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Advantages And Disadvantages Of Trading

 Forex trading at this time can indeed be said to be a fairly promising income broker. How not, forex trading does not require a fairly large capital. Not only that, it is not very complex in its use. As data, it is often found that the cast of forex trading are those who have been in the stock trading industry for a long time. Then, what exactly is the interpretation of forex trading? And what is the method of forex trading itself? Next, Qoala wants to share his description in a complete way.

 

 

 

Interpretation of What Is Forex Trading

 

 

 

At this time, it could be that many people want to say that they can express a lot when playing forex trading. However, it is not certain to be accompanied by a deep interpretation of the interpretation of forex trading itself, whether it is in the field of character, excellence, or risk. In the next description, it should be reviewed under the interpretation of forex trading that everyone should know. Then, what is forex trading?

 

 

 

Forex trading or what is also said as forex trading is trading currencies from various different countries with the aim of making a profit. In this regard, forex itself is an abreviation of the Foreign Exchange or can be pronounced foreign exchange alteration. An illustration of forex trading includes buying the Euro, an important European currency, while simultaneously selling USD, which can be abbreviated as EUR or USD. In the shadow of ordinary people, the interpretation of forex trading is more about the activity of exchanging money at a Money Changer, is buying and selling foreign currencies by means of an instruction manual that is tried through a money changer. Meanwhile, forex trading is actually different from the user book business like in Money Changer.

 

 

 

Another designation that you need to know is trader. What does a trader mean? Trader or forex trader is a term for many people who carry out forex trading who do business currency from various countries.

 

 

 

 

It needs to be known, the purpose of a person to buy and sell money at a Money Changer is because of the desire to exchange money for doing business in different countries, as a result there is an alteration of money in a physical way. On the contrary, forex trading is tried online with the aim of making a profit alone. It also needs to be understood, forex trading is an activity in the field of business, capitalization, moreover, it can also be mistaken for a job.

 

 

 

In global ratios, foreign exchange or forex trading is often tried by various parties, ranging from rulers, essential banks, multinational companies, to special individuals who have a large number of heritage or big players. The business of buying and selling currency that is intertwined between various parties is not intertwined in a market with a body building, but in an invisible network that is said, "forex market".

 

 

 

 

Along with technological advancements, forex trading has been able to reach a larger scope. Through the internet, forex trading today can be tried by anyone, anytime, and anywhere. At this time, everyone can trade forex. You can also trade forex online easily and with a capital of as little as 10 dollars.

 

 

 

The origins of Forex Trading

 

 

 

In its history, forex trading in the late 90s, only large crowds, large financial institutions such as essential banks, private or ruling banks, and large profitable companies such as Apple or Toyota took up this line of business. They carry out forex trading generally for business needs, giving loans, hedging , or capitalization. The capital required is also quite large, and it is not random that people can do forex business.

 

 

 

After the growth of the internet on all parts of the world in the late 90s, the forex market conclusion can be accompanied by almost everyone, from the self-employed to domestic mothers, elderly people or young children. The agents also began to organize forex so that it could be traded in a retail manner by each individual. So at this time, ranging from money changers, banks, to motorcycle taxi drivers who are stuck can also fall in the Forex market.

 

 

 

 

1. The End of the Era of Exchange of Goods and the Start of Change Changing Money

 

 

 

In the origin of people's civilization, it is necessary to know that the alteration of objects accompanied by people begins with a system of exchanging goods. For example, a person wants a goat, after that he meets another person who sells 2 baskets of apples, then they agree to exchange their merchandise, until the business can be established. However, along with the duration, the exchange of goods is thought to be not bad enough to fulfill the wishes every day. The important problem of the exchange system is what if it cannot create people whose desires and provisions for goods to be exchanged?

 

 

 

 

To overcome the shortcomings of exchanging goods, to make payment equipment or alteration equipment in various forms. In this time span, people wear kijing, beads, very rare rocks, and metal as intermediaries. However, it needs to be known that each area can practice its own "eye of money" based on what they think is very valuable, recognized by residents, and has a portable habit, which is easy to carry around.

