Stockbit Sekuritas Digital: Indonesian shares, FR bonds and Cash Sweep controls

Stockbit’s trading account is opened separately from its social account. The current mobile process collects e-KTP identification, a selfie, work and source-of-income information, a risk profile, a signature and a trading PIN. Verification involves Stockbit Sekuritas, KSEI and the selected investor cash-account bank; the guide estimates up to three business days in ordinary cases, with additional time where checks require it.[1]

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Stockbit Sekuritas Digital is a multi-asset securities broker: its documented offer includes Indonesian shares, ETFs, rights and warrants, together with direct FR government bonds bought and sold inside Stockbit. The FR route uses the Stockbit RDN and therefore establishes bond access without importing the broader Bibit catalogue or a separate crypto business into this profile.[2][24][25]

FR bonds pay fixed coupons while their traded prices vary. Stockbit explains that coupons are normally semiannual and that a buyer compensates the seller for accrued coupon entitlement before receiving the next full coupon. A fixed coupon rate is therefore different from the yield paid for a particular purchase price. The confirmation’s bond price, accrued interest and taxes matter even when the broker quotes no dealing commission.[26]

Trading Limit is settlement credit, with cash due by 15:00 WIB on T+2. An unpaid amount attracts 0.1% per calendar day, including weekends and holidays, after the settlement deadline. Buying is suspended on T+3; if the obligation remains unpaid on T+4, forced sale starts at 11:00 WIB without a fresh confirmation. Charges accumulate for billing at the start of the following month. A sale after purchase day can leave late charges until that sale settles.[5]

The broker’s example illustrates the calendar-day effect: buying on Wednesday and selling on Thursday can leave the sale proceeds unavailable until Monday. With IDR1 million still due, three charged days cost IDR3,000 at 0.1% daily. That illustration concerns settlement funding and excludes any other transaction or bank charges.[6]

Day Trade has a different clock. Eligible positions must be sold by 15:40 WIB on the same trading day; the published terms also trigger forced sale when the debt ratio reaches 85%. It should not be treated as the same facility as Trading Limit’s T+2 payment window.[7]

A bracket entry that never fills expires at day-end without creating the contingent exits. When it fills only partly, the exit quantity follows those fills. Stockbit’s trailing-stop explanation separately warns that the resulting market instruction can match away from the trigger when the order book or price changes. The two exit mechanisms should not be treated as identical stop orders.[8][10]

Stockbit Desktop is a trading interface, while account registration uses mobile. The desktop help also places virtual trading on web/mobile rather than desktop. These distinctions matter when choosing a backup interface; the available documentation does not establish universal feature parity or a general promise that every automated instruction works unchanged through an outage.[11]

Regular share sales settle T+2 business days. Stockbit’s updated guide says the display called Cash on Hand or Saldo T+0 becomes settled, withdrawable cash only after that process; it does not describe T+0 exchange settlement. The balance should update by 18:00 WIB on settlement day. Where Trading Limit obligations are overdue, the guide places withdrawal availability on the day after T+2 settlement. Immediate trading buying power is a separate balance.[13]

The Jago RDN deposit guide accepts bank transfers without a broker-stated minimum and estimates ordinary crediting in 10–30 minutes. Incoming transfers can be requested around the clock, but an external bank’s charge or processing remains relevant. If cash is missing after the stated interval, give support the transfer evidence rather than submitting the trade on an assumed credit.[15]

Withdrawals go to the registered personal bank account and require the trading PIN. The web guide accepts requests when withdrawable cash is available and says status updates occur after 14:00 WIB. Its timing estimates exclude weekends and national holidays.[14]

FR purchases use units of IDR1 million nominal value and are processed during 09:00–14:00 WIB on business days. Stockbit estimates two to three business days for completion. A sale similarly returns proceeds to the Stockbit RDN in an estimated two to three business days. This bond timetable should not be replaced with the regular-share cash rule.[24][25]

An incoming securities transfer starts with the Stockbit form and the originating broker’s own instruction process. Stockbit states that it processes the transfer the same day after receiving the originator’s instruction, with display potentially taking another business day. Incoming transfers are free except odd lots, charged IDR22,200. The average purchase price entered in the form is supplied by the client; the guide does not establish an automatically verified historical tax basis. A current universal outgoing-transfer tariff was not established and should be requested before departure.[16]

