Best Forex Brokers Indonesia for Beginners 2026
Top beginner-friendly forex brokers in Indonesia with demo accounts, free education, and local bank transfers (BCA, Mandiri). Start with Rp 15,000.
Written by
Emily Watson
Fact Checked by
David Okonjo
Top 10 Forex Brokers for Indonesian Beginners
For Indonesian beginners (trader pemula), the best brokers offer easy funding via local banks, comprehensive educational materials in Bahasa Indonesia, and low minimum deposits. We've selected top brokers that make starting easy and safe.
Is it safe to trade forex in Indonesia?
Yes, but you should choose regulated brokers. While BAPPEBTI regulates local brokers, many beginners use international brokers like XM and Exness for better trading conditions.
Beginner Features
Compare education quality and Bahasa Indonesia support.
| Broker | ||
|---|---|---|
| XM | Rp 75,000 | |
| Exness | Rp 150,000 | |
| HFM | Rp 0 | |
| FXTM | Rp 150,000 | |
| AvaTrade | Rp 1,500,000 | – |
| OctaFX | Rp 400,000 | |
| FBS | Rp 75,000 | |
| Tickmill | Rp 1,500,000 | |
| IC Markets | Rp 3,000,000 | |
| Pepperstone | Rp 0 | – |
Detailed Broker Analysis
Best Education in Bahasa.
XM provides excellent webinars and seminars in Indonesia. The site and support are fully available in Bahasa Indonesia.
Most Popular App.
Exness is the #1 choice for many Indonesian beginners due to its easy-to-use app and instant withdrawals to local banks.
Great Copy Trading.
HFM (HotForex) allows you to copy successful traders automatically. Very popular in Indonesia.
Simple for Beginners.
OctaFX is extremely focused on the Indonesian market with local bank accounts and regular engaging contests.
Cent Accounts.
FBS offers Cent accounts where you can trade with pennies. Perfect for risk-averse beginners.
Top Learning Courses.
FXTM has comprehensive educational courses. They frequently host local seminars in Jakarta and Surabaya.
Low Spreads.
Tickmill is great for beginners who want the lowest costs, but their education section is basic.
Fixed Spreads.
AvaTrade offers fixed spreads, so your costs never change during volatility. Good for safety.
Pro Standard.
IC Markets is less beginner friendly due to higher deposit, but excellent for automated trading.
Premium Service.
Pepperstone offers premium education and tools, but lacks local bank transfer options compared to others.
Frequently Asked Questions
Why Trust BrokerAnalysis?
Our reviews are built using verified broker data, regulatory records, and hands-on testing. Rankings are updated regularly and are not influenced by paid placements.
Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology.
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.
Rankings based on verified data and hands-on testing. See our methodology →
January 2026