Is Pluang the Same Company as PT Bumi Santosa Cemerlang?
No, Pluang and PT Bumi Santosa Cemerlang are not the same thing. Pluang is the name of the app and the brand, while PT Bumi Santosa Cemerlang is one of several licensed companies that run the products inside it. PT Bumi Santosa Cemerlang facilitates Crypto Assets and Crypto Futures on Pluang under a Pedagang Aset Keuangan Digital (Digital Financial Asset Trader) licence, and is supervised by OJK. Pluang's other products sit with other companies, each holding its own licence: PT PG Berjangka for US Stocks, ETFs and Options, PT Sarana Santosa Sejati with PT Pluang Maju Sekuritas for Indonesian Stocks, PT Sarana Santosa Sejati for Mutual Funds, PT Pluang Emas Sejahtera for Gold, and PT PG Berjangka, under a separate Bappebti licence, for Commodities, which is currently open to a limited group of users. So when you see PT Bumi Santosa Cemerlang named in an OJK listing or a crypto document, it is the Pluang company responsible for crypto and IDR Yield, not a separate platform and not the company behind every Pluang product.
Which company runs each Pluang product
| Product | Company | Licence and regulator |
|---|---|---|
| Crypto Assets and Crypto Futures | PT Bumi Santosa Cemerlang | Pedagang Aset Keuangan Digital (Digital Financial Asset Trader), OJK |
| US Stocks, ETFs and US Stock Options | PT PG Berjangka | Perantara Pedagang Derivatif Keuangan (Financial Derivatives Trading Intermediary), OJK |
| Indonesian Stocks | PT Sarana Santosa Sejati, working with PT Pluang Maju Sekuritas | Level II Securities Brokerage Marketing Partner (OJK: 4/PM.02/STTD/MPPPE/2024) and securities company (OJK: KEP-196/PM/1992), OJK |
| Mutual Funds | PT Sarana Santosa Sejati | Agen Penjual Efek Reksa Dana (APERD, Mutual Fund Selling Agent), OJK |
| Gold | PT Pluang Emas Sejahtera | Pedagang Emas Fisik Digital (Digital Physical Gold Trader), Bappebti |
| Commodities (open to a limited group of users) | PT PG Berjangka | Pialang Berjangka (futures broker), Bappebti |
Why Pluang uses several companies. Indonesian rules license each type of financial product separately. Digital financial assets, securities, mutual fund distribution, derivatives and physical gold each need their own licence, and some are supervised by OJK while others are supervised by Bappebti. Placing each product in a company that holds the matching licence means each one is supervised by, and reports to, the right regulator.
Related questions:
Q: Is PT Bumi Santosa Cemerlang licensed?
Yes. PT Bumi Santosa Cemerlang holds a Pedagang Aset Keuangan Digital (Digital Financial Asset Trader) licence and is supervised by OJK; in 2025 it became one of the first Digital Financial Asset Traders accredited by OJK. Crypto trades on Pluang are carried out through the Central Finansial X (CFX) exchange and guaranteed by Kliring Komoditi Indonesia (KKI), the clearing house. The same licence covers both Crypto Assets and Crypto Futures.
Q: Does PT Bumi Santosa Cemerlang hold my crypto?
PT Bumi Santosa Cemerlang facilitates your crypto trades, but your crypto is held through a licensed custodian, Indonesian Coin Custodian (ICC), with 70% kept in cold storage, offline and away from internet-based attacks. Trades are recorded through the CFX exchange and guaranteed by KKI. For Crypto Futures, margin is held with KKI and ICC.
Q: Does PT Bumi Santosa Cemerlang also run my gold or stocks?
No. Among Pluang's products, PT Bumi Santosa Cemerlang covers Crypto Assets, Crypto Futures and the IDR Yield programme. Gold is facilitated by PT Pluang Emas Sejahtera under Bappebti, Indonesian Stocks run through PT Sarana Santosa Sejati and PT Pluang Maju Sekuritas, with your shares recorded in your own name at KSEI, and US Stocks and Options run through PT PG Berjangka. Each company holds its own licence and reports to its own regulator, even though you reach every product from the same Pluang app.
Q: Where can I check which company runs a Pluang product?
The table above lists the company and licence behind every Pluang product, and the article "Is Pluang regulated?" explains each licence in more detail. You can also look a company up on its regulator's official website: OJK for crypto, stocks, ETFs, options and mutual funds, and Bappebti for gold and commodities. If a company claims to be Pluang but is not on this list, treat it with caution and contact Pluang Care.