Forex trading is foreign exchange trading that is carried out in cyberspace. This trade uses a difference system when trading. The seller will make a profit when there is a difference between two different currencies.
Currently, forex trading is still in great demand by the public. This is because the activities can be done anytime and anywhere. Only by relying on cellphones, transactions can run smoothly.
Even so, playing forex trading is not as easy as turning your palm. It takes strategy and careful calculations in order to make a profit. It needs to be learned first by watching demos and doing exercises.
Currently, there are various applications that can be used as a place to trade forex. Of the various applications, we only chose 10 applications that you can try. This selection is based on the number and authenticity of positive reviews, the origin of the users, and the value or rating on the Google Play Store.
10 Best Forex Trading App
FBS Trader
This application made by FBS provides more than 150 financial instruments, including forex. To start trading, you can get a bonus of $ 100 plus an introduction to enter the world of trading. Once you know, you can make a deposit at any time via local and global payment methods.
Not only that, FBS Trader also provides cashback. This cashback applies in four levels with a cashback percentage of up to 20% for each order. If you bell level up, please go up and get cashback the next day after closing the order.
Apart from cashback, this application also provides trading indicators which are usually available outside of trading applications. This FBS application is also easy to use thanks to an intuitive and effective interface design. If there are still things that are confusing, you can ask through FBS Trader Support via chat in the application.
This application has received positive reviews from users on the Google Play Store. The value is also good, namely 4.7. For those of you who want to download this application, please click the link below.
Mitrade – Trade Global Markets
This application has the advantage of being awarded the Best Mobile Trading Platform 2020 and the Most Innovative Broker 2020 by FxDailyInfo. This award is inseparable from the services provided such as easy access to financial markets, real-time market price information, news, financial data, as well as exclusive market analysis to make chart analysis and investment decisions. All of these services can be enjoyed free of charge and without registration.
Not only that, Mitrade also provides low spreads with a commission fee of $ 0 so that traders can benefit more. The order process is fast and reliable. In addition to this added value, this application also guarantees security when trading because it is regulated by an authorized institution. Mitrade also provides tools for risk management such as stop loss/trailing stop loss.
This application has also received positive reviews from domestic users on the Google Play Store. The value is still relatively good, namely 4.4. If you want to download this application, please click the link below.
FBS Trading and Stocks
Another application belonging to the FBS broker or trading intermediary is also suitable for use by traders. This is because FBS provides various features that are useful for experienced traders and easy to use for novice traders.
Especially for beginners, FBS will receive material from professional market analysts. These materials include how to trade online, how to invest in stocks, how to use indicators (moving averages) and price analysis tools, and how to set prices. Not only that, multilingual support is also available through the chat feature.
Apart from facilities for beginners, FBS also provides a bonus of doubling the deposit which can increase traders’ profits. To support trading activities, this application always provides news regarding changes in market conditions that can affect forex trading.
This application has received positive reviews from domestic users on the Google Play Store. Therefore, the score is still good, namely 4.0. For those of you who want to download this application, please click the link below.
OctaFX
OctaFX provides various useful facilities for both experienced and novice traders.
These facilities include the advantages of local bank fixed exchange rates, deposits via local banks, low spreads on actual market prices, trading bonuses, ready-to-use profit calculators, contests with cash and product prizes, and trades without swaps or other trading fees.
For those of you who are still beginners, OctaFX also provides facilities in the form of unlimited demo accounts and no real investment, so you don’t need to spend capital money. Apart from these facilities, there are also the Meta Trader 4 (MT4) and Meta Trader 5 (MT 5) platforms which allow you to trade simultaneously on a demo account and a real account so you can immediately feel the benefits.
This broker app also offers direct access to more than 30 currency pairs with low spreads. With these advantages, you can trade more freely. In order to add convenience, this application is also designed in an attractive and practical way.
OctaFX also received positive reviews from domestic users on Google Play Store. Therefore, the value is also quite good, namely 4.5. For those of you who want to download this application, please click the link below.
IQ Option
This broker application provides the opportunity to trade more than 500 assets, including currencies. You can trade with a clean and intuitive application interface design so that it can meet your needs when selling.
You can also enjoy various facilities at this broker, one of which is a free demo account that can be topped up and can be accessed anywhere. There are also other facilities such as support for 19 languages through several communication methods, education in the form of audiovisual and text, as well as warnings about the latest market movements.
