What are the transaction fees for Indonesian stocks on Pluang?

Indonesian stock transactions on Pluang carry a 0.15% fee on buys and a 0.25% fee on sells, inclusive of taxes and third-party fees. This all-in rate covers Pluang's own trading fee (0.0961261% of transaction value, plus 11% VAT on that fee) plus mandatory third-party regulatory fees that apply to every IDX-licensed broker equally. The buy and sell rates differ because sell transactions carry an additional 0.10% final income tax (PPh 22/23 withholding) that doesn't apply to buys — everything else in the fee stack is identical on both sides. Fees are calculated automatically on the total transaction value (share price × number of shares) and shown on the order confirmation screen before you submit, so there's nothing to calculate manually and no surprise deduction after the trade settles.

Fee breakdown per transaction:

• Levy fee: 0.03% (buy & sell)
• VAT on Levy: 0.0033% (buy & sell)
• KPEI fee: 0.01% (buy & sell)
• Pluang trading fee: 0.0961261% (buy & sell)
• VAT on Pluang trading fee: 11% of the trading fee (buy & sell)
• Final income tax (withholding tax): 0.10% (sell only)

Total fee, all-in:

• Buy: 0.15%
• Sell: 0.25%

Worked example: Buying or selling 3 lots (300 shares) of BBCA at Rp8,500/share = Rp2,550,000. Buy fees: Levy Rp765 + KPEI Rp255 + Trading Fee Rp2,451 + VAT on Levy Rp84 + VAT on Trading Fee Rp270 = Rp3,825 total (Rp2,553,825 to pay). Sell fees: same four (Rp3,825) + Withholding Tax Rp2,550 = Rp6,375 total (Rp2,543,625 to receive). The regulatory portion of this fee stack — Levy, VAT on Levy, KPEI, and PPh Final — is set by the exchange and government, not by Pluang, so it's identical across every licensed Indonesian broker; only the trading fee itself varies by platform.

Related questions:

Q: What is e-materai and when does it apply?
E-materai (Rp10,000) is a government-mandated electronic stamp duty charged when the total value of your executed transactions on the same day exceeds Rp10,000,000. It is not a Pluang fee — it's a regulatory requirement that applies to all Indonesian brokers equally — and it's added automatically to your transaction record without any action needed on your part, so there's nothing extra to request or configure.

Q: Is dividend tax deducted when I receive dividends?
No, cash dividends are credited to your RDN in full, with no tax deducted at the time of disbursement. This is different from the PPh 22/23 withholding tax charged on sell transactions — dividend income and capital transaction income are taxed under separate rules, and dividends currently arrive uncut, unlike the automatic 0.10% deduction applied to every stock sale.

Q: Are there any hidden fees beyond the 0.15%/0.25% rate?
No, Pluang is fully transparent about transaction costs — every fee component (trading fee, levy, VAT, KPEI, and withholding tax where applicable) is itemized and shown on the transaction confirmation screen before you confirm an order, and the same breakdown appears in your transaction history afterward, so there's a permanent record of exactly what you paid and why.

Q: Does the fee rate change based on how large my transaction is?
No, the 0.15%/0.25% all-in rate is a flat percentage of transaction value with no tiered discount for larger trades and no surcharge for smaller ones. Whether you trade 1 lot or 1,000 lots, the same percentage applies — the only thing that changes is the rupiah amount, which scales proportionally with the size of your order.