Mirae Asset Sekuritas Indonesia

What Mirae Asset Sekuritas Indonesia does

PT Mirae Asset Sekuritas Indonesia is an OJK-licensed securities firm established in 2013 as the Indonesian subsidiary of South Korea's Mirae Asset Financial Group. The company operates three integrated digital trading platforms — M-STOCK (a mobile application covering stocks, bonds, mutual funds, e-IPOs, ETFs, and structured warrants), M-FUND (a mutual fund distribution platform with a corporate dashboard for institutional portfolio management), and HOTS Desktop (a professional-grade desktop trading terminal with real-time market data and advanced analytics) — secured by Two-Factor Authentication and ISO 27001:2022-aligned data protection.

The firm serves four customer segments: Retail Investors using M-STOCK self-service, Affluent Investors receiving personalized advisory via Investment Specialists and the SAGE CLUB priority program, Institutional Investors through a dedicated Institutional Services team covering equities, bonds, IPOs, and research, and Corporate Clients using the M-FUND Corporate dashboard for idle funds optimization. Distribution combines digital channels (apps, social media on Instagram/YouTube/TikTok/X/WhatsApp) with a physical network of 25+ Office Education locations and Investment Galleries across Java, Sumatra, Kalimantan, and Sulawesi.

Revenue is generated through brokerage commissions on retail and institutional transactions, mutual fund distribution fees as an OJK-licensed APERD, underwriting fees on IPOs and debt offerings, and advisory fees for Priority and Institutional Services. The Indonesian subsidiary is part of a broader group that reached KRW 1,000 trillion (approximately $800.3 billion) in client assets in July 2025 and is rolling out the MAPS cross-border investment platform starting in Hong Kong in June 2026.

Name

Mirae Asset Sekuritas Indonesia

Legal name

PT Mirae Asset Sekuritas Indonesia

Website

https://sekuritas.miraeasset.co.id

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

501–1,000 employees

Short description

PT Mirae Asset Sekuritas Indonesia is an OJK-licensed securities firm offering multi-asset trading through M-STOCK, M-FUND, and HOTS Desktop platforms, serving retail, affluent, institutional, and corporate clients across Indonesia under the Mirae Asset Financial Group umbrella.

Ownership category

akta.pro rank

Product category

Securities Brokerage

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (52394)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Independent Broker-Dealers (Retail Network) (FSAAAAAC), Investment Management Advisory (RIA) (FSAEAAAB), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), Fiduciary Investment Management (Trust Portfolios) (FSAEAKAI)

Keywords

• Securities brokerage services
• Mutual fund distribution
• Investment advisory services
• Online trading platforms
• Equity underwriting services

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices29 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Brokerage Commissions: Revenue from facilitating stock, ETF, structured warrant (waran), and bond transactions for retail and institutional clients through M-STOCK and HOTS Desktop platforms. T+2 settlement cycle is standard.
2. Mutual Fund Distribution (APERD): Revenue from selling mutual fund products as an authorized Mutual Fund Selling Agent (Agen Penjual Efek Reksa Dana / APERD), covering equity, fixed income, and money market funds through M-FUND platform.
3. Underwriting (WPEE): Revenue from underwriting services including IPOs and other equity/debt offerings, under licensed Underwriter Representative (WPEE) authorization from OJK.
4. Investment Advisory Services: Revenue from personalized investment guidance through Investment Specialist and Priority Services for affluent and institutional clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels9 records

Core offering

PT Mirae Asset Sekuritas Indonesia is an OJK-licensed securities company providing stock and bond brokerage, mutual fund distribution, and equity underwriting services in Indonesia. The firm operates proprietary digital platforms — M-STOCK (mobile trading app), M-FUND (mutual fund platform), and HOTS Desktop (professional trading terminal) — and complements these with Investment Specialist advisory, Priority Services (SAGE CLUB) for affluent clients, and dedicated Institutional Services for large investors.

