Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

4.7/5 - (12 votes)
Forex Brokers Indonesia

5 Best High Leverage Forex Brokers in Indonesia

We have done the legwork for you and compiled a list of the top 5 high-leverage Forex brokers in Indonesia, making sure they all satisfy the needs of local traders. In order to give the most trustworthy choices, we investigated trading conditions, regulatory compliance, and customer assistance. 

Read this all-inclusive guide to learn: 

  • What is a High Leverage Forex Broker?
  • Who are the top brokers in Indonesia?
  • Pros and cons of each broker 
  • Common FAQs regarding High Leverage Forex Brokers 

 

And lots more… 

So, if you’re ready to go “all in” with the 5 Best High Leverage Forex Brokers in Indonesia 

Let’s dive right in… 

Updated : July 2, 2024

5 Best High Leverage Forex Brokers in Indonesia – Comparison 

🥇 Broker💰 Minimum Deposit👉 Open an Account🎉 Maximum Leverage🔎 Regulation
1. ExnessIDR 162,640 or ($10)Open AccountUp to 1:2000CySEC, FCA, FSCA, CMA, FSA, CBCS, FCS, BVI, FSC
2. HFMIDR 0 or ($0)Open AccountUp to 1:1000DFSA, FSA, CySEC, CMA, FCS, FSCA, FCA
3. AvaTradeIDR 1 624 060 or ($100)Open AccountUp to 1:400CySEC, ASIC, CBI, FSCA, BVI FSC, IIROC, ISA, JFSA, FFAJ, KNF, ADGM
4. FxProIDR 1 624 060 or ($100)Open AccountUp to 1:500FCA, CySEC, FSCA, SCB, FSC
5. OANDAIDR 0 or ($0)Open AccountUp to 1:200ASIC, IIROC, CFTC, NFA, MAS, MFSA, FCA, FFAJ, JFSA, BVI FSC

10 Best Forex Brokers in Indonesia

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#5

Read Review

FSCA, FSC, ASIC, CySEC, DFSA

$5

#6

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

$0

#7

FSA, CySEC, FSCA, FSC

$10

#8

ASIC, CySEC, FSCA, FSA

$100

#9

CySEC, FCA, FSA, FSCA

$100

#10

FCA, CMA, FSC

$200

#1

$100

Minimum Deposit

#2

$0

Minimum Deposit

#3

$25

Minimum Deposit

#4

$10

Minimum Deposit

#5

$5

Minimum Deposit

#6

$0

Minimum Deposit

#7

$10

Minimum Deposit

#8

$100

Minimum Deposit

#9

$100

Minimum Deposit

#10

$200

Minimum Deposit

What is a High Leverage Forex broker? 

A high-leverage Forex broker is a type of brokerage that facilitates the borrowing of funds by traders in order to increase the size of their trading positions. The basic idea behind leverage is that it allows traders to hold greater market positions with a relatively small starting commitment by amplifying their buying power. High leverage, in our view, might greatly raise prospective rewards, but it also increases risk. 

5 Best High Leverage Forex Brokers in Indonesia Summary

  1. ☑️Exness – Overall Best High Leverage Forex Broker
  2. ☑️HFM – Several Account Types Available for Different Traders
  3. ☑️AvaTradeBest Regulated Forex Broker
  4. ☑️FxProMassive Range of Markets Across Several Asset Clauses
  5. ☑️OANDALow Minimum Deposit Required to Start Trading

1. Exness 

Exness review

 

For Indonesian traders looking to engage in high-leverage trading, Exness is a top pick. With the broker’s leverage of up to 1:2000, traders can manage big positions with a little initial investment. With this function, your trading potential can be greatly enhanced. We discovered trades are executed immediately with a swift execution speed of under 25 milliseconds, limiting the chance of slippage.  

