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Best Forex Brokers In Indonesia 2023

Forex trading is a popular way to invest and make money in Indonesia. The forex market is the largest and most liquid financial market in the world, and it offers traders the opportunity to profit from the fluctuations of currency prices.

There are a number of forex brokers that operate in Indonesia, and it can be difficult to know which one is right for you. Here are a few factors to consider when choosing a forex broker in Indonesia:

The Commodities and Futures Trading Regulatory Agency (BAPPEBTI). BAPPEBTI requires that all forex brokers operating in Indonesia be registered with the agency and that they comply with a set of regulations.

Some of the key regulations that forex brokers in Indonesia must comply with include:

  1. They must have a minimum capital of IDR 100 billion.
  2. They must offer a demo account to potential traders.
  3. They must provide clear and transparent information about their fees and commissions.
  4. They must not engage in any fraudulent or deceptive practices.
  5. BAPPEBTI also has the power to suspend or revoke the registration of any forex broker that it finds to be in violation of the regulations.

If you are considering forex trading in Indonesia, it is important to choose a broker that is registered with BAPPEBTI and that complies with the regulations. You can check the BAPPEBTI website to see a list of registered forex brokers.

There are a number of forex brokers that operate in Indonesia, and it can be difficult to know which one is right for you. Here are a few factors to consider when choosing a forex broker in Indonesia:

roboforex

RoboForex

#1 Best Forex Broker In Indonesia

RoboForex has been operating since 2009 and is regulated by the FSC, license No. 000138/333. From the moment of its foundation, RoboForex has always been focused on providing best trading conditions using innovative technologies and many years of experience. RoboForex is an international broker, which offers 8 asset types and more than 12,000 instruments for trading.

Min. Deposit$10
Max. Leverage1:3000
Trading DeskECN

RoboForex Review

fbs markets

FBS Markets

#2 Best Forex Broker In Indonesia

FBS offers gold trading with ultra low spread and high leverage. The educational materials are robust, and there are provisions for copy trading and automated trading. Additionally, the mobile app is designed to be user-friendly.

Min. Deposit$5
Max. Leverage1:3000
Trading DeskECN

FBS Markets Review

WelTrade

weltrade

Mini. Deposit : 25 US Dollar
Year Founded : 2006
Leverage : 1:1000
WelTrade review

FreshForex

freshforex

Mini. Deposit : No Minimum
Year Founded : 2004
Leverage : 1:2000
FreshForex review

Exness

exness

Mini. Deposit : 1 US Dollar
Year Founded : 2008
Leverage : 1:100 – 1:2000
Exness review

Tickmill

Tickmill

Mini. Deposit : 100 US Dollar
Year Founded : 2010
Leverage : 1:500
Tickmill review

FP Markets

FP Markets

Mini. Deposit : 100 US Dollar
Year Founded : 2005
Leverage : 1:500
FP Markets review

XM

XM Group

Mini. Deposit : 10 US Dollar
Spread: From 0.0 pips
Leverage : 1:888
XM review

CMC Markets

cmc markets

Mini. Deposit : 50 US Dollar
Spread : From 0.7 pips
Leverage : 1:500
CMC Markets review

AvaTrade

avatrade

Mini. Deposit : 100 US Dollar
Spread : From 0.0 pips
Leverage : 1:500
AvaTrade review

Axi

axi

Mini. Deposit : 0 US Dollar
Spread : From 0.0 pips
Leverage : 1:500
Axi review

Vantage

Vantage Markets

Mini. Deposit : 50 US Dollar
Spread : From 0.0 pips
Leverage : 1:500
Vantage review

Fusion Markets

fusion markets

Mini. Deposit : 5 US Dollar
Spread : From 0.0 pips
Leverage : 1:500
Fusion Markets review

Trade Nation

Trade Nation

Mini. Deposit : 5 US Dollar
Spread : From 0.0 pips
Leverage : 1:500
Trade Nation review

BlackBull Markets

blackbull

Mini. Deposit : 200 US Dollar
Year Founded : 2014
Leverage : 1:500
BlackBull review

Hantec Markets

Hantec Markets

Mini. Deposit : 10 US Dollar
Year Founded : 1990
Leverage : 1:500
Hantec Markets review

BelleoFX

BelleoFX

Mini. Deposit : 100 US Dollar
Year Founded : 2020
Leverage : 1:500
BelleoFX review

OctaFX

octafx

Mini. Deposit : 5 US Dollar
Year Founded : 2011
Leverage : 1:1000
OctaFX review

Forex trading is legal in Indonesia, but it is regulated by the Commodities and Futures Trading Regulatory Agency (BAPPEBTI). BAPPEBTI requires that all forex brokers operating in Indonesia be registered with the agency and that they comply with a set of regulations.

The promotion is being shared here solely for informational purposes. Please note that this should not be considered as financial advice.