6 Best Stock Trading Applications on Android Phones

Stock Trading App – therantnation.com. One form of investment that is currently on the rise is stocks. Trading is indeed very simple for millennials to use. Because only at home, we can trade easily and quickly.

To invest in stocks, a trusted and reliable stock trading application is needed. In this discussion, some of these applications will be explained in detail and thoroughly. Be sure to look in detail in order to maximize the results obtained later.

In addition to requiring a stock trading application, this investment also requires sufficient knowledge, especially the ability to read the market. Therefore, when you already have this application, you are also required to continue to learn to understand the movement of stock market prices.

6 Best Stock Trading Apps for Android Phones

Indeed, many applications are trending right now, but therantnation.com recommends 6 mandatory stock trading applications for beginners to use.

With some of the following stock applications, it is also possible to learn so that we can make our stocks better and get maximum cash. If someone asks about stock trading, what application do you use? Then the answer is as follows.

1. Most Independent

The first application you can try is Most Mandiri. Mansek or Mandiri Sekuritas is one of the largest stock brokers in Indonesia. In addition, Mansek is also a subsidiary of Bank Mandiri.

most (Mandiri Online Stock Trading) is the official stock trading app from Mansek. In addition, Mandiri Sekuritas is also owned by SOEs, which are among the most powerful owners of capital.

This is very important considering that when talking about investment, it is necessary for an institution that has strong enough capital to guarantee money when it is invested so that it is managed properly.

Some of the advantages of the Most Mandiri application include the following.

User interface which is very convenient to use, even for beginners though.
Trusted because it belongs to the government.
The registration process is easy, which is enough to do online by including an e-KTP, selfie photo, and NPWP.
Has complete capital market investment products such as conventional stocks, mutual funds, IPO issuances, Islamic stocks, and bonds.
The mutual fund collection is very complete.
There is a comprehensive face-to-face training facility divided into 3 levels according to the ability of the customer.

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2. Indopremier IPOT

The next application is Indopremier IPOT. IPOT is quite well known among many people because it is a pioneer in online stock transactions and also supports its customers through training seminars held regarding long-term investment.

Some of the provisions for buying and selling shares in Indopremier IPOT are as follows.

There is no minimum deposit when opening an account.
Deposit is only needed when you want to make a transaction.
Share selling fee is 0.29% per transaction.
Share buying fee is 0.19% per transaction.

Then what are the advantages of IPOT compared to other stock trading applications? The advantages are.

Account registration can be done online without having to face to face or come to the branch office.
There is customer service always ready during working hours via Telegram to help customers solve problems.
Offers a wide range of features for investment and trading easy to use even for beginners.
Stocks have been integrated with mutual funds.
It has the Robo Trading feature, which is a system that automatically executes stock buying and selling order instructions so that customers won’t miss a moment.

3. BNI Sekuritas

BNI has made a significant breakthrough by launching the BIONS application. With a fresh look and easy to use for trading via mobile. BIONS provides a trial account.

That way, customers can try it first without spending money. This trial is quite important to understand how BNI Sekuritas stock trading works, especially for beginners.

Some of the advantages of the BNI Sekuritas application include:

Allows investors to carry out various kinds of transactions such as trading stocks, mutual funds, and bonds.
There is a finger print login feature to make it easier for users to log in to the application easily and guaranteed security.
There is an automatic order feature to make it easier for investors to buy and sell shares according to the plan. That way, customers don’t have to monitor stock market movements every day for 24 hours.
Has a Watch List Notes facility that can make it easier for users to keep records of issuers who are on the beach.
BIONS users can access market news in real time through the News, Research, and Chart features every day.

4. Stockbit

Quite different from other trading applications, Stockbit initially emerged as a stock investment trading forum community. The presence of the Stockbit application is like giving a new color to the world of stock investment.

With a more attractive appearance and function as well as user interface pleasing to the eye. Stockbit has collaborated with Simas (Sinarmas Sekuritas) to conduct transactions online real time.

The advantages of the Stockbit application include:

User interface nice, simple and easy to use even for beginners though.
Has many complete features.
Affordable buying and selling fees.
There is life support if users have questions or problems that they want to solve.

However, on the other hand there are also some drawbacks of this application. For example, this application is not equipped with an order feature. In addition, to use Stockbit Pro must be paid. Finally, users cannot see balance mutations.

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5. CIMB

CIMB is renowned for its excellent and comprehensive research capabilities. In addition, the service is free for those who have a stock account there. From several stock applications, it can be said that CIMB is indeed being worked on quite seriously in this field.

Apart from being able to be accessed via mobile phones, CIMB services can also be accessed via the internet without having to be downloaded.

There are several advantages of the CIMB application compared to other trading applications, among others.

The account opening process is very fast, it can be one day.
Registration can be done online.
Can be used on all platforms, from mobile, desktop, to web browsers.
There are several choices of customer accounts, namely BCA, CIMB Niaga, and Mandiri.
There is a smart order feature.

On the other hand, the CIMB application still has some drawbacks, such as:

Cross border transaction facility that no longer exists.
There is no sharia account yet.

6. MNC Securities

The last application you can try is MNC Sekuritas. This application can be one of the right choices for anyone who wants to invest in stocks. You just need to open an account online.

Then, what are the advantages of this application?

Has a fast trading service via MNC trade.
You can make transactions stable, fast, and safe.
Equipped with advanced features to monitor stock movements.
There is a super order feature to maximize profits.
Provide complete and detailed research information.
Can be accessed via smartphone.
There are no trading limits and margin trading.
Experienced for decades.
Has obtained a business license from the Financial Services Authority.

Read: Financial Records Application

The Key to Success in Playing Trading

After finding the right application, it does not mean that you can immediately trade correctly. There are several things that need to be done to be successful in stock trading.

First it takes knowledge or the ability to read the market. Not only that, you are also required to have good financial management skills. With two capitals, you can become a better trader.

Thus an explanation of some of the best stock trading applications for now. At its core, the app is just a tool. The essence or key to successful trading is within you. Therefore, never stop to learn the science of trading and the latest news.

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