Product overview

Mirae Asset Sekuritas Indonesia operates as a unified platform ecosystem consisting of three core digital products: M-STOCK (mobile-first trading platform for stocks, bonds, mutual funds, e-IPOs, ETFs, and structured warrants), M-FUND (mutual fund investment platform with corporate dashboard capabilities for institutional portfolio management), and HOTS Desktop (professional-grade desktop trading platform with real-time market data and analysis tools). These platforms are complemented by advisory and institutional services including Investment Specialist advisory, Priority Services (SAGE CLUB), and Institutional Services for corporate clients. The company is licensed by OJK and regulated under IDX, KSEI, and IDClear infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• M-STOCK: Mobile application for stocks, bonds, mutual funds, e-IPOs, ETFs, and structured warrants trading
• M-FUND
• HOTS
• SAGE CLUB

Products and services

• M-STOCK Mobile-first investment trading application enabling retail investors to trade and invest in Stocks, Bonds, Mutual Funds, e-IPOs, ETFs, and Structured Warrants, with real-time portfolio management and integrated account services.
• M-FUND Mutual fund investment platform providing curated products from licensed investment managers, with investment simulation tools, real-time performance monitoring, and a corporate dashboard for institutional portfolio management.
• HOTS Desktop Professional-grade desktop trading platform delivering real-time market data and advanced analysis tools for active traders and institutional investors requiring in-depth market research capabilities.
• Investment Specialist Personalized investment advisory and guidance services delivered by experienced Investment Specialists to help clients manage and grow their assets with tailored support.
• Priority Services (SAGE CLUB) Exclusive priority investment services offering premium clients enhanced access, dedicated support, and preferential treatment through the SAGE CLUB program.
• Institutional Services Comprehensive corporate investment solutions supporting large-scale institutional investment needs with integrated solutions in equities, mutual funds, bonds, and IPOs, corporate access, strategic insights, precision execution with strong liquidity, and research-based analysis.

Quantifiable outcome

• Total AUM/client assets of $415.9B under Mirae Asset Sekuritas as of Q4 2025

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

14 partnerships are on record, tiered core and minor.

• MAPS (Mirae Asset Private Securities) — Global ExpansioncoreStrategic or Co-development Partner · 26 June 2025MAPS was officially introduced at a public event in Hong Kong on June 26, 2026, as the starting point for an expansion covering Japan, the United States, Singapore, and other global markets.
• OJK (Otoritas Jasa Keuangan / Financial Services Authority)coreOthersPT Mirae Asset Sekuritas Indonesia is licensed and supervised by the Financial Services Authority (OJK) as a Broker-Dealer, Underwriter, and Mutual Fund Selling Agent. Regulatory oversight ensures compliance with Indonesian capital market regulations.
• IDX (Indonesia Stock Exchange / Bursa Efek Indonesia)coreOthersMirae Asset Sekuritas operates as a member of the Indonesia Stock Exchange (IDX), facilitating stock, ETF, structured warrant, and bond trading on the exchange.
• KSEI (PT Kustodian Sentral Efek Indonesia)coreOthersKSEI is the Indonesian central securities depository (CSD) providing depository and settlement services for securities transactions.
• KPEI (PT Kliring Penjaminan Efek Indonesia)coreOthersKPEI is the Indonesian clearing guarantee institution providing clearing and guarantee services for securities transactions.
• IDClear (PT Kustodian Kliring Indonesia)coreOthersIDClear is an Indonesian central securities depository subsidiary of IDX, providing securities custody and settlement services.
• Mutual Fund Investment ManagerscoreStrategic or Co-development PartnerMirae Asset Sekuritas offers various mutual fund products from trusted and licensed investment managers through its M-FUND platform, collaborating with professional investment managers to provide a wide selection of curated mutual fund products.
• Capital ETF IDX ESG Leaders (XCEG)coreOthersMirae Asset Sekuritas provides Capital ETF IDX ESG Leaders (ticker: XCEG) as one of its ETF product offerings, serving as a Participating Dealer.
• Bahana ETF Pefindo iGrade (XPIN)coreOthersMirae Asset Sekuritas provides Bahana ETF Pefindo iGrade (ticker: XPIN) as one of its ETF product offerings, serving as a Participating Dealer.
• Mirae Asset Securities (Global, MAPS Platform)coreStrategic or Co-development PartnerMirae Asset Securities (Korea) launched MAPS (Mirae Asset Private Securities), an integrated global investment platform, starting with Hong Kong in June 2026 and expanding to Japan, USA, Singapore, and other global markets. Plans include enabling foreign retail investors to invest in Korean domestic stocks and developing AI-based asset management features.
• Mirae Asset Global InvestmentscoreStrategic or Co-development PartnerPart of the Mirae Asset Financial Group ecosystem, providing $325.9B in AUM as of Q4 2025. Group-wide synergies support cross-border investment products and services.
• Mirae Asset Life InsuranceminorStrategic or Co-development PartnerPart of the Mirae Asset Financial Group ecosystem with $31.5B in AUM as of Q4 2025.
• PT Insight Investments ManagementminorStrategic or Co-development PartnerMirae Asset Sekuritas collaborated with PT Insight Investments Management to send 10 pilgrim congregates to Makkah in the Umroh program, demonstrating CSR partnerships in the religious/social domain.
• Aku Investor Saham (Indonesia Investor Education)minorOthersPartnered with the national investor education initiative Aku Investor Saham to promote financial literacy and expand the investor base in Indonesia.

