Viraj RandevTo begin trading in a variety of asset classes, users will need to pick the best trading platforms that will support their investing needs.
This article reviews the best trading platforms in Indonesia, comparing the available options on the fees involved, regulations and available asset classes.
The 10 Best Trading Platforms in Indonesia
In the table below, we have listed 10 of the best Indonesian trading platforms to pick from.
- Capital.com – Best Trading Platform in Indonesia
- eToro – Best Trading Platform for Beginners in Indonesia
- Crypto.com – Best Crypto Trading Platform
- Coinbase – Participate in Governance on Crypto Networks
- Skilling – Trade Multiple Assets using 70+ indicators
- Binance – Invest in 600+ cryptocurrencies
- Libertex – Best Online Trading Platform in Indonesia
- Interactive Brokers – Trade in 135+ International Markets
- Forex.com – Best Forex Trading Platform
- IG – Publicly Traded Forex Broker
Best Indonesian Trading Platforms Reviewed
In the sections below, we cover an in-depth analysis and review the best Indonesian trading platform to use. Users interested in diversifying their portfolios can also find below a breakdown of the best crypto and forex trading platforms.
1. Capital.com – Best Trading Platform in Indonesia
Launched in 2016, Capital.com is a popular CFD (Contract for Differences) broker and the best trading platform in Indonesia. Users can invest in various stocks and
ETFs without owning the underlying asset.
For example, users can speculate the price of an asset to go up and down and trade on future price movements. Capital.com uses the MetaTrader 4 software to provide users with various low fees on Forex Trades.
The benchmark fees for a 30:1 long position of up to $20,000 on EUR/USD is only $10. Capital.com also supports other asset classes such as stocks and ETFs, cryptos, commodities and currency pairs. This MT4 trading platform offers more than 3,600 different stock CFDs to choose from.
Furthermore, there is no real-time trading fee when buying and selling stocks. However, stocks and ETFs are only available in countries regulated by the FCA or the CySEC. This typically includes the U.K and EU countries.
The platform offers 24/7 customer support – available to chat on Whatsapp, Telegram, phone or email. Capital.com also provides a demo trading account, letting users practice trades on their virtual platform without investing in real currency.
With credit/debit cards and electronic wallets like PayPal and ApplePay, users can begin trading on Capital.com with only $20. However, the minimum deposit with bank transfers is $250.
What we like
- CFD trading to trade on future price movements
- Very low fees on Forex CFDs
- No commission on stock and ETF spot trading
- Demo account available
| Available assets | Pricing system | Minimum Deposit | Top 3 Features |
| Forex, stocks, ETFs, currency pairs, commodities, indices and crypto (CFD on forex, stocks and ETFs) | CFD pricing varies per investment amount/ No commission on stocks and ETFs (only spread fee) | $20 minimum deposit with credit/debit cards and e-wallets |
|
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
2. eToro – Best Trading Platform For Beginners in Indonesia
eToro is the overall best trading platform for beginners in Indonesia, providing users with multiple diversification opportunities. eToro also
boasts one of the best trading apps in Indonesia, allowing users to access all the same features as the desktop platform.
A multi-asset platform, eToro supports the investment of thousands of stocks, indices, ETFs and commodities. Furthermore, this platform lets users invest in cryptocurrency. With eToro, investors can trade over 70 + cryptocurrencies. Users can buy Bitcoin, Ethereum, Dogecoin and a wide range of popular crypto assets.
Investors must complete a quick registration and verification process to begin trading with eToro. U.S and U.K investors only need to invest a $10 deposit to get started. Furthermore, the platform supports credit/debit cards, bank transfers and e-wallets like PayPal and Skrill as payment options.
A social trading platform, eToro allows 27 million + users to invest with each other’s help. With eToro, users can access a popular “Copy Trading” tool. As the name suggests, users can copy the actual trades of skilled investors after reviewing their past returns and stock portfolios.
Spot trading on stocks and ETFs on eToro require no commission charges while buying and selling. Furthermore, there are no management fees, ticket fees or additional broker fees to be paid.
