Top Trader Dupoin: Trading In Local Brokers, Safe Not To Lose To Outer Brokers

Photo: Special

JAKARTA - Says who is the local broker losing to an outside broker? Eitss, wait a minute. This Top Trader story provides another point of view about the quality of local brokers that are safe and not inferior to foreign brokers for your trading activities. Curious about the story?

I Gede Eka Oktaviana and I Putu Adi Wijaya are among the experienced Top Traders in Dupoin, who share their stories and experiences about trading at Broker Dupoin, a local broker managed by BAPPEBTI.

Okta, who has a long experience with various brokers, both local and external. He shared his unpleasant experience when he used several foreign brokers.

"Several times I was tricked, there were transactions that I never made but were recorded on the account," he said.

From this experience, Okta learned to be more selective in choosing brokers. According to him, trading in Dupoin provides a sense of security because this broker is regulated by BAPPEBTI, an institution that ensures that the broker meets regulatory standards in Indonesia. In addition, Okta also mentioned that the spread in Dupoin is quite thin for professional size, making it easier to achieve profits.

Meanwhile, I Putu Adi Wijaya, a trader who has been active since 2013, also shared his experiences. After trying various methods and brokers, he found that using local brokers that were regulated to provide a better sense of security than foreign brokers.

"When trading using large funds, we don't want any anxiety. With brokers that have been regulated by BAPPEBTI, we can be calmer," he said.

He also added that trading is not gambling if it is done with careful planning. "Trading is a trade. If we are just guessing without taking into account the right risks and methods, then it can be considered gambling. But if we understand when to buy or sell, and know the risks and targets, that's what is called actual trading," explained I Putu Adi Wijaya.

According to I Putu Adi Wijaya and Okta's experience, there are several characteristics of a safe broker. First, make sure the broker is regulated and registered with BAPPEBTI. This guarantees that the broker operates according to regulations in Indonesia.

Second, check the offer from the broker. If the offer sounds too good to come true, like no spread or commission is very low, then this should be suspected.

Okta also suggested trying trading with small funds first as a trial.

"See if there is a problem in the transaction, whether there are frequent slippages or delays at open positions. If everything goes smoothly, it means the broker can be trusted," he said.

For novice traders, both Okta and I Putu Adi Wijaya gave some advice. Okta emphasized the importance of a correct mindset in trading.

"Start with the demo account to try out the strategies and methods that have been studied. If you are sure, then use a real account," he said.

Meanwhile, I Putu Adi Wijaya added that correct expectations are very important.

"Trading is not just a follow-up. Make sure that the method used does generate and use funds that are ready to be risked," he suggested.

He also recommends joining a trading community that can provide additional support and insight.

Broker Dupoin is the choice of many traders for several reasons. First, this broker has been regulated by BAPPEBTI, thus providing security guarantees for traders.

Second, the spread offered is quite competitive, making it ideal for professional and beginner traders. Third, customer service and transparent transaction systems ensure that traders don't have to worry about technical or regulatory issues.

From Okta and I Putu Adi Wijaya's story, it can be seen that trading in local brokers such as Dupoin can provide a sense of security and comfort that is not inferior, compared to foreign brokers.

Trading done with trusted brokers, using the right methods, and understanding existing risks can help traders achieve success in the financial market.