Why is it important to invest in stocks?
Capital increase is the key motive to invest. When buying stocks you, the investor, becomes a co-owner of a company and thereby receives the right to influence company policy. In the long-term perspective, stocks are the most attractive investment tools, and analyst has showed that stocks more often than not offer a higher rate of return than simple bank deposits. In addition to price growth, stocks can generate dividends.
What is the UX and how does it work?
The UX is a brand new trading platform for the Ukrainian market that offers blue chip and second tied stocks for easy trading. During the trading session, professional participants make bids and asks of securities on a regular basis. This helps the individual trace changes in stock prices in which they are interested, allowing him or her to catch the very moment when to buy or sell a security.
Where can I use internet trading?
You can use trading platform anywhere in the world with Internet access. The program with all its accoutrements can be downloaded to your personal computer or to one belonging to a third party.
Why do I need a Custody account?
A Custody account is important for you to prove your ownership of the securities you bought. This is like a bank account, but it keeps securities instead of money. Only with a help of a Custody account you can deposit money and securities for further trading on the stock exchange.
How quickly is a bid executed?
Your bids appear at the stock exchange terminal. This procedure takes only a couple of seconds, after which you can see your bid on the trading system.
What taxes are taken when someone trades on the stock exchange?
Foyil Securities does not levy any taxes on its clients. The investor must take the responsibility to pay his or her taxes according to the rate set by the Law of Ukraine «On profit taxes of individuals» (for individuals who are residents -15%) Foyil Securities in its turn issues a complete report on all transaction, with a help of which you can calculate what you need to hand over to the State.
When and how can I use the money received from the sale of securities?
Money received from the sale of securities can be used at the client’s discretion: to buy more securities or transfer to a bank account. If you want to buy new securities, you can use this money right after changing your position during the trading session. If you want to transfer your money to your bank account, you need to send an order to your manager, and it will be executed immediately.
How can I add to my trading account?
You can add to your trading accounts via a simple money transfer from your bank account.
When and by whom will I be informed about transactions?
As soon as your bid is executed, a message about it appears in the “Transactions” window. In your portfolio, changes are made simultaneously — your cash position size and securities quantity are changed. Please note that in certain conditions (rarely) trading platforms cannot confirm the results of some transactions, which is why when the trading session ends, trading platforms inform all participants about the results and transactions. These data are final, and based on this information after the session, Foyil Securities inscribes all transactions on its register.
What commissions and invoices are necessary to pay?
You need to pay Foyil Securities services in accordance with the chosen tariff plan, depending on volume of transactions and amount of money invested.
How much can I earn trading the stock market on a monthly account of UAH 10,000 with a down payment of UAH 10,000? What is the average monthly or yearly net profit?
When trading on the stock market, you need to remember this rule: “The higher the risk, the bigger the profit,” So, it is difficult to answer these questions as a percentage. If you trade on a stock exchange, you totally control the investment process. You and only you decide what securities to buy with what profit and what level of risk and the term. You also need to remember that the market situation is constantly changing, and the risks from one economic sector can easily shift to another.