Is Binomo legal in Indonesia?
Forex trading is legal in Indonesia but is meant to be conducted through brokers licensed by BAPPEBTI. Most large global brokers operate via offshore entities and are not BAPPEBTI-licensed — trading with them is common but sits outside local protection.
Binomo does not hold a BAPPEBTI licence specifically for Indonesia in our records, so Indonesian clients are typically served through Binomo's international/offshore entity. That means you rely on that entity's regulation rather than local Indonesia protection — check which entity you're signing up with.
Binomo's regulation
Operates offshore (St. Vincent) — not tier-1 regulated; limited 'IFC/FinaCom' compensation membership. Has appeared on authority warning lists in several countries.
For Indonesian traders
Before you trade from Indonesia
Laws change and are enforced differently — this is general information, not legal advice. Always confirm the current rules with BAPPEBTI and verify which Binomo entity serves Indonesia. Trading Forex/CFDs is high-risk and can lose all your capital.
Binomo in other countries
Update history
- 2026-08-01
Availability and local-regulation context reviewed.