Sunday, August 23, 2009

Investing Online And BPI Trade

INVEST ONLINE WITH JUST ONE CLICK, says the BPI Trade flier that Marginal Stock Trader took on his way out of the BPI Securities Corporation office last week when he went there on official business at BPI Head Office, Ayala Avenue corner Paseo de Roxas, Makati City, Philippines.

BPI Tade Flier
BPI Trade LogoMarginal Stock Trader decided to share in this post the contents of the said BPI Trade flier:

Get Efficient, Convenient Access to your Investments with BPI Trade!

A unique and advanced online investment facility, BPI Trade gives you online connection to invest in Common Stocks, Fixed Income Securities and Mutual Funds right from your Internet-connected PC. So go ahead, buy that stock or make that placement. . .at your convenience.

Simply log on to www.bpitrade.com and make your investment orders. With BPI Trade, everything you'll need is with us. . .online!

Get the best investments with great benefits to match:
BPI Trade empowers you to choose from a variety of investment products to fit your needs. It also gives you the investment information you need and keeps you updated anytime, anywhere!

Common Stocks
  • The lowest Commission Rate of 0.25% allowed by the PSE
  • Get updated with Real-time Market Information direct from the PSE
  • Real-time Order Status via Email/SMS
  • Off-Hours Order Taking
  • Online Confirmation Advise next day
  • Online Statement of Account on the 1st day of the following month
  • Email/SMS confirmation on matched deals, high/low share prices and closing prices
Fixed Income Securities
  • Trade T-Bills, Fixed Rate Treasury Notes, and Retail Treasury Bonds
  • Shortest tenors available
  • Always quoted at competitive rates even for the lowest minimum investment
  • Off-Hours Order Entry
  • Online Confirmation Advise
  • Email/SMS Alerts on Maturities and Transaction Status
Mutual Funds
  • Invest in ALFM Peso Bond Fund
  • Historically higher yields compared to traditional bank products
  • Php100,000 minimum investment
  • participation fees (sales load) WAIVED
  • Online Contributions and Redemptions
  • Email/SMS Alerts on Transaction Status
A secure website for your peace of mind!
BPI Trade has a "firewall" that protects you from unauthorized access. With your unique User I.D. and Password, only you can access your BPI Trade account. BPI Trade will run only with browsers that support a 128-bit high level Secure Socket Layer (SSL) protection. These browsers can communicate securely via encryption, which changes the order of data you send and receive through the Internet channel. With these, you can have peace of mind knowing that all your trades are safe and secure.

With BPI Trade, managing your portfolio is made easy!
BPI Trade gives you the flexibility to shift your investments between fixed income securities, mutual funds and stock market securities.

Enroll in BPI Trade now, log on to
www.bpitrade.com
and click "Apply Now"

For more information, log on to www.bpitrade.com or
e-mail BPI Trade at bpitrade@bpi.com.ph

2 comments:

  1. Some flaws of BPITrade based on actual experience:
    - Portfolio display is a day delayed
    - Almost impossible to track stock purchase history. If I remember correctly the maximum history is up to 60 days max
    - Sometimes the online stock order facility is down. In this case one has to call them through phone to place the order. The guys at BPITrade are very accommodating though.
    - Flawed alert system. Delayed sending of email and SMS messages which in my opinion defeats the purpose of having an alert system.
    - No auto refresh for current stock transactions. One has to click on the refresh button every few seconds to have the display updated.
    - Transferring funds to/from the settlement account take some time to take effect. I think around 2 to 3 days.
    - Minimal stock trading research facility. No historical graphs and charts.

    The nice thing about BPI Trade though is the convenience of transferring funds to/from the settlement account which you can all do online. Another alternative to BPI Trade is Citiseconline however since they are not a banking institution one has to send checks or what not to fund the account which is a big hassle.

    ReplyDelete
  2. Thanks a lot for the comments CLIM. I would agree with you about the limitations and the challenges you have pointed that one who is using the BPI Trade platform will definitely experience as one becomes more and more involved with online stock trading.

    These limitations, however, are offset by the convenience of online transactions afforded by bpiexpressonline.com for clients of BPI Trade, which you have also clearly pointed out.

    If I may add, BPI Trade maintaining balance is currently just Php500.00. This is an advantage for the beginning online stock trader with limited funds.

    CLIM, your comments are most welcome.

    ReplyDelete

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