 

 

 

Because each area of the earth uses a different "eye of money", to the  trade people who carry out business accompanying the area or shipping of island routes and land routes, so often want a reference to the alteration of the eyes of money that can be obtained by public means. In many positions, agreements were made that the use of grand metals such as Perak or Kencana as intermediaries.

 

 

 

The kingdoms that stood in that era began to taste "duit" each by ensuring the special metal content in them. In turn, alterations are based on that content. This was the beginning of the alteration of the eye of money in the ancient era.

 

 

 

 

Since if the alteration of this eye is tried? For the Byzantine memo, near the  4th century BC) proved that the royal party had a monopoly on the alteration. After that, the Papyrus memo also proved that it had been done with the alteration of the eye in ancient Egypt. Other regions ranging from Australia, Indonesia, China, India, to Europe have their own records. So, this is not something that has arisen suddenly in the modern era.

 

 

 

2. The origins of Modern Forex Trading

 

 

 

The change of money has been going on since ancient times, but the origin of modern forex trading as it exists today was actually pioneered after Earth War II. As data, there were many economic emergencies and emergencies at the end of Earth War II, as a result of which the rulers of the Comrade countries felt that they needed a system that would be able to integrate the economy the next day. After that the "Bretton Woods System" was formed to create that wishful thinking.

 

 

 

In the Bretton Woods System, which was born in the town of Bretton Woods, a state of New Hampshire, American Syndicate in 1944, for the first time there was a valid provision for arranging monetary ties to the country. The American Syndicate, which at that time held 2-thirds of the earth's supply, insisted that the system be piled on the date as well as the US Dollar. In conclusion, this system requires all participating countries to associate their currency figures with the currency and the US Dollar. However, it didn't last long.

 

 

 

 

On August 15, 1971, the United Syndicate unilaterally severed its currency ties with the court, resulting in an automatic way dismissing the Bretton Woods system. The Dollar figure is also no longer received from the supply of dates, but only from the contract of the U.S. rulers. This action certainly makes the US Dollar a currency of supply for many countries on Earth. At the same time, the number of changes in the currency is no longer set in a basic way, but by following a simple economic system of demand. The current stage in the origin of forex trading was born, which is the time span of the floating exchange rate system.

 

 

 

After that, the business of buying and selling key currency is tried by banks, on the contrary, other parties such as rulers and companies, need to meet banks as intermediaries. Companies in need can meet the bank over the phone, then the bank writes at what price something is bought or sold. From let's create an interbank market as an over-the-counter network where money currencies are exchanged and the number of money currency changes in an energetic way.

 

 

 

3. Online Forex Trading Period

 

 

 

The outline economic progress between the 80s  and  90s led the earth to the latest advances in the origin of forex trading where people can learn about the earth, which was once dominated by big banks and industries of global value. Business through banking intermediaries is no longer mandatory to start with telephone contacts, but rather not bad with instructions via the internet. Moreover, a trading program was also born that allows anyone to view the "price" (number change the currency of money) and trade the currency in a real-time way.

 

 

 

Technological advances are a crucial point in the origin of forex trading, as it urges the loading force of trading in the forex market to soar far until it becomes the most financial market on earth with liquidity every day reaching USD5. 3 trillion in 2013. In this era, you can recognize which currencies are widely traded and try to make a profit from the strengthening or weakening of the currency change.

 

 

 

 

So how can you as a "lot of people" profit from this alteration? Nowadays there are many "forex agents" who serve currency trading for citizens in small ratios. Unlike the interbank market which has standard trading dimensions, (100, 000 US Dollars per part), this kind of forex agent shares the means of citizens to trade forex, especially with a capital of as little as a dozen or incense dollars only. Even more advanced in today's mobile era, forex trading can be tried via laptop, pill, android, or iPhone. As long as there is an electrical connection and the internet, you can "go down to the forex market" and profit from it, if you know how to play forex trading.

 

 

 

Forex Trading Activity Methods

 

 

 

Forex trading in principle is the simultaneous purchase of one currency as well as the marketing of another currency. The companion of the money eye was afterwards traded in unison. The illustration, EUR or USD= 1. 23700.

