According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- IDR 5,000
- Pluang mobile app
- OJK
- BAPPEBTI
- One live account type
- Low initial deposit requirements
- 5 asset classes
- Acceptable trading fees
- No desktop platform
- Low leverage
- No restrictions on methods and strategies.
Our Evaluation of Pluang
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Pluang is a high-risk cryptocurrency exchange with the TU Overall Score of 2.47 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Pluang clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
Pluang is one of the leading Indonesian brokers open for foreign residents. Its clients get comfortable and profitable trading conditions with a growing number of assets and popular services. User data and funds are securely protected. The team of experts promptly assists in solving any arising issues.
Brief Look at Pluang
Pluang, an Indonesian broker, offers trading over 900 assets, including stocks, ETFs, precious metals, mutual funds, and cryptocurrencies on a live account with universal conditions. The minimum initial deposit is IDR 5,000 or USD equivalent. Trading fees vary depending on the asset. For example, 0.3% is charged for stocks and ETFs (0.2% for the Pluang+ program members), while investing in mutual funds incurs fees of 0.875%. Trades are conducted through a proprietary mobile app for Android and iOS. The maximum leverage is 1:4. Technical support is available via phone, email, and live chat.
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- Simple registration process and low initial deposit requirements ensure problem-free access for any trader;
- Variety of assets, including gold, are traded without restrictions on trading methods and strategies;
- Minor slippage and acceptable fees;
- Passive income options;
- Benefits from the Pluang+ program;
- Academy section provides educational articles, market news, and comprehensive analytics;
- Official registration and regulation.
- Conversion and leverage fees apply;
- No desktop or web platform;
- Deposit and withdrawal fees may apply in certain cases.
TU Expert Advice
Author, Financial Expert at Traders Union
Pluang provides access to a diverse range of over 900 trading assets, including stocks, ETFs, precious metals, mutual funds, and cryptocurrencies through a user-friendly mobile app. The platform accommodates different trading strategies without restrictions and offers competitive fees, with the initial deposit requirement set at IDR 5,000. Leverage is available up to 1:4 for U.S. stocks, and there are opportunities for passive income through the Pluang+ program. The broker's services are backed by regulation from the OJK and BAPPEBTI.
However, Pluang has certain drawbacks, such as the absence of a desktop or web platform, applicable deposit and withdrawal fees in certain circumstances, and limited leverage. Additionally, while the broker offers robust client support, its services are most beneficial for traders comfortable with mobile trading, particularly those from Southeast Asia. Despite these challenges, Pluang may be a suitable option for traders who prioritize accessibility, a wide asset range, and mobile-first trading, but may not be ideal for those needing advanced tools or higher global regulatory protection.
Pluang Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Pluang mobile app for Android and iOS |
|---|---|
| 📊 Accounts: | Classic |
| 💰 Account currency: | IDR and USD |
| 💵 Deposit / Withdrawal: | Bank transfers, Visa, Mastercard, and e-wallets |
| 🚀 Minimum deposit: | IDR 5,000 |
| ⚖️ Leverage: | Up to 1:4 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | No |
| 💱 Commission: | Spot: 0,1%-0,15% |
| 🔧 Instruments: | 60 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: |
One live account type; Low initial deposit requirements; 5 asset classes; Acceptable trading fees; No desktop platform; Low leverage; No restrictions on methods and strategies. |
| 🎁 Contests and bonuses: | Rebates from Traders Union |
The broker offers one account type with low initial deposit requirements. However, note that comprehensive trading requires larger capital, especially with leverage up to 1:4. Technical support is available 24/7 via live chat and email. Phone communication is provided from 09:00 to 18:00 on weekdays.
Pluang Key Parameters Evaluation
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Regulation and safety
With a 6.75/10 score, Pluang demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- 2FA
- Government-regulated
- No successful hacks history
- Cold wallet storage
- No facial recognition
- Not U.S regulated
- No investor protection fund
Pluang Security Factors
We also compared Pluang against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Pluang | OKX | Kraken | |
| Tier-1 regulation | No | No | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is Pluang a regulated crypto exchange?
