Many traders in Indonesia use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Paper Trading App in Indonesia for 2026, based on our assessments.
The TradeZero International has its strengths and weaknesses, like any platform. However, TradeZero International is a simple and reliable solution for entering the global stock market.
Easy Equities is a broker for active and passive investors. The company provides optimal conditions for users regardless of their investment experience, and offers access to trading fractional shares and accounts for children under age.
E-Trade specializes in e-trading and is primarily focused on working with the American stock market.
CITIC Securities is a regulated stockbroker with good conditions that specializes in serving Chinese investors.
The conditions of the TradeStation broker are suitable for experienced traders and investors who make large trades in the US stock market.
1
Best Paper Apps in Indonesia - TradeZero International
TradeZero International is a Bahamian broker that provides its clients with access to the interbank market for stock trading. The platform allows you to trade limit orders for NYSE, Amex, and Nasdaq securities for free. Leverage, depending on the parameters of the order, ranges from 1:2 to 1:6. There are no templates for day trading. The broker has developed four trading platforms - ZeroPro (desktop), TZ1, ZeroFree (web), ZeroMobile, which make it possible to trade with maximum comfort, regardless of the level of the trader and his preferences. The platforms integrate technical analysis tools, news, and analytics. Recognized by leading industry awards for short selling, active trading technology, and paper trading. TradeZero has been named Best Brokerage for Short Selling at the Benzinga Fintech Awards for six consecutive years (2020–2025), along with the Chairman’s Award for Excellence in Active Trading Software for TZ1 in 2025 and Best Paper Trading Platform in 2024. In 2026, TradeZero was also named Best Broker for Short Selling (MEA) at the UF Awards.
👍 Advantages of trading with TradeZero International for traders in Indonesia :
•The broker allows you to trade all stocks that are listed on the NYSE, Amex, and Nasdaq exchanges.
•In addition to shares, trading in ETFs and options is available on objectively favorable terms.
•Limit orders greater than $1 and containing up to 200 shares are not subject to commission.
•The broker has proprietary software for working from a desktop, in a browser, and on a mobile device.
•Transparent pricing policy, fixed deposit/withdrawal commissions.
•No commissions on the first deposit.
•The broker provides an extensive pool of educational materials for traders of different levels.
•Fast technical support in live chat, and there is a multi-channel call center and email.
👎 Disadvantages of TradeZero International for traders in Indonesia:
•The minimum deposit is $500. It does not charge a commission, but this is a significant amount, which sometimes repels beginners.
•Technical support is not around the clock or on weekends.
•Service priority is given to premium accounts.
2
Best Paper Apps in Indonesia - Easy Equities
Easy Equities (EasyEquities) is a US stock broker providing financial services in the international market. The company opens access to South African, American and Australian markets and provides an opportunity to trade fractional shares. Investors can choose an individual or corporate account and there are also accounts for children. EasyEquities is a part of two licensed financial services companies — First World Trader and Purple Group.
👍 Advantages of trading with Easy Equities for traders in Indonesia :
•Demo accounts with two base currencies to choose from: USA and ZAR.
•Low trading commissions and zero non-trading fees.
•An account for children under age.
•No required minimum deposit amount.
•A possibility to invest independently or use investment offers of the broker.
•Residents of the majority of countries can open an account with the broker.
•Fractional shares are among trading instruments available to traders.
👎 Disadvantages of Easy Equities for traders in Indonesia:
•Deposit and withdrawal take several days.
•The broker offers very few methods of contacting customer support.
•There is no information about the authorities regulating the operation of Easy Equities.
3
Best Paper Apps in Indonesia - ETrade
The Etrade broker is a subsidiary of Morgan Stanley, the financial conglomerate, which has been operating since 1982. Today, E*TRADE is the leading online platform for financial instruments trading on the world's major exchanges. It offers operations with stocks, options, futures, bonds, ETFs, as well as investments in mutual funds. The broker is a member of FINRA (CRD#: 29106/SEC#: 8-44112), SIPC, NFA (0401545), and the FDIC, and provides services according to its license with the SEC, the US Securities and Exchange Commission.
👍 Advantages of trading with ETrade for traders in Indonesia :
•Fully adaptable to e-commerce through its mobile applications.
•No commissions when working with stock options on American exchanges.
•Twenty-four/seven customer support via online chat.
👎 Disadvantages of ETrade for traders in Indonesia:
•The Forex market tools are not available for trading.
•Training is provided in English only,
•Leverage is limited and cannot exceed 50% of the trader's personal funds.
•You cannot open a demo account to test the broker's conditions.
•There is no support, the website is only in English.
4
Best Paper Apps in Indonesia - CITIC Securities
CITIC Securities is the largest Chinese investment holding company, which has been providing brokerage services on Forex transactions, asset management, social, financial, and retirement planning since 1995. Its activities are regulated by the China Securities Regulatory Commission (CSRC) and the Central Bank of China. CITIC Securities is also a member of the SIPF — China Securities Investor Protection Fund. The broker and its partner subsidiaries have won over 100 awards for excellent banking and brokerage services.
👍 Advantages of trading with CITIC Securities for traders in Indonesia :
•No requirements for the size of the minimum deposit. The clients can fund the account with any amount that is enough to buy the asset of their choice and pay the trading commission.
•This broker works strictly within the law. Only products and services approved by the government regulators are available to its customers.
•Favorable terms of trade and financial settlements. The company offers low trading fees, and free deposits and withdrawals.
•Wide range of terminals. Investors can trade from any device (mobile or desktop), including a web terminal.
