Here’s how to buy and sell stocks on Maya Stocks
MAYA STOCKS – This article will teach you the step-by-step process on how to buy and sell stocks on Maya’s investment product.
This investment product lets you trade stocks or shares of companies listed in the Philippine Stock Exchange with the help of a stockbroker who is licensed by the Securities and Exchange Commission.
In order to start using this investment product, you must have an upgraded Maya account and must also be 18 years old or more.
After having an account, how to buy and sell stocks on this investment product?
If you want to buy shares, you need to go to the company’s page and tap on “Buy”, input your buy order amount, review your order details and relevant charges, and confirm your buy order.
But if you want to sell your existing shares, you need to go to the company’s page and tap on “Sell”, input your sell order amount, review your order details and relevant charges, and confirm your order.
Keep in mind that all successful stock sale transactions should reflect accordingly in your stock portfolio balances.
You may also visit: Maya Stocks — What Is This and How To Open An Account?
What are Broker Fees?
Broker Fees are charged by your broker every time you trade stocks in your account with them. There, you will see a breakdown of those fees every time you input a trade order with your broker.
In addition, these fees are charged as a percentage that is based on your trade amount. The net amount is how much will be charged to you.
What are Platform Fees?
Platform fees are charged depending on which broker you maintain your account with. But keep in mind that the platform fees vary per broker.