BPITrade is neat
The BPITrade homepage looks plain and is almost bare. But surprisingly, or more importantly -- like what Marginal Stock Trader would like to say -- it covers the essentials.
Other than the BPITrade logo and the VeriSign image link, there is just one other image.
This image is a composite of several pictures showing from different vantage points, the trading floor of the Philippine Stock Exhange or PSE, and the facade of Tower One Ayala Triangle building where the PSE maintains a trading floor.
Within this image is shown the BPITrade tagline: Online Stock Trading... Anytime... Anywhere...
The street address of the PSE is:
Philippine Stock Exchange Plaza
Ayala Triangle, Ayala Avenue,
Makati City 1226
Going back to the BPITrade homepage, the left-hand-side navigation bar contains eight links, namely:Based on experience of the past three months, about 90% of the time Marginal Stock Trader used only the Sign In link, the most important link, to get access to his BPITrade account.
BPITrade is convenient
What more could you ask for in an online stock trading platform but simplicity and convenience.
Marginal Stock Trader only wants to do online stock trading. Simple.
Put in the money. Buy and sell stocks to your heart's content. Take out some or all the profits anytime you want to. Leave the rest of the funds behind.
Then, you get paper copies of statement of account, official receipts and other documents for records purposes along the way. All these and more are available with BPITrade.
The best thing about BPITrade is that it can be conveniently linked to your other Bank of the Philippine Islands or BPI account through BPI Internet Banking platform BPI Exress Online at www.bpiexpressonline.com.
BPITrade is functional
Typically, one or two clicks are enough to get to the section you wanted when navigating the BPITrade website. Buying and selling stocks are completed in only a few simple steps.
Let us take for example the procedure for buying or selling 20 shares of stocks of Ayala Corporation:
Trading stocks menu offers the following pages: Order Entry, Order Information, Symbol List and Broker List .
Other links available on the left-hand-side navigation bar when you log in to your BPItrade account are:
- Market Info
- Learn More
- Sign Out
Market Info link gives us the following pages: Market Info, Stock Info, Quote Page, Time and Sales, Most Active, Top Gainers/Losers, Top Buy/Sell and Ticker Tape [ ON / OFF ] .
Most of the time, Marginal Stock Trader is glued to the Time and Sales and the Stock Info pages to check on prices, volume of trade and other information.
Now, when we click on the Portfolio link, we get the information about our Authorized Cash Position, Available Cash Position and Stock Position.
In accordance with Marginal Stock Trader goals, his favorite pages are:
- Time and Sales
- Order Entry and
Services or Client Services page offers the following options for BPITrade clients:
Setup E-mail/Cellphone for Alerts
Allows you to change e-mail address or cellular phone number used for alerts.
Build Your Alert Profile
Allows you to specify high/low prices for alerts.
BPITrade Bank Account Funding
Information on how to add funds to your BPITrade Bank Account .
Allows you to transfer funds from your BPI Trade Account to your settlement account.
Stock Trading Statement of Account
Allows you to view your Stock Trading Statement of Account.
Stock Trading Transaction History
Allows you to view your Stock Trading Transaction History.
Fixed Income Transaction History
Allows you to view your Fixed Income Transaction History.
Mutual Funds Quarterly Financial Statement
Allows you to view your Mutual Funds Quarterly Financial Statement.
Mutual Funds Transaction History
Allows you to view your Mutual Funds Transaction History.
Change Account Information
Updates your Personal Information.
Allows you to change your existing password.
Sign In Trail
Allows you to view your sign-in history.
Allows clients to send in their comments and other issues.
Admittedly, BPITrade does not have the usual bells and whistles of similar commercial websites. Nevertheless, it gets the job done to the full satisfaction of Marginal Stock Trader.