Scale indicators15 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Samuel Sekuritas Indonesia: Long-established Indonesian securities firm offering brokerage, underwriting, and advisory services to retail and institutional clients. Comparable full-service Indonesian peer with similar product breadth.
• Mandiri Sekuritas: Subsidiary of Bank Mandiri, one of Indonesia's largest securities firms with full-service brokerage, underwriting, and research. Comparable scale, multi-channel distribution, and full-stack capital markets offering to Mirae Asset.
• Indopremier Sekuritas (IPOT): One of Indonesia's largest retail online brokers, offering IPOT mobile app for stocks and mutual funds. Directly competes with Mirae Asset on self-directed retail trading in Indonesia with similar multi-asset, mobile-first platform strategy.
• Stockbit Sekuritas Digital: Indonesian digital-first broker combining a social-investing community app with brokerage execution. Competes head-to-head with Mirae Asset for retail trading accounts and is a comparable digital-native peer in the Indonesian market.
• Bahana Sekuritas: State-affiliated Indonesian investment bank offering securities brokerage, underwriting, asset management, and advisory. A direct peer across Mirae Asset's institutional, advisory, and underwriting lines in Indonesia.
• Trimegah Sekuritas Indonesia: Indonesian full-service broker providing retail, institutional, and investment banking services. Comparable multi-segment business model and Indonesian market presence to Mirae Asset Sekuritas.
• CIMB Niaga Sekuritas: Securities arm of the CIMB Group operating in Indonesia with regional bank backing. Comparable regional-affiliated broker serving retail and institutional segments with similar product mix.
• Ajaib Sekuritas: Indonesian fintech broker offering commission-free stock and mutual fund investing through a mobile app. A direct digital competitor targeting the same young retail segment that M-STOCK and M-FUND serve.
• BNI Sekuritas: Securities arm of Bank Negara Indonesia, offering brokerage, underwriting, and research with extensive branch-based distribution. Comparable bank-affiliated Indonesian securities peer with multi-segment reach.

Broad incumbents

• CLSA Indonesia (CITIC Securities): Hong Kong-headquartered broker-dealer with an Indonesian franchise focused on institutional execution, research, and ECM. Competes with Mirae Asset's Institutional Services line as a global incumbent with broader Asia-Pacific reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/MiraeAssetID
• YouTubeyoutube.com/@MiraeAssetSekuritas
• Facebookfacebook.com/0029Vb2OdAc1XqufWOZhj01u
• Instagraminstagram.com/miraeassetsekuritas_id
• TikToktiktok.com/@miraeassetid
• LinkedInlinkedin.com/company/mas-id

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mirae Asset Sekuritas Indonesia