Lowest Spread Forex Brokers in Indonesia 2026
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the lowest spread Forex brokers in Indonesia based on our analysis:
- 1
AvaTrade - Best low spread Forex Broker in Indonesia - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 3
FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms. - 4
- 5
Eightcap - Support for popular platforms MT4, MT5, and integration with TradingView. Over 800 trading instruments, including 160+ cryptocurrency CFDs. Regulated by ASIC, FCA, CySEC, and SCB. - 6
AMarkets - A wide range of trading assets. Extensive analytical capabilities using modern tools and trading robots. No commissions on many operations. - 7
Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts. - 8
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 9
- 10
HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews.
The spread is a key factor when selecting a Forex broker because it has a direct impact on trading costs. Brokers offering lower spreads help traders reduce expenses and improve the overall effectiveness of their trading strategies.
Comparison of the Best Forex Brokers with Low Spreads in Indonesia
| Broker | AvaTrade | XM | FP Markets |
|---|---|---|---|
| Rating | 4.7/5 | 4.7/5 | 4.7/5 |
| Foundation Year | 2005 | 2009 | 2005 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Belize, Cyprus, Australia, South Africa, United Arab Emirates, Mauritius, Seychelles | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles |
| Regulators | |||
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| Trading Accounts |
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| Spread | from 0.6 points | from 0 points | from 0 points |
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| Review | AvaTrade Review | XM Review | FP Markets Review |
| Broker Comparison | |||
| Register | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds |
List of the Best Low Spread Forex Brokers in Indonesia 2026
1. AvaTrade
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
2. XM
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inactivity fee.
- Standard account has a higher spread than the market average.
3. FP Markets
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
4. IC Markets
IC Markets is a reliable and versatile broker that offers a wide range of services and tools for trading in the financial markets. The company provides impressive trading instruments, high-quality trading platforms, advanced analytical tools, and valuable education for traders of all levels.
IC Markets is likely most suitable for experienced traders who value deep liquidity, tight spreads, and advanced trading tools. Beginner traders can also benefit from the educational materials offered by the company, but they should be prepared for some additional expenses and a higher minimum deposit requirement.
Pros and Cons of IC Markets
Pros
- A wide range of trading assets.
- Low spreads.
- Variety of trading platforms.
- Quality educational materials.
- Efficient customer support service.
Cons
- High minimum deposit.
5. Eightcap
Eightcap is a modern broker with reliable regulation, convenient MT4, MT5, and TradingView platforms, and a wide selection of instruments, including over 160 cryptocurrency CFDs. It suits traders who value technology, fast market access, and competitive trading conditions. The broker will be especially interesting for active traders and those who use CFD instruments, but is less convenient for investors seeking passive trading solutions.
Pros and Cons of Eightcap
Pros
- Support for popular platforms MT4, MT5, and integration with TradingView.
- Over 800 trading instruments, including 160+ cryptocurrency CFDs.
- Regulated by ASIC, FCA, CySEC, and SCB.
- Convenient deposit and withdrawal methods with no fees.
- Modern analytics tools: AI economic calendar and FlashTrader for MT5.
Cons
- No cent or Islamic accounts.
- No passive trading solutions (copy trading, PAMM).
6. AMarkets
AMarkets is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success.
Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform.
Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income.
Pros and Cons of AMarkets
Pros
- A wide range of trading assets.
- Extensive analytical capabilities using modern tools and trading robots.
- No commissions on many operations.
- Convenience and simplicity of opening an account and managing it.
Cons
- Not the most extensive educational materials.
- On some assets, spreads are higher than those of competing Forex brokers.
7. Roboforex
RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.
Pros and Cons of Roboforex
Pros
- A variety of trading platforms.
- Over 12,000 trading assets.
- Different types of trading accounts.
- Competent 24/7 customer support.
- Loyalty programs and bonus offers for clients.
- Low spreads and fees.
Cons
- Regulation in an offshore jurisdiction.
- Beginner traders may find a lack of educational materials.
8. FxPro
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
9. Exness
Broker Exness is one of the most attractive companies offering brokerage services for clients worldwide in the Forex market.
