Are you looking for a way to invest in the stock market but don’t know where to start?
Don’t worry because GCASH has brought the stock market closer to investors – and everything is right on your fingertips, literally.
GCASH Makes Investments Easier via GStocks
GCASH has evolved so much from its beginnings as a digital “pera-padala” option into a platform where you can do a lot of financial activities, including investing in the stock market.
Through its partner, AB Capital Securities, Inc,. you get to buy and sell stocks from the comfort of your home, using the GCASH app.
How to Use GStocks by GCASH
Step 1. Register to GStocks
Sign up for GStocks using your GCASH account.
Be sure to use your legal identity, and double-check all information provided so you get approval. The approval process can vary, and is listed to be up to 7 banking days.
But you might get approved within 24 hours from application, depending on the documents you submitted and other factors.
Step 2. Top Up your Account
Once approved, you can begin trading by funding your GStocks account. Note that top-ups can take one business day to reflect on your account or might immediately reflect if you update your account before trading starts at 9AM on business days.
You don’t have to invest immediately. However, new users need to top up within 90 days or your account might be closed and you’ll have to apply again.
Step 3. Start Investing
Once the top up reflects on your account (check your “Portfolio Value”), you can begin trading.
Click on the “Buy/Sell” button to see the available options in the PSEi top 30. The prices you see on the screen are the prices per stock.
Click on the stock you’re interested to invest in – it will direct you to a page where you can choose how many units to buy and other information, including your bid.
Step 4. Review and Approve Order
If your choices are valid, you can see the “Preview Order.” Click on it to see how much you’ll need to pay. Be sure that the total amount is within your available balance (remember that it takes time to top up the GStocks wallet).
Review the order and click “Place Order” if everything is alright.
AB Capital Securities, Inc,. will send you an email with your order invoice. You can confirm it for the top up to be reflected to your account, but the order will also push through after the set deadline even if you don’t confirm it.
Step 5. Sit Back and Relax
At this point, you don’t have to do anything unless you want to buy more stocks or sell the ones you got.
Unsure of what to choose? You can research the market or take their advice:
WARNING: Investing in stocks doesn’t guarantee that you’ll grow your money! You can also lose money here – so, always follow the golden rule on investments: invest only what you can afford to lose.
Other GCASH Products
- GCredit
- GGives
- GLoan
- GInvest
- Government payments (SSS PESO Fund)
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