How to Invest or Buy Stocks in Indonesia Stock Market for non-Indonesia Citizen?

by Rudy P. SysAdmin at howtofindthemoney

Finding a good broker for international stock trading especially for Indonesia stock market can be hard work. When I began investing in foreign stocks years ago, I couldn’t find much good information on international stockbrokers anywhere online – just endless sites filled with mistakes and badly disguised advertising.

So I’ve tried to make it a bit easier for other investors by collecting together all the information you need to compare the best international online and telephone stockbrokers in the US, Hong Kong, and Singapore. I’ve also included a few suggestions for investors looking for stockbrokers in other parts of the world.

The guide is intended to be as comprehensive as possible. While it’s best to read the whole list and pick the stockbroker best suited to your needs, I have also written a much shorter guide to the five online stockbrokers that I think are most useful for international investors.

1. INDONESIA

2. SINGAPORE

AmFraser Securities

Online: Malaysia, Singapore, USA
Broker-assisted: Indonesia

CIMB Securities iTrade

Online: Hong Kong, Indonesia, Malaysia, Singapore, Thailand, USA

DBS Vickers

Online: Canada, Hong Kong, Singapore, USA
Broker-assisted: Australia, China B, Indonesia, Japan, Malaysia, Philippines, Thailand, UK

Kim Eng

Online: Hong Kong, Malaysia, Singapore, USA
Broker-assisted: Indonesia, Japan, Philippines, Taiwan, Thailand

Lim & Tan

Online: Australia, China B, Hong Kong, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan, Thailand, USA
Most foreign markets traded through unspecified intermediary (possibly Boom Securities in Hong Kong)

OCBC Securities

Online: Australia, China B, Hong Kong, Indonesia, Japan, Malaysia, Philippines, Singapore, Thailand, UK, USA
Broker-assisted: Canada, Korea, New Zealand, Taiwan

Phillip Securities Singapore

Online: Hong Kong, Indonesia, Japan, Malaysia, Singapore, Thailand, UK, USA
Broker-assisted: Australia, Canada, China B, France, Germany, Korea, Philippines, Sri Lanka, Taiwan

3. USA

Charles Schwab One Account

Online: USA
Broker-assisted: Argentina, Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hong Kong, Hungary, Indonesia, Ireland, Israel, Italy, Japan, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Philippines, Portugal, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK

Charles Stanley (advisory and execution only)

Online: UK
Broker-assisted: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Holland, Hong Kong, Indonesia, Ireland, Italy, Japan, Korea, Luxembourg, Malaysia, New Zealand, Norway, Philippines, Poland, Portugal, Singapore, South Africa, Spain, Sweden, Switzerland, Thailand, USA

Daniel Stewart (advisory and execution only)

Broker-assisted: Australia, Austria, Belgium, Brazil, Canada, Chile, China B, Czech Republic, Denmark, Egypt, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Korea, Latvia, Lithuania, Malaysia, Mexico, Netherlands, New Zealand, Norway, Philippines, Poland, Portugal, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, UK, USA

Redmayne Bentley (execution only)

Broker-assisted: Australia, Canada, Hong Kong, Indonesia, Japan, Korea, Malaysia, New Zealand, Philippines, Singapore, South Africa, Taiwan, Thailand, Western Europe, UK, USA
Greece available as CFDs

4. HONG KONG

Boom Securities

Online: Australia, China B, Hong Kong, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan, Thailand, USA

Phillip Securities Hong Kong

Online: Australia, China B, Hong Kong, Indonesia, Japan, Korea, Malaysia, Singapore, Taiwan, Thailand, USA
Broker-assisted: Canada, France, Germany, Philippines, UK