How to invest in Phil Stock Market or Philippines Stock Market?
People says that trading and investing in Phil stock market is very risky. You may loss all of your money here if you bought a stock of a company with poor performance. Otherwise, you will gain and it can be double your money if you invest in a good stock of company.
If you're planning to become a trader or investor and want to know on how to invest in Phil stock market then you must need to know the basic requirement in order to participate in the Phil stock market. For me there are 3 steps that you can followed to get started and participate on how to invest in Phil stock market.
Here are there:
1. Before to go in Phil Stock Market find first or look for a stock broker company. Then open an account. If you're planning to trade and invest through online, find a stock broker who has online services.
There is a lot of stock broker company listed and accredited by Phil Stock Exchange or Philippines Stock Exchange (PSE) it's up to you to choose from base on speed, convenience and fee's or commission. But if you where asking me, I recommend Philstocks, BPI trade, and Citiseconline. Just go and visit their website to know how to open an account. Click here to read the comparison of these three stock broker company.
2. Fund your stock brokerage account. Once you have an account already and activated, funding of your stock brokerage account is very easy through banking. Just follow the instruction of stock broker you choice on how to deposit your money to your brokerage account.
You can fund easily your account if you have saving or ATM account registered or enrolled online and because some stock broker company already tie-up to the local banks like BPI so you can do transaction by your own in internet for funding your brokerage account.
3. Buying stock using your brokerage account. You can now participate on the Phil stock market. Buy stock at low prices and then sell at high price.
For additional information before get into Phil Stock Market and do trading/investing. Try to learn more and know how's the stock works in Philippines. You can watch the video below for your more information and understanding. And I hope it can help a lot to you.
People says that trading and investing in Phil stock market is very risky. You may loss all of your money here if you bought a stock of a company with poor performance. Otherwise, you will gain and it can be double your money if you invest in a good stock of company.
If you're planning to become a trader or investor and want to know on how to invest in Phil stock market then you must need to know the basic requirement in order to participate in the Phil stock market. For me there are 3 steps that you can followed to get started and participate on how to invest in Phil stock market.
Here are there:
1. Before to go in Phil Stock Market find first or look for a stock broker company. Then open an account. If you're planning to trade and invest through online, find a stock broker who has online services.
There is a lot of stock broker company listed and accredited by Phil Stock Exchange or Philippines Stock Exchange (PSE) it's up to you to choose from base on speed, convenience and fee's or commission. But if you where asking me, I recommend Philstocks, BPI trade, and Citiseconline. Just go and visit their website to know how to open an account. Click here to read the comparison of these three stock broker company.
2. Fund your stock brokerage account. Once you have an account already and activated, funding of your stock brokerage account is very easy through banking. Just follow the instruction of stock broker you choice on how to deposit your money to your brokerage account.
You can fund easily your account if you have saving or ATM account registered or enrolled online and because some stock broker company already tie-up to the local banks like BPI so you can do transaction by your own in internet for funding your brokerage account.
3. Buying stock using your brokerage account. You can now participate on the Phil stock market. Buy stock at low prices and then sell at high price.
For additional information before get into Phil Stock Market and do trading/investing. Try to learn more and know how's the stock works in Philippines. You can watch the video below for your more information and understanding. And I hope it can help a lot to you.
By the way, the Phil Stock Exchange (PSE) and online stock broker CitisecOnline.com have released a basic guide on how to invest in Phil stock market. You can get the copy of this guide free to download on my recommended e-books to read webpage. Try to read this guide if your interested to invest in Phil Stock Market. Good luck!
It is highly appreciated if you leave your opinion or comment regarding about the topic. Happy earnings!!
It is highly appreciated if you leave your opinion or comment regarding about the topic. Happy earnings!!
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