 

Overall Rating

Min Deposit

USD 10

Regulators

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

Trading Platform

MT4, MT5, WebTerminal, Exness Terminal

Crypto

Yes

Total Pairs

97

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Traders in Indonesia will find Exness’s support for IDR-based accounts and the ability to deposit IDR quite easily. The trading environment at Exness is safe and open because of the strict regulations imposed by financial authorities. For Indonesian traders looking to make the most of their trading potential, Exness is the perfect blend of high leverage, quick execution, and local assistance. 

 

Unique Features 

🏛️ RegulationCySEC, FCA, FSCA, CMA, FSA, CBCS, FCS, BVI, FSC
🗪 BAPPEBTI Regulated?No
📜 IDR-based Account?Yes
💰 IDR Deposits Allowed?Yes
🚀 Minimum Deposit159 900 IDR ($10) (Depends on payment system)
📧 Trading AccountsStandard Account
Professional Account
Raw Account
Zero Account
Social Account
Demo Account
💻 Trading PlatformMetatrader 4 (MT4)
Metatrader 5 (MT5)
Exness Terminal
Exness Trade App
🔁 Trading AssetsForex, Cryptocurrencies, Indices, Commodities, Stocks
💱 Maximum LeverageUp to 1:2000
⚙️Commission0 IDR ($0) on Standard, 56 847.35 IDR ($3.5) per lot on Raw Spread
✔️ Scalping and HedgingAllowed
🌐 Order ExecutionMarket Execution
🎉 Open An AccountOpen Account

 

Exness - High Leverage Forex Brokers

 

Pros and Cons

✅ Pros❌ Cons
For traders looking to start trading with low risk, Exness is a great option because the minimum deposit is only $1. This is especially true for traders in Indonesia. For those just starting out or wanting to see what the seas are like, this low barrier to entry is perfect.Traders who want help outside of business hours may find their urgent concerns delayed due to limited customer care hours.
By facilitating deposits and withdrawals in Indonesian rupiah, transactions are streamlined for Indonesian traders as no currency conversions are needed.During times of strong market volatility, spreads can fluctuate, which in turn can raise trading costs and impact profitability. In order to keep their expenses in check, traders must be cognizant of these changes.
Trade positions and possible profits can be magnified by a factor of two thousand with a maximum leverage as high as 1:2000.Exness may lose certain customers who are seeking promotional incentives and extra trading perks due to the lack of micro account holders-specific bonuses.

 

 

 

Our Insight

Traders can take advantage of Exness’s high leverage to their advantage, and the platform’s support for local currency transactions makes using it even more convenient. High-leverage techniques rely on efficient trading, which is made possible by the quick execution speed. Because of these qualities, we believe Exness is a formidable competitor for dealers in Indonesia. 

2. HFM 

HFM review

 

For Indonesian traders looking for high leverage, HFM (HotForex) is another excellent option. Traders have the opportunity to increase their trading positions and potential earnings by using the broker’s leverage, which can reach up to 1:1000. The platform’s extensive coverage of assets, including cryptocurrencies, commodities, indices, equities, and foreign exchange, opens up a multitude of trading opportunities.   

 

Overall Rating

Min Deposit

USD 0

Regulators

FSCA, DFSA, FSC, CMA. FCA

Trading Platform

MT4, MT5, HFM Platform

Crypto

Yes

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Deals are executed precisely because the processing time is less than 85ms. Although the site does not provide accounts denominated in IDR, the fact that HFM allows IDR deposits makes funding easier for local traders. Compliance with CySEC, FCA, and DFSA regulations ensures a risk-free trading environment at HFM. The broker gives traders a ton of resources to help them become better traders and lessen the impact of high-leverage trading.    

