Here's How to Buy Shares Online

Lovata Andrean

Here's How to Buy Shares Online
Here's How to Buy Shares Online

Rancakmedia.com – We can buy shares online via the internet, at home, anywhere as long as we are connected to the internet, did you know how to buy stock by online. This essay will fully answer this question.

Stock investment is an investment strategy that offers several advantages compared to investing in other fields. Starting from convenience, practicality, and high results. Now investing in shares is very easy to do, it can even be done online.

Following are the procedures for purchasing shares online

Following are the procedures for purchasing shares online

1. Open a Stock Account

To be able to buy shares we must be registered as a securities customer (broker/broker). Securities companies are intermediaries for us to be able to buy shares on the Indonesian Stock Exchange (BEI). We need to register as a customer at one of the brokers.

If you want to buy shares online, make sure the broker you choose has excellent online trading software capabilities and is easy to use. There are no fees to open a stock account, it's free.

You only need to fill out the form and complete it with copies of the required documents. If you want to open a share account, please click here.

2. Deposit Funds

Once the stock account is complete, usually 1-3 days if you register online, we will be given an email confirming the creation of the stock account. The email contains the username, password, PIN, and Investor Fund Account (RDI) number or sometimes called the Customer Fund Account (RDN).

We need to deposit money into RDI with a minimum amount determined by the broker where the account is opened. This Investor Fund Account is a bank account in our own name, but there is no savings book or ATM card.

RDI is solely used to store our money before using it to buy shares. To deposit money, we can transfer via bank teller, or via ATM, internet banking.

3. Install Online Trading Software

Download and install the online trading software provided by the broker you opened your account with. Usually there is a PC version, or a mobile (Android or iPhone) (Android or iPhone). Just choose according to your needs. Generally this software is free, there are no usage fees.

Here's How to Buy Shares Online

Then you can log in using the username and password that was previously provided via email. After logging in, you are usually asked to update your password and PIN for security.

In this online trading software, you can see the amount of deposit that has been placed. The image below is an example of one of the online trading software used to buy or sell shares.

4. Buy or Sell Shares Using Software

In online trading software there is a share buying and selling menu. Enter the PIN, without the PIN we cannot trade shares. Select the menu to buy shares (Buy). Then you simply enter the stock code you want to buy. Each share is given a 4 letter code, for example PT Aneka Tambang Tbk shares are designated ANTM.

Enter the price of the shares you want to buy and enter the number of lots of shares you want to buy. Minimum purchase is 1 lot or 100 pieces. Then click the Send button. Easy to sell shares, also via software. Just select the sell menu (Sell). If there is a profit from selling shares, the profit will go directly into our balance.

5. Learn Stock Investment Strategies

Of course we can't just buy and sell shares, we might not make a profit but instead make a loss. We need to understand the correct approach to investing, starting with selecting shares and deciding when is the best time to buy or sell shares.

You can read various articles on our website to increase your knowledge about stock investment or you can also read various books about investing and stock trading

That's a brief explanation of how to buy shares online. So now investing is very practical and easy. We can buy shares via the internet, either via computer or smartphone. If you are interested in learning more about the ins and outs of online stock transactions, it is recommended that you read the book Starting to Invest in Stocks.

This book teaches the ins and outs of shares and provides lessons on using online trading software for buying and selling shares. This book is for beginners who want to learn about stocks.

Learn Stock Investment Strategies

Conclusion

Investation Stocks offer several advantages over investing in other areas. Starting from convenience, practicality, and high results. There are no fees to open a stock account, it's free. We need to deposit money into RDI with a minimum amount determined by the broker where the account is opened.

After logging in, you are usually asked to update your password and PIN for security. In this online trading software, you can see the amount of deposit that has been placed. Each share is given a 4 letter code, for example PT Aneka Tambang Tbk shares are designated ANTM.

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Lovata Andrean

Hi, I'm Lovata, I'm not Ai but I am a content writer for SEO, Technology, Finance, Travel, Cooking Recipes and others. I hope this can be useful for all my friends. Thanks