Your brokerage account on Bamboo is your stock trading account that enables you to buy and sell Nigerian stocks.
Before you can start trading Nigerian stocks, your NGX trading account must first be reviewed and this usually takes a maximum of 2 working days.
With this brokerage account, you can also access everything that has to do with stocks and your stock portfolio such as your dividends (coming soon), the performance of stocks you own, etc.
When you sell stocks, the funds go to your brokerage account. Additionally, in the event that you attempt to buy stocks with money in your Bamboo wallet and the order is canceled or not executed, the funds also go to your brokerage account.
To view the breakdown/details of your brokerage account, please follow the steps below:
On the Bamboo homepage, click on 'NG Stocks' then click on 'Breakdown'. You will be able to see the following;
Portfolio return: Total gain or loss you have recorded on the stocks in your portfolio.
Cash: The cash in your brokerage account that you can withdraw or use to buy new stocks.
Equities: The total amount you have spent buying the stocks in your portfolio. This also includes a ‘>’ icon which you can click on to view the stock(s) you own and their current prices.