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FAQ article

What is e-materai and when does it apply on Pluang?

E-materai is a digital stamp duty used to authenticate transaction documents in accordance with Indonesian government regulations. On Pluang, an e-materai fee of Rp10,000 is charged when the total value of your executed (matched) stock transactions in a single calendar day exceeds Rp10,000,000 — the threshold is based on cumulative daily transaction value, not a single trade. This is not a Pluang charge; it's a nationwide regulatory requirement that applies identically to every licensed broker and investment platform in Indonesia.


How the e-materai threshold works:

  • Calculated on cumulative matched transaction value for the day, combining all buys and sells — not per individual order
  • Once your daily total crosses the threshold, the Rp10,000 fee applies to the relevant transaction(s)
  • The fee resets daily — no balance carries forward
  • Separate from and in addition to the standard trading fee (0.15% buy / 0.25% sell, all-in)

Related questions:

Q: What are the transaction fees for stocks on Pluang?
0.15% (buy) / 0.25% (sell), inclusive of taxes and third-party fees. E-materai is separate and only triggers above the Rp10,000,000 daily threshold.

Q: Does e-materai only apply on Pluang?
No. It's a regulatory requirement applying identically to every IDX-licensed broker and investment platform in Indonesia.

Q: What if my transactions are under Rp10 million in a day?
No e-materai fee applies — the threshold is assessed independently each day.

Q: Is e-materai charged on both buy and sell transactions?
Yes, both count toward the same daily Rp10,000,000 threshold together.