In modern trading times like today, there are many types of online businesses that are starting to be in demand because of the various advantages offered. One of the most popular businesses is trading or buying and selling foreign currencies.
People who trade are called traders. Which traders will need additional software, namely the best trading applications or broker services in conducting forex trading transactions.
Although it is predicted to be able to provide promising profits in a short time, this is also in line with the risks that may be faced.
Keep in mind, one of the determining factors for a trader’s success is the chosen forex brokerage company. Therefore, you can’t go wrong and just choose a trading application. Instead of getting big profits, you are actually deceived because the trading application is bogus.
MetaTrader 4
The first recommendation of the best trading application is MetaTrader. It is not only used for forex trading, but this application is also used for investing in other instruments such as stocks, gold and so on.
The MetaTrader application has various features for traders, such as general analysis of financial markets, technical analysis with real time forex charts, detailed online trading history and complete with up-to-date financial news every day.
Interestingly, through this application you can also connect with hundreds of forex brokers to exchange information. As for the layout, MetaTrader 4 has a newbie-friendly user interface, so you don’t have to worry about being confused about using this best trading application.
Seeds
Bibit is a generation Z subscription mutual fund application. This application aims to help traders or novice investors to start investing even if the amount is not large. Through the Bibit application, you can invest starting from Rp. 10,000 which can be paid using LinkAja and GoPay.
Meanwhile, for those of you who want to dive into the world of trading, Bibit offers a mainstay feature, namely Robo – Advisor. This feature works by making recommendations according to your risk tolerance, age of investors and your current financial situation.
The Seeds application has been trusted by more than 1 million users with a rating of 4.6 on the Play Store. It has a simple user interface and is easy to understand even for novice traders. In addition, all mutual fund activities are free of commissions or administration fees.
Bareksa
The best trading application in third place is Bareksa, which is one of the first comprehensive fund management platforms in Indonesia. Founded on February 17, 2013, this platform has gained a lot of experience and is trusted by millions of traders in Indonesia.
Bareksa is an application that provides various investment instruments, so it’s not only forex but also bonds, stocks, gold and other products. The advantage of this application is that you can join the online investor community to discuss experiences and problems with each other while being a trader.
In addition, Bareksa also provides news and information on relevant industry analysis. For those of you who want to start investing early, Bareksa can be the most appropriate alternative. The reason is, you can make a minimum deposit of Rp. 10 thousand via Virtual Account, digital wallet or conventional bank transfer.
ForexTime FXTM
ForexTime FXTM is one of the best trading apps that can perform automated forex trading. Interestingly, this application is also trusted by many traders in more than 180 countries. So you don’t need to doubt the quality and credibility of this one trading application.
Another advantage of this application is that it can be safely used for foreign exchange trading. In fact, this software is also designed not only for professional traders but also beginners. It has an attractive and simple design, guaranteed you can use this software well.
To be able to trade with ForexTime FXTM, you only need to register an account, upload a number of documents for verification, then deposit funds and you can trade.
Stockbit
Are you looking for a trading application with a simple design? This investment application developed by PT Mahakarya Artha Securities has a simple layout. Stockbit also has the largest stock community, which is more than 100 thousand investors who have joined.
In Stockbit, there is also a community feature that allows you to discuss, analyze and then make stock transactions. Furthermore, you will also find various technical analysis data as well as fundamental analysis data,
For those of you who have just entered the world of trading and still need a lot of knowledge, don’t worry, Stockbit also provides learning and educational features about trading. You can also learn trading strategies through virtual trading which you can use to try the thrill of trading before starting real trading.
HSB Investment
The next best trading application is HSB Investasi which is one of Indonesia’s local applications. Of course, HSB Investasi already has an official permit and is under the supervision of BAPPEBTI or the Commodity Futures Exchange Supervisory Agency and the Ministry of Trade.
If you want to try your basic trading skills, HSB Investasi has a demo account that you can use to better understand trading knowledge, the functionality of all available features, understand platform services and test your skills before you are finally ready to start trading for real.
Hanson Forex Investing
The next best recommended trading application is Hanson Forex Investing, this software was developed in 2018. Having a fairly complete feature makes Hanson much ogled by traders, both beginners and professionals.
As a trader you must always keep an eye on the market and determine the right time to sell or buy shares. However, this is quite confusing for some novice traders, therefore Hanson Forex Investing provides various features to help your trading process.
Like the open position feature to the Stop Loss and Take Profit feature that will really help you. This trading software has been downloaded by more than one million times and has a rating of 4.7 / 5. For its quality and safety, there is no doubt about it.