 

 

 

The eye of the money located on the left, (in  this case Euro) is the lower eye of the money, and the eye of the money in the other part is pronounced the eye of the cupped money. The above note proves that 1 part of the lower money currency is worth 1.23700 cups.

 

 

 

In this way, you must pay off 1.23700 USD if you want to buy 1 Euro. On the contrary, if you want to sell 1 euro that you have, until you want to get 1.23700 USD.

 

 

 

 

Forex trading is a foreign currency business that continues to be widely selected as a method for carrying out capitalization. This forex trading relates a special currency companion suitable that is selected and can be traded according to a special situation to achieve maximum results.

 

 

 

Forex Trading Laws For Islam

 

 

 

For those of you who want to practice starting forex trading, in fact, there are problems that arise from halalness. In fact, is forex trading taboo? Then, is forex trading a form of gambling?

 

 

 

For Islam itself, it is seen that currency trading or forex trading is intertwined because there is a desire from the outline market to fulfill the wishes of various countries.

 

 

 

This is compatible with a Masail Fiqhiyah novel written by a jurist named Professor. Drs. Masjfuk Zuhdi reported that trading forex or foreign exchange is allowed under Islamic law.

 

 

 

Forex trading is considered halal because the products traded are real in shape and value, are foreign currencies. Forex trading is also different from usury and the original business is buying and selling because forex markets currency instead of lending money by wanting more change.

 

 

 

MUI also legalizes SPOT-type forex trading where in SPOT the purchase and marketing of financial instruments, goods, and other relics is tried with cash and direct payments. This market is often called the cash market because direct trading is replaced by relics.

 

 

 

Advantages of Forex Trading

 

 

 

It needs to be known that each field of business or capitalization certainly has certain advantages and risks, depending on what type of capitalization you want to try. Forex trading is a fairly widespread capitalization in recent years. Because this capitalization can make investors a lot of raya or let alone collapse. And in fact, it needs to be known that forex trading is capitalization whose character is high retrun high risk. Next this will

 

 

 

Presented the advantages of forex trading capitalization.

 

 

 

1. Forex Trading Business Leads Flexibly

 

 

 

In fact, forex trading can be tried anywhere because of its very flexible character. Business in forex trading can be tried through applications held by forex agents online.

 

 

 

With the availability of internet access almost everywhere, of course, it also wants to make it easier for traders to carry out business. For the rest, you just need to prepare for the next situation, such as:

 

 

 

Hard features like your pc, laptop, pill, or let alone your smartphone.

 

 

 

Downloading as well as installing applications held by trading agents

 

 

 

Availability of an adequate internet network

 

 

 

Not only flexible questions of place, forex trading is also flexible in matters of duration. The forex market can be accessed 24 hours a day. Not only that, the market is closed only on Saturdays and Sundays.

 

 

 

In another sense, you can get used to the agenda for your own trading. You can trade in the morning, if that duration is when you can concentrate more. Or you can also trade at night, if in the morning you have an important job.

 

 

 

2. Profit from Different Exchange Rate Numbers

 

 

 

The name of funding, of course, requires profits. Well, "income" or income of forex traders for those of you who plan to carry out forex trading is a profit in the form of different from the exchange rate when you buy and the rate that is currently intertwined. The trick is that you buy dollars when the numbers are small and trade them back at a bigger price or buy at a large price and trade them back at an even bigger price.

 

 

 

Usually, there are 3 possible formations of dollar movements, namely up or uptrend, always or sideways and down or downtrend. If it goes up, until a big profit is about to be obtained. But if it goes down, until the number of dollars is about to shrink as well.

 

 

 

When before making a dollar capitalization, you should first recognize the purpose of this capitalization. Also reassure that before starting forex trading, you have also provided a serious budget that can be used for something that is intertwined instantly and in a sudden way.

 

 

 

3. Liquid Forex Trading

 

 

 

As data if not all stocks are actually liquid. That is, there are not a few stock investors who find it difficult to carry out buying and selling of shares in a lightning way.

