Indonesia has the most aggressive retail forex regulation in SEA — BAPPEBTI requires licensed brokers, locks margin to specific levels, and bans unlicensed promotion. Most active retail traders ignore this and use overseas brokers anyway. We're tracking both.
41 brokers accept Indonesia residents. 5 of those hold a local BAPPEBTI licence. We currently track and rank 6 for Indonesia below.
From 41 that accept ID residents — the ones we track, scored and sorted by Trust Score.
| # | Broker | Trust | EUR/USD | Min dep. | Leverage | Regulators | 30d | |
|---|---|---|---|---|---|---|---|---|
| 1 | EX ExnessFeatured Est. 2008 · MT4 | 93 | 0.2 | |||||
| 2 | HF HFM Est. 2010 · MT4 | 85 | 0.3 | |||||
| 3 | OC OctaFXFeatured Est. 2011 · MT4 | 82 | 0.8 | |||||
| 4 | XM XM Group Est. 2009 · MT4 | 82 | 0.8 | |||||
| 5 | FB FBS Est. 2009 · MT4 | 74 | 0.5 | |||||
| 6 | ON OnFin Est. 2015 · MT4 | 63 | 0.1 |