Best Crypto Brokers in Indonesia
According to stats from 2024, Indonesia has the third highest crypto adoption rate in the world. With a very low percentage of taxes on crypto assets, the Indonesian government shows commitment to integrating digital assets into the economy. To get the best crypto trading experience, you need a dependable broker with a solid reputation. The following are our top 10 picks for the best crypto brokers in Indonesia.
Pros, cons & fees
Key To Markets is regulated by the Financial Conduct Authority (FCA) and the Financial Services Commission (FSC), providing traders with security and confidence in the platform's legitimacy.
The broker offers Myfxbook AutoTrade, allowing traders to link their MT4 trading account to preferred trading systems listed on Myfxbook.com. This feature enables traders to follow successful strategies without performance fees or management charges.
Key To Markets provides competitive spreads, making it an attractive option for cost-conscious traders seeking favorable trading conditions.
One drawback of trading with Key To Markets is the relatively limited availability of educational resources. Traders seeking comprehensive learning materials may find the offerings to be somewhat limited.
Key To Markets lacks live chat support, which can be a disadvantage for traders who prefer immediate assistance when encountering issues or inquiries.
The absence of a trader forum on the platform may be a drawback for those who value engaging with a community and sharing insights and experiences with fellow traders.
KGI FuturesBonusTrading Credit Bonus by KGI Futures
24/7 SupportMin deposit $1000Max leverage 1:50Regulated by MASAdd to compare list3.1 / 5Start tradingPros, cons & fees
Strong regional presence, particularly in Taiwan, Hong Kong, Singapore, and other Asia-Pacific countries.
Offers a wide range of trading instruments, including futures, options, and leveraged derivatives.
Provides comprehensive services such as futures investment consulting and smart trading solutions, with 24/7 trading support
Limited global reach, primarily focusing on the Asia-Pacific region.
Potential language barriers for non-Asian clients, especially those who do not speak the local languages.
Less focus on Western markets compared to brokers that cater to Europe or the Americas.
Crypto.com
Investor protectionBonusWelcome Bonus (Mystery Box Program) by Crypto.comMulti-Regulated Global ExchangeRegulated by NoAdd to compare list4.4 / 5Start tradingPros, cons & fees
Extensive Number of Crypto Assets: 400+ crypto assets available on the platform.
Available in the US: Unlike many financial platforms, the company accepts clients from the US.
30+ Global Regulations: Crypto.com has multiple licences from major regulators like FCA, FINRA, and ASIC.
Asset Availability Subject to Jurisdiction: Many tradable assets may not be available outside of the US.
Long Support Queues: Customer support queues can be quite long with the company, especially on very busy trading days.
No CFD Trading Available: Unlike most brokers, Crypto.com does not offer CFD trading.
Pros, cons & fees
Multiple CFD Asset Classes Available: The broker offers tradeable assets across forex, metals, cryptocurrencies, stocks, indices, and commodities, allowing traders to diversify easily.
Three Clear Account Types: The broker provides Silver, Gold, and Platinum accounts, each designed for different experience levels.
Consistent Leverage Across Accounts: All account types offer leverage up to 1:200, giving traders flexibility regardless of their account level.
No MetaTrader 4/5 Available: AXWEL does not offer MetaTrader 4 or 5 trading platforms.
No Tier-1 Regulations: The company lacks a tier-1 regulator.
No Islamic Swap-Free Accounts Offered: There is no confirmed information about Islamic swap-free account options.
GO Markets Investor protectionBonusVolume Rebate Program by GO MarketsGreat Customer ServiceMin deposit $0Max leverage 1:500Regulated by FSC, ASIC, CySEC +2Add to compare list4.1 / 5Start tradingPros, cons & fees
Highly Regulated Broker: GO Markets is licensed by ASIC (Australia), CySEC (Cyprus), FSC (Mauritius), and FSA (Seychelles).
Extensive Range of Tradable Assets: The broker offers 600+ instruments, such as forex, indices, commodities, metals, cryptocurrencies, and CFDs on global stocks.
Multiple Trading Platforms: Unlike most brokers who merely support MT4 or MT5, GO Markets provides cTrader, TradingView, and WebTrader as well.
No Fixed-Spread Accounts: All accounts are variable spread, which might not suit traders who prefer the stability of fixed spreads.
Regional Restrictions: Clients from certain countries, including the US and Canada, cannot open accounts due to regulatory limitations.
No Islamic or Swap-Free Accounts: Go Markets does not offer Islamic or Swap-Free accounts unlike many popular brokerages.
IUX Investor protectionBest For High Volume TradingMin deposit $50Max leverage 1:3000Regulated by ASIC, FSCA, FSCAdd to compare list4.1 / 5Start tradingPros, cons & fees
Multi-Regulated Broker: IUX is regulated by ASIC (Australia), FSCA (South Africa), and FSC (Mauritius). The multi-regulated setup allows flexible trading conditions and security features.
Ultra-Low Trading Costs and High Leverage Options: Spreads starting from 0.0 pips on Raw accounts with competitive $7 per lot commission. Standard accounts offer commission-free trading with spreads from 0.2 pips. The company offers 1:3000 leverage across all account types, providing significant trading flexibility for experienced traders.
Very Low Barrier to Entry: Traders can start trading with as little as $10, making the company one of the most accessible brokers for beginners and traders with limited capital.
Limited Geographic Availability: The broker does not operate in the US, UK, EU, Canada, Australia, Japan, and several other restricted countries.
No MetaTrader 4 Support: Only MT5 is available for those who prefer MetaTrader platforms, which may disappoint traders accustomed to MT4.
Solus FinanceBonusRefer a Friend & Earn with SolusFinance24/7 Trading CompetitionsRegulated by NoAdd to compare list4.1 / 5Start tradingPros, cons & fees
Gamified Trading: Solus gamifies the complex trading experience which is great for new traders with limited complex trading knowledge.
Proprietary Mobile App (Android): The company has a proprietary mobile trading app available on PlayStore.
Multiple Online Payment Options: Traders (or players) can fund their accounts via Crypto, PayPal, Volet, and Cryptic.
Unclear Regulatory Framework: ITU Financial Services Inc. is registered in Delaware, US but not as a financial services provider. According to the company, they do not identify as a brokerage and therefore do not need to be regulated.
No Visa or Mastercard Payment Options: The company does not accept Visa or Mastercard payment options.
No iOS App: Solus lacks an iOS mobile app. Currently, the app is only available for Android devices and all mobile devices through mobile web.