Users must pay a 1% trading fee and a bid/ask spread rate when investing in cryptocurrencies.
A global trading platform, eToro is regulated by multiple top-tier regulatory bodies, including the CySEC, FINRA and ASIC.
What we like
- Multi-asset platform
- Best stock trading platform with competitive fees
- CopyTrader tool for copying trades
- No commission on stocks and ETF spot trading
- Low crypto trading fee of 1% plus the market spread
- Well-regulated globally
| Available assets | Pricing system | Minimum Deposit | Top 3 Features |
| Stocks, crypto, ETF, indices, Commodities | No commission on spot trading for shares market/ 1% trading fee and bid/ask spread on crypto | $10 for U.S and UK customers |
|
Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.
3. Crypto.com – Best Crypto Trading Platform
Launched in 2016, Crypto.com is our recommend best crypto trading platform in Indonesia. Indonesian users looking to diversify into the digital assets sector can do so with Crypto.com, a global crypto exchange that supports over 250 + crypto assets on its intuitive trading app.
With Crypto.com, users can earn interest on crypto-assets by staking tokens and earning an APY (Annual Percentage Yield) as high as 15.5%. Crypto.com lets users invest in CRO – its native crypto token. With CRO – users can earn 2% additional interest on assets.
With the Crypto.com VISA card, users stand the chance of earning between 5% to 8% cashback when buying and selling crypto assets. Furthermore, Crypto.com also supports an NFT marketplace, which can be used for trading unique digital assets.
Crypto.com’s best crypto trading platform, Crypto.com, charges a simple maker/taker fee of 0.40% per trade. However, buying crypto with debit/credit cards will cost 2.99% per transaction. Alternatively, ACH wire transfers can be used to buy crypto for just $20 without any additional transactional costs.
What we like
- Invest in 250 + cryptocurrencies
- Low fee on buying and selling digital assets
- Interest-earning opportunities
| Available assets | Pricing system | Minimum Deposit | Top 3 Features |
| 250 + cryptocurrencies | Maker/taker model (0.40% per transaction) | $20 minimum deposit with ACH wire transfer |
|
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
4. Coinbase – Participate in Governance on crypto Networks
Coinbase is a global cryptocurrency trading platform with more than 98 million verified investors using its services. With the
Coinbase desktop platform and app – users can gain access to more than 100 crypto trades instantly.
Notably, this cryptocurrency trading platform supports more than 250 + digital assets with its Pro feature. Along with staking for interest-earning purposes, coins can be staked to participate in network governance.
Depending on the number of tokens staked for particular crypto, users can access voting rights on popular blockchain networks with Coinbase. With this crypto trading platform, users must pay a 1.49% commission fee and a maker/taker fee starting at 0.50% per transaction.
Coinbase offers a digital wallet, giving users full control of their crypto assets. Cryptos can be accessed with a private key on the Coinbase wallet, providing users with the opportunity to store assets offline.
Coinbase stores 98% of users’ assets in cold storage, which prevents them from online phishing and hacking.
What we like
- Governance protocols by staking tokens
- Access to 250 + assets with Coinbase Pro
- 98% of users’ assets stored in cold storage
| Available assets | Pricing system | Minimum Deposit | Top 3 Features |
| 100 + cryptos with standard account/ 250 + with Coinbase Pro | 1.49% commission + 0.50% maker/taker fee per transaction | $50 |
|
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
5. Skilling – Trade multiple assets using 70+ indicators
Skilling is a popular Forex, CFDs, stocks, indices and cryptocurrency broker available in Indonesia. Skilling’s in-house platform features include 70+ trading indicators, such as moving averages and MACD options.
Skilling’s platform is available on a web browser and mobile – on iOS and Android.
Giving users access to more than 70 currency pairs and over 300 CFD equity options, Skilling can be a suitable option for diversification opportunities.
The platform charges a spread of 0.7 pips on its standard account for all FX pairs. With the premium account, the spread reduces to 0.1 pips and a nominal value fee of 0.006%.
