On ComX, It’s Simple to Start Trading
by the Customer Fulfillment Squad
When you signed up on ComX by AFEX, you joined a growing number of wealth creators, pulling together the potential of great returns and incredible impact into one activity — commodity trading.
One of our favorite things to say within the ComX team is “Be Bullish on Impact!” a.k.a invest with an eye on growing your wealth while changing individual farmer lives and supporting the growth of the agriculture sector in Nigeria at large.
Our task as the Customer Fulfillment Team for ComX is to give you all the tools you require for success. In this case, success is pretty easy to define:
- Fund your wallet
- Start trading
- Start earning
Let’s dive into all you need to know to get started. You can watch the video that follows or read the rest of this article and jump back into ComX right after.
Fund your wallet with ease!
We have made the process to fund the wallet on your live account very simple. After signing up, it’s up to you to choose your preferred method of funding. You can either pay through the card option or transfer to the sterling bank account number provided on the app interface:
Card Option
- Enter amount to deposit via card
- Click on “Fund my account”
- Click on Paystack
- Enter your card details to pay
- Click on Pay
- Your wallet gets credited
Transfer Option
- Transfer the decided amount to the provided Sterling account number
- Click on Notify Us
- Your wallet gets credited accordingly
Then it’s time to BUY!
With money now in your wallet, you can put up a buy order on any of our listed products in your market view, and start getting a bit of the action. Just:
- Click on “Market” on the home page
- Click on “Trade” to view different commodities available
- Click “Buy” under your preferred choice of commodity
- View historical price data of commodity and click “Buy” again
- Input the Number of units to trade
- Input preferred unit price to trade between the minimum and maximum price band
- Click on “Preview” to preview your intended trade
- Confirm “Buy” by clicking “Buy Now”
- Wait to get matched
- You’ll get a Contract Note for your trade
Watch the market and prepare to SELL!
For the spot commodities (SMAZ, SCOC, SBSS, SSGM and SPRL) where you can enter and exit the market at any time, access our range of resources from price tickers to reports and updates on our website and social media pages (Twitter, Facebook, Instagram and LinkedIn) to stay in the loop. Decide when you want to sell and do so in these steps:
- Click on “Trades” on the home page
- Click on “Market” to view different commodities available
- Click “Sell” under your preferred choice of commodity
- View historical price data of commodity and click “Sell”
- Input the Number of units to trade
- Input preferred unit price to trade between the minimum and maximum price band
- Click on “Preview” to preview your intended trade
- Confirm “Sell” by clicking “Sell Now”
- Wait to get matched.
- You’ll get a Contract Note for your trade
Don’t have the ComX App just yet?
Or Sign Up at comx.afexnigeria.com