 

 

 

This incident is a fact of illiquid stocks, generally in fried stocks and stocks that are not listed in the LQ45 indicator. Stocks that face interruptions, let alone make investors' money blocked, do not know until when the interruption is about to open.

 

 

 

When trading forex, you don't need to be afraid because the forex market has a huge liquidity. The great business value ensures that there are almost always people who buy and sell every second.

 

 

 

Traders can also make a profit in a lightning way suitable for selected forex trading strategies without fear if their money is blocked or afraid if they cannot generate money from the impact of a silent market.

 

 

 

Because of the large liquidity, the forex market does not understand the so-called "stock boss" or the form of big money that can be carrying out the rotten sense of stocks with little liquidity. These  forms of "bosses" must have a framework and a purpose in carrying out buying and selling behaviors that can affect the anger of retail investors.

 

 

 

4. Forex Trading Profit Results Can Be Experienced Directly

 

 

 

Another profit that can be obtained by traders is that they can withdraw profits from price escalation that starts from the difference between the purchase price and the selling price between buys. Meanwhile, when carrying out marketing, the next day's profit will be obtained from the difference between the selling price and the purchase or closing price.

 

 

 

5. No Additional Pay

 

 

 

It should be noted that business payments in the forex market online are actually not available, only that some of the fees are very varied. The illustration is a budget revocation fee that starts from a forex account.

 

 

 

6. Forex Trading Has a Margin System

 

 

 

The last advantage is that there is trading using a limit system, which in this case can make the buying energy of the investor greater than the capital they have.

 

 

 

If this is the case, of course, the profit obtained is 2 directions when the market rises or the price falls. Of course, it can't be legal for other types of capitalization such as shares.

 

 

 

Losing Forex Trading

 

 

 

After mastering the advantages of Forex Trading, you also need to master the risks. Of course, you must also be prepared to welcome all the consequences. In doing so, the provisions obtained have passed through a mature view. Furthermore, it is to be explained the loss or risks that are involved in forex trading itself.

 

 

 

1. There is a Stirring of the Hand of the Ruler of the Origin of the Currency

 

 

 

It needs to be known that each capitalization certainly has disadvantages listed also with foreign exchange. One of them is the presence of a hand-wringing of the original ruler whose currency is again traded on the forex market.

 

 

 

There is also a stirring that is interpreted as interference from the essential banks of the country by the method of increasing the number of interest, freeing up loan letters from the rulers to buy foreign exchange in a grand way.

 

 

 

2. The Rise and Fall of Forex is Very Fast

 

 

 

Another effect is the presence of the presence due to the ups and downs of the foreign exchange rate. The kind that is well known if the rupiah currency can be very weak as a result, it can be risky to buy dollars because it will definitely cost a lot of money.

 

 

 

Waiting for Indonesia's currency to strengthen can also take a long time, as a result, it can make forex trading in Indonesia at risk of loss.

 

 

 

That way, after recognizing the advantages and disadvantages of forex trading capitalization, until you must be wise to sort out the type of capitalization that matches the expertise of all budget desires, good for short-time or long-time capitalization.

 

 

 

Forex Trading Risk Management

 

 

 

Risk management is a very meaningful matter in forex trading. It is well known that forex trading has a large number of risks. But when you can manage that risk, this online business  field is very profitable compared to other online business fields.

 

 

 

Unfortunately, very few traders know what risk management means, most notably for newcomer traders. Generally, after the account and deposit, these newcomer traders lead impatiently and immediately press the BUY or SELL button without carrying out the analysis first, especially carrying out risk management. Furthermore, there are some risk management that need to be understood for newcomer traders, including:

 

 

 

1. Take advantage of "Cold Money" when Trading Forex

 

 

 

If you are a newcomer trader until the stipulation must use cold money. Because the use of cold money is because you don't want to always be able to withdraw money or dissolve money that you are using for trading. Therefore, if you urge a trade for an inappropriate duration, you are injured. Simply put, if you sell an object when the price drops again, while you buy it when the price goes up, of course you want to get injured. As a result, it is highly recommended to use cold money.

