Short answer: Boom Securities (Hong Kong). Indonesia’s IDX is on Boom’s official 18-market list, onboarding is standard Hong Kong KYC, and no Indonesia visit — or local SID/RDN account — is required. POEMS / Phillip Securities Singapore is the other clean remote route. Neither takes US persons; for those, Schwab’s Global Investing Services desk has Indonesia on its broker-assisted phone list.
You do not need a local Indonesian broker, a KSEI sub-account, or an Indonesian bank to trade IDX as a foreign individual — the Hong Kong and Singapore routes handle custody and settlement for you.
The routes, compared
| Route | Works for US residents? | Remote onboarding? | Local ID / bank needed? | Verified |
|---|---|---|---|---|
| Boom Securities (HK) | No | Yes — HK KYC | No | ✅ Owner-tested (IDX traded) |
| POEMS / Phillip Singapore | No | Yes — SG KYC | No | Researched |
| Schwab GIS desk (US residents) | Yes | Yes — phone order | No | Researched (Schwab’s own market list) |
| Local IDX broker (Ekokapital, Inti Fikasa, Phillip Indonesia…) | Case by case | Partly — weeks of paperwork | Yes — SID + RDN, often a local bank | Researched |
| EIDO ETF (US-listed) | Yes | Yes — any broker | No | The index, not the market |
Which to pick
- Most foreign non-residents → Boom Securities. It’s the verified primary route: IDX is explicitly on Boom’s market list, and the owner of this registry has traded Indonesian stocks through it first-hand. Phillip/POEMS Singapore is an equally remote alternative if you already bank in that ecosystem.
- US residents → the Schwab desk. Boom and Phillip decline US persons. Indonesia sits on the buy-and-sell list of Schwab’s Global Investing Services desk (broker-assisted by phone, 800-992-4685) — the practical American route to the IDX. See the US investors guide.
- Only want broad exposure, not specific names → the EIDO ETF, which any standard Western broker holds. That’s the index, not direct access — fine for beta, useless for a specific Jakarta small-cap.
- Need a name no foreign broker routes → a local IDX account. Legal for foreigners, but it assumes Indonesian banking infrastructure and weeks of onboarding (SID, RDN sub-account). Last resort.
Full detail
This page is the short answer. The full write-up — local-broker specifics, the SID/RDN mechanics, foreign-ownership rules, tax and the offshore-listed names — is on the Indonesia country page.
Last updated 13 June 2026. The Boom → IDX route is owner-verified; other routes are researched from broker materials and Schwab’s published market list.