Indonesia Draws Broker Expansion as Thai Firms Face Margin Pressure

Broker activity in Indonesia includes one completed acquisition, a new Jakarta office and proposed Robinhood deals, while survey results show varied investment channels and Thai brokerages face declining volumes, squeezed margins and rising costs. Indonesia’s capital-market investor tally reached 28.9 million in June 2026, compared with 3,880,753 at the end of 2020. A separate June snapshot counted 22.69 million crypto-asset investors and IDR 28.58 trillion in crypto transactions during the month. The totals cover different categories and do not show whether individuals appear in both counts.