 

Unique Features 

🏛️ RegulationDFSA, FSA, CySEC, CMA, FCS, FSCA, FCA
🗪 BAPPEBTI Regulated?No
📜 IDR-based Account?No
💰 IDR Deposits Allowed?Yes
🚀 Minimum DepositIDR 0 or ($0)
📧 Trading AccountsMicro Account
Premium Account
Zero Spread Account
Auto Account
PAMM Account
💻 Trading PlatformMetaTrader 4
MetaTrader 5
WebTrader
HFM Platform
🔁 Trading AssetsIndices, Forex, Crypto, Energies, Bonds, Commodities, Stocks, Metals, ETFs
💱 Maximum LeverageUp to 1:1000
⚙️Commission0 IDR ($0) on some accounts, 97 443.60 IDR ($6) per lot on Zero Spread
✔️ Scalping and HedgingAllowed
🌐 Order ExecutionMarket Execution
🎉 Open An AccountOpen Account

 

HFM - High Leverage Forex Brokers

 

Pros and Cons

✅ Pros❌ Cons
Starting out traders in Indonesia can take advantage of HFM’s cheap minimum deposit of just $5, making the platform accessible to those with little cash.For traders who would rather trade in their native currency, the lack of IDR-based accounts could make things more complicated.
There is a great deal of profit amplification potential because to the high maximum leverage, which allows traders to handle larger positions with a relatively little input (up to 1:1000).The execution speed is adequate, but it may be better to boost trading efficiency, especially during moments of high volatility when quick execution is essential.
Diversification and trading in diverse markets are made possible by the large range of tradable assets, which include commodities, indices, shares, cryptocurrencies, and foreign exchange, among many others.For traders looking for more personalized trading conditions, the limited account types for micro trading can be a bit of a letdown.

 

 

 

Our Insight

With its high leverage and support for IDR deposits, HFM is a convenient and easy-to-use platform for traders in Indonesia. Thanks to its comfortable trading environment, strong regulatory framework, and abundant training resources, this broker is ideal for high-leverage trading. 

3. AvaTrade 

AvaTrade Review

 

Traders from Indonesia can make use of AvaTrade’s leverage of up to 1:400 to increase their exposure to the market. The potential for profit amplification is still substantial, even though the leverage is lower than some competitors. Negative balance protection and stop-loss orders are two examples of how AvaTrade prioritizes risk management.  

 

The broker offers a wide variety of trading instruments, such as cryptocurrency, commodities, indices, CFDs, and FX. Traders in Indonesia can take advantage of AvaTrade’s several local deposit methods, even if the platform does not enable accounts denominated in Indonesian Rupiah (IDR).  

 

Overall Rating

Min Deposit

USD 100

Regulators

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

Trading Platform

MT4, MT5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

Total Pairs

55+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Quick order fulfilment is guaranteed by the competitive execution speed. Traders can learn about the risks of high-leverage trading and how to avoid them with the help of AvaTrade’s wealth of teaching materials.    

 

Unique Features 

🏛️ RegulationCySEC, ASIC, CBI, FSCA, BVI FSC, IIROC, ISA, JFSA, FFAJ, KNF, ADGM
🗪 BAPPEBTI Regulated?No
📜 IDR-based Account?No
💰 IDR Deposits Allowed?No
🚀 Minimum DepositIDR 1 624 060 or ($100)
📧 Trading AccountsStandard Account
Options Account
Professional Account
Corporate Account
Retail Account
Islamic Account
Demo Account
💻 Trading PlatformMetaTrader 4
MetaTrader 5
WebTrader
ZuluTrade
AvaTradeGO
🔁 Trading AssetsStocks, Precious Metals, Crypto, Forex, Commodities, Bonds, CFDs, Options, ETFs, Indices, Treasuries
💱 Maximum LeverageUp to 1:400
⚙️Commission$0
✔️ Scalping and HedgingAllowed
🌐 Order ExecutionMarket Execution
🎉 Open An AccountOpen Account

 

AvaTrade 

 

