This Indonesia based social network established for investors was founded by Johny Susanto and Wellson Lo in the year 2012. While no human or machine can give a 100% correct deal, Stockbit Indonesia allows its users to make profits by making minimal investments, thus reducing the stake. It serves the primary purpose of guiding the millennial investors of the nation and allowing them to make investments as small as that of USD 1. With it’s headquartered regions being Asia-Pacific (APAC), Association of Southeast Asian Nations (ASEAN) and Southeast Asia, the network seeks to make the accessible capital market in the country. It has recently introduced a robot advisor app called Bibit with a mission of helping people build a personalized portfolio to invest. The app now desegregates social networking, information clustering, and stock trading.
Stockbit Indonesia lately announced that it has been able to secure series A funding, the venture funding round being led by East investors and further joined by new investors such as Convergence Ventures, FreakOut and Angel investors as well as existing investors such as 500 Startups, Ideosource, and Braavos Ventures. The funding so obtained is aimed to hasten the process of annexing the stock trading arena and advance the opportunity to approach the capital market, to the new and less aware retail investors.
Stockbit Indonesia- Scam Or Legit, An Honest Review
Being a modern auto trading software, the network is subject to a lot of suspicions, but the venture’s website leaves no stone unturned to assure its users of its authenticity. The access to the system is free of charge as portrayed by its official website. Online scammers are one thing the users need to be aware of. Stockbit also happens to have an account on popular social networks such as Facebook and LinkedIn. The testimonials attached to the company’s website is another alibi for the venture. The automated system of the website acts as a catalyst in the process of a suitable investment while giving an accuracy level of around 70%. The system, thus, is profitable for the retail investors provided Stockbit Indonesia makes full use of the financial information available and stay acquainted with the various risks associated.
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Image Source- Stockbit Indonesia Official Website.