Plus500 has taken a new step in its global growth strategy by entering the Indonesian market through the acquisition of Global Intra Berjangka, a locally regulated brokerage firm. The move grants Plus500 a license from Bappebti, Indonesia’s national regulator for futures and commodities trading.
The acquisition allows Plus500 to operate under full local compliance and offer its standard suite of trading products—including CFDs—through a locally registered domain. Global Intra Berjangka had previously paused new client onboarding in January 2023.
This latest deal follows Plus500’s recent expansion into Colombia, Chile, and India, underscoring the company’s commitment to growing its regulated presence across high-potential emerging markets.
With over 283 million people, Indonesia is Southeast Asia’s largest economy and presents a major opportunity for online trading platforms. Plus500 joins a growing list of international brokers such as XTB and Doo Financial who have secured onshore licenses in the country. Meanwhile, many rivals still serve Indonesian clients through offshore entities—an increasingly difficult model as local regulators tighten compliance requirements.
The move also reflects a broader trend. Fintech companies are rapidly targeting Indonesia’s rising population of crypto and capital markets investors. Robinhood, for instance, recently announced plans to acquire two Indonesian firms to build its presence in the market.
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By
Staff Writer
