If you ask: How to trade? How to buy Indonesian shares? Where can I buy shares of publicly traded companies?
Can Indonesian shares that go public be purchased through a bank, through a notary, or go directly to the company concerned to directly buy the shares?
Not. You CANNOT buy these shares through these methods. If you want to buy shares of a publicly traded company, you have to buy them through the Indonesia Stock Exchange (IDX). How: open a stock account (securities account) at a securities office in your city or the nearest city. All buying and selling transactions of go public shares occur ONLY on the Indonesia Stock Exchange (IDX). BEI is an institution that facilitates stock transaction trading activities.
If you intend to trade stocks, then the first step you have to do is to open a securities account first. Because without having a securities account, it is 100% certain that you cannot trade shares or investments, because all the buying and selling activities of shares of publicly traded companies that you do can all occur when your stock account is active and you have deposited capital, then you buy sell shares. By opening a stock account at a securities office, you can be said to be a customer of the securities office.
The securities office provides full service brokerage and online trading, depending on the services of the securities office concerned. The difference is, if you use a full service broker you don't need to enter your own buy and sell orders. If you want to buy or sell shares, all you have to do is call your broker, then the broker will forward your order. If you are trading online, you don't need to call a broker, but if you want to buy or sell shares, you can do it yourself with just a click of a mouse button on your monitor screen, through software for trading that has been provided by each securities office.
Now I think almost all securities offices have provided online trading facilities. This is because with online trading, trading on the Indonesia Stock Exchange can become more practical and easier. In addition, if you use a full service broker, the minimum deposit is much larger (can be tens of millions) than you who use online trading. Currently, securities offices are competing to provide a minimum deposit to their customers. In fact, some provide a minimum deposit of only IDR 1,000,000 (one million rupiah).
Then, what is the technical procedure for opening a stock account, what data do I need to fill in, what do I get when I successfully open a stock account, how do I know the location of the securities office in my city and what should I do? To answer all your questions regarding the opening of a stock account, please continue reading to the next post: How and Techniques for Opening a Stock Account.
