How can I find out more about the fees associated with specific investment products on the baraka platform?
Are there any penalties for closing my baraka account or transferring my funds to another investment platform?
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).