6 Best Stock Trading Applications on Android Phones for 2023

By Admin One 09 Feb, 2023

EXPLORATIONINDONESIA.COM - One form of investment that is currently on the rise is stocks. Trading is indeed very simple to use by millennials. Because only at home, we can trade easily and quickly.

6 Best Stock Trading Applications on Android Phones

To invest in stocks, a trusted and reliable stock trading application is needed. In this discussion, we will explain some of these applications in detail and comprehensively. Make sure to look in detail so you can maximize the results you get later.

Apart from 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 learning to understand stock market price movements.

The 6 Best Stock Trading Applications for Android Phones

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

1. Most Mandiri

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 application from Mansek. Apart from that, Mandiri Sekuritas also belongs to BUMN which are among the owners of the most powerful capital.

This is very important considering that when talking about investment, it requires institutions that have strong enough capital to provide guarantees when money is invested so that it is managed properly.

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

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

2. Indopremier IPOT

The next application is Indopremier IPOT. IPOT is well known in many circles because it is a pioneer of online stock transactions and also supports its customers through training seminars held on long-term investments.

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.
The fee for selling shares is 0.29% for each transaction.
The share purchase fee is 0.19% per transaction.

Then what are the advantages of IPOT compared to other stock buying and selling applications? These advantages are.

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

3. BNI Securitas

BNI has made a significant breakthrough by launching the BIONS application. With a fresh and easy-to-use interface for mobile trading. 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 those who are new to it.

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 easily log in to the application and guaranteed security.
There is an automatic order feature to make it easier for investors to buy and sell shares according to plan. That way, customers don't have to always monitor stock market movements every day for 24 hours.
Has a Watch List Notes facility that can make it easier for users to keep notes on listed issuers.
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 appeared 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 a user interface that is pleasing to the eye. Stockbit has collaborated with Simas (Sinarmas Sekuritas) to make transactions in real time.

The advantages of the Stockbit application include:

The user interface is nice, simple, and easy to use even for beginners.
Has many complete features.
Affordable selling and buying fees.
There is life support if the user has questions or problems to be resolved.

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

5. CIMB

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

Besides being able to be accessed via a cell phone, CIMB services can also be accessed via the internet without having to download them.

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

The account opening process is very fast, it can take one anniversary.
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 facilities that no longer exist.
There is no sharia account yet.

6. MNC Securitas

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 only need to open an account online.

Then, what are the advantages of this application?

Has a fast trading service through MNC trade.
You can make transactions stably, quickly, and safely.
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 trading margins.
Experienced for decades.
Has obtained a business license from the Financial Services Authority.

After finding the right application, it does not mean that you can immediately trade properly. There are several things you need to do to be successful at trading stocks.

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

Related Searches:

6 Best Stock Trading Applications
Most Mandiri
Indopremier IPOT
BNI Securitas
Stockbit
CIMB
MNC Securitas