Linking a Brokerage
Buying shares in MyWallSt requires a linked brokerage. We have partnered with DriveWealth brokerage to offer speedy, secure, and seamless trading within MyWallSt.
DriveWealth is a U.S. based broker that offers bank-level security and opening an account through MyWallSt has some great bonuses, including incredibly low $0.01 commission fees and a portfolio view that gives more insight into your holdings.
When buying shares you will be given the option to input a cash or stock amount.
Selecting a cash amount allows you to input an exact dollar amount that you would like to invest. Depending on the share price, this will result in full and/or fractional share purchases. (DriveWealth allow the purchase of fractional shares, meaning you don't have to buy a full share if you do not want to.)
Selecting a share amount means the order will only include full share amounts rather than including any fractional shares. The cost of the investment will be dependant on the current share price of your selected stock and the share amount selected.
Navigate to your chosen stock's detail page.
Tap to Invest.
Choose Cash or Share amount.
The New York Stock Exchange and the NASDAQ operate from Monday - Friday, between the hours of 9:30am - 4:00pm EST.
Purchase or sale orders made outside of Market Hours, will not be fulfilled until the Market reopens.
Stocks That Are Not On Our Shortlist
If you would like to purchase a stock that is not amongst the MyWallSt shortlist, you can still place the order via our app.
As long as you have a linked DriveWealth account, you can navigate to the Stocks tab and then tap the Search icon in the top right-hand corner. From there simply search the stock you would like to invest in, tap it and invest.