Regulator profile · ID
OJK — Otoritas Jasa Keuangan
Tracked byBrokerlist Editorial · Independent review teamUpdated
Otoritas Jasa Keuangan (OJK) is Indonesia's integrated financial-services regulator covering banking, capital markets, non-bank financial institutions, insurance, pensions and consumer financing. OJK does NOT licence retail OTC forex — that activity is BAPPEBTI's domain, treated as a commodity-futures contract. OJK supervises securities-firm regulation and IDX (Indonesia Stock Exchange) listed-equity trading.
Brokers in Indonesia accepting residents under OJK- Jurisdiction
- Republic of Indonesia.
- Founded
- 2011
- Mandate
- Established by Law No. 21/2011 on the Financial Services Authority (effective 2013). OJK consolidated supervisory functions previously held by Bank Indonesia (banking), Bapepam-LK (capital markets and non-bank financials), and other sectoral bodies. Operates parallel to BAPPEBTI for futures and Bank Indonesia for monetary policy.
- Consumer protection
- Lembaga Penjamin Simpanan (LPS, Indonesia Deposit Insurance Corp) covers bank deposits up to IDR 2 billion per depositor (raised from IDR 100 million in 2008). Securities investor protection operates via broker-dealer settlement guarantees at the IDX clearing infrastructure. Insurance and pensions have separate sector-specific protection schemes under OJK supervision.
- Retail leverage caps
- Not directly applicable to retail FX — that's BAPPEBTI's mandate. OJK supervises securities-firm margin trading on IDX-listed equities under separate risk-based capital rules. Banking-side leveraged FX activities are subject to Bank Indonesia and OJK joint prudential rules.
- Public register
- OJK publishes lists of authorised banks, securities firms (Perusahaan Efek), asset managers, insurance companies, pension-fund managers and consumer financiers. Cross-reference BAPPEBTI for futures/FX-broker authorisation and Bank Indonesia for monetary-side credit institutions. Open register ↗
- Dispute resolution
- Lembaga Alternatif Penyelesaian Sengketa (LAPS) — sector-specific financial-services dispute resolution bodies operate under OJK supervision. LAPS-SJK for banking, LAPS-SJK Asuransi for insurance, LAPS-SJK Pasar Modal for capital markets. Decisions are binding within stated thresholds.
- Editor notes
- OJK and BAPPEBTI operate parallel jurisdictions in Indonesia — retail FX falls under BAPPEBTI, while OJK covers banking, IDX equities, mutual funds and insurance. Investor awareness focus areas at OJK include unauthorised digital-lending apps and pyramid investment schemes; FX-broker enforcement is jointly coordinated with BAPPEBTI when offshore brokers solicit Indonesian residents.
Brokers we track with a OJK licence
No brokersNo tracked broker currently holds a OJK licence in our database.