MoMo users can open a securities account entirely online and buy as few as one share. — Photo courtesy of MoMo
MoMo users can now effortlessly buy and sell listed stocks thanks to the launch of CV Securities Joint Stock Company's securities product on the MoMo platform.
The product is a collaboration between the two that is seamlessly integrated into the platform, leveraging the technology of the app to create an exceptional experience for users.
MoMo users can open a securities account entirely online and engage in trading as few as one share.
They can choose from a number of funding sources, including the MoMo e-Wallet and linked bank accounts.
In the initial phase, users can buy securities using their own funds. It is anticipated that in the near future CVS will offer margin credit.
The remarkable feature of the stock trading product is its automatic round-lot order splitting for users.
As a result, users can flexibly buy the desired quantity of shares without manually calculating even and odd lots or having to split orders.
With its technological advantages, MoMo makes buying and selling stocks fast and convenient.
On the platform, users can track market indices, view lists of top stocks in terms of market capitalisation, price gains and trading volumes.
Moreover, investors can have access to ongoing updates and insights from the trusted and market-savvy research team at CVS.
MoMo has also built a vibrant community to facilitate quick and timely exchange of securities-related information among investors, encouraging smart and responsible investment practices.
In recent years the company has been recognised as a user-friendly financial platform that connects customers with various products and services offered by banks and financial institutions.
Its finance - investment ecosystem includes a diverse range of products designed to meet users' investment and financial management needs, including Ví Trả Sau (Pay Later), online savings, mutual funds, credit cards, insurance, Apple Product installments and cross-border remittances. — VNS