Trading is becoming a much talked about topic. This is because now people are starting to realize the importance of investing. Trading is one that is fast enough to make a profit.
Actually, what is trading? Trading is the activity of buying and selling goods and services. However, if trading is in the investment world, it is related to trading investment objects. The object of this investment can be in the form of shares, currency, or other types as determined in accordance with the provisions.
If you are still quite new to the trading, then there are a few things you should pay attention to. First, if you are using apps for trading forex, make sure that the application you are using has already obtained permission. This is because an application that has obtained a permit means that it has been recognized by the authorized institution and has high security.
Next you also have to do a check based on the testimonials of its users. If indeed the apps for forex trading have good ratings and feedback, then you need to try them. Also make sure the application that you are going to download has good customer service and a fast response so when there are problems you face, it is easier for you to get help as soon as possible.
Also get to know the company profile because the best apps for trading stocks can also be seen from what company made it so that you will be more confident to give your assets in the application. Finally, you also need to find out the privacy policy of the application. When creating an account in the app, please read all the contracts contained there. Make sure that all your data will be safe and not be traded later.
After knowing some of the conditions before downloading the trading application, now is the time for you to know some of the following recommendations for top apps for forex trading. Choose an application that really suits your needs, ok?
1. Stockbit is The First Recommended Application You Should Try
Who doesn't know Stockbit? This application is the best apps for forex trading. For beginners, you can try this application because this application is very good and is recommended by many other traders. Stockbit has a practical appearance and there is a stock trading discussion forum there. In addition, there is also a prediction tool when setting prices.
You will also get a virtual trading feature where there is a virtual money demo that you can use as a place to practice before starting the real trade. In this way, you will understand how to use your savings virtually and it will be easier for you to understand the flow and how to trade safely.
Transaction fees on Stockbit are also quite cheap, which is only 0.10% for purchases and only 0.20% for sales. However, this application is only available in a paid or premium version.
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2. TD Ameritrade is An App that is Not Very Famous but Has Good Performance
Indeed, not many people use this application for trading. This application is also one of the apps for trading forex that you can try. This application is the best application from America which is very suitable for beginners. This application is not only used for forex trading, but there is also a wide selection of instruments that are provided.
There is also complete information in this application so you can read guides and tips so you don't experience losses or lose a lot of money later. Unfortunately, this application has a fairly high application fee and a lack of payment options for transactions.
3. Furthermore, You Can Also Use the Trade Optimizer
Trade Optimizer is one of the best iphone apps for forex trading and apps for forex trading android that you should try. There are a number of features that make this app great: a trading calculator, position sizing, and post-trade analysis tools. This application can also inform trading about real conditions and also provide recommendations for creating and increasing profits.
4. You Also Need to Try Trade Inceptor
This apps for trading forex are capable of displaying foreign exchange analysis and works similarly to the Metatrader application in that it allows traders to view trades in real time. The advantage of this application is it can see the history of past market movements. This past trend can certainly help traders to determine strategies and determine the right trading decisions.
Some of the features this application has are 160 intelligent indicators and analytical drawing tools 1. Then there are also advanced chart types and tools to find the best currency units. There is also a split-screen mode that allows traders to monitor multiple markets at once. There is a quote feature, access to news covering the US, European and Asian markets, as well as a trading simulator that is useful for novice traders as a tool for trading.
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5. Finally, There's DJ FX Trader
This application is also based on Android and IOS and is a free application from Dow Jones and Company so that it becomes a trusted trading application. This app focuses on real time market news and discussions. You can get strategies or ideas for trading based on an analysis of current market conditions and gain a good understanding of trading forex, currencies and other commodities.
Now you know how to choose the best trading application and also several choices of apps for trading forex that you can choose according to your needs. Make sure that you have read the terms and conditions of these applications before registering your account there. Finally… good luck for trying your luck in the forex trading!