How Do US ETF Orders Work on Pluang: Trading Hours, Order Types and Fees?
US ETF orders on Pluang work like US stock orders: you trade in US dollars during US market hours, from US$1, using Market, Limit, Stop or Stop-Limit orders. US Stocks and ETFs on Pluang are facilitated by PT PG Berjangka, a Financial Derivatives Trading Intermediary for derivative products with securities as the underlying asset, licensed and supervised by OJK. ETFs marked "24" in the app can also be traded with Limit Orders in the 24-Hour Market.
Trading hours
| Session | Hours (WIB) | Hours during US Daylight Saving Time (WIB) |
|---|---|---|
| Regular market, Monday to Friday | 21:30–04:00 | 20:30–03:00 |
| 24-Hour Market (ETFs marked "24", Limit Orders only) | Monday 08:00 to Saturday 08:00 | One hour earlier |
The market is closed on weekends and US exchange holidays. A Market Order placed outside regular hours waits as a Pending Market Order and executes when the market opens.
Order types
| Order type | How it works | Validity | When it can run |
|---|---|---|---|
| Market | Buys or sells at the market price when the order executes; no price control | DAY | Regular hours |
| Limit | Executes only at your price or better | DAY or GTC | Regular hours and the 24-Hour Market |
| Stop | Becomes a Market Order when the stop price is reached | DAY or GTC | Regular hours |
| Stop-Limit | Becomes a Limit Order when the stop price is reached | DAY or GTC | Regular hours |
| Stop Loss / Take Profit (OCO) | When one leg executes, the other is cancelled | 30 calendar days | Regular hours |
GTC orders stay open for up to 30 calendar days and need whole units; fractional units are available on DAY orders. You can't change an order's validity after placing it. A cancellation is forwarded to the US broker rather than processed instantly, and it is completed before the next regular session opens.
Fees
| Fee | Rate | Applies to |
|---|---|---|
| Pluang transaction fee | 0.2% (Pluang Plus) or 0.3% (Regular) | Buys and sells |
| JFX & KBI fee | 0.05% of the transaction, up to US$0.10 | Buys and sells |
| VAT | 11% of the transaction fee and the JFX & KBI fee | Buys and sells |
| US regulatory fees (SEC, TAF and CAT) | Small amounts set by US regulators | Sells only |
Learn more: US Stocks and ETF fees and how the US Stock order types compare.
Related questions:
Q: Can I place a US ETF order outside US market hours?
Yes. A Market Order placed outside regular hours waits and executes at the open. A Limit Order on an ETF marked "24" can execute in the 24-Hour Market instead.
Q: What is the minimum order for a US ETF on Pluang?
US$1 for a Market Order and US$1.50 for a Limit, Stop or Stop-Limit Order. The minimum sell is US$0.40.
Q: Where does the money go when I sell a US ETF?
A sale settles in US dollars, so the proceeds go to your USD balance. You can keep them in USD or convert them to IDR in the app, with a 0.25% conversion fee plus VAT.
Q: Can I cancel a US ETF order after placing it?
Yes, as long as it hasn't executed. The request is forwarded to the US broker and completed before the next regular session opens. While it is pending, the order still shows as Open and the Cancel button is greyed out.
Last updated: 6 November 2026