What Are the Transaction Fees for Gold ETFs on Pluang?
Gold ETF transactions on Pluang carry 0.15% on buys and 0.25% on sells, all-in — exactly the same rates as Indonesian stocks. That all-in figure covers Pluang's own trading fee of 0.0961261% of transaction value plus 11% VAT on that fee, together with the mandatory third-party regulatory fees that apply to every IDX-licensed broker equally: the levy, VAT on the levy, and the KPEI clearing fee. The buy and sell rates differ for one reason only: sell transactions carry an additional 0.10% final income tax that does not apply to purchases. Everything else in the stack is identical on both sides. Fees are calculated automatically on total transaction value (unit price × number of units) and shown on the order confirmation screen before you submit.
Fee breakdown per transaction:
| Component | Buy | Sell |
|---|---|---|
| Levy fee | 0.03% | 0.03% |
| VAT on levy | 0.0033% | 0.0033% |
| KPEI clearing fee | 0.01% | 0.01% |
| Pluang trading fee | 0.0961261% | 0.0961261% |
| VAT on Pluang trading fee | 11% of the trading fee | 11% of the trading fee |
| Final income tax (withholding) | — | 0.10% |
| Total, all-in | 0.15% | 0.25% |
- Worked example. Buying 10 lots (1,000 units) at Rp1,000 per unit = Rp1,000,000. Buy fees: levy Rp300 + VAT on levy Rp33 + KPEI Rp100 + trading fee Rp961 + VAT on trading fee Rp106 = Rp1,500, so you pay Rp1,001,500. Selling the same position: the same Rp1,500 plus Rp1,000 final income tax = Rp2,500, so you receive Rp997,500.
- Most of the stack is not Pluang's. The levy, VAT on the levy, KPEI fee, and final income tax are set by the exchange and the government, so they are identical across every licensed Indonesian broker. Only the trading fee itself varies by platform.
- e-Materai. A Rp10,000 stamp duty applies when your total daily transaction value exceeds Rp10,000,000 — the same rule that applies to Indonesian stocks, not an ETF-specific charge.
- What you never pay: no account opening fee, no custody fee, and no inactivity fee. Holding an ETF position for months costs you nothing in platform charges.
- These are transaction fees only. Separately, each fund charges a management fee inside the fund, reflected in its net asset value rather than billed to you, and you cross the bid-ask spread each time you trade. Neither appears in the table above.
Related questions:
Q: Why is the sell fee higher than the buy fee?
Because sells carry a 0.10% final income tax that purchases do not. Every other component — the levy, VAT on the levy, the KPEI clearing fee, Pluang's trading fee, and VAT on that fee — is charged identically on both sides. That single tax line is the entire reason the all-in rate goes from 0.15% to 0.25%.
Q: Are ETF fees cheaper than Indonesian stock fees?
No, they are the same. Buying costs 0.15% all-in and selling 0.25% all-in for both, because ETF units trade on the same exchange, clear through the same infrastructure, and are executed through the same securities account. There is no ETF discount and no ETF surcharge.
Q: Is the management fee included in the 0.15% and 0.25%?
No. Those rates cover transaction costs only. Each fund separately charges a management fee that is deducted inside the fund and reflected in its net asset value over time, so it never appears as a line on your statement. Each fund's prospectus sets out what it charges.
Q: Do I pay a fee just to hold the ETF?
Not to Pluang. There is no custody fee, account fee, or inactivity fee, so holding a position costs nothing in platform charges regardless of how long you hold or how large the position is. The one ongoing cost is the fund's own management fee, which is charged within the fund rather than by Pluang.