Upstream, part of MERJ Exchange, makes it easy for investors to purchase stocks from a userfriendly trading app
By Vanessa Malone
Upstream, part of MERJ Exchange, gives investors outside of the U.S. and Canada access to U.S. and international stocks all from a userfriendly stock trading app. Here’s how to purchase stocks on Upstream.
Note: U.S. persons may not deposit, buy, or sell securities on Upstream.
How do I buy stock on Upstream?
If you haven’t yet, download Upstream on iOS or Android.
- Open the Upstream app and navigate to the Market.
- Tap on the security you’d like to buy.
- Tap Buy.
- Set the Limit Price, aka a bid, which is the highest share price you’re willing to pay for the security. You’re guaranteed to pay the price you set or less for your securities. Please note that the default Limit Price is automatically set to the current best price available on the market. The minimum price is $0.01.
- Select your Order Size, which is how many shares you’d like to purchase for the price you set per share, by typing in the number of shares you’d like to buy for the price you’ve set or sliding the scale to your desired amount of shares you’d like to purchase. You must have sufficient funds to complete the share purchase as entered plus the 1% fee. Note, while your order is awaiting execution, the funds required for this transaction will not be available to you for other buy orders. You must have sufficient funds available to fulfil all of your open Buy orders.
- Hold and drag the Select Expiry button to select how long you want your selected offer to buy the securities to be available on the market.
- Tap the Buy button and verify your identity using biometrics. Your order will be signed by the Upstream app and submitted to the blockchain orderbook.
If your order is filled or partially filled based on the parameters you’ve set, you’ll be notified via the app. The new shares will appear in your Upstream Portfolio and your available funds will be reduced by the trade value (avg. share price * order size) plus 1%.
You can see all your previous orders or active orders waiting to be filled by tapping the Profile icon, then navigating to Orders.
Disclaimers:
U.S. persons may not deposit, buy, or sell securities on Upstream. Anyone may buy and sell Collectibles on Upstream.
This communication shall not constitute an offer to sell securities or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation is not permitted. Collectibles have no royalties, equity ownership, or dividends. Collectibles are for utility, collection, redemption, or display purposes only. Anyone may buy and sell Collectibles on Upstream. All orders for sale are non-solicited by Upstream and a user’s decision to trade securities must be based on their own investment judgment.
Upstream is a MERJ Exchange market. MERJ Exchange is a licensed Securities Exchange, an affiliate of the World Federation of Exchanges, a National Numbering Agency, and a member of ANNA. MERJ is regulated in the Seychelles by the Financial Services Authority, https://fsaseychelles.sc/, an associate member of the International Association of Securities Commissions (IOSCO). MERJ supports global issuers of traditional and digital securities through the entire asset life cycle from issuance to trading, clearing, settlement, and registry. It operates a fair and transparent marketplace in line with international best practices and principles of operations of financial markets. Upstream does not endorse or recommend any public or private securities bought or sold on its app. Upstream does not offer investment advice or recommendations of any kind. All services offered by Upstream are intended for self-directed clients who make their own investment decisions without aid or assistance from Upstream. All customers are subject to the rules and regulations of their jurisdiction. By accessing the site or app, you agree to be bound by its terms of use and privacy policy. Company and security listings on Upstream are only suitable for investors who are familiar with and willing to accept the high risk associated with speculative investments, often in early and development-stage companies. U.S. persons may not deposit, buy, or sell securities on Upstream. There can be no assurance the valuation of any particular company’s securities is accurate or in agreement with the market or industry comparative valuations. Investors must be able to afford market volatility and afford the loss of their investment. Companies listed on Upstream are subject to significant ongoing corporate obligations including, but not limited to disclosure, filings, and notification requirements, as well as compliance with applicable quantitative and qualitative listing standards.
Collectible products are akin to a digital sticker of an underlying artwork and should not be considered a financial investment; a security token, an e-money token, or a form of digital currency. Collectibles should not, therefore, be purchased by anyone seeking financial gain or with an expectation to profit from the purchase, ownership in the entity, dividends or distributions, sale or resale of a Collectible. By buying a Collectible, you agree that you are not doing so for investment purposes or for the purposes of obtaining a security or an appreciating asset. You understand that the benefit you receive for buying a Collectible is limited to supporting athletes, celebrities and other brands. You also acknowledge that ownership of a Collectible does not carry with it any rights, express or implied, including (without limitation) copyright, trademarks or other intellectual property or proprietary rights in and to the underlying artwork. The copyright to the digital artwork remains with the copyright holder.
Forward-Looking Statements
This communication contains “forward-looking statements.” Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential,” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified, and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) difficulties in obtaining financing on commercially reasonable terms; (ii) changes in the size and nature of our competition; (iii) loss of one or more key executives or brand ambassadors; and (iv) changes in legal or regulatory requirements in the markets in which we operate. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.