Finding the right forex broker is clearly the most important aspect, as you know a forex broker is intermediary between you it market, very fundamental to be a good forex trader. if you live in Indonesia you have to look for a forex broker in Indonesia to have access to the market in the best trading environment. here are some forex broker to help have a trading account, with the right tools and advanced trading platform.
Here are some of the best forex brokers in Indonesia are here:
- XM
XM a well-known forex broker in the industry, founded in 2009 the forex broker has more than 1.5 million clients worldwide. it offers these clients several choices of trading platform. metatrader 4 is the leading platform that is known in the industry to handle stop, limit, market and trailing orders.
xm allow these clients to trade multiple financial instruments such as currencies, equities, commodities, stock indices, precious metals, energy and crypto-currencies. As far as spreads are concerned, they vary depending on the type of trading account you have and leverage can be as high as 1:888 depending on your country.
the company prides itself on the excellent customer service and personalized approach of each client, regardless of their investment objectives.
Regulated: CySEC, ASIC, FCA
Minimum Deposit: $5
Minimum Lot Size: 0.01 lot
Maximum Leverage: 1:888
Spreads : Variable
Established: Cyprus
2. Hotforex
Hotforex is a retail currency broker that offers attractive terms for trading a wide range of instruments, including forex, spot, metals and CFDs on commodities, indices and popular stocks such as google, apple, and facebook.
hotforex is a broker known to offer good trading services, with solid trading platforms, low spreads and leverage reaching 1:1000.
Regulated: FSC, FCA, Cysec
Minimum Deposit: $5
Minimum Lot Size: 0.01 lot
Maximum Leverage: 1:1000
Spreads : Variable
Established: Mauritius
3. Octafx
Octafx is a successful forex broker that has won major industry awards. it offers its clients leading trading platforms such as the famous Metatrader 4 trading platform that is the most widely used in the industry and cTrader. spreads are tight, fast execution, no slippage, and no re-listing. According to the broker’s statistics, more than 99% of all transactions are executed in less than a second
The trading offers available include the main currency pairs, stocks, indices, crypto-currencies, as well as silver and gold.
octafx offers its customers good 24/5 customer support that is available in more than 12 languages, which you can reach by phone, chat, and email.
Regulated: FSA (Saint Vincent and the Grenadines)
Minimum Deposit: $5
Minimum Lot Size: 0.01 lot
Maximum Leverage: 1:500
Spreads : Variable
Established: Saint Vincent and the Grenadines
4. Exness
Exness a forex broker created in 2008 that known in the industry, since its inception it has amassed a considerable number of clients around the world. it offers its clients to trade more than 120 financial instruments such as: forex, commodities, indices, and bonds.
exness offers three misappropriation trading accounts to suit the respective tastes of its many clients. the minimum deposit is set at $1 for mini accounts. all accounts are commission-free and have very tight spreads from 0.1 pips for classic accounts and 0.3 mini accounts. leverage can be as high as 1:2000.
Regulated: Cysec
Minimum Deposit: $1
Minimum Lot Size: 0.01 lot
Maximum Leverage: 1:2000
Spreads : Variable
Established: Cyprus
5. Easymmarkets
Easymarkets is an online forex broker that has been offering trading services since 2001. Known to be the first forex broker to offer a web-based trading platform. Easymarkets gives you access to more than 300 financial instruments.
they offer two metatrader 4 trading platforms which is the most widely used trading platform in the industry and their own platform which has flexibility and speed and guarantees execution, propagation and margin calls with very easy access to global markets via a desktop, tablet or smartphone.
Regulated: Cysec, ASIC
Minimum Deposit: $25
Minimum Lot Size: 0.01 lot
Maximum Leverage: 1:400
Spreads : Fixed
Established: Cyprus
6. Markets.com
Markets.com is a forex broker founded in 2008 and is agreed by Cysec and ASIC. it is a multi-asset broker offering CFDs to retail traders. markets.com offers its clients more than 2000 financial instruments to trade, such as currencies, commodity CFDs and trading shares. It is also available in more than 15 different languages and 24/5 customer support. You can choose between a trading platform, zero commission, tight spreads and leverage of up to 1:300.
Regulated: CYSEC, ASIC
Minimum Deposit: $100
Minimum Lot Size: 0.01 lot
Maximum Leverage: 1:200
Spreads :
Established: Cyprus