Partnership with leaders in financial analytics, minimal commissions, numerous positive client reviews, a well-established operational scheme, and a decent selection of real assets and account currencies makes trading with the broker profitable and secure.
Pros and Cons of Exness
Pros
- Wide selection of trading accounts.
- Instant fund withdrawal.
- Variety of trading platforms.
- A variety of analytical tools.
Cons
- Limited selection of educational materials.
- Average selection of markets and products.
- Deposit fees.
10. HF Markets
HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets
Pros
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
What to Consider When Choosing a Low Spread Forex Broker in Indonesia
When choosing a low spread Forex broker in Indonesia, traders should not rely solely on advertised minimum spreads. A thorough evaluation of regulatory status, pricing structure, execution quality, and account conditions is essential to understand the broker’s true trading costs and overall reliability.
Regulation & Broker Trustworthiness
Forex trading in Indonesia is overseen by local authorities such as BAPPEBTI, but many Indonesian traders also work with internationally regulated brokers that legally accept clients from the country. Reputable brokers are commonly regulated by respected global authorities such as the FCA (UK), ASIC (Australia), or CySEC (Cyprus). Strong regulatory oversight improves transparency, ensures segregation of client funds, and provides a higher level of trader protection.
Spread Types & Commission Structure
Low spread Forex brokers in Indonesia usually offer more than one pricing model, including:
- Raw / ECN accounts, featuring spreads from 0.0 pips with a fixed commission per trade, typically preferred by scalpers and active traders.
- Standard accounts, where trading costs are included in slightly wider spreads, often more suitable for beginners or lower-frequency traders.
Comparing the broker’s total all-in trading cost - spread plus commission - is crucial when selecting the most cost-efficient option.
Trade Execution & Slippage Handling
Tight spreads alone are not enough if execution quality is poor. Indonesian traders should look for brokers that provide:
- STP or ECN execution models
- Fast order execution with minimal latency
- Stable slippage control, especially during high-volatility market events
Reliable execution ensures that low spreads translate into real trading advantages.
Trading Platforms & Account Conditions
The best low spread brokers typically support industry-standard platforms such as MetaTrader 4 and MetaTrader 5. In addition, they should offer flexible lot sizing, reliable leverage options, and stable trading conditions that remain consistent across different market environments.
Islamic (Swap-Free) Account Availability
As Indonesia has a large Muslim trading community, access to Islamic (swap-free) accounts is an important consideration. Leading brokers often provide Sharia-compliant accounts that do not charge or pay overnight interest, replacing swaps with transparent alternative fees where applicable. This allows Muslim traders to participate in Forex trading while adhering to Islamic finance principles.
Non-Trading Fees & Additional Costs
To keep overall expenses low, Indonesian traders should also review non-trading fees. The most competitive Forex brokers generally offer:
- Free or low-cost deposits and withdrawals
- No account maintenance fees
- Inactivity fees applied only after long periods of non-use
Evaluating both trading and non-trading costs helps ensure that low spreads genuinely result in lower total expenses.
How We Selected the Lowest Spread Forex Brokers in Indonesia
Our list of the best low spread Forex brokers in Indonesia is based on a structured and impartial evaluation process aimed at identifying brokers that offer competitive trading costs alongside reliable, transparent, and stable trading conditions.
- The selection process begins with our global database of Forex brokers. Each broker is initially reviewed according to essential criteria, including market reputation, operational track record, financial strength, regulatory status, and long-term consistency in service quality.
- Brokers that meet these baseline requirements are then assessed using our internal methodology. This stage focuses on spread and commission transparency, order execution speed and accuracy, platform performance, customer support quality, and the broker’s ability to maintain stable conditions during real market volatility.
- A key requirement for inclusion is the broker’s ability to legally accept clients from Indonesia while operating under recognized regulatory authorities such as BAPPEBTI or respected international regulators including the FCA (UK), ASIC, or CySEC. Strong regulatory oversight improves compliance standards, ensures segregation of client funds, and enhances overall trader protection.
