Forex trading in Indonesia has become a fast-growing financial trend. Every year, thousands of new traders enter the market — but only a few succeed. One of the biggest factors behind consistent success is choosing the right forex broker.
The ideal broker offers tight spreads, low fees, instant deposits/withdrawals, and reliable customer support in Bahasa Indonesia.
Here are the Top 10 Forex Brokers in Indonesia (2025 Update) you can trust. All brokers listed below are globally regulated, beginner-friendly, and suitable for Indonesian traders.
1. Exness
🔗 Official Website: https://www.exness.com
Overview:
Exness is the most popular forex broker among Indonesian traders, thanks to its instant withdrawals, low spreads, and excellent trading experience.
Key Features:
- Minimum Deposit: $10
- Leverage: Up to 1:2000
- Regulation: FCA, CySEC
- Platforms: MT4, MT5
- Instant local bank withdrawals
Why Choose Exness:
Fast execution, strong reputation, and low-cost trading make Exness the #1 broker for Indonesian traders in 2025.
2. FBS
🔗 Official Website: https://www.fbs.com
Overview:
FBS is famous in Indonesia for its low entry barrier and bonus offers. It also supports Islamic swap-free accounts and local payment methods.
Key Features:
- Minimum Deposit: $1
- Leverage: Up to 1:3000
- Bonus: 100% Deposit Bonus
- Platform: MT4, MT5, FBS App
Why Choose FBS:
Perfect for new traders who want to start small with reliable customer service and flexible account options.
3. XM
🔗 Official Website: https://www.xm.com
Overview:
XM is a globally recognized broker with over 10 million clients worldwide. It offers tight spreads, no hidden charges, and local support for Indonesian traders.
Key Features:
- Minimum Deposit: $5
- Leverage: Up to 1:1000
- Platforms: MT4, MT5
- Excellent educational materials
Why Choose XM:
XM provides transparency, stability, and consistent customer satisfaction — ideal for both beginners and professionals.
4. Octa (OctaFX)
🔗 Official Website: https://www.octafx.com
Overview:
Octa is one of Indonesia’s most recognized brokers, known for its user-friendly interface and local deposit options.
Key Features:
- Minimum Deposit: $25
- Leverage: Up to 1:500
- Spread: From 0.6 pips
- Platforms: MT4, MT5, Copy Trading
Why Choose Octa:
Strong local presence, reliable performance, and an excellent copy trading system make it a great all-rounder.
5. AvaTrade
🔗 Official Website: https://www.avatrade.com
Overview:
AvaTrade is a trusted international broker offering safe trading conditions and powerful trading tools.
Key Features:
- Minimum Deposit: $100
- Leverage: Up to 1:400
- Platforms: MT4, MT5, AvaTradeGO
- Regulation: ASIC, FSCA, FCA
Why Choose AvaTrade:
A reliable option for traders who want long-term stability and advanced trading technologies.
6. FXTM (ForexTime)
🔗 Official Website: https://www.forextime.com
Overview:
FXTM offers flexible account types, fast execution, and tight spreads — ideal for all trading styles.
Key Features:
- Minimum Deposit: $10
- Leverage: Up to 1:2000
- Regulation: FCA, CySEC
- Platforms: MT4, MT5, FXTM Invest
Why Choose FXTM:
FXTM is known for education-focused trading, making it perfect for traders seeking consistent growth.
7. IC Markets
🔗 Official Website: https://www.icmarkets.com
Overview:
IC Markets is a leading ECN broker offering raw spreads from 0.0 pips and ultra-fast order execution.
Key Features:
- Minimum Deposit: $200
- Platforms: MT4, MT5, cTrader
- Regulation: ASIC, CySEC
- True ECN trading environment
Why Choose IC Markets:
Excellent for scalping, day trading, and algorithmic strategies — the go-to choice for professionals.
8. Pepperstone
🔗 Official Website: https://www.pepperstone.com
Overview:
Pepperstone is one of the most trusted brokers globally, offering low commissions, tight spreads, and award-winning support.
Key Features:
- Minimum Deposit: $200
- Leverage: Up to 1:500
- Platforms: MT4, MT5, cTrader
- Regulation: ASIC, FCA
Why Choose Pepperstone:
Perfect for experienced traders who value advanced tools and low trading costs.
9. Deriv
🔗 Official Website: https://www.deriv.com
Overview:
Deriv is an innovative broker offering forex, crypto, and synthetic index trading with a user-friendly platform.
Key Features:
- Minimum Deposit: $5
- Leverage: Up to 1:1000
- Platforms: Deriv MT5, DerivX
- Copy trading and automation
Why Choose Deriv:
Great for beginners and intermediate traders who want simplicity and flexible trading options.
10. Tickmill
🔗 Official Website: https://www.tickmill.com
Overview:
Tickmill is known for low trading fees, fast execution, and regulatory trustworthiness.
Key Features:
- Minimum Deposit: $100
- Leverage: Up to 1:500
- Regulation: FCA, CySEC
- Spreads from 0.0 pips
Why Choose Tickmill:
Professional-grade trading environment ideal for long-term serious traders.
Final Thoughts
Choosing the right forex broker is the first and most important step in your trading journey. Always check:
✅ Regulation: Prefer brokers regulated by trusted authorities (FCA, ASIC, CySEC, BAPPEBTI).
✅ Local Support: Ensure they support Indonesian banks for deposits and withdrawals.
✅ Spreads & Fees: Lower spreads mean higher profit potential.
✅ Platform Stability: MT4/MT5 and mobile compatibility are essential.
All the above brokers — Exness, FBS, XM, Octa, AvaTrade, FXTM, IC Markets, Pepperstone, Deriv, and Tickmill — are among the best forex brokers for Indonesia in 2025, offering reliability, transparency, and value for every trader.
🥇 Recommended Broker for 2025: Exness
Instant withdrawals, tight spreads, and strong regulation make Exness the best overall forex broker in Indonesia this year.