For closure, the guide requires empty share and RDN balances and no pending SBN or FR purchases in Bibit that depend on this RDN. Send the signed closure form to support; no stamp is required on that form. After complete documents, telephone verification and the required balance checks, Stockbit estimates five business days and confirms completion by email. Closure also ends the linked Stockbit Pro entitlement.[17]

Both web and mobile provide E-Statement → Tax Report → tax period → send to email. The current guide says the report includes investment income, withheld tax and asset values to support the client’s own filing. Stockbit does not file the SPT for the client, and the client must verify the figures. Obtain the needed records before closing because the guide does not promise post-closure access.[18]

Indonesia SIPF’s current member directory lists PT Stockbit Sekuritas Digital under exchange code XL. Eligible protection requires a custodian securities account, a sub-account at the central depository and a Single Investor Identification number. The protected pool includes qualifying KSEI-held securities and own-name RDN cash; involvement in the asset loss and specified custodian-insider or affiliate relationships are exclusions.[27][28]

OJK decision Kep-69/D.04/2020, effective 2 January 2021, caps compensation at IDR200 million per investor at one custodian and IDR100 billion per custodian. These are missing-asset compensation limits, not a guarantee of each portfolio’s market value.[29]

Claims handling follows an OJK determination of missing assets and the custodian’s inability to return them, together with the applicable inability to continue business. SIPF then announces a claim invitation, with submissions due within the stated window of no more than 30 business days from announcement. Compensation does not include hypothetical future investment gains.[28]

Recovering a forgotten trading PIN on mobile requires verification through the registered email and phone, plus facial verification by the account holder. Stockbit blocks withdrawals and changes to the receiving bank account for 24 hours after PIN recovery. The recovery notification is emailed to the registered address. Account access can therefore resume before the cash-withdrawal restriction ends.[19]

The support article covers account, application and error assistance. It does not establish a telephone emergency-dealing authorization. If an instruction’s status is uncertain, preserve its reference and seek confirmation; use an available documented interface only after checking whether the first order was accepted or filled.[20][12]

For a formal dispute, first send the complaint and supporting records to Stockbit and retain its response. OJK’s APPK portal accepts consumer complaints and provides status tracking. This complaint route is separate from SIPF’s missing-asset compensation process.[32][33]

LAPS SJK’s current member list names PT Stockbit Sekuritas Digital. Its mediation application requires identification, a chronology, evidence of attempted internal resolution and supporting documents, together with the parties’ agreement to mediate. Filing is available directly or through APPK. Eligible retail capital-market disputes up to IDR500 million have mediation service fees waived; that figure is a fee-exemption threshold, not a compensation ceiling or guaranteed award.[34][33]

Cash Sweep is an optional integration that invests idle cash in Grow Optima Liquid Fund through Bibit and redeems it for share purchases. It is a money-market fund investment with a changing NAV, not guaranteed RDN interest. The published eligibility requires a BCA RDN and more than IDR50 million of equity, counting investments and trading balance. Activation requires acceptance of terms, the Stockbit trading PIN and Bibit PIN, and upgrades the Bibit account to Bibit Plus.[21]

To disable Cash Sweep, there must be no pending fund units or net share purchases. Switching it off and confirming the PIN automatically sells all fund units. Stockbit estimates one to two business days to Cash on Hand; its detailed timing places full deactivation proceeds in the second trading session of the following business day. A partial redemption requested before 07:00 WIB can arrive in that day’s second session; later requests move to the next business day. Qualifying fund transactions above IDR10 million per day incur IDR10,000 stamp duty.[22]

Partial redemption leaves the sweep authorization running. Unless the client increases Reserved Cash or disables the service, eligible cash can be swept again at 07:00 WIB on the following business day. This is particularly relevant when preparing cash for an IPO payment: redeeming units and reserving the resulting cash are separate controls.[23]

The contracting broker is PT Stockbit Sekuritas Digital, formerly PT Mahakarya Artha Sekuritas. Its published company history records establishment in 1990, securities-broker licence KEP-132/PM/1992 and the acquisition/name change in December 2021. Its reported 2025 retail-client count was 2,837,071, and its 2025 sustainability report describes a top-three position by IDX transaction frequency. These are the company’s stated client and activity measures, not a ranking by assets or service quality.[30][31]

Headquarters

Jakarta, Indonesia