- Particular attention is given to brokers that consistently offer spreads at or below the industry average. Low spreads play a critical role in minimizing trading costs and improving execution efficiency, especially for active traders, scalpers, and short-term trading strategies.
These selection criteria ensure that the Forex brokers featured on this page deliver a balanced combination of low spreads, regulatory reliability, and high-quality trading conditions tailored to the needs of traders in Indonesia.
FAQ
What Is a Spread in Forex Trading?
A spread in Forex trading is the difference between the bid and ask price of a currency pair. It represents the primary trading cost and is paid each time a position is opened. Lower spreads reduce overall trading expenses, especially for frequent traders.
What Are Low Spread Forex Brokers and Why Do They Matter?
Low spread Forex brokers offer tighter bid–ask differences compared to standard brokers. They matter because lower spreads directly reduce transaction costs, improve execution efficiency, and make short-term trading strategies more cost-effective.
Which Forex Brokers Have the Lowest Spreads in Indonesia?
The lowest spreads in Indonesia are typically offered by internationally regulated brokers providing ECN or Raw Spread accounts. These brokers often feature spreads from 0.0 pips on major pairs, combined with transparent commission structures.
Is There a Zero Spread Forex Broker in Indonesia?
True zero spreads are rare and usually available only during specific market conditions. Some brokers advertise “zero spread” accounts, but these typically include a fixed commission per trade. Traders should always evaluate the total all-in cost.
How Do Low Spread Forex Brokers Make Money?
Low spread brokers earn revenue through commissions, slightly marked-up spreads, swap fees, and non-trading charges. ECN brokers mainly rely on commissions, while standard account brokers embed costs within the spread.
What Is Considered a Low Spread in Forex?
A low spread generally means:
- Below 1.0 pip on major pairs like EUR/USD
- Near-zero spreads on ECN accounts during high-liquidity periods
Spreads may widen during volatility or low-liquidity sessions.
Which Forex Pairs Have the Lowest Spreads?
The lowest spreads are typically found on major currency pairs, including:
- EUR/USD
- USD/JPY
- GBP/USD
- AUD/USD
These pairs benefit from high liquidity and strong market participation.
Are Low Spreads Better for Scalping and Day Trading?
Yes. Low spreads are essential for scalping and day trading because these strategies rely on small price movements and frequent trades. Lower spreads help preserve profits and reduce breakeven levels.
Which Low Spread Forex Broker Is Best for Scalping?
The best trading platforms for scalping usually offer ECN or STP execution, raw spreads, fast order processing, and minimal slippage. Reliable execution quality is just as important as tight spreads for scalpers.
Do Low Spread Brokers Charge Hidden Fees?
Reputable low spread brokers do not charge hidden fees. However, traders should always review commission rates, swap fees, inactivity fees, and withdrawal charges to fully understand total trading costs.
What Non-Trading Fees Do Low Spread Brokers Charge in Indonesia?
Common non-trading fees may include:
- Withdrawal or deposit fees (often waived or minimal)
- Inactivity fees after long periods without trading
- Currency conversion fees for non-USD accounts
Top Indonesia Forex brokers aim to keep these costs low.
How Is the Forex Spread Calculated?
The Forex spread is calculated by subtracting the bid price from the ask price. For example, if EUR/USD is quoted at 1.1000 / 1.1002, the spread is 2 pips.
What Makes the Lowest Spread Forex Brokers Stand Out?
Leading low spread brokers stand out due to:
- Consistently tight spreads
- Transparent pricing models
- Fast and reliable execution
- Strong regulatory oversight
- Stable trading conditions during volatility
Which Forex Brokers Offer the Lowest All-In Trading Costs?
Brokers offering ECN or Raw Spread accounts usually provide the lowest all-in costs. These accounts combine near-zero spreads with fixed, transparent commissions, making total costs predictable.
Is Forex Trading Suitable for Beginners in Indonesia?
Forex trading can be suitable for beginners in Indonesia if they choose regulated brokers, start with small trade sizes, and use standard accounts with clear pricing. Educational tools, demo accounts, and risk management features are especially important for new traders.
