Stock basics
What is a stock?
A stock is a financial instrument that entitles the holder to a fraction of ownership in a publicly listed company. Owning stock may provide the holder with a portion of the company's earnings, distributed as dividends. Units of stock are called shares.
What are stock charts?
A stock chart displays a stock's price over time, with typical timeframes being daily, weekly, monthly, quarterly, or annual. Investors may use stock charts to forecast price movements.
Short-term traders often focus on daily and intraday data, while long-term investors typically analyse weekly and monthly charts to identify trends.
What is stock ownership?
Stock ownership is determined by the number of shares a person holds relative to the total shares issued by the company. For instance, if a company has 1,000 shares and a person owns 100, they hold 10% of the company's assets and earnings.
What is a stockbroker?
To buy stocks, you need a stockbroker licensed to purchase financial assets directly from stock markets on your behalf.
Revolut Bank Australia provides customers with the ability to buy and sell stocks on a non-advisory (i.e. execution-only) basis via the Revolut app, and transmits those orders to a third-party broker.
Investing balances (including the value of the stocks themselves and any amounts held in USD in your investing account) are not protected by the Australian Government's Financial Claims Scheme.