Pros and Cons

✅ Pros❌ Cons
Traders seeking a balanced approach to leverage can benefit from balanced leverage up to 1:400, which offers substantial profit amplification potential while still focusing on risk control.For traders who would rather trade in their native currency, the lack of IDR-based accounts could make things more complicated.
Traders can take advantage of a wealth of instructional materials, like webinars, tutorials, and demo accounts, to hone their trading abilities and gain market knowledge.Some competitors provide lower leverage, which could limit trading potential for high-leverage traders who want to optimize their market exposure.
To make the most of market opportunities swiftly and efficiently, traders rely on competitive execution speed to complete orders promptly, especially when dealing with high leverage.For traders looking for extra incentives and perks to improve their trading experience, limited promotions and bonuses might not be the best option.

 

 

 

Our Insight

Traders in Indonesia can trust AvaTrade because of its diverse selection of trading instruments, powerful training resources, and well-rounded approach to risk management and leverage. A further selling point of the broker is its emphasis on safety and ease of use.

4. FxPro 

FXPro Review

 

For Indonesian traders seeking to maximize their trading potential, FxPro is an attractive option because of its well-regarded broker and its leverage up to 1:500. Reliability and powerful features are hallmarks of the broker’s modern trading platforms.  

 

Efficient trade execution is guaranteed by FxPro’s execution speed of less than 50 milliseconds, which is vital for high-leverage strategies. After meticulous research, we found this broker offers several risk management tools, such as negative balance protection and stop-loss orders, to help traders deal with the higher risk that comes with using a lot of leverage.  

 

Overall Rating

Min Deposit

USD 100

Regulators

FCA, CySEC, FSCA, SCB

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

70

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Although FxPro does not provide accounts denominated in IDR, it does accept deposits denominated in IDR, which simplifies transactions for traders from Indonesia. With its high leverage, dependable platforms, and powerful risk management features, FxPro is an excellent option for high-leverage traders.   

 

Unique Features 

🏛️ RegulationFCA, CySEC, FSCA, SCB, FSC
🗪 BAPPEBTI Regulated?No
📜 IDR-based Account?No
💰 IDR Deposits Allowed?No
🚀 Minimum DepositIDR 1 624 060 or ($100)
📧 Trading AccountsStandard Account
Premium Account
VIP Account
💻 Trading PlatformMetaTrader 4
MetaTrader 5
CTrader
FxPro App
🔁 Trading AssetsForex, Commodities, Indices, Stocks, Crypto, Metals, Energies
💱 Maximum LeverageUp to 1:500
⚙️Commission0 IDR ($0) on Standard
✔️ Scalping and HedgingAllowed
🌐 Order ExecutionMarket Execution
🎉 Open An AccountOpen Account

 

FxPro

 

Pros and Cons

✅ Pros❌ Cons
For traders seeking to optimize their market exposure, the high maximum leverage of up to 1:500 offers tremendous trading potential and the ability to control huge positions with a very little deposit.Traders who would rather trade in their local currency may find the lack of IDR-based accounts to be an inconvenience, which could make trading more difficult and expensive overall.
Efficient trade execution with a speed of less than 50 milliseconds minimizes the risk of slippage and allows traders to seize market opportunities with lightning speed.Traders must exercise extreme caution to avoid losing money due to higher trading costs caused by higher spreads during busy trading hours.
When traders use negative balance protection and stop-loss orders, two powerful risk management techniques, they can better handle the additional risk that comes with high leverage.Trade results, trading efficiency, and market vigilance are all affected by variable execution conditions during times of high volatility.

 

 

 

Our Insight

Traders in Indonesia will benefit from FxPro’s strong platforms, high leverage, and reliable execution. The broker’s emphasis on risk control and acceptance of deposits in local currency adds to its attractiveness, making it an easy and safe choice for traders.

5. OANDA 

Oanda review

 

The leverage that Indonesian traders have access to with OANDA is quite high, at 1:200, however, it is lower than that of some other brokers. The broker is careful when using leverage because of their dedication to openness and careful risk management.