 

 

 

As data, cold money is money that is not used for sudden or pressing needs. This means not the money needed for daily wishes, insurance, emergency budgets, children's learning budgets, installment budgets and others. It is also not recommended that you use loan money for trading because the money is also not cold money. So all the money used for trading is intended for trading, not for other needs.

 

 

 

2. Set a Stop Loss So You Don't Lose Money

 

 

 

Stop loss instructions or stop losses are instructions placed to close an open business with the aim of blocking the risk of loss. The illustration is, you open a forex business BUY 1 lot of AUD or USD at the price of 0. 81400.

 

 

 

To block the risks in your trading, of course, you need a strategy where you want to put a stop loss at the price of 0. 81000. That is, if the price after that drops to 0. 81000, until your transaction is about to close at 0. 81000 with a loss of $400.

 

 

 

In forex trading, you have to make sure to block the risk. The key is to minimize the possible stop loss, "poke" by the price movement. This is the method of placing the stop loss itself.

 

 

 

Place your stop loss at a few pips above the key resistance( if your position is  short) or at the base of the key support (if your position is a buy).

 

 

 

In a technical way, there is a procedure that directs putting near 100- 200 pips. There are many procedures for ensuring resistance and key support, you

 

 

 

It just takes learning it.

 

 

 

3. For a Good Trading Plan

 

 

 

For a forex trader, a Trading Plan is very much needed to get trading results whose character does not change. One aspect of success in forex trading is being compliant. Through a Trading Plan that is made in the right and fair way, a trader can certainly learn to comply with the rules that have been inaugurated in his planning.

 

 

 

Not only that, a trader is already responsible to himself by the method of creating a Trading Plan. If the trading results are not as expected or the direction of market price movement goes against the forecast, the trader can quickly quote the best level on the trading account without hesitation and confusion.

 

 

 

4. Take Profits to Reap Profits

 

 

 

Traders need to recognize the method of ensuring Take Profit correctly, so that the next day they will not just explore anger. Furthermore, there are some procedures that need to be learned in ensuring how to close a position in order to achieve maximum profit, including:

 

 

 

Ensuring take profit on trending market situation

 

 

 

Ensuring take profit in a sideways market situation

 

 

 

Using risk or reward ratio

 

 

 

Forex Trading Practice Guide for Beginners

 

 

 

The purpose of forex trading itself is nothing but speculating the direction of price change, as a result of which you can profit from different selling and buying numbers. However, practicing forex trading is not as easy as it is reflected. This matter is tested by the majority of people who currently practice forex. They were about to lightning once in the face of destruction. Therefore, what is the method of starting forex trading for newcomers? There are some forex trading practice guides that can be understood in a short duration.

 

 

 

1. Understand the Usual Designations Used for Forex Trading

 

 

 

Before carrying out any capitalization, you need to master the various designations used in the way of trading. Some of the usual designations that need to be known are:

 

 

 

Pip is the alternation of numbers between 2 money points, referring to the 4 decimals behind the comma in the change number. When EUR or USD is located at the price of 1. 1205 and thereafter went to 1. 1206, ratio 0. 0001 is 1 pip.

 

 

 

Base currency is the number of the lower currency or the initial currency in the companion of the currency currency. His writing on the left side of the feature, e.g. Eur or( his opponent).

 

 

 

Pair currency is the number of changes in the match of currency in forex, for example Euro or USD.

 

 

 

Lots are the number of parts of the currency that are bought or sold, divided into small, micro, and nano dimensions.

 

 

 

Buy is a position to buy. Generally, buys are tried when the price is expected to rise.

 

 

 

Sell is a try when the price is expected to fall. You sell at a high price, then after that buy it back when the price is economical. The difference is about to be your benefit.

 

 

 

Leverage is a loan that is handed over by an agent to help traders as a result of being able to trade at a large load capacity.

 

 

 

Spread: the difference in the buying and selling price, generally for agents.

 

 

 

2. Understand the Methods of Forex Trading Activities

 

 

 

The currency traded is in the form of a companion (pair), the illustration is EUR or USD. As an illustration EUR or USD= 1. 1215.

