Crypto trading is not an easy feast for every trader. Despite doing vigorous analysis, it sometimes becomes simply impossible to keep track of the cryptocurrency market trends all the time. So now here comes the need for copy trading. Look no further because this article on “5 Best copy trading platforms in Indonesia” explains every copy trading aspect.
Detailed Summary
Platform | Registered Year | Headquarters | Customer Support | Mobile Application |
---|---|---|---|---|
BingX | 2018 | Singapore | Great customer support service | Available for Android and iOS both. |
Bitget | 2018 | Singapore | Good customer support service | Available for Android and iOS both. |
Table of Contents
What is Copy Trading, and why do beginners prefer it?
Copy-trading simply means copying trades. Here the successful traders trade on behalf of all their followers for some amount of net profit. It is simply a winning situation for both successful traders and copy traders. Moreover, followers can choose from a comprehensive list of available traders and then follow them.
Furthermore, copy trading has nowadays become a popular choice for beginners because it enables them to copy trade of elite and professional traders. They copy the positions of the traders and then, in return, beginners have to pay them a percentage of their profit. Thus, this gives all the beginners a chance to learn trading aspects.
Cryptocurrency in Indonesia
The crypto market in the island nation Indonesia is quickly developing into one of the major markets in Southeast Asia. Indonesia allows cryptocurrencies to be traded as a commodity but bans them as a payment instrument. Indonesia’s Commodity Future Trading Regulatory Agency has given approvals for 229 crypto assets that can be traded in the country. However, the government requires that “cryptocurrencies have to comply with anti-money laundering, combating the financing of terrorism(CFT) requirements, and risk assessment. Moreover, the policies there also stipulate that crypto traders must keep transaction histories for at least a span of five years and should also have a server located inside the country.
BingX: 1st Best Copy Trading Platforms in Indonesia
BingX is one of the reliable trading environments with low fees and high transaction speed. As a result, it is now one of the best cryptocurrency exchanges present, with more than a million registered users. Moreover, the exchange provides various services such as derivative pairs for trading cryptocurrencies and instant spot exchanges to their users. The BingX trading platform was established in the year 2018, and it offers one of the secure and fastest networks to execute contract trading. Furthermore, it provides copy trading services to all its traders to copy and then implement the copy trading strategies to build up a good portfolio and then get high returns.

Key Takeaways | Features |
---|---|
Features | 1. BingX provides 100,000 VSD tokens to every other new account holder. These can be used to trade without even making any actual deposit. 2. There’s a copy trading option available by BingX for the traders. In addition to cryptos, the platform also offers exposure to traditional markets. 3. Further, the price movements of markets such as indices, forex, and commodities can be speculated. 4. BingX fulfils all the traders’ needs by providing them with a more advanced trading platform. 5. Furthermore, the platform provides various numbers of trading pairs as compared to other cryptocurrency exchanges. |
Fee Structure | Trading Fees: The platform charges a trading fee of 0.075% for opening and closing a position. Further, in order to calculate the trading fee, they need to multiply 0.075% by the trade volume. Deposit Fees: No deposit fee is charged by the platform. Withdrawal Fees: ETH and BTC withdrawal fee charged by the exchange is 0.007 ETH and 0.0005 BTC, respectively. However, the Fee for a stable coin withdrawal is as high as 28 USD per transaction. |
Customer Support | BingX platform provides very good customer support service as their 24*7 service representatives are always ready to help the traders out. However, if the trader still faces any problems, they can contact the support team by mailing them at [email protected]. Furthermore, if there’s a need for prompt assistance, then they can contact customer support service directly via the live chat option. |
Bitget: 2nd Best Copy Trading Platforms in Indonesia
Bitget is a Singapore-based exchange that offers derivative trading, spot trading, and also copy trading globally. The exchange has millions of registered users and has acquired licenses from the USA, Canada, Singapore, and Australia. Moreover, there are several proficient traders present on the exchange, which is further an excellent advantage for the new copy traders. As a result, copy traders can easily maximize their profits without actually even constantly monitoring and analyzing the data by themselves.

Key Takeaways | Features |
---|---|
Features | 1. Bitget helps traders be a part of a crypto community which can further support the traders to increase followers, consequently increasing their profits. 2. Bitget exchange provides its traders with copy trading in just a single click. 3. Traders can automatically conduct contract transactions to achieve profit, which further diminishes the need to open and close positions manually. 4. The exchange further provides you with Gunbot to completely automate your trades at Bitget. |
Fee Structure | Spot Rate: Maker and Taker charges: 0.10%. Further, your transaction fee will be reduced if you plan to choose a BGB payment. Withdrawal Fee: It varies differently for different cryptos for BTC, it is 0.0006, and the minimum withdrawal amount is 0.001 BTC. Future Trading: Maker charges = 0.02% and Taker Charges = 0.06%. |
Customer Support | If you are new to this exchange, then you will surely like the customer support service of Bitget. It provides you with excellent services that run 24*7 for its customers. Moreover, they have various tutorials and one on one customer support for critical clients available. Furthermore, the exchange supports all the language versions like CN/EN/KR/JP/VP/TC. |
Conclusion
Copy-trading will slowly and steadily take the crypto market to a new height. It gives a chance to those traders who have only dreamt of trading cryptos and further gaining profits from them. In this article, “5 Best copy trading platforms in Indonesia,” we tried our best to collect some of the best copy trading platforms available in Indonesia to make you more confident and sure about cryptos. Hope all the above knowledge that we shared through this article will help you find the perfect platform that will help fulfill all your needs.
Frequently Asked Questions
Why does a follower have to pay a commission to the professional trader?
The professional traders study the crypto market and then make the trades on behalf of the followers. Further, professional traders charge a commission/ profit per cent from the followers who copy their trades on completing all these trades.
Can copy trading be turned off?
The answer to this question is a big yes, the copy trading option can be turned off. Moreover, traders can stop sharing their trades at any time. Furthermore, as long as you meet all the trader requirements, you can still turn it back on. However, turning copy trading on and off, again and again, is not much recommended.ย
Is copy trading free?
For most of the platforms, copy trading is free, but it also depends on the copy trading platform you are using whether copy-trading is free or not. Therefore, for some crypto platforms, you need to give expert traders a small percentage of your total profit to share their copy trading strategies.ย
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