Pluang is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
Pluang is authorized or licensed in accordance with local regulations in the following regions: Indonesia.
Is verification (KYC) mandatory at Pluang?
Yes, KYC verification is mandatory at Pluang. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Pluang available?
Pluang complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Spain, United Kingdom, Australia, Canada, Israel, Cyprus, Sweden, Latvia, Romania, Portugal, Switzerland, Netherlands, Singapore, France, Italy, Poland, Belgium, Norway, Czech Republic, Japan, Finland, Bulgaria, Korea, Estonia, Austria, Denmark, Germany, Lithuania, Ireland, Slovakia, Hungary, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Pluang support.
Is Pluang available in the USA?
Yes, Pluang is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Pluang commissions and fees
Pluang received a 7.75/10 score for its trading fees. While Pluang is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are Pluang trading fees?
We analyzed Pluang’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Pluang trading fees vs competitors
| Pluang | Nexus Trade | Paxful | Industry average | |
| Spot, maker fee (%) | 0,1 | 0,22 | 0 | 0.15 |
| Spot, taker fee (%) | 0,15 | 0,22 | 0 | 0.194 |
What are Pluang deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0.00003384 BTC 0.00301144 ETH |
Does Pluang offer P2P trading?
No, Pluang does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
Pluang received a 4/10 rating for its deposit and withdrawal services. Pluang offers limited funding options and may charge fees, which could be inconvenient for many users.
- Bank transfers for deposits and withdrawals
- No deposit fees
- Bank cards accepted for instant deposits
- No PayPal option
- Withdrawal fee applies
Deposit and withdrawal options
Pluang supports the following deposit and withdrawal options: Bank transfers, Bank card.
Pluang Deposit and withdrawal options vs competitors
| Pluang | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | No | Yes | Yes |
| PayPal | No | No | Yes |
What is Pluang minimum deposit?
The minimum deposit at Pluang is 5000 IDR USD/USDT or 0 BTC. The minimum trade size is 0,3 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Pluang minimum deposit vs competitors
| Pluang | OKX | Kraken | |
| Minimum deposit, USD or USDT | 5000 IDR | 10 | 10 |
| Minimum deposit, BTC | 0 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 0,3 | 0,00001 | 1 |
Does Pluang support fiat money?
Pluang supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Pluang received a score of 3.5/10 in this category, indicating a modest offering of assets and markets. While Pluang covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Staking available
- Only 60 supported coins
- Crypto futures not available
Pluang supported coins and markets vs competitors
We compared Pluang with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Pluang | OKX | Kraken | |
| Supported coins | 60 | 329 | 278 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | Yes | No |
| NFTs | No | Yes | Yes |
Pluang passive income options vs competitors
We also compared Pluang with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Pluang received a score of 5.5/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Mobile indicators allowed
- Positive user feedback on the iOS app
- App data protection with 2FA
- Android app score 4,4
- No access to TradingView features
- No access to API
- No standalone desktop access
Trading apps
Pluang provides web and mobile apps for both Android and iOS users, with an average rating of 4,5 on the App Store and 4,4 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Pluang platform is for mobile use.
| Pluang | Bybit | |
| 2FA | Yes | Yes |
| Face ID | No | Yes |
| Mob Indicators | Yes | Yes |
| Alerts | No | Yes |
| Advanced Orders | No | Yes |
| Trading with bots | No | Yes |
| API | No | Yes |
| Extra trading platforms | No | MT4 |
Does Pluang offer a desktop app?
No, Pluang does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Pluang offer advanced charting with TradingView integration?
No, Pluang does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Regulation | OJK, BAPPEBTI |
|---|---|
| Official site | https://pluang.com/ |
| Contacts |
(021) 8063 0065;
|
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