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Best forex brokers in Indonesia
3 licensed forex brokers, ranked on the company that would actually open your account. How we rate
Only 3 providers with a verified licence for Indonesia so far. This list will grow as we verify more brokers.
All 3 forex brokers
| # | Broker | EUR/USD cost | Instruments | Min. deposit | Coinish Score | Actions |
|---|---|---|---|---|---|---|
| 1 | | Not verified | 11,900+ | Not verified | 68rated 3.7/5 | |
| 2 | Licensed in Indonesia · Bappebti | Not verified | 1,000+ | Not verified | 66rated 3.9/5 | |
| 3 |  Licensed in Indonesia · Bappebti | Not verified | 2,800+ | Not verified | 59rated 3.4/5 |
Good to know
Forex rules in Indonesia
In Indonesia, forex and CFD trading counts as commodity futures trading, and only brokers licensed by Bappebti, the futures regulator, may offer it. Bappebti blocks the websites of unlicensed brokers, including offshore ones pitched to Indonesians, so Coinish lists only Bappebti-licensed companies here.
Regulator sources (3)
“memblokir 225 domain situs web entitas ilegal di bidang Perdagangan Berjangka Komoditi (PBK) untuk periode Januari”
bappebti.go.id · Oct 29, 2026
“bagi entitas-entitas ilegal tersebut agar mengurus perizinan di Bappebti dan menjalankan kegiatan usaha sesuai dengan ketentuan yang berlaku”
bappebti.go.id · Oct 29, 2026
“memperkenalkan perusahaan pialang berjangka dari luar negeri untuk merekrut calon investor baru”
bappebti.go.id · Oct 29, 2026
Forex in Indonesia at a glance
- 3 forex brokers with a verified licence serve residents of Indonesia: 3 hold a local licence (Bappebti).
- Top pick by Coinish Score: XTB (68/100, Editor Rating 3.7/5).
How this ranking works
Ranked by Coinish Score: half the Editor Rating for the entity that serves residents of Indonesia, half Market Signal. Brokers without enough verified data for a rating are placed by Market Signal and labelled; brokers with neither are listed last. How we rate
Forex in Indonesia: what to know
All 3 forex brokers on this list hold a licence from the Bappebti (XTB, Vantage and Plus500).
What to check before you open an account in Indonesia
- Search the company name on the Bappebti register (bappebti.go.id).
- Check which company your contract is with. XTB, for example, onboards residents of Indonesia through PT XTB Indonesia Berjangka (Bappebti licence 003/BAPPEBTI/SI/08/2020), and the name on the account-opening documents should match the list.
Is forex trading legal in Indonesia?
Yes, with a licensed provider. In Indonesia, forex and CFD trading counts as commodity futures trading, and only brokers licensed by Bappebti, the futures regulator, may offer it. Bappebti blocks the websites of unlicensed brokers, including offshore ones pitched to Indonesians, so Coinish lists only Bappebti-licensed companies here.
Sources: bappebti.go.id, bappebti.go.id
What is the best forex broker in Indonesia?
By Coinish Score, XTB (68/100, Editor Rating 3.7/5), through PT XTB Indonesia Berjangka (Bappebti licence 003/BAPPEBTI/SI/08/2020). Vantage (66) and Plus500 (59) follow. The score rates the company that would serve you in Indonesia, so the same brand can rank differently in another country.
Coinish provides general information only. Nothing on this site is investment, tax or legal advice.