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Best Forex Brokers in Indonesia 2026

Every broker scored for traders in Indonesia on cost, entry requirements, platforms, and regulation.

Updated October 17, 2026 10 screened 10 shortlisted

Updated October 17, 2026

  • Written Rafat Sany Written

The shortlist

10 brokers · updated October 17, 2026

Our top pick for Indonesia

Our highest-ranked match for this list, using the same facts as every broker below.

Compare the top brokers in Indonesia

Support, spreads, commission, swap-free, and markets — the same facts as the listings.

Broker Support Spread Commission Swap-free Markets
01 HFM logo HFM Live Chat, Phone, Email 0.0 pips Best Not disclosed Not available Not disclosed
02 ThinkMarkets logo ThinkMarkets Live Chat, Phone, Email 0.0 pips Not disclosed Not available Not disclosed
03 Fusion Markets logo Fusion Markets 24/7, Live Chat, Phone, Email 0.0 pips Not disclosed Available Not disclosed
04 FP Markets logo FP Markets 24/7, Live Chat, Phone, Email 0.0 pips Not disclosed Not available Not disclosed
05 Vantage logo Vantage 24/7, Live Chat, Phone, Email 0.0 pips Not disclosed Not available Not disclosed
06 CPT Markets logo CPT Markets Live Chat, Phone, Email 0.1 pips Not disclosed Not available Not disclosed
07 Doo Prime logo Doo Prime Live Chat, Phone, Email 0.0 pips Not disclosed Not available Not disclosed
08 Axi logo Axi Live Chat, Phone, Email 0.7 pips Not disclosed Not available Not disclosed
09 switchmarkets logo switchmarkets Live Chat, Email, WhatsApp 0.0 pips Not disclosed Available Not disclosed
10 TopFX logo TopFX 24/7, Live Chat 0.0 pips Not disclosed Available Not disclosed

What we weighted for Indonesia

Weights are unique to this list. Missing data is dropped, not scored as zero.

  1. 30% Trust & regulation

    Licence quality, number of regulators, and our published trust score.

  2. 24% Trading cost

    Headline spread on major FX pairs and the broker’s overall fee class.

  3. 18% Entry cost

    How much you need to fund the account before you can place a trade.

  4. 16% Platforms

    Breadth of trading platforms, including MetaTrader and cTrader support.

  5. 12% Flexibility

    Swap-free options, demo access, VPS hosting, and leverage headroom.

How the shortlist scores

Broker Trust & regulation Trading cost Entry cost Platforms Flexibility Overall
1 HFM 10.0 10.0 10.0 8.3 7.7 9.5
2 ThinkMarkets 10.0 10.0 10.0 9.6 6.4 9.5
3 Fusion Markets 9.2 10.0 10.0 10.0 8.0 9.5
4 FP Markets 10.0 10.0 6.0 10.0 7.4 9.0
5 Vantage 10.0 10.0 7.4 9.6 6.4 9.0

Every broker on the Indonesia shortlist

Each broker is listed with the same facts. Unverified figures are marked as not disclosed.

01

HFM Top pick

HFM (formerly HotForex) is a multi-asset broker founded in 2010, offering CFD trading on forex, stocks, indices, commodities, and cryptos with tight spreads from 0.0 pips, leverage up to 1:2000, and regulation across multiple jurisdictions for secure global trading.

Account types
Not disclosed
Support
Live Chat, Phone, Email
Spread
0.0 pips
Commission
Not disclosed
Swap-free
Not available
Markets
Not disclosed
02

ThinkMarkets

ThinkMarkets is an award-winning CFD broker established in 2010, offering access to over 4,000 instruments including forex, stocks, indices, commodities, ETFs, and cryptocurrencies. Regulated by top-tier authorities like FCA, ASIC, and CySEC, it provides competitive spreads, advanced platforms, and 24/5 support for global traders.

Account types
Not disclosed
Support
Live Chat, Phone, Email
Spread
0.0 pips
Commission
Not disclosed
Swap-free
Not available
Markets
Not disclosed
03

Fusion Markets

Fusion Markets is a low-cost ECN forex and CFD broker founded in 2017, offering 250+ instruments including 90+ forex pairs, commodities, indices, and crypto CFDs. Regulated by ASIC, VFSC, and FSA (Seychelles), it features ultra-tight spreads from 0.0 pips, $2.25 per side commissions, and no minimum deposit for global traders.

