Score

1.25 /10
Danger

Pluang

Indonesia

1-2 years

Suspicious Regulatory License

High potential risk

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Regulatory Index0.00

Business Index4.98

Risk Management Index0.00

Software Index4.00

License Index0.00

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Warning: Low score, please stay away! 4
Previous Detection : 2025-07-12
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The broker's claimed IndonesiaBAPPEBTI regulation (Regulation Number: 16/BAPPEBTI/SI/02/2014) has not been verified. Please be alert to the risks!

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Pluang · Company summary
Pluang Review Summary
Founded2013
Registered Country/RegionIndonesia
RegulationNot regulated
Market InstrumentsUS Stocks, ETFs, Crypto, Gold, Mutual Funds, Options, Crypto Futures
Demo Account
LeverageUp to 1:4
SpreadUS Stocks transaction fee: 0.30% (regular users) / 0.20% (Pluang Plus)
Trading PlatformPluang Mobile App, Pluang Web Trading
Min DepositRp10,000
Customer SupportEmail (24/7): tanya@pluang.com
Live Chat (24/7): Available via Pluang App
Call Center: (021) 8063 0065 (Mon–Fri, 09:00–18:00 WIB, except holidays)

Pluang Information

Pluang, founded in 2013 and based in Indonesia, is a mobile-first investment platform offering over 1,000 assets including US stocks, ETFs, crypto, gold, mutual funds, options, and futures. It is not regulated either locally or internationally. It mainly targets beginner investors and casual traders with low minimum deposits and an easy-to-use app interface.

Pluang Information

Pros and Cons

ProsCons
Access to a wide range of assets including US stocks and cryptoNot regulated
Low minimum deposit requirement (Rp10,000)Limited to specific asset classes (no forex or CFDs)
Beginner-friendly mobile and web trading platformsLeverage fees and transaction costs may apply

Is Pluang Legit?

Pluang is not a regulated broker. It is not regulated by Indonesia's primary financial authorities for securities trading, such as OJK (Otoritas Jasa Keuangan).

Is Pluang Legit?

According to WHOIS data, the domain pluang.com was registered on August 9, 2013, last updated on August 7, 2024, and will expire on August 9, 2026.

Is Pluang Legit?

What Can I Trade on Pluang?

Pluang offers access to over 1,000 assets, including 650+ US stocks and ETFs, 360+ crypto assets, 65+ mutual funds, gold, options, and crypto futures.

Tradable InstrumentsSupported
Forex
Commodities (Gold)
Crypto
CFD
Indexes
Stock
ETF
Mutual Funds
Options
Crypto Futures
What Can I Trade on Pluang?

Account Types

Pluang offers two main account types: the Standard Account and the Pro Features Account. There is no Demo Account available and no Islamic (Swap-Free) Account option.

Account TypeAvailableBest ForKey Features
Standard AccountBeginners and casual investorsAccess to US stocks, crypto, gold, mutual funds, simple trading
Pro Features AccountActive and professional tradersAdvanced Orders, Crypto Order Book, Watchlists, Screeners
Account Types

Leverage

Pluang offers up to 4× leverage on over 650+ US stocks and ETFs, allowing traders to multiply their buying power and potentially maximize returns within a shorter time frame. While leverage can amplify profits, it also increases potential losses.

Leverage

Pluang Fees

Pluangs trading fees are relatively low compared to industry standards, especially for US stocks and ETFs. While the platform charges modest transaction fees, there are additional regulatory charges and daily leverage fees that users need to consider, particularly for leveraged and options trading.

ProductSpreads/Fees
US Stocks & ETFs0.30% transaction fee (regular users) / 0.20% (Pluang Plus members)
Dividend Tax15% for unleveraged stocks, 30% for leveraged stocks
Daily Leverage Fee0.023% per day (8.25% p.a.) for regular users, 0.015% per day (5.25% p.a.) for Pluang Plus members
Crypto, Mutual Funds, Gold, OptionsFees not fully detailed, regulatory fees apply for options
Pluang Fees

Non-Trading Fees

Non-Trading FeesDetails
Deposit FeeDirect BCA Transfer: Free
Virtual Account: Free if ≥ Rp500,000; Rp3,000 if < Rp500,000
E-Wallet: 1.5% fee
Withdrawal FeeFirst transaction per month: Free
Second and onward: Rp4,500 per transaction
Inactivity FeeNot mentioned
Foreign Exchange Fee0.25% conversion fee for IDR to USD and vice versa, plus market spread (variable based on time and liquidity)
Non-Trading Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for what kind of traders
Pluang Mobile AppAndroid, iOS smartphones/tabletsBeginner and casual traders, mobile-first users
Pluang Web TradingPC, Mac (Web Browser)Traders needing larger screens and chart analysis
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Trading Platform

Deposit and Withdrawal

Pluang generally does not charge a deposit fee for large transactions, but small deposits via Virtual Account or E-Wallet incur a fee.

Withdrawals are free for the first time each month, and a small fee (Rp4,500) is charged from the second withdrawal onwards.

The minimum deposit is Rp10,000, and the minimum withdrawal is Rp10,000.

Deposit Options

Deposit MethodMin. DepositFeesProcessing Time
Direct BCA TransferRp500,000FreeReal-time to 1 business day
Virtual Account (VA)Rp10,000Free if ≥ Rp500,000; Rp3,000 if < Rp500,000Real-time to 1 business day
E-Wallet (e.g., Gopay)Rp10,0001.5% of deposit amountReal-time

Withdrawal Options

Withdrawal MethodMin. WithdrawalFeesProcessing Time
Bank TransferRp10,000First withdrawal free; Rp4,500 per subsequent withdrawal1–3 business days
Withdrawal Options

User Reviews

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Vergil0160
more than one year
•Focus on Ease of Use & Accessibility: "Pluang's app is incredibly user-friendly, making investing simple even for beginners. I love how accessible it makes diverse assets." •Highlight Diversification & Product Range: "The wide range of options—from gold to US stocks and crypto—lets me easily diversify my portfolio all in one place." •Praise Security & Trustworthiness: "I feel secure investing with Pluang knowing it's regulated by Bappebti and OJK, and my funds are in segregated accounts." •Commend Features & Benefits: "Features like recurring buy and USD Yield are fantastic for consistent growth and passive income. Very intuitive!" • Overall Positive Experience: "Pluang has transformed my investing journey in Indonesia. Highly recommend this reliable and innovative platform!"
•Focus on Ease of Use & Accessibility: "Pluang's app is incredibly user-friendly, making investing simple even for beginners. I love how accessible it makes diverse assets." •Highlight Diversification & Product Range: "The wide range of options—from gold to US stocks and crypto—lets me easily diversify my portfolio all in one place." •Praise Security & Trustworthiness: "I feel secure investing with Pluang knowing it's regulated by Bappebti and OJK, and my funds are in segregated accounts." •Commend Features & Benefits: "Features like recurring buy and USD Yield are fantastic for consistent growth and passive income. Very intuitive!" • Overall Positive Experience: "Pluang has transformed my investing journey in Indonesia. Highly recommend this reliable and innovative platform!"
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2025-06-12 12:37
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