs: 89
Broker Type / Order Processing: NDD / ECN Maximum Leverage: 1:2000
Account Types: Classic, NDD, ECN Client Funds Segregated: Yes
VPS Available: Yes, through VULTR Minimum Account: $1
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: No Scalping Allowed: Yes
Account Currencies: USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: No Trading Contests: Yes
Languages: Chinese Simplified, English, French, Indonesian, Malay, Russian, Spanish, Urdu

Fort FS Review Fort FS (6.90) Fort FS Review

Headquarters: Belmopan, Belize Popularity Percentile: 79.8
Regulated by: IFSC (Belize) Platforms: CQG, Metatrader 4, MT4 Mobile, MT4 Multiterminal, NinjaTrader
Forex Online Since: 2010 No. of Currency Pairs: 40
Broker Type / Order Processing: STP / ECN Maximum Leverage: 1:1000
Account Types: Fort, Flex, Pro Client Funds Segregated: No
VPS Available: Yes, with $1000 account Minimum Account: $5
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: Yes Scalping Allowed: Yes
Account Currencies: EUR, RUB, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: Yes Trading Contests: No

Monex Investindo Futures Review Monex Investindo Futures (3.46) Monex Investindo Futures Review

Headquarters: Jakarta, Indonesia Popularity Percentile: 46.9
Regulated by: BAPPEBTI (Indonesia) Platforms: Metatrader 4, MT4 Mobile, MT4 MultiTerminal, Tradeworks
Forex Online Since: 2000 No. of Currency Pairs: 10
Broker Type / Order Processing: Unknown Maximum Leverage: 1:100
Account Types: Mini, Regular Client Funds Segregated: Yes
VPS Available: No Minimum Account: $500
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.1 Lot
PAMM Accounts: No Scalping Allowed: Yes
Account Currencies: IDR, USD Hedging Allowed: No
Automated Trading: Yes Signup Bonus: No
Copy / Social Trading: No Trading Contests: No
Languages: Chinese Simplified, Chinese Traditional, English, Indonesian

Millennium Penata Futures Review Millennium Penata Futures (3.63) Millennium Penata Futures Review

Headquarters: Jakarta, Indonesia Popularity Percentile: 60.9
Regulated by: BAPPEBTI (Indonesia) Platforms: Metatrader 4, MT4 Mobile, MT4 MultiTerminal, MT4 WebTrader
Forex Online Since: 2000 No. of Currency Pairs: 19
Broker Type / Order Processing: NDD / STP Maximum Leverage: 1:100
Account Types: Mini, Regular Client Funds Segregated: Yes
VPS Available: No Minimum Account: $500
Islamic Swap Free Accounts: No Minimum Transaction: 0.1 Lot
PAMM Accounts: No Scalping Allowed: No
Account Currencies: IDR, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: No
Copy / Social Trading: No Trading Contests: No
Languages: Chinese Simplified, English, Indonesian

OctaFX Review OctaFX (3.35) OctaFX Review

Headquarters: Kingstown, St Vincent Popularity Percentile: 94.1
Regulated by: None Platforms: cTrader, cTrader cAlgo, cTrader Mobile, cTrader Web, Metatrader 4, MT4 Mobile, MT4 WebTrader
Forex Online Since: 2012 No. of Currency Pairs: 48
Broker Type / Order Processing: STP / ECN Maximum Leverage: 1:500
Account Types: Metatrader 4 Micro, Metatrader 4 ECN, cTrader ECN Client Funds Segregated: Yes
VPS Available: Yes Minimum Account: $5
Islamic Swap Free Accounts: Yes Minimum Transaction: 0.01 Lot
PAMM Accounts: No Scalping Allowed: Yes
Account Currencies: EUR, USD Hedging Allowed: Yes
Automated Trading: Yes Signup Bonus: Yes
Copy / Social Trading: No Trading Contests: Yes
Languages: Chinese Simplified, English, Indonesian, Malay, Portuguese, Spanish

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