With so many trading apps available, choosing the best stock trading app in Indonesia can be challenging – especially with the growing presence of international brokers alongside local options like Stockbit, Ajaib, and Bibit. To help, we have reviewed and compared the top apps available to Indonesian investors in 2026, highlighting their features, fees, and key strengths so you can make a more informed decision.
Best stock trading apps in Indonesia
Interactive Brokers | Best for intermediate and advanced investors
Online broker with a sophisticated trading platform that offers a wide range of products. The company, founded in the US, provides the app IBKR GlobalTrader, which is ideal for beginners.
Saxo Bank | Best trading app for advanced traders
Full-service broker who offers stocks, ETFs, bonds, derivatives, crypto, and other products. You can access 36 different markets overseas from Indonesia using their powerful trading apps.
Best stock trading apps in Indonesia compared
| Broker | Fees on US stocks | Minimum deposit | Trading apps | Available in Indonesia |
| Interactive Brokers | IBKR Pro: Tiered $0.0005-$0.0035 per share (min $0.35) or Fixed $0.005 per share (min $1); free for non-US residents via IBKR Lite is not available – IB Pro applies | $0 | IBKR GlobalTrader, IBKR Mobile, IBKR Desktop | ✔️ |
| Saxo Bank | Classic: 0.08% of trade value, min $1 per trade; lower rates on Platinum and VIP tiers | $0 (Classic account) | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor | ✔️ |
#1 Interactive Brokers
Interactive Brokers at a glance
Interactive Brokers has proven to be one of the most reliable brokers in the market. Founded in 1978 and publicly listed on NASDAQ (IBKR), the company has survived multiple financial crises over its 45+ year history, and is regulated by many top-tier authorities including the SEC, FINRA, FCA, ASIC, and MAS, among others.
It offers some of the best stock trading apps available to Indonesian investors, providing access to 150+ market destinations across 33 countries with sophisticated tools and low fees. The product range covers stocks, ETFs, options, futures, bonds, forex, funds, commodities, and CFDs in a single account. IBKR also pays competitive interest on uninvested cash and is widely considered one of the lowest-cost brokers in the industry for active and global investors.
Interactive Brokers offers multiple platforms tailored to different levels of experience:
- IBKR GlobalTrader – a user-friendly mobile app suitable for beginners, designed to simplify investing while keeping access to IBKR’s underlying execution quality.
- IBKR Mobile – the full-featured mobile app for trading stocks, ETFs, options, futures, forex, and more. Excellent for intermediate and advanced traders.
- IBKR Desktop and Client Portal – web-based and desktop platforms with the most complete set of trading and research tools, suitable for active and professional traders.
- Trader Workstation (TWS) – the flagship professional platform with advanced order types, algorithmic trading, and institutional-grade analytics.
For Indonesian investors who are new to investing, we recommend starting with IBKR GlobalTrader, then graduating to IBKR Mobile or TWS as your needs grow.
Please check our Interactive Brokers review for a deeper dive into the broker.
#2 Saxo
Saxo at a glance
62% of retail CFD accounts lose money.
Saxo Bank is a Danish bank founded in 1992 and is a reliable option for both advanced traders and beginners, offering safety, fair pricing, and powerful tools. Saxo is regulated by multiple top-tier authorities including the Danish FSA, the UK’s FCA, ASIC (Australia), FINMA (Switzerland), and MAS (Singapore), and is supervised as a fully licensed bank in Denmark. As of 2026, Saxo manages over €100 billion in client assets.
Through Saxo, Indonesian investors can access more than 70,000 financial instruments across global markets, including stocks, ETFs, bonds, mutual funds, options, futures, forex, and CFDs. Saxo also offers stock and ETF lending and pays competitive interest on uninvested cash.
The broker provides three main trading platforms:
- SaxoTraderGO – the user-friendly, customisable, and award-winning flagship platform suitable for both beginners and experienced investors. Available on web and mobile.
- SaxoTraderPRO – the advanced desktop platform (Windows and Mac), built for active traders with sophisticated analytics, multi-screen support (up to six monitors), and institutional-grade tools.
- SaxoInvestor – a simplified web platform aimed at long-term investors looking for a streamlined experience without the complexity of the active-trading tools.
Saxo offers strong educational resources, deep research, and one of the broadest asset menus available to Indonesian investors. Following Saxo’s 2024 pricing overhaul, US stock trades on the Classic tier start at 0.08% with a $1 minimum per trade, with significantly lower commissions available on the Platinum and VIP tiers for higher account balances.
On the downside, Saxo charges a 0.15% annual custody fee on stock, ETF, and bond holdings (a meaningful drag for long-term buy-and-hold investors compared to brokers like Interactive Brokers, which do not charge custody fees), and currency conversion is charged at mid-market ±0.25%.
Methodology
When building this list, we focused on helping Indonesian investors make an informed choice when picking the right stock trading app. Each app we recommend has its own strengths, and we have tried to cover a diverse range that suits different investor profiles. The selection was based on the following criteria:
- Fees and pricing: commissions, spreads, currency conversion fees, custody fees, and any other costs that affect your net returns. Lower isn’t everything, but it matters significantly for long-term performance.
- Range of products and markets: access to global stocks, ETFs, options, futures, bonds, forex, and crypto. We also check whether the platform offers real assets or only CFDs.
- Trading platform and user experience: the quality, reliability, and usability of the mobile and web apps, including charting, order types, and customisation.
- Educational resources: the depth and quality of in-app tutorials, market analysis, and learning content – especially valuable for beginners.
- Customer service: response times, channels available (chat, phone, email), and quality of support, including in local languages where possible.
- Security and regulation: all platforms in this list are regulated by top-tier authorities (such as the SEC, FCA, MAS, ASIC, or Danish FSA) and offer asset segregation and investor protection schemes.
Bottom line
To summarize, here’s the list of “Best stock trading apps in Indonesia”:
- Interactive Brokers: Best Overall
- Saxo Bank: Best for advanced traders
It is hard to choose the right stock trading app in Indonesia. Luckily, we helped many people in the same situation before, and we can help you now. To facilitate your choice, we listed a few of the best stock trading apps in Indonesia, in our opinion, comparing what they can offer and highlighting their strengths.
We know that trading stocks is a good way to achieve financial freedom, but, like everything in life, risks are involved. We hope that our analysis was enough to help you make an educated decision that acknowledges those risks, whether you are experienced or a novice in the world of trading.
In any case, keep on studying, do due diligence, know your investment profile, and invest wisely!
FAQs
What is the difference between a stock and stock CFD?
While the stock gives you a property right over a share of the company, the CFD does not. The stock CFD is a derivative contract where the underlying asset is the stock and where the broker promises to pay you back the difference in value between the time you opened the position and the time you close it. CFDs have a leverage effect: if you buy a stock CFD and its price goes down, you will need to borrow money from the broker to keep the position open. This makes the instrument a risky option that is not suitable for beginners.
Is eToro available in Indonesia?
No, the stock trading app eToro is not available in Indonesia.
