Here’s how to deposit and withdraw your funds on Maya Stocks
MAYA STOCKS FUNDS – This article will teach you on how to deposit and withdraw your funds in Maya’s investment product.
A Maya Stocks is Maya’s new investment product that lets you trade stocks or shares of companies listed in PSE (Philippine Stock Exchange) in the Maya app with the help of a stockbroker licensed by SEC (Securities and Exchange Commission).
Keep in mind that companies that are listed in PSE are available to invest in the Maya Stocks Marketplace. But how can you deposit and withdraw your funds?
Here’s how to deposit your funds:
You can deposit your funds to your broker wallet by logging in to the broker’s mini-app, tap on cash in or deposit funds, and input your deposit amount. After that, you need to review the transaction and confirm it once done.
When it comes to the minimum amount that you need to start investing in Maya’s investment product, the minimum amount may depend on its board lot and its latest price per share. It is computed by multiplying the board lot and the latest price.
The board lot, according to Maya, represents fixed increments of shares that you can buy for a particular stock.
You may also visit: Maya Stocks — How To Buy and Sell Stocks?
Here’s how to withdraw your funds:
You can withdraw your funds from your broker wallet by logging in to the broker’s mini-app, tap on cash out or withdraw funds, and input your withdrawal amount. The next step is to review the transaction and then confirm it once done.
When it comes to the limit to the amount you can invest, trading in Maya’s investment product using your preferred broker’s platform shouldn’t have any limits. Keep in mind that any movement of funds from the broker cash account to your Maya Wallet (and vice versa) will be subject to your existing wallet limits.