Through this broker, you can start trading with a minimum capital of $ 10. Payment can also be made through a method that you know and trust. After paying the capital, you can trade smoothly and without delays. This is in line with IQ Option’s commitment to provide convenience for its users.
Regarding reviews, IQ Option has received several positive reviews from domestic users on Google Play Store. The rating is still good, namely 4.1. For those of you who want to download this application, please click the link below.
MetaTrader 4 Trading Forex
This application is different from the previous application. The reason is, MetaTrader 4 is a forex trading platform that can connect to hundreds of brokers and thousands of servers. So, this application acts as a container for trading.
As a trading platform, the facilities provided are amazing. There are various features such as real-time quotes from the forex market, complete set of trading orders, as well as detailed online trading history. All of these features display important information that can help your selling activities.
Not only that, there are also various facilities for those of you who do advanced trading. These facilities include voice notifications, customizable forex chart color schemes, free financial news, connections with hundreds of brokers, interaction forums with MQL5.community traders, support for push notifications from the MetaTrader 4 desktop platform and MQL5.community services, as well as trading levels. which visualizes pending order prices, Stop Loss (SL) and Take Profit (TP) values on a chart.
Even though the facilities are adequate, you have to be careful when trading. This is because the trading activity here may be real, thus triggering a high risk of losing money quickly. Therefore, you have to consider important things such as how various financial products work and the courage to take the risk of losing money.
This platform application has received positive reviews from domestic users on the Google Play Store. The value is no less good than other applications, namely 4.7.
ForexDana
This application allows you to sell forex for 24 hours. There are several currency pairs that can be traded. Trading activities here are also supported by a comfortable interface design and an easy registration process.
For those of you who are still beginners, it would be nice to practice on the available demo account. Through a demo account, you can hone your trading strategy, discover various assets and use other services at Forex Fund without draining your personal funds. Amazingly, this demo account can also be free for life.
Not only a demo account, Forex Fund also provides other facilities such as profits when prices fall, real time online news, and a professional service team. Several facilities have also been improved so that you will be more comfortable when using this application.
Forex Fund received positive reviews from domestic users on Google Play Store. In fact, the rating was higher than the previous application, which was 4.8.
BtcDana
This application can be said to be “one family” with Forex Funds. Btc Funds can be used to trade forex in addition to 29 other assets. Btc Dana has professional tools for analysis. This is an attempt by this application to become the largest and most trusted trading platform in the international trading community.
For those of you who are beginners, this application provides a free demo account. The difference with other applications, Btc Dana provides 14,000 demo coins that can be used for trading practice and strategy testing. According to some reviews, this application is also easy to use for beginners.
Apart from the demo account, there are also other facilities such as global price reports, customizable trading features, stable real-time charts, real-time online news, and professional customer service. All of these facilities are also supported by a clear and user-friendly application interface design.
Just like Forex Funds, Btc Dana also received positive reviews from domestic users on the Google Play Store. The rating is no less good, namely 4.7.
Trendo
This Forex trading application has differences compared to other applications. Trendo provides a $10 bonus for trading and investing in the forex market. Not only that, trading on Trendo will not incur any fees.
For starters, try to create a demo account first. Each new account will be credited with $10,000 of virtual funds. With these virtual funds, you can trade without risk.
To support trading activities, Trendo also provides other facilities, such as features to view the results of technical analysis, market research, and valuable ProCharts. You can also monitor developments in the forex market through the news available in this application. For withdrawing and depositing money, Trendo uses cards from Visa, Master, and others without commission fees. If there are things you don’t understand, the experts at Trendo are ready to help you any time.
Like the previous application, Trendo also received positive reviews from domestic users on the Google Play Store. In fact, the value even touched 4.9.
Forex Trade
This forex broker trading application provides forex trading all over the world, including in Indonesia. There are two types of accounts that you can choose from, namely standard accounts and ECN accounts.
For a standard account, you can get a deposit from $10, spreads from 1 Pip, leverage up to 1:1,000, order volume 0.01, no commission fees, and no swap or interest fees
For ECN (Electronic Communication Network) accounts, you can get deposits starting from $1,000, spreads starting from 0 Pip, order volume 0.01, leverage up to 1:1,000, affordable commissions, and no swap or interest fees.
This broker application also received positive reviews from domestic users on the Google Play Store. The value is also quite good, namely 4.5.