How to start investing using BPITrade

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BPI Trade is the online stock trading platform of BPI Securities Corporation. You can buy and sell stocks listed in the Philippine Stock Exchange (PSE) via this online portal. It is only available for people with existing BPI or BPI Family Bank accounts.

Before buying stocks, you will need to fund your BPI Trade account first.

There are four (4) ways to fund your BPI Trade Bank Account.
Through the Branch: Go to any BPI Branch and make an Over-the-Counter deposit straight to your BPI Direct bank account.

Through Expressphone or the ATM : You can transfer funds into your BPI Direct bank account from your BPI or BPI Family Savings Bank Savings or Checking account through these facilities. Enroll your BPI Direct bank account by calling 89-100 or visiting your branch.

Through BPI Express Online: Enroll your BPI Direct bank account in BPI Express Online and transfer funds from your other BPI or BPI Family Savings Bank. Click on “My Portfolio” and enroll your BPI Direct bank account as an Additional Savings Account. If you are not yet a BPI Express Online client, please go to the website (www.bpiexpressonline.com) and enroll now.

Through Mobile Banking : You can transfer funds into your BPI Trade bank account from your BPI Account or BPI Family Savings Bank Account through this facility. Enroll your BPI Trade bank account by visiting your branch.

The trading hours is as follows:

9:00-9:29 AM Market Pre-Open Orders are accepted but no matching of orders can occur during this phase. (No cancellation from 9:16 – 9:30 AM)
9:30 AM Opening Opening prices are calculated.
9:30-11:59 AM Continuous Trading All orders are automatically queued and matched as soon as they enter the order book and a counterpart can be found.
12:00-1:29 PM Market Recess No orders can be posted. No orders can be modified and cancelled.
1:30 PM Continuous Trading All orders are automatically queued and matched as soon as they enter the order book and a counterpart can be found.
3:17 PM Market Pre-Close Orders are accepted but no matching occurs.
3:20 PM Closing Closing prices are calculated. No cancellation of orders.
3:20 PM Run-off or Trading At Last Closing prices are calculated. No cancellation of orders.
3:30 PM Market Close

Buying/Selling Stocks

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Buying into a stock position requires that you click the “Trading Menu then New Order”, this will bring up an order form.

A stock information table will be shown on the right side of the screen once you have entered a stock symbol. Choose either BUY or SELL on the “Trans” side. Info of your current stock and cash position is displayed below the preview order.

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Volume is dictated by the board lots imposed by the PSE as shown below. You can also click the “board lot” located at the right side of the screen. After completing the necessary inputs, click the “preview order” and confirm it by your password.

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To view your orders, click the “View Orders” link on the upper menu. This will bring you to a page where all your orders are displayed according to category.

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BPI Trade will debit your authorized balance (displayed on the portfolio page) immediately but the actual account won’t be debited until 3 banking days (you can only see this if you enrolled the account on BPI Express Online). It is suggested that you do not do any withdrawals higher than the remaining authorized amount. BPI will then treat the trade as a margin (i.e. BPI Trade will consider the face value of the stock bought as borrowed) thus increasing the actual value of the bought stock after BPI imposes interest on the borrowed money.

An order may be cancelled as long as it hasn’t been matched. It is important to know that the request to cancel an order cannot be guaranteed, as your order may have already been fulfilled or partially fulfilled by the time the cancel request reaches the market. If your order has been partially fulfilled, you may cancel only the unfulfilled portion. To cancel an order, select the order you wish to cancel.

To sell a stock, you do the same procedure. Your proceeds will be credited to your BPI Trade account.

Once your order has been matched, you can view it by clicking the “Main Menu then Portfolio Menu”

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