EasyEquities is a discount brokerage brand that originated in South Africa and is now positioning itself as a mobile-first trading solution for emerging markets, including Indonesia. The broker targets Indonesian retail traders by integrating local payment methods like GoPay, OVO, and USDT, and by supporting KTP-based account opening directly from a smartphone. While the global parent company has some history in the low-cost shares market, its Indonesian arm appears to be a recent venture tailored for the local ecosystem.
For traders in Indonesia, the main appeal is the ability to start trading with a very small amount of IDR, execute trades instantly via a lightweight mobile app, and fund their accounts without needing a bank transfer. However, unlike established global brokers, EasyEquities does not disclose detailed regulatory licenses, spread structures, or trading platform options. This makes it a high-risk but potentially rewarding choice for tech-savvy Indonesian traders who value convenience and are willing to test a newer broker. The regional focus on mobile and local payments suggests EasyEquities is serious about capturing the underserved Indonesian retail market, but the lack of transparency is a significant drawback.
| Detail | Information |
|---|---|
| Founded | — |
| Headquarters | — |
| Regulated by | — |
| Min Deposit | $0 |
| Max Leverage | — |
| Platforms | — |
| Islamic Account | Not available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| 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 |
Indonesia has the world's largest Muslim population, and many Indonesian traders require swap-free (Islamic) accounts to comply with Sharia law, which prohibits earning or paying interest (riba). As of 2026, EasyEquities does not list an Islamic account option on its website or app. There is no statement about waiving swap charges for Muslim traders, and the broker has not provided any guideline on how to apply.
We contacted the support team via the in-app chat, and the representative said they are “considering” Islamic accounts in the future but could not guarantee availability. In practice, without an explicitly swap-free account, every overnight position will incur interest that conflicts with Islamic principles. Until EasyEquities officially introduces such an account, Indonesian Muslim traders may be better served by fully regulated Islamic brokers like Exness or Islamic Trading, which offer transparent swap-free conditions. If you still wish to use EasyEquities, you must close all positions before 23:00 WIB to avoid swap charges.
| 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 |
| 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% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Easyequities (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 |
EasyEquities is an intriguing but immature option for Indonesian traders in 2026. Its strong integration with GoPay, OVO, and USDT shows a clear commitment to the local retail market, and the mobile-first platform is ideal for a generation that lives on their phones. For the average Indonesian trader who wants to open a small account with Rp200.000 and speculate on gold or Bitcoin, it could work as a simple gateway. However, the absence of a verifiable OJK license is a fundamental flaw. You can always find another broker with same payment methods and proper regulation.
We do not recommend placing any significant funds until EasyEquities publishes its regulatory credentials. The lack of transparent spreads and platform support makes it less attractive for serious traders. The broker is best suited for tech-savvy beginners who are testing the waters, not for professionals. Given the current ambiguity, we give EasyEquities a conditional verdict: use only as a secondary or demo account, and prioritize regulated brokers like Exness or GoMarkets, which offer the same local payments plus full OJK or BAPPEBTI oversight. Security is as important as convenience, and the uncertainty here undermines the entire review.