Online stock trading is one skills you need to learn to be able to make wise investments in the stock market. It is hard to learn something if you don’t have a hands-on experience. Just like any other things, online stock trading can be learned for free.
There are online stockbrokers that offer a free demo account for online stock trading. CitisecOnline is one stock broker that you can use to open a free demo account.
You can learn online stock trading for free. Yeah it’s true. You only need to register to a virtual online stock trading game. If you want to learn how to buy and sell stocks with virtual money, you can register to CitisecOnline for a 7-day free demo or to the Philippine Stock Exchange online stock trading game.
After you registered, you can now start to do online stock trading. With PSE online stock trading game, you are allowed to buy and sell stocks only during trading hours from 9;30 am to 12:00 noon Philippine time. You can’t do online stock trading outside this trading hour.
After you learned how to buy or sell stocks with demo account, you can open a real stock trading account. CitisecOnline is one of the best online stockbroker in the Philippines. For as low as P5,000, you can open an account. However,that amount of money is very small.
I think you need to open an account with a higher deposit just like the initial minimum deposit of CitisecOnline of P25,000. With that amount, you can buy stocks with higher quantity and you can realize more your gain or loss.