 

 

 

The eye of the money on the left (Euro) is the lower eye of the money, on the other hand, the eye of the money in the other part is pronounced the eye of the money snippet. The above note proves 1 euro= 1. 1215 USD.

 

 

 

Furthermore, this is an illustration of its execution in trading. Known, the position of the purchase price as well as the selling price of Eur or USD are:

 

 

 

Buy: 1. 1215

 

 

 

Sell: 1. 1212

 

 

 

The 'buy' price proves the price to buy 1 Euro is 1. 1215 USD, while the 'Sell' price proves the price to sell 1 Euro is 1. 1212 USD.

 

 

 

When trading, your benchmark is the base currency or the initial position of the pair to the opposite currency. So when buying Eur or USD, we want the Euro base currency to increase in value, as well as its opposite. If your prediction USD is to strengthen to the Euro, until the position that should be obtained is a sell.

 

 

 

3. Selection of the Right Forex Trading Agent

 

 

 

Forex trading is established between 2 parties, namely you as traders and agents, without the essential money market daulat. The position of the agent means a lot. The agent is a scalper between the market actor and the global forex market. Agents also provide facilities so that many people can do business online.

 

 

 

Make sure that agents have real excuses and regulations. Create a local Forex agent in Indonesia, its existence is regulated by Bappebti. As for the Global Forex agency, its existence is regulated by a part of the country. A very popular illustration is the UK FCA from the UK.

 

 

 

4. Use Leverage When Trading with Small Capital

 

 

 

With the presence of leverage or leverage energy, so that you can carry out a large amount of business with little capital. Leverage is a loan from a forex agent that is handed over to the trader.

 

 

 

Not only leverage, there is also a term limit is the collateral money that is withheld while by the agent when you carry out the trade. To be able to carry out this business, of course, the budget you have must exceed the collateral budget. There are also various types of leverage are:

 

 

 

1: 1= The guarantee is similar to the contract number or 100%

 

 

 

1: 50= Collateral of 2% of the contract figure

 

 

 

1: 100= Collateral of 1% of the contract figure

 

 

 

1: 200= The guarantee is 0.5% of the contract figure

 

 

 

1: 400= The guarantee is 0. 25% of his contract figure

 

 

 

1: 500= The guarantee is 0. 20% of his contract figure

 

 

 

5. Understand Forex Trading Securities Management

 

 

 

In order to survive for a long time on the Forex trading platform, you also need to practice risk management. At the beginning, the use of cold money or money that had been prepared to make 'disappeared'. Next, don't have time to use money for wishes every day. Because Forex trading is quite risky as a result you must be prepared when facing a loss. Not only that, you also have to decide on a Stop Loss. Because your position will be automatically closed if the loss has reached the special amount set earlier. In contrast to Stop Loss, there is a Take Profit.

 

 

 

With Take Profit, if the position has been profitable until the program wants to automatically close the position. Without Take Profit, you can be instigated not to realize profits even though the goal has been successful because of more profit ambitions. And you can secure profits that have been successful so that they are not 'consumed' by the risk of loss or loss from price depreciation that can be established.

 

 

 

6. Was- was Forex Masked Human Machine Trading

 

 

 

For forex traders, one method of making a profit in the business of buying and selling foreign exchange (forex) is by automatically using a human machine ( human forex trading machine). This autopilot forex trading shares automation, such as looking for trading opportunities, open  buy opportunities, to open sell opportunities. That way, traders only need to command the machine man as a result of no longer needing to observe and analyze the forex market always in his own way in carrying out the buying and selling business.

 

 

 

However, you need to be aware of this type of fraudulent capitalization mode behind all the waivers offered. The reason is that the presence of unlicensed web website areas leads to risks. Especially in 2021, the Department of Trade through the Commodity Futures Trading Supervisory Agency (Bappebti) together with the Department of Communication and Informatics (Kominfo) have blocked 249 web website areas in the aspect of commodity futures trading, (PBK) that did not receive excuses.

 

 

 

Online Forex Trading Apps

 

 

 

As it is known, not only can you start with small capital, forex trading also has a large liquidity as a result of which investors can make purchases when they are also listed through the application. Moreover, currently there are many programs, applications, or the best forex trading services that can make it easier for you.

