Stock trading BPI trade

Stock trading BPI trade

Last Monday, I was able to experience buying stocks through BPI trade. BPI trade is an online platform where you can buy and sell Philippine stocks. Many financial experts said that one good investment is stocks peso cost averaging. It is a system where you will buy and accumulate stocks and sell it for retirement in the future. After witnessing the overwhelming stocks trading, I conclude that it is not a like a game. It involves strategy and learning.

So, I was able to get my first shares for JFC, BDO, and BPI. It is really easy to buy and sell stocks. What is difficult is learning when to buy and sell. If you have no experience with stock trading it is better to apply the peso cost averaging strategy. The risk is low and there is a big chance that you can sell your stocks at a high price in the future. Of course, there is no 100% guarantee that it will work considering that we do not know the future.

HOW TO OPEN AN ACCOUNT WITH BPI TRADE?



1. You must have an existing bank account with BPI Direct before applying for BPI online.

2. Go to their website (bpitrade) and download the required forms.

2. Bring atleast two (2) valid IDs with you and submit the forms to your favorite BPI branch.

3. Tell them that you are applying for BPI trade and they will assist you.

Once you were able to submit all documents, you may contact BPI for the status of your account. For BPI Trade Online application status inquiries, email [email protected]

I emailed BPI regarding my application and I was informed that one document is missing. Should I wish to continue I should send them an original signature card or go to the bank and ask the bank to send it to the main branch. I chose to send the required document through LBC and I was able to get account approval within a week from their receipt.

Note: All money deposited to your account will be credited to you the next banking day.

Stock trading BPI trade