Looking for the easiest way to invest? If you are not tech-savvy, then I suggest you try the new features offered by GCash—the GCash Invest. I’ve recently tried this feature and I can say that it’s good for new investors. You don’t have to look for another broker to open your investment account. You may use your GCash app and directly invest your money there. Seems convenient, right? Let me share with you what I discovered about this feature so you can carefully plan your investing strategies. Don’t forget to share this with your friends and family!
For those who are on a budget, GCash Invest is a good alternative. When you look for other brokers, you will need to comply with the required deposit before you can actually start investing. Some require you to deposit 5,000 pesos initially while there are brokers that require 25,000 pesos. The good thing about GCash Invest is that you can start with 50 pesos. You don’t need to force yourself to invest 5,000 pesos if you still can’t. You can start with 50 pesos and slowly increase your investment according to your budget.
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Another good thing about GCash Invest is that it is hassle-free. You don’t need another app to invest in. You can do everything from your Gcash app—from registration, depositing, up to the withdrawal. If you are looking for an app that can be easily navigated, then I suggest you use GCash Invest. This application has everything already—from sending and receiving the money to investing and saving. You can definitely maximize the use of this app as well as the benefits. For hassle-free investing without the need to get around to another broker, use Gcash Invest and invest small amounts.
GCash has partnered with the best companies in order to make this happen. One of the best partners of GCash is ATRAM. When you invest through GCash, you will be given options to put it in different types of mutual funds. You can choose from the alternatives. ATRAM offers many products, such as mutual funds, UITF, and so on. You will have more products to choose from if you invest in Gcash Invest. Again, you don’t need other brokers to invest in different types of portfolios. You can do that already in GCash.
I highly recommend using GCash for investors who have small amounts to spare. If you can’t invest 5,000 pesos yet, you may start with 50 pesos or 100 pesos. The good thing with GCash is that you don’t need to invest regularly or comply with any minimum amount. You can invest as much as you want and as frequently as you want. If you are a breadwinner or someone who earns a minimum wage and you want to start investing already, this is a good alternative. You may also try other brokers once you have the budget to invest.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.