Are you willing to trade and need the best trading app? Let’s first choose the right application in this article.
Check out the recommendations for trading applications that you can use as a reference in choosing a trading application. Happy reading..
Becoming a trader who buys and sells currencies ( trading ) has become a new lifestyle for millennials. Of course, as a trader , you need a trading application or brokerage service to carry out forex trading activities .
One of the factors that determine the success of a trader is the forex broker they choose. Why is that? Because if the broker you choose is not trusted and is not responsible, then the broker may take your investment money away.
You need to know that there are forex brokers in the country. This means that the brokerage company is located in Indonesia. However, there are also international-scale brokers who have opened branches in Indonesia.
List of Best Trading Apps
This time the Finansialku section will share information about a list of the best trading applications. Here’s a list of the best trading apps that you can choose from.
#1 ForexTime FXTM
ForexTime FXTM is an application that can perform forex trading automatically. In fact, this application has been used by traders in more than 180 countries , you know .
That way, you no longer need to doubt the trustworthiness of this trading application. ForexTime FXTM is a secure software for foreign exchange trading .
Interestingly, they designed this trading application for both professionals and beginners. So, it can reach various groups.
For example, flexible leverage allows you to increase your earning potential. However, this leverage is only offered by them based on your knowledge and experience
Now, you can operate with fixed and variable spreads . Then, when you have completed the trade , the company will process the withdrawal request in just a few minutes.
You should have no problem using the software . All you need to do is register an account. Then, you also need to upload verification documents and transfer funds before trading.
This software can trade with millisecond execution. In another feature, you can also get comments from the company’s market research team every day.
Apart from that, you can also take advantage of a range of free trading tools to make more informed decisions.
This application is available for various types of devices such as Windows, Mac, iOS, or Android.
The MetaTrader app is one of the most popular trading apps for retail investors.
Not only for forex trading , this application can also be used for trading stocks, forex , and other financial instruments from mobile or desktop devices.
Apart from that, the app also provides general analysis of the financial markets using various real-time charts that include historical information. This is certainly useful for monitoring prices and offers.
A number of analytical instruments such as Gann, Fibonacci and Elliot tools as well as the latest financial news are also available.
#3 Agrodana Futures
One of the local Forex Trade applications that is suitable for you is Agrodana Futures News. This application was developed by the broker Agrodana Futures.
The advantages that you can get are services based on technical and fundamental analysis that are easy for you to access.
There are several menus that they present, including the economic calendar, economic data, live price quotes, and educational materials. You can access various news from CNBC, Bloomberg, and Reuters.
You can also learn to trade until you can be with Agrodana Futures and Finansialku in the Trader’s Lab class. By taking this class, you can get basic trading material and coaching from the experts for 3 months.
When you want to make profitable forex trading , then of course you need to understand the current state of the market. This Netdania trading application aims to do just that by providing you with trading ideas and strategies .
Netdania even collects data from more than 20,000 financial instruments as well as thousands of real time stocks . This app will tell you when you should enter or exit the market.
Besides being easy for you to use, the Netdania trading application also provides the latest market news and updates in the economic calendar. In fact, you can also share strategies with fellow traders .
This trading app provides real team e stock indices which include Dow Jones, Nasdaq 100, TSX, Nikkei 225, ASX200, Hong Kong Hang Seng, Nifty 50, MICEX, EuroSTOXX50, FTSE100, DAX 30, CAC40, IBEX35, MIB40 and SMI20 along with statistics from industries such as oil, gold, silver, and platinum.
This software uses cloud technology. That way, you can easily share and sync data across multiple devices.
You can also sign up to receive notifications about major economic events to ensure you never miss a potentially profitable trade .
#5 Interceptor Trading
This Trading Interceptor application is perfect for those of you who are looking for sophisticated forex trading and analysis tools .
With this app, you can quickly find and track the best currencies and stocks. In fact, the app offers 14 advanced chart types, 160 intelligence indicators, and drawing tools.
Previously, this application was only available on the desktop. However, it is now available for mobile devices as well.
This app includes trading management functionality with touch screen support as well as split screen and quad – layer modes so you can keep tabs on multiple markets at the same time.
Similar to the Netdania app, this app also uses the cloud so you can access analysis tools, trade data, and price alerts from any device.
The Trading Interceptor also has a variety of built-in trading tools . Some of these include an economic calendar, data release alerts, trading stimulators , intelligence reports, and risk scanners.
This app is also authorized and regulated by the FCA in the UK and ASIC in Australia. So, there’s no need to doubt his trust anymore, okay? To be able to use this trading application , you can download it for free on Android and iOS.
#6 TD Ameritrade
TD Ameritrade is one of the largest and more established trading platforms in America. In addition, this trading application also offers various other investment instruments. So not only forex trading , yes.
However, what is special about the TD Ameritrade app is its focus on trying to educate forex traders to help reduce their chances of losing money.
This is done through its think tank which provides introductory material from the internet. So, if you are a beginner forex trader then you can feel better prepared and easier to manage trades and risks.
#7 Hanson Forex Investing
The first recommendation is Hanson Forex Investing. This application has developed in 2018 and has quite complete features.
Because the Horex broker is able to combine trading platforms as well as news information in the application.
Not only that, there are several other facilities that can be used, such as open positions, to Stop Loss and Take Profit.
#8 MIFX Mobile
The second recommendation is MIFX Mobile. This application was developed by the Monex Broker, which is widely known by traders because it has been established since 2000.
There are several advantages of this application, namely that you can make transactions directly without having to download an additional MT4 platform.
In addition, there are several other convenient features such as the One Click Withdrawal menu for easy withdrawal of profits, as well as Price Alerts that you can set to monitor your favorite pairs.
#9 Trade Optimizer
The fourth recommendation is the Trade Optimizer. This paid application is quite popular among traders.
In addition to its convenience, you will also get various premium features including 14 calculators that help to analyze risk, determine positions, and post- trading analysis .
#10 MetaTrader 4
The last one is Meta Trader 4. This application was developed by MetaQuotes Software Corp. This one is quite popular.
There are several choices of instruments that you can use, including technical analysis indicators, news feeds, to online charts.
Not only that, you can get quotes and trading times in real time. So you have ample opportunity to do analysis.
In addition to knowing the best trading applications , you can also increase literacy about trading through the Learning Trading Ebook for Beginners (Trading) which you can access for free by clicking the banner below.
Choosing the Best Broker and Trading Application
After knowing the various best trading applications , you can choose the best trading application that you will use. Each broker certainly has its own strengths and weaknesses.