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How to Choose the Best Securities Account for Stock Investing in Indonesia: Start from Just IDR 100,000!

Confused about which securities company to use for buying stocks? Here’s a practical, up-to-date comparison of the most popular Indonesian brokerages—so you can start investing with just IDR 100,000!

Investing in stocks can feel overwhelming—especially if you’re just starting out and unsure which securities account to pick. In this guide, we’ll walk you through everything you need to know about opening a stock account in Indonesia, from fees to the fastest registration, and how you can get started with a small budget.

Why Do You Need a Securities Account?

To buy or sell stocks in Indonesia, you must go through a securities company (known as a “sekurtias”), which acts as the official broker for your transactions. Each investor needs to open a securities account—think of it as your gateway to the world of stock investing.

Fun fact: There are nearly 100 officially registered brokerages in Indonesia, so you have plenty of options!

What Are the Steps to Open a Securities Account?

1. Fill out a registration form (personal data, occupation, etc.)
2. Provide a copy of your ID card (KTP), tax number (NPWP), and bankbook
3. Make an initial deposit (amount depends on each company)

The process is now much easier thanks to online registration—most brokers offer a 100% digital process. Some may still require you to send documents to their head office, but account activation is generally fast (from 1 week to 1 month).

Comparing Top Securities Firms in Indonesia

Here’s a side-by-side look at popular securities companies, focusing on key points: buy/sell fees, online registration, minimum deposit, and NPWP (tax number) requirements.

Securities Firm	Buy Fee (%)	Sell Fee (%)	Online Registration	Min. Deposit	NPWP Requirement
Mandiri Sekuritas	0.18	0.28	Yes	IDR 3,000,000	Mandatory
BNI Sekuritas	0.17	0.27	Yes	IDR 1,000,000	Optional
BCA Sekuritas	0.18	0.28	Yes	IDR 1,000,000	Optional
Mirae Sekuritas	0.15	0.25	Yes	IDR 10,000,000 (Students: 3 million)	Optional
Indopremier	0.19	0.29	Yes	IDR 100,000	Optional

Key Differences You Should Know

• Fees: Vary between 0.15%–0.19% for buying and 0.25%–0.29% for selling. Lower fees help you keep more profit!
• Minimum Deposit: Indopremier stands out with the lowest entry—just 100,000 rupiah. Others require up to 10 million.
• NPWP: Only Mandiri Sekuritas requires NPWP (tax number) without exception. Other brokers are more flexible and may provide a statement form if you don’t have one yet.

What About Fees? Here’s a Real Example

Let’s say you buy 1 lot of Bank BRI stock (100 shares) at IDR 2,970 per share. If you use BCA Sekuritas, the buy fee is 0.18%. So:
2,970 x 100 = 297,000 rupiah. The buy fee = 297,000 x 0.18% = IDR 534.
That’s how little you actually pay your broker for a standard lot—making stocks accessible even for beginners.

Opening an Account: What Happens Next?

After registering, you’ll get an RDI (Rekening Dana Investor, or Investor Fund Account)—a special bank account just for stock transactions. You’ll have two accounts: your normal bank account for daily activities, and your RDI for trading stocks. Your initial deposit will appear here once your account is activated.

Important Insights Before You Choose

• You’re allowed to open accounts at multiple brokers if you wish—there’s no limit or penalty for this.
• Make sure the broker is officially listed on idx.co.id to ensure safety and regulation.
• Each broker offers a mobile app for easy online trading and monitoring your portfolio anywhere.
• There may be minor admin fees (like stamp duty), but these are generally standard and small.

Insight: Don’t overthink your first choice—focus on starting your investment journey! If you don’t like one broker, you can always try another. The most important step is to get started.

Summary: Which Securities Firm Is Best for You?

• If you want to start small, Indopremier offers the lowest minimum deposit (IDR 100,000) with flexible NPWP requirements.
• If you prefer to use your main bank (Mandiri, BCA, BNI), check their in-house broker for easier fund transfers.
• Compare fees and choose one that matches your investment habits—every percent counts over time!

Ready to Invest?

Opening a securities account is easier than ever, and you can start with a minimal deposit. No more excuses—seize the opportunity to grow your wealth through the stock market. Which broker are you interested in? Let us know in the comments, and don’t forget to check out our other guides for beginner investors!
Want more tips? Explore our guide to stock investing for beginners here.

Labels: Finance

References

• Perbandingan Sekuritas | Mulai dari 100 ribu!
• Channel: Saham dari Nol
• Original Video: https://www.youtube.com/watch?v=DnxEFMbGHBI