 

 

 

So, what is the forex trading method for newcomers with the application? Then, more or less, what are the applications that are suitable for forex trading and safe security? Next is the summary.

 

 

 

1. Agrodana Future News

 

 

 

Your initial application can use a trusted forex trading application called Agrodana Future News for trading activities. This application is also located at the bottom of PT Agrodana Futures' protection. Through Agrodana Future News, you can monitor trading information every day.

 

 

 

On the other hand, this forex trading application also presents a simple form so that it is easily accessible to traders. At this time there have been 5. More than 000 people who use Agrodana Future News on the Play Store.

 

 

 

2. Meta Trader 4

 

 

 

Not only Agrodana Future News, you can use Meta Trader 4. This application was raised by MetaQuotes Application Corp, this one application is quite famous in the class of traders. How not, not only do you carry out trading, this forex application also makes it easy for you to connect with hundreds of forex agents.

 

 

 

Citing the official website, Meta Trader 4 makes it easier for traders to carry out technical analysis with a flexible trading system. Not only that, this application also helps you to get price prices in a real-time way.

 

 

 

3. HSB Trader

 

 

 

This one application is also very suitable for newcomers to playing forex trading. HSB Trader makes it easy for consumers to monitor market movements from duration to duration.

 

 

 

A very meaningful matter is that HSB has great integrity and full validity of the Commodity Futures Trading Supervisory Agency (Bappebti) of the Ministry of Trade of the Republic of Indonesia. That way, you don't need to be afraid when using this application.

 

 

 

4. MIFX Mobile

 

 

 

Another application that you need to try for forex trading activities is MIFX Mobile. This application offers a variety of advantages. One of them is its user-friendly form as a result of helping traders make profits easily.

 

 

 

Not only that, MIFX Mobile also makes it easier for consumers to achieve and pay trading budgets. A very meaningful matter is that this application has been listed on Bappebti at the base of the protection of PT Monex Investindo Futures.

 

 

 

So, you don't need to be afraid of fraudulent capitalization. If you are enamored with it, you can download this application on the Play Store and associate with 50. Another 000-plus people.

 

 

 

5. Trade Optimizer

 

 

 

If you're hooked on a paid app, you can try out Trade Optimizer. With this paid application, you can get a variety of elegant features, such as the 14 calculator feature that tomorrow will help you in analyzing risks to post-trading.

 

 

 

6. NetDania Stock& Forex Trader

 

 

 

This application is estimated to be suitable for new entrants. Because, NetDania wants to help you monitor the movement of your eyes in a real-time way. Moreover, this application is quite famous in the forex trader class. Not only that, this application also presents factual news about forex as a result of being accompanied by traders.

 

 

 

7. MotionTrade

 

 

 

MotionTrade is an online stock trading application owned by PT MNC Deposito Securities and is one of the best deposit securities industries that has a good name in Indonesia. In this application, there is also a TradingView Chart feature that can be accessed to view charts and styles from various issuers. The method of using the TradingView Chart feature is that you only need to type the stock signals of your favorite issuer, after that you want to be able to view the chart and the style of the stock signals in a direct way.

 

 

 

You must have understood the loss and the risks felt when playing forex trading. Of course, there is a significant thing that needs to be underlined is, is there any insurance that can be collateral when playing forex trading? Because, forex trading has a fairly large loss. Unfortunately, until now, it is not often found that insurance is moving in this aspect. However, you don't need to be afraid. You can control your finances by buying and using other best insurance products, so that when playing forex trading, you can set aside cold money to carry out forex trading.

 

 

 

Not only that, you also need to think about the amount of bonus each month that you must spend when you are active in forex trading. Because of the kind of known, forex trading has the possibility that a trader wants to face a loss. Surely when the loss is about, in fact, there needs to be a serious budget for other wishes, a kind of budget for treatment and others like that. As a result, how good it would be if you also participated and in insurance that matched your wishes.

 

 

 

To recognize what insurance questions match your desires and finances, you can see it on the Qoala App or read other data on insurance and financial matters on the Qoala Web.