6 Best Forex Trading Apps for Beginner

Recently, forex has become one of the investment tools that is very popular among many people. Additionally, there are currently many forex trading applications that can be used to facilitate these activities.

Forex or foreign exchange is an activity of buying and selling foreign currencies from different countries. The benefits of investing in this one instrument are very enticing.

In addition to the ability to start with small capital, Forex also has high liquidity, which allows investors to make purchases anytime, anywhere, including through applications.

Well, about what, yes, applications that are suitable for use for Forex and guarantee security? Take it easy, Glints has it summed up for you here.

best forex trading apps for beginner

1. MetaTrader 4

The first application that you can use for forex trading activities is MetaTrader 4

Developed by MetaQuotes Software Corp, this application is very popular among traders.

How not, besides trading, this forex application also makes it easy for you to connect with hundreds of forex brokers.

With the launch of the official website, MetaTrader 4 makes it easier for traders to perform technical analysis along with a flexible trading system.

Not only that, this application even helps you get price quotes in real time.

2. Agrodana future news

Besides Meta Trader 4, you can also use an application called Agrodana Future News for forex trading activities.

This application is also under the auspices of PT Agrodana Futures. Via Agrodana Future News you can monitor trading data every day.

On the other hand, this Forex application also offers a simple display, making it easily accessible for traders.

There are currently more than 5,000 people who have downloaded Agrodana Future News on the Play Store.

Are you interested in using it? Download the application immediately, yes!

3. HSB dealer

This one application is also very suitable for beginners to play forex trading. HSB Trader makes it easy for users to monitor market movements from time to time.

The most important thing reported from its official website is that HSB has full legality from Commodity Futures Trading Supervisory Agency (CoFTRA) of Ministry of Commerce of Republic of Indonesia.

This way you don’t have to worry about using this application.

4. Trade Optimizer

If you are interested in using a paid application, you can try Trade Optimizer.

For a fee, you can get a variety of luxurious features such as: B. the 14 Calculator feature which will later help you analyze post trade risks.

5. NetDania Stock and Forex Dealer

This application is considered suitable for beginners. This is because NetDania helps you monitor currency movements in real-time.

In fact, as reported by Investopedia, this application is very popular among Forex traders.

Not only that, this application also presents breaking news about Forex for traders to follow.

Just choose one of those forex apps to start trading with. Investments are preferably made at an early stage so that the financial assets can be well preserved.

6. eToro

The advantage of eToro is that it is an international regulatory multi-asset broker – stocks, forex, cryptocurrencies, commodities, indices, ETFs – on a platform that offers access to cross-border investments in global markets, easy account opening ( KTP capital only), minimum deposit from IDR 2 million and offers financial services (CFD, Copy Trade) features with leverage.

In terms of diversification, investors should build a portfolio that consists of many financial instruments and across national borders.

Isn’t it difficult to build a multi-asset and cross-border portfolio? Especially for retail investors who have limited funds and access.

It used to be yes, but now it isn’t anymore, with the advancement of fintech – financial technology – and online trading that allows anyone to access investments from anywhere and just a laptop is enough.

Founded in 2006, eToro aims to provide a financial instrument trading platform for all levels. Starting from beginner to expert.

eToro users reach 6 million in 150 countries around the world. Because it operates internationally, eToro’s legality comes from different countries.