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Best Investment Brokers in Indonesia for 2025

1
9.5
2
9.1
Your capital is at risk.
3
8.3
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Trading in financial markets requires the right choice of a broker, as security of traders’ funds, profit/loss and opportunities depend on it. Before you start working with a company, it is important to comprehensively assess it. Traders Union analysts have already done it for you. The experts prepared a review of the Best Investment Brokers in Indonesia for 2025. Five companies that enjoy huge popularity in Indonesia were selected and compared between each other.

1
Revolut - Best in Indonesia for 2025

Revolut offers commission-free trading with no minimum deposit requirements. Stocks, cryptocurrencies, and precious metals are available for trading. Client funds are kept on segregated accounts, which is a guarantee of their safety. Since fractional share trading is available at Revolut and there is no brokerage commission per transaction per month, you can start with a minimal investment. Deposits can be made in 28 currencies, but the broker translates them into USD since trading is only on the US stock market.

2
Interactive Brokers - Best in Indonesia for 2025

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Interactive Brokers is militantly developing, offering services to investors regardless of their trading experience. For this purpose, the broker doesn’t ask for a fixed minimum deposit but has margin requirements for accounts of various structures to make trading financially safe. The size of the leverage and Margin call and Stop out levels depends directly on the asset that the client is trading.

3
ETrade - Best in Indonesia for 2025

E-Trade terms are great for traders who prefer to work in the American stock and options market. There is no brokerage fee for trading this type of asset. But, you need to pay $25 for a partial withdrawal of capital from portfolios and $75 for a full transfer of funds. A commission is also levied on the client for the transfer of money between accounts. Trading is carried out through Etrade's proprietary terminals. Mobile versions are available. The broker delivers analytics with stock quotes and technical analysis.

4
Robinhood - Best in Indonesia for 2025

Robinhood offers simple and cost-effective trading options for investors. With zero fees for buying and selling stocks, ETFs, and options, the platform is accessible to investors of all experience levels. A minimum deposit of just $1 allows traders to start trading with small amounts. The platform also supports commission-free cryptocurrency trading. Traders can access analytical tools such as customizable charts and technical indicators to make better informed decisions.

5
TD Ameritrade - Best in Indonesia for 2025

The broker TD Ameritrade (Charles Schwab) offers favorable conditions for active traders and passive investors. The minimum deposit for investment and trading starts at $1. The company's clients can trade US stocks, US and Canadian ETFs, and options with zero commissions. Access to margin trading opens after a deposit of $2,000 or more. The broker does not support transfers through electronic payment systems. Also, credit and debit cards cannot be used to deposit and withdraw funds.

TU Expert Review for the best Investment Brokers in Indonesia

Anton Kharitonov

Financial expert and analyst at Traders Union

Anton joined Traders Union as a financial expert and analyst in 2013. He performs comprehensive internal testing of brokers as a trader. Essentially, Anton “test drives” brokers: he checks the operation of the website and user account, the speed and effectiveness of customer support team, stability of the software, deposit and withdrawal processing times, legal documents of companies and also all additional services (VPS, affiliate programs, contests, bonuses, educational programs, etc.). Based on the results of his “inspections”, he prepares expert conclusions about the operation of brokerage companies in the Forex, stock and binary option markets and also of the cryptocurrency exchanges.

His opinion as for the best Investment Brokers in Indonesia is posted below.

Revolut - TU Expert Review

Revolut offers investments in shares of more than 800 American and international companies, cryptocurrencies, and precious metals. The broker is focused on independent traders and doesn't offer financial advice or client asset management, but social trading is available for beginners. The mobile app has a list of successful traders who offer connections to their trading platform to copy trades. If the client has experience in trading the stock market, he can switch his profile to public, and the results of his trading will be available to those who prefer not to trade on their own. The company guarantees the security of transactions in the app, which can be downloaded from Google Play or the App Store. In addition to the fingerprint scanning feature, one-time virtual cards are available for online payments when logging into the app. These can be used to make a single transaction, after which the card details are automatically changed. The Sherlock anti-fraud system is used to warn of suspicious transactions on a customer's account. Part of the funds that are on deposit can be reserved in the "cash vault". Up to 0.65% per annum is accrued on these funds daily, and the money can be returned to the main deposit at any time. The main disadvantages of this broker are the limitation of transactions without commission on the free plan and a limited selection of financial instruments for investment.

Interactive Brokers - TU Expert Review

During its cooperation with Traders Union the Interactive Brokers investment company proved itself as a reliable partner, which faithfully fulfills its obligations to us. The broker provides clients with a wide range of services, allowing them to engage in both active trading and investments. At the same time, the broker charges a fee for an inactive account, and that's not convenient for passive investors. Despite the lack of a minimum deposit, Interactive Brokers is focused on working with professional market participants. The US and Canadian investors are the main target audiences of the company. Interactive Brokers customer support will help you resolve claims made to the company. You can find all the information about trading conditions and the specifics of various trading instruments on the broker's website. Before opening an account with this broker, we strongly recommend you to read about all trading conditions in detail, as well as reviews of other clients about cooperation with Interactive Brokers.