Account types
Not disclosed
Support
24/7, Live Chat, Phone, Email
Spread
0.0 pips
Commission
Not disclosed
Swap-free
Available Islamic account
Markets
Not disclosed
04

FP Markets

FP Markets is a trusted global forex and CFD broker founded in 2005 in Australia. Regulated by ASIC and CySEC, it offers secure trading with over 10,000 instruments, including forex, stocks, commodities, and crypto. The broker provides ECN pricing with spreads from 0.0 pips, leverage up to 1:500, and supports MT4, MT5, cTrader, TradingView, and IRESS platforms. With a low $100 minimum deposit, fast execution, and 24/7 support, FP Markets is ideal for traders seeking low-cost, multi-platform trading under strong regulation.

Account types
Not disclosed
Support
24/7, Live Chat, Phone, Email
Spread
0.0 pips
Commission
Not disclosed
Swap-free
Not available
Markets
Not disclosed
05

Vantage

Vantage Markets is a multi-asset CFD broker founded in 2009, offering access to over 1,000 instruments including forex, indices, commodities, shares, ETFs, and bonds. Regulated in multiple jurisdictions, it provides competitive spreads starting from 0.0 pips, leverage up to 1:500, and platforms like MetaTrader 4/5, with support for social/copy trading and educational resources.

Account types
Not disclosed
Support
24/7, Live Chat, Phone, Email
Spread
0.0 pips
Commission
Not disclosed
Swap-free
Not available
Markets
Not disclosed
06

CPT Markets

CPT Markets is a global, multi-regulated forex and CFD broker offering access to 2,000+ instruments including forex, indices, stocks, commodities, and cryptocurrencies. With competitive spreads starting from 0.1 pips, leverage up to 1:1000, and platforms like MT4, MT5, and cTrader, it's ideal for beginners and pros seeking fast execution and educational tools.

Account types
Not disclosed
Support
Live Chat, Phone, Email
Spread
0.1 pips
Commission
Not disclosed
Swap-free
Not available
Markets
Not disclosed
07

Doo Prime

Doo Prime is a multi-regulated forex and CFD broker offering over 10,000 instruments, ultra-low spreads from 0.0 pips, and up to 1:1000 leverage. Ideal for beginners and pros seeking ECN accounts, social trading, and global markets in 2025.

Account types
Not disclosed
Support
Live Chat, Phone, Email
Spread
0.0 pips
Commission
Not disclosed
Swap-free
Not available
Markets
Not disclosed
08

Axi

Axi is a globally trusted forex and CFD broker founded in 2007, offering ultra-low spreads, lightning-fast trade execution, and advanced tools via MetaTrader 4. With licenses in top jurisdictions and a focus on trader success, Axi is ideal for both beginners and professionals.

Account types
Not disclosed
Support
Live Chat, Phone, Email
Spread
0.7 pips
Commission
Not disclosed
Swap-free
Not available
Markets
Not disclosed
09

switchmarkets

Switch Markets is a trusted ASIC-regulated forex and CFD broker founded in 2019, offering over 1,000 tradable instruments including forex pairs, indices, commodities, shares, and cryptocurrencies. With lightning-fast execution, spreads from 0.0 pips, and leverage up to 1:1000, it's ideal for beginners and pros seeking low-cost, high-leverage trading. Enjoy free VPS hosting, MT4 platform support, and 24/5 multilingual customer service. Not available in the USA, Iran, Yemen, North Korea, or Cyprus. Client funds are segregated for maximum security.

Account types
Not disclosed
Support
Live Chat, Email, WhatsApp
Spread
0.0 pips
Commission
Not disclosed
Swap-free
Available Islamic account
Markets
Not disclosed
10

TopFX

TopFX is a trusted CFD broker since 2010, offering 600+ instruments including forex, indices, shares, metals, energies, ETFs, and cryptos. Enjoy ultra-tight spreads from 0.0 pips, fast execution under 25ms, and flexible leverage up to 1:1000 on global entities. Ideal for day traders seeking NDD execution on MT4 and cTrader platforms. Regulated by CySEC for EU clients with investor protection up to €20,000.

Account types
Not disclosed
Support
24/7, Live Chat
Spread
0.0 pips
Commission
Not disclosed
Swap-free
Available Islamic account
Markets
Not disclosed

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Everything on BrokersCourt is based on verified broker data and independent research. We may receive compensation from brokers we feature, which never affects how they are scored. Trading forex and CFDs carries significant risk of loss.