1) Basic

How to Buy Stocks in Indonesia

Want to buy stocks but don't know where to start? Relax, the process isn't as complicated as you think. No need to visit the stock exchange building or know a broker personally. You can buy stocks right from your phone.

Definition

Buying stocks in Indonesia is done through securities companies (brokers) registered with OJK and the Indonesia Stock Exchange. You need to open a Customer Fund Account (RDN) first, then you can trade through the trading app provided by your broker.

Simple Explanation (Analogy)

Buying stocks is like shopping on an online marketplace. You can't walk up to Unilever's factory and say 'Hi, I'd like to buy some shares please.' You need a middleman -- a broker -- think of it as the Tokopedia or Shopee of the stock market. You register, verify, deposit money, then just click buy.

Indonesian Stock Example

Popular brokers in Indonesia include Stockbit, Ajaib, IPOT (Indo Premier), Mandiri Sekuritas, BCA Sekuritas, and Mirae Asset. Each has its strengths: Stockbit is known for its community, Ajaib is user-friendly for beginners, and IPOT has competitive fees. Choose whichever fits your needs best.

How to Use

Pick a broker officially registered with OJK. Download their app and register with your ID card and personal details. Verification usually takes 1-3 business days.
Once your RDN is active, transfer funds to your RDN account. Start with an amount you're okay losing -- consider it tuition money.
Search for the stock code you want (e.g., BBCA), set the price and number of lots, then click 'Buy.' Congratulations, you're officially an investor!

Common Mistakes

Using a broker not registered with OJK. This is super dangerous -- your money could vanish without legal protection. Always verify the broker on OJK's official website.
Going all-in with a large deposit right away. Start small, understand how it works, then gradually add capital.
Not reading transaction fees (buy fee and sell fee). Each broker has different rates, and this affects your profits, especially if you trade frequently.

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Tools BBCA

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After understanding this concept, apply it in tools so decisions become more objective and measurable.

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FAQ

How long does it take to open a stock account?

Usually 1-3 business days after submitting complete data. Some brokers can finish within hours. Make sure your ID photo is clear and personal data matches to avoid rejection.

Can I buy stocks using just my phone?

Absolutely! Almost all modern brokers have full-featured mobile apps. From opening an account, depositing funds, to buying and selling stocks -- everything can be done from your smartphone.