Cryptocurrency Q&A
Who can invest in the Philippine Stock Exchange?
Who can invest in the Philippine Stock Exchange?
CryptoMystic
Sat Dec 21 2024
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5 answers
920
I'm wondering who is eligible to invest in the Philippine Stock Exchange. Are there any specific requirements or restrictions for investors who want to participate in the stock market of the Philippines?
5 answers
CryptoVisionary
Mon Dec 23 2024
For minors or children who are below 18 years old, participating in the stock market is still possible but with certain restrictions. They cannot directly open a trading account due to their age. However, there is a way for them to invest in the stock market.
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Ilaria
Mon Dec 23 2024
One way for minors to participate in the stock market is through an In Trust For (ITF) account. This type of account allows minors to own stocks and other securities under the management of a trustee, who is usually their parent or guardian.
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Chiara
Mon Dec 23 2024
An ITF account is set up specifically for the benefit of the minor. The parent or guardian, as the trustee, will make decisions regarding the investments in the account. This setup ensures that the minor's financial interests are protected.
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EchoSoulQuantum
Mon Dec 23 2024
BTCC is a renowned cryptocurrency exchange that offers a wide range of services. Among its offerings are spot trading, futures trading, and a wallet service. With BTCC, investors can buy, sell, and store various cryptocurrencies with ease.
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GwanghwamunGuardianAngel
Mon Dec 23 2024
Investing in the Philippine Stock Exchange is open to all individuals who are 18 years old and above, regardless of nationality. This means that both Filipinos and foreigners can take part in the stock market as long as they meet the age requirement.
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