 

Overall Rating

Min Deposit

USD 1

Regulators

ASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

45

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Trading platforms provided by OANDA have a superb reputation due to their stability and richness of features. It has powerful graphing capabilities and can trade automatically. The average execution time is about 12 milliseconds, which is competitive and guarantees efficient trade execution.   

 

Unique Features 

🏛️ RegulationASIC, IIROC, CFTC, NFA, MAS, MFSA, FCA, FFAJ, JFSA, BVI FSC
🗪 BAPPEBTI Regulated?No
📜 IDR-based Account?No
💰 IDR Deposits Allowed?No
🚀 Minimum DepositIDR 0 or ($0)
📧 Trading AccountsStandard Account
Premium Account
Core Account
Premium Core Account
Swap-Free Account
💻 Trading PlatformMetaTrader 4
MetaTrader 5
OANDA Platform
🔁 Trading AssetsForex, Commodities, Indices, Bonds, Metals, Stocks
💱 Maximum LeverageUp to 1:200 (depending on jurisdiction)
⚙️Commission0 IDR ($0) on Standard
✔️ Scalping and HedgingAllowed
🌐 Order ExecutionMarket Execution
🎉 Open An AccountOpen Account

 

OANDA

 

Pros and Cons 

✅ Pros❌ Cons
If traders want to trade with confidence and safeguard their investments, they need a trading environment that prioritizes risk management and transparency.Some competitors provide lower leverage, which could limit trading potential for high-leverage traders who want to optimize their market exposure.
Traders are given powerful tools to efficiently implement their strategy when they use a dependable trading platform with advanced features. These features include extensive charting tools and automated trading capabilities.For traders who would rather trade in their local currency, the lack of IDR-based accounts could make things more difficult.
With a competitive execution speed of about 12 milliseconds, traders can take advantage of market opportunities quickly and efficiently, with less chance of slippage.Although OANDA does not accept IDR deposits, traders can still trade with OANDA through currency conversion.

 

 

 

Our Insight

With OANDA, traders can diversify their leveraged positions across a wide range of assets, including bonds, commodities, indexes, and currencies. With OANDA’s trading infrastructure and regulatory framework, high-leverage trading is safe. Trading with this broker is still possible for Indonesian traders through currency conversion, even though the site cannot accept deposits or accounts based on IDR. 

Conclusion

Our goal in providing a fair analysis of the top high-leverage brokers for Indonesian traders is to be impartial. Trading with high leverage can have a number of benefits, especially for traders who want to optimize their capital efficiency. It’s crucial to balance these advantages with any possible hazards, though.  

 

Our experience has shown that traders can enhance their market exposure without making significant capital commitments by using high-leverage brokers. For seasoned traders with a strong grasp of risk management and market dynamics, this can be especially helpful. In volatile markets where price swings can be significant, high leverage enables traders to increase their prospective earnings.

you might also like: Best Low Spread Forex Brokers

you might also like: Best CFD Forex Brokers

you might also like: Best Social Trading Platforms

you might also like: Forex Trading for Beginners

you might also like: Best Forex Trading Apps

Frequently Asked Questions

With a lesser initial commitment, traders can maximize their trading potential with high leverage. This is especially alluring in erratic markets where traders can profit from shifts in price.

If you trade with a lot of leverage and the market goes against you, you might lose a lot of money. It’s critical to apply appropriate risk management techniques and leverage in a responsible manner. 

A lot of brokers with high leverage allow scalping. Using this trading method, you will make a lot of little trades to profit from modest price movements.

Take into account elements including trading platforms, spreads, customer service, accessible leverage, and regulatory status. It’s crucial to confirm whether the broker provides IDR-based accounts and local deposit choices. 

While many high-leverage brokers are governed by international organizations like CySEC, FCA, and ASIC, not all of them are governed locally by BAPPEBTI. Prior to trading, always confirm the regulatory status. 

Table of Contents