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The launch of VFEX Direct has brought convenience especially for retail investors who wish to invest in the US dollar denominated counters listed on the Victoria Falls Stock Exchange (VFEX).  VFEX Direct is an online and mobile trading platform that enables individual investors to buy and sell securities. The main objective of launching this service was to enable easier access for retail investors to open trading accounts and experience the investment process on VFEX. 

As this service was developed, we incorporated key features that will enable even a first time investor to confidently place orders on their own through the VFEX Direct platform.

 VFEX Direct key features

As we strive to encourage retail participation, VFEX Direct has key features that investors can make use of when trading on VFEX which include;

A user friendly interface

The platform has been made easy to use, even for the first time investor. The web platform (www.vfexdirect.vfex.exchange) and the mobile application (available on Android and IOS) is easy to use, and the key features such as buying, selling and checking one’s portfolio is easy to find and navigate.

A view of one’s portfolio

The VFEX Direct portfolio indicates the securities in an investor’s depository account as well as the value of one’s portfolio from the date when one’s VFEX Direct account was approved.

Market Statistics 

VFEX Direct has the latest market statistics that include the market snapshot, and price sheet to help investors track the performance of the market.

Lot Size 

The VFEX Direct platform allows an investor to place an order of any lot size with a minimum initial investment of US$10. 

Market Depth 

The market depth feature shows up to 10 best orders on both the buy and sell side. This feature enables the investor to assess the status of other orders in the market and hence be able to make an informed decision on their buy or sell order. 

Trade Tab

The trade tab on VFEX Direct includes easy access to the buy and sell tabs. Full details of every matched buy or sell order is available for investors including the buy and sell history.

Wallet Tab

The wallet tab shows one’s VFEX Direct wallet balance and includes the top up functionality which enables an investor to easily fund their VFEX Direct wallet.

 An investor can also withdraw their funds through the withdrawal tab within the wallet tab on the VFEX Direct platform.

The account statement of an investor details the deposits, withdrawals, buy and sell transactions.

These key features are an added convenience to investors that trade through the VFEX Direct platform. Register today on VFEX Direct, and enjoy the convenience of managing your portfolio.

Information provided in this article is for educational purposes and does not constitute financial advice. You should obtain independent advice from a registered stockbroker or financial advisor before making any financial decisions.

For more information about VFEX Direct, visit/ww.vfexdirect.vfex.exchange/Email: [email protected]/Tel: +263 24 2886830-5