DEGIRO Review 2026: Is It Available for Indonesia Traders?
PROS for Indonesia Traders
- Low-cost stock and ETF trading is a core feature of DEGIRO, with many free ETFs available.
- Backed by the German flatex DEGIRO group, providing strong financial stability.
- Regulated by top-tier European authorities like AFM and BaFin.
- Clean mobile app that is convenient for managing a simple investment portfolio.
- Competitive pricing for futures and options on major European exchanges.
CONS for Indonesia Traders
- DEGIRO is not available to Indonesia traders, so you cannot open an account legally.
- No OJK regulation or protection for Indonesian residents, creating legal uncertainty.
- No support for GoPay, OVO, USDT, or bank transfers in IDR.
- Does not offer Islamic accounts or swap-free trading conditions.
- No MT4, MT5, cTrader, or TradingView platforms for advanced traders.
Degiro EU Overview for Indonesia
DEGIRO, now part of the German flatex DEGIRO group, is one of Europe's largest and most popular low-cost brokers, founded in 2008 and headquartered in Amsterdam. It has grown to serve more than 2.5 million clients across Europe, offering cheap access to stocks, ETFs, bonds, mutual funds, futures, and a limited range of derivatives. Despite its popularity in Europe, DEGIRO is not available to traders in Indonesia. The broker does not accept clients from Southeast Asian countries, including Indonesia, and it does not provide services in Indonesian language or support the Indonesian rupiah as a base currency.
For Indonesia traders, this creates a significant barrier. There is no GoPay, OVO, or USDT deposit option, no OJK regulation, and no local customer support. The DEGIRO platform is designed for a mobile-first investing experience, but it only works within supported jurisdictions. Indonesian traders who are interested in low-cost investing may see DEGIRO as attractive on paper, but in reality they must seek alternative brokers that are locally compliant and offer local payment methods.
| Detail | Information |
|---|---|
| Founded | — |
| Headquarters | — |
| Regulated by | — |
| Min Deposit | $0 |
| Max Leverage | — |
| Platforms | — |
| Islamic Account | Not available |
| Copy Trading | Not available |
| Demo Account | Available |
Regulation & Safety — Is Degiro EU Safe for Indonesia?
Spreads & Trading Costs 2026
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
Account Types for Indonesia Traders
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | No |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
Trading Platforms Available
Deposits & Withdrawals — Indonesia Guide
Islamic Account — Indonesia Muslim Traders
DEGIRO does not offer Islamic or swap-free accounts. The broker's focus is on stock and ETF investing, which is generally not interest-based in the same way as leveraged forex trading, but it does not provide a Sharia-compliant account with swap-free conditions on any derivative products. There is no option to request a swap-free account through customer support, and DEGIRO does not market itself to Muslim traders in Indonesia.
For Indonesian Muslim traders, this is another significant reason to look elsewhere. Several OJK-regulated brokers in Indonesia offer genuine Islamic accounts with zero swap on overnight positions, often with no hidden fees. These accounts are available to anyone, but Muslim traders can apply by simply checking a box during the registration process. Since DEGIRO does not cater to this need and is not available to Indonesians anyway, it cannot be considered a viable option for Sharia-compliant trading.
| Feature | Details |
|---|---|
| Islamic Account Available | No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
Instruments & Markets in Indonesia
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Education & Research Tools
Customer Support — Indonesia Review
Common Mistakes Indonesia Traders Make with Degiro EU
- Mistake: Assuming DEGIRO is OJK-regulated because it is popular in Europe. In reality, it has no license in Indonesia and cannot legally serve you.
- Attempting to bypass country blocks using VPN or other methods can result in account termination and loss of access to your funds.
- Choosing DEGIRO because of its low fees without checking that it does not support GoPay, OVO, or USDT, which makes local deposits and withdrawals impossible.
Degiro EU vs Competitors in Indonesia
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Degiro EU (current) | $0 | Check broker | No | No | 4.5 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
Security & Fund Protection — Degiro EU
Segregated Funds
Negative Balance Protection
Top-tier Regulation
Degiro EU User Reviews & Ratings
Trustpilot Rating
CompareBroker Expert Rating
What traders love
Common complaints
Degiro EU Latest News & Updates 2026
Final Verdict — Is Degiro EU Worth It for Indonesia Traders?
DEGIRO is an excellent low-cost broker for European investors who trade stocks and ETFs, but it is not a viable option for Indonesia traders in 2026. The broker does not accept Indonesian clients, is not licensed by OJK, and lacks Indonesian language support and local payment methods. Even though DEGIRO's reputation and low fees are attractive, the practical obstacles are simply too large for most Indonesians.
If you are an Indonesian trader looking to invest in global stocks or trade forex, your better choice is an OJK-regulated broker that offers local payment methods like GoPay and OVO, supports USDT deposits, provides an Islamic account, and has a mobile-first platform with MT4/MT5 support. DEGIRO can only serve as a point of comparison for what low-cost investing looks like, but it is not a recommended platform for traders residing in Indonesia.