Who Holds and Records My Investments on Pluang?
Pluang's custodian differs by asset class — there is no single custodian for the whole platform, because each product is recorded through its own regulated exchange and safeguarded by its own custodial partner. Gold is physically stored in a depository owned by PT Brinks Solutions Indonesia (Brink's), a global vaulting service provider with over 160 years of experience, appointed by Indonesia Clearing House (ICH) and PT ICDX Logistik Berikat (ILB) as an authorised and licensed gold depository; transactions are recorded at Bursa Komoditi dan Derivatif Indonesia (ICDX) and guaranteed by Indonesia Clearing House (ICH). Indonesian Stocks are held at KSEI (Kustodian Sentral Efek Indonesia), Indonesia's central securities depository, cleared via KPEI, with up to Rp100,000,000 protection per investor via SIPF. US Stocks, ETFs, and Options sit with Alpaca Securities LLC or Atomic Vaults LLC, both SEC/FINRA-regulated US brokers, recorded at JFX and guaranteed by KBI. Crypto Assets and Crypto Futures are custodied on Fireblocks using Multi-Party Computation (MPC) cryptography, recorded at CFX and guaranteed by KKI. Mutual Fund units sit with each fund's own custodian bank, facilitated by KSEI. (For where your cash/margin balance itself is banked, see the separate fund-storage FAQ.)
| Asset Type | Transactions Recorded & Guaranteed | Custodial Partner |
|---|---|---|
| Gold | Recorded at Bursa Komoditi dan Derivatif Indonesia (ICDX), guaranteed by Indonesia Clearing House (ICH) | Stored in a depository owned by PT Brinks Solutions Indonesia (Brink's), appointed and licensed by Indonesia Clearing House (ICH) and PT ICDX Logistik Berikat (ILB) |
| Indonesian Stocks | Recorded via KPEI (Kliring Penjaminan Efek Indonesia) | Held by KSEI (Kustodian Sentral Efek Indonesia); protected up to Rp100,000,000 per investor via SIPF |
| US Stocks, ETFs & Options | Recorded at JFX, guaranteed by KBI | Alpaca Securities LLC (US Stocks/ETFs) or Atomic Vaults LLC (Options) — SEC/FINRA-regulated US brokers. USD funds held at BMO Harris (AA- Fitch rated). Individual holdings viewable via SITNa |
| Crypto Assets | Recorded at Central Finansial X (CFX), guaranteed by Kliring Komoditi Indonesia (KKI) | Stored on Fireblocks, using Multi-Party Computation (MPC) cryptography |
| Crypto Futures | Recorded at CFX, guaranteed by KKI | Margin held by KKI and Indonesian Coin Custodian (ICC); ICC secures assets via Fireblocks with MPC cryptography |
| Mutual Funds | Facilitated by KSEI | Each mutual fund's own custodian bank (per its Fund Fact Sheet); unit ownership viewable via AKSes |
- US Stocks & Options insurance layers: SIPC protection covers up to US$500,000 per customer, including up to US$250,000 in cash, and Pluang adds up to an additional US$30,000,000 in coverage via Lloyd's Insurance for US Stocks & ETFs specifically — this additional Lloyd's layer does not extend to US Stock Options.
- Indonesian Stocks custody entities: Two licensed Pluang entities sit behind your KSEI-held stock assets — PT Sarana Santosa Sejati (Level II Securities Brokerage Marketing Partner, OJK licence 4/PM.02/STTD/MPPPE/2024) working with PT Pluang Maju Sekuritas (Securities Company, OJK licence KEP-196/PM/1992) — both independently verifiable against OJK's public registry.
Related questions:
Q: Who custodies my Indonesian Stocks on Pluang?
KSEI (Kustodian Sentral Efek Indonesia) holds your Indonesian stock assets, with every transaction guaranteed by KPEI (Kliring Penjaminan Efek Indonesia) and up to Rp100,000,000 in compensation per investor via SIPF if a securities company fails. Because your holdings are registered at KSEI in your own name through the licensed entities PT Sarana Santosa Sejati and PT Pluang Maju Sekuritas, they are kept structurally separate from Pluang's own corporate assets.
Q: Who custodies my Crypto Assets on Pluang?
Fireblocks, the world's leading institutional crypto custody platform, holds your Crypto Assets using Multi-Party Computation (MPC) cryptography rather than a single private key, with 70% of holdings kept in cold wallet storage and backed by $30,000,000 in institutional cyber-theft coverage. Transactions are recorded at Central Finansial X (CFX) and guaranteed by Kliring Komoditi Indonesia (KKI). The same Fireblocks/MPC setup also secures Crypto Futures margin, held jointly by KKI and the Indonesian Coin Custodian (ICC).
Q: Who custodies my US Stocks on Pluang?
Alpaca Securities LLC, a SEC/FINRA-regulated US broker, holds your US Stocks in segregated accounts, while US Stock Options sit with Atomic Vaults LLC under the same regulatory oversight. Uninvested USD cash is held at BMO Harris, a bank rated AA- by Fitch. SIPC protection covers up to US$500,000 per customer (including up to $250,000 in cash), and US Stocks & ETFs specifically carry an additional US$30,000,000 in coverage via Lloyd's Insurance.
Q: Can I verify my individual share ownership independently?
Yes — US Stocks and Options holdings are viewable via SITNa, the Indonesian regulatory reporting system tied to JFX and KBI, and Mutual Fund unit ownership is viewable via AKSes, KSEI's centralized fund-unit registry. Both let you cross-check your position against the official record independently of what's shown in the Pluang app, since your holdings are registered with the custodian directly.
Q: Who custodies my Mutual Fund units on Pluang?
Each mutual fund's own custodian bank, named in that fund's Fund Fact Sheet, holds the underlying assets — not Pluang, and not one shared custodian across all funds. KSEI facilitates the unit registration and ownership record. This structure follows standard Indonesian mutual fund regulation, where the Investment Manager and custodian bank are always kept separate from the selling agent — in this case, PT Sarana Santosa Sejati.