ETrade - TU Expert Review

After analyzing all the main services of this broker, I concluded that E*TRADE is perfect for both active trading and medium-term investments in investment programs. However, the company is still focused on independent work within the stock market, because it was originally initiated as an online trading service. The mobile versions of both platforms offered by E*TRADE fully provide access to the entire range of services. Training is highlighted in a separate website section. There are also information blocks, which may seem unusual to some users. News is divided into thematic subsections such as general overview, major shares dynamics, market statistics, and calendar. E*TRADE provides analysis of instruments within a particular field, but it is available only after registration. Also, a special press release section has been created to review the main trading events in the financial markets. There are no commissions when trading stocks and options on American stock exchanges. That inspires clients to invest in this particular area of ​​trading. However, E*TRADE offers banking services and pension insurance, which additionally stimulates interest in the company. The registration process is intuitive and simple.

Robinhood - TU Expert Review

Robinhood has revolutionized the investment landscape by making investing accessible to a broad audience. With commission-free trading and minimal deposit requirements, the platform has attracted millions of users, particularly among younger generations. Its intuitive interface and educational resources enable novice investors to quickly grasp the basics of trading. Robinhood is an excellent choice for beginners seeking simplicity and accessibility. However, it is essential to carefully review the platform's features and limitations to ensure they align with your investment goals. Despite its numerous advantages, Robinhood has faced criticism and regulatory scrutiny, raising questions about its long-term reliability. Since February 2018, U.S. residents have been able to trade cryptocurrencies on Robinhood. As of December 2023, this service was extended to residents of the European Union. In March 2024, Robinhood launched in the United Kingdom, offering investments in stock market assets listed on U.S. exchanges, with plans to expand its services and supported regions. Currently, the platform's limited range of investment tools and lack of access to international markets may not meet the needs of all investors, particularly those with more advanced trading requirements

TD Ameritrade - TU Expert Review

TD Ameritrade (Charles Schwab) is a regulated stock broker that offers its clients a vast array of trading and investment opportunities. Here you can make transactions with exchange-traded securities, assets of the OTC market, and Forex instruments. Investors have access to cash solutions from partners — Charles Schwab, Federated, JP Morgan, and State Street, as well as a line of managed portfolios, compiled under the principles of modern portfolio theory (MPT). Ameritrade provides both standard cash accounts and margin accounts. Cash accounts do not require a minimum deposit. Margin accounts allow a trader to double his purchasing power, however, you need to replenish the account from $2,000 if you want to get this opportunity. The minimum investment for working with targeted managed portfolios is $25,000; with personalized terms and services, you need $250,000. TD Ameritrade (Charles Schwab) offers proprietary platforms (web, mobile, and desktop) with built-in calendars, the ability to create multiple watch lists, and a GainsKeeper calculator to automatically track capital gains and losses. Also, clients have access to market updates and news in real-time, advanced fundamental analysis, third-party research from TipRanks with target prices and Smart Score ratings.

Summary

Many brokers operate in Indonesia, but not all of them are reliable or offer attractive trading conditions. TU experts selected 5 companies and rated them based on collected data. By reviewing them, you will learn about the Best Investment Brokers in Indonesia 2025 and will be able to evaluate the pros and cons of its closest competitors.

Overall score of the best Investment Brokers in Indonesia

Revolut Interactive Brokers ETrade Robinhood TD Ameritrade

Overall score

9.5

9.1

8.3

8.2

8.1

Execution of orders

9.2

8.8

8

7.9

7.8

Investment instruments

9.8

9.4

8.6

8.5

8.4

Withdrawal speed

9.6

9.2

8.4

8.3

8.2

Customer Support work

9.4

9

8.2

8.1

8

Variety of instruments

9.1

8.7

7.9

7.8

7.7

Trading platform

9.9

9.5

8.7

8.6

8.5

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FAQ

Why is a license important for a broker?

License is the key document testifying to the broker’s reliability. It means that the company complies with the requirements of the financial regulatory authority that issued it. It is recommended that you choose brokers with licenses from top financial regulators: the USA, European Union, the UK, as these jurisdictions have the strictest licensing requirements.

Is it possible to work with offshore brokers?

It is best not to work with offshore brokers. However, if you have chosen such a company, you need to check and analyze it very thoroughly. There are offshore brokers with good reputations. Before you start working with such a company, deposit the minimum amount and start trading. Once you’ve worked with the broker for a little while and checked how it operates and how quickly it processes withdrawals, you can start depositing higher amounts.

Does the choice of a beginner differ from the choice of an experienced trader?

Yes. A novice trader should primarily consider the availability of educational tools and a demo account, as well as basic assets. A more experienced trader is interested in wider opportunities on advanced account types, a wider choice of instruments for technical analysis, and a greater number of trading instruments.

How much money do I need in order to start working in the financial markets?

The initial capital depends on the assets you plan to trade. However, in the majority of cases, $300-500 is a good amount for a start.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.