How do Pluang's stock trading fees compare to other brokers?
Pluang charges 0.15% on buy orders and 0.25% on sell orders, inclusive of taxes and third-party fees — this covers Pluang's own trading fee (0.0961261% of transaction value, plus 11% VAT on that fee) plus mandatory regulatory fees. This sits in line with conventional Indonesian brokers rather than undercutting them — several major digital brokers charge the same or very similar all-in rates. Pluang's fee rate has become an industry-standard rate for Indonesian stock trading rather than a below-market discount.
Stock trading fee comparison (illustrative)
| Broker | Buy Trading Fee | Total Buy | Sell Trading Fee | Total Sell |
|---|---|---|---|---|
| Pluang | 0.0961261% + 11% VAT (≈0.107%) | 0.15% | 0.0961261% + 11% VAT (≈0.107%) | 0.25% |
| Broker A (typical) | 0.10% | 0.1433% | 0.10% | 0.2433% |
| Broker B (typical) | 0.15% | 0.1933% | 0.25% | 0.3933% |
Note: All brokers pay the same regulatory fees (levy, VAT, KPEI, PPh). The difference lies in each broker's own trading fee.
Where Pluang stands: Pluang's own trading fee sits close to the middle of typical broker rates — comparable to Broker A, lower than Broker B, but not the single lowest in the market. Beyond the fee rate, Pluang's differentiators are its low minimum investment, multi-asset access, and TradingView-powered analysis tools.
Related questions:
Q: Are there brokers in Indonesia with lower fees than Pluang?
Yes, rates vary and can change over time. Compare beyond the fee rate alone: analysis tools, multi-asset access, minimum investment, and account security.
Q: Are regulatory fees the same across all brokers?
Yes. Levy, VAT, KPEI, and PPh Final are standardised and apply identically across all IDX-licensed brokers — only each broker's own trading fee differs.
Q: Is Pluang's trading fee rate fixed permanently?
No. Rates can be updated over time — check the app's confirmation screen or the official fee page for the current rate before trading.