Jakarta, CNBC Indonesia – For people who are just starting to invest in forex and commodities, choosing a broker or broker is a very important issue and must be observed. This matter done with the aim that society can avoid potential losses in the future.

President Director of PT Finex Bisnis Solusi Futures Agung Wisnuaji said that in choosing a broker, traders need to look holistically. The first is regarding the security offered by the broker.

“It is better to choose a broker that is regulated and officially licensed to avoid future losses. Then the broker must have y servicesang is profitable for traders,” said Agung in CNBC Indonesia Market Outlook 2024, Thursday (16/2/2024).

Next, the broker has services that are profitable for traders. So traders can continue to make a profit amidst conditions that are still fluctuating.

It is known that in March 2023 Finex launched a micro lot feature which allows traders to start trading with a minimal lot size, so that the risk loss also becomes smaller. This feature is suitable for beginner traders who are just learning trading forex and commodities because they can minimize risk loss in the market.

Apart from that, supported by the micro lot feature, Finex customers can make deposits with a minimum value, starting from US$10 or around Rp. 150,000. This is the lowest minimum deposit value set by futures brokers in Indonesia.

Furthermore, Agung appealed to traders who are currently doing so trading forex to monitor the policies of each country’s government or central bank. This includes looking at the economic calendar, such as the schedule of important announcements from each country.

“So that traders can anticipate movements that may suddenly change,” he explained.

Besides that, traders also need to have capital management strict and disciplined in implementing it. Traders also measure their risk tolerance and the targets they want to achieve.

“And what is important, of course, is that if conditions are unstable, perhaps the (trading) volume can be reduced,” he stressed.

For information, this official futures broker recorded transaction volume growth of 93% during January-November 2023 compared to the January-December period last year. Finex managed to record a total transaction volume of more than 176,000 lots in the first 11 months of this year or far exceeding the company’s transaction volume throughout 2022 which was only around 91,000 lots.

[Gambas:Video CNBC]

(dpu/dpu)