•A huge variety of investment decisions. Clients can transfer capital to trust, receive passive income on pension accounts, and activate algorithmic trading.
•Free provision of professional tools for market research, fundamental analysis, news, and market data in real-time.
•Fast and fully digital account opening within 1 business day.
👎 Disadvantages of CITIC Securities for traders in Indonesia:
•The company only works with clients from China and Hong Kong.
•It offers a limited selection of assets — only local Chinese market securities.
•It does not provide bonuses and rewards for partners.
5
Best Paper Apps in Indonesia - TradeStation
The TradeStation Group (TradeStation) was founded in 1987 as a trading software company then-named Omega Research. After being listed in the American market, Nasdaq launched an online version, and in 2001 it began providing brokerage services for the sale of securities under the TradeStation brand. Until 2021, inclusive, the broker's trading platform was recognized ten times in a row as the best in its class by StockBrokers.com. In 2020, TradeStation was named Broker of the Year at the First Annual TradingView Broker Awards. In the same year, according to Investor's Business Daily, the company was among the Top 4 of US online stock brokers.
👍 Advantages of trading with TradeStation for traders in Indonesia :
•Licensed by the US Securities and Exchange Commission (SEC) and insurance coverage from the Securities Investor Protection Corporation (SIPC).
•Has a wide range of trading instruments, including cryptocurrencies, IPOs, and ETFs.
•Does not charge commissions for trading US stocks and ETFs.
👎 Disadvantages of TradeStation for traders in Indonesia:
•You cannot trade currency pairs.
•Regulators do not oversee TradeStation Crypto, Inc., which maintains crypto trading accounts.
•The support service does not work around the clock and only answers questions that are asked in English.
•There are only a few ways to withdraw funds, the average time of receipt of funds to a bank account is 4-5 business days.
Best Paper Trading App in Indonesia 2026: Education for Investors
When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.
TradeZero International - Education for Investors
Investment Education Online
The broker’s website has a section with training materials, videos, and a detailed manual that can be downloaded in pdf format. There is also a FAQs section with basic information. Thus, the broker provides its clients with all the necessary information so that they can successfully invest in securities.
Paper trading: $1,000,000 virtual balance, 30 days free, real-time NASDAQ Basic and OPRA data, paper locates and pre-borrows, and access across all platforms. Get started in under one minute; access continues after funding. Named Benzinga’s Best Paper Trading Platform in 2024.
Easy Equities - Education for Investors
Investment Education Online
Easy Equities is a broker that provides investment opportunities to its clients regardless of whether they have experience or not. There is a section on the company’s website featuring educational materials that can help the beginners understand the basics of investing and provide additional information to the more experienced traders.
Users can test new trading strategies and their trading skills on free demo accounts. There are two virtual demo accounts: a USD account with a balance of $10,000, and ZAR account with ZAR 100,000.
ETrade - Education for Investors
Investment Education Online
The broker offers a library on the site to introduce the basics of stock trading to novice traders. It provides reviews, analytics, news, expert opinions, and useful tips to improve your trading efficiency.
The broker doesn’t have a demo account, but the knowledge gained academically can only be applied in practice using real assets.
CITIC Securities - Education for Investors
Investment Education Online
In the footer of the CITIC Securities website, there is the Investor Education block. Through it, you can go to the investor.org.cn resource, which contains tons of educational information. The training modules are in 3 blocks: “Securities”, “Funds”, and “Futures”.
The training section of the site contains a lot of regulatory and legal information that beginners might have problems understanding. At the same time, there is a limited amount of truly useful content for acquiring practical investment skills.
TradeStation - Education for Investors
Investment Education Online
The broker's in-house education arm, YouCanTrade, offers a variety of multimedia learning resources designed to help novice traders master the necessary trading skills and generate new trading ideas from experienced traders.
Trading theory can be consolidated in practice by applying the knowledge gained with virtual trading on a demo account.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Indonesia choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Paper Trading App in Indonesia 2026.
| TradeZero International | Easy Equities | ETrade | CITIC Securities | TradeStation | |
|---|---|---|---|---|---|
|
Overall score |
5.05 |
5.65 |
8.3 |
5.55 |
7.45 |
|
Execution of orders |
4.79 |
5.44 |
8 |
5.34 |
7.7 |
|
Investment instruments |
5.4 |
5.9 |
8.6 |
5.8 |
8.3 |
|
Withdrawal speed |
4.9 |
5.5 |
8.4 |
5.4 |
7.2 |
|
Customer Support work |
5.2 |
5.8 |
8.2 |
5.7 |
7.9 |
|
Variety of instruments |
4.63 |
5.28 |
7.9 |
5.18 |
7.6 |
|
Trading platform |
5.4 |
6 |
8.7 |
5.9 |
6 |
|
|
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FAQ
Do all brokers offer mobile apps for iOS and Android?
Unfortunately no. Some companies focus only on one operating system. Before opening an account make sure that the broker offers the version for your operating system.
Is it possible to register with a broker using the mobile app?
Yes. Brokers provide an opportunity to open an account and pass verification directly in the mobile app.
Can a platform function less effectively in the app than in the web version?
The platforms of reliable brokers with good apps work as smoothly as the web version. Therefore, there are almost no instances when the app runs poorly and the web version runs well. That may happen only in case of technical failures, which also happen rarely if the app is good.
How are the apps protected against unauthorized access?
As a rule, in addition to the username and password, other security measures apply, for example two-factor authentication. In this case, you will need to enter a unique code to access your account.
Team that worked on the article
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 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.
