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Are you looking to invest but can’t find a trusted site? Do you want to try your luck using forex or foreign exchange but are confused about how? In the following, we will discuss forex trading along with some of the best applications for investing.
The longer it takes, the more ways people invest to increase their rupiah coffers. One of them is by doing forex trading. Then, what is forex?
Forex comes from the word foreign exchange. It can also be said as the forex market which means the foreign exchange market. This trade takes advantage of the difference in the value of one country’s currency with another. Forex takes place virtually so you don’t see the goods being traded directly.
Forex trading can now be done anywhere and anytime via the internet. Forex investments can also be done easily with only 10 dollars, for example. However, forex investment must go through a trusted institution so that the owner does not lose. The following are some forex applications that can be trusted on Android.
1.Forex.com
The application that can be used as the first forex broker is Forex.com. Previously available as a website version, Forex.com can now be accessed using your Android device. By using this application, you can become a gold or silver member according to your trading level.
Some of the advantages that can be obtained from this forex.com application are the quality of the charts supported by TradingView. This application is available 24 hours a day, so it can still be monitored in your spare time. The speed of starting an investment or requesting a withdrawal is unquestionable. The navigation available in this application you can adjust the position and appearance to make it easier to use. Forex trading in this application can be started from the lowest nominal of $1 and make sure your account has a minimum deposit available
2.FXTM
FXTM is one of the trading applications available on Android. FXTM is a trusted broker in 180 countries. In addition, this application can also be considered as an automatic broker that can always provide the most updated information.
This app is also quite easy to use. After installing the FXTM application, you only need to register and verify some information related to your personal data. Then just transfer the amount of funds used to start forex trading. Requests to withdraw funds are also quite easy and the process is quite fast in a matter of minutes.
Another advantage of this application is the daily news feature and market research results that help your company to make wiser decisions. This application provides a 100% guarantee for deposits that you give up to $ 1000.
3.eToro
eToro is now also available on android devices. For people who want In the buying and selling process, it is often confusing to choose which traders are able to provide investments with large profits but are still reliable. Using eToro, you can find the right place to start forex trading.
This app provides precise portfolio analysis and statistics that the platform provides for every trader. With this feature, you can consider where and how much to invest. More than 220 million trades have trusted eToro to launch their activities. You can start forex trading through eToro with a capital of $50.
4.Stock Trainers
For beginners who are still inexperienced and want to invest through forex trading, you can try this android application, namely Stock Trainer. Stock Trainer offers a virtual stock trading experience using real market data. So that you can gain experience, knowledge, and very broad insight in the field of portfolio information of each trading service provider. This information is also complemented by their charts for the last 10 years. You can further consider whether or not to invest in the place with this additional detailed information.
The latest information about the stock market can also be accessed in this application. Stock Trainer cooperates with several business magazines to always update the information. The interface theme of this application can also be changed according to taste. This application can be accessed for free on the Play Store and to get rid of various annoying ads you can access premium features.
5.Think Trader
ThinkTrader is a forex trading application with a variety of very sophisticated tools that support the performance of professionals. This ThinkTrader was formerly known as the Trade Interceptor. Using this trading app, you can find and track the best currencies and stocks to invest in.
Think Trader 14 types of sophisticated charts are also equipped with 160 custom indicators that can help you to analyze and plan your future investments. You can access business news from America, Asia and Europe through this platform. The ThinkTrader application is also equipped with a notification feature regarding the latest information about your investments.
Other features that can be found in ThinkTrader are trading calendar, trading simulator, risk scanner, data release alerts and periodic reports. You should not hesitate to invest through this application. Because this application has been recognized by the FCA from the UK and ASIC from Australia which can increase the trust of its users.
6.Meta Trader
MetaTrader is one of the most popular trading platform applications for retail investors using Android devices, and it allows for trading stocks, forex and various other financial instruments via android smartphones. The app can provide general analysis of financial markets using various real-time time charts that include historical information, to monitor prices and offers.
You can also easily switch between different financial instruments as well as SL and TP values on the chart, along with visualization of trading information. This application is equipped with an investment chart feature that can be zoomed in or zoomed out. There are various other analytical features that complement the app including, such as Gann, Fibonacci and Elliott. Not to forget, this application is also equipped with the latest business news.
7.NetDania Stock and Forex Trader
NetDania Stock and Forex Trader is the next application that can be used for stock and foreign exchange investments. With this application, you can monitor comprehensively about the stock market and various important strategies that can be done to increase your profits. There are more than financial instruments engaged in this application and are constantly updated in real-time.
This app is quite simple and easy to use. In this NetDania Stock and Forex Trader, there are various additional facilities ranging from investment planning, the latest business news to the latest economic calendar. In addition, you can also learn stock or foreign exchange trading strategies by using this application.
8.FXCM – CFD & Forex Trading
FXCM is a relatively new application but the platform has been around for a long time. Well, in Indonesia itself got a reprimand from Kominfo because it is considered as illegal markets. Well, if you are worried, it is better to use one that has been supervised by an Indonesian institution such as HSB Investasi because it is safer.
9. FINEX
FINEX is a forex trading platform from PT Finex Berjangka which operates under a license and is under the supervision of BAPPEBTI. The platform is currently developing mobile trading support, and currently only 1000 people have downloaded it on the Playstore.
This broker is licensed and legal to trade forex, commodities, and indices. All can be done in just one application.
To register at FINEX is very easy, you only need an email, cellphone number, ID card, and fill out the available registration form. Deposits can be made by bank transfer such as BCA, Mandiri, BNI, or CIMB.
In terms of UI/UX, the FINEX application still needs development, but the web version is very satisfying.
10.GICTrade
In the GICTrade application traders will be pampered with Commission Free, Swap Free, Lowest Spreads, up to Trader Bonuses of up to 70,000/lot. With this GICTrade application you can open accounts, transactions, deposits and withdrawals in one application. You can trade like forex, stock indices, gold, and crude oil.
11.DCFX
DCFX is the lowest cost trading application using the most advanced technology and features. Developed by PT. Deu Calion Futures (DCFX) and Legalized by BAPPEBTI and registered as a member of BBJ, KBI, and ASPEBTINDO.
Currently DCFX is developing a mobile platform to make trading easier for traders. The UI/UX looks very smooth with a cool light green color.
To trade $200, there is no charge. And withdrawals can be made for only $10.
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