Is There a Fee to Open a Stock Trading Account on Pluang?
No, opening a stock trading account on Pluang is completely free. There is no registration fee, no account-opening administrative charge, and no minimum deposit required to activate the account — you only need to complete the identity verification steps inside the app. Account opening happens in two stages: Basic KYC, which every Pluang user completes at registration using e-KTP, NPWP, and a selfie; and Stocks KYC, an additional verification layer specific to Indonesian Stocks. Once your Stocks KYC is approved, Pluang automatically opens your RDN (Rekening Dana Nasabah) — the mandatory investor fund account required to trade on the Indonesia Stock Exchange (BEI) — at no cost, with no minimum balance needed to keep it open. The only prerequisites are being at least 18 years old and holding a valid e-KTP; Indonesian Stocks is currently not available to foreign nationals (WNA).
What's free when you open a Pluang stock account:
- Registration fee: Rp0
- Account-opening administrative fee: Rp0
- Minimum RDN deposit to activate the account: Rp0
- Physical stamp duty: not charged at opening — e-materai only applies later, to matched buy/sell transactions above Rp10,000,000 in a single day
What the two-stage KYC actually requires:
- Step 1 — Basic KYC: e-KTP, NPWP, and a selfie (already complete if you're an existing Pluang user)
- Step 2 — Stocks KYC: additional information prompted in-app, including an active bank account in your own name at BCA or Bank Jago, which is used to open your RDN
- Your RDN is created automatically once Stocks KYC is approved — there is no separate application or fee for the RDN itself
Related questions:
Q: Do I need to make an initial deposit to start investing?
No initial deposit is required to open the account itself. You can activate your RDN with a zero balance and top it up whenever you're ready to place your first order. There's no minimum top-up amount tied to account activation — the RDN top-up minimum only applies once you actually add funds, and Pluang doesn't set a deadline for when that first top-up has to happen.
Q: Is there a fee to close a stock account on Pluang?
No, Pluang does not charge a fee to close a stock trading account. Closure is handled manually rather than through a self-serve button in the app, so you'll need to contact Pluang's support team via live chat or tanya@pluang.com to start the process. Before closing, make sure all your shares are sold and your RDN balance is withdrawn, since an account with open positions or remaining funds typically can't be closed yet.
Q: Does e-materai apply when I open my account?
No, e-materai is never charged at account opening — it's tied strictly to transaction value, not account status. The Rp10,000 stamp only applies once your matched buy or sell transactions on a single day add up to more than Rp10,000,000. If you've just opened the account and haven't placed any trades yet, nothing triggers it, no matter how large your eventual RDN balance becomes.
Q: How long does account activation take after I register?
Verification and account activation on Pluang typically take 1–2 business days once you submit complete and valid documents for Stocks KYC. Processing can take longer if your submitted e-KTP photo or personal data doesn't meet requirements — common issues include blurry photos, mismatched signatures, or an expired ID. Once approved, your RDN is created automatically and you can begin funding it and placing orders the same day.