Here's How to Buy Stocks Online

Rancakmedia.com – We can buy stocks online through the internet, at home, anywhere as long as we are connected to the internet, 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 stocks is very easy to do, it can even be done online.

Following are the Procedures for Buying 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 Indonesia Stock Exchange (IDX). We need to register as a customer at one of the brokers.

If you want to buy stocks online, make sure the broker you choose has excellent online trading software capabilities and is easy to use. There is no fee 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 wish to open a stock account, please click here.

2. Fund Deposits

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

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

This RDI is solely used to store our money before it is used to buy shares. To deposit money, we can transfer via bank tellers, or via ATMs, 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 mobile (Android or iPhone) (Android or iPhone). Just choose as needed. Generally this software is free, there are no usage fees.

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

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

4. Buy or Sell Stocks Using Software

In the online trading software there is a menu for buying and selling shares. Enter the PIN, without a PIN we cannot trade shares. Select the menu to buy shares (Buy) (Buy). Then you simply enter the code of the stock you want to buy. Each share is given a 4 letter code, for example the shares of PT Aneka Tambang Tbk 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. It's easy to sell shares, also through software. Just select the sell menu (Sell). If there is a profit from the sale of shares, the profit will go directly to our balance.

5. Learn Stock Investment Strategies

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

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

Thus 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 a computer or smartphone. If you are interested in learning more about the ins and outs of online stock trading, it is recommended that you read the book Getting Started with Stock Investing.

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

Conclusion

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

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