Online trading gave birth to an increase in retail investors for the Philippine Stock Market. According to the Philippine Stock Exchange (PSE), the fascinating growth in stock market accounts was due to online trading platforms.
It’s as easy as logging in, clicking, and understanding the market shown on your screen wherever you may be.
Online Platforms Make Trading More Accessible for Investors
The stock market continues to grow because of the accessibility that online trading provides. Moreover, it has been easier to understand trading, stocks per se, and other stock market terminologies with the presence of technology and the existence of the Internet.
It is now easier for investors to see the movement of the Philippine stock market since updates are live and real-time. Online trading has opened up an opportunity for Overseas Filipino Workers (OFWs) to invest in the Philippine stock market. This process has provided a better use of their income, which can increase in a few years.
The Philippine Online Traders
Since the PSE has intensified their stock market literacy program, especially for the ones who are interested, the number of investors also increased. Even those with lower income have invested in the stock market.
In fact, those earning P500,000 or less per annum build 60.3 percent of the online Philippine stock market investors. The 23.7 percent of online investors and traders have an annual income of P500,000 to P1 million. Thus, the rest of the population which comprises 16 percent are the ones who earned P1 million and above annually.
These people find it feasible to invest in the stock market. For as low as P5,000, anyone can buy stocks.
The PSE is looking forward to educating more people about stock market investments, and teach them how they can make it work to their advantage. More people are starting to introduce their friends, colleagues, and family members to the world of trading.
Any form of investment always comes with risks, and success depends on an individual’s perseverance. Research is vital, and learning some tips on how to predict stock market trends is essential before deciding to invest. Assets in stocks should be well-monitored.
You should also be aware that the movement of the economy plays a significant part in the flow of the stock market. To further help you learn more about how to invest, trade, and read stock market movements in the Philippine Stock Market, Equilyst Analytics, Inc. is here as your stock market investing consultancy provider.