Bank of America Corp.
BAC
About Bank of America
Bank of America Corporation is one of the world's leading financial institutions, serving a wide range of clients, from individuals and small businesses to large corporations and governments. Its services encompass the full spectrum of banking, investments, asset management, and other financial and risk management products and services. With a broad reach across retail banking, wealth management through Merrill Lynch, and corporate and investment banking, Bank of America is a fundamental pillar of the American and global financial system.
FAQ
You can easily purchase Bank of America (BAC) shares through the Gotrade app. Simply download the app, set up your account, fund it, and then search for the 'BAC' ticker to begin your investment journey.
At Gotrade, you can kickstart your investment in Bank of America with as little as $1.
Absolutely. Brokerage services on Gotrade Indonesia are provided by PT Valbury Asia Futures, a licensed futures and commodities broker registered with and supervised by the Indonesian Financial Services Authority (OJK).
Yes. Gotrade provides access to U.S. stocks from Indonesia through fully backed shares. This is facilitated through a cross-border order routing scheme for foreign stock derivative contracts (PALN), in accordance with regulations from Bappebti (the Commodity Futures Trading Regulatory Agency).
When you trade, you enter into a contract with PT Valbury Asia Futures (Valbury), a Bappebti-registered broker in Indonesia. Valbury, in turn, fully backs its contracts 1-for-1 with Alpaca Securities LLC, a FINRA-licensed broker-dealer in the United States. For every share (or fraction thereof) you hold on Gotrade, a corresponding share is held by Valbury in a separate, segregated brokerage account at Alpaca Securities LLC.
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