Will the New Trading Platform from Billionaires Tony Tancaktiong and Injap Sia Encourage More Filipinos to Trade in the Stock Market?
As of December 2021, the total number of individual investors in the Philippine Stock Exchange was 1,034,582. With the Philippine population at around 112 million, that means less than one percent of Filipinos are trading in the stock market.Ā
The rest of the 99 percent of the Filipino population is a huge market that new platforms like DragonFi Securities Inc. would like to exploit. Developed and operated by a company owned by billionaire businessmen and partners Tony Tancaktiong and Edgar āInjapā Sia, DragonFi launched its mobile and web stock trading platform on Monday (May 8).
ALSO READ
Billionaire Businessmen Tony Tan Caktiong and Injap Sia's Trading Firm Starts Operations
Injap Sia's Hotel 101 Is Expanding to Spain
DragonFi Securities was once known as Tri-State Securities and was acquired by BeeDragon Global, the joint venture between Tan Caktiongās Honeystar Holdings Corp., Siaās Injap Investments Inc., and the group of Lim, in November 2021. Tri-Star changed its name in May 2022.Ā
To encourage more people to participate in the local stock market, DragonFi took it upon itself to develop a āreliable, scalable, and technologically sophisticated platform that not only provides access to the equity market, but also equips investors with tools that inform their investment decisions.ā
āWith our technology-driven approach, we believe that we can expand the investor base and help us achieve a value turnover of P100 billion coursed through DragonFi within our first 24 months of operation,ā said DragonFi Securities co-founder and CEO Jon Carlo Lim.Ā
According to DragonFi officials, the new platform shares the same cutting-edge technology as some of the largest brokerages in the U.S., making it āpurpose builtā for the most demanding financial markets.āĀ
Notable features of the web platform include:
- Fully customizable trading experience. The platform's intuitive drag and drop interface makes it easy to create both simple & complex layouts to cater to an investor's changing needs.
- Advanced order types and frst-to-market conditonal orders. Investors can send simultaneous orders to capture opportunites, manage risk and protect their profts.
- Advanced Charts. Advanced chartng with more than a hundred studies, indicators and drawing tools.
- Trade from diferent widgets. Investors can trade from virtually anywhere in the platform, providing an edge in a fast-moving market.
DragonFi also offers a modern and responsive mobile app that allows investors to transition seamlessly from web to mobile. The app's watchlists are synced across devices and its intuitive interface enables fast order entry. Facial recognition and biometrics authentication are also available for secure and convenient log-ins.
"We are proud to be part of a company that is revolutionizing the investment landscape in the Philippines,ā Sia said. āWith DragonFi's advanced technology and innovative products, we are confident that we can provide Filipinos with the tools they need to succeed in the stock market."
Users can open and fund their DragonFi account in as little as 30 mins. Investors can open their account and start trading at DragonFi.ph with a minimum deposit requirement of P25,000. To know more about our plans, visit this site.
DragonFi Mobile is already available for download at the Google Play Store and Apple App Store.