With leverage trading options for active traders, a Skilling trade assistant feature can be accessed by beginners. This tool allows users to easily learn how to make new trades with a virtual assistant.
What we like
- Users can access multiple currency pairs and CFD options
- Low spreads with the premium account
- Multiple technical indicators to access
| Available assets | Pricing system | Minimum Deposit | Top 3 Features |
| Currencies, cryptos, indices, commodities, CFD equities | Spread charged on Forex pairs and CFD trades/ Trading fee + spread for cryptos | 100 GBP/100 EUR/USD 1,000 + 5000 EUR deposit with premium account |
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6. Binance – Invest in 600+ cryptocurrencies
One of the largest cryptocurrency trading platforms in the world, Binance supports crypto trading opportunities for all
Indonesian clients. With Binance, users can buy, sell and trade more than 600 cryptocurrencies. Binance Earn is a handy tool that can be used to earn interest in popular cryptos such as Bitcoin.
This trading platform stands out due to the low fees offered on trades. Binance provides a low maker/taker fee, beginning at only 0.1%. The fees can decrease by a further 25% by holding BNB tokens – Binance’s native token.
Binance offers clients leverage and margin trading features, allowing them to increase the trading valuations and trade future price movements. However, this feature may be suitable for traders with a high-risk tolerance.
With referral-earning opportunities and the chance to take out crypto loans, Binance provides a range of ways to earn money on its trading platform.
What we like
Available assets
Pricing system
Minimum Deposit
Top 3 Features
600 + cryptocurrencies
Maker/taker fee starting at 0.1%
$50
Cryptoassets are a highly volatile unregulated investment product.
7. Libertex – Best Online Trading Platform in Indonesia
Libertex is a CFD trading platform and the best online trading platform in Indonesia. It is a unique trading platform that allows
users to trade from mobile devices, laptops and desktop PCs. Libertex supports trading in 250+ CFD instruments, including forex, crypto and metals.
Users can apply leverage as high as 1:30 and begin trading without holding the underlying asset.
With a minimum deposit of 100 EUR, users can deposit their fiat currency using bank transfers, credit/debit card payments and internet banking. After funding an account for the first time, the minimum deposit reduces to 10 EUR.
Libertex usually charges a low spread beginning at 0.1 points on CFD trading. Furthermore, commissions at this online trading platform begin at under 0.1% per transaction.
Along with Libertex’s device, users can access the MT4 trading platform as well and get access to an automated trading platform. Regarding safety, Libertex is regulated by CySEC and has provided online trading opportunities since 1997.
What we like
Available assets
Pricing system
Minimum Deposit
Top 3 Features
CFD Trading for stocks, Forex and metals
Tight spreads + commission fee
100 EUR (reduces to 10 EUR after initial deposit)
8. Interactive Brokers – Trade in 135 + International Markets
Providing access to over 135 international markets in more than 33 countries, Interactive Brokers (IBKR) can be used to diversifyassets across various indices. Investors can trade stocks in the U.S, Asia and Europe and access multiple ETFs and mutual funds.
With Interactive Brokers, users can invest in upcoming IPOs and US-based stocks. The pricing structure changes per trading amount for U.S-based equities- however, a maximum of 1% per share and a minimum of $1 may be charged with IBKR.
For cryptos, IBKR charges a minimum trading fee of 0.18% for transactions with a trading volume of USD 100,000 or below. Furthermore, users with a standard brokerage account do not have any minimum deposit and can begin fractional investing with only $1.
With IBKR, users can access the TraderWorkstation (TWS) platform. This is a powerful tool for advanced and skilled traders – giving access to technical analysis tools, company fundamental data and ESG scores of top firms.
What we like
Available assets
Pricing system
Minimum Deposit
Top 3 Features
Stocks, ETFs, cryptos, indices, mutual funds, forex trades
Trading fee + fixed/per share pricing for US stocks
No minimum deposit with a standard trading account
9. Forex.com – Best Forex Trading Platform
Forex.com is the best forex trading platform in Indonesia, offering more than 3,500 CFD and forex trading options to users. The platform also supports cryptocurrency CFDs; however, purchasing the underlying asset is not an option.
This broker also has one of the best trading apps in Indonesia, thanks to the app’s minimalist design and simple interface. Moreover, the Forex.com app supports complex order types, market alerts and trailing stops. 
Powered by TradingView, the app includes over 80 indicators and various drawing tools to conduct technical analysis. Forex.com’s standard account provides an average spread of 1.1 pips on EUR/USD trades.
Forex.com is regulated by the FCA, IIROC, JFSA and CFTC.
What we like
Available assets
Pricing system
Minimum Deposit
Top 3 Features
Forex, CFD stocks, cryptos, indices
Spread for CFDs
$100
10. IG – Publicly Traded Forex Broker
Launched in 1974, IG is one of the largest CFD brokerages in the world.IG is considered a safe brokerage to begin trading since it is listed on the London Stock Exchange and has a market cap of $3 billion.
Among the asset classes offered by IG are ETFs, options, Forex, stocks and IPOs. IG charges trading commissions for share CFDs, stocks and options. For example, stocks usually charge a 0.10% commission per trade. A spread of 0.9 pips for forex can apply when trading EUR/USD.
Other than that, all CFD and spread betting markets can be traded commission-free.
The minimum deposit with a credit card is $300, while there is no minimum deposit with bank transfers. IG is a suitable option for pre-built portfolios – offering a range of ETFs, mutual funds and investment trusts to choose from.
The MT4 trading platform is available to actively connect users looking to trade CFDs.
What we like
Available assets
Pricing system
Minimum Deposit
Top 3 Features
Stocks, ETFs, mutual funds, forex, CFD options
Differs per asset class - Spreads for CFDs, commission for stocks and ETFs
$250 minimum deposit with credit cards
Top Trading Platforms Indonesia Compared
In the table below, we have compared the best trading platforms in Indonesia based on their fees, features and available assets.
Trading Platform
Available assets
Pricing system
Minimum Deposit
Top 3 Features
Capital.com
Forex, stocks, ETFs, currency pairs, commodities, indices and crypto (CFD on forex, stocks and ETFs)
CFD pricing varies per investment amount/ No commission on stocks and ETFs (only spread fee)
$20 minimum deposit with credit/debit cards and e-wallets
eToro
Stocks, crypto, ETF, indices, Commodities
No commission on spot trading for shares market/ 1% trading fee and bid/ask spread on crypto
$10 for U.S and UK customers
Crypto.com
250 + cryptocurrencies
Maker/taker model (0.40% per transaction)
$20 minimum deposit with ACH wire transfer
Coinbase
100 + cryptos with standard account/ 250 + with Coinbase Pro
1.49% commission + 0.50% maker/taker fee per transaction
$50
Skilling
Currencies, cryptos, indices, commodities, CFD equities
Spread charged on Forex pairs and CFD trades/ Trading fee + spread for cryptos
100 GBP/100 EUR/ $1,000 USD + 5000 EUR deposit with premium account
Binance
600 + cryptocurrencies
Maker/taker fee starting at 0.1%
$50
Libertex
CFD Trading for stocks, Forex and metals
Tight spreads + commission fee
100 EUR (reduces to 10 EUR after initial deposit)
IBKR
Stocks, ETFs, cryptos, indices, mutual funds, forex trades
Trading fee + fixed/per share pricing for US stocks
No minimum deposit with a standard trading account
IG
Stocks, ETFs, mutual funds, forex, CFD options
Differs per asset class - Spreads for CFDs, commission for stocks and ETFs
$250 minimum deposit with credit cards
How we Select the Best Indonesia Trading Platforms
Before choosing the best trading platform in Indonesia, users may want to compare the different option after applying key metrics. For example, the range of assets available and the fee can play a vital role when selecting a trading platform.
The sections below highlight some key features to analyse before picking the best trading platform in Indonesia.
Regulation
Users may prefer investing with a trading platform that is well-regulated globally. Regulatory bodies normally impose tight safety measures and enforce multiple safeguards for brokers and platforms to follow.
For example, eToro is regulated by the ASIC, FINRA, CySEC and FCA.
Range of Assets
Depending on an individual’s investing preferences, each of the 10 best trading platforms allows plenty of diversification opportunities. Capital.com is notable for being a CFD broker, allowing users to trade without holding the underlying asset.
Other platforms like Skilling offer a wide range of CFD options and more than 70 pairs. Binance provides more than 600 cryptos to trade for users looking to diversify to crypto.
Fees
The available platforms and the best trading app in Indonesia may charge varying fees on different assets. Many platforms charge a spread fee when trading in CFD options and Forex. On the other hand, a trading fee and commission may be applicable while trading stocks and cryptocurrencies.
For example, Binance charges a simple maker/taker fee of 0.1% for all crypto assets.
Tools & Analysis
The above platforms provide various tools and analysis options for skilled traders and beginners. Advanced traders can apply a range of technical indicators and access complex charting patterns with Forex.com.
eToro, on the other hand, provides tools like CopyTrader, allowing beginners to copy the trades of skilled investors on the platform.
Minimum Deposit
For users investing with a tight budget, a low minimum deposit may be advantageous. Moreover, many platforms like eToro and Libertex also support fractional investing, allowing users to purchase a fraction of a stock.
With platforms like Capital.com, a minimum deposit of $20 is required when paying with credit and debit cards.
Demo Account
Many of the best online trading platforms support a demo account. This virtual account mirrors live market conditions, and lets users invest in assets with virtual currency. Such accounts are suitable for new investors who want to test out the available tools and features on the platform without investing money.
Mobile App
Nowadays, most platforms support a mobile trading app for users. Investors may want to look for an intuitive trading app that lets users quickly trade on the go.
For example, the eToro mobile app provides access to all tools & features as the website platform. Furthermore, it is available on iOS and Android.
Payment Methods
The availability of payment methods can play a role when choosing the best trading platform in Indonesia. Most users prefer depositing fiat currency with credit/debit cards, bank transfers or e-wallets.
Platforms like eToro give users access to all these options when depositing funds on the account.
Customer Service
High-quality customer service is a must for all trading platforms. Furthermore, users may want to access customer support 24/7 via multiple chatting options.
Capital.com offers 24/7 customer support and allows users to connect with the customer service team via WhatsApp, Telegram, phone or email.
Types of Trading Platforms
There are several trading platforms that investors can pick from. However, users should know that each trading platform can cater to different asset classes. The sections below discuss the types of trading platforms available in Indonesia.
Cryptocurrency Trading Platforms
Crypto exchanges can be used by investors to trade digital assets and popular crypto assets. However, many of the biggest exchanges also support staking, interest-earning and governance protocols.
For example, Coinbase supports over 100 cryptos and lets users stake tokens to earn interest. eToro is a multi-asset platform which supports crypto trading and other asset classes.
Stocks and ETF Platforms
For traditional investors looking to invest in the shares market, stocks and ETF trading platforms may be suitable options. These platforms allow users to choose from thousands of shares and ETFs.
Furthermore, multiple platforms like eToro and Skilling provide access to international markets.
Options Trading Platforms
Options trading allows users to buy and sell options, which are contracts that allow users to trade on future price movements. For example, call or put options are taken out when investors invest in the price of assets to reach a certain point in the future.
Forex Trading Platforms
Forex trading platforms let users trade global currencies and exchange currency pairs with another. A forex pair is a combination of two currencies traded against each other.
For example, Skilling is a forex trading platform that supports more than 70 currency pairs.
Day Trading Platforms
Day Trading platforms support the daily buying and selling of assets. Most day trading platforms provide users with advanced software that helps various charts and indicators support the trades.
Conclusion
This guide has reviewed the 10 best trading platforms in Indonesia. The top platforms have been compared on a wide range of features - including the assets available, fees, pricing structure and additional features.
We recommend Capital.com as the best trading platform due to its low fees and multi-asset structure which gives users access to global markets and thousands of CFD stocks, cryptos and ETFs.
Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.
FAQs
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This article was written for Business 2 Community by Viraj Randev.
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