Auto-Invest allows you to automatically invest in stocks and ETFs on the baraka app regularly. It uses a method called Dollar-Cost Averaging (DCA), to steadily build your portfolio over time by investing small amounts of money regularly.
To set-up an auto-investment on baraka, follow the steps below:
– Select the stock or ETF you would like to place an order for
– Click the ‘Invest’ button on the bottom right of your screen
– Select ‘Auto-Invest’ 🤖 from the drop-down menu on the top right corner
– Enter the amount you would like to regularly invest, the time period and start date
– Click 'Confirm'
If you still need help, please provide us with your registered email address or mobile number. We will be with you shortly. 💬 Kindly note that our support hours